Business: North Yorkshire

Treasury written question – answered on 12th September 2013.

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Photo of Andrew Jones Andrew Jones Conservative, Harrogate and Knaresborough

To ask the Chancellor of the Exchequer how many loans have been provided to small and medium-sized enterprises in North Yorkshire as a result of the funding for lending scheme.

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.

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