Future of Financial Services
Debate between Lord McNicol of West Kilbride and Lord Bilimoria
Wednesday 11th November 2020
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(4 years ago)
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The Deputy Speaker (Lord McNicol of West Kilbride) (Lab)
Let us move to the next speaker and we will come back. Apologies, Lord Flight, but you were breaking in and out.
Lord Bilimoria (CB) [V]
My Lords, we look forward to the Ron Kalifa report on fintech. The trade credit insurance guarantees making a real difference. Would the Government agree it should be extended until June 2021? Will the Government consider instituting a new 3i-type funding to help provide equity finance for funding, recovery and scale-up? Will the Minister clarify if the Government will consider reinstituting a Green Investment Bank—a question that has been asked before? Finally, will the Minister agree that getting an EU deal with make equivalence much easier to resolve?