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992859

registered interest
date	22/10/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	European Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the answer of 23 July 2018 to question 165011 on European Investment Bank, what assessment he has made in terms of value of bonds and loans issued or supported, of the expansion of the UK Guarantees Scheme to provide construction guarantees since June 2017.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	182194
answer	answer is ministerial correction date of answer 25/10/2018 answer text <p>Changes to the value of bonds and loans covered by the UK Guarantees Scheme are announced via Written Ministerial Statement and published on GOV.UK, at the time when new guarantees are issued.</p><p> </p><p>The Infrastructure (Financial Assistance) Act 2012 provides an annual report to Parliament which includes the amounts covered by any guarantees. The last update, for year ending 31 March 2018, was published on 19 July 2018.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 25/10/2018 15:15:09 answering member 4320 label Biography information for Robert Jenrick
tabling member	4124 label Biography information for Chi Onwurah

984966

registered interest
date	10/10/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	European Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 23 July to Question 165011 on European Investment Bank, what the effect of the expansion of the UK Guarantees Scheme to provide construction guarantees has been on the value of bonds and loans that have been (a) issued and (b) supported since June 2017.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	177686
answer	answer is ministerial correction date of answer 15/10/2018 answer text <p>Changes to the value of bonds and loans covered by the UK Guarantees Scheme are announced via Written Ministerial Statement and published on GOV.UK.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 15/10/2018 15:06:18 answering member 4320 label Biography information for Robert Jenrick
tabling member	4124 label Biography information for Chi Onwurah

984968

registered interest
date	10/10/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	European Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 23 July to Question 165011 on European Investment Bank, what plans he has to replicate the functions of the European Investment Bank in the event that the UK loses access to that bank after the UK leaves the EU.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	177687
answer	answer is ministerial correction date of answer 15/10/2018 answer text <p>The European Investment Bank, and its offshoot, the European Investment Fund, provide financing for infrastructure investment and growth businesses.</p><p> </p><p>The UK continues to consider it may be in the mutual interest of all sides for the UK to maintain some form of ongoing relationship with the EIB Group after leaving the EU. We will explore these options with the EU as part of the negotiations on the future relationship.</p><p> </p><p>And as the Chancellor said in his Mansion House speech last year, if we do not maintain our relationship with the EIB group, we will be prepared. The government has already taken steps to increase support for infrastructure finance and high-growth businesses, and we will keep that support under review as negotiations progress.</p><p> </p><p>At Autumn Budget 2017 the Chancellor launched the Charging Infrastructure Investment Fund to support the transition to zero emission vehicles, and the British Business Bank was allowed to bring forward some of the £400 million additional investment announced at the 2016 Autumn Statement.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 15/10/2018 14:58:17 answering member 4320 label Biography information for Robert Jenrick
tabling member	4124 label Biography information for Chi Onwurah

943166

registered interest
date	17/07/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	European Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how much funding was provided by the European Investment Bank to UK businesses in each year for which records are available since 1998; and what assessment he has made of the contribution of funding by that bank to the UK economy over that period.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	165010
answer	answer is ministerial correction date of answer 23/07/2018 answer text <p>The European Investment Bank, and its offshoot, the European Investment Fund, have been an important source of finance for infrastructure investment and growth businesses in a range of sectors including energy, transport, housing, education, water and sewerage. The EIB publishes details of all their projects on their website. Financing details of all projects can be found at the link below:</p><p> </p><p><a href="http://www.eib.org/projects/loan/list/?region=1&amp;country=GB" target="_blank">http://www.eib.org/projects/loan/list/?region=1&amp;country=GB</a></p><p> </p><p>As set out in the joint report on progress during phase 1 of the negotiations, the government considers that there could be mutual benefit from a continuing arrangement between the UK and the EIB, and wishes to explore these possible arrangements in the second phase of negotiations.</p><p> </p><p>The government is also continuing to take steps to ensure that finance continues to be available for good infrastructure projects and growth businesses: the UK Guarantees Scheme, which gives government support for private infrastructure finance, has been broadened to offer construction guarantees, and at Budget the Chancellor launched the Charging Infrastructure Investment Fund to support the transition to zero emission vehicles.</p> answering member constituency Salisbury answering member printed John Glen question first answered 23/07/2018 15:26:09 answering member 4051 label Biography information for John Glen
tabling member	4124 label Biography information for Chi Onwurah

