Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will publish (a) all the companies that have received public money through the Covid Corporate Financing Facility (CCFF), (b) the full amount of funding each company has received through the CCFF since its inception and (c) the criteria the Bank of England will use to make decisions on any increases to an issuer’s CCFF limit.

The Bank of England publish the names of all the companies who have outstanding funds through the CCFF, each week on a Thursday at the following website:
https://www.bankofengland.co.uk/markets/bank-of-england-market-operations-guide/results-and-usage-data This is a unique level of transparency, equivalent schemes in the Eurozone and United States do not publish the names of scheme users.

In order to have an extension to the issuers limit, the company will need to demonstrate that the increased limit will be used to support them through the Covid-19 crisis. Due to the nature of the increased risk to the taxpayer, for such an increase to be considered there would be detailed engagement between the company and HM Government to understand, for example, if the company has sought alternative sources of financing, and to discuss repayment strategies.