Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the performance of the UK Guarantees scheme.
The UK Guarantees Scheme is an important mechanism for facilitating private investment in infrastructure in the UK. £3.7 billion of guarantees have been approved to date, enabling projects worth £23 billion to go ahead. As announced in the Autumn Statement, availability of the UK Guarantees Scheme will be extended to March 2021 to continue to support projects to secure private investment.