Question follow-through · 1862

Bounce Back Loan Scheme and Coronavirus Business Interruption Loan Scheme

To ask the Secretary of State for Business and Trade, what recent estimate his Department has made of the level of credit losses arising from fraudulent loans provided through the (a) Bounce Back Loans Scheme and (b) Coronavirus Business Interruption Loan

answeredDepartment for Business and Trade

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Department for Business and Trade
Tabled
25 Jul 2024
Target answer date
30 Jul 2024
Answer
2 Aug 2024 · 8 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

More questions by this MP on Economy and business

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Recorded timeline

  1. 25 Jul 2024

    Question tabled

    To ask the Secretary of State for Business and Trade, what recent estimate his Department has made of the level of credit losses arising from fraudulent loans provided through the (a) Bounce Back Loans Scheme and (b) Coronavirus Business Interruption Loan

  2. 30 Jul 2024

    Target answer date

    Date supplied by the official written-questions record.

  3. 2 Aug 2024

    Answer published

    As at March 2024, £1.51 billion has been paid out on the government guarantee on BBLS loans where there was lender reported suspected fraud, and £19.8 million has been paid out on the government guarantee on CBILS loans where there was lender reported sus...

Open official record

Official data retrieved 27 Sept 2026.

Later records

Possible follow-up questions

Strong links require the same MP, department and exact heading. Other same-department questions are shown as unreviewed candidates, not as confirmed follow-ups. No debate link is asserted unless a stable source relationship exists.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

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