Written Question·Department for Business and Trade·UIN 62745

Financial Services: Ethnic Groups

Tabled: 25 June 2025
Answered: 3 July 2025

Question

Sarah Olney

Liberal DemocratRichmond Park

To ask the Secretary of State for Business and Trade, whether he has considered convening a cross-agency taskforce with the (a) Financial Conduct Authority, (b) Prudential Regulation Authority, (c) British Business Bank, (d) HM Treasury and (e) Lending St

Answer

Gareth Thomas
The government’s approach to support equitable outcomes for businesses led by ethnic minorities and other underserved groups is to work with the financial services sector, building on a shared commitment to fairness and equality and exchanging knowledge o...

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