Written questions

Business: Ethnic Groups

Commons · Question 62743 · Tabled 25 Jun 2025 · Department for Business and Trade · Official record

Answered 3 Jul 2025

Question

Asked by Sarah Olney

To ask the Secretary of State for Business and Trade, what discussions he has had with the (a) Financial Conduct Authority and (b) Prudential Regulation Authority on (i) monitoring and (ii) supporting equitable outcomes for ethnic minority businesses.

Answer

Answered by Gareth Thomas, 3 Jul 2025

The government’s approach to support equitable outcomes for businesses led by ethnic minorities and other underserved groups is to work with the financial services sector, building on a shared commitment to fairness and equality and exchanging knowledge o...