Bounce Back Loan Scheme
2026-06-22 · Department for Business and Trade · 12151 · Official question
Question
To ask the Secretary of State for Business and Trade, what steps he is taking to ensure that Covid era Build Back Loan repayment programmes do not contribute to business closures and liquidations.
Answer
The Bounce Back Loan Scheme (BBLS), is a fully delegated scheme. Under the Scheme’s rules and guidance, lenders are expected to pursue recovery activity in a proportionate way, treating borrowers fairly while providing value to the taxpayer.To make sure t...