Written questions

Financial Services: Ethnic Groups

Commons · Question 62745 · 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, whether he has considered convening a cross-agency taskforce with the (a) Financial Conduct Authority, (b) Prudential Regulation Authority, (c) British Business Bank, (d) HM Treasury and (e) Lending St

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...