Written Question·Department for Business and Trade·UIN 27125

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 introduce financial (a) incentives and (b) guarantees to encourage (i) banks and (ii) investment firms to support the defence sector; and what assessment he has made of the potential impact

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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