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1122483

registered interest
date	23/04/2019
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, with reference to his Department’s Infrastructure Finance Review, what recent progress has been made in establishing the UK’s future relationship with the European Investment Bank Group after the UK has left the EU.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	246517
answer	answer is ministerial correction date of answer 29/04/2019 answer text <p>The EIB has lent to a range of sectors in the UK, including infrastructure projects and UK businesses. As you may know, the UK will cease to be a member of the EIB Group (consisting of the EIB and EIF) on exit day, as membership is only available to EU member states. Under the terms of the EU Withdrawal Agreement, the UK has secured the return of its €3.5bn capital in the European Investment Bank (EIB) through twelve annual instalments. We have reached a fair settlement with the EU, honouring commitments we made during our period of membership, and have ensured a fair deal for UK tax payers.</p><p> </p><p>Alongside the terms of exit set out in the withdrawal agreement, the Political Declaration, which sets out the framework for the future relationship between the EU and the UK, states that both parties note the UK's intention to explore options for a future relationship with the EIB Group. As we leave the EU, we continue to consider options for our future relationship and discussions on this will form part of the wider negotiations on the future EU-UK relationship.</p><p> </p><p>However, while Government wishes to explore a future relationship with the EIB Group, we recognise the need to be prepared for a range of scenarios. The Government already has a range of existing tools to support infrastructure finance, including the UK Guarantees Scheme and funds that support the development of new technologies including the Digital Infrastructure Investment Fund and Charging Infrastructure Investment Fund. The Infrastructure Finance Review, launched at the Spring Statement, explores future challenges in infrastructure finance, including new technologies, and seeks views on the Government’s existing tools. The review will conclude alongside the National Infrastructure Strategy at the Spending Review later this year. The Government also provides support for business and emerging technologies Research and Development (R&amp;D) through a wide range of measures, including the largest increase in direct public R&amp;D spending in 40 years, R&amp;D tax reliefs, and the £2.5bn British Patient Capital programme, enabling long-term investment in innovative companies.</p><p> </p><p>Government support announced following the Patient Capital Review means that the British Business Bank has the capacity to make venture capital commitments this financial year that would exceed the combined average annual commitments from the European Investment Fund and British Business Bank in the years preceding the UK’s vote to leave the EU. In April, the government made an additional £200m support for venture capital and growth finance available through the British Business Bank to support the financing of smaller businesses.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 246518 246519 246520 246521 question first answered 29/04/2019 16:13:48 answering member 4320 label Biography information for Robert Jenrick
tabling member	4125 label Biography information for Catherine McKinnell

1122484

registered interest
date	23/04/2019
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, if he will list any meetings he and his officials have had to discuss the UK’s future relationship with the European Investment Bank Group after the UK has left the EU.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	246518
answer	answer is ministerial correction date of answer 29/04/2019 answer text <p>The EIB has lent to a range of sectors in the UK, including infrastructure projects and UK businesses. As you may know, the UK will cease to be a member of the EIB Group (consisting of the EIB and EIF) on exit day, as membership is only available to EU member states. Under the terms of the EU Withdrawal Agreement, the UK has secured the return of its €3.5bn capital in the European Investment Bank (EIB) through twelve annual instalments. We have reached a fair settlement with the EU, honouring commitments we made during our period of membership, and have ensured a fair deal for UK tax payers.</p><p> </p><p>Alongside the terms of exit set out in the withdrawal agreement, the Political Declaration, which sets out the framework for the future relationship between the EU and the UK, states that both parties note the UK's intention to explore options for a future relationship with the EIB Group. As we leave the EU, we continue to consider options for our future relationship and discussions on this will form part of the wider negotiations on the future EU-UK relationship.</p><p> </p><p>However, while Government wishes to explore a future relationship with the EIB Group, we recognise the need to be prepared for a range of scenarios. The Government already has a range of existing tools to support infrastructure finance, including the UK Guarantees Scheme and funds that support the development of new technologies including the Digital Infrastructure Investment Fund and Charging Infrastructure Investment Fund. The Infrastructure Finance Review, launched at the Spring Statement, explores future challenges in infrastructure finance, including new technologies, and seeks views on the Government’s existing tools. The review will conclude alongside the National Infrastructure Strategy at the Spending Review later this year. The Government also provides support for business and emerging technologies Research and Development (R&amp;D) through a wide range of measures, including the largest increase in direct public R&amp;D spending in 40 years, R&amp;D tax reliefs, and the £2.5bn British Patient Capital programme, enabling long-term investment in innovative companies.</p><p> </p><p>Government support announced following the Patient Capital Review means that the British Business Bank has the capacity to make venture capital commitments this financial year that would exceed the combined average annual commitments from the European Investment Fund and British Business Bank in the years preceding the UK’s vote to leave the EU. In April, the government made an additional £200m support for venture capital and growth finance available through the British Business Bank to support the financing of smaller businesses.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 246517 246519 246520 246521 question first answered 29/04/2019 16:13:48 answering member 4320 label Biography information for Robert Jenrick
tabling member	4125 label Biography information for Catherine McKinnell

