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1338665

registered interest
date	22/06/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Policy: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	What economic contingency planning his Department has undertaken in the event of a third wave of covid-19.
tabling member constituency	Bethnal Green and Bow
tabling member printed	Rushanara Ali
uin	901630
answer	answer is ministerial correction date of answer 22/06/2021 answer text <p>Throughout the pandemic, the Government has sought to protect people’s jobs and livelihoods while also supporting businesses and public services across the UK.</p><p>We have put in place an economic package of support totalling £352 billion through the furlough and self-employed income support schemes, support for businesses through grants and loans, business rates and VAT relief.</p><p>At the Budget, the Chancellor extended this package of economic support to accommodate even the most cautious view about the time it might take to exit restrictions and to provide certainty and continuity to business. The Government continues to keep all impacts and policies under review.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 901628 901629 901640 question first answered 22/06/2021 13:25:02 answering member 4095 label Biography information for Steve Barclay
tabling member	4138 label Biography information for Rushanara Ali

1338666

registered interest
date	22/06/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: Fraud
house id	1
legislature	25259 pref label House of Commons
question text	What recent discussions he has had with the Financial Conduct Authority on tackling online financial crime.
tabling member constituency	East Ham
tabling member printed	Stephen Timms
uin	901634
answer	answer is ministerial correction date of answer 22/06/2021 answer text <p>Whilst the FCA is an independent, non-governmental regulator, the Treasury, as the department jointly responsible for economic crime policy with Home Office, is in regular contact with the FCA on matters to do with online financial crime. I can confirm that my officials hold regular discussions with their FCA counterparts on these issues, including on the delivery of the Economic Crime Plan, the prevention of online harms, including financial promotions and online fraud, and issues related to anti-money laundering supervision. In addition, the FCA is a member of the Economic Crime Strategic Board, through which the government, regulators, law enforcement, and industry discuss and drive forward the UK’s overall response to economic crime.</p><p><strong> </strong></p> answering member constituency Salisbury answering member printed John Glen question first answered 22/06/2021 13:27:08 answering member 4051 label Biography information for John Glen
tabling member	163 label Biography information for Sir Stephen Timms

1338668

registered interest
date	22/06/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	What recent assessment he has made of the adequacy of the support available to businesses in response to the covid-19 outbreak.
tabling member constituency	Rochdale
tabling member printed	Tony Lloyd
uin	901628
answer	answer is ministerial correction date of answer 22/06/2021 answer text <p>Throughout the pandemic, the Government has sought to protect people’s jobs and livelihoods while also supporting businesses and public services across the UK.</p><p>We have put in place an economic package of support totalling £352 billion through the furlough and self-employed income support schemes, support for businesses through grants and loans, business rates and VAT relief.</p><p>At the Budget, the Chancellor extended this package of economic support to accommodate even the most cautious view about the time it might take to exit restrictions and to provide certainty and continuity to business. The Government continues to keep all impacts and policies under review.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 901629 901630 901640 question first answered 22/06/2021 13:25:02 answering member 4095 label Biography information for Steve Barclay
tabling member	450 label Biography information for Tony Lloyd

1338669

registered interest
date	22/06/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	What recent assessment he has made of the adequacy of the support available to businesses in response to the covid-19 outbreak.
tabling member constituency	Croydon Central
tabling member printed	Sarah Jones
uin	901629
answer	answer is ministerial correction date of answer 22/06/2021 answer text <p>Throughout the pandemic, the Government has sought to protect people’s jobs and livelihoods while also supporting businesses and public services across the UK.</p><p>We have put in place an economic package of support totalling £352 billion through the furlough and self-employed income support schemes, support for businesses through grants and loans, business rates and VAT relief.</p><p>At the Budget, the Chancellor extended this package of economic support to accommodate even the most cautious view about the time it might take to exit restrictions and to provide certainty and continuity to business. The Government continues to keep all impacts and policies under review.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 901628 901630 901640 question first answered 22/06/2021 13:25:02 answering member 4095 label Biography information for Steve Barclay
tabling member	4631 label Biography information for Sarah Jones

1338792

registered interest
date	22/06/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank Services: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has had discussions with banks on the return of full banking services in store as covid-19 restrictions are eased.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	20408
answer	answer is ministerial correction date of answer 29/06/2021 answer text <p>Throughout the pandemic the Government has worked closely with the financial regulators and banking industry to ensure they continue to maintain branch access for essential services while balancing the needs of their customers with the safety and welfare of staff. The vast majority of branches have remained open, though some have operated at reduced hours.</p><p> </p><p>Though it is up to individual firms what services they offer in branches, the Financial Conduct Authority (FCA) has expected firms throughout the pandemic to continue to ensure essential services are available for vulnerable customers.</p><p> </p><p>Customers also continue to be able to use other channels, such as telephone, online and mobile banking. 95% of business and 99% of personal customers are also able to carry out their everyday banking at over 11,500 Post Office branches across the UK.</p> answering member constituency Salisbury answering member printed John Glen question first answered 29/06/2021 13:49:01 answering member 4051 label Biography information for John Glen
tabling member	4131 label Biography information for Jim Shannon

