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United Kingdom · Question · Written question

UIN 84946

Overseas Companies: Bank Services

answeredUnited Kingdom· UK Parliament· EN

Introduced

11 November 2022

Last action

16 November 2022 · Answer

Status

Answered

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Discovery layer

Source updated

16 November 2022

Summary

To ask the Chancellor of the Exchequer, whether his Department is taking steps to help ensure that small and medium-sized enterprises with headquarters in other countries are able to access UK bank accounts.

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

Timeline

  1. 11 November 2022

    Written question

    To ask the Chancellor of the Exchequer, whether his Department is taking steps to help ensure that small and medium-sized enterprises with headquarters in other countries are able to access UK bank accounts.

    Source: Commons

  2. 16 November 2022

    Answer

    The provision of banking services is a commercial decision for firms based on a variety of factors, including the local law, regulation of individual countries, an assessment of profitability, or other commercial drivers. Therefore, while the Government r...

    Source: Written answer

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