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533566
registered interest false more like this
date less than 2016-07-07more like thismore than 2016-07-07
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Treasury: Public Expenditure more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what funding was allocated to each of his Department's sub-divisions in each year since 2009-10; and what forecasts of allocations have been made for future years. more like this
tabling member constituency Hampstead and Kilburn more like this
tabling member printed
Tulip Siddiq more like this
uin 42174 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-07-12more like thismore than 2016-07-12
answer text <p>The funding for each of Treasury’s sub divisions since 2009-10 can be found on the Main Estimates at www.gov.uk/government/collections/hmt-main-estimates.</p><p> </p><p>The Treasury does not usually set detailed budgets more than a year ahead but have provided the Office for Budget Responsibility with a funding commitment for the period to 2020-21. This can be found at www.budgetresponsibility.org.uk/topics/governance-and-reporting/#letters.</p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2016-07-12T13:57:30.793Zmore like thismore than 2016-07-12T13:57:30.793Z
answering member
4107
label Biography information for Dame Harriett Baldwin remove filter
tabling member
4518
label Biography information for Tulip Siddiq more like this
533337
registered interest false more like this
date less than 2016-07-06more like thismore than 2016-07-06
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Budgets more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, pursuant to his oral contribution on 4 July 2016, Official Report, column 626, on what date he (a) decided not to introduce an emergency budget and (b) asked the OBR to assess the effect of the EU referendum result on the economy. more like this
tabling member constituency Christchurch more like this
tabling member printed
Mr Christopher Chope more like this
uin 42114 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-07-11more like thismore than 2016-07-11
answer text <p>As the Chancellor has said, the referendum result will have an impact on the economy and public finances – and there will need to be action to address that. Given the delay in triggering Article 50 and the Prime Minister’s decision to hand over to a successor, it is sensible that decisions on what that action should consist of should wait until the Office of Budget Responsibility has made an economic forecast in the Autumn.</p><p> </p><p>The Chancellor will commission the OBR to provide an Autumn forecast in the usual way.</p><p> </p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2016-07-11T15:52:02.547Zmore like thismore than 2016-07-11T15:52:02.547Z
answering member
4107
label Biography information for Dame Harriett Baldwin remove filter
tabling member
242
label Biography information for Sir Christopher Chope more like this
532885
registered interest false more like this
date less than 2016-07-05more like thismore than 2016-07-05
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Public Finance more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, in what year he predicts the UK will achieve a budget surplus. more like this
tabling member constituency Ribble Valley more like this
tabling member printed
Mr Nigel Evans more like this
uin 41869 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-07-11more like thismore than 2016-07-11
answer text <p>The Office for Budget Responsibility will produce a revised forecast for the UK public finances in the autumn, which will take account of the UK’s decision to leave the EU, alongside other developments in the economy and public finances.</p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2016-07-11T08:55:19.11Zmore like thismore than 2016-07-11T08:55:19.11Z
answering member
4107
label Biography information for Dame Harriett Baldwin remove filter
tabling member
474
label Biography information for Mr Nigel Evans more like this
532886
registered interest false more like this
date less than 2016-07-05more like thismore than 2016-07-05
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Public Finance more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, if he will estimate when the Exchequer will next achieve a surplus. more like this
tabling member constituency East Ham more like this
tabling member printed
Stephen Timms more like this
uin 41937 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-07-11more like thismore than 2016-07-11
answer text <p>The Office for Budget Responsibility will produce a revised forecast for the UK public finances in the autumn, which will take account of the UK’s decision to leave the EU, alongside other developments in the economy and public finances.</p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2016-07-11T08:58:37.03Zmore like thismore than 2016-07-11T08:58:37.03Z
answering member
4107
label Biography information for Dame Harriett Baldwin remove filter
tabling member
163
label Biography information for Sir Stephen Timms more like this
532417
registered interest false more like this
date less than 2016-07-04more like thismore than 2016-07-04
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Treasury: Pay more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, (a) how much has been paid to officials of his Department as an additional incentive for working overtime on top of their normal overtime payments, (b) how much has been offered to any individual staff member for a one-off occurrence, (c) how many staff received such incentivised additional payments, (d) from which budgets such payments were made and (e) at which Ministerial or official level the business cases or payment approval for such payments was made in (i) each of the last five years and (ii) 2016 to date. more like this
tabling member constituency Rotherham more like this
tabling member printed
Sarah Champion more like this
uin 41815 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-07-11more like thismore than 2016-07-11
answer text <p>The Treasury pays officials where overtime working is necessary. It does not offer additional incentives on top of official’s normal overtime payments nor does it pay for one-off occurrences.</p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2016-07-11T09:02:40.83Zmore like thismore than 2016-07-11T09:02:40.83Z
answering member
4107
label Biography information for Dame Harriett Baldwin remove filter
tabling member
4267
label Biography information for Sarah Champion more like this
532422
registered interest false more like this
date less than 2016-07-04more like thismore than 2016-07-04
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Insurance: Regulation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential effect of the UK leaving the EU on the (a) regulation of the insurance industry and (b) implementation of the Solvency II Directive. more like this
tabling member constituency St Helens North more like this
tabling member printed
