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United Kingdom · Question · Written question

UIN 36660

Coronavirus Business Interruption Loan Scheme

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

20 July 2021

Last action

6 September 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

6 September 2021

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the implications for his policies of the profits made by banks and authorised lenders from providing finance under government covid-19 loan schemes.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 20 July 2021

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the implications for his policies of the profits made by banks and authorised lenders from providing finance under government covid-19 loan schemes.

    Source: Commons

  2. 6 September 2021

    Answer

    Under the rules of our guarantee schemes, accredited lenders are required to pass on to borrowers the benefit of the guarantee in their pricing, reflecting the reduced credit risk provided by the government guarantee. To provide further protection, under ...

    Source: Written answer

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