The European Commission and HM Treasury ask the European Central Bank and the Bank of England to convene a technical working group on risk management in the period around 30 March 2019 in the area of financial services.

Today (27 April 2018), the European Commission and HM Treasury have asked the European Central Bank and the Bank of England to convene a technical working group on risk management in the period around 30 March 2019 in the area of financial services. The European Commission and HM Treasury will attend as observers and other relevant authorities will be invited on an issue-specific basis.

This technical work is separate from the on-going negotiations on the Withdrawal Agreement between the EU and the UK and from the negotiations on the overall understanding of the framework for the future relationship between the EU and the UK.

Published 27 April 2018

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Secretary of State Esther McVey has announced to Parliament today (27 April 2018) that support for children who may otherwise be in local authority care is to be extended in Universal Credit and Child Tax Credit.

Currently, the policy provides support in Universal Credit and Child Tax Credit for a maximum of 2 children in a household unless exceptions apply, to ensure parents in receipt of benefits face the same choices as those supporting themselves solely through work. Child Benefit continues to be paid regardless of family size.

The government recognises that in some situations parents cannot make the same choices about the number of children in their household. We have introduced a number of exceptions for third or subsequent children in those cases, for example multiple births, adoption and children who would otherwise be taken into care but instead are looked after by a non-parental carer. This may be where a family member has stepped in to care for children.

For these children who may otherwise be taken into local authority care, the exceptions will be extended to provide support for them regardless of the order in which they entered the household.

Secretary of State Esther McVey said:

I have been reviewing this issue carefully since becoming Secretary of State a few months ago.

Adoptive parents and non-parental carers, known as ‘kinship carers’, have often stepped in to help a family member or close friend in times of need. They have provided support and provided a home for a child in need. It is therefore right that Government supports them in doing so. That is why today I am extending the existing support for children and families in these circumstances.

The role these parents play in helping to bring up these children is invaluable, and I want to reassure such parents that this change ensures support will be made available to you, and this government is backing you.

Universal Credit is a brand new benefit, that is flexible and responsive, so as we begin to deliver it across the country we are taking a test and learn approach, and if need be, adapting where necessary. This is precisely what we have done here to make sure there is support given where it is needed most.

The government welcomed last week’s High Court judgment that overall the policy to provide support for a maximum of 2 children was lawful, and said it was carefully considering it. This change goes further than the court’s judgment to include adopted children as well as children who are in non-parental caring arrangements.

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I welcome the announcement that the two Koreas will work towards the complete, verifiable, and irreversible denuclearisation of North Korea, improve bilateral ties and reduce border tensions.

This historic summit is not the end in itself. There are still many questions to be answered. Kim Jong Un’s commitment to halt all nuclear and intercontinental and intermediate range ballistic missiles tests is a positive step. We hope this indicates an intention to negotiate in good faith and that Kim has heeded the clear message to North Korea that only a change of course can bring the security and prosperity it claims to seek.

The UK will continue to work with our international partners to strictly enforce existing sanctions until such time that North Korea turns its commitments into concrete steps towards denuclearisation.

During his intervention at the meeting, the Foreign Secretary will also urge fellow NATO allies to do more to tackle ‘hybrid threats’ such as cyber-attacks, and interference in the domestic politics and infrastructure of Russia’s near-neighbours.

Ahead of the meeting, the Foreign Secretary Boris Johnson said:

This is the first NATO Foreign Ministerial since the attempted murder in Salisbury, and the chemical weapons attack in Syria. It is a key moment to discuss Russia with foreign ministers of all 29 allies.

At the July Summit NATO will take decisions on how to enhance its deterrence and defence.

NATO’s ability to react quickly has already been demonstrated by the Alliance’s swift response to both the attack in Salisbury and in Syria, and by its show of solidarity with the UK’s actions.

We have seen similar support from the EU and the G7. We must now maintain momentum and hold Russia to account for its reckless and destabilising behaviour.

During the meeting, Allies will also discuss other important issues including Afghanistan, enlargement, and projecting stability.

Further information

The High Court has handed down its judgment today (Friday 27 April) in favour of the government following a legal challenge by campaign group Liberty.

While the government had already conceded that aspects of Part 4 of the Investigatory Powers Act 2016 which concerns communications data retention were inconsistent with EU law, and has committed to bring forward amendments to remedy these inconsistencies, Liberty claimed that the communication data regime as a whole should be abolished.

Communications data is an essential tool for law enforcement and national security investigations. It is used to investigate crime, keep children safe, support or disprove alibis and link a suspect to a particular crime scene, amongst many other purposes.

The ruling means crucial powers which are used by law enforcement every day to prevent and detect crime and to keep people safe will be maintained.

Security Minister Ben Wallace said:

We are delighted that the Court has agreed with the government on all counts in this judgment.

Liberty has for years created misplaced fear about this legislation, and we are pleased that the Court recognises the importance of communications data in fighting crime and keeping families and communities safe.

This sensible, pragmatic judgment rightly balances all the rights of individuals with protecting people’s security. In the 21st century if we are to protect our citizens from threats by paedophiles and terrorists we must have these capabilities.

In a detailed analysis, the Court found that our current data retention regime is neither general nor indiscriminate, stating, “We do not think it could possibly be said that the legislation requires, or even permits, a general and indiscriminate retention of communications data”.

We have already committed to bring forward amendments to our regime for Parliament to debate and vote on, along with the communications data code of practice, and will do so in line with the Court’s timetable.

Communications data is used in 95% of serious and organised crime prosecutions handled by the Crown Prosecution Service and it has played a significant role in every Security Service counter terrorism operation over the last decade.