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47139

registered interest
date	07/04/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what his Department's estimate is of the latest RAB charge for further education students.
tabling member constituency	Birmingham, Hodge Hill
tabling member printed	Mr Liam Byrne
uin	195461
answer	answer is ministerial correction date of answer 10/04/2014 answer text <p>The Department models the proportion of loans which we expect will not be repaid (the RAB charge). The 2012 impact assessment on the introduction of 24+ Advanced Learning Loans stated that we anticipated this RAB charge would be 60% of the total loan amount. Now that we are beginning to receive figures on actual learner numbers, we are reviewing the assumptions within the RAB charge model. This 60% figure may therefore be subject to change in the future.</p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 10/04/2014 12:00:00 answering member 4070 label Biography information for Matt Hancock
tabling member	1171 label Biography information for Liam Byrne

46704

registered interest
date	03/04/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the number of people who run a small or medium-sized enterprise as a secondary form of income alongside another job.
tabling member constituency	Harlow
tabling member printed	Robert Halfon
uin	195098
answer	answer is ministerial correction date of answer 10/04/2014 answer text <p>Information is not available to answer this question. However, data from the Office for National Statistics estimate that around 400,000 people describe themselves as self employed in their second jobs between October 2012 and September 2013.</p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 10/04/2014 12:00:00 answering member 4070 label Biography information for Matt Hancock
tabling member	3985 label Biography information for Robert Halfon

46706

registered interest
date	03/04/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what steps he has taken to increase the availability of credit for small businesses in (a) Bolton North East constituency and (b) England in the last year.
tabling member constituency	Bolton North East
tabling member printed	Mr David Crausby
uin	195045
answer	answer is ministerial correction date of answer 10/04/2014 answer text <p>The Government is committed to ensuring businesses can access the finance they need for investment and growth.</p><p> </p><p>The Bank of England and HM Treasury announced in November that the Funding for Lending scheme would be focused on lending to businesses to reflect the success that the scheme has had with households. Lending under the Funding for Lending Scheme has totalled over £16bn according to the latest figures.</p><p> </p><p>The British Business Bank is being established to ensure that business finance markets work efficiently and effectively for smaller businesses, and its loan guarantee and investment programmes supported £660 million of lending and investment in 2013 across the UK.</p><p> </p><p>A breakdown of the value of debt finance facilitated to businesses in Bolton North East constituency and England through British Business Bank programmes in the last year is detailed in the table below.</p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p><strong>Enterprise</strong><strong> Finance Guarantee Scheme (drawn down)</strong></p></td><td><p><strong>Start Up Loans Scheme </strong></p><p><strong>(drawn down)</strong></p></td><td><p><strong>Lending facilitated by the Business Finance Partnership</strong></p></td></tr><tr><td><p>Bolton North East Constituency</p></td><td><p>7 Loans with a value of £1.14m</p></td><td><p>24 loans with a value of £117 330</p></td><td><p>North West Region: 462 loans with a value of nearly £ 27m</p></td></tr><tr><td><p>England</p></td><td><p>2857 loans with a value of £307.6 million</p></td><td><p>13432 with a value over £75m</p></td><td><p>3721 loans provided with a value of nearly £226m</p></td></tr></tbody></table><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 10/04/2014 12:00:00 answering member 4070 label Biography information for Matt Hancock
tabling member	437 label Biography information for Sir David Crausby