Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the Bank of England has made an assessment of the potential impact of the proposed Chinese Embassy on security in the City of London.

It is not the Bank of England’s role to undertake this sort of impact assessment. National security is the first duty of Government and has been HM Government’s core priority throughout this process. A final decision on the application for the new Chinese embassy in Tower Hamlets will be made in due course by ministers in the Ministry of Housing, Communities, and Local Government.