Written Question·Treasury·UIN 106092

Banks: Licensing

Tabled: 15 January 2026
Answered: 22 January 2026
Named Day

Question

Gareth Thomas

Labour (Co-op)Harrow West

To ask the Chancellor of the Exchequer, how many businesses have applications pending for banking licences.

Answer

Lucy Rigby
The Treasury does not hold this information. This is a matter for the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), which are operationally independent from government and responsible for authorising firms seeking to offer b...

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