House of Lords Business
Show full summary

Lord Sikka to ask Her Majesty's Government, further to the remarks by Lord Agnew of Oulton on 24 January (HL Deb, col 21) where he stated that "three out of the seven main lenders account for 87 per cent of loans paid out to companies already dissolved", why the ratio is so skewed; and following his further remarks that "two of the seven account for 81 per cent of cases where loans were paid out to companies incorporated post-Covid", whether they will provide (1) names of the two lenders, (2) the (a) number, and (b) names, of the recipient companies incorporated after the start of the pandemic measures, and (3) the amounts of loans made to each of the companies.  HL5754

Question HL5754: tabled on 27 January 2022 and due for answer by 10 February 2022

This type of business sits within the Questions & Statements category.

This question has been answered by the relevant Government Department.

Question text

Lord Sikka to ask Her Majesty's Government, further to the remarks by Lord Agnew of Oulton on 24 January (HL Deb, col 21) where he stated that "three out of the seven main lenders account for 87 per cent of loans paid out to companies already dissolved", why the ratio is so skewed; and following his further remarks that "two of the seven account for 81 per cent of cases where loans were paid out to companies incorporated post-Covid", whether they will provide (1) names of the two lenders, (2) the (a) number, and (b) names, of the recipient companies incorporated after the start of the pandemic measures, and (3) the amounts of loans made to each of the companies.  HL5754
Legend for business item text
† Item that is new or altered.
* Item is an oral question.
Numbers starting HL are unique identifiers for written questions, Bills or papers.

Member's Registered Interests

There are no interests to show.

Main Member

Lord Sikka
Labour
Life peer