British Business Bank publishes Nations and Regions tracker report

The British Business Bank’s third annual Nations and Regions Tracker, published last week, finds the use of external finance among smaller businesses is showing signs of recovery in early 2023, after a decline in most UK Nations and regions in 2022.

Key findings for Scotland:

• Edinburgh top for innovation in the UK beyond the ‘Golden Triangle’
• Glasgow and Aberdeen take second and third for share of equity investment in tech businesses secured by spinouts.

Nations and Regions Tracker. Small Business Finance Markets 2023