British Business Investments made a record £473m in investments

More than £3bn since launch

British Business Investments (BBI) made a record £473m in investments via its delivery partners in the 12 months ending 31 March 2021, bringing the total value of its commitments since launch to over £3bn.

The wholly-owned commercial subsidiary of British Business Bank now supports almost 30,000 smaller businesses across the UK, 85% of which are outside of London, according to its annual report and accounts for 2020/21. Judith Hartley, CEO of British Business Investments, said: "We are pleased to report a strong performance by British Business Investments during 2020/21 and a record year in terms of a number of new commitments and diversification of our portfolio. We have continued to make commitments throughout the pandemic, as we wanted to help ensure the UK's smaller businesses could co...