questionText: To ask the Chancellor of the Exchequer, what assessment he has made of trends in the level of inflation on the £25 billion retail deposit level at which banks are required to ring-fence their retail deposit-taking operations.
answerText: On 28 September 2023, the government published draft secondary legislation for consultation on reforms to the ring-fencing regime. The reforms will make the regime smarter and simpler by taking forward recommendations made by the independent ring-fencing ...
heading: Banks: Regulation