Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how many successful applications have been made to the Coronavirus Large Business Interruption Loan Scheme from (a) medium-sized and (b) large business in the (i) transport and (ii) offshore energy sectors to date; and what the value is of those applications.
As of 7 June, 244 loans have been issued under the Coronavirus Large Business Interruption Loan Scheme (CLBILS), with a total value of £1.57 billion.
Issuing new loans is the priority for lenders and the Government. We are working with the British Business Bank, HM Treasury and the lenders on providing regular and transparent data publication going forward.