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Insider UK

Business

Peter A Walker

British Business Bank CEO pledges £150m fund 'won't just target the central belt'

British Business Bank Louis Taylor Scotland Scottish Enterprise

Interest in the British Business Bank's new £150m investment fund for Scotland has been strong, with "plenty of submissions" from fund managers wanting to operate parts of it.

Chief executive Louis Taylor was in Edinburgh yesterday to meet with government officials and representatives from Scottish Enterprise and the Scottish National Investment Bank (SNIB), among others.

Speaking to Insider, he said that market engagement has been strong, ahead of today's deadline, with asset managers appointed in the spring ahead of a summer launch.

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