Financial Services: Self-employed

(asked on 22nd November 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment he has made of the major barriers to self-employed people accessing bank lending.


Answered by
 Portrait
Simon Kirby
This question was answered on 25th November 2016
The Treasury has not made such an assessment, but monitors lending to businesses of all sizes, including those run by the self-employed, from both banks and alternative finance providers. The British Business Bank also monitors closely and publishes reports on lending conditions, in line with its objective to make finance markets work better for small businesses.

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