Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, how many and what proportion of Coronavirus Business Interruption Loan Scheme payments have been paid to the loaning bank following (a) default and (b) bankruptcy by the business to which the loan was made; and what the value was of each of those loans.

As at 31 March 2025, 8,755 (9.0% of the total) Coronavirus Business Interruption Scheme (CBILS) loans have had the government guarantee paid out. The monetary value of the guarantees paid out is £996.3mn, or 3.9% of the total the CBILS draw down value. The Department for Business and Trade (DBT) does not hold data detailing the reason for borrower default, including where bankruptcy is the reason for default.