Lockdown: Economic Support

Part of the debate – in the House of Commons at 12:39 pm on 3rd November 2020.

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Photo of Kevin Hollinrake Kevin Hollinrake Conservative, Thirsk and Malton 12:39 pm, 3rd November 2020

I draw the House’s attention to my entry in the Register of Members’ Financial Interests.

I welcome the extension to the coronavirus loan schemes and the ability to top up bounce back loans. Can my right hon. Friend confirm that that ability to top up loans also applies to the coronavirus business interruption loan scheme? Will he also look at bounce back loans for customers of non-bank lenders? According to research by the all-party parliamentary group on fair business banking, which I chair, around 250,000 businesses currently bank with non-bank lenders who do not have access to these schemes because they do not get access to the Bank of England term funding scheme. Will he look at that problem?