British Business Bank

Alongside it, the value of tax advantage share auctions a growing company can give each employee doubles to £120,000 under a scheme called EMI2.

The British Business Bank, the state-owned development bank, gets £1.4 billion to put into venture funds and £450 million for a new venture debt product.

Lending that does not require founders to give up equity.

The government's sovereign AI unit, which invests in British AI companies, gets 140 million pounds more.

Chancellor John Healey's first budget last Wednesday raised taxes while keeping the planned current budget surplus by 2030, and it did not trigger the gilt market sell-off some investors had feared, with the 10-year UK gilt yield easing to 5.28% from 5.36%.

The Bank Corporation tax surcharge was temporarily doubled to 6% and £20.4 billion was committed to the National Wealth Fund and the British Business Bank.

Gas standing charges are to be scrapped for around 23 million households from 2027.

Data released in Nationwide's latest House Price Index shows showed annual house price growth slowing to 0.5% for the year to October from 0.8% in September, which the mortgage lender attributed to higher energy prices and mortgage costs.

Most private money buys control.

uk private capital's annual survey counted 58.7 billion pounds raised by british private equity and venture funds in 2025 of which 2 billion was venture capital the great bulk of the rest was raised by buyout funds which acquire established businesses not minority stakes in young ones and banks lend against things they can sell a company whose assets are software data and 62 people has little a bank can take the state has noticed on the 7th of september the british business bank committed up to 150 million pounds to a new northern scale-up fund whose stated purpose is to write checks of 5 to 15 million pounds because its existing northern powerhouse fund stops at 5 million Sheffield is in scope.

On Wednesday, the budget gave the bank £1.4 billion, more capacity to invest in equity funds, and £450 million to build a venture debt product for scale-ups.

The National Wealth Fund wrote the biggest cheque in Infinity's raise.

about 40 percent of the money goes to sales and marketing the american push first a quarter to engineering including the agentic product and the rest to operations working capital and a reserve put that fundraising against the list i just walked through Six million pounds is too large for the fund that backed the company at the start.

Below the recurring revenue line, a growth investor like BGF publishes the wrong shape for a buyout fund and the wrong collateral for a bank.

It is almost exactly the check the British Business Bank announced a fund to write in September.

Six weeks later, Intelliam had raised it conditionally on a public market from institutions whose job is to buy quoted shares.

Also, there's been a capital allowance tweaks, which hopefully might make it a little bit easier if you are purchasing new agritech or new equipment.

And the British Business Bank, more money, more capacity into the British Business Bank.

That's not specific for agritech, for all kind of innovative businesses.

So hopefully there's something in there that will please some people.

The first is that the Chancellor announced a 20 billion capital injection into public finances institutions from 2028 onwards.

That's things like the National Wealth Fund and the British Business Bank.

And these institutions use public money to provide loans, equity investments and guarantees to the private sector.

Now, that's spread across many years.