Heading: |
Bounce Back Loan Scheme: Fraud |
Question ID: |
1809040 |
UIN: |
HL8028 |
House: |
Lords |
Date tabled: |
2025-06-03 |
Asking Member ID: |
4567 |
Asking Member display name: |
Baroness Finn
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Asking Member handle: |
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Asking Member Twitter reference: |
Baroness Finn
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Member interest: |
false |
Question text: |
To ask His Majesty's Government, further to the Department for Business and Trade annual report and accounts 2023 to 2024, published on 24 April (HC 391), what evidence supports the decision to reduce the estimated 9.7 per cent fraud and error incidence r |
Is named day: |
false |
Date of holding answer: |
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Date answered: |
2025-06-17 |
Date answer corrected: |
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Is holding answer: |
false |
Is correcting answer: |
false |
Answering Member ID: |
3792 |
Answering Member display name: |
Baroness Jones of Whitchurch
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Answering Member handle: |
WhitchurchGirl
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Answering Member Twitter reference: |
@WhitchurchGirl
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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: |
On 30 January, the Department for Business and Trade published its annual report and accounts for 2023/2024.The report states that the “fraud and error incidence rate” in the Bounce Back Loan Scheme (BBLS) has increased from 8.0% at 31 March 2023 to 9.7% ... |
Original answer text: |
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Comparable answer text: |
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Answering body ID: |
214 |
Answering body name: |
Department for Business and Trade |
Tweeted: |
true |