Felicity Buchan
Main Page: Felicity Buchan (Conservative - Kensington)Department Debates - View all Felicity Buchan's debates with the HM Treasury
(3 years, 3 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Rishi Sunak
As part of the announcement made last week, half a billion pounds of discretionary funding is being made available to local councils. That comes on top of the £1.1 billion that was made available at the end of autumn last year. If local councils want, some of that funding can go to support the very people the hon. Gentleman is talking about.
Felicity Buchan (Kensington) (Con)
Financial services are very important to my constituency and to the country as a whole. I welcome the free trade agreement, but clearly there is more to be negotiated on financial services. Will my right hon. Friend outline how we can retain the strong relationship with Europe on financial services, while retaining autonomy to adapt the industry to our needs?
Rishi Sunak
I praise my hon. Friend for being a fantastic representative of her constituents when it comes to financial services. I have enjoyed my conversations with her, and I look forward to working with her and the industry to ensure that we maintain a close relationship with the EU, but also that we look to capitalise on the new opportunities, making sure that London remains a pre-eminent global centre and that the UK does its bit. Whether it is on greening the financial system or taking advantage of new digital technologies, we must lead the world, and I know that she will help me to do that.