PARLIAMENTARY WRITTEN QUESTION
Bus Services: Coronavirus (30 November 2020)

To ask the Chancellor of the Exchequer, whether loans have been made from the public purse to (a) Stagecoach, (b) National Express, (c) Go-Ahead, (d) First Group, (e) Serco, (f) Arriva and (g) Abellio as part of the Government's response to the covid-19 outbreak.

Asked by:
Charlotte Nichols (Labour)

Throughout this crisis, the government has sought to protect people’s jobs and livelihoods, and support businesses and public services across the UK. This has included support for business through access to finance schemes (CBILS, CLBILS, Future Fund, BBLS), with over £65bn dispersed through these schemes.

The sectoral breakdowns of these loans published by the Government shows the transport sector as a whole has received over 2,200 CBILS loans worth £500m and over 67,000 BBLS loans worth £1.7bn. The list of businesses making use of CCFF loan facilities is publicly available. The Bank of England publishes current borrowers weekly.

The Government have been publishing the number of applications approved and the volume of lending under the schemes which show continued support for over a million businesses.

Answered by:
Mrs Kemi Badenoch (Conservative)
8 December 2020