At 10.10am on Wednesday 3 September, the House of Lords Financial
Services Regulation Committee will hear evidence from:
- Louis Taylor CBE, Chief Executive Officer of the British
Business Bank
- Martin McTague OBE, National Chair of the Federation of Small
Businesses (FSB)
- Irene Graham OBE, Chief Executive Officer of the ScaleUp
Institute.
They will be giving evidence to the committee's inquiry into the
growth of private markets in the UK following regulatory capital
and liquidity reforms introduced after the 2008 financial crisis.
This evidence session, which is open to the public, will be held
in Committee Room 1 of the House of Lords and streamed live and
on demand on Parliament TV.
Topics the committee is likely to cover in these sessions
include:
- The current state of the business lending market in the UK,
and the wider availability and accessibility of external finance
to SMEs, startups, and scale-ups.
- Whether there is a constraint on small businesses' ability to
access finance, particularly through banks, and to what extent
this represents a material constraint on the ability of smaller
firms to grow and remain in the UK.
- The trends in the different sub-markets for business lending
in the UK, and what businesses' demand for finance looks like in
the UK.
- How the provision of finance to small businesses has changed
over time, and how businesses access the range of finance
services they need to grow.
More about the Financial Services Regulation
Committee
The Financial Services Regulation Committee was created in early
2024 following the passing of the Financial Services and Markets
Act 2023 which repealed retained EU law for financial services
and established a new framework for the regulation of financial
services in the United Kingdom.
The committee is chaired by of Drumlean. Its members are:
; ; ; ; ; ; ; ; ; ; ; and .
The committee has published a call for evidence. The
deadline for written submissions is Thursday 18 September 2025.