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417025
star this property registered interest false more like this
star this property date less than 2015-09-07more like thismore than 2015-09-07
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading Public Expenditure more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government whether decisions on the next Comprehensive Spending Review will be taken before the outcome of the next Strategic Defence and Security Review. more like this
star this property tabling member printed
Lord West of Spithead more like this
star this property uin HL1945 remove filter
unstar this property answer
answer
star this property is ministerial correction true more like this
star this property date of answer less than 2015-09-21more like thismore than 2015-09-21
unstar this property answer text <p>The Spending Review will be published on 25<sup>th</sup> November, and work is currently underway on the National Security Strategy and Strategic Defence and Security Review (SDSR) which we expect to publish before the end of the year. These reviews will be closely aligned, recognising that economic security and national security are two sides of the same coin.</p><p> </p><p> </p><p> </p><p>At the Summer Budget, the Government committed to increased spending on defence and security, and to meet the properly measured NATO pledge to spend 2 per cent of GDP on defence every year of this decade. The allocation of a Joint Security Fund of up to an additional £1.5 billion per year by 2020/21, available to the Armed Forces and Security and Intelligence agencies, will also be based on the conclusions of the SDSR.</p><p> </p><p> </p><p> </p> more like this
star this property answering member printed Lord Bridges of Headley more like this
star this property question first answered
less than 2015-09-21T15:53:26.637Zmore like thismore than 2015-09-21T15:53:26.637Z
star this property question first ministerially corrected
less than 2015-09-22T14:57:30.78Zmore like thismore than 2015-09-22T14:57:30.78Z
unstar this property answering member
4535
star this property label Biography information for Lord Bridges of Headley more like this
star this property previous answer version
22475
star this property answering member printed Lord Bridges more like this
star this property answering member 3524
star this property tabling member
3834
unstar this property label Biography information for Lord West of Spithead more like this
1490859
star this property registered interest false more like this
star this property date less than 2022-07-19more like thismore than 2022-07-19
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Central Bank Digital Currencies more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what plans they have to provide an update on the progress of evaluating the potential benefits of a UK Central Bank Digital Currency. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL1945 remove filter
unstar this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2022-08-01more like thismore than 2022-08-01
unstar this property answer text The UK, like many other countries globally, is actively exploring the potential role of Central Bank Digital Currencies. A range of factors motivate the exploratory work, which the Bank of England has explored in their discussion paper, including: improving access to central bank money; increasing the resilience of payments; and developing more efficient, cheaper payments.<p> </p><p>No decision has yet been made on the issuance of a CBDC, which would be a major national infrastructure project, however; as part of the process of research and exploration, HM Treasury and the Bank of England will publish a consultation later in 2022 setting out their assessment of the case for a UK CBDC, including the merits of further work to develop an operational and technology model for a UK CBDC.</p> more like this
star this property answering member printed Baroness Penn more like this
star this property question first answered
less than 2022-08-01T14:09:14.267Zmore like thismore than 2022-08-01T14:09:14.267Z
unstar this property answering member
4726
star this property label Biography information for Baroness Penn more like this
star this property tabling member
1796
unstar this property label Biography information for Lord Taylor of Warwick more like this