Mark Pritchard

I am aware of the pressure the extension of the congestion charge is placing on all who worship in those London parishes that are located within the boundary of the charge, and who must travel to them from outside that boundary. Though the Church Commissioners have not made formal representations, I am aware that approaches have been made to the Mayor of London by Churches Together in Westminster including St Martin-in-the-Fields and St James's, Piccadilly, alongside other denominations and faiths. Concern has been raised about the knock-on impact on social action project work carried out by many central London places of worship, which may see a fall in donations as a result of fewer regular worshippers or visitors.

The cyber threat landscape and tools commercially available to hostile actors are diverse, but the UK is clear that it will not tolerate malicious cyber activity and will react robustly and proportionately to the threat using the full spectrum of HMG capabilities at our disposal.

The National Cyber Security Centre (NCSC) and the Centre for the Protection of Critical National Infrastructure (CPNI) provides ongoing advice and guidance for Government departments, Critical National Infrastructure, businesses, organisations and the general public.

Working closely with industry partners and experts through campaigns like ‘Industry 100’, Cyber Essentials and Cyber Aware, they produce guidance and support that sets out protective measures that can be taken to protect against a range of threats and threat actors, including espionage and cyber-attacks.

The cyber threat landscape and tools commercially available to hostile actors are diverse, but the UK is clear that it will not tolerate malicious cyber activity and will react robustly and proportionately to the threat using the full spectrum of HMG capabilities at our disposal.

The National Cyber Security Centre (NCSC) and the Centre for the Protection of Critical National Infrastructure (CPNI) provides ongoing advice and guidance for Government departments, Critical National Infrastructure, businesses, organisations and the general public.

Working closely with industry partners and experts through campaigns like ‘Industry 100’, Cyber Essentials and Cyber Aware, they produce guidance and support that sets out protective measures that can be taken to protect against a range of threats and threat actors, including espionage and cyber-attacks.

In the light of our growing international programme of space collaborations, it would be timely for us to consider the opportunities this programme might offer within funding constraints. I shall instruct officials at the UK Space Agency to discuss this with their counterparts at NASA.

As stated in the Roadmap for Recovery, the Government anticipates that close proximity businesses such as hairdressers and barbers will be opened as part of Phase 3 in July, should the science confirm that it is safe to do so.

Hairdressers and other beauty businesses still remain closed in the current phase because the risk of transmission in these environments is higher due to the indoor environment and closer physical contact. This also applies to mobile hairdressers.

The Department for Business, Energy and Industrial Strategy leads the non-essential Retail Taskforce. Part of this taskforce is focussed on salons and non-clinical therapy. We are working with the sector to develop guidance on safer ways for them to open at the earliest point at which it is safe to do so. The guidance will be published in June.

We remain in regular contact with stakeholders, including UKHospitality, UKInbound and the Association of British Travel Agents, to closely monitor COVID-19’s economic impact on the leisure and hospitality sectors. No estimate has been made by my Department of the number of potential redundancies as a result of a 14 day quarantine.

We appreciate that the quarantine measures will present difficulties for these sectors. The quarantine policy will be reviewed regularly and the first review will take place in the week beginning 28 June. We are also working with the transport industry to see how we can introduce agreements with other countries when safe to do so, so we can go abroad and tourists can come here.

Leisure and hospitality businesses and workers can access the Government’s economic support package. These include the recently extended Coronavirus Job Retention Scheme, loan schemes, as well as business rates relief and grants for eligible retail, hospitality and leisure businesses.

It is vital that people continue to be active during the Covid-19 outbreak to support their physical and mental health

On 11 May, Government published updated guidance on lockdown measures, including updates on how people can remain active. From Wednesday 13 May, people are allowed to go outside more than once a day for exercise as long as they are following social distancing guidelines, alone, with members of their household, or with one person from outside of their household. People must still only exercise in groups of no more than two people, unless they are exercising with their household.

All outdoor sports and physical activities are now permitted, without time limit, including angling, with the exception of swimming in an open-air swimming pool. This does not apply to individuals’ private swimming pools within their own homes.

Day to day operational management of The Royal Parks is matter for The Royal Parks charity. I have asked the Chief Executive to write to you to respond to your questions.

Day to day operational management of The Royal Parks is matter for The Royal Parks charity. I have asked the Chief Executive to write to you to respond to your questions.

