NAO reports on bounce back loan scheme review

Released 07 October 2020

The National Audit Office (NAO) has reported that the bounce back loan scheme succeeded in quickly supporting small businesses, but the Government faces a potential loss of £15 billion to £26 billion through businesses not being able to repay the loans and fraud.

Further information on the review can be found at Investigation into the Bounce Back Loan Scheme.

Be the first to vote