Asked by: Nick Fletcher (Conservative - Don Valley)
Question to the Department for Education:
To ask the Secretary of State for Education, what steps the Education and Skills Funding Agency is taking to reassure training providers that seeking financial support from the Coronavirus Business Loan Interruption Scheme and bounce back loans scheme will not affect their financial health assessment calculation after the covid-19 outbreak.
Answered by Gillian Keegan - Secretary of State for Education
As the full financial consequences of the Covid-19 outbreak on the sector emerge, we will assess the impact of the outbreak on the sector and the most appropriate means of how to approach to financial health assessments and intervention actions, including how to treat the Coronavirus Business Loan Interruption Scheme and other elements of government support.