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 Democrat — Mid 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 ThomasThe 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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