Financial Institutions

Treasury written question – answered on 9th July 2014.

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Photo of Mark Hoban Mark Hoban Conservative, Fareham

To ask the Chancellor of the Exchequer what assessment he has made of the role of private equity in providing capital to the (a) banking sector and (b) insurance sector.

Photo of Andrea Leadsom Andrea Leadsom The Economic Secretary to the Treasury

This question has been passed on to the Presidential Regulation Authority (PRA). The PRA will reply to directly to my hon. Friend by letter. A copy of the letter will be placed in the Library of the House.

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