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United Kingdom · Question · Written question

UIN 24439

Payments: Innovation

answeredUnited Kingdom· UK Parliament· EN

Introduced

28 August 2026

Last action

4 September 2026 · Answer

Status

Answered

Sponsors

Callum Anderson

Subjects

Discovery layer

Source updated

4 September 2026

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of the proposed payments innovation objective on the time taken by innovative payments businesses to obtain regulatory approval.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 28 August 2026

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of the proposed payments innovation objective on the time taken by innovative payments businesses to obtain regulatory approval.

    Source: Commons

  2. 4 September 2026

    Answer

    The Government has announced that it will seek to introduce a new secondary objective for the Bank of England to support safe innovation in vital payment systems and new forms of digital money, while ensuring that financial stability remains the Bank’s fi...

    Source: Written answer

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