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Lord Myners to ask Her Majesty's Government whether default rates, and losses in event of default, experienced by the British Business Bank on loans sourced through peer-to-peer lending platforms have been (1) greater or lesser than for the British Business Bank’s overall lending book, and (2) greater or lesser than the British Business Bank’s expectation when extending loans through such platforms.  HL1776

Question HL1776: tabled on 24 February 2020 and due for answer by 9 March 2020

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Lord Myners to ask Her Majesty's Government whether default rates, and losses in event of default, experienced by the British Business Bank on loans sourced through peer-to-peer lending platforms have been (1) greater or lesser than for the British Business Bank’s overall lending book, and (2) greater or lesser than the British Business Bank’s expectation when extending loans through such platforms.  HL1776
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Lord Myners
Crossbench
Life peer