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1718238
registered interest false more like this
date less than 2024-05-15more like thismore than 2024-05-15
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Office for Budget Responsibility: Forecasts more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, if he will establish an independent body to verify the accuracy of forecasts made by the Office for Budget Responsibility. more like this
tabling member constituency East Londonderry more like this
tabling member printed
Mr Gregory Campbell more like this
uin 26369 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-20more like thismore than 2024-05-20
answer text <p>The OBR is required by legislation to publish an evaluation of its forecasts against outturn data each year, and in 2023 also published a working paper assessing its historic forecast performance since it was established. The paper showed that its GDP growth and borrowing forecasts were comparable to external forecasters, and more accurate than previous Treasury forecasts.</p><p> </p><p>The OBR is reviewed externally every five years.</p> more like this
answering member constituency Hitchin and Harpenden more like this
answering member printed Bim Afolami more like this
question first answered
less than 2024-05-20T12:42:58.517Zmore like thismore than 2024-05-20T12:42:58.517Z
answering member
4639
label Biography information for Bim Afolami more like this
tabling member
1409
label Biography information for Mr Gregory Campbell remove filter
1716390
registered interest false more like this
date less than 2024-05-08more like thismore than 2024-05-08
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Business: Insolvency more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, pursuant to the Answer of 20 November 2023 to Question 1823 on Business: Insolvency, what steps his Department is taking to help tackle the trend in the number of companies declaring insolvency in that period. more like this
tabling member constituency East Londonderry more like this
tabling member printed
Mr Gregory Campbell more like this
uin 25177 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-13more like thismore than 2024-05-13
answer text <p>The Government was pleased to see that the latest statistics reported by the Insolvency Service showed the number of corporate insolvencies in March 2024 had fallen by 28% compared to March 2023.</p><p>The Government continues to help businesses, including through a swathe of policy measures in the Autumn explicitly aimed at ‘Backing British business’. Recent and current policies supporting businesses include:</p><p>• Energy Bills Discount Scheme that provided discounts on high energy bills to eligible businesses and other non-domestic energy users from April 2023 to April 2024.</p><p>• Continued frozen small business rates multiplier and business rates relief for the Retail, Hospitality and Leisure sector, the latter policy supporting around 230,000 properties up to £110,000 per business.</p><p>• Payment and cashflow review outlining measures to combat late payments that can jeopardise stable cashflows.</p><p>The Government will continue to monitor the UK corporate sector, using official data and engaging with firms and business groups to inform policy decisions.</p>
answering member constituency Grantham and Stamford more like this
answering member printed Gareth Davies more like this
question first answered
less than 2024-05-13T12:46:45.66Zmore like thismore than 2024-05-13T12:46:45.66Z
answering member
4850
label Biography information for Gareth Davies more like this
tabling member
1409
label Biography information for Mr Gregory Campbell remove filter
1715758
registered interest false more like this
date less than 2024-05-03more like thisremove minimum value filter
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what his planned timetable is to amend the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 to differentiate between (a) domestic and (b) foreign politically exposed persons. more like this
tabling member constituency East Londonderry more like this
tabling member printed
Mr Gregory Campbell more like this
uin 24739 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-09more like thismore than 2024-05-09
answer text <p>The Government has already amended the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 to distinguish between domestic and non-domestic politically exposed persons (PEPs).</p><p> </p><p>The amendment came into force on 10 January 2024 and makes clear that regulated firms must apply a lower level of enhanced due diligence to domestic PEPs and family members or close associates of domestic PEPs, compared to non-domestic PEPs, unless other risk factors are present.</p> more like this
answering member constituency Hitchin and Harpenden more like this
answering member printed Bim Afolami more like this
question first answered
less than 2024-05-09T15:27:24.493Zmore like thismore than 2024-05-09T15:27:24.493Z
answering member
4639
label Biography information for Bim Afolami more like this
tabling member
1409
label Biography information for Mr Gregory Campbell remove filter