Payment Methods

Treasury written question – answered am ar 28 Mawrth 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Adam Afriyie Adam Afriyie Ceidwadwyr, Windsor

To ask the Chancellor of the exchequer, when he plans to publish the National Payments Vision.

Photo of Adam Afriyie Adam Afriyie Ceidwadwyr, Windsor

To ask the Chancellor of the exchequer, which stakeholders he is consulting on the National Payments Vision.

Photo of Adam Afriyie Adam Afriyie Ceidwadwyr, Windsor

To ask the Chancellor of the exchequer, what steps he is taking to ensure the National Payments Vision results in meaningful competition in retail payments.

Photo of Bim Afolami Bim Afolami The Economic Secretary to the Treasury

Payments are essential to the UK’s economy, both for individuals and for businesses, and are a cornerstone of growth and competitiveness. The government is committed to maintaining the UK’s reputation for a world-leading payments ecosystem and will publish the National Payments Vision as soon as possible later this year.

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Chancellor of the Exchequer

The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.

The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.

The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.