Written Question·Treasury·UIN 55452
Banks: Innovation
Tabled: 30 May 2025
Answered: 9 June 2025
Question
Lisa Smart
Liberal Democrat — Hazel Grove
To ask the Chancellor of the Exchequer, what steps she is taking to ensure that banks support innovation in relation to (a) digital assets and (b) other areas.
Answer
Emma ReynoldsThe government recognises the transformative potential of new technologies in the financial services sector and has made innovation and technology one of the key pillars of its Financial Services Growth and Competitiveness Strategy. The government is comm...
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