The Government announced in-principle support in October 2019 for the Mobile Network Operators’ (MNOs) Shared Rural Network (SRN) proposal. The proposal would share investment costs between the mobile network operators and government and increase 4G mobile coverage throughout the United Kingdom to 95% by 2025. It will be underpinned by a legally binding coverage commitment from each operator.

The Government's in-principle support is subject to detailed negotiations. While this is not yet a done deal, the Prime Minister has made improvements to rural mobile coverage part of his first 100 days pledge. I will continue to work with the sector to make that happen, but I will also explore all possible options to meet our mobile coverage ambitions, including rural roaming.

The exact site deployment plans and timescales will be managed by the MNOs themselves in order for them to best deliver the agreed coverage outcomes. So until the operators’ final radio planning exercise is complete, neither the Government nor the operators will know the precise location or number of new or upgraded masts. However, the operators will be consulting with local communities as the SRN rolls out across the UK.

According to Thinkbroadband, currently, 93.7% of Shropshire has access to superfast broadband - up from 5% in 2011. This improvement is thanks to the investment that both the government and Shropshire County council have made towards superfast rollout in Shropshire, including parts of Wrekin.

Taking into account the Council’s current contracts with British Telecommunications plc (BT) and Airband Community Internet Ltd, together with additional commercial commitments, Shropshire County Council expect 97% of premises in the Council area will have access to superfast broadband by 2021.

The Wrekin constituency currently has 97% of premises with access to superfast speeds, up from 72% in 2011.

Our Voucher scheme through the Rural Gigabit Connectivity Programme is available to all rural areas in the UK and there are a number of providers who have been very active in utilising this and our previous voucher schemes in Shropshire, for example SWS Broadband who are headquartered in Shrewsbury.

The Department has worked closely with Public Health England (PHE) and stakeholders on our approach and guidance throughout the Department’s COVID-19 response. We have worked with PHE to devise a hierarchy of controls for all education settings which, when implemented, will create an inherently safer system where the risk of transmission of the infection is substantially reduced. This includes measures such as ensuring that anyone with symptoms does not attend their education settings, cleaning hands regularly, good respiratory hygiene, regular cleaning of touched surfaces, minimising contact and mixing and, where needed, use of personal protective equipment (PPE).

The majority of staff in schools and nurseries will not require PPE beyond what they would normally need for their work, even if they are not always able to maintain distance of 2 meters from others. Our guidance sets out clearly the limited circumstances in which PPE is required in educational settings, which is available here: https://www.gov.uk/government/publications/safe-working-in-education-childcare-and-childrens-social-care/safe-working-in-education-childcare-and-childrens-social-care-settings-including-the-use-of-personal-protective-equipment-ppe.

We are in discussions with Universities UK and other sector representatives on a regular basis to ensure that international higher education students are welcomed to the UK and we expect international students to be supported upon arrival by their chosen university during these unprecedented times.

We welcome the actions of Universities UK, who have set out principles for the sector to consider as it prepares for the autumn term, including encouraging higher education providers to think about how to support students during the self-isolation period.

The department has also published guidance to support providers in making decisions on re-opening campuses and buildings to students and staff ahead of the academic year 2020/21. Further information on this guidance can be found here: https://www.gov.uk/government/publications/higher-education-reopening-buildings-and-campuses/higher-education-reopening-buildings-and-campuses.

International students who are considering studying at a UK higher education provider from September 2020 should contact their chosen university to find out how they are adapting to the COVID-19 outbreak, including how international students can prepare themselves for an autumn start.

On Monday 21 April, national data on pupil attendance in educational establishments between Monday 23 March and Friday 17 April was published, and is available here:
https://www.gov.uk/government/publications/coronavirus-covid-19-attendance-in-education-and-early-years-settings.

The data indicates that 84,000 children attended school on Friday 17 April, of which 62,000 were classed as children of critical workers.

The data is collected from individual schools and the published figures include estimates for non-response. Equivalent estimates have not been made at local authority level.

We have introduced a wide range of reforms to improve the quality of apprenticeships and to encourage employers across England to create more high-quality apprenticeship opportunities for people of all ages and backgrounds. This year, 2019-20, funding available for investment in apprenticeships in England is over £2.5 billion; double what was spent in 2010.

Since May 2010 there have been 4,392,000 apprenticeship starts in England. Of these 35,260 apprenticeships starts have been in Shropshire unitary authority, with 18,090 in The Wrekin parliamentary constituency.

