United Kingdom · Question · Written question
UIN 60192
Bounce Back Loan Scheme and Coronavirus Business Interruption Loan Scheme
Introduced
10 October 2022
Last action
18 October 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
18 October 2022
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has made a recent assessment of the potential impact of rising interest rates on the viability of loans made through the (a) Coronavirus Business Interrupti
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Timeline
10 October 2022
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has made a recent assessment of the potential impact of rising interest rates on the viability of loans made through the (a) Coronavirus Business Interrupti
Source: Commons
18 October 2022
Answer
For facilities provided under the Coronavirus Business Interruption Loan Scheme (CBILS), interest rates will depend on the specific loan agreements between a borrower and their lender. As with a bank’s normal commercial lending, borrowers on a variable in...
Source: Written answer
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Sponsors
- · Department for Business, Energy and Industrial Strategy · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-10-10/60192
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1519637
- uk · wq-1519637 · source updated 18 October 2022