Oral Answers to Questions Debate

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Department: Cabinet Office
Thursday 23rd October 2025

(1 day, 14 hours ago)

Commons Chamber
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Dan Jarvis Portrait Dan Jarvis
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I am very grateful to my hon. Friend for the work that he does in co-chairing the crypto and digital assets all-party parliamentary group. Financial services are integral to our mission for economic growth, and we are absolutely committed to creating the right conditions for a vibrant, competitive and innovative financial services sector. That is why the Government are proceeding with proposals to create a new financial services regulatory regime for cryptoassets.

Bradley Thomas Portrait Bradley Thomas (Bromsgrove) (Con)
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T6. In the absence of a plan, the Government appear to be centralising power and bureaucracy in the form of new quangos. More than 25 have been created since this Government came into office. What is the Minister doing to drive ministerial accountability and, crucially, to ensure that there are sunset clauses so that when quangos have met their objectives, they are wound up and come to an end?

Darren Jones Portrait Darren Jones
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The Government agree with the principle of the hon. Member’s question. As I said to the House earlier, we want to reduce the layers of bureaucracy and to be able to deliver more action and fewer words. That is why we are taking action to close arm’s length bodies and other institutions. Most significantly, we have announced that we will close NHS England and bring decisions back into the Department for Health and Social Care for Ministers to make.