Universities: Coronavirus Business Interruption Loan Scheme

(asked on 23rd June 2020) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many universities have accessed the Coronavirus Business Interruption Loan scheme.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 29th June 2020

As of 21 June, a total of 50,482 loans have been issued under the Coronavirus Business Interruption Loan Scheme (CBILS), with a value of £10.53 billion.

Issuing new loans is the priority for lenders and the Government. We are working with the British Business Bank, HM Treasury and the lenders on providing regular and transparent data publication going forward, including sectoral breakdowns.

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