Written Question·Ministry of Defence·UIN 27513

Defence: Bank Services

Tabled: 30 January 2025
Answered: 5 February 2025
Named Day

Question

Mr Mark Francois

ConservativeRayleigh and Wickford

To ask the Secretary of State for Defence, whether his Department has received representations from small and medium-sized defence companies on difficulties in securing bank accounts.

Answer

Maria Eagle
The difficulties that smaller defence suppliers can have in accessing finance, including opening a bank account, have been raised with the Department and were recognised in the Defence Industrial Strategy Statement of Intent published in December 2024. Ta...

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