Cars: Credit
Commons · Question 59714 · Tabled 13 Jun 2025 · Treasury · Official record
Answered 18 Jun 2025
Question
Asked by Gregory Campbell
To ask the Chancellor of the Exchequer, pursuant to the Answer of 9 June 2025 to Question 56735 on Cars: Credit, what assessment she has made of the adequacy of the banking sectors' resilience in ensuring the scale of regulated motor finance is manageable
Answer
Answered by Emma Reynolds, 18 Jun 2025
HM Treasury works in close coordination with the Bank of England, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), monitoring the resilience of the banking sector and the overall stability of consumer credit markets, in...