Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

Business: North East

Treasury written question – answered on 10th September 2013.

Alert me about debates like this

Photo of Kevan Jones Kevan Jones Shadow Minister (Defence)

To ask the Chancellor of the Exchequer

(1) how many new loans have been made to small businesses in the North East of England through the Funding for Lending Scheme; and which participating bank or building society has provided each such loan;

(2) what small and micro businesses in the North East have received loans through the Funding for Lending Scheme; and which banks and building societies are providing such loans.

Photo of Greg Clark Greg Clark The Financial Secretary to the Treasury

The Funding for Lending Scheme has contributed to a transformation of the bank funding environment and banks are now passing these on to the real economy including to small businesses.

As part of the monitoring of the Funding for Lending Scheme, the Bank of England publishes the net lending data of individual banks on a quarterly basis. A regional breakdown is however unavailable. The Bank of England will publish net lending figures by sector once the extension begins.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.