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tabling member printed	Chi Onwurah
answer › question first answered	2023-03-23T15:47:19.827Z
min answer › date of answer	2019-06-18
min answer › question first answered	2021-01-21T08:25:19.313Z
tabling member constituency	Newcastle upon Tyne Central

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1604981

registered interest

date

16/03/2023

answering body

Department for Business and Trade

answering dept id

214

answering dept short name

Business and Trade

answering dept sort name

Business and Trade

hansard heading

British Patient Capital

house id

legislature

25259

pref label	House of Commons

question text

To ask the Secretary of State for Business and Trade, with reference to paragraph 4.114 of the Spring Budget 2023, HC1183, published on 15 March 2023, how much (a) new and (b) total funding has been allocated for British Patient Capital each financial year for the next five years.

tabling member constituency

Newcastle upon Tyne Central

tabling member printed

Chi Onwurah

uin

167104

answer

is ministerial correction

date of answer

23/03/2023

answer text

<p>British Patient Capital (BPC) was created in 2018 following the Patient Capital Review, and allocated £2.5 billion to invest over the ten years to 2028/29. In July 2021, it was allocated a further £375m to deliver the Future Fund: Breakthrough programme and £200m to deliver the Life Sciences Investment Programme (LSIP). As at 31 March 2022, total value of all commitments and co-investments reached £1.6bn across 61 fund commitments, four co-investments from BPC’s Core programme, and five Future Fund: Breakthrough deals. At Spring Budget 2023, BPC’s mandate was extended until 2033/34.</p>

answering member constituency

Thirsk and Malton

answering member printed

Kevin Hollinrake

question first answered

23/03/2023 15:47:19

answering member

4474

label	Biography information for Kevin Hollinrake

tabling member

4124

label	Biography information for Chi Onwurah