Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many full time equivelent staff are employed by the British Business Bank in each NUTS 1 region.

As at January 2018, the British Business Bank has 229 FTE employees in the Yorkshire and Humber, and London NUTS1 regions – 80 in Yorkshire and Humber; and 149 in London. This includes figures for SULCo, who merged with the Business Bank on 1st April 2017.

As noted in the Industrial Strategy White Paper, British Business Bank are rolling out a network of regional managers by autumn 2018 to ensure businesses across the UK know how to access sources of investment. The network will cover England, Scotland, Wales and Northern Ireland, with managers responding to a region’s particular needs and acting as convenors to improve collaboration, sharing of expertise and the creation of networks of private and public partners.