Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent discussions he has had with the Governor of the Bank of England on (a) the provision of liquidity to the UK banking sector and (b) swap lines between central banks.

The Chancellor of the Exchequer and Governor of the Bank of England meet regularly to discuss a range of issues including conditions in the UK and global financial markets.

Swap lines are a routine lending facility amongst central banks and form a part of the global financial architecture. Changes to bilateral swap line operations are a matter for the Bank of England.