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754003
registered interest false more like this
date less than 2017-07-19more like thismore than 2017-07-19
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Crowdfunding more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what plans he has to support the development of peer-to-peer lending business platforms. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson more like this
uin 6055 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-09-05more like thismore than 2017-09-05
answer text <p>The government believes that Peer-to-Peer (P2P) platforms can deliver innovative forms of finance for both consumers and business that can provide competition in the marketplace. The government has therefore implemented a proportionate, principles based regime for P2P lending that balances the need for consumer protection with allowing the sector to grow and evolve.</p><p> </p><p>The British Business Bank has channelled £120m of investment to UK businesses through P2P platforms.</p> more like this
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
question first answered
remove filter
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4061
label Biography information for Bill Esterson remove filter