1122485

registered interest
date	23/04/2019
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 sectors of the economy are most exposed to the loss of European Investment Bank funding.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	246519
answer	answer is ministerial correction date of answer 29/04/2019 answer text <p>The EIB has lent to a range of sectors in the UK, including infrastructure projects and UK businesses. As you may know, the UK will cease to be a member of the EIB Group (consisting of the EIB and EIF) on exit day, as membership is only available to EU member states. Under the terms of the EU Withdrawal Agreement, the UK has secured the return of its €3.5bn capital in the European Investment Bank (EIB) through twelve annual instalments. We have reached a fair settlement with the EU, honouring commitments we made during our period of membership, and have ensured a fair deal for UK tax payers.</p><p> </p><p>Alongside the terms of exit set out in the withdrawal agreement, the Political Declaration, which sets out the framework for the future relationship between the EU and the UK, states that both parties note the UK's intention to explore options for a future relationship with the EIB Group. As we leave the EU, we continue to consider options for our future relationship and discussions on this will form part of the wider negotiations on the future EU-UK relationship.</p><p> </p><p>However, while Government wishes to explore a future relationship with the EIB Group, we recognise the need to be prepared for a range of scenarios. The Government already has a range of existing tools to support infrastructure finance, including the UK Guarantees Scheme and funds that support the development of new technologies including the Digital Infrastructure Investment Fund and Charging Infrastructure Investment Fund. The Infrastructure Finance Review, launched at the Spring Statement, explores future challenges in infrastructure finance, including new technologies, and seeks views on the Government’s existing tools. The review will conclude alongside the National Infrastructure Strategy at the Spending Review later this year. The Government also provides support for business and emerging technologies Research and Development (R&amp;D) through a wide range of measures, including the largest increase in direct public R&amp;D spending in 40 years, R&amp;D tax reliefs, and the £2.5bn British Patient Capital programme, enabling long-term investment in innovative companies.</p><p> </p><p>Government support announced following the Patient Capital Review means that the British Business Bank has the capacity to make venture capital commitments this financial year that would exceed the combined average annual commitments from the European Investment Fund and British Business Bank in the years preceding the UK’s vote to leave the EU. In April, the government made an additional £200m support for venture capital and growth finance available through the British Business Bank to support the financing of smaller businesses.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 246517 246518 246520 246521 question first answered 29/04/2019 16:13:48 answering member 4320 label Biography information for Robert Jenrick
tabling member	4125 label Biography information for Catherine McKinnell

