Louis Taylor
Chief executive of the British Business Bank.
Louis Taylor, chief executive of the British Business Bank, proposed a £100m debt fund for UK aerospace suppliers on Monday 20 July 2026, unveiled at the Farnborough International Airshow.
Last refreshed: 22 July 2026 · Appears in 1 active topic
Why is the state development bank proposing a £100m fund just for aerospace suppliers?
Timeline for Louis Taylor
Announced the fund at Farnborough
UK Startups and Innovation: Bank proposes £100m aerospace debt fundBackground
Taylor put the £100m proposal to the Farnborough International Airshow floor on 20 July 2026, shaped in partnership with three of the sector's biggest manufacturers, Airbus, Rolls-Royce and GKN Aerospace, alongside trade body ADS.
As chief executive of the British Business Bank, the government-owned finance institution founded in 2014 to widen smaller firms' access to credit, Taylor oversees a mandate that has grown from start-up loans and regional funds into sector-specific vehicles for industrial supply chains.
The proposal responds to a financing gap facing aerospace suppliers under pressure from rising input costs and long production cycles; drawing in three of the industry's largest manufacturers signals an attempt to de-risk the supply chain collectively rather than leaving individual suppliers to negotiate financing alone.
