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93472
registered interest false more like this
date less than 2014-10-15more like thismore than 2014-10-15
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Small Businesses: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what further steps he plans to take to encourage banks to lend money to small and medium-sized businesses. more like this
tabling member constituency South Antrim more like this
tabling member printed
Dr William McCrea more like this
uin 210820 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2014-10-22more like thisremove minimum value filter
answer text <p>The Government has taken significant action to increase bank lending to smaller businesses, such as through the Funding for Lending Scheme, and through supporting non-bank lending channels via the British Business Bank.</p><p> </p><p> </p><p> </p><p>In Autumn 2013 a joint United Kingdom and Northern Ireland Ministerial Task Force was set up to look at ways to promote lending and increase support for businesses in Northern Ireland.</p><p> </p><p> </p><p> </p><p>The Government is also implementing further major reforms to boost competition in the provision of smaller business finance through the Small Business, Enterprise and Employment Bill; these measures intend to improve access to SME Credit Information and to match SMEs rejected for SME finance with challenger banks and alternative finance providers that are looking to offer finance.</p><p> </p> more like this
answering member constituency South Northamptonshire more like this
answering member printed Andrea Leadsom more like this
question first answered
less than 2014-10-22T15:21:56.7434195Zmore like thismore than 2014-10-22T15:21:56.7434195Z
answering member
4117
label Biography information for Andrea Leadsom more like this
tabling member
655
label Biography information for Lord McCrea of Magherafelt and Cookstown remove filter