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Written question asked by John Lamont (Conservative) on Thursday, 17 July 2025, in the House of Commons. It was due for an answer on Monday, 21 July 2025. It was answered by Justin Madders (Labour) on Thursday, 24 July 2025 on behalf of the Department for Business and Trade.

Class Actions: Economic Situation

Question

To ask the Secretary of State for Business and Trade, what assessment he has made with Cabinet colleagues of the potential impact of class action lawsuits on levels of (a) inward investment and (b) economic growth.

Answer

I engage regularly with both stakeholders and my Cabinet colleagues on a wide range of issues, including how we can prioritise and encourage economic growth.

The department’s remit is limited to collective actions brought in relation to competition issues. In that context, class actions can improve access to justice where bringing a claim would otherwise be impractical or unaffordable.

A robust competition regime, including a route that enables consumers (including businesses) to seek redress through litigation, facilitates consumer protection and encourages investment and growth.

Secondary information

Type
Written question
Reference
68843
Session
2024-26
Grouped for answer
Yes
Subjects
Economic growth Foreign investment in UK Class actions
Link
View this Written question on www.parliament.uk