Construction: Government Assistance

Business, Enterprise and Regulatory Reform written question – answered am ar 28 Ebrill 2009.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Jeff Ennis Jeff Ennis Llafur, Barnsley East and Mexborough

To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform

(1) what estimate he has made of the proportion of businesses in the construction and building industries that could be eligible for assistance under the Government's loan guarantee scheme;

(2) whether there are any restrictions on businesses in the construction and building industries applying for assistance under the Government's loan guarantee scheme.

Photo of Ian Pearson Ian Pearson Parliamentary Under-Secretary (Economic and Business), Department for Business, Enterprise & Regulatory Reform, Economic Secretary (Economic and Business), HM Treasury

The enterprise finance guarantee is intended to be available to the widest range of viable small and medium sized businesses with a turnover of under £25 million as possible. No estimates were made in relation to potential effects on specific sectors.

The EFG sector restrictions were recently reviewed and an overview of the main restrictions has been published on the BERR website. There remain sector restrictions on the owning and dealing in real estate.

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No1 person thinks not

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