Written Question·Treasury·UIN 14970
Revenue and Customs: Bank Services
Tabled: 19 November 2024
Answered: 25 November 2024
Named DayQuestion
Mr Richard Holden
Conservative — Basildon and Billericay
To ask the Chancellor of the Exchequer, on what criteria HMRC awards a contract to provide it with banking services; and whether those criteria include (a) the ownership of the bank and (b) whether the Government owns shares in the bank.
Answer
James MurrayThe criteria HMRC uses as a contracting authority to award Government banking services are guided by the Cabinet Office Sourcing Playbook, and for clarity includes the following: Economic & Financial Standing,Security & Accessibility,Management Ac...
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