🔢 Out today, our Annual Report and Accounts shows that we supported £6.8bn of finance for 28,000 smaller businesses in 2024/25 and we returned a statutory profit before tax of £144m 💪
British Business Bank
Financial Services
Sheffield, South Yorkshire 50,553 followers
Corporate news and small business information from the UK’s government-owned business development bank.
About us
The British Business Bank is the UK's economic development bank. Our mission is to drive sustainable growth and prosperity across the UK, and to enable the transition to a net zero economy, by supporting access to finance for smaller businesses. We design, deliver and manage finance programmes for the UK government to increase the supply of finance to smaller businesses. We do not lend directly but work with over 200 delivery partners to address existing gaps in the market. Our programmes were supporting more than 90,000 companies with more than £12.4bn of finance at the end of March 2023. British Business Bank plc is a public limited company registered in England and Wales, registration number 08616013, registered office Steel City House, West Street, Sheffield, S1 2GQ. It is a development bank wholly owned by HM Government. British Business Bank plc and its subsidiaries are not banking institutions and do not operate as such. With the exception of BBB Investment Services Limited they are not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. BBB Investment Services Limited is authorised and regulated by the Financial Conduct Authority. A complete legal structure chart for the group and details of the programmes operated by the relevant subsidiaries can be found at british-business-bank.co.uk.
- Website
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http://www.british-business-bank.co.uk
External link for British Business Bank
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Sheffield, South Yorkshire
- Type
- Government Agency
- Founded
- 2014
Locations
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Primary
Steel City House
West Street
Sheffield, South Yorkshire S1 2GQ, GB
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8 Salisbury Square
London, England EC4Y 8AP, GB
Employees at British Business Bank
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Hazel Moore
Chair of FirstCapital - smarter dealmaking for growth tech companies
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Leandros Kalisperas
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Susan Elliott
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Richard Cole, CDMP
Data Architect at British Business Bank | Certified Data Management Professional (DAMA CDMP Associate) | Passionate about Solving Data Challenges &…
Updates
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📆 September is here – and #BusinessFinanceWeek25 is just around the corner. Business Finance Week helps smaller businesses learn about the different finance options that may be available to them to support their individual needs. 🫖 We recently caught up with Bird & Blend Tea Co. B Corp co-founder and MD Mike Turner about his business journey and the support he's received along the way. Feeling inspired? See our full list of upcoming events: https://bit.ly/3TbSQKp
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We're kicking off #BusinessFinanceWeek25 in Sheffield 🙌 Join us as we unite health tech and life sciences leaders, innovators, and investors to accelerate transformation across Yorkshire. Yorkshire is leading the way on health innovation and this event will showcase cutting edge advancements and investment opportunities from across the region. 📆 Tuesday 30 September 🕤 9.30-12.00 🎫 https://bit.ly/4msGASu Sheffield Technology Parks TECH SY South Yorkshire Mayoral Combined Authority West Yorkshire Combined Authority
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🗣️ "This is not an issue of the past." In the final part of our female investor series, we discuss some of the barriers women face when entering the industry, from outdated maternity leave policies to succession planning. We're proud to be a member of the Invest in Women Taskforce and recently committed an additional £50m to support female fund managers. Christine Hockley Sajni Chotai Emma Johnson #InvestInWomenTaskforce #FemaleInvestors
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Our 2024/25 activity is expected to create 38,000 additional jobs and £18.0bn of additional business turnover, equivalent to £8.0bn expected increase in UK economic output. 84% of the businesses we supported were outside of London, and our activity in 2024/25 is expected to provide a more than £100m boost to economic output in each and every UK Nation and region. Read our Impact Report here: https://lnkd.in/dwamQ-Vx
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#ICYMI: Growth Guarantee Scheme has reached £2.5bn in total lending, enabling smaller businesses across the UK to invest, expand and thrive 🚀 With 69% of total UK lending reaching businesses outside London and the South East, the programme is helping smaller businesses acros the UK access the funding they need to grow and innovate 💪 One of the businesses that accessed the Growth Guarantee Scheme is Câr-Y-Môr, a community-owned seaweed farm based in Pembrokeshire. The funding has helped them scale operations and invest in equipment to expand their sustainable aquaculture activities 🌊🌿
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"I want them to be confident to walk into any room and know that is somewhere they deserve to be." Sajni Chotai and Emma Johnson, two members of our Life Sciences investments team, discuss the advice they'd give to young female investors entering the industry. #InvestInWomenTaskforce #FemaleInvestors #InvestmentCareers Invest in Women Taskforce
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“We want to crowd private money into UK growth and get UK institutions to realise this goldmine of opportunity that we’re sitting on – innovative companies that they’re currently missing.” Our CEO Louis Taylor CBE sat down with Kezia Kho of Mergermarket to discuss the launch of the British Growth Partnership to channel more private capital into later stage high-potential UK companies and the Bank’s focus as we look to scale investment into the priority sectors of the Industrial Strategy.
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"The better numbers we have, the better decisions we're going to make." Our Managing Director, Sustainability, Tony Greenham sat down with Icebreaker One for their 'Perseus in conversation' podcast to discuss why smaller businesses are essential for net zero, the growing demand for sustainability data from financiers and how Perseus - a live smart data scheme - is making carbon accounting simple. Listen below 🎧
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"I love science and technology, but working in a laboratory wasn't for me." We sat down with three members of our investment team, Christine Hockley, Sajni Chotai and Emma Johnson, to discuss their career journeys and what attracted them to venture capital. Invest in Women Taskforce #FemaleInvestors #InvestInWomenTaskforce #InvestmentCareers