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Bounce Back Loan Scheme and Coronavirus Business Interruption Loans Scheme: Fraud

Question for Department for Business, Energy and Industrial Strategy

UIN 174730, tabled on 24 March 2021

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department received advice from (a) banks and (b) specialist advisors on identifying fraudulent applications for (i) bounce back loans and (ii) coronavirus business interruption loans.

Answered on

13 April 2021

The Department continues to work with other Government Departments, lenders, and law enforcement agencies to tackle fraudulent abuse of the schemes.

Answered by

Department for Business, Energy and Industrial Strategy
Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.