§ Mr. Freemanasked the Secretary of State for Trade and Industry, for the last 12 months, what is the approximate average length of time for consideration by his Department of loan guarantee scheme proposals by banks.
§ Mr. TrippierOver the past 12 months the average time taken by my department to process loan guarantee scheme applications, from the date the application is received to the date the papers are returned to the banks, has been about 7 to 8 working days.