B

Baroness Neville-Rolfe (Con)

Speaking in the House of Lords on 3 April 2025

Debate

Basel 3.1

Contribution

My Lords, the removal of the SME support factor when Basel 3.1 is implemented will lead to higher capital charges for loans to our vital small and medium-sized companies. Can the Minister update the House on the Government’s assessment of the implications for small business, especially for those ready to take entrepreneurial risk, which is needed for the growing economy that he mentioned?

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