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91347
registered interest false more like this
date less than 2014-09-08more like thismore than 2014-09-08
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills 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 the Secretary of State for Business, Innovation and Skills, what recent assessment he has made of the availability of finance for small firms and the level of lending by banks to small businesses. more like this
tabling member constituency Middlesbrough South and East Cleveland more like this
tabling member printed
Tom Blenkinsop remove filter
uin 905314 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-09-11more like thismore than 2014-09-11
answer text <p> </p><p>Recent data from the Bank of England shows some signs that bank lending to SMEs is starting to recover. Gross lending to SMEs in the first 7 months of 2014 was nearly £30 billion, up 21% on the equivalent period last year. Net lending was at zero or modestly positive in each of the last three months if overdrafts are excluded, reversing a long term negative trend. Credit conditions, however, remain tight for the smallest businesses in particular.</p><p> </p> more like this
answering member constituency Twickenham more like this
answering member printed Vince Cable more like this
question first answered
less than 2014-09-11T15:26:49.6999264Zmore like thismore than 2014-09-11T15:26:49.6999264Z
answering member
207
label Biography information for Sir Vince Cable more like this
tabling member
4037
label Biography information for Tom Blenkinsop more like this