Written Question·Department for Business and Trade·UIN 27044

Bounce Back Loan Scheme

Tabled: 28 January 2025
Answered: 3 February 2025

Question

Susan Murray

Liberal DemocratMid Dunbartonshire

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the effectiveness of the bounce back loan scheme implemented during the Covid-19 pandemic; and what assessment he has made of trends in the level of repayment

Answer

Gareth Thomas
The British Business Bank is undertaking a multi-year evaluation of the Covid-19 loan schemes, looking at whether the schemes met their objectives. The Year 2 evaluation report was published in November 2023 and shows that the schemes met their primary ob...

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