Written Question·Department for Business and Trade·UIN 85694

Bounce Back Loan Scheme: Hospitality Industry

Tabled: 28 October 2025

Answered: 3 November 2025

Named Day

Question

Gareth Thomas

To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of (a) pubs and (b) other hospitality businesses extending their Bounce Back Loans for (i) an additional five years beyond the current maximum limits

Answer

Kate Dearden

Pay As You Grow (PAYG) was introduced to give businesses that borrowed under the Bounce Back Loan Scheme (BBLS) greater flexibility, including extended repayment terms and short-term interest only payments. The Department’s multi-year published evaluation...

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