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 10 July 2017 to Question 3182, what estimate he has made of the number of start-up loans paid to people who are self-employed in (a) North West England and (b) the UK in each year since 2010.

The Start Up Loans Scheme was launched in 2012 as a response to Lord Young’s report into small business and enterprise ‘Make Business Your Business’. This is therefore the date from which figures are held.

I can confirm that since 2012, in the North West, a total of 5,563 start-up loans have been delivered, equalling £35.64m.

And, in the UK, since 2012, a total of 46,506 loans have been granted, to a sum of £301.37m.

The attached table shows by year the number and value of start-up loans.