Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of whether lenders are collating data on the number of (a) applications and (b) rejected applications under the Coronavirus Business Interruption Scheme.
As of 29 April, in total over £4.1 billion worth of loans have been issued under the Coronavirus Business Interruption Loan Scheme (CBILS) to over 25,262 businesses.
We are working with the British Business Bank, HM Treasury and the lenders on providing transparent and regular data publication going forward.