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62568
registered interest false more like this
date less than 2014-06-18more like thismore than 2014-06-18
answering body
HM Treasury more like this
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 Small Businesses: 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, pursuant to the Answer of 11 June 2014, Official Report, column 160W, on venture capital, what steps he has taken to support crowdfunding and peer-to-peer (a) lending to and (b) investment in small businesses; and if he will assess the value of such forms of finance to the small and medium-size sector. more like this
tabling member constituency Kilmarnock and Loudoun more like this
tabling member printed
Cathy Jamieson more like this
uin 201391 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-25more like thismore than 2014-06-25
answer text <p>Crowdfunding and peer to peer lending are innovative new forms of finance that support competition in the business lending sector.</p><p> </p><p>The Government has taken a number of steps to support their growth, including bringing peer to peer lending within the scope of the Financial Conduct Authority (FCA), and announcing that the range of products that can be held in stocks and shares ISAs will be expanded to include loans made through peer to peer platforms.</p><p> </p><p>The Government also operates two tax-advantaged venture capital schemes which are used by equity crowdfunding investors; the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS).</p><p> </p><p> </p><p>The Government has not made any assessment of the value of investment in small and medium sized businesses from peer to peer lending and crowdfunding platforms.</p> more like this
answering member constituency South Northamptonshire more like this
answering member printed Andrea Leadsom more like this
question first answered
remove maximum value filtermore like thisremove minimum value filter
answering member
4117
label Biography information for Andrea Leadsom more like this
tabling member
4011
label Biography information for Cathy Jamieson remove filter