Bounce Back Loans Scheme: Follow-up

Public Accounts Committee Closed Inquiry
Opened: 26 Nov 2021 Closed: 5 Dec 2022 Parliament page
In December 2020 the Committee published its first report on the “Bounce Back Loan” Scheme offered to registered - and unregistered - small businesses to help them get through and recover from Government-mandated closures and loss of business revenues during lockdown. At that time the PAC concluded that billions of … Read more
17 Recommendations
9 Conclusions
1 Report
2 Oral sessions
5 Letters
2 Events
Activity timeline 11 events
6 Dec
2022
Correspondence
5 Dec
2022
Oral evidence
5 Dec
2022
Formal meeting (oral evidence session) · The Grimond Room, Portcullis House
2 Sep
2022
Report published
27 Apr
2022
Report published
22 Feb
2022
Correspondence
31 Jan
2022
Correspondence
11 Jan
2022
Correspondence
11 Jan
2022
Correspondence
10 Jan
2022
Oral evidence
10 Jan
2022
Formal meeting (oral evidence session) · The Grimond Room, Portcullis House
Oral evidence sessions 2 sessions
5 Dec 2022
View on parliament.uk
Bounce Back Loans Scheme: Follow-up; BEIS Annual Report & Accounts 21-22
Andrew Harrison · NatWest Anne Boden · Starling Bank Dave Newcombe · Paragon Banking Group Gemma Peck · Department for Business, Energy & Industrial Strategy Karl Reid · HSBC Sarah Munby · Department for Business, Energy and Industrial Strategy Tom Taylor · Department for Business, Energy & Industrial Strategy
10 Jan 2022
View on parliament.uk
Bounce Back Loans Scheme: Follow-up
Catherine Lewis La Torre · British Business Bank Charles Roxburgh · HM Treasury Patrick Magee · British Business Bank Sarah Munby · Department for Business, Energy and Industrial Strategy Sheldon Mills · Financial Conduct Authority
Title HC No. Published Items Response
Fiftieth Report - Bounce Back Loans Scheme: Follow-up HC 951 27 Apr 2022 26 Responded
Recommendations & Conclusions
1 result
Clear
1 Conclusion Acknowledged
Fiftieth Report - Bounce Back Loan…
On the basis of a report by the Comptroller and Auditor General, we took evidence...
On the basis of a report by the Comptroller and Auditor General, we took evidence from the Department for Business, Energy & Industrial Strategy (the Department) and the British Business Bank (the Bank) about the Bounce Back Loan Scheme. We … Read more
Government Response
The government acknowledges the committee's report and confirms the date evidence was taken and the publication date of the report.
HM Treasury
View details
Government Response AI assessment · 24 of 17 classified
Accepted 21
Acknowledged 1
Not Addressed 2
Total 17 recs + 9 conclusions
Correspondence 5 letters
6 Dec 2022 Correspondence from Sarah Munby, Permanent Secretary for the Department for Business, Energy and Industrial Strategy (BEIS), re Treasury Minute Response – “Bounce Back Loans Scheme: Follow-up” (50th Report of Session 2021-22) 30 November 2022
Parliament page
22 Feb 2022 Correspondence from Sarah Munby Permanent Under-Secretary of State, Department for Business, Energy & Industrial Strategy, re PAC hearing on the Bounce Back Loan Scheme, dated 9 February 2022
Parliament page
31 Jan 2022 Correspondence from Catherine Lewis La Torre, Chief Executive, British Business Bank, re Bounce Back Loans, dated 27 January 2022
Parliament page
11 Jan 2022 Correspondence from Stephen Pegge Managing Director, Commercial Finance UK Finance, re follow-up evidence session on the Bounce Back Loan Scheme, dated 23 December 2021
Parliament page
11 Jan 2022 Correspondence from Sarah Munby, Permanent Secretary, Department for Business, Energy & Industrial Strategy, re Covid loans - dissolutions objections incident, dated 4 January 2022
Parliament page