Coronavirus Business Interruption Loan Scheme: Fisheries

Department for Business, Energy and Industrial Strategy written question – answered on 29th April 2020.

Alert me about debates like this

Photo of Stephanie Peacock Stephanie Peacock Shadow Minister (Environment, Food and Rural Affairs)

To ask the Secretary of State for Business, Energy and Industrial Strategy how many loans have been granted to fishing and aquaculture companies under the Government's Coronavirus Business Interruption Loans Scheme.

Photo of Paul Scully Paul Scully Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy), Minister of State (London)

As of 22 April, over £2.8bn worth of loans have been issued under the Coronavirus Business Interruption Loan Scheme across all sectors, to over 16,600 businesses. At this time we cannot provide a breakdown of funding by sector, as we have given lenders a temporary dispensation from uploading their data to the British Business Bank’s system in order to let them focus on issuing new loans. This is a pragmatic step that reflects the urgency of getting loans issued. We are working with the British Business Bank, HM Treasury and lenders on regular and transparent data publication going forward.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

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