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Coronavirus Business Interruption Loan Scheme - Question

Part of the debate – in the House of Lords at 11:24 am on 12th May 2020.

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Photo of Lord Callanan Lord Callanan Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy) 11:24 am, 12th May 2020

As I said in an earlier answer, a huge number of loans have been approved—160,000 in the first three days of the scheme—so I am afraid that many small businesses do not agree with the noble Baroness.