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885139

registered interest
date	17/04/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Carillion: Insolvency
house id	1
legislature	25259 pref label House of Commons
question text	What effect the liquidation of Carillion has had on his Department’s policy on public sector contracts and the private finance initiative.
tabling member constituency	Weaver Vale
tabling member printed	Mike Amesbury
uin	904789
answer	answer is ministerial correction date of answer 17/04/2018 answer text <p>When Carillion went into liquidation we made sure public services kept running and we did not bail out any private sector contractors. We did not reward failure.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 17/04/2018 14:59:47 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4667 label Biography information for Mike Amesbury

885140

registered interest
date	17/04/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Infrastructure
house id	1
legislature	25259 pref label House of Commons
question text	What assessment his Department has made of the effect of its planned investment in infrastructure on the environment.
tabling member constituency	Cardiff North
tabling member printed	Anna McMorrin
uin	904791
answer	answer is ministerial correction date of answer 17/04/2018 answer text <p>This government is committed to being the first generation to leave the environment in a better state than we inherited, as set out in our 25 year Environment Plan.</p><p> </p><p>On infrastructure, we will spend over £1bn per year by 2020 through the Renewable Heat Incentive to support renewable and low-carbon heating.</p><p> </p><p>And, on transport, we are investing £1bn in supporting the take up of low emission vehicles and £48bn on rail infrastructure between 2019 and 2024 to take polluting cars and lorries off our roads.</p><p> </p> answering member constituency Harrogate and Knaresborough answering member printed Andrew Jones question first answered 17/04/2018 15:45:09 answering member 3996 label Biography information for Andrew Jones
tabling member	4632 label Biography information for Anna McMorrin

885141

registered interest
date	17/04/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business: Government Assistance
house id	1
legislature	25259 pref label House of Commons
question text	What steps he is taking to support businesses and strengthen the market economy.
tabling member constituency	Witney
tabling member printed	Robert Courts
uin	904792
answer	answer is ministerial correction date of answer 17/04/2018 answer text <p>This government aims to create an environment to help businesses to succeed. We are keeping taxes low, and ensuring firms can access the skills and support they need.</p><p> </p><p>We have cut corporation tax to 19%, the lowest rate in the G20, and are developing a National Retraining Scheme so we are ready to seize opportunities in the new economy.</p><p> </p><p>It is through measures like these, and the power of a vibrant and competitive market economy, that we will further drive growth and prosperity, encourage innovation and help raise living standards across the UK</p> answering member constituency Salisbury answering member printed John Glen question first answered 17/04/2018 15:01:39 answering member 4051 label Biography information for John Glen
tabling member	4589 label Biography information for Robert Courts

885142

registered interest
date	17/04/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Productivity
house id	1
legislature	25259 pref label House of Commons
question text	What discussions he has had with Cabinet colleagues on increasing productivity through the development and deployment of new technologies.
tabling member constituency	South Basildon and East Thurrock
tabling member printed	Stephen Metcalfe
uin	904793
answer	answer is ministerial correction date of answer 17/04/2018 answer text <p>Treasury ministers regularly discuss the opportunities of new technologies with Cabinet colleagues.</p><p> </p><p>To boost research into and development of new technologies, we have increased support for in R&amp;D to the highest level in 30 years (probably ever) through raising investment and increasing the main rate of R&amp;D tax credits.</p><p> </p><p>At Budget, we committed over £75 million to support the development and deployment of Artificial Intelligence in the UK, which has immense potential to increase productivity.</p> answering member constituency Harrogate and Knaresborough answering member printed Andrew Jones question first answered 17/04/2018 15:42:53 answering member 3996 label Biography information for Andrew Jones
tabling member	4092 label Biography information for Stephen Metcalfe

885143

registered interest
date	17/04/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	NHS: Finance
house id	1
legislature	25259 pref label House of Commons
question text	What discussions he has had with the Secretary of State for Health and Social Care on funding for the NHS.
tabling member constituency	Gower
tabling member printed	Tonia Antoniazzi
uin	904795
answer	answer is ministerial correction date of answer 17/04/2018 answer text <p>The Government provided £6.3 billion of new funding to the NHS at the Budget – and has since made available an additional £4 billion for a new pay deal for 1.2 million NHS staff, including nurses.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 17/04/2018 14:56:27 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4623 label Biography information for Tonia Antoniazzi

885144

registered interest
date	17/04/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Average Earnings
house id	1
legislature	25259 pref label House of Commons
question text	What assessment his Department has made of the effect on working people of the increase in real wages projected by the Office for Budget Responsibility.
tabling member constituency	Nuneaton
tabling member printed	Mr Marcus Jones
uin	904797
answer	answer is ministerial correction date of answer 17/04/2018 answer text <p>The Government welcome the fact that the OBR forecast real wages to increase in 2018, and to continue growing in every year of this parliament.</p><p> </p><p>The Government is taking action to support incomes by increasing the National Living Wage, raising the personal allowance and freezing fuel duty.</p> answering member constituency Salisbury answering member printed John Glen question first answered 17/04/2018 14:57:41 answering member 4051 label Biography information for John Glen
tabling member	4024 label Biography information for Mr Marcus Jones

