The Telegraph reports on establishment of BGF
As Sir Nigel Rudd launches BGF, the Daily Telegraph’s Andrew Cave meets with Sir Nigel and Stephen Welton. BGF, set up by Britain’s top six banks and chaired by Sir Nigel, will have £2.5bn of capital to invest in small and medium-sized firms. The pair discuss the origins of the company as they seek to fill a gap in the market in which banks have traditionally not been good individually at investing long-term in equity in smaller businesses.
Business funding news
BGF invests £30 million in Yorkshire and North East in active H1
BGF has invested £30 million in Yorkshire and the North East in the first half of 2021, cementing its commitment…
BGF sees business confidence grow in 2021 with close to £33m invested in Scottish firms so far
Throughout the last six months, the investment team for Scotland has invested close to £33 million across 10 Scottish growth…