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818704

registered interest
date	08/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	British Business Bank: Loans
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how much loan funding was provided by the British Business Bank by NUTS 1 region in each year since 2013-14.
tabling member constituency	Kingston upon Hull North
tabling member printed	Diana Johnson
uin	121468
answer	answer is ministerial correction date of answer 11/01/2018 answer text <p>The British Business Bank provides funds and guarantees to private sector partners, enabling them to finance a greater number of smaller businesses (either through debt or equity).</p><p> </p><p>Additionally the Bank delivers a number of regional funds including Northern Powerhouse Investment Fund and Midlands Engine Investment Fund, and anticipates the launch of Cornwall &amp; Isles of Scilly Fund in Spring 2018. These funds include a mixture of debt and equity funding.</p><p> </p><p>The following tables shows figures for debt programmes for each FY since 2013/14:</p><p> </p><table><tbody><tr><td colspan="6"><p><strong>BBB flow of debt funding by FY*</strong></p></td></tr><tr><td><p> </p></td></tr><tr><td><p> </p></td><td><p> </p></td><td><p><strong>FY 2013/14</strong></p></td><td><p><strong>FY 2014/15</strong></p></td><td><p><strong>FY 2015/16</strong></p></td><td><p><strong>FY 2016/17</strong></p></td></tr><tr><td><p> </p></td><td><p>East Midlands</p></td><td><p>72,386,366</p></td><td><p>140,250,914</p></td><td><p>308,530,985</p></td><td><p>183,988,271</p></td></tr><tr><td><p> </p></td><td><p>East of England</p></td><td><p>143,190,179</p></td><td><p>55,802,099</p></td><td><p>424,220,179</p></td><td><p>400,741,313</p></td></tr><tr><td><p> </p></td><td><p>London</p></td><td><p>1,038,250,763</p></td><td><p>776,330,176</p></td><td><p>1,038,618,734</p></td><td><p>1,670,112,945</p></td></tr><tr><td><p> </p></td><td><p>North East</p></td><td><p>193,138,738</p></td><td><p>37,732,958</p></td><td><p>43,427,554</p></td><td><p>218,883,429</p></td></tr><tr><td><p> </p></td><td><p>North West</p></td><td><p>201,053,761</p></td><td><p>351,155,990</p></td><td><p>430,621,254</p></td><td><p>326,036,311</p></td></tr><tr><td><p> </p></td><td><p>South East</p></td><td><p>341,467,807</p></td><td><p>609,890,567</p></td><td><p>701,148,582</p></td><td><p>377,032,104</p></td></tr><tr><td><p> </p></td><td><p>South West</p></td><td><p>141,141,660</p></td><td><p>70,948,681</p></td><td><p>180,186,344</p></td><td><p>232,027,294</p></td></tr><tr><td><p> </p></td><td><p>West Midlands</p></td><td><p>146,797,170</p></td><td><p>229,676,477</p></td><td><p>243,970,679</p></td><td><p>347,596,847</p></td></tr><tr><td><p> </p></td><td><p>Yorkshire and Humber</p></td><td><p>450,408,230</p></td><td><p>189,189,923</p></td><td><p>561,138,552</p></td><td><p>319,446,648</p></td></tr><tr><td><p>CTD</p></td><td colspan="5"><p><strong>Devolved Admins and Other</strong></p></td></tr><tr><td><p> </p></td><td><p> </p></td><td><p><strong>FY 2013/14</strong></p></td><td><p><strong>FY 2014/15</strong></p></td><td><p><strong>FY 2015/16</strong></p></td><td><p><strong>FY 2016/17</strong></p></td></tr><tr><td><p> </p></td><td><p>Scotland</p></td><td><p>90,299,306</p></td><td><p>55,354,003</p></td><td><p>65,638,590</p></td><td><p>244,079,333</p></td></tr><tr><td><p> </p></td><td><p>Wales</p></td><td><p>25,764,981</p></td><td><p>40,634,299</p></td><td><p>227,020,046</p></td><td><p>83,795,193</p></td></tr><tr><td><p> </p></td><td><p>Northern Ireland</p></td><td><p>8,057,260</p></td><td><p>11,916,650</p></td><td><p>14,704,296</p></td><td><p>15,588,272</p></td></tr><tr><td><p> </p></td><td><p>Not Available</p></td><td><p>1,559,500</p></td><td><p>3,155,090</p></td><td><p>180,514,809</p></td><td><p>36,264,010</p></td></tr><tr><td><p> </p></td><td><p><strong>Total </strong></p></td><td><p><strong>2,853,515,720</strong></p></td><td><p><strong>2,572,037,827</strong></p></td><td><p><strong>4,419,740,604</strong></p></td><td><p><strong>4,455,591,970</strong></p></td></tr><tr><td><p> </p></td></tr><tr><td><p> </p></td><td colspan="5"><p>* Includes all Investment programme figures for each FY, which will include equity funding.</p></td></tr><tr><td><p> </p></td><td colspan="5"><p> </p></td></tr><tr><td><p> </p></td><td colspan="5"><p>* Figures included from the following programmes: Enterprise Finance Guarantee, H2G, Investment Programme and ENABLE programmes</p></td></tr><tr><td><p> </p></td><td colspan="5"><p> </p></td></tr><tr><td><p> </p></td><td colspan="5"><p>* The SUL programme is included on a separate tab as the Bank is unable to produce figures matching NUTS1 boundaries</p></td></tr></tbody></table><p> </p><table><tbody><tr><td colspan="5"><p>STARTUP LOAN CO. flow of lending by FY*</p></td></tr><tr><td><p> </p></td><td><p><strong>FY 2013/14</strong></p></td><td><p><strong>FY 2014/15</strong></p></td><td><p><strong>FY 2015/16</strong></p></td><td><p><strong>FY 2016/17</strong></p></td></tr><tr><td><p>East Midlands</p></td><td><p>3.99</p></td><td><p>3.24</p></td><td><p>3.65</p></td><td><p>5.00</p></td></tr><tr><td><p>East of England</p></td><td><p>4.09</p></td><td><p>4.17</p></td><td><p>3.86</p></td><td><p>6.28</p></td></tr><tr><td><p>London</p></td><td><p>24.36</p></td><td><p>16.13</p></td><td><p>15.10</p></td><td><p>20.17</p></td></tr><tr><td><p>North East</p></td><td><p>3.27</p></td><td><p>2.85</p></td><td><p>3.33</p></td><td><p>4.89</p></td></tr><tr><td><p>North West</p></td><td><p>10.63</p></td><td><p>7.65</p></td><td><p>6.13</p></td><td><p>9.55</p></td></tr><tr><td><p>South East</p></td><td><p>6.20</p></td><td><p>6.06</p></td><td><p>5.59</p></td><td><p>8.45</p></td></tr><tr><td><p>South West</p></td><td><p>4.05</p></td><td><p>6.21</p></td><td><p>6.03</p></td><td><p>8.24</p></td></tr><tr><td><p>West Midlands</p></td><td><p>5.25</p></td><td><p>5.74</p></td><td><p>5.79</p></td><td><p>7.94</p></td></tr><tr><td><p>Yorkshire and Humber</p></td><td><p>5.50</p></td><td><p>5.20</p></td><td><p>5.75</p></td><td><p>8.31</p></td></tr><tr><td><p>Scotland</p></td><td><p>0.85</p></td><td><p>4.04</p></td><td><p>3.98</p></td><td><p>6.16</p></td></tr><tr><td><p>Wales</p></td><td><p>1.29</p></td><td><p>4.05</p></td><td><p>3.87</p></td><td><p>4.77</p></td></tr><tr><td><p>Northern Ireland</p></td><td><p>0.35</p></td><td><p>1.19</p></td><td><p>1.05</p></td><td><p>1.48</p></td></tr><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p><strong>Total </strong></p></td><td><p><strong>69.84</strong></p></td><td><p><strong>66.53</strong></p></td><td><p><strong>64.11</strong></p></td><td><p><strong>91.25</strong></p></td></tr><tr><td colspan="5"><p>* the geographical boundaries used to report lending in this table differ slightly from the NUTS1 definition.</p></td></tr></tbody></table><p> </p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 11/01/2018 15:54:24 answering member 3936 label Biography information for Andrew Griffiths
tabling member	1533 label Biography information for Dame Diana Johnson

