Question to the Department for Business and Trade:

To ask His Majesty's Government what representations they have received from lenders asking for higher funding limits under the Growth Guarantee Scheme, and what plans they have to extend funding limits for lenders under the Scheme.

The Government and the British Business Bank maintain constant dialogue with Growth Guarantee Scheme Delivery Partners to ensure the terms and capacity of the Scheme remain appropriate. With the announcement of resources to facilitate an additional £500 million of lending through the Scheme to businesses affected by turbulence in global trade, the British Business Bank are working with Delivery Partners on how best to allocate this additional capacity. Funding allocations for future years are subject to negotiation.