Written Question·Department for Business and Trade·UIN 3447
Bounce Back Loan Scheme
Tabled: 30 August 2024
Answered: 13 September 2024
Question
Rupert Lowe
Restore Britain — Great Yarmouth
To ask the Secretary of State for Business and Trade, what the cost to the public purse was of the Bounce Back Loans scheme; what proportion of the loans have been (a) returned and (b) written off; and whether all data related to the scheme has been recor
Answer
Gareth ThomasBusinesses have drawn a total of £46.59 billion under the Bounce Back Loan Scheme. 12.97% of facilities by volume have been repaid and 59.44% of facilities by volume are on schedule. 19.77% of facilities by volume have been settled under the Government gu...
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