Fiscal, economic and monetary policy, including the issue and circulation of money, taxes and excise duties, government borrowing and lending, control over United Kingdom public expenditure, the exchange rate and the Bank of England.

Exceptions

• Devolved taxes, including their collection and management.

• Local taxes to fund local authority expenditure (for example, council tax and non-domestic rates).

Coinage, legal tender and bank notes.

Financial services, including investment business, banking and deposit-taking, collective investment schemes and insurance.

Financial markets, including listing and public offers of securities and investments, transfer of securities and insider dealing.

Distribution of money from dormant bank and building society accounts.