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1127466

registered interest
date	20/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Football Pools: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has made an estimate of the revenue that could accrue to the public purse from a redeveloped football pools industry.
tabling member constituency	Newcastle-under-Lyme
tabling member printed	Paul Farrelly
uin	256223
answer	answer is ministerial correction date of answer 23/05/2019 answer text <p>No estimate has been made. Pool Betting Duty raises around £5m in revenue for the Exchequer per annum. Reducing the level of taxation would be likely to have at best a limited effect on the football pools. However, it could put revenue at risk, particularly through incentivising switching of products from fixed odds bets to pooled bets.</p><p> </p> answering member constituency Newark answering member printed Robert Jenrick question first answered 23/05/2019 16:07:48 answering member 4320 label Biography information for Robert Jenrick
tabling member	1436 label Biography information for Paul Farrelly

1127475

registered interest
date	20/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Mental Health Services: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he plans to ring-fence funding for mental health services.
tabling member constituency	Streatham
tabling member printed	Chuka Umunna
uin	256323
answer	answer is ministerial correction date of answer 23/05/2019 answer text <p>Funding for mental health services will grow as a share of the overall NHS budget over the next five years, and the NHS long-term plan states that this will form “a new ringfenced local investment fund worth at least £2.3 billion a year by 2023/24.” This investment will enable further service expansion, for example new mental health crisis services for people of all ages and more mental health support in schools.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 23/05/2019 11:37:35 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4128 label Biography information for Chuka Umunna

1127519

registered interest
date	20/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	London Capital & Finance: Insolvency
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will publish the directions, as listed under section 78(5) of the Financial Services Act 2012, which the Treasury has given to the Financial Conduct Authority for its inquiry into London Capital & Finance.
tabling member constituency	Canterbury
tabling member printed	Rosie Duffield
uin	256332
answer	answer is ministerial correction date of answer 23/05/2019 answer text <p>I have today laid a Direction before Parliament requiring the Financial Conduct Authority to carry out an independent investigation into the events and circumstances surrounding the failure of London Capital and Finance.</p> answering member constituency Salisbury answering member printed John Glen question first answered 23/05/2019 12:48:49 answering member 4051 label Biography information for John Glen
tabling member	4616 label Biography information for Rosie Duffield

1127252

registered interest
date	16/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Import Duties
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government how much revenue is raised from tariffs on products not grown or produced in the UK.
tabling member printed	Lord Lilley
uin	HL15805
answer	answer is ministerial correction date of answer 23/05/2019 answer text <p>The total amount received in Customs Duties in 2017-18 was £3.4 billion.</p> answering member printed Lord Young of Cookham question first answered 23/05/2019 15:15:54 answering member 57 label Biography information for Lord Young of Cookham
tabling member	68 label Biography information for Lord Lilley

1126332

registered interest
date	13/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Banking Hubs: Competition
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what plans they have, if any, to update competition law to allow for shared banking hubs in areas where local bank branches have been closed.
tabling member printed	Lord Taylor of Warwick
uin	HL15692
answer	answer is ministerial correction date of answer 22/05/2019 answer text <p>Branch closures can be difficult for the communities affected and the Government pays close attention to this issue. However, the decision to close a branch is a commercial one for a firm, and Government does not intervene in those decisions.</p><p> </p><p>However, the Government is equally clear that as banking providers seek to respond to technological advances and changes in customer behaviour, they must also consider carefully the needs of those who still rely on their local bank branch. Since May 2017, the major high street banks have been signed up to the Access to Banking Standard, which commits them to work with customers and communities to minimise the impact of branch closures and put in place alternative banking services.</p><p> </p><p>The Government also supports the Post Office Banking Framework Agreement which enables 99% of the UK’s personal and 95% of the UK’s small business customers to withdraw money, deposit cash and cheques and check balances at any one of the Post Office’s network of 11,500 branches.</p><p> </p><p> </p><p>While banks do have to comply with competition law, there is no specific regulation that prevents banks from sharing branches or other premises where their strategies align. The Government therefore has no plans to update competition law on this basis. Government does not intervene in these commercial decisions, but will continue to encourage banks to think creatively about how they can ensure that consumers can access a wide range of banking services on a sustainable basis. For example, NatWest, Lloyds Bank and Barclays are trialling shared business banking hubs in 6 locations across the UK in the coming weeks.</p> answering member printed Lord Young of Cookham question first answered 22/05/2019 16:37:43 answering member 57 label Biography information for Lord Young of Cookham
tabling member	1796 label Biography information for Lord Taylor of Warwick