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Lord Howell of Guildford (Con)

Speaking in the House of Lords on 4 June 2025

Debate

Denial of Banking Services: UK Defence Sector

Contribution

My Lords, it sounds as though the Government are well aware that this is a fairly widespread practice, particularly among the larger lending banks. What advice have they therefore given to the banks about defining what the defence sector is? The defence sector, of course, through its supply chains, affects the vast bulk of British industry, so it is important that they define it in a sensible way.

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