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To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to page 23 of his Department's annual review of the FSDA - Financial Sector Deepening Africa Platform, published in January 2026, what the financial return to date has been on the £82.2 million in commitments signed...
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to page 23 of his Department's annual review of the FSDA - Financial Sector Deepening Africa Platform, published in January 2026, what the financial return to date has been on the £82.2 million in commitments signed...
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to the FCDO annual review of the FSDA - Financial Sector Deepening Africa Platform, reviewed on 17 October 2025, what proportion of FSDAi's £82.2 million of signed investment commitments had generated a positive financial return.
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to the FCDO annual review of the FSDA - Financial Sector Deepening Africa Platform, reviewed on 17 October 2025, what proportion of FSDAi's £82.2 million of signed investment commitments had generated a positive financial return.
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to the FCDO annual review of the FSDA - Financial Sector Deepening Africa Platform, reviewed on 17 October 2025, what assessment has been made of the effectiveness of providing “high risk-high finance” investment capital through FSDAi...
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to the FCDO annual review of the FSDA - Financial Sector Deepening Africa Platform, reviewed on 17 October 2025, what assessment has been made of the effectiveness of providing “high risk-high finance” investment capital through FSDAi...
The Financial Services and Markets Bill [HL] is a wide-ranging bill that aims to reform the way the UK financial services sector is regulated. This briefing provides a summary of the bill’s second reading and committee stage in the House of Lords ahead of its further consideration at report.
The Financial Services and Markets Bill [HL] is a wide-ranging bill that aims to reform the way the UK financial services sector is regulated. This briefing provides a summary of the bill’s second reading and committee stage in the House of Lords ahead of its further consideration at report.
Last night I delivered my annual Mansion House speech at the Financial and Professional Services Dinner at Mansion House.
In my speech, I announced a package of further reforms to unlock investment across the country, increase access to finance for growing businesses and position the UK at the forefront of financial...
Last night I delivered my annual Mansion House speech at the Financial and Professional Services Dinner at Mansion House.
In my speech, I announced a package of further reforms to unlock investment across the country, increase access to finance for growing businesses and position the UK at the forefront of financial...
My honourable friend, Rachel Reeves MP (Chancellor of the Exchequer) has today made the following statement.
Last night I delivered my annual Mansion House speech at the Financial and Professional Services Dinner at Mansion House.
In my speech, I announced a package of further reforms to unlock investment across the country, increase...
My honourable friend, Rachel Reeves MP (Chancellor of the Exchequer) has today made the following statement.
Last night I delivered my annual Mansion House speech at the Financial and Professional Services Dinner at Mansion House.
In my speech, I announced a package of further reforms to unlock investment across the country, increase...
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment she has made of the potential impact of British International Investment’s use of public funds to support private equity activity on levels of wider retail participation in equity investment.
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment she has made of the potential impact of British International Investment’s use of public funds to support private equity activity on levels of wider retail participation in equity investment.
The Foreign, Commonwealth & Development Office (FCDO) holds British International Investment (BII) to account for delivery of its five-year strategy through well-established governance arrangements. As part of these arrangements, the FCDO receives comprehensive access to information on BII's performance across a range of areas, ensuring BII provides value for money. This includes ensuring BII operates within an agreed target for its operating costs, and delivers on its financial return and development impact targets. By reinvesting reflows from its existing investments and mobilising private capital alongside its own, BII extends its impact and delivers value for the UK taxpayer.
BII invests to support productive, sustainable and inclusive private sector development in eligible developing countries. In its current five-year strategy, BII is aiming to mobilise up to £7.5 billion in private capital alongside its own investments, working with investors to deepen their understanding and engagement in developing economies.
At Mansion House 2025, as part of the Financial Services Growth and Competitiveness Strategy, my right honourable friend the Chancellor of the Exchequer (Rachel Reeves) confirmed her intention to uphold the ring-fencing regime to safeguard financial stability and depositors whilst taking forward meaningful reform to update the regime and support...
At Mansion House 2025, as part of the Financial Services Growth and Competitiveness Strategy, my right honourable friend the Chancellor of the Exchequer (Rachel Reeves) confirmed her intention to uphold the ring-fencing regime to safeguard financial stability and depositors whilst taking forward meaningful reform to update the regime and support...
My honourable friend the Economic Secretary to the Treasury (Rachel Blake) has today made the following Written Ministerial Statement.
At Mansion House 2025, as part of the Financial Services Growth and Competitiveness Strategy, my right honourable friend the Chancellor of the Exchequer (Rachel Reeves) confirmed her intention to uphold the ring-fencing...
My honourable friend the Economic Secretary to the Treasury (Rachel Blake) has today made the following Written Ministerial Statement.
At Mansion House 2025, as part of the Financial Services Growth and Competitiveness Strategy, my right honourable friend the Chancellor of the Exchequer (Rachel Reeves) confirmed her intention to uphold the ring-fencing...
Lords motion to consider. Agreed to on question.
Lords motion to consider. Agreed to on question.
My Lords, I will also speak to the Financial Services and Markets Act 2000 (Regulated Activities) (ESG Ratings) Order 2025. That order, which the Secondary Legislation Committee has identified as an instrument of interest in its 41st report, will bring the provision of environmental, social and governance ratings, commonly referred...
My Lords, I will also speak to the Financial Services and Markets Act 2000 (Regulated Activities) (ESG Ratings) Order 2025. That order, which the Secondary Legislation Committee has identified as an instrument of interest in its 41st report, will bring the provision of environmental, social and governance ratings, commonly referred...
My Lords, surely these instruments must be welcomed, and surely we all want a smarter regulatory framework. I thank the Minister for his helpful and concise outlining of the regulations and the order. There is a lot of business ahead and time is of the essence, so my brevity is...
My Lords, surely these instruments must be welcomed, and surely we all want a smarter regulatory framework. I thank the Minister for his helpful and concise outlining of the regulations and the order. There is a lot of business ahead and time is of the essence, so my brevity is...
My Lords, I will take these two statutory instruments in the order in which they are on the Order Paper, which is the reverse of the Minister’s discussion. That is not a criticism; it is just to explain where I am starting from.
The first of these two SIs removes the...
My Lords, I will take these two statutory instruments in the order in which they are on the Order Paper, which is the reverse of the Minister’s discussion. That is not a criticism; it is just to explain where I am starting from.
The first of these two SIs removes the...
My Lords, I, too, rise to speak to the two statutory instruments: the Financial Services and Markets Act 2000 (Regulated Activities) (ESG Ratings) Order 2025, and the Financial Services and Markets Act 2023 (Prudential Regulation of Credit Institutions) (Consequential Amendments) Regulations 2025.
I am content with the second of these instruments,...
My Lords, I, too, rise to speak to the two statutory instruments: the Financial Services and Markets Act 2000 (Regulated Activities) (ESG Ratings) Order 2025, and the Financial Services and Markets Act 2023 (Prudential Regulation of Credit Institutions) (Consequential Amendments) Regulations 2025.
I am content with the second of these instruments,...