Brussels, 16/10/2014 (Agence Europe) - On Wednesday 15 October, the European Commission authorised UK plans for setting up the British Business Bank (BBB), an integrated entity for managing SME access to finance programmes in the United Kingdom. The BBB will consist of three subsidiaries, the 'Mandated Arm', the 'Service Arm' and the 'Commercial Arm'. The Commission has authorised the United Kingdom to finance the 'Mandated Arm' of the BBB at a maximum level of £6 billion (around €7.6...