All 1 Debates between Mike Gapes and Debbie Abrahams

Oral Answers to Questions

Debate between Mike Gapes and Debbie Abrahams
Thursday 7th February 2013

(11 years, 9 months ago)

Commons Chamber
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Mike Gapes Portrait Mike Gapes (Ilford South) (Lab/Co-op)
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2. In how many months net lending to businesses has (a) increased and (b) fallen since January 2011.

Debbie Abrahams Portrait Debbie Abrahams (Oldham East and Saddleworth) (Lab)
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12. In how many months net lending to businesses has (a) increased and (b) fallen since January 2011.

Vince Cable Portrait The Secretary of State for Business, Innovation and Skills (Vince Cable)
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Figures from the Bank of England show that between January 2011 and December 2012 lending to businesses by UK banks increased in six months, and decreased in the others. The Government and the Bank of England are working to increase lending across the economy, for example through the funding for lending scheme and the new business bank.