Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what proportion of businesses who had secured a Bounce Back Loan had borrowed the maximum amount of 25 per cent of their estimated turnover, up to 10 November 2020.

As of 10 November 2020, 27% of businesses offered a Bounce Back Loan were offered one of a value equivalent to exactly 25% of their stated turnover.