Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

809584

registered interest
date	19/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Private Finance Initiative: Corporation Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether the rates of corporation tax paid by private sector contractors are included in the value for money assessment in private finance and private finance 2 contracts.
tabling member constituency	Walthamstow
tabling member printed	Stella Creasy
uin	120242
answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The value for money assessment for a Public Private Partnership follows the Green Book in the same way as all other central government investment decisions, including where changes in tax may make a material difference to the decision.</p><p> </p> answering member constituency Harrogate and Knaresborough answering member printed Andrew Jones question first answered 21/12/2017 13:30:16 answering member 3996 label Biography information for Andrew Jones
tabling member	4088 label Biography information for Stella Creasy

809622

registered interest
date	19/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Credit Unions: Financial Services Compensation Scheme
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many credit unions were subject to intervention by the financial services compensation scheme to protect savers in 2016.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	120256
answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The Financial Services Compensation Scheme publishes details of interventions it has undertaken to protect depositors, which can be found on the fscs.org.uk website. The Scheme announced that it had protected the savings of members in five credit unions which entered default in 2016.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 21/12/2017 11:09:17 answering member 4095 label Biography information for Steve Barclay
tabling member	1409 label Biography information for Mr Gregory Campbell

809730

registered interest
date	19/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Treasury: Written Questions
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many and what proportion of his Department's Answers to Written Parliamentary Questions in the 2017-18 Session to date have referred to the information requested not being (a) collected or (b) collated centrally.
tabling member constituency	Vale of Clwyd
tabling member printed	Chris Ruane
uin	120350
answer	answer is ministerial correction date of answer 21/12/2017 answer text Out of a total of 1796 parliamentary questions answered by Treasury ministers during the current session, 17 have been responded to stating that that the requested information was not collected or collated centrally. answering member constituency Harrogate and Knaresborough answering member printed Andrew Jones question first answered 21/12/2017 13:32:44 answering member 3996 label Biography information for Andrew Jones
tabling member	534 label Biography information for Chris Ruane

809782

registered interest
date	19/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Banks: Cardiff North
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many bank branch closures there have been in Cardiff North constituency in the last 10 years.
tabling member constituency	Cardiff North
tabling member printed	Anna McMorrin
uin	120402
answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The Treasury does not collect data relating to bank branch closures.</p><p>While the decision to close a branch remains a commercial judgement for banks, the impact on communities must be understood, considered and mitigated where possible.</p><p> </p><p>The industry’s Access to Banking Standard, launched in May 2017, commits banks to inform customers and stakeholders of the decision to close a branch as soon as the bank is operationally ready to do so. Banks must provide a minimum of 12 weeks’ notice but are free to provide more. RBS, for example, generally provides 6 months’ notice. The Access to Banking Standard also ensures customers understand the options they have locally to continue to access banking services, including specialist assistance for customers who need more help. Banks’ obligations under the Access to Banking Standard are monitored and enforced by the independent Lending Standards Board.</p><p> </p><p>99% of banks’ personal and 95% of banks’ business customers are now able to withdraw cash, deposit cash and cheques, and make balance enquiries at a Post Office counter via its network of 11,600 branches. At Autumn Budget 2017, I wrote to the Post Office and UK Finance to ask them to raise public awareness of the banking services available at the Post Office for individuals and SMEs. Government will have provided nearly £2 billion during the period 2011 to 2018 to maintain and modernise the Post Office network, and has recently announced an additional £370 million of funding for the period 2018-2021.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 120404 120405 120406 question first answered 21/12/2017 11:13:20 answering member 4095 label Biography information for Steve Barclay
tabling member	4632 label Biography information for Anna McMorrin

