Written question asked by Oliver Dowden (Conservative) on Tuesday, 30 June 2026, in the House of Commons. It was due for an answer on Thursday, 2 July 2026. It was answered by Rachel Blake (Labour) on Tuesday, 7 July 2026 on behalf of the Treasury.
Drax Group
- Question
-
To ask the Chancellor of the Exchequer, whether any Minister or special adviser has had any communication with the Financial Conduct Authority on its investigation into Drax Group plc since August 2025.
- Answer
-
The FCA is an independent regulator, and this independence is vital to its role. While the Government is responsible for the overall framework for financial services regulation, it cannot intervene in the FCA's operational decision-making, including its investigative and enforcement activities.
Its credibility, authority and value to consumers would be undermined if it were possible for the government to do so.
Secondary information
- Type
- Written question
- Reference
- 14370
- Session
- 2026-27
- Related items
- Grouped for answer
- Yes
- Subjects
- Special advisers Treasury Drax Group Financial Conduct Authority
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-07-16 10:20:29 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/14370
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/14370
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/14370