From August 2020 all starts will be on the new apprenticeship standards which are replacing frameworks. These are designed and driven by industry to create apprenticeships that are high-quality, providing employers in Shropshire and across England, with the skills they need. Over 510 standards have already been approved for delivery to apprentices.

We are working hard to encourage take up of our apprenticeship programme. The third phase of the Fire it Up campaign launched in January, targeting groups to widen participation in apprenticeships. Our 13^th annual National Apprenticeship Week (NAW) took place in February. Nearly 900 events were held across the country, aiming to change perceptions of apprenticeships.

To ensure that young people hear about all the education and employment options available to them, in January 2018 we introduced a legal requirement for schools to give training providers the chance to talk to pupils about technical qualifications and apprenticeships. We offer a free service to schools through the Apprenticeship Support and Knowledge (ASK) project to ensure that teachers have the knowledge and support to enable them to promote apprenticeships to their students. In the last academic year, ASK reached over 300,000 students.

We are working with Shropshire, Telford and Wrekin Local Authorities, to develop a sub-regional Apprenticeship Ambassador Network for the Shropshire area. This will also include a Young Ambassador Network. We are working closely with CapGemini and West Midlands NHS Partnership Trust to develop their apprenticeship programmes and recruitment in the local area. We are also supporting an apprenticeship and skills event in March where employers and colleges from the Shropshire/Telford/Hereford areas will be promoting apprenticeships.

Defra has committed in the 25 Year Environment Plan to introduce stronger new standards for green infrastructure and to support local authorities to assess local provision against these new standards. This includes greenspace such as community gardens. The Framework of Green Infrastructure Standards will help all local authorities, developers and communities to improve provision in their area.

Later this year, the Government will produce a Food Strategy White Paper. This will support the development of a food system that is sustainable, resilient and affordable, and provide a response to Henry Dimbleby’s independent review of the food system, which is due to be published this summer.

Under the Hedgerow Regulations 1997 a hedgerow is deemed ‘important’, and is protected, if it is at least 30 years old. Although there is local variation, research has indicated that, nationally, over 70% of hedgerows in England and Wales are 'important' according to the criteria in the Regulations.

The Regulations therefore play a valuable role in providing statutory protection for a large proportion of hedgerows in the countryside, with the risk of removal now extremely low compared with when the Regulations came into effect. We consider that the current level of statutory protection remains appropriate and have no plans to amend the Regulations.

The Church Commissioners and National Church Institutions are in discussions with dioceses during this challenging period, including on the evolving financial impact. A series of structured interviews have been held with every diocese, including with the Diocese of Hereford at the end of April. Though too early for detailed conclusions, it was clear that the financial challenges will be significant.

The Church announced a national package of financial support for dioceses on 27 March, providing funds to support liquidity in dioceses where this was needed, with a further announcement following on 14 May. See: https://mailchi.mp/churchofengland.org/update-financial-support-for-dioceses-and-cathedrals-in-light-of-the-coronavirus?e=fbaf3379f3 We are continuing to consider how best dioceses can be further supported in terms of both immediate needs, and in strengthening their long-term missional health and financial sustainability

Officers from the Environment Agency have been working in partnership with Shropshire Council along with the National Flood Forum, Albrighton Community Flood Action Group and Shifnal Community Flood Action Group to come up with measures that will manage flood risk locally. This work is ongoing.

The UK provided £65 million to the World Food Programme (WFP) last financial year (2019/20), to help support the delivery of life-saving food assistance in Yemen. This funding provided 3 million cash transfers and vouchers to vulnerable Yemenis to enable them to buy food and household essentials. In addition to our food security support, we also provided funding to WFP’s logistics operation, which helped to coordinate the delivery of humanitarian assistance into Yemen.

We are continuing to support WFP in the delivery of emergency aid this financial year (2020/21) through our new £160 million funding commitment to Yemen. This includes funding for WFP, through which we expect to provide support to at least 300,000 vulnerable people each month, to help them buy food and household essentials.

The UK does not have a bilateral development programme in St. Kitts and Nevis as it is a high income country and therefore not eligible for Official Development Assistance (ODA). However, we are providing technical support through the International Monetary Fund Caribbean Regional Technical Assistance Centre (CARTAC) to St. Kitts and Nevis to strengthen financial stress testing frameworks for the insurance sector. CARTAC is also helping to strengthen financial sector regulation and supervision by the Eastern Caribbean Central Bank over the Eastern Caribbean Currency Union.

