Question to the Department for Business and Trade:

To ask His Majesty's Government, with reference to the transparency data COVID-19 loan guarantee schemes repayment data: March 2025, published on 6 June, what is the total fraud loss rate as a percentage of total lending for each of the COVID-19 loan guarantee schemes; and how those rates compare to the amounts flagged as suspected fraud by lenders.

The total fraud loss rate (by value) as a percentage of total lending for each of the COVID-19 loan guarantee schemes:

Bounce Back Loan Scheme (BBLS): 3.36%

Coronavirus Business Interruption Loan Scheme (CBILS): 0.09%

Coronavirus Large Business Interruption Loan Scheme (CLBILS): 0% (none)

Total flagged as suspected fraud by lenders (by value) as a percentage of total lending for each of the COVID-19 loan guarantee schemes:

BBLS: 4.05%

CBILS: 0.22%

CLBILS: 0% (none)