Cars: Credit — Written Question

Question

Mr Gregory Campbell

Democratic Unionist Party — East Londonderry

To ask the Chancellor of the Exchequer, pursuant to the Answer of 9 June 2025 to Question 56735 on Cars: Credit, what assessment she has made of the adequacy of the banking sectors' resilience in ensuring the scale of regulated motor finance is manageable

Answer

Emma Reynolds

HM Treasury works in close coordination with the Bank of England, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), monitoring the resilience of the banking sector and the overall stability of consumer credit markets, in...

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