Rishi Sunak announces £150million fund for Scottish small businesses

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Rishi Sunak has announced a new £150 million fund to help thousands of small and medium-sized enterprises in Scotland. 

The fund will be delivered through the British Business Bank, working closely with local partners, and will help Scottish SMEs to invest and grow.

Scottish Conservative Shadow Finance and Economy Secretary Liz Smith, said: 

“The UK treasury’s £150million fund for small businesses in Scotland is fantastic news for our economic recovery.

“The UK Government’s furlough scheme helped to save hundreds of thousands of jobs during the pandemic. Now, this fund will help small businesses in Scotland to grow back even stronger.

“Small and medium-sized enterprises are a vital part of our economy, and this UK Government fund will put them at the heart of our recovery.”

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Rishi Sunak has announced a new £150 million fund to help thousands of small and medium-sized enterprises in Scotland. 

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