The Caribbean Aid for Trade and Regional Integration Trust Fund (CARTFund) was launched by the UK Government in 2009 to help Caribbean countries and businesses implement and take advantage of the CARIFORUM-EU Economic Partnership Agreement (EPA) and support the region’s own economic integration initiative. DFID published an evaluation report in October 2015 at the end of the project, which found that it performed relatively well, particularly in relation to activities relating to the implementation of the EPA.

The UK has now signed the CARIFORUM-UK EPA with 13 CARIFORUM States, providing assurance to businesses, consumers and investors on the continuity of trade arrangements at the end of the transition period. Building on the recommendations from the CARTFund evaluation, DFID continues to deliver economic development objectives in the Caribbean including the UK Trade Partnerships Programme, which will support CARIFORUM States to implement and maximise the benefits of the CARIFORUM-UK EPA.

Network Rail run over 100 community schemes across Britain as part of their ‘Community Rail’ programme. They invite voluntary groups to transform disused railway land in their area including old platforms, land adjoining stations, and land underneath viaducts. Network Rail keep volunteers safe and make sure that all community schemes coordinate with and complement the existing railway operation.

Network Rail are always happy and open to discussing new ideas for local communities. My right honourable friend can contact Network Rail’s public affairs office at publicaffairs@networkrail.co.uk.

The Office for Zero Emission Vehicles (OZEV) provides grants for plug-in cars, vans, lorries, taxis and motorcycles, as well as funding to support charge point infrastructure at homes, workplaces, on residential streets and across the wider roads network.

Through the plug-in motorcycle grant (PIMG), zero emission mopeds and motorcycles are eligible for a grant of 20% up to £1,500. UK delivery companies and their riders are able to take advantage of this grant. Since the scheme launched in 2016, over 2,600 PIMG-eligible motorcycles have been registered in the UK.

Last year, the Government announced £582m to support consumer grants, including extending the PIMG to 2022-23.

In 2015 the Department for Transport worked with other Government departments, the Freight Transport Association (now Logistics UK), and the Noise Abatement Society to produce guidance on good practice for quiet deliveries. The published guidance can be found here: https://www.gov.uk/government/publications/quiet-deliveries-demonstration-scheme.

Regulations governing the maximum sound level of goods vehicles are harmonised at an international level and require new vehicles to demonstrate compliance before being placed on the market. Reductions in the maximum sound limit will apply to new vehicles being registered from July 2022 with a further reduction planned for July 2026.

Local authorities are responsible for roads in their area and are free to make their own decisions about the design of the streets they manage.

The UK is prepared to deal with a significant Icelandic volcanic eruption. Since 2010, the Department for Transport, the Civil Aviation Authority (CAA), NATS and industry have developed a bespoke response guidance, which is regularly exercised and updated.

We are confident that contingency plans developed by the government and the aviation industry, alongside actions taken by the Icelandic authorities, will reduce significantly the level of disruption arising from a similar eruption to that in 2010. Volcanic activity across Iceland is kept under constant scrutiny and the contingency plans can be deployed quickly if required.

If a Universal Credit claimant doesn't have a permanent address, there are a number of options available to them. They can use a 'care of' address, like the address of a family member or trusted friend. There is also the option of using a hostel address if the claimant is staying there, or in exceptional circumstances, the claimant can use their local jobcentre address.

There are varied and complex reasons behind a person’s homelessness and that is why it is DWP’s priority to ensure homeless people get the appropriate support they need to move into work so they can succeed and move on with their lives. This support includes help for people to make a Universal Credit claim and to access the Jobcentre Plus employment offer, with priority access to the Work and Health Programme. Jobcentres in England are required to offer a voluntary referral to claimants who may be homeless or threatened with homelessness to a local housing authority of the claimant’s choice.

The Department is committed to tackling homelessness and is supporting the manifesto commitment to end the blight of rough sleeping by the end of the next Parliament. The Ministry for Housing, Communities and Local Government (MHCLG) has worked closely with local authorities and the sector to offer vulnerable people safe accommodation and support. The ‘Protect Programme’, provides targeted support to protect some of the most vulnerable people in our communities from Covid-19, and builds on the success of the still ongoing ‘Everyone In’ campaign - by September it had supported over 29,000 vulnerable people; with over 10,000 in emergency accommodation and nearly 19,000 moved on into settled accommodation.

