Debates between Lilian Greenwood and Natascha Engel during the 2010-2015 Parliament

Oral Answers to Questions

Debate between Lilian Greenwood and Natascha Engel
Thursday 18th November 2010

(14 years ago)

Commons Chamber
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Lilian Greenwood Portrait Lilian Greenwood (Nottingham South) (Lab)
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9. What steps he is taking to increase lending to small businesses.

Natascha Engel Portrait Natascha Engel (North East Derbyshire) (Lab)
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13. What steps he is taking to increase lending to small businesses.

Mark Prisk Portrait The Minister of State, Department for Business, Innovation and Skills (Mr Mark Prisk)
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The latest official information shows that more than two thirds of loan applications from small firms are approved. However, the Government are determined to press the banks to ensure that creditworthy businesses have the finance that they need. Among the actions that we are taking are enforcing lending codes, improving customer information and extending the enterprise finance guarantee.