Written Question·Department for Business and Trade·UIN 111074

Business: Loans

Tabled: 4 February 2026
Answered: 10 February 2026

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Secretary of State for Business and Trade, with reference to his Department’s press release entitled UK lenders step up with £11 billion push to back British businesses, published on 26 January 2026, what assessment he has made of the level of

Answer

Chris Bryant
The lending commitment facility is not time limited. We have not made a formal assessment of how much of the lending commitment is expected to be drawn down in each financial year. The support that the participating banks can offer to businesses hoping to...
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