Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 13 March 2021 to Question 174728, on GFG Alliance: Coronavirus Business Interruption Loan Scheme, when he plans to publish details of the Coronavirus Large Business Interruption Loan Scheme where required by the European Commission’s Transparency Aid Module.
Details of facilities made available under the Coronavirus Business Interruption Loan Scheme will be published where required by the European Commission’s Transparency Aid Module in due course.
Our priority is to ensure borrowers are given notice before information about their loans is shared with the European Commission; we are working with lenders and the British Business Bank to facilitate this. A rolling programme of reporting will then publish details of aid granted within the preceding 12 months.
More information is available at https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-schemes/data-reporting/.