1121835

registered interest
date	18/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Housing: Insulation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps his Department plans to take to help support the National Infrastructure Commission’s recommendation of increasing the rate of insulation measures installed in UK homes to 21,000 a week by 2020; and if he will make a statement.
tabling member constituency	Kilmarnock and Loudoun
tabling member printed	Alan Brown
uin	245863
answer	answer is ministerial correction date of answer 30/04/2019 answer text <p>The National Infrastructure Commission made over 50 recommendations to the government, in their National Infrastructure Assessment (NIA) published in July 2018. As announced at Budget 2018, the government will respond in full to the NIA through a National Infrastructure Strategy, including on the installation rate of energy efficiency measures in the building stock.</p><p> </p><p>The government has already set out an ambitious aspiration on energy efficiency in the Clean Growth Strategy, for as many homes as possible to reach EPC Band C by 2035 where practical, cost-effective and affordable; and the Prime Minister has announced an Industrial Strategy mission to at least halve the energy use of new buildings by 2030. The government has a growing programme of ambitious policies to drive forward progress towards this aspiration, including extending the Energy Company Obligation from 2022 to 2028 to support more than £3bn of investment to upgrade the energy efficiency of around a million more homes, tightening the regulations on minimum energy efficiency standards in private rented homes, and announcing the introduction of a Future Homes Standard to ensure that all new homes are built with world-leading levels of energy efficiency and low-carbon heating. The government is further considering the detail of these policies, in order to unlock the necessary energy efficiency improvements for homes and businesses during the 2020s.</p><p> </p><p>At Spring Statement, the Chancellor confirmed that the National Infrastructure Strategy will be published later in 2019, alongside the Spending Review and Autumn Budget. The Spending Review will determine the government’s spending priorities going forward, assessing spending in the round against government priorities and a broad evidence base. As part of that evidence base, HM Treasury guidance in the Green Book sets out the methodology by which Departments should undertake cost-benefit analysis for all proposals that concern public spending and changes to regulations, including for energy efficiency and broader infrastructure requirements. These are scrutinised by Treasury spending teams to support decision making and ensure value for money. Impact Assessments associated with particular policy proposals are published online at: <a href="https://www.gov.uk/government/publications" target="_blank">https://www.gov.uk/government/publications</a>.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 245864 245877 245884 question first answered 30/04/2019 07:56:35 answering member 4320 label Biography information for Robert Jenrick
tabling member	4470 label Biography information for Alan Brown

1121836

registered interest
date	18/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Housing: Insulation
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 amount of public funding required to achieve the National Infrastructure Commission’s recommendation of increasing the rate of insulation measures installed in UK homes to 21,000 a week by 2020.
tabling member constituency	Kilmarnock and Loudoun
tabling member printed	Alan Brown
uin	245864
answer	answer is ministerial correction date of answer 30/04/2019 answer text <p>The National Infrastructure Commission made over 50 recommendations to the government, in their National Infrastructure Assessment (NIA) published in July 2018. As announced at Budget 2018, the government will respond in full to the NIA through a National Infrastructure Strategy, including on the installation rate of energy efficiency measures in the building stock.</p><p> </p><p>The government has already set out an ambitious aspiration on energy efficiency in the Clean Growth Strategy, for as many homes as possible to reach EPC Band C by 2035 where practical, cost-effective and affordable; and the Prime Minister has announced an Industrial Strategy mission to at least halve the energy use of new buildings by 2030. The government has a growing programme of ambitious policies to drive forward progress towards this aspiration, including extending the Energy Company Obligation from 2022 to 2028 to support more than £3bn of investment to upgrade the energy efficiency of around a million more homes, tightening the regulations on minimum energy efficiency standards in private rented homes, and announcing the introduction of a Future Homes Standard to ensure that all new homes are built with world-leading levels of energy efficiency and low-carbon heating. The government is further considering the detail of these policies, in order to unlock the necessary energy efficiency improvements for homes and businesses during the 2020s.</p><p> </p><p>At Spring Statement, the Chancellor confirmed that the National Infrastructure Strategy will be published later in 2019, alongside the Spending Review and Autumn Budget. The Spending Review will determine the government’s spending priorities going forward, assessing spending in the round against government priorities and a broad evidence base. As part of that evidence base, HM Treasury guidance in the Green Book sets out the methodology by which Departments should undertake cost-benefit analysis for all proposals that concern public spending and changes to regulations, including for energy efficiency and broader infrastructure requirements. These are scrutinised by Treasury spending teams to support decision making and ensure value for money. Impact Assessments associated with particular policy proposals are published online at: <a href="https://www.gov.uk/government/publications" target="_blank">https://www.gov.uk/government/publications</a>.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 245863 245877 245884 question first answered 30/04/2019 07:56:35 answering member 4320 label Biography information for Robert Jenrick
tabling member	4470 label Biography information for Alan Brown

