Question follow-through · 48501

BetIndex and Football Index

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of allocating a portion of the financial penalties collected by the Financial Conduct Authority to fund financial redress to people affected by the collapse

answeredTreasury

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Treasury
Tabled
28 Apr 2025
Target answer date
30 Apr 2025
Answer
7 May 2025 · 9 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

Recorded timeline

  1. 28 Apr 2025

    Question tabled

    To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of allocating a portion of the financial penalties collected by the Financial Conduct Authority to fund financial redress to people affected by the collapse

  2. 30 Apr 2025

    Target answer date

    Date supplied by the official written-questions record.

  3. 7 May 2025

    Answer published

    The government recognises the significant impact the collapse of BetIndex Ltd had on former customers. Revenue from FCA fines is used to benefit the taxpaying public. First, the FCA deducts the costs of enforcement from its fine income. Any money left ove...

Open official record

Official data retrieved 28 Sept 2026.

Later records

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