The Next Steps Accommodation Programme makes available the financial resources needed to support local authorities and their partners to prevent people from returning to the streets.

Alongside this funding, the Government is also making available the expertise from MHCLG’s Rough Sleeping Initiative and Homelessness Advice and Support Adviser Teams to help coproduce accommodation provision and related support services.

For the most up to date information relating to the Government’s response to homelessness and rough sleeping please refer to the following link

https://www.gov.uk/housing-local-and-community/homelessness-rough-sleeping

Following the publication of the World Health Organization Environmental Noise Guidelines in 2018, the Interdepartmental Group on Costs and Benefits Noise Subject Group (IGCB(N)) was convened to consider any necessary updates to relevant government guidance. The IGCB(N) is a cross Government group led by the Department for Environment, Food and Rural Affairs, that provides analysis and advice relating to the quantification and valuation of noise impacts. Its membership includes health economists from the Department and noise and public health experts from Public Health England. The outcome from the IGCB(N) review will inform any updated government assessment of the effect of noise pollution on health outcomes.

The Secretary of State for Health and Social Care has regular with the Secretary of State for Foreign, Commonwealth and Development Affairs to discuss the response to the COVID-19 pandemic, including vaccine distribution.

In February, the Government announced that the majority of United Kingdom surplus doses will be shared with COVAX.  As of 4 March, COVAX has delivered over 10 million doses to 16 countries, 14 of which are among the 92 most vulnerable countries eligible for support via the Advance Market Commitment which the UK has provided £548 million to support.

Currently, support groups can take place in groups of up to 15 in a public place, if the support group is organised by a business, a charitable, benevolent or philanthropic institution or a public body to provide mutual aid, therapy or any other form of support to its members or those who attend its meetings. This includes, but is not limited to, providing support:

- to victims of crime (including domestic abuse);

- to those with, or recovering from, addictions (including alcohol, narcotics or other substance addictions) or addictive patterns of behaviour;

- to new and expectant parents;

- to those with, or caring for persons with, any long-term illness, disability or terminal condition or who are vulnerable;

- to those facing issues related to their sexuality or identity including those living as lesbian, gay, bisexual or transgender; and

- to those who have suffered bereavement.

We have to rightly balance the need for those to attend support groups, against the risk of transmission in large groups which is why we have limited the number to 15.

On 8 June new rules for international travellers were introduced in order to reduce the risk of new COVID-19 cases from abroad.

A legal Memorandum on Compatibility with the European Convention of Human Rights and EU Charter was completed for the regulations, which fall under The Public Health (Control of Diseases) Act 1984. The analysis considered that the self isolation measure is a proportionate means of achieving the legitimate public health aims of the policy to control and reduce the domestic incidence of COVID-19.

The regulations remain under constant review to ensure that the border measures remain balanced, measured and proportionate to the public health response.

Requiring international arrivals to the United Kingdom to self-isolate for 14 days is designed to keep the COVID-19 transmission rate down, reduce cases being brought in from abroad and prevent a devastating second wave.

Before considering whether antibody testing could ever be used to lessen or exempt specific individuals from self-isolation measures, we first need to improve our understanding of how the immune system responds to COVID-19.

COVID-19 is a new disease and the science around ‘immunity’ to the virus remains uncertain. There is no strong evidence yet to suggest that those who have been proven to have had the virus are immune. We do not know, for example, how long an antibody response to the virus lasts nor whether having antibodies means one does not transmit the virus to others.

The UK is a strong supporter of a comprehensive, just and lasting settlement of the Cyprus issue, based on the existing parameters as set out in relevant Security Council Resolutions, including UN Security Council Resolutions 550 (1984) and 789 (1992).

A Cyprus Settlement remains key to resolving wider tensions in the region. We are supportive of the UN Secretary General's efforts and the proposal of the informal meeting between the parties ("5+UN"). The UK stands ready to engage with any meetings in support of the settlement process.

The UK is deeply concerned by the deteriorating security situation in northern Mozambique, and the increasing attacks by groups with links to Islamic extremism, including recent reports of horrific beheadings of civilians in Cabo Delgado province. On 10 November, The Foreign Secretary and I publicly condemned the recent attacks.

