Treasury written question – answered at on 18 February 2019.
To ask the Chancellor of the Exchequer, how much funding has been allocated to the provision of interest-free loans as announced in Budget 2018; and when the first such loans will be made available.
At Budget 2018, the Government announced that it will carry out a study into the feasibility of establishing a no-interest loans scheme in the UK, and design a pilot.
The feasibility study, which will be launched this year, will examine issues such as access, eligibility and funding models and help to determine how a pilot could work.
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