Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, how (a) much finance was and (b) many loans were provided to businesses by the British Business Bank; and how many and what proportion of these loans were provided to small businesses.

At 2022/23 the British Business Bank was supporting £12.4bn of finance to 90,201 small businesses across the UK through the Bank’s 220 delivery partners. Finance supported by the Bank is intended for small and medium businesses, as defined in the Companies Act.