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Career Development Loans

Volume 464: debated on Monday 8 October 2007

To ask the Secretary of State for Innovation, Universities and Skills how many career development loans have been issued in the last 12 months through each of the banks involved in the scheme. (156390)

Career development loans are issued by three banks: Barclays bank, the Royal Bank of Scotland, and the Cooperative bank. Together the banks issued 13,502 loans with a total value of £71.5 million in the 12 months to 31 March 2007. I am unable to provide information for each bank as this would breach commercial confidentiality.