We are working with the Government of Mozambique to address the root drivers of conflict and instability in northern Mozambique, including through engagement with the Government of Mozambique's regional development authority in Cabo Delgado, and by providing targeted technical assistance under the framework of a Defence Memorandum of Understanding. I spoke to Foreign Minister Macamo on 23 July, noting Mozambique's efforts to address the causes of instability through the creation of the Integrated Department for the Development of Northern Mozambique (ADIN), and to encourage a holistic approach to tackling the insurgency.

The FCDO is not aware of such a phenomenon affecting any of its staff worldwide.

When the Prime Minister launched the Integrated Review of Security, Defence, Development and Foreign Policy, he was clear that it will set out the way in which the UK will be a problem-solving and burden-sharing nation. Our aim continues to be for an ambitious and bold Integrated Review that is guided by the UK's foreign policy, national security and development objectives.

We fully expect the Integrated Review, together with a Comprehensive Spending Review, to propose fresh ideas to shape the objectives and systems of the Foreign, Commonwealth and Development Office, reflecting a drive towards a more effective and more joined-up foreign policy.

Since 17 March, the Foreign and Commonwealth Office has advised against all but essential travel globally due to the unprecedented international border closures and other restrictions currently in place in response to the global pandemic.

Whether travel is essential or not is a personal decision. Travellers may have urgent family or business commitments to attend to. Circumstances differ from person to person. Only individuals can make an informed decision based on the risks.

Current Her Majesty's Government guidance also states that members of the public should not stay overnight away from their own home, except for in a limited set of circumstances, such as for work purposes.

We are monitoring the international situation very closely and keeping all our travel advice under constant review to ensure it reflects the latest situation on the ground and our assessment of risk to British people.

The immediate focus for the UK Government’s economic and fiscal strategy is on ensuring that it continues to support workers and businesses as the UK recovers from the COVID-19 pandemic. Although both borrowing and debt will rise this year, the costs of servicing this debt are affordable and sustainable. The Government will set out further details on its plans for a sustainable and balanced fiscal policy as the economic and fiscal outlook becomes clearer.

In relation to establishing a sovereign wealth fund, the Government remains open to the introduction of new financing instruments but would need to be satisfied that they would meet value-for-money criteria and would be consistent with wider fiscal objectives. The Government continues to monitor the case for new financing instruments and will keep this under review.

The government has no plans to establish a crypto currency reserve bank.

The Treasury and the Bank of England are continuing analytical work to evaluate the possible opportunities and risks associated with a UK central bank digital currency, and of central bank digital currency initiatives being undertaken elsewhere. The Bank of England published a discussion paper on a possible UK central bank digital currency alongside the Budget in March 2020, which closed for responses on 12 June. The Treasury and Bank of England are considering next steps.

The government is also considering how it can support innovation and mitigate risks posed by cryptoassets. The Treasury recently launched a consultation looking at the broader regulatory approach to cryptoassets, including new challenges from so-called ‘stablecoins’. It closes for responses on 21 March.

The Government’s view is that it remains the choice of individual retailers as to whether to accept any form of payment method, including cash, card or other digital payments.

The Government recognises the importance of cash to the daily lives of millions of people across the UK. That is why Government committed at March Budget 2020 to bring forward legislation to protect access to cash for those who need it. To inform the development of this legislation, the Government published a Call for Evidence on 15 October seeking views on the key considerations associated with cash access, including deposit and withdrawal facilities, cash acceptance, and regulatory oversight of the cash system.

The government set out at Budget that the UK will continue to take a leading role in exploring central bank digital currencies (CBDCs), and the wide-ranging opportunities and challenges they could bring.

The Bank of England’s discussion paper on a possible UK central bank digital currency was published at the time of the Budget and closed for responses on 12 June.

HM Treasury and the Bank of England are now working together to consider next steps.

The Government is committed to ensuring that the UK financial services sector delivers choice and value for customers and to that end has taken significant action to ensure effective competition in UK banking markets. This includes: providing the financial services regulators with competition objectives, and a new Payments Systems Regulator to ensure fair and equal access to payments systems; reducing barriers to entry for new market entrants; initiatives to make it easier for customers to switch between bank account providers; and continued support for non-traditional providers, including the UK’s fintech sector.

It is also important that the UK maintains a prudential regulation regime that supports financial stability and economic growth as well as competition amongst firms. The Government will continue to prioritise the implementation of global regulatory standards, such as the Basel III standards, to maintain the UK’s position as a world-leading financial services centre.