Tagged: louis taylor

British Business Bank Introduces £70M Investment Fund for Northern Ireland

The British Business Bank launches a new £70million commitment to support smaller businesses from all sectors right across Northern Ireland. The Investment Fund for Northern Ireland (IFNI) aims “to drive sustainable economic growth by supporting innovation and creating local opportunities for new and scaling businesses… Read More

British Business Investments Posts Full Year Results

British Business Investments has posted full-year results for the period ending 31 March 2023.  In its ninth year of operation, British Business Investments reports aggregate commitments that now exceed £3.8 billion. The government-sponsored firm aims to improve access to alternative finance for smaller UK businesses…. Read More

British Business Bank Supports £12.4B of Finance via Core Programs

British Business Bank is supporting more than £12.4bn of finance through its core programs and meets its objectives, but “reports a loss for 2022/23 due to falls in market valuations.” Louis Taylor, CEO, British Business Bank, said: “The British Business Bank has continued to build… Read More

British Business Bank Hires New Risk Officer

The British Business Bank has hired a new risk officer. Established in November 2014, the Bank is the UK government’s economic development bank aiming to drive growth and prosperity. The British Business Bank has selected Chantal Geall as its new Chief Risk Officer (CRO), effective from… Read More

British Business Bank Seeks Proposals to Deliver Long-Term Investment for Technology and Science Initiative

The British Business Bank announced a Call for Proposals as part of the launch of the government’s Long-term Investment for Technology and Science (LIFTS) initiative. It seeks proposals from industry “for the establishment of new funds or investment structures to crowd in UK institutional investment,… Read More

British Business Bank Reports that Challenger, Specialist Bank Lending Hit £35.5 Billion in 2022

New British Business Bank research indicates that challenger and specialist banks provided £35.5 billion in lending during 2022. This means that challenger/specialist banks garnered a 55% share of the market. One would expect that many of these financing platforms are Fintechs. The data is part… Read More

Louis Taylor will Become British Business Bank CEO in October

Louis Taylor will take over the reins of the British Business Bank as its new CEO beginning on October 1, 2022. The Bank is the UK’s economic development bank. Taylor is currently CEO of UK Export Finance, the UK government’s export credit agency. Before joining… Read More

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