Lord Taylor of Warwick – 2015 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Lord Taylor of Warwick on 2015-10-28.

To ask Her Majesty’s Government whether any discussions are taking place about supporting ING Groep NV’s plans to expand their small-business lending programme.

Baroness Neville-Rolfe

The government wishes to see a diverse and competitive market for lending to small and medium businesses and welcomes new entrants to that market. We are aware of ING’s recent equity investment in an online lending platform. That is a commercial matter for ING which the government has not discussed with the company.