Creative Industries: Loans

House of Lords written question – answered on 4th July 2012.

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Photo of Lord Cotter Lord Cotter Liberal Democrat

To ask Her Majesty's Government what proportion of small and medium-sized enterprises in the creative industries they envisage will access finance under the economic stimulus package announced on 15 June.

Photo of Lord Sassoon Lord Sassoon The Commercial Secretary to the Treasury

The Bank of England and the Treasury are working together on the design of the scheme. Further details will be released in the coming weeks, but the scheme is not intended to be targeted at particular sectors of the UK non-financial economy.

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