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United Kingdom · Question · Written question

UIN 4945

Payments

answeredUnited Kingdom· UK Parliament· EN

Introduced

29 May 2026

Last action

4 June 2026 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

4 June 2026

Summary

To ask the Chancellor of the Exchequer, what steps her Department is taking to support the creation of a domestic payments system.

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

Timeline

  1. 29 May 2026

    Written question

    To ask the Chancellor of the Exchequer, what steps her Department is taking to support the creation of a domestic payments system.

    Source: Commons

  2. 4 June 2026

    Answer

    The UK has long been a global leader in payments, being one of the first countries to establish a system for near instant digital payments with the launch of Faster Payments System in 2008. The Government wants to ensure the UK is ready and able to seize ...

    Source: Written answer

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