Written Question·Department for Business and Trade·UIN 62743
Business: Ethnic Groups
Tabled: 25 June 2025
Answered: 3 July 2025
Question
Sarah Olney
Liberal Democrat — Richmond Park
To ask the Secretary of State for Business and Trade, what discussions he has had with the (a) Financial Conduct Authority and (b) Prudential Regulation Authority on (i) monitoring and (ii) supporting equitable outcomes for ethnic minority businesses.
Answer
Gareth ThomasThe government’s approach to support equitable outcomes for businesses led by ethnic minorities and other underserved groups is to work with the financial services sector, building on a shared commitment to fairness and equality and exchanging knowledge o...
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