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1148328

registered interest
date	04/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Equitable Life Assurance Society: Compensation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will issue guidance on the recourse available to people in Crewe and Nantwich constituency who have either not been paid out for Equitable Life or who have received insufficient compensation.
tabling member constituency	Crewe and Nantwich
tabling member printed	Laura Smith
uin	294744
answer	answer is ministerial correction date of answer 08/10/2019 answer text <p>There are no plans to reopen the Payment Scheme or review the £1.5 billion funding allocation previously made to it. The Equitable Life Payment Scheme closed to claims in 2015 and further guidance on the status of the Payment Scheme after closure is available at https://www.gov.uk/guidance/equitable-life-payment-scheme#closure-of-the-scheme.</p> answering member constituency Salisbury answering member printed John Glen question first answered 08/10/2019 12:09:58 answering member 4051 label Biography information for John Glen
tabling member	4648 label Biography information for Laura Smith

1148378

registered interest
date	04/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Inflation and Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what comparative assessment he has made of rates of wage growth and inflation.
tabling member constituency	Woking
tabling member printed	Mr Jonathan Lord
uin	294713
answer	answer is ministerial correction date of answer 08/10/2019 answer text <p>The fundamentals of the British economy are strong – wages are growing at the fastest rate in over a decade, employment is at a joint record high and the unemployment rate is at its lowest in over 40 years. Inflation has been at or around target since the start of 2019, and as a result wages have now outpaced inflation on a CPI basis for over a year.</p><p>On 1 April 2019, we increased the National Living Wage by 4.9% to £8.21 - an above inflation increase which meant that a full-time worker on the National Living Wage would be earning £690 more over the coming year. Supported by the National Living Wage, the lowest earners have seen their wages grow by 8% above inflation between April 2015 and April 2018.</p> answering member constituency Salisbury answering member printed John Glen question first answered 08/10/2019 12:08:40 answering member 4051 label Biography information for John Glen
tabling member	4090 label Biography information for Mr Jonathan Lord

1147742

registered interest
date	02/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Women in Finance Charter
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many organisations in (a) Yorkshire and the Humber, (b) London and (c) the UK have signed up to the Women in Finance Charter; and how many workers in each such area are covered under that Charter.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	293647
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>HM Treasury’s Women in Finance Charter reflects our ambition to see an improved gender balance in the financial services industry. Charter signatories have committed to implement strategic actions to improve their gender balance at a senior level.</p><p> </p><p>To date, over 350 financial services firms have signed the Charter, covering over 800,000 people. Of these, around two thirds of signatories have headquarters in London and around one third have headquarters elsewhere in the UK.</p><p> </p><p>We only hold information on the location of each signatory’s headquarters and so we are unable to provide an estimate of how many workers in each area are covered by the Charter. For example, some of the signatory organisations headquartered in London will have locations in other areas of the country. Of the over 1 million people employed in the financial and insurance sector in the UK, 63% work outside London.</p><p> </p><p>Our second annual review of the Women in Finance Charter was published on 14 March 2019 and demonstrated that 72% of signatories had increased the proportion of women in senior management over that period. Firms who have been signed up for two years made more progress in the second year than in the first. We are in the process of gathering data for the third annual review which I hope will show further progress.</p> answering member constituency Salisbury answering member printed John Glen question first answered 07/10/2019 14:11:20 answering member 4051 label Biography information for John Glen
tabling member	4471 label Biography information for Rachael Maskell

1147743

registered interest
date	02/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Situation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment his Department has made of economic effect of the UK leaving the EU without a deal; and whether that assessment has changed compared with assessments made before 29 March 2019.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	293648
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>We would prefer to leave with a deal, and we continue to work in an energetic and determined way to get that better deal.</p><p> </p><p>The Government is turbocharging preparations to ensure we are ready to leave with or without a deal on 31 October, and all necessary funds will be made available.</p><p> </p><p>The fundamentals of the British economy are strong – real wages are growing; employment is at a record high and the unemployment rate is at a historic low.</p><p> </p><p>Short-term forecasting is undertaken by the Office for Budget Responsibility in line with its statutory duty. In line with its remit, the OBR’s forecasts include the economic and fiscal impact of government policy on EU exit where the effects can be quantified with reasonable accuracy.</p><p> </p><p>The Bank of England has provided analysis of the EU exit impacts on the UK economy consistent with its responsibilities on monetary policy.</p><p><strong> </strong></p><p><strong> </strong></p> answering member constituency Salisbury answering member printed John Glen question first answered 07/10/2019 14:08:05 answering member 4051 label Biography information for John Glen
tabling member	4471 label Biography information for Rachael Maskell

1147878

registered interest
date	02/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Banks: Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent steps he has taken to increase the transparency of banks' investments, in particular the financing of arms, pesticides, plastic packaging and fossil fuels.
tabling member constituency	Newcastle-under-Lyme
tabling member printed	Paul Farrelly
uin	293483
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>The Companies, Partnerships and Groups (Accounts and Non-Financial Reporting) Regulations 2016 require banks to disclose the impact of their activities on social and environmental matters.</p><p> </p><p>In addition, the Government launched in July its Green Finance Strategy with the ambition to align private sector financial flows with clean, environmentally sustainable and resilient growth. In the Strategy, the Government set an expectation that all listed companies and large asset owners, including banks, will make disclosures in line with the recommendations of the Taskforce on Climate-Related Financial Disclosures by 2022.</p><p> </p> answering member constituency Salisbury answering member printed John Glen question first answered 07/10/2019 14:05:58 answering member 4051 label Biography information for John Glen
tabling member	1436 label Biography information for Paul Farrelly