Procurement Bill [HL]
The Procurement Bill is a government bill that has been introduced in the House of Lords. The bill would reform the current rules on public procurement in the UK, much of which are derived from EU law.
![Procurement Bill [HL]](https://lordslibrary.parliament.uk/content/uploads/sites/2/2020/09/Economy-1232x922.png)
Documents to download
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Financial Services (Banking Reform) Bill (352 KB , PDF)
The Financial Services (Banking Reform) Bill seeks to make a number of changes to the banking and financial services sector. The Bill builds on the recommendations of the Independent Commission on Banking (the Vickers Commission) and the Parliamentary Commission on Banking Standards and follows a series of Acts passed since the financial crisis of 2008, such as the Financial Services Act 2012. The Bill sets out a new structure for banking with a central element being the ‘ring-fencing’ of banks which separates retail deposit and lending from investment banking operations. This Library Note provides a précis of the report stage and third reading of the Bill in the House of Commons. The Note should be read in conjunction with two House of Commons Library Research Papers: Financial Services (Banking Reform) Bill (28 February 2013, RP 13/15), which contains more detailed information on the background to the Bill, and Financial Services (Banking Reform) Bill: Committee Stage Report (25 June 2013, RP 13/40), which summarises the second reading and committee stage in the House of Commons. House of Commons Library Standard Note, LIBOR, Public Inquiries & FSA Disciplinary Powers (2 May 2013, SN/BT/6376), also offers useful background commentary relevant to the Bill.
Documents to download
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Financial Services (Banking Reform) Bill (352 KB , PDF)
Related posts
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UK Infrastructure Bank Bill [HL]
This proposed law seeks to place the UK Infrastructure Bank on a statutory footing, giving it a specific set of powers. The bank is currently operating on an interim basis. Its purpose is to invest in infrastructure projects on behalf of the government and attract private sector funds for the same purpose.
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Liaison Committee follow-up report: Tackling financial exclusion
On 25 May 2022, the grand committee of the House of Lords is due to debate the House of Lords Liaison Committee’s report ‘Tackling financial exclusion: A country that works for everyone? Follow-up report’. This report examines the progress made by the government and key stakeholders in implementing the recommendations made in the original 2017 select committee report on financial exclusion. It found that “four years on, financial exclusion is still highly prevalent in the UK”.
