| Heading: |
Science and Technology: Investment |
| Question ID: |
1807865 |
| UIN: |
HL7962 |
| House: |
Lords |
| Date tabled: |
2025-06-02 |
| Asking Member ID: |
4270 |
| Asking Member display name: |
Lord Nash
|
| Asking Member handle: |
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| Asking Member Twitter reference: |
Lord Nash
|
| Member interest: |
false |
| Question text: |
To ask His Majesty's Government how much of the £250 million of public capital committed under the Long-term Investment for Technology and Science (LIFTS) initiative has been (1) drawn down to date, and (2) deployed to portfolio companies; whether any LIF |
| Is named day: |
false |
| Date of holding answer: |
|
| Date answered: |
2025-06-16 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
3792 |
| Answering Member display name: |
Baroness Jones of Whitchurch
|
| Answering Member handle: |
WhitchurchGirl
|
| Answering Member Twitter reference: |
@WhitchurchGirl
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
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| Answer text: |
In November 2024, the British Business Bank announced it had completed its £250m investment alongside Phoenix Group with Schroders Capital under the Long-Term Investment for Technology and Science (LIFTS) initiative.This was matched by £250m of pension in... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
214 |
| Answering body name: |
Department for Business and Trade |
| Tweeted: |
true |