Correspondence

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.

• From: HM Treasury
• Published: 28 October 2026

Documents

Government letter to the British Business Bank

PDF, 185 KB, 2 pages

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

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.