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John Glen

  • Open banking is a growth engine Britain cannot ignore

    Opinion

    Open banking doesn't grab headlines like AI, but combining these technologies can deliver exponential benefits, writes John Glen MP.

    Canary Wharf skyline with prominent bank buildings under clear blue sky, highlighting Londons financial district.
  • Ex-City minister calls for ‘urgent No10 summit’ with bosses and watchdogs

    Politics

    A former City minister has called on the Prime Minister to convene an “urgent No10 summit” with the City of London and financial watchdogs in a bid to boost capital markets. During Prime Ministers’ Questions (PMQs), the Conservative MP John Glen asked Sir Keir Starmer to take the step to “steward our pension assets”. Glen, [...]

    John Glen has admitted he is “alarmed” at the current level of taxes in the UK but insisted he wouldn’t call for cuts ahead of the Autumn Statement.
  • Former City minister quits Westminster group over scathing FCA report

    Politics

    The former City minister John Glen has quit a cross-parliamentary group on fairer finance after it released an incendiary report on the Financial Conduct Authority (FCA) accusing it of “incompetence”. In a letter to the Financial Times, Glen, who served as City minister between 2018 and 2022, said he was “dismayed” by the report and [...]

    John Glen has quit the group after it criticised the FCA in a damning report
  • Tory conference: ‘Rigorous’ process for Revolut licence was ‘right’, ex-minister says

    September 30, 2024

    The “rigorous” process Revolut went through to secure its banking licence was “right”, John Glen has said. Former paymaster general Glen told a Conservatives in the City event at the annual Tory party conference in Birmingham that the digital payments app now had “credibility to grow globally”. He said: “The UK is brilliant in innovation [...]

  • Infected blood scandal: Compensation payments to start this year, minister says

    May 21, 2024

    Compensation payments to the victims and families of the infected blood scandal will begin before the end of the year, the government has confirmed.

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