943169

registered interest
date	17/07/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	European Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment the Government has made of the potential merits of remaining a member of the European Investment Bank after the UK leaves the EU.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	165011
answer	answer is ministerial correction date of answer 23/07/2018 answer text <p>In her speech in Florence on 22 September 2017, when setting out the UK’s aims for the Implementation Period, the PM made clear that; “The United Kingdom will cease to be a member of the European Union on 29th March 2019. We will no longer sit at the European Council table or in the Council of Ministers, and we will no longer have Members of the European Parliament.”</p><p>This means that in March 2019 the UK will no longer be a full member of the EIB as it will no longer be a Member State. This also means that, as agreed in December, repayment of the UK’s capital will commence in 2019.</p><p>The UK considers that it may prove to be in the mutual interest of all sides for the UK to maintain some form of ongoing relationship with the EIB Group after leaving the EU, and we will explore these options with the EU as part of the negotiations on the future relationship.</p><p>And as the Chancellor said in his Mansion House speech last year, if we do not maintain our relationship with the EIB group, we will be prepared. The government has already taken steps to increase support for infrastructure finance and high-growth businesses, and will keep that support under review as negotiations progress.</p><p>The British Business Bank has already raised the limits on the amount it can invest in venture capital funds from 33% up to 50%, and brought forward of some of the £400m additional investment that was announced at the Autumn Statement 2016, providing the BBB with the flexibility to significantly increase its investment. The Infrastructure and Projects Authority has also broadened the range of the UK Guarantees Scheme by offering construction guarantees for the first time.</p> answering member constituency Salisbury answering member printed John Glen question first answered 23/07/2018 15:30:05 answering member 4051 label Biography information for John Glen
tabling member	4124 label Biography information for Chi Onwurah

867045

registered interest
date	19/03/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	European Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what plans he has to allocate funding from the public purse to (a) businesses and (b) Government Departments to replace funding from the European Investment Bank when the UK leaves the EU.
tabling member constituency	Stafford
tabling member printed	Jeremy Lefroy
uin	133163
answer	answer is ministerial correction date of answer 26/03/2018 answer text <p>The European Investment Bank, and its offshoot, the European Investment Fund, provide financing for infrastructure investment and growth businesses.</p><p> </p><p>The UK considers that it may prove to be in the mutual interest of all sides for the UK to maintain some form of ongoing relationship with the EIB Group after leaving the EU, and we will explore these options with the EU as part of the negotiations on the future relationship.</p><p> </p><p>The government is committed to ensuring good infrastructure projects and growth businesses can access the finance they need. The UK Guarantees Scheme, which gives government support for private infrastructure finance, has been broadened to offer construction guarantees for the first time, and the British Business Bank will be able to bring forward some of the £400 million additional investment announced at the 2016 Autumn Statement.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 26/03/2018 13:25:29 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4109 label Biography information for Jeremy Lefroy

855633

registered interest
date	05/03/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	European Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how much the UK has contributed to the European Investment Bank since that bank's inception.
tabling member constituency	Monmouth
tabling member printed	David T. C. Davies
uin	130940
answer	answer is ministerial correction date of answer 13/03/2018 answer text <p>Throughout its membership, the UK has made payments totaling c.£1.8bn to the capital of the EIB.</p> answering member constituency Salisbury answering member printed John Glen question first answered 13/03/2018 13:49:18 answering member 4051 label Biography information for John Glen
tabling member	1545 label Biography information for David T C Davies