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166250
registered interest false more like this
date less than 2014-11-26more like thismore than 2014-11-26
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 Business: Northern Ireland 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 steps he is taking to increase access to bank lending for businesses in Northern Ireland. more like this
tabling member constituency South Antrim more like this
tabling member printed
Dr William McCrea more like this
uin 216115 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-02more like thismore than 2014-12-02
answer text <p>The Government has taken significant action to increase bank lending to businesses throughout the UK, including 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>The Government is also implementing further major reforms to boost competition in the small and medium sized enterprise (SME) lending market through the Small Business, Enterprise and Employment Bill; most notably the measures to improve access to SME credit information and to match SMEs rejected for finance with challenger banks and alternative finance providers that are looking to offer finance.</p><p> </p><p> </p><p> </p><p>Furthermore, 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 specifically for businesses in Northern Ireland.</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 2014-12-02T17:50:30.367Zmore like thismore than 2014-12-02T17:50:30.367Z
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