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British Business Bank

Small and medium-sized enterprises (SMEs) play a major role in the economy but sometimes have problems accessing finance. British Business Bank, which launched in 2014, supports SMEs in accessing finance to start and grow their businesses.

The study will test whether the British Business Bank is optimally delivering access to finance for small and medium-sized enterprises and is well prepared for future challenges. We will examine its performance to date, and we will follow-up our previous recommendations on similar government interventions. We will also look at the British Business Bank’s governance arrangements in light of its expansion over time, and its preparedness for future challenges, such as EU exit.

If you would like to provide evidence for our study, please email the study team on enquiries@nao.org.uk putting the study title (British Business Bank) in the subject line. The team will consider the evidence you provide; however, please note that due to the volume of information we receive we may not respond to you directly. If you need to raise a concern please use our contact form.