809784

registered interest
date	19/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Banks: Closures
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps his Department is taking to encourage banks to engage with customers and stakeholders before the 12-week minimum standards in the event of proposed bank branch closures.
tabling member constituency	Cardiff North
tabling member printed	Anna McMorrin
uin	120404
answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The Treasury does not collect data relating to bank branch closures.</p><p>While the decision to close a branch remains a commercial judgement for banks, the impact on communities must be understood, considered and mitigated where possible.</p><p> </p><p>The industry’s Access to Banking Standard, launched in May 2017, commits banks to inform customers and stakeholders of the decision to close a branch as soon as the bank is operationally ready to do so. Banks must provide a minimum of 12 weeks’ notice but are free to provide more. RBS, for example, generally provides 6 months’ notice. The Access to Banking Standard also ensures customers understand the options they have locally to continue to access banking services, including specialist assistance for customers who need more help. Banks’ obligations under the Access to Banking Standard are monitored and enforced by the independent Lending Standards Board.</p><p> </p><p>99% of banks’ personal and 95% of banks’ business customers are now able to withdraw cash, deposit cash and cheques, and make balance enquiries at a Post Office counter via its network of 11,600 branches. At Autumn Budget 2017, I wrote to the Post Office and UK Finance to ask them to raise public awareness of the banking services available at the Post Office for individuals and SMEs. Government will have provided nearly £2 billion during the period 2011 to 2018 to maintain and modernise the Post Office network, and has recently announced an additional £370 million of funding for the period 2018-2021.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 120402 120405 120406 question first answered 21/12/2017 11:13:20 answering member 4095 label Biography information for Steve Barclay
tabling member	4632 label Biography information for Anna McMorrin

809785

registered interest
date	19/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Banks: Closures
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the effect of bank branch closures in communities with lower population density and higher elderly populations.
tabling member constituency	Cardiff North
tabling member printed	Anna McMorrin
uin	120405
answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The Treasury does not collect data relating to bank branch closures.</p><p>While the decision to close a branch remains a commercial judgement for banks, the impact on communities must be understood, considered and mitigated where possible.</p><p> </p><p>The industry’s Access to Banking Standard, launched in May 2017, commits banks to inform customers and stakeholders of the decision to close a branch as soon as the bank is operationally ready to do so. Banks must provide a minimum of 12 weeks’ notice but are free to provide more. RBS, for example, generally provides 6 months’ notice. The Access to Banking Standard also ensures customers understand the options they have locally to continue to access banking services, including specialist assistance for customers who need more help. Banks’ obligations under the Access to Banking Standard are monitored and enforced by the independent Lending Standards Board.</p><p> </p><p>99% of banks’ personal and 95% of banks’ business customers are now able to withdraw cash, deposit cash and cheques, and make balance enquiries at a Post Office counter via its network of 11,600 branches. At Autumn Budget 2017, I wrote to the Post Office and UK Finance to ask them to raise public awareness of the banking services available at the Post Office for individuals and SMEs. Government will have provided nearly £2 billion during the period 2011 to 2018 to maintain and modernise the Post Office network, and has recently announced an additional £370 million of funding for the period 2018-2021.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 120402 120404 120406 question first answered 21/12/2017 11:13:20 answering member 4095 label Biography information for Steve Barclay
tabling member	4632 label Biography information for Anna McMorrin

809786

registered interest
date	19/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Banks: Closures
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps his Department is taking to tackle the social effects of bank branch closures on lower-income communities.
tabling member constituency	Cardiff North
tabling member printed	Anna McMorrin
uin	120406
answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The Treasury does not collect data relating to bank branch closures.</p><p>While the decision to close a branch remains a commercial judgement for banks, the impact on communities must be understood, considered and mitigated where possible.</p><p> </p><p>The industry’s Access to Banking Standard, launched in May 2017, commits banks to inform customers and stakeholders of the decision to close a branch as soon as the bank is operationally ready to do so. Banks must provide a minimum of 12 weeks’ notice but are free to provide more. RBS, for example, generally provides 6 months’ notice. The Access to Banking Standard also ensures customers understand the options they have locally to continue to access banking services, including specialist assistance for customers who need more help. Banks’ obligations under the Access to Banking Standard are monitored and enforced by the independent Lending Standards Board.</p><p> </p><p>99% of banks’ personal and 95% of banks’ business customers are now able to withdraw cash, deposit cash and cheques, and make balance enquiries at a Post Office counter via its network of 11,600 branches. At Autumn Budget 2017, I wrote to the Post Office and UK Finance to ask them to raise public awareness of the banking services available at the Post Office for individuals and SMEs. Government will have provided nearly £2 billion during the period 2011 to 2018 to maintain and modernise the Post Office network, and has recently announced an additional £370 million of funding for the period 2018-2021.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 120402 120404 120405 question first answered 21/12/2017 11:13:20 answering member 4095 label Biography information for Steve Barclay
tabling member	4632 label Biography information for Anna McMorrin

