Covid-19: Economic Package

Part of the debate – in the House of Commons at 12:32 pm on 12th May 2020.

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Photo of Saqib Bhatti Saqib Bhatti Conservative, Meriden 12:32 pm, 12th May 2020

Time and again, the Chancellor has stepped up to ensure that our businesses have what they need to get through this difficult period, and I welcome the measures announced today. The bounce- back loan scheme is another example of the unprecedented interventions that the Chancellor has made and this has been unequivocally welcomed by organisations such as the Federation of Small Businesses. Can my right hon. Friend confirm that work is continuing to be done to ensure that we increase the number of accredited lenders that provide bounce-back loans so that we can make sure we are getting funds to those businesses that need them, wherever they may be?