885217

registered interest
date	17/04/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Ordnance Survey: Databases
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential economic effect on booksellers of his recent proposal on Ordinance Survey MasterMap data.
tabling member constituency	Bristol West
tabling member printed	Thangam Debbonaire
uin	136082
answer	answer is ministerial correction date of answer 24/04/2018 answer text <p>At Autumn Budget 2017, the government committed to work with Ordnance Survey (OS) and the new Geospatial Commission to establish by May 2018 how to open up freely OS’s MasterMap data to UK-based small businesses in particular. This work is underway and we will provide further updates in due course.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 24/04/2018 12:47:47 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4433 label Biography information for Thangam Debbonaire

885222

registered interest
date	17/04/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensioners: Income
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment Her Majesty’s Government has made of the long-term effect on retirement incomes of people withdrawing money from their pension pots and placing it in bank current accounts and low-interest savings products.
tabling member constituency	Belfast South
tabling member printed	Emma Little Pengelly
uin	136087
answer	answer is ministerial correction date of answer 24/04/2018 answer text <p>The government continues to assess its reforms, and keeps policy under review through the annual budget process, using data collected from a number of sources.</p><p>The Financial Conduct Authority (FCA) is responsible for monitoring the retirement market and collects data from the markets it regulates, consumer surveys and its own operations. The FCA’s Retirement Outcomes Review has examined how the retirement income market is evolving since the introduction of pensions freedoms. The government awaits the final report of the Retirement Outcomes Review and will work with the regulator and industry to consider its recommendations.</p><p>The impact of pensions flexibility on tax revenue was costed in the Office for Budget Responsibility’s March 2014 Economic and Fiscal Outlook. HMRC publishes a quarterly statistical release detailing the number of transactions using pension flexibility and the amount of money withdrawn.</p><p>The government has made freedom and choice in pensions a key priority, meaning individuals are now free to access their pensions as they wish. The government set up the free and impartial Pension Wise service to provide guidance to individuals over 50 with a defined contribution pension, to help them understand their options. The government is creating a new single financial guidance body.</p><p>This will make it easier for people to access information and guidance about their pensions. In making such decisions, individuals need to consider the impact of different options and subsequent income tax implications on their retirement income.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 136088 question first answered 24/04/2018 07:51:05 answering member 4051 label Biography information for John Glen
tabling member	4611 label Biography information for Emma Little Pengelly

885223

registered interest
date	17/04/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensioners: Income
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment Her Majesty’s Government has made of the potential long term effect on retirement incomes of the additional tax being paid by those withdrawing their pensions from retirement savings.
tabling member constituency	Belfast South
tabling member printed	Emma Little Pengelly
uin	136088
answer	answer is ministerial correction date of answer 24/04/2018 answer text <p>The government continues to assess its reforms, and keeps policy under review through the annual budget process, using data collected from a number of sources.</p><p>The Financial Conduct Authority (FCA) is responsible for monitoring the retirement market and collects data from the markets it regulates, consumer surveys and its own operations. The FCA’s Retirement Outcomes Review has examined how the retirement income market is evolving since the introduction of pensions freedoms. The government awaits the final report of the Retirement Outcomes Review and will work with the regulator and industry to consider its recommendations.</p><p>The impact of pensions flexibility on tax revenue was costed in the Office for Budget Responsibility’s March 2014 Economic and Fiscal Outlook. HMRC publishes a quarterly statistical release detailing the number of transactions using pension flexibility and the amount of money withdrawn.</p><p>The government has made freedom and choice in pensions a key priority, meaning individuals are now free to access their pensions as they wish. The government set up the free and impartial Pension Wise service to provide guidance to individuals over 50 with a defined contribution pension, to help them understand their options. The government is creating a new single financial guidance body.</p><p>This will make it easier for people to access information and guidance about their pensions. In making such decisions, individuals need to consider the impact of different options and subsequent income tax implications on their retirement income.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 136087 question first answered 24/04/2018 07:51:05 answering member 4051 label Biography information for John Glen
tabling member	4611 label Biography information for Emma Little Pengelly

885243

registered interest
date	17/04/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Individual Savings Accounts
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what the change in the ratio of investments in stocks and shares ISAs to cash ISAs has been in each of the last five years.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	136108
answer	answer is ministerial correction date of answer 23/04/2018 answer text <p>HMRC publishes annual statistics on new subscriptions and total savings in cash and stocks and shares Individual Savings Accounts (ISAs). These are available on the GOV.UK website: <a href="https://www.gov.uk/government/collections/individual-savings-accounts-isa-statistics" target="_blank">https://www.gov.uk/government/collections/individual-savings-accounts-isa-statistics</a></p><p> </p><p>These statistics consider investments in ISAs in a number of ways, including: the number of accounts subscribed to, the amounts subscribed and the total market value of funds.</p> answering member constituency Salisbury answering member printed John Glen question first answered 23/04/2018 09:11:55 answering member 4051 label Biography information for John Glen
tabling member	1409 label Biography information for Mr Gregory Campbell