Business: Coronavirus
Lords · Question HL8309 · Tabled 10 Jun 2025 · Department for Business and Trade · Official record
Answered 25 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 proportion by value of total guarantee claims made by lenders relate explicitly to suspected fra
Answer
Answered by Baroness Jones of Whitchurch, 25 Jun 2025
As at 31 March £10.86bn (23.3% by value) has been settled under the Bounce Back Loan Scheme (BBLS) Government-backed guarantee. The proportion (by value) of total guarantee claims made by lenders relating explicitly to suspected fraud loss is:- BBLS: 5.53...