Written Question·Department for Business and Trade·UIN 27124

Defence: Financial Services

Tabled: 29 January 2025

Answered: 7 February 2025

Question

Mr Mark Francois

To ask the Secretary of State for Business and Trade, if he will take steps to (a) encourage (i) banks and (ii) investors to provide financial (A) services and (B) investment to defence firms and (b) monitor the effectiveness of such steps.

Answer

Gareth Thomas

The Secretary of State for Business and Trade met representatives of the defence and financial services industries on 12 December 2024, to discuss how environmental, social and governance (ESG) principles are being applied to companies in defence and the ...

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