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Why is the UK investing in £6.45bn Kraken when it doesn’t want public cash? | Nils Pratley

greater by greater
January 22, 2026
Reading Time: 3 mins read
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Why is the UK investing in £6.45bn Kraken when it doesn’t want public cash? | Nils Pratley


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The state-owned multi-tentacled British Enterprise Financial institution has by no means been a easy organisation to grasp, however no less than one may vaguely grasp its meant function in life. “Our mission is to drive financial progress by serving to smaller companies get the finance they should begin, scale and keep within the UK,” declares its web site.

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