Government business loan funding figure exceeds £27 billion

Data published by HM Treasury revealed that lenders have so far approved £27.5 billion to more than 650,000 businesses through the three major government-backed lending schemes.

In the past week alone, more than £5.4 billion in lending has been provided to over 146,000 firms through government-backed lending schemes. The Bounce Back Loan scheme has been by far the most popular with £18.45 billion provided - with £4.3 billion approved in the last week alone.

[UPDATED 21 JUNE 2020]

Coronavirus Business Interruption Loan Scheme (CBILS)

Coronavirus Large Business Interruption Loan Scheme (CLBILS)

Bounce Back Loan Scheme (BBLS)

The data provided is from 10 May 2020 onwards. The CBILS scheme launched on 23 March 2020.