| Heading: |
UK Research and Innovation: Loans |
| Question ID: |
1807866 |
| UIN: |
HL7963 |
| House: |
Lords |
| Date tabled: |
2025-06-02 |
| Asking Member ID: |
4270 |
| Asking Member display name: |
Lord Nash
|
| Asking Member handle: |
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| Asking Member Twitter reference: |
Lord Nash
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| Member interest: |
false |
| Question text: |
To ask His Majesty's Government what is the current outstanding balance of the innovation loans portfolio managed by UK Research and Innovation; and what proportion of that balance is classified as non-performing. |
| Is named day: |
false |
| Date of holding answer: |
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| Date answered: |
2025-06-16 |
| Date answer corrected: |
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| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
5363 |
| Answering Member display name: |
Lord Vallance of Balham
|
| Answering Member handle: |
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| Answering Member Twitter reference: |
Lord Vallance of Balham
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
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| Answer text: |
Since April 2018, £267.7m commitments have been made across 304 loans (including those approved and currently in execution). £221.2m in commitments are currently live across 248 loans, of which £191.9m is drawn. Under the terms of the loans with Innovate ... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
216 |
| Answering body name: |
Department for Science, Innovation and Technology |
| Tweeted: |
true |