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648661

registered interest
date	30/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	European Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of the current value of the UK's share in the capital of the European Investment Bank.
tabling member constituency	Belfast North
tabling member printed	Mr Nigel Dodds
uin	55569
answer	answer is ministerial correction date of answer 07/12/2016 answer text <p>The total value of the European Investment Bank’s subscribed capital is €243.3bn. Of this just under €21.7bn is paid in capital and €221.6bn is callable capital. The breakdown of capital shares by country is set out in the EIB statutes and the EIB publishes annual financial reports.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 07/12/2016 11:19:15 answering member 1529 label Biography information for Mr David Gauke
tabling member	1388 label Biography information for Lord Dodds of Duncairn

648662

registered interest
date	30/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Insurance Premium Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of how much the increase in insurance premium tax announced in the Autumn Statement 2016 will add to the (a) total and (b) average amount paid annually for home insurance in (i) England and (ii) Cumbria.
tabling member constituency	Westmorland and Lonsdale
tabling member printed	Tim Farron
uin	55572
answer	answer is ministerial correction date of answer 06/12/2016 answer text <p>Insurance Premium Tax is a tax on insurers, so any impact on premiums depends on how far and whether they pass on the rate increase.</p><p> </p><p>If they pass on the full rate increase, it is estimated that this will add £7 to the average annual cost of combined buildings and contents insurance, or £3 to the average annual cost of contents only insurance. These figures are based on UK averages.</p> answering member constituency Battersea answering member printed Jane Ellison question first answered 06/12/2016 15:11:33 answering member 3918 label Biography information for Jane Ellison
tabling member	1591 label Biography information for Tim Farron

648663

registered interest
date	30/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Economic Growth: North of England
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what recent steps he has taken to support economic growth in (a) Yorkshire and the Humber, (b) the North East and (c) the North West.
tabling member constituency	Calder Valley
tabling member printed	Craig Whittaker
uin	55598
answer	answer is ministerial correction date of answer 06/12/2016 answer text <p>Creating an economy that works for everyone is a key priority of this Government. At the Autumn Statement, the government announced allocations worth £1.8 billion from the Local Growth Fund to all English regions, including £556 million to the North of England. This is in addition to the £2.8 billion the North has already received from the Local Growth Fund for expenditure on projects essential to local economic growth. The government is also investing £13 billion in transport across the North over the course of this parliament and launched a Northern Powerhouse strategy at this Autumn Statement, setting out the steps we will take to tackling key productivity barriers across the North.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 06/12/2016 10:29:09 answering member 1529 label Biography information for Mr David Gauke
tabling member	3940 label Biography information for Craig Whittaker

648664

registered interest
date	30/11/2016
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Genetically Modified Organisms: Research
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding the Government plans to grant for GMO research between 2017 and 2020.
tabling member constituency	Welwyn Hatfield
tabling member printed	Grant Shapps
uin	55527
answer	answer is ministerial correction date of answer 08/12/2016 answer text <p>Genetically Modified Organism (GMO) research is funded by the Government through a number of channels, including the Research Councils and Innovate UK.</p><p> </p><p>The Research Councils welcome applications supporting any aspect of their research portfolio. Applications are subject to peer review and judged in open competition, with awards made on the basis of the scientific quality of the proposals made. Research proposals in all areas, including GMO research, compete for funding available from the Research Councils.</p><p> </p><p>Innovate UK supports industry-led translational research in this field on a project by project basis. All project applications are independently assessed with only the most high quality and innovative proposals securing funding. Potential future investments in the translation and development of GMO technologies will be made on this basis.</p><p> </p> answering member constituency Orpington answering member printed Joseph Johnson question first answered 08/12/2016 16:39:25 answering member 4039 label Biography information for Lord Johnson of Marylebone
tabling member	1582 label Biography information for Grant Shapps

