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The Treasury has statutory powers to issue directions to the Bank of England, which can only be used under specific conditions or circumstances. None of the powers outlined below have ever been used.<\/p>
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The Bank of England also has powers to direct the Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR).<\/p>
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<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4580", "label" : {"_value" : "Biography information for Baroness Vere of Norbiton"} } , "answeringMemberPrinted" : {"_value" : "Baroness Vere of Norbiton"} , "dateOfAnswer" : {"_value" : "2024-03-27", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "HL3262"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2024-03-27T11:34:54.07Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2024-03-13", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Bank of England"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask His Majesty's Government what, if any, statutory powers they have to issue binding directions to the Bank of England; and on how many occasions in each year since 2007 they have been exercised.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4196", "label" : {"_value" : "Biography information for Lord Sharkey"} } , "tablingMemberPrinted" : [{"_value" : "Lord Sharkey"} ], "uin" : "HL3261"} , {"_about" : "http://data.parliament.uk/resources/637335", "AnsweringBody" : [{"_value" : "Department for Exiting the European Union "} ], "answer" : {"_about" : "http://data.parliament.uk/resources/637335/answer", "answerText" : {"_value" : "
All departments are equipping themselves with the resources they need to get the best deal for the UK. The Department for Exiting the European Union now has just over 300 staff, and is growing fast. We are not in a position to give a final total for particular groups of staff as recruitment is ongoing and we will not be giving a running commentary. The Government is united in its ambition to deliver a successful withdrawal from the EU and a new relationship with Europe.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4535", "label" : {"_value" : "Biography information for Lord Bridges of Headley"} } , "answeringMemberPrinted" : {"_value" : "Lord Bridges of Headley"} , "dateOfAnswer" : {"_value" : "2016-11-29", "_datatype" : "dateTime"} , "groupedQuestionUIN" : [{"_value" : "HL3261"} , {"_value" : "HL3262"} ], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2016-11-29T16:01:42.653Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "203"} , "answeringDeptShortName" : {"_value" : "Exiting the European Union "} , "answeringDeptSortName" : {"_value" : "Exiting the European Union "} , "date" : {"_value" : "2016-11-15", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Department for Exiting the European Union: Civil Servants"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty\u2019s Government how many civil servants are employed by the Department for Exiting the European Union; and how many more they plan to recruit.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/259", "label" : {"_value" : "Biography information for The Marquess of Lothian"} } , "tablingMemberPrinted" : [{"_value" : "The Marquess of Lothian"} ], "uin" : "HL3260"} , {"_about" : "http://data.parliament.uk/resources/637336", "AnsweringBody" : [{"_value" : "Department for Exiting the European Union"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/637336/answer", "answerText" : {"_value" : "
All departments are equipping themselves with the resources they need to get the best deal for the UK. The Department for Exiting the European Union now has just over 300 staff, and is growing fast. We are not in a position to give a final total for particular groups of staff as recruitment is ongoing and we will not be giving a running commentary. The Government is united in its ambition to deliver a successful withdrawal from the EU and a new relationship with Europe.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4535", "label" : {"_value" : "Biography information for Lord Bridges of Headley"} } , "answeringMemberPrinted" : {"_value" : "Lord Bridges of Headley"} , "dateOfAnswer" : {"_value" : "2016-11-29", "_datatype" : "dateTime"} , "groupedQuestionUIN" : [{"_value" : "HL3260"} , {"_value" : "HL3262"} ], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2016-11-29T16:01:42.717Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "203"} , "answeringDeptShortName" : {"_value" : "Exiting the European Union"} , "answeringDeptSortName" : {"_value" : "Exiting the European Union"} , "date" : {"_value" : "2016-11-15", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Department for Exiting the European Union: Staff"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty\u2019s Government how many negotiators they have employed to conduct exit negotiations with the EU; what plans they have to recruit further negotiators and from what source; and how many in total they estimate will be required.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/259", "label" : {"_value" : "Biography information for The Marquess of Lothian"} } , "tablingMemberPrinted" : [{"_value" : "The Marquess of Lothian"} ], "uin" : "HL3261"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 3, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }