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971554

registered interest
date	11/09/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Growth
house id	1
legislature	25259 pref label House of Commons
question text	What steps he is taking to support economic growth.
tabling member constituency	Bolton West
tabling member printed	Chris Green
uin	906799
answer	answer is ministerial correction date of answer 11/09/2018 answer text The best way to drive economic growth is to raise productivity. Since 2010, this Government has provided over half a trillion pounds in capital investment, increased investment in skills, and reduced taxes for businesses. Lower taxes provide a strong incentive for businesses to invest in raising their productivity. Tax cuts include reductions to business rates worth over £10bn by 2023, freezing fuel duty for 8 years running, increasing R&D tax credits, and cutting corporation tax. answering member constituency Salisbury answering member printed John Glen question first answered 11/09/2018 16:10:51 answering member 4051 label Biography information for John Glen
tabling member	4398 label Biography information for Chris Green

971556

registered interest
date	11/09/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	EU Budget
house id	1
legislature	25259 pref label House of Commons
question text	What steps he is taking to reduce the total net annual financial outflow from the UK to the EU; and if he will make a statement.
tabling member constituency	Luton North
tabling member printed	Kelvin Hopkins
uin	906801
answer	answer is ministerial correction date of answer 11/09/2018 answer text <p>The UK and the EU reached an agreement in principle, in December 2017, on the financial settlement for the UK’s withdrawal from the EU. This was set out in the Joint Report on progress during Phase 1 of the negotiations. These principles will become legally binding through a Withdrawal Agreement as set out in the Government’s White Paper on legislating for the Withdrawal Agreement, published in July this year.</p><p> </p><p>Post-exit, decisions on spending will be made based on domestic priorities, considering the economic environment, the fiscal position and the negotiated outcome.</p><p> </p> answering member constituency Salisbury answering member printed John Glen question first answered 11/09/2018 16:17:09 answering member 4051 label Biography information for John Glen
tabling member	2 label Biography information for Kelvin Hopkins

971557

registered interest
date	11/09/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: Technology
house id	1
legislature	25259 pref label House of Commons
question text	What assessment he has made of the potential contribution of FinTech to the economy.
tabling member constituency	East Renfrewshire
tabling member printed	Paul Masterton
uin	906802
answer	answer is ministerial correction date of answer 11/09/2018 answer text Fintech contributes more than £6bn to the economy annually, employing 60,000 people across 1,600 companies. answering member constituency Salisbury answering member printed John Glen question first answered 11/09/2018 16:12:34 answering member 4051 label Biography information for John Glen
tabling member	4625 label Biography information for Paul Masterton