Future Fund

(asked on 3rd February 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much and what proportion of investment support has been provided under the Future Fund scheme to firms located in (a) London, (b) the South East and (c) Yorkshire and the Humber, to date .


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 8th February 2021

Future Fund data, including the amount and proportion of investment made to the different regions and nations of the UK, is available on the British Business Bank website.

As of the latest update on the 28th January:

- £646.8m or 61% has been invested in London;

- £130.5m or 12% has been invested in the South East

- £30.6m or 3% has been invested in Yorkshire and the Humber

The Future Fund uses a set of standard terms with published eligibility criteria. Applications that meet all the eligibility criteria receive investment, irrespective of location.

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