Dame Chi Onwurah

Dame Chi Onwurah

Labour — Newcastle upon Tyne Central and West

Speaking in the House of Commons on 16 July 2025

Debate

Financial Services Reform

Contribution

The Science, Innovation and Technology Committee’s inquiry into regional innovation and growth has repeatedly heard that access to capital outside London and the south-east is the biggest barrier to start-ups scaling up and delivering growth and jobs. The reforms that the Minister has set out to reintroduce informed risk taking, which I am sure will be prudently implemented, should realise capital to catalyse growth. Can she say a little about how this will deliver more capital investment into the productive economy of the north-east?

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