Written Question·Treasury·UIN 14370
Drax Group
Tabled: 30 June 2026
Answered: 7 July 2026
Question
Sir Oliver Dowden
Conservative — Hertsmere
To ask the Chancellor of the Exchequer, whether any Minister or special adviser has had any communication with the Financial Conduct Authority on its investigation into Drax Group plc since August 2025.
Answer
Rachel BlakeThe FCA is an independent regulator, and this independence is vital to its role. While the Government is responsible for the overall framework for financial services regulation, it cannot intervene in the FCA's operational decision-making, including its i...
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