Banks: Finance
Commons · Question 2333 · Tabled 18 May 2026 · Treasury · Official record
Answered 26 May 2026
Question
Asked by Andrew Snowden
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the proposed Growth Allowance within the ring-fencing reforms on the availability of finance for small and medium-sized enterprises across the UK.
Answer
Answered by Rachel Blake, 26 May 2026
This Government published the outcome of its review of the ring-fencing regime on 18 May, fulfilling the Chancellor’s commitment to uphold the regime while taking forward meaningful reform. This included plans to introduce a New Growth Allowance to enable...