UK institutions and system
British Business Bank
What it examines
Assesses the Bank’s role in improving SME access to finance and its preparedness for future challenges. The NAO finds positive evidence of business growth but identifies gaps in cost-effectiveness evidence and the need to strengthen governance as the Bank expands.
Why it matters
Provides an independent institutional assessment against which subsequent BBB expansion can be understood.
Institutions and themes
Catalogue entry reviewed 17 September 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.