648665

registered interest
date	30/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Insurance Premium Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will make an assessment of the effect the increase in insurance premium tax announced in the Autumn Statement 2016 will have on home insurance premiums for families affected by Storm Desmond.
tabling member constituency	Westmorland and Lonsdale
tabling member printed	Tim Farron
uin	55536
answer	answer is ministerial correction date of answer 06/12/2016 answer text <p>Insurance Premium Tax is a tax on insurers, so any impact on premiums depends on how far and whether they pass on the rate increase.</p><p> </p><p>If insurers pass on the whole rate increase, it is estimated that this would add £7 per year to the average annual cost of combined buildings and contents insurance, or £3 to the average annual cost of contents only insurance.</p><p> </p><p>The Government announced an extra £700 million investment in flood defence and resilience measures after Storm Desmond. The Government has worked with the insurance industry to create the Flood Re scheme which ensures that households in areas of high flood risk can access insurance.</p><p> </p> answering member constituency Battersea answering member printed Jane Ellison question first answered 06/12/2016 14:34:54 answering member 3918 label Biography information for Jane Ellison
tabling member	1591 label Biography information for Tim Farron

648676

registered interest
date	30/11/2016
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Living Wage
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the potential effect of the proposed increase in the national living wage announced in the 2016 Autumn Statement on the UK's international competitiveness.
tabling member constituency	Romford
tabling member printed	Andrew Rosindell
uin	55671
answer	answer is ministerial correction date of answer 06/12/2016 answer text <p>The Government will publish an impact assessment on the increase in the National Living Wage announced at Autumn Statement in due course.</p><p>The Low Pay Commission has recently published its autumn 2016 report here:</p><p> </p><p><a href="https://www.gov.uk/government/publications/national-minimum-wage-low-pay-commission-autumn-2016-report" target="_blank">https://www.gov.uk/government/publications/national-minimum-wage-low-pay-commission-autumn-2016-report</a></p><p> </p><p>This considers evidence on the impact of the National Minimum Wage and National Living Wage to date.</p><p> </p><p>In addition, the Office for Budget Responsibility produced an assessment of the National Living Wage in annex B of its July 2015 Economic and Fiscal Outlook, available here: <a href="http://budgetresponsibility.org.uk/efo/economic-fiscal-outlook-july-2015/" target="_blank">http://budgetresponsibility.org.uk/efo/economic-fiscal-outlook-july-2015/</a></p><p> </p><p> </p> answering member constituency Stourbridge answering member printed Margot James question first answered 06/12/2016 16:15:13 answering member 4115 label Biography information for Margot James
tabling member	1447 label Biography information for Andrew Rosindell

648677

registered interest
date	30/11/2016
answering body	Department for Environment, Food and Rural Affairs
answering dept id	13
answering dept short name	Environment, Food and Rural Affairs
answering dept sort name	Environment, Food and Rural Affairs
hansard heading	Thames Tideway Tunnel
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Environment, Food and Rural Affairs, what her policy is on the protection of (a) consumers and (b) the public purse from financial risks in the event that construction of the Thames Tideway Tunnel is finished behind schedule.
tabling member constituency	Welwyn Hatfield
tabling member printed	Grant Shapps
uin	55733
answer	answer is ministerial correction date of answer 06/12/2016 answer text <p>The Government is providing Tideway, which has responsibility for financing and delivering the Tunnel, with a contingent financial support package for some low-probability but high-impact risks that might arise during construction. These are risks that the private sector is unable or unwilling to cover at an acceptable cost to customers.</p><p> </p><p>If called upon, the Government Support Package (GSP) may provide support in five different scenarios. The statement made to the House by my right hon. Friend, the member for North Shropshire (Owen Paterson) on 5 June 2014 (Official Record, Col. 11WS) gives fuller details of these scenarios. It is important to note that if these risks do not materialise, there will be no cost to the taxpayer. As part of the project’s regulatory and commercial arrangements, Tideway is strongly incentivised to deliver the Tunnel on time and to budget.</p><p> </p><p>The project has an agreed threshold (130% of the original budget) for cost overruns, whether from a delay or otherwise, which is financed by Tideway. The upper end of the current estimated customer bill impact range of £20-£25 per year during the construction phase reflects expenditure at that threshold (if that is reached). If the project is late, the incentives regime applies time-related regulatory adjustments that are borne by the investors.</p><p> </p><p>If the cost threshold is reached then Tideway can apply to Ofwat for an increase in approved expenditure (and therefore customer charges), which Ofwat will determine (but may not necessarily agree) taking into account the estimated cost to complete the project, appropriate incentives, and the cost of the required additional capital based on market conditions at the time. Tideway may also make a call on the GSP for Government equity financing to enable the project to be completed, at which time the Government would become an investor in the project and would have increased rights of oversight until completion of the Tunnel. This would ensure that taxpayers’ interests continue to be protected.</p> answering member constituency Suffolk Coastal answering member printed Dr Thérèse Coffey question first answered 06/12/2016 12:01:02 answering member 4098 label Biography information for Dr Thérèse Coffey
tabling member	1582 label Biography information for Grant Shapps

