United Kingdom · Question · Written question
UIN 71691
Companies: Coronavirus
Original
Introduced
9 July 2020
Last action
17 July 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
17 July 2020
Summary
To ask the Chancellor of the Exchequer, what the timescale is for loans provided to companies bailed out through Project Birch to be converted into shares; and what conditions the Government plans to attach to such conversions into shares.
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Timeline
9 July 2020
Written question
To ask the Chancellor of the Exchequer, what the timescale is for loans provided to companies bailed out through Project Birch to be converted into shares; and what conditions the Government plans to attach to such conversions into shares.
Source: Commons
17 July 2020
Answer
As part of its normal operations the government has always considered providing support to strategically important companies that can reasonably be expected to have a long-term viable future, and whose failure or distress could cause disproportionate harm...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-07-09/71691
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1222604
- uk · wq-1222604 · source updated 17 July 2020