Government letter to the British Business Bank
What was announced
Letter setting out a strategic steer to the British Business Bank following a £2 billion funding uplift at Budget 2026.
Key points, in the publisher's words
- 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.
Figures in this announcement
Each line is quoted from the original. Figures are as the publisher stated them on the day.
- “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.”
- “Up to £900 million is expected to support defence and dual-use technologies.”
Who and where
UK bodies of power
- HM Treasury (UK government department) · more news
- British Business Bank (other) · more news
Where this sits in the 10 levels of power
Topics, as GOV.UK files them: Business and industry.
Receipt
- Original: https://www.gov.uk/government/publications/government-letter-to-the-british-business-bank
- Published 2026-10-28 13:30:26 UTC
- Read by this site 2026-10-28 13:45:30 UTC from GOV.UK
- Saved copy: receipt 3736, with its SHA-256 fingerprint
Contains public sector information licensed under the Open Government Licence v3.0.
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