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United Kingdom · Question · Written question

UIN 98756

Small Businesses: Finance

answeredUnited Kingdom· UK Parliament· EN

Introduced

10 December 2025

Last action

15 December 2025 · Answer

Status

Answered

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Discovery layer

Source updated

15 December 2025

Summary

To ask the Chancellor of the Exchequer, how she will notify SMEs that their bank is a designated bank under any scheme set up to ensure customers that are rejected for finance approval can be matched with alternatives who will offer support.

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Timeline

  1. 10 December 2025

    Written question

    To ask the Chancellor of the Exchequer, how she will notify SMEs that their bank is a designated bank under any scheme set up to ensure customers that are rejected for finance approval can be matched with alternatives who will offer support.

    Source: Commons

  2. 15 December 2025

    Answer

    The Bank Referral Scheme is an initiative dating back to 2014, which requires major lenders (designated banks) to refer SME customers that they reject for finance, with the SMEs’ permission, to finance platforms that can match the SME with alternative fin...

    Source: Written answer

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