648680

registered interest
date	30/11/2016
answering body	Home Office
answering dept id	1
answering dept short name	Home Office
answering dept sort name	Home Office
hansard heading	Dmitry Klyuev
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for the Home Department, if her Department will take steps to prohibit Dmitri Kluyev from investing proceeds of criminal activity in the UK.
tabling member constituency	Sutton Coldfield
tabling member printed	Mr Andrew Mitchell
uin	55766
answer	answer is ministerial correction date of answer 08/12/2016 answer text <p>Through Money Laundering Regulations, the UK regulated sector is required to carry out due diligence checks to identify illicit wealth and prevent it from entering the financial system.</p><p>Where illicit funds are identified, then law enforcement agencies have, through the Proceeds of Crime Act 2002, robust powers to seize and recover these.</p> answering member constituency Wyre and Preston North answering member printed Mr Ben Wallace question first answered 08/12/2016 17:19:37 answering member 1539 label Biography information for Mr Ben Wallace
tabling member	1211 label Biography information for Mr Andrew Mitchell

648686

registered interest
date	30/11/2016
answering body	Department for Communities and Local Government
answering dept id	7
answering dept short name	Communities and Local Government
answering dept sort name	Communities and Local Government
hansard heading	Sustainable Development
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Communities and Local Government, what definition of sustainable his Department uses in relation to planning, infrastructure and strategic priorities.
tabling member constituency	St Albans
tabling member printed	Mrs Anne Main
uin	55736
answer	answer is ministerial correction date of answer 07/12/2016 answer text <p>The policies in paragraph 18 to 219 of the National Planning Policy Framework, taken as a whole, constitute the Government’s view of what sustainable development in England means in practice for the planning system.</p><p>The Framework is clear that local planning authorities should work collaboratively with other bodies to ensure that strategic priorities across local boundaries are properly co-ordinated and clearly reflected in Local Plans. As part of this process, they should consider producing joint planning policies on strategic matters and informal strategies such as joint infrastructure and investment plans.</p> answering member constituency Croydon Central answering member printed Gavin Barwell question first answered 07/12/2016 15:15:52 answering member 3955 label Biography information for Lord Barwell
tabling member	1568 label Biography information for Mrs Anne Main

648687

registered interest
date	30/11/2016
answering body	Department for Communities and Local Government
answering dept id	7
answering dept short name	Communities and Local Government
answering dept sort name	Communities and Local Government
hansard heading	Housing: North of England
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Communities and Local Government, how the housing investment announced in the Autumn Statement 2016 will benefit communities in (a) Hull and (b) the North of England.
tabling member constituency	Kingston upon Hull North
tabling member printed	Diana Johnson
uin	55653
answer	answer is ministerial correction date of answer 08/12/2016 answer text <p>An extra £5.3 billion of funding for housing was announced at Autumn Statement, taking total planned investment to over £25 billion for the Spending Review period. This funding will support construction jobs, but also wider economic growth. Specifically, we will invest a further £1.4 billion into the Affordable Homes Programme and relax restrictions on grant funding so providers can deliver a mix of homes for affordable rent and low cost ownership. This will enable providers to meet the housing needs of people at different stages of their lives and in different areas of the country. Building more of the right homes, in the right places, is central to our vision of a country that works for everyone. Further details will be set out in the Government’s forthcoming Housing White Paper.</p> answering member constituency Croydon Central answering member printed Gavin Barwell question first answered 08/12/2016 15:25:18 answering member 3955 label Biography information for Lord Barwell
tabling member	1533 label Biography information for Dame Diana Johnson