British Business Bank posts second straight loss as tech valuations struggle August 8, 2024 State-owned lender the British Business Bank has recorded a second straight annual loss as a decline in start-up valuations weighed on its financial performance.
13books Capital raises £121m for fintech venture capital fund July 17, 2024 13books Capital focuses on early-stage fintech companies catering to the increasing digitisation of the financial services industry.
UK surpasses India as world’s third-largest venture capital market July 11, 2024 The UK has leapfrogged India to become the world's third-biggest venture capital market, new figures show, as analysts forecast a return to growth after a drop-off in investment and dealmaking in recent years.
Chancellor to launch £7.3bn national wealth fund to ‘unlock investment’ July 9, 2024 Chancellor Rachel Reeves will launch a national wealth fund with £7.3bn of state funding to “unlock investment” in UK growth industries.
British Patient Capital invests £90m London biotech company July 8, 2024 British Patient Capital recently also invested £10m into biotech firm Curve Therapeutics to support its cancer drug discovery technology.
Why pension trustees need to embrace a ‘win-win’ and back British firms May 16, 2024 Pension trustees must embrace a “win-win” and begin backing Britain’s homegrown tech companies if younger Brits are to retire with comfortable pension pots, the founding chief of the British Business Bank has warned.
British Patient Capital invests over £40m to boost UK cyber security firms April 25, 2024 The UK's cyber security industry is currently in high demand due to a rise in attacks, especially on businesses and high-income charities.
Mercia wins additional British Business Bank contracts to boost growth in Yorkshire and the Humber March 21, 2024 London-based asset manager Mercia has won two more regional investment fund mandates from the British Business Bank.
British Business Bank launches sequel to billion pound Northern Powerhouse fund March 21, 2024 A new fund aiming to invest £660m in companies across the North of England has been launched by the British Business Bank.
Mercia AM secures £207m in British Business Bank contracts for Midlands investments February 29, 2024 The specialist asset manager will be managing the Midlands Engine Investment II funds, after winning the procurement process.