To ask Mr Chancellor of the Exchequer, what plans he has to change the rules governing the level of business lending allowed through non-bank finance providers including peer-to-peer platforms before the UK leaves the EU.
This question was answered on 5th September 2017
Neither the Government nor the financial regulators set rules regarding levels of business lending allowed through non-bank finance providers. The Government regulates only where there is a clear case for doing so, to avoid putting additional costs on lenders that would ultimately lead to higher costs for business customers.