M
Member
Speaking in the House of Lords on 7 September 2026
Debate
Financial Services and Markets Bill [HL]Contribution
In the USA, CDFIs now hold over £300 billion in outstanding loans. They are the primary way in which small businesses borrow. In the UK, the amount of borrowing is £188 million. If anyone wants to understand the difference in resilience and growth in our two economies, much of it lies in those numbers.
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