To ask the Chancellor of the Exchequer, if his Department will make an assessment of the level of potential (a) inefficiencies and (b) inequalities in credit scoring systems.

The Financial Conduct Authority (FCA) recently published an interim report on its Credit Information Market Study, which looks at how the credit information sector is working and how it could be improved. This includes consideration of the purpose, quality and accessibility of credit information. It can be found at: https://www.fca.org.uk/publications/market-studies/ms19-1-credit-information-market-study.

The Treasury is engaging with the FCA, as well as industry and consumer groups, on the emerging findings of the Market Study.