British Business Bank unveils new plan to boost UK small business finance

The British Business Bank (BBB) has set out a five-year plan in response to updated directions from the UK Government to alter how smaller businesses across the nation access finance. Following an increase in its permanent financial capacity to £25.6bn ($33.5bn) earlier this year, BBB will use its investment and banking businesses, along with its business development function, to implement several objectives over the next five years. Among its principal actions, BBB proposes to expand its annual funding ...