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Covid-19: The Bounce Back Loan Scheme


This inquiry continues our work on government’s response to the Covid-19 pandemic. The inquiry will focus on the NAO’s forthcoming report on the government’s Bounce Back Loan Scheme: its purpose; how it functions; how it has performed to date; and how government manages the associated value for money risks – including the potential for fraud and abuse of the scheme, and the risk of default on the loans, which are 100% backed by the taxpayer.  

In early November we will question senior officials at HMT Treasury, the Department for Business, and the British Business Bank.  

We are now calling for evidence from key stakeholders such as businesses – large or small – that applied for the scheme, and the accredited lenders that promote and implement the scheme.

If you have evidence or concerns about the operation of this scheme and the value for money it represents, please submit it here by Thursday 29 October.

This inquiry is currently accepting evidence

The committee wants to hear your views. We welcome submissions from anyone with answers to the questions in the call for evidence. You can submit evidence until Thursday 29 October 2020.

Read the call for evidence before submitting

Past events

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Contact us

  • Email:
  • Phone: 020 7219 3273 (General enquiries). For all media inquiries please contact Jessica Bridges Palmer / 07917488489
  • Address: Public Accounts Committee, House of Commons, London, SW1A 0AA