Skip to main content

Business: Newcastle upon Tyne Central

Question for Department for Business, Energy and Industrial Strategy

UIN 21215, tabled on 23 June 2021

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish a list of the companies that have been in receipt of payments from the (a) Coronavirus Business Interruption Loan Scheme and (b) Bounce Back Loan Scheme in Newcastle upon Tyne Central constituency to date; and how much was received by each such business.

Answered on

2 July 2021

The Department is unable to provide a detailed breakdown of loan recipients under the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) as this information is commercially sensitive for borrowers.

Details of facilities made available under the schemes have been published where required by the European Commission’s Transparency Aid Module at the following website: https://webgate.ec.europa.eu/competition/transparency/public?lang=en.

However this data will only show the region where the business is located. Further information on data reporting can be found on the British Business Bank’s website: https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-schemes/data-reporting/.

As of 7 June 2021, the total number of loans taken up under the schemes by businesses in Newcastle Upon Tyne Central is as follows:

Scheme

Number of Loans

Value

Median Value

BBLS

2627

£ 81,511,198

£ 30,000

CBILS

135

£ 47,062,585

£ 150,000