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Written question asked by Ben Obese-Jecty (Conservative) on Tuesday, 2 September 2025, in the House of Commons. It was due for an answer on Thursday, 4 September 2025. It was answered by Blair McDougall (Labour) on Friday, 12 September 2025 on behalf of the Department for Business and Trade.


Investment: Huntingdon

Question

To ask the Secretary of State for Business and Trade, with reference to the UK’s Modern Industrial Strategy, CP 1337, published on 23 June 2025, how much of the £350 million Nations and Regions investment fund will be spent in Huntingdon constituency.

Answer

The British Business Bank is committing £2.6bn to drive growth of smaller businesses across the UK’s Nations and Regions. This includes £350 million for two new Investment Funds in East and South-East England to address finance gaps outside traditional hotspots and provide targeted equity and debt finance to growing businesses.

The breakdown of finance allocated to these regions has not yet been announced. The Funds do not include constituency-level allocations, but as with other Nations and Regions Funds, deployment targets will be set at sub-regional level to ensure an equitable spread of finance.


Secondary information

Type
Written question
Reference
74183
Session
2024-26
Related items
The UK’s Modern Industrial Strategy
Monday, 23 June 2025
Command papers
House of Commons
House of Lords
Subjects
Investment Huntingdon
Contains statistics
Yes
Link
View this Written question on www.parliament.uk