31 Oct 2019, 5 min read
The CBI welcomed the set-up in 2014 of the British Business Bank (BBB) – which has been a great success story for the UK economy and an institution that will continue to provide critical services to the future growth of this economy. The CBI is a strategic partner of its online finance hub and continue to work with the BBB and finance providers on the CBI campaign to make the UK the best place to start and grow a business.
Earlier this year the BBB launched its fifth annual report into small business finance markets which demonstrated clearly that:
- despite strong flows of finance for SMEs, many small businesses remain reluctant to use finance.
- Many high growth potential firms need access to appropriate equity finance
- There is a need to help viable firms across the UK to have access to finance that they need
When you put this into the context of the UK’s future competitiveness,
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