1121854

registered interest
date	18/04/2019
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	To ask the Chancellor of the Exchequer, what cost-benefit analysis his Department has made of the economic effect of (a) energy efficiency measures in homes and (b) other infrastructure projects.
tabling member constituency	Kilmarnock and Loudoun
tabling member printed	Alan Brown
uin	245877
answer	answer is ministerial correction date of answer 30/04/2019 answer text <p>The National Infrastructure Commission made over 50 recommendations to the government, in their National Infrastructure Assessment (NIA) published in July 2018. As announced at Budget 2018, the government will respond in full to the NIA through a National Infrastructure Strategy, including on the installation rate of energy efficiency measures in the building stock.</p><p> </p><p>The government has already set out an ambitious aspiration on energy efficiency in the Clean Growth Strategy, for as many homes as possible to reach EPC Band C by 2035 where practical, cost-effective and affordable; and the Prime Minister has announced an Industrial Strategy mission to at least halve the energy use of new buildings by 2030. The government has a growing programme of ambitious policies to drive forward progress towards this aspiration, including extending the Energy Company Obligation from 2022 to 2028 to support more than £3bn of investment to upgrade the energy efficiency of around a million more homes, tightening the regulations on minimum energy efficiency standards in private rented homes, and announcing the introduction of a Future Homes Standard to ensure that all new homes are built with world-leading levels of energy efficiency and low-carbon heating. The government is further considering the detail of these policies, in order to unlock the necessary energy efficiency improvements for homes and businesses during the 2020s.</p><p> </p><p>At Spring Statement, the Chancellor confirmed that the National Infrastructure Strategy will be published later in 2019, alongside the Spending Review and Autumn Budget. The Spending Review will determine the government’s spending priorities going forward, assessing spending in the round against government priorities and a broad evidence base. As part of that evidence base, HM Treasury guidance in the Green Book sets out the methodology by which Departments should undertake cost-benefit analysis for all proposals that concern public spending and changes to regulations, including for energy efficiency and broader infrastructure requirements. These are scrutinised by Treasury spending teams to support decision making and ensure value for money. Impact Assessments associated with particular policy proposals are published online at: <a href="https://www.gov.uk/government/publications" target="_blank">https://www.gov.uk/government/publications</a>.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 245863 245864 245884 question first answered 30/04/2019 07:56:35 answering member 4320 label Biography information for Robert Jenrick
tabling member	4470 label Biography information for Alan Brown

1121863

registered interest
date	18/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Energy: Conservation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has plans to classify energy efficiency as a priority cross-Department matter in the forthcoming Spending Review.
tabling member constituency	Kilmarnock and Loudoun
tabling member printed	Alan Brown
uin	245884
answer	answer is ministerial correction date of answer 30/04/2019 answer text <p>The National Infrastructure Commission made over 50 recommendations to the government, in their National Infrastructure Assessment (NIA) published in July 2018. As announced at Budget 2018, the government will respond in full to the NIA through a National Infrastructure Strategy, including on the installation rate of energy efficiency measures in the building stock.</p><p> </p><p>The government has already set out an ambitious aspiration on energy efficiency in the Clean Growth Strategy, for as many homes as possible to reach EPC Band C by 2035 where practical, cost-effective and affordable; and the Prime Minister has announced an Industrial Strategy mission to at least halve the energy use of new buildings by 2030. The government has a growing programme of ambitious policies to drive forward progress towards this aspiration, including extending the Energy Company Obligation from 2022 to 2028 to support more than £3bn of investment to upgrade the energy efficiency of around a million more homes, tightening the regulations on minimum energy efficiency standards in private rented homes, and announcing the introduction of a Future Homes Standard to ensure that all new homes are built with world-leading levels of energy efficiency and low-carbon heating. The government is further considering the detail of these policies, in order to unlock the necessary energy efficiency improvements for homes and businesses during the 2020s.</p><p> </p><p>At Spring Statement, the Chancellor confirmed that the National Infrastructure Strategy will be published later in 2019, alongside the Spending Review and Autumn Budget. The Spending Review will determine the government’s spending priorities going forward, assessing spending in the round against government priorities and a broad evidence base. As part of that evidence base, HM Treasury guidance in the Green Book sets out the methodology by which Departments should undertake cost-benefit analysis for all proposals that concern public spending and changes to regulations, including for energy efficiency and broader infrastructure requirements. These are scrutinised by Treasury spending teams to support decision making and ensure value for money. Impact Assessments associated with particular policy proposals are published online at: <a href="https://www.gov.uk/government/publications" target="_blank">https://www.gov.uk/government/publications</a>.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 245863 245864 245877 question first answered 30/04/2019 07:56:35 answering member 4320 label Biography information for Robert Jenrick
tabling member	4470 label Biography information for Alan Brown

