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British Business Bank says ‘social benefit’ is excessive because it swings to yearly loss

The Government-owned British Business Bank has mentioned UK taxpayers will really feel the long-term advantages of plugging billions of kilos into small corporations after revealing it swung to a lack of greater than £147 million final 12 months.The UK’s financial growth financial institution mentioned...

Government-funded mortgage scheme hits £1bn lending as 40% goes to feminine founders

A Government-backed loans scheme has hit £1 billion value of lending, with greater than half the funding going to small companies run by ladies and ethnic minorities.The British Business Bank’s (BBB) Start Up Loans programme stated it has lent greater than £9,500 on common...