Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 2 February 2026 to Question 108798 what the British Business Bank’s total programme expenditure, staffing costs, and consultancy and professional services costs were in 2024–25, broken down by programme or business line.
The British Business Bank’s total staffing costs in 2024-25 were £71.591 million. In the same year, the BBB incurred total expenditure of £26.456 million on professional fees. These comprise fees relating to investment scheme design and transactions and other operational professional services.
A breakdown by business line is provided below, taken from the British Business Bank’s annual report and accounts for the year ended 31 March 2025.
All figures in £ '000 | Staff costs | Professional services |
British Business Finance | 2,089 | 186 |
British Business Investments | 2,588 | 3,157 |
British Patient Capital | 4,616 | 643 |
Nations and Regions Investments | 1,283 | 16 |
Start Up Loans | 4,100 | 253 |
BBB Investment Services | 169 | 17 |
Company plc, Holdings and British Business Financial Services | 56,746 | 22,184 |
Total group | 71,591 | 26,456 |