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United Kingdom · Question · Written question

UIN 73916

Bounce Back Loan Scheme and Coronavirus Business Interruption Loan Scheme

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

12 November 2021

Last action

22 November 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

22 November 2021

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, how the Government plans to account for future potential losses from Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme defaults according to his Department

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

Timeline

  1. 12 November 2021

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, how the Government plans to account for future potential losses from Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme defaults according to his Department

    Source: Commons

  2. 22 November 2021

    Answer

    Accounting provision for losses and potential future losses for the Coronavirus Business Interruption Loan Scheme and the Bounce Back Loan Scheme will be made in the Department’s 2020-21 Accounts, which will be published in due course.

    Source: Written answer

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