Catalogue description British Business Bank Website
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Reference: | BIS 134 |
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Title: | British Business Bank Website |
Description: |
This series contains dated gathered versions (or 'snapshots') of the British Business Bank website. [Please note: These records may be accessed via the UK Government Web Archive]. |
Date: | From 2013 |
Arrangement: |
Please see information at Divisional level. |
Related material: |
See also BIS 154 |
Held by: | The National Archives, Kew |
Legal status: | Public Record(s) |
Language: | English |
Creator: |
British Business Bank plc, 2013- Department for Business, Innovation and Skills, 2009-2016 |
Physical description: | archived website(s) |
Access conditions: | Open |
Immediate source of acquisition: |
Gathered from original website. |
Accruals: | Future website versions may be anticipated. |
Administrative / biographical background: |
British Business Bank plc is a state-owned economic development bank established by the UK Government. It is structured as a public limited company and is owned by the Department for Business, Innovation and Skills (BIS). The bank has taken on all financial schemes previously controlled by Capital for Enterprise Limited (CfEL) and is based in Sheffield. From 1 October 2013, CfEL, the small and medium enterprises (SME) policy teams of BIS, and private sector expertise were brought together within BIS to start the British Business Bank programme. On 2 December 2013, Nick Clegg, the Deputy Prime Minister, announced that the bank would be based in Sheffield, as well confirming an extra £250m of government funding. On 15 October 2014, the bank was granted state aid clearance from the EU Commission and the programme was subsequently transferred from BIS to the British Business Bank plc on 1 November 2014. |
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