Question to the Department for Business and Trade:

To ask His Majesty's Government, with reference to the transparency data COVID-19 loan guarantee schemes repayment data: March 2025, published on 6 June, what proportion by value of total guarantee claims made by lenders relate explicitly to suspected fraud loss as opposed to credit loss.

As at 31 March £10.86bn (23.3% by value) has been settled under the Bounce Back Loan Scheme (BBLS) Government-backed guarantee.

The proportion (by value) of total guarantee claims made by lenders relating explicitly to suspected fraud loss is:

- BBLS: 5.53%

- Coronavirus Business Interruption Loan Scheme: 2.61%

- Coronavirus Large Business Interruption Loan Scheme: 0% (none)