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Written question asked by Esther McVey (Conservative) on Tuesday, 14 July 2026, in the House of Commons. It was due for an answer on Thursday, 16 July 2026. It was answered by Blair McDougall (Labour) on Monday, 20 July 2026 on behalf of the Department for Business and Trade.


New Businesses: Government Assistance

Question

To ask the Secretary of State for Business and Trade, whether the Government has analysed companies incorporated during the pandemic against recipients of Bounce Back Loans and other Covid support schemes.

Answer

HM Government has analysed the Bounce Back Loan Scheme (BBLS) portfolio for indicators that borrowers received loans which were ineligible under Scheme rules. This included analysing whether businesses were established on or before 1st March 2020 in accordance with BBLS eligibility criteria.

HMG has not analysed companies incorporated before 1st March 2020 across other Covid Loan Schemes.


Secondary information

Type
Written question
Reference
18581
Session
2026-27
Subjects
Companies Government assistance Coronavirus New businesses
Link
View this Written question on www.parliament.uk