Written Question·Treasury·UIN 111322
Bank of China: Greater London
Tabled: 5 February 2026
Answered: 12 February 2026
Question
Callum Anderson
Labour — Buckingham and Bletchley
To ask the Chancellor of the Exchequer, what steps she has taken to ensure UK firms are impacted the designation of the Bank of China’s London Branch as the UK’s second renminbi clearing bank.
Answer
Lucy RigbyThe agreements reached at the first UK‑China Financial Working Group in Beijing will strengthen cooperation with China in ways that support the UK’s position as an open, competitive and well‑regulated international financial centre, supporting jobs and gr...
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