Global Trade Alert
Global Trade Alert

United Kingdom: British Business Bank commits GBP 45 million to Redrice Ventures for creative industries

Announcement

17 Feb 2026

In February 2026, the British Business Bank announced a cornerstone commitment of up to GBP 45 million (USD 61.36 million) to Redrice Ventures. This funding is intended to support the UK's creative industries.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Feb 2026

Revocation date:

No revocation date

Updated: 10 Mar 2026
Financial investment support In force

Recent update from 10 Mar 2026:

On 17 February 2026, the British Business Bank announced a cornerstone commitment of up to GBP 45 million (USD 61.36 million) to Redrice Ventures' targeted GBP 75 million Fund II. This funding woul...

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