1338859

registered interest
date	22/06/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Net Zero Review
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 24 May 2021 to Question 3084 on Net Zero Review, for what reason his Department did not publish the final report of his Department’s Net Zero Review in spring 2021; and what recent progress his Department has made on publishing that report.
tabling member constituency	Leeds North West
tabling member printed	Alex Sobel
uin	20495
answer	answer is ministerial correction date of answer 29/06/2021 answer text <p>HM Treasury’s Net Zero Review final report will be published in due course, and in advance of COP26.</p><p> </p><p>It will be an analytical report that uses existing data to explore the key issues and trade-offs as the UK decarbonises. Against a backdrop of significant uncertainty on technology and costs, as well as changes to the economy over the next 30 years, it focuses on the potential exposure of households and sectors to the transition, and highlights factors to be taken into account in designing policy that will allocate costs over this time horizon. In line with the Review’s terms of reference, the report will not include policy recommendations.</p><p> </p><p>The Review forms part of a cross-government effort to support the UK’s transition to net zero. The government’s Net Zero Strategy will be published later this year.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 29/06/2021 15:13:08 answering member 4597 label Biography information for Kemi Badenoch
tabling member	4658 label Biography information for Alex Sobel

1338886

registered interest
date	22/06/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Net Zero Review
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 24 May 2021 to Question 3084 on Net Zero Review, when he plans to publish the final report of his Department’s Net Zero Review.
tabling member constituency	Greenwich and Woolwich
tabling member printed	Matthew Pennycook
uin	20472
answer	answer is ministerial correction date of answer 28/06/2021 answer text <p>HM Treasury’s Net Zero Review final report will be published in due course, and in advance of COP26.</p><p>It will be an analytical report that uses existing data to explore the key issues and trade-offs as the UK decarbonises. Against a backdrop of significant uncertainty on technology and costs, as well as changes to the economy over the next 30 years, it focuses on the potential exposure of households and sectors to the transition, and highlights factors to be taken into account in designing policy that will allocate costs over this time horizon. In line with the Review’s terms of reference, the report will not include policy recommendations.</p><p>The Review forms part of a cross-government effort to support the UK’s transition to net zero. The government’s Net Zero Strategy will be published later this year.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 28/06/2021 13:05:41 answering member 4597 label Biography information for Kemi Badenoch
tabling member	4520 label Biography information for Matthew Pennycook

1338924

registered interest
date	22/06/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Net Zero Review
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps he is taking to include an assessment of the potential economic merits of reaching net zero in his Net Zero Review; and when he plans to publish the final outcome of that review.
tabling member constituency	Rother Valley
tabling member printed	Alexander Stafford
uin	20583
answer	answer is ministerial correction date of answer 29/06/2021 answer text <p>HM Treasury’s Net Zero Review final report will be published in due course, and in advance of COP26.</p><p> </p><p>It will be an analytical report that uses existing data to explore the key issues and trade-offs as the UK decarbonises. Against a backdrop of significant uncertainty on technology and costs, as well as changes to the economy over the next 30 years, it focuses on the potential exposure of households and sectors to the transition, and highlights factors to be taken into account in designing policy that will allocate costs over this time horizon. In line with the Review’s terms of reference, the report will not include policy recommendations.</p><p> </p><p>The Review forms part of a cross-government effort to support the UK’s transition to net zero. The government’s Net Zero Strategy will be published later this year.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch grouped question UIN 20588 question first answered 29/06/2021 15:15:01 answering member 4597 label Biography information for Kemi Badenoch
tabling member	4866 label Biography information for Alexander Stafford

1338927

registered interest
date	22/06/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Carbon Emissions: Public Expenditure
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps his Department is taking to align departmental comprehensive spending review submissions with the Government’s net zero target.
tabling member constituency	Rother Valley
tabling member printed	Alexander Stafford
uin	20584
answer	answer is ministerial correction date of answer 29/06/2021 answer text <p>The Government takes its environmental responsibilities very seriously. On 27 June 2020 the UK became the first major economy in the world to legislate to end its contribution to global warming by 2050, increasing the ambition of our commitments to reduce greenhouse gas emissions under the Climate Change Act 2008.</p><p> </p><p>At Spending Review 2020, HMT asked departments to provide the greenhouse gas emissions of their spending proposals, their impact on meeting Carbon Budgets and Net Zero, and information relating to delivery of the 25 Year Environment Plan. This was considered as part of funding allocations made at SR20. HMT is reviewing the learning from this exercise and these issues will remain at the forefront of HMT’s priorities for this year. The details of Spending Review 2021 will be announced in due course.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 29/06/2021 15:11:53 answering member 4597 label Biography information for Kemi Badenoch
tabling member	4866 label Biography information for Alexander Stafford

1338940

registered interest
date	22/06/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business Banking Resolution Service
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has plans to expand the eligibility criteria for the Business Banking Resolution Service.
tabling member constituency	Glasgow Central
tabling member printed	Alison Thewliss
uin	20425
answer	answer is ministerial correction date of answer 28/06/2021 answer text <p>The Government welcomes the recent launch of Business Banking Resolution Service (BBRS), a free and independent service designed to settle unresolved complaints from SMEs about their bank.</p><p> </p><p>The Government has set out high level guidance regarding what the BBRS should look to achieve. In 2018, the then Chancellor wrote to the BBRS signalling that for the scheme to bring closure it is vital that it considers as many complaints as possible, but also that it is right the scheme focuses on providing resolution to SMEs who have not had anywhere independent to take their complaint. Beyond this high-level guidance, it is not for the Government to comment on specific details about the eligibility of a voluntary, non-governmental service.</p><p> </p><p>On increasing the number of banks participating in the BBRS, the service launched with 7 founding banks who make up the majority of the UK banking sector, and it is understood that the BBRS hopes additional lenders will join over time. It is not for Government to mandate participation in an industry-led, independent organisation.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 20426 question first answered 28/06/2021 08:17:10 answering member 4051 label Biography information for John Glen
tabling member	4430 label Biography information for Alison Thewliss