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905547

registered interest
date	16/05/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Instalment Credit
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 14 May 2018 to Question 141345 on Instalment Credit, whether (a) he, (b) Ministers of his Department and (c) officials of his Department have discussed the feasibility of introducing a total cap on the cost of rent-to-own goods with the Financial Conduct Authority.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	144880
answer	answer is ministerial correction date of answer 24/05/2018 answer text <p>Treasury ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. This includes regular meetings with the Financial Conduct Authority (FCA) to discuss relevant regulatory issues.</p><p> </p><p>The government has given the FCA strong powers to protect consumers, including the power to cap the cost of credit, and the FCA can do so if it thinks it is necessary to protect consumers. In 2015, the FCA capped the cost of payday lending, and the FCA has said that it will keep the issue of capping the cost of credit in other markets under review.</p><p> </p><p>The government welcomes the ongoing work of the FCA to review the high-cost credit market, including the rent-to-own sector. The FCA will publish an update later this month.</p> answering member constituency Salisbury answering member printed John Glen question first answered 24/05/2018 11:16:40 answering member 4051 label Biography information for John Glen
tabling member	3930 label Biography information for Caroline Lucas

905572

registered interest
date	16/05/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Royal Bank of Scotland: Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, with reference to the Answer of 15 May 2018 to Question 142837 on Royal Bank of Scotland: Small Businesses, what assessment he has made of the adequacy of the compensation scheme for SME customers of the Royal Bank of Scotland.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	144893
answer	answer is ministerial correction date of answer 21/05/2018 answer text <p>RBS’ recent commitments to establish an independent appeal process for consequential loss claims and to stand aside from any money that might be returned to them from redress paid to insolvent companies are important steps in improving the operation and transparency of the redress scheme for businesses affected by RBS' Global Restructuring Group.</p><p> </p><p>The Financial Conduct Authority (FCA) has previously confirmed that RBS’ processes as part of the compensation scheme are appropriate steps for the bank to take, and the Treasury is in regular contact with the FCA about how the voluntary scheme is progressing.</p><p> </p> answering member constituency Salisbury answering member printed John Glen question first answered 21/05/2018 16:09:05 answering member 4051 label Biography information for John Glen
tabling member	4061 label Biography information for Bill Esterson

905702

registered interest
date	16/05/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Monetary Policy
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether he is taking steps to ensure that the liquidity introduced into long-term credit markets by Bank of England quantitative easing is disbursed to the real economy.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	144906
answer	answer is ministerial correction date of answer 23/05/2018 answer text <p>Monetary policy, including quantitative easing, is the responsibility of the independent Monetary Policy Committee of the Bank of England, which has the primary objective, set out in law, of maintaining price stability, the value of money relative to the goods and services it is used to purchase.</p> answering member constituency Salisbury answering member printed John Glen question first answered 23/05/2018 15:40:34 answering member 4051 label Biography information for John Glen
tabling member	4124 label Biography information for Chi Onwurah

904645

registered interest
date	15/05/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Care Workers: Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what implications there are for his policy of the report Care workers, challenges of the tax and benefits system, published on 2 May 2018 by the Low Incomes Tax Reform Group; and whether his Department has made an assessment of potential risks of care workers being paid less than the minimum wage.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	144269
answer	answer is ministerial correction date of answer 21/05/2018 answer text <p><strong></strong>The government keeps all tax and welfare policies under review. We continue to monitor closely the social care workforce and the experience of care workers, and have committed to publishing a joint health and workforce strategy that will define ways to further support our much-valued care workforce. We remain fully committed to strong enforcement of National Minimum and Living Wage (NMW) rates for all workers, including those in the social care sector, in accordance with the law.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 21/05/2018 12:25:16 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4125 label Biography information for Catherine McKinnell

904819

registered interest
date	15/05/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Immigration: Windrush Generation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what estimate has been of made the cost to the public purse of the (a) total and (b) additional staffing costs of the Windrush compensation programme.
tabling member constituency	Tooting
tabling member printed	Dr Rosena Allin-Khan
uin	144377
answer	answer is ministerial correction date of answer 21/05/2018 answer text <p>As the Home Secretary has set out, the Government is committed to putting right the wrongs experienced by the Windrush generation, and is clear that where people have suffered loss they will be compensated. The Home Office is still working through the detail of what this scheme will look like, including potential costs to the department.</p><p> </p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 21/05/2018 12:17:19 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4573 label Biography information for Dr Rosena Allin-Khan

905383

registered interest
date	15/05/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Corporation Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what recent estimate his Department has made of the effect on the public purse of the Government’s plans to lower corporation tax to 17 per cent from 2020.
tabling member constituency	Coventry South
tabling member printed	Mr Jim Cunningham
uin	905448
answer	answer is ministerial correction date of answer 21/05/2018 answer text <p>Since 2010 the Government has reduced the rate of Corporation Tax from 28 per cent to 19 per cent today, and has legislated a further reduction to 17 per cent from 1 April 2020. The Exchequer costs of each rate reduction are certified by the Office for Budget Responsibility. They were published in Table 2.1 of the Budget or Autumn Statement document at announcement, and Table 2.2 of subsequent Budget documents until implementation.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 21/05/2018 16:18:36 answering member 3935 label Biography information for Mel Stride
tabling member	308 label Biography information for Mr Jim Cunningham

906284

registered interest
date	15/05/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cost of Living: Families
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps the Government is taking to support families with the cost of living.
tabling member constituency	Banbury
tabling member printed	Victoria Prentis
uin	905455
answer	answer is ministerial correction date of answer 21/05/2018 answer text <p>The government is committed to helping families both earn more and keep more of what they earn. On 1<sup>st</sup> April 2018, the National Living Wage (NLW) increased by 4.4% to £7.83. This represents an annual pay rise of over £2,000 for a full-time worker since the NLW was introduced in April 2016. The Personal Allowance and Higher Rate Threshold also increased in line with CPI, to £11,850 and £46,350 respectively. These changes to income tax will help 31 million people and mean a typical basic rate taxpayer will pay £1,075 less income tax in 2018-19 then in 2010-11.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 21/05/2018 12:22:07 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4401 label Biography information for Victoria Prentis