1121944

registered interest
date	18/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Treasury: Procurement
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps his Department has taken to ensure the greatest economic benefit to the UK from his Department's (a) public procurement and (b) award of contracts.
tabling member constituency	North Durham
tabling member printed	Mr Kevan Jones
uin	245686
answer	answer is ministerial correction date of answer 30/04/2019 answer text <p>Public spending is prioritised through the Spending Review process and established in departmental business plans. <em>Managing Public Money </em>provides guidance on the management and best use of public funds, a key requirement of which is achieving value for money.</p><p>The Treasury (HMT) works in partnership with key stakeholders to ensure that its procurement activity delivers value for money for the taxpayer, is compliant with its legal obligations and supports the delivery of policy objectives. Contracts are awarded to suppliers submitting the most economically advantageous tender demonstrating the delivery of value for money.</p><p>HMT is contributing to the Government’s aim to spend £1 in every £3 with Small and Medium Enterprises (SMEs), directly or through the supply chain, by 2022. Since SMEs make up a significant part of the UK economy, supporting their growth aligns to HMT’s responsibility for ensuring the economy grows sustainably.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 30/04/2019 16:23:57 answering member 4320 label Biography information for Robert Jenrick
tabling member	1438 label Biography information for Mr Kevan Jones

1122001

registered interest
date	18/04/2019
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	To ask the Chancellor of the Exchequer, what estimate he has made of the level of increased productivity in the economy.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	245761
answer	answer is ministerial correction date of answer 30/04/2019 answer text <p>In the long run, the only way to ensure sustainable growth, higher wages and increases in living standards is through raising productivity. The latest data showing an increase in the level of productivity is welcome, however productivity growth remains a key challenge.</p><p> </p><p>The government is tackling this challenge head on; investing over half a trillion pounds in capital investment, cutting taxes for businesses, improving access to finance, increasing the National Productivity Investment Fund to £37bn at Budget 2018 and committing to reform technical education, such as the introduction of T-levels.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 30/04/2019 07:46:33 answering member 4320 label Biography information for Robert Jenrick
tabling member	4006 label Biography information for Dr Matthew Offord

1121391

registered interest
date	11/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Manufacturing Industries
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to the oral contribution of 9 April 2019, Official Report, column 159, which banks the Government is working with; how much funding has been made available; and what the process is for businesses to apply for that funding.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	244078
answer	answer is ministerial correction date of answer 24/04/2019 answer text <p>The Government has been clear that should there be no deal, we would support the economy through whatever action is appropriate. Meanwhile, our modern industrial strategy will ensure that the UK remains one of the most competitive locations in the world for manufacturing investment.</p><p> </p><p>Treasury Ministers have regular engagement with a wide range of banks and other financial services providers to discuss a variety of matters, including support for businesses as the UK withdraws from the European Union.</p><p> </p><p>Individual banks’ lending commitments are commercial decisions for those organisations, and are in the public domain. Businesses should engage with lenders in the usual manner.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 244079 question first answered 24/04/2019 08:00:28 answering member 4320 label Biography information for Robert Jenrick
tabling member	4124 label Biography information for Chi Onwurah