818705

registered interest
date	08/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	British Business Bank: Staff
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many full time equivelent staff are employed by the British Business Bank in each NUTS 1 region.
tabling member constituency	Kingston upon Hull North
tabling member printed	Diana Johnson
uin	121469
answer	answer is ministerial correction date of answer 11/01/2018 answer text <p>As at January 2018, the British Business Bank has 229 FTE employees in the Yorkshire and Humber, and London NUTS1 regions – 80 in Yorkshire and Humber; and 149 in London. This includes figures for SULCo, who merged with the Business Bank on 1st April 2017.</p><p> </p><p>As noted in the Industrial Strategy White Paper, British Business Bank are rolling out a network of regional managers by autumn 2018 to ensure businesses across the UK know how to access sources of investment. The network will cover England, Scotland, Wales and Northern Ireland, with managers responding to a region’s particular needs and acting as convenors to improve collaboration, sharing of expertise and the creation of networks of private and public partners.</p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 11/01/2018 15:48:37 answering member 3936 label Biography information for Andrew Griffiths
tabling member	1533 label Biography information for Dame Diana Johnson

818719

registered interest
date	08/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Regional Planning and Development
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to page 132 of the Industrial Strategy, published in November 2017, what the process will be for the Government to take greater account of disparities between productivity and economic opportunity between different places when making future investment decisions.
tabling member constituency	Kingston upon Hull North
tabling member printed	Diana Johnson
uin	121483
answer	answer is ministerial correction date of answer 16/01/2018 answer text <p>The Government’s ambitious, modern Industrial Strategy sets out a long term plan to boost the productivity and earning power of people throughout the UK. We are committed to providing high quality infrastructure to support economic growth and prosperity across all regions of the country, and our approach to major investments will reflect this. While cost-benefit analysis will remain central to our decision-making, we will also make use of broad-based and dynamic assessment techniques that reflect the full potential for infrastructure to support local economies.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 16/01/2018 11:54:19 answering member 3936 label Biography information for Andrew Griffiths
tabling member	1533 label Biography information for Dame Diana Johnson