809820

registered interest
date	19/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Gambling
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential merits of prohibiting the marketing, distribution or sale of binary options to retail clients.
tabling member constituency	Leeds North West
tabling member printed	Alex Sobel
uin	120440
answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The government has not made an assessment. The government has legislated to transfer responsibility for the regulation of binary options from the Gambling Commission to the Financial Conduct Authority from 3 January 2018. The FCA recently warned investors about the risks of investing in binary options. The European Securities and Markets Authority have recently announced that they are considering measures to prohibit the marketing, distribution or sale of binary options to retail clients in the EU to address the significant risks to investors associated with this product. As the independent regulator, the FCA have indicated that they are supportive of ESMA’s proposals.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 21/12/2017 11:08:05 answering member 4095 label Biography information for Steve Barclay
tabling member	4658 label Biography information for Alex Sobel

808785

registered interest
date	18/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Universities
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what discussions he has had with the universities sector on mitigating any negative effect on the sector after the UK leaves the EU.
tabling member constituency	North Dorset
tabling member printed	Simon Hoare
uin	119894
answer	answer is ministerial correction date of answer 20/12/2017 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. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at:</p><p><a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a></p><p> </p><p>The government is committed to maintaining the position of our world-class universities and is listening closely to the sector as we implement the Higher Education and Research Act 2017 and begin the exit process from the European Union. The Chancellor has recently met the Russell Group in this regard.</p><p> </p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 20/12/2017 16:39:02 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4494 label Biography information for Simon Hoare

808796

registered interest
date	18/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Cash Dispensing: Fees and Charges
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the effect of the proposal by the LINK network of AGM providers to reduce interchange fees on (a) consumers, (b) small business and (c) high streets and (d) access to cash for customers; whether his Department has made an assessment of the combined effect of that proposal with a reduction in the availability of banks on (i) consumers and (ii) businesses; and what progress has been made on the commitment he gave in his evidence to the House of Lords Exclusion Committee on engaging with the LINK network and its members to ensure that widespread free access to cash is maintained.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	119905
answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The Government recognises that widespread free access to cash remains extremely important to the day-to-day lives of many consumers and businesses in the UK, and will continue to work with industry to ensure that this access continues. Since 1998, the number of free to use ATMs has more than doubled, from 24,600 to over 53,000.</p><p> </p><p>The Government has not made any formal assessment of the potential effect of LINK’s proposals to reduce interchange fees in isolation, or in combination with bank branch closures. However, the Payment Systems Regulator (PSR), which Government set up in 2015 with the statutory objective to ensure that the UK’s payment systems work in the interests of their users is monitoring developments within ATM provision, and is conducting ongoing internal work on the impact that changes may have on ATM provision. Government is confident that the PSR will use its powers to act should any of the firms it regulates behave in a way that conflicts with its statutory objectives.</p><p> </p><p>The Government is engaging regularly with LINK and its members, and they have assured us that industry is committed to maintaining an extensive network of free-to-use cash machines, and to ensuring that the present geographical spread of ATMs is maintained. LINK intend to bolster their Financial Inclusion Programme, which ensures the provision of ATMs in areas of deprivation, where demand would not otherwise make one viable, and have recently also committed to protecting all free-to-use ATMs which are a kilometre or more from the next nearest free-to-use ATM. The Government expects this additional commitment to be of particular benefit to rural areas.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 119978 120174 question first answered 21/12/2017 11:53:32 answering member 4095 label Biography information for Steve Barclay
tabling member	4061 label Biography information for Bill Esterson