Research Briefing
Published Wednesday, 28 October, 2020
A Backbench Business debate on the Coronavirus Business Interruption Loans Scheme has been scheduled for Thursday 5 November 2020.
A Backbench Business debate, sponsored by Owen Thompson MP and Liz Saville Roberts MP, on the Coronavirus Business Interruption Loans Scheme has been scheduled for Thursday 5 November 2020.
Further information
Websites
British Business Bank – Coronavirus Business Interruption Loan Scheme (CBILS) – British Business Bank
– see also case studies on the Scheme
European Parliamentary Research Service – Coronavirus (COVID-19)
Gov. uk – Support for businesses and self-employed people during Coronavirus – Gov.uk
HM Treasury – Coronavirus (COVID-19) business loan scheme statistics, HM Treasury
House of Commons Library Covid-19, House of Commons Library Briefings
OECD – Tackling Coronavirus: key policy responses from the OECD
Articles/reports
Coronavirus business support schemes: statistics, House of Commons Library, 27 October 2020
– the excel file attached to this briefing includes details of the loans by parliamentary constituency
Loan guarantees and other national credit-support programmes in the wake of COVID-19, Bruegel Blog, 26 October 2020
Banks look to debt collectors to recover bounce back loans, Financial Times, 24 October 2020
British Business Bank support schemes deliver almost £62bn of loans to smaller businesses, British Business Bank, 22 October 2020
The Lending Boom Conundrum, Altfi, 20 October 2020
Coronavirus:support for business, House of Commons Library, 5 October 2020
FCA concerned about potential harm from coronavirus emergency lending schemes, Peer2Peer Finance News, 30 September 2020
Coronavirus: business loans schemes, House of Commons Library, 29 September 2020
Winter Economy Plan, HM Treasury, 24 September 2020
Has the Coronavirus Business Interruption Loan Scheme been a success? Mail Online, 17 July 2020
Treasury mulls plan to set up coronavirus toxic debt body to save UK small businesses, The Guardian, 16 July 2020
Supporting UK economic recovery: recapitalising businesses post Covid-19, The Recapitalisation Group, 16 July 2020
Small businesses ‘spend twice as much’ by using wrong government loan scheme, Daily Telegraph, 9 June 2020 [Intranet link]
£36bn of government-backed loans will be toxic, taskforce warns, The Guardian, 7 June 2020
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