Budget & Policy

Government letter to the British Business Bank

Letter setting out a strategic steer to the British Business Bank following a £2 billion funding uplift at Budget 2026.

HTHM Treasury1 min read

A letter from the Chancellor and Business and Trade Secretary to the British Business Bank setting out the government’s priorities following a £2 billion funding uplift at Budget. It asks the Bank to sharpen the focus of its investment activity on regional growth, reindustrialisation, and the UK’s security and strategic capabilities. Up to £900 million is expected to support defence and dual-use technologies.

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Source: HM TreasuryContains public sector information licensed under the Open Government Licence v3.0.
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