The British Business Bank’s Small Business Finance Markets 2022/23 report shows that London remained a hotspot for UK equity investment in 2022. London’s smaller businesses received 52% of all UK equity deals during the first three quarters of the year, accounting for 61% of total UK equity investment. Across the UK, £35.5bn of bank lending came from challenger and specialist banks in 2022, with a total 55% share of the market. Gross bank lending increased by 12.8% in 2022, however net lending fell by £8.5bn in large part reflecting repayment of Covid loans. Read the full report below:
