Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

1167403

registered interest
date	30/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cash Dispensing: Fees and Charges
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect of interchange fee reductions on the number of free-to-use ATMs.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	7626
answer	answer is ministerial correction date of answer 04/11/2019 answer text <p>The Government has not carried out a formal assessment of the effect of interchange fee reductions on the number of free-to-use ATMs.</p><p> </p><p>Although the management and deployment of ATMs is a commercial matter for ATM market participants, the Government recognises that widespread access to cash remains extremely important to the day-to-day lives of many consumers and businesses in the UK.</p><p> </p><p>The number of free-to-use ATMs increased for over a decade up to 2017, with the majority of ATMs clustered in areas of high demand and footfall. LINK, the scheme that runs the UK’s ATM network, saw this situation as unsustainable. Therefore, in January 2018, LINK announced reductions to the interchange fee, while taking steps to preserve the broad geographic spread of free-to-use ATMs. This included protections for remote free-to-use ATMs, one kilometre or further from the next nearest free-to-use ATM or Post Office.</p><p> </p><p>In July 2018, LINK responded to lower transaction volumes at ATMs by cancelling the third reduction of interchange fees due in January 2020 and putting on hold the 4th reduction that was due in January 2021.</p><p> </p><p>More recently, LINK committed to protecting free access to cash on high streets – where there are five or more qualifying retailers – and announced £1 million to fund requests for new ATMs from local areas with poor access to cash. Furthermore, UK Finance – the trade association for the UK banking and financial services sector – has launched a Community Access to Cash Initiative, offering grants to local communities to improve cash access.</p><p> </p><p>As of June 2019, there were 48,500 free-to-use ATMs in the UK, which represented 78% of the total number of ATMs. This remains 21% higher than a decade ago.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 7628 question first answered 04/11/2019 16:02:09 answering member 4051 label Biography information for John Glen
tabling member	151 label Biography information for Tom Brake

1167492

registered interest
date	30/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cash Dispensing: Fees and Charges
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect of interchange fee reductions on the number of free-to-use ATMs.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	7628
answer	answer is ministerial correction date of answer 04/11/2019 answer text <p>The Government has not carried out a formal assessment of the effect of interchange fee reductions on the number of free-to-use ATMs.</p><p> </p><p>Although the management and deployment of ATMs is a commercial matter for ATM market participants, the Government recognises that widespread access to cash remains extremely important to the day-to-day lives of many consumers and businesses in the UK.</p><p> </p><p>The number of free-to-use ATMs increased for over a decade up to 2017, with the majority of ATMs clustered in areas of high demand and footfall. LINK, the scheme that runs the UK’s ATM network, saw this situation as unsustainable. Therefore, in January 2018, LINK announced reductions to the interchange fee, while taking steps to preserve the broad geographic spread of free-to-use ATMs. This included protections for remote free-to-use ATMs, one kilometre or further from the next nearest free-to-use ATM or Post Office.</p><p> </p><p>In July 2018, LINK responded to lower transaction volumes at ATMs by cancelling the third reduction of interchange fees due in January 2020 and putting on hold the 4th reduction that was due in January 2021.</p><p> </p><p>More recently, LINK committed to protecting free access to cash on high streets – where there are five or more qualifying retailers – and announced £1 million to fund requests for new ATMs from local areas with poor access to cash. Furthermore, UK Finance – the trade association for the UK banking and financial services sector – has launched a Community Access to Cash Initiative, offering grants to local communities to improve cash access.</p><p> </p><p>As of June 2019, there were 48,500 free-to-use ATMs in the UK, which represented 78% of the total number of ATMs. This remains 21% higher than a decade ago.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 7626 question first answered 04/11/2019 16:02:09 answering member 4051 label Biography information for John Glen
tabling member	151 label Biography information for Tom Brake

1167037

registered interest
date	29/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Coinage
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent estimate his Department has made of the cost to the public purse of producing 50 pence coins to commemorate the UK leaving the EU on 31 October 2019.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	7027
answer	answer is ministerial correction date of answer 04/11/2019 answer text <p>We do not comment on the cost of producing coins as this is commercially sensitive information. The cost of producing these coins will be partially offset by the value gained from recycling them.</p><p><strong> </strong></p> answering member constituency Salisbury answering member printed John Glen question first answered 04/11/2019 13:55:58 answering member 4051 label Biography information for John Glen
tabling member	151 label Biography information for Tom Brake

1167038

registered interest
date	29/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Coinage
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent estimate his Department has made of the cost to the public purse of melting down the 50 pence coins produced to commemorate the UK leaving the EU on 31 October 2019.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	7028
answer	answer is ministerial correction date of answer 04/11/2019 answer text <p>We do not comment on the cost of producing coins as this is commercially sensitive information. The cost of producing these coins will be partially offset by the value gained from recycling them.</p> answering member constituency Salisbury answering member printed John Glen question first answered 04/11/2019 13:53:39 answering member 4051 label Biography information for John Glen
tabling member	151 label Biography information for Tom Brake

1167109

registered interest
date	29/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Customs: Northern Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the cost to (a) businesses and (b) the public purse of the customs checks to be implemented between Northern Ireland and the rest of the UK under the Prime Minister's EU Withdrawal Agreement; and what the timeframe is for the implementation of those customs checks.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	7033
answer	answer is ministerial correction date of answer 04/11/2019 answer text <p>As a responsible government, the Government will take into account both the internal cost and the cost to business to deliver on all aspects of the Withdrawal Agreement.</p><p> </p><p>The Government’s impact assessment for the Withdrawal Agreement Bill sets out the direct impacts of the revised Ireland/Northern Ireland Protocol (published on 17 October 2019) in relation to the movement of goods between Northern Ireland and Great Britain.</p><p> </p><p>Initial delivery assessments were a key consideration during the negotiations. Some changes will be needed to government and trade systems and processes in order to implement this arrangement and the Government will engage closely with affected businesses to ensure that delivery of any new requirements can take place as quickly and smoothly as possible.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 04/11/2019 08:28:17 answering member 3991 label Biography information for Jesse Norman
tabling member	151 label Biography information for Tom Brake