Covid-19: Strategy

Part of the debate – in the House of Commons at 3:44 pm on 11th May 2020.

Alert me about debates like this

Photo of Boris Johnson Boris Johnson The Prime Minister, Leader of the Conservative Party 3:44 pm, 11th May 2020

I thank my hon. Friend for that question and perhaps I anticipated it by pointing out that the bounce-back scheme for loans of £50,000 has already paid out £5 billion. I am given to understand that some businesses that applied for the bounce-back loan got the cash in their accounts on the same day.