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1300767

registered interest
date	09/03/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Freeports: Yorkshire and the Humber
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether the Humber Freeport bid included commitments to maintain existing collective bargaining agreements with trade unions organising seafarers working on merchant ships working from Hull port; and if he will place a copy of that bid in the Library.
tabling member constituency	Kingston upon Hull East
tabling member printed	Karl Turner
uin	165510
answer	answer is ministerial correction date of answer 15/03/2021 answer text <p>The government is pleased to have announced the locations of 8 new English Freeports at Budget. The Ministry for Housing, Communities &amp; Local Government will shortly publish the rationale behind the selection of these Freeport locations according to the process laid out in the Prospectus.</p><p> </p><p>Successful bidders will be confirmed subject to a business case review, agreement of governance arrangements, and the fulfilment of the appropriate authorisations.</p><p> </p><p>Freeports are not deregulatory and the government will ensure that the UK’s high standards with respect to workers’ rights will not be compromised.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 165511 question first answered 15/03/2021 10:36:57 answering member 4095 label Biography information for Steve Barclay
tabling member	4030 label Biography information for Karl Turner

1300768

registered interest
date	09/03/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Freeports
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will take steps to consult trade unions on (a) employment rights and (b) governance structures before the eight Freeports announced in the Budget statement on 3 March 2021 begin operating.
tabling member constituency	Kingston upon Hull East
tabling member printed	Karl Turner
uin	165511
answer	answer is ministerial correction date of answer 15/03/2021 answer text <p>The government is pleased to have announced the locations of 8 new English Freeports at Budget. The Ministry for Housing, Communities &amp; Local Government will shortly publish the rationale behind the selection of these Freeport locations according to the process laid out in the Prospectus.</p><p> </p><p>Successful bidders will be confirmed subject to a business case review, agreement of governance arrangements, and the fulfilment of the appropriate authorisations.</p><p> </p><p>Freeports are not deregulatory and the government will ensure that the UK’s high standards with respect to workers’ rights will not be compromised.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 165510 question first answered 15/03/2021 10:36:57 answering member 4095 label Biography information for Steve Barclay
tabling member	4030 label Biography information for Karl Turner

1300776

registered interest
date	09/03/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Freeports: Yorkshire and the Humber
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what discussions he has had with the Secretary of State for Education on the potential effect of the Humber Freeport on the availability of seafarer apprenticeships in (a) Hull and (b) the Humber region.
tabling member constituency	Kingston upon Hull West and Hessle
tabling member printed	Emma Hardy
uin	165656
answer	answer is ministerial correction date of answer 15/03/2021 answer text <p>The Chancellor has not met with the Secretary of State for Education to discuss Freeports since the bidding process closed on the 5 February, in line with the government’s commitment to the fair, open and transparent assessment process outlined in the Bidding Prospectus.</p><p> </p><p>Our focus has been on getting places to send us their bids and proposals, rather than second-guessing what they will do. The government will continue to work with successful bidders to help them achieve their objectives, across a variety of sectors.</p><p><strong> </strong></p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 15/03/2021 10:38:50 answering member 4095 label Biography information for Steve Barclay
tabling member	4645 label Biography information for Emma Hardy

1300808

registered interest
date	09/03/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bounce Back Loan Scheme
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment his Department had made of the potential merits of extending the zero interest period for Bounce Back Loans from 12 months to 18 months to allow for all covid-19 lockdown restrictions to have been lifted before the first businesses must begin paying interest.
tabling member constituency	York Outer
tabling member printed	Julian Sturdy
uin	165518
answer	answer is ministerial correction date of answer 16/03/2021 answer text <p>Under the Bounce Back Loan scheme, no repayments are due from the borrower for the first 12 months of the loan, giving businesses the breathing space they need during this difficult time. In addition, the Government covers the first 12 months of interest payments charged to the business by the lender.</p><p> </p><p>In order to give businesses further support and flexibility in making their repayments, the Chancellor has announced “Pay as You Grow” (PAYG) options. Under Pay as You Grow, following the end of the 12-month payment-free period, businesses can pause their repayments for six months – the interest in this case will accrue to the borrower, for payment later. This means that businesses can opt not to make any repayments on their Bounce Back loan for up to 18 months after they received the loan. Borrowers will also have the option to move temporarily to interest-only payments for periods of up to six months (an option which they can use up to three times), and to extend the term of their loan from six to ten years, reducing their monthly payments by almost half.</p><p> </p><p>Together, the 12-month payment holiday and interest-free period for borrowers, along with the PAYG options, form part of the Government’s unprecedented support package for businesses to protect jobs - including paying wages through the furlough schemes and self-employed support payments, generous grants, tax deferrals.</p> answering member constituency Salisbury answering member printed John Glen question first answered 16/03/2021 09:21:16 answering member 4051 label Biography information for John Glen
tabling member	4079 label Biography information for Julian Sturdy

1300824

registered interest
date	09/03/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Conduct Authority: Disclosure of Information
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans he has to ensure that the (a) Financial Conduct Authority (FCA) and (b) Financial Services Compensation Scheme (FSCS) (i) make consumers aware of FCA Comp rule 7.4.1, (ii) do not financially disadvantage consumers by not disclosing that rule and (iii) compensate consumers in the event that they are financially disadvantaged as a result of not disclosing that rule.
tabling member constituency	Dumfriesshire, Clydesdale and Tweeddale
tabling member printed	David Mundell
uin	165461
answer	answer is ministerial correction date of answer 16/03/2021 answer text The Financial Services Compensation Scheme (FSCS) seeks to recover some or all of the cost of compensation from financial firms that have failed. This benefits both the levy payers that fund the FSCS, and claimants who have been already been paid compensation by the FSCS but still have uncompensated losses. Since the start of the 2015-16 financial year, the FSCS has recovered more than £280mn from failed firms.<p> </p><p>The Financial Conduct Authority’s (FCA) Compensation Manual, which sets out the rules regarding the FSCS’s duty to seek recoveries, is published and accessible to consumers on the FCA’s website. The FSCS also publishes information for consumers about its approach to recoveries on its website.</p> answering member constituency Salisbury answering member printed John Glen question first answered 16/03/2021 09:19:31 answering member 4051 label Biography information for John Glen
tabling member	1512 label Biography information for David Mundell

1300885

registered interest
date	09/03/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Freeports: Employment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will publish the estimates that his Department uses for the number of new jobs that will be created in each year to 2025 at each of the freeport locations announced in Budget 2021.
tabling member constituency	Easington
tabling member printed	Grahame Morris
uin	165497
answer	answer is ministerial correction date of answer 15/03/2021 answer text <p>Our focus has been on getting places to send us their bids and proposals, rather than second-guessing what they will do. The modelling we have done to support that process remains sensitive at this point and liable to change significantly now the locations have been announced.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 15/03/2021 14:48:06 answering member 4095 label Biography information for Steve Barclay
tabling member	3973 label Biography information for Grahame Morris

1300388

registered interest
date	08/03/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Members: Correspondence
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when he plans to respond to the letter from the hon. Member for West Lancashire of 27 November 2020 on business rates, reference ZA54614.
tabling member constituency	West Lancashire
tabling member printed	Rosie Cooper
uin	164401
answer	answer is ministerial correction date of answer 11/03/2021 answer text <p>HM Treasury has no record of receiving the letter of 27 November from the Honourable Member. The Member's follow up correspondence of 18 February is now receiving attention. HM Treasury apologises for the delay in responding and will respond to the Member as soon as possible.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 11/03/2021 12:41:47 answering member 3991 label Biography information for Jesse Norman
tabling member	1538 label Biography information for Rosie Cooper