Conor McGinn more like this
uin 41683 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-07-07more like thismore than 2016-07-07
answer text <p>Action taken by the Government and the Bank of England over the last six years has substantially strengthened the resilience of the financial system, and the authorities have all the necessary tools in place to protect financial stability.</p><p> </p><p>Following the referendum result, the Government must now prepare for a negotiation to exit the EU to ensure that the interests of all parts of the UK are protected and advanced. I want us to agree an economic relationship with the rest of Europe that provides for the best possible terms of trade in financial services, including insurance.</p><p> </p><p>The Prime Minister has been clear that the negotiation for Britain’s future relationship with Europe will begin under a new Prime Minister. In the meantime, and during the negotiations that follow, there will be no change to the way that insurance is sold or regulated.</p><p> </p><p>Much financial regulation currently applicable in the UK derives from EU legislation, including Solvency II. Until negotiations are concluded, we remain a full member of the EU and must meet our obligations as a member of the EU.</p>
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2016-07-07T14:08:42.437Zmore like thismore than 2016-07-07T14:08:42.437Z
answering member
4107
label Biography information for Dame Harriett Baldwin remove filter
tabling member
4458
label Biography information for Conor McGinn more like this
532423
registered interest false more like this
date less than 2016-07-04more like thismore than 2016-07-04
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Banks: Regulation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential effect of the UK leaving the EU on the transposition of the Basel III reform measures into UK law. more like this
tabling member constituency St Helens North more like this
tabling member printed
Conor McGinn more like this
uin 41690 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-07-07more like thismore than 2016-07-07
answer text <p>The Government continues to support the need for international standards, such as the capital framework developed by the international Basel Committee on Banking Standards. These are important to ensure both financial stability and a level playing field for the UK’s world-leading financial services industry.</p><p> </p><p>The Prime Minister has been clear that the negotiation for Britain’s future relationship with Europe will begin under a new Prime Minister. Until negotiations are concluded, we remain a full member of the EU and must meet our obligations as a member of the EU.</p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2016-07-07T14:20:08.687Zmore like thismore than 2016-07-07T14:20:08.687Z
answering member
4107
label Biography information for Dame Harriett Baldwin remove filter
tabling member
4458
label Biography information for Conor McGinn more like this
530662
registered interest false more like this
date less than 2016-06-30more like thismore than 2016-06-30
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Economic Situation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment he has made of the economic effect of the outcome of the EU referendum. more like this
tabling member constituency Carshalton and Wallington more like this
tabling member printed
Tom Brake more like this
uin 41530 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-07-08more like thismore than 2016-07-08
answer text <p>While it is clear that we do now face a significant economic challenge as a result of the referendum decision, the UK economy is well placed to respond. Over the last six years we have taken a series of difficult, sometimes painful decisions in order to rebuild our economy.</p><p> </p><p>To minimise the risk to the economy in general, and make the decision work for the UK, we need to ensure that we resolve the economic uncertainty by working together to determine the model for our new relationship with the EU.</p><p> </p><p>Before the referendum campaign, the UK government published short-term and long-term assessments of the likely impact on the economy of the UK leaving the EU.</p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2016-07-08T11:22:53.157Zmore like thismore than 2016-07-08T11:22:53.157Z
answering member
4107
label Biography information for Dame Harriett Baldwin remove filter
tabling member
151
label Biography information for Tom Brake more like this
530663
registered interest false more like this
date less than 2016-06-30more like thismore than 2016-06-30
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Employment more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment he has made on the potential effect on levels of employment of the UK leaving the EU. more like this
tabling member constituency Carshalton and Wallington more like this
tabling member printed
Tom Brake more like this
uin 41533 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-07-08more like thismore than 2016-07-08
answer text <p>As the governor of the Bank of England said, the referendum result is as expected likely to lead to a significant negative shock for the British economy. Since the referendum there has been no new assessment of predicted levels of employment.</p><p> </p><p>Before the referendum campaign, the UK government published a short term assessment of predicted levels of employment of the UK leaving the EU.</p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2016-07-08T12:18:49.953Zmore like thismore than 2016-07-08T12:18:49.953Z
answering member
4107
label Biography information for Dame Harriett Baldwin remove filter
tabling member
151
label Biography information for Tom Brake more like this
530664
registered interest false more like this
date less than 2016-06-30more like thismore than 2016-06-30
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Cost of Living more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what estimate he has made on the potential effect of the outcome of the EU referendum on the cost of (a) household products, (b) food and (c) cars. more like this
tabling member constituency Carshalton and Wallington more like this
tabling member printed
Tom Brake more like this
uin 41531 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-07-08more like thismore than 2016-07-08
answer text <p>As the governor of the Bank of England said, the referendum result is as expected likely to lead to a significant negative shock for the British economy. Since the referendum there has been no assessment of predicted inflation broken down by sector.</p><p> </p><p>The trade – weighted value of the pound sterling has fallen by 11.5% since June 23<sup>rd</sup>.</p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2016-07-08T11:23:48.06Zmore like thismore than 2016-07-08T11:23:48.06Z
answering member
4107
label Biography information for Dame Harriett Baldwin remove filter
tabling member
151
label Biography information for Tom Brake more like this