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947642
registered interest false more like this
date less than 2018-07-24more like thismore than 2018-07-24
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Financial Services more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what steps they are taking to advance the UK’s position as an international financial centre. more like this
tabling member printed
Viscount Waverley more like this
uin HL9898 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-08-02more like thismore than 2018-08-02
answer text <p>The UK is home to the world’s preeminent financial centre and the government is committed to maintaining and enhancing this position. In addition to our natural advantages, such as a central time zone and the English language, we have strengths across all the major sectors – banking, asset management, and insurance – alongside a globally respected regulatory system, and world-class legal and professional services.</p><p> </p><p>As the Chancellor of the Exchequer set out in his Mansion House speech in June, the government has a long-term vision for the future of UK financial services, based on ensuring the continued innovation, resilience, and openness of the sector. This includes strengthening the UK’s already world-leading positions in the markets of the future, whether in Fintech, green and sustainable finance, or rupee and renminbi products.</p> more like this
answering member printed Lord Bates more like this
question first answered
remove filter
answering member
1091
label Biography information for Lord Bates more like this
tabling member
1744
label Biography information for Viscount Waverley more like this