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United Kingdom · Question · Written question

UIN 41870

Small Businesses: Coronavirus

answeredUnited Kingdom· UK Parliament· EN

Introduced

1 May 2020

Last action

11 May 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

11 May 2020

Summary

To ask the Chancellor of the Exchequer, if he will increase the Government's financial support for (a) self employed and (b) small businesses during the covid-19 lockdown.

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Timeline

  1. 1 May 2020

    Written question

    To ask the Chancellor of the Exchequer, if he will increase the Government's financial support for (a) self employed and (b) small businesses during the covid-19 lockdown.

    Source: Commons

  2. 11 May 2020

    Answer

    On April 27 the Government announced the new Bounce Back Loans (BBL) Scheme, which will ensure that the smallest businesses can access loans in a matter of just days. These loans will be from £2,000 up to £50,000, capped at 25% of firms’ turnover. The Gov...

    Source: Written answer

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