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431610
star this property registered interest false more like this
star this property date less than 2015-11-23more like thismore than 2015-11-23
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading Small Businesses: Finance remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what assessment he has made of the effectiveness of the bank referral scheme announced in the 2015 Budget in providing accessible finance to small and medium-seized enterprises. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 17360 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2015-12-01more like thismore than 2015-12-01
star this property answer text <p>The bank referral scheme is not yet up and running but the Government is committed to delivering this policy which will help small and medium sized enterprises access the finance they need to grow and expand.</p><br /><p>Since the Government announced the Finance Platform policy at Budget 2014 significant progress on implementation has been made. The Government has consulted, passed primary legislation and is now close to making secondary legislation.</p><br /><p>The British Business Bank is currently undertaking a due diligence process on Finance Platforms that have expressed an interest in becoming designated and will advise HM Treasury on designation in the Spring; with the policy expected to ‘go live’ later in 2016.</p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2015-12-01T17:09:59.743Zmore like thismore than 2015-12-01T17:09:59.743Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin remove filter
star this property tabling member
1586
star this property label Biography information for Adam Afriyie more like this
386523
star this property registered interest false more like this
star this property date less than 2015-06-30more like thismore than 2015-06-30
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Small Businesses: Finance remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what steps his Department is taking in response to the outcome of the Government's consultation on matching SMEs rejected for finance with alternative lenders. more like this
star this property tabling member constituency Streatham more like this
star this property tabling member printed
Mr Chuka Umunna more like this
star this property uin 5017 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2015-07-06more like thismore than 2015-07-06
star this property answer text <p>The Government took powers in the Small Business, Enterprise and Employment Act 2015 to require the UK’s major banks to offer SMEs they reject for finance the opportunity to be referred to Finance Platforms that can help match them with alternative finance providers.</p><p> </p><p> </p><p> </p><p>The Government will lay Secondary Legislation implementing the policy before Parliament as soon as is practicable.</p><p> </p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2015-07-06T15:27:07.033Zmore like thismore than 2015-07-06T15:27:07.033Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin remove filter
star this property tabling member
4128
star this property label Biography information for Chuka Umunna more like this