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Small Businesses: Loans

Question for Department for Business, Energy and Industrial Strategy

UIN HL14116, tabled on 10 March 2021

To ask Her Majesty's Government what assessment they have made of the report by the British Business Bank Small Business Finance Markets Report 2021, published on 10 March.

Answered on

24 March 2021

The British Business Bank’s Small Business Finance Markets Report makes clear how difficult the last year has been for many small businesses, which is why the Government continues to provide an extensive and generous package of support.

This package of support includes the extended furlough scheme, VAT and business rates relief, loan guarantees and direct cash grants so small businesses are able to keep afloat, protect jobs, and build back better from the pandemic.