Business: Coronavirus
Lords · Question HL8308 · Tabled 10 Jun 2025 · Department for Business and Trade · Official record
Answered 23 Jun 2025
Question
Asked by Lord Goodman of Wycombe
To ask His Majesty's Government, with reference to the transparency data COVID-19 loan guarantee schemes repayment data: March 2025, published on 6 June, what is the total fraud loss rate as a percentage of total lending for each of the COVID-19 loan guar
Answer
Answered by Baroness Jones of Whitchurch, 23 Jun 2025
The total fraud loss rate (by value) as a percentage of total lending for each of the COVID-19 loan guarantee schemes:Bounce Back Loan Scheme (BBLS): 3.36%Coronavirus Business Interruption Loan Scheme (CBILS): 0.09%Coronavirus Large Business Interruption ...