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Bank Referral Scheme raised £23m for SMEs in 2020, HM Treasury says

Published on: 23 December 2020
Published by LNB News

LNB News 23/12/2020

Document Information

Issue Date: 23 December 2020

Published Date: 23 December 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

HM Treasury has published statistics for the government’s Bank Referral Scheme from 1 November 2016 to 30 December 2020, which show that over the past 12 months, 889 businesses have raised more than £23 million through the Scheme, a significant increase on the previous year. Since its introduction four years ago, the Scheme has now raised £56 million for businesses all over the UK.

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