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Business: Coronavirus

Question for Treasury

UIN 33635, tabled on 23 March 2020

To ask the Chancellor of the Exchequer, what discussions he has had with the Governor of the Bank of England on banks supplying credit to businesses to mitigate economic disruption and support cash flow during the covid-19 outbreak.

Answered on

31 March 2020

The Treasury and Bank of England have regular discussions on the economic outlook, and the Chancellor has regular discussions with the Governor covering the full range of the Bank of England’s responsibilities. This includes the economic disruption as a result of Covid-19, and helping to provide a comprehensive, coordinated and coherent response.

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