New Businesses: Government Assistance
(asked on 14th July 2026) - View Source
Question to the Department for Business, Innovation, Science and Trade:
To ask the Secretary of State for Business and Trade, whether the Government has analysed companies incorporated during the pandemic against recipients of Bounce Back Loans and other Covid support schemes.
Answered by
Blair McDougall
Parliamentary Under-Secretary of State (Department for Business, Innovation, Science and Trade) (Jointly with the Department for Energy Security and Net Zero)
HM Government has analysed the Bounce Back Loan Scheme (BBLS) portfolio for indicators that borrowers received loans which were ineligible under Scheme rules. This included analysing whether businesses were established on or before 1st March 2020 in accordance with BBLS eligibility criteria.
HMG has not analysed companies incorporated before 1st March 2020 across other Covid Loan Schemes.