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1700274

	registered interest
	date	12/04/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Defence: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what (a) fiscal and (b) economic conditions have to be met for defence spending to be raised to 2.5% of Gross Domestic Product.
	tabling member constituency	Wells
	tabling member printed	James Heappey
	uin	21171
	answer	answer is ministerial correction date of answer 17/04/2024 answer text <p>The government’s aspiration is to invest 2.5% of GDP on defence, when the fiscal and economic circumstances allow. The Prime Minister has been clear that the target and path towards 2.5% will be set out at the next Spending Review.</p><p>The government has consistently prioritised defence spending. The Ministry of Defence was the first department to get certainty on its budgets in this Parliament. This settlement was the largest sustained spending increase in defence since the end of the Cold War, with a £24 billion uplift in cash terms over the four-year period. In March 2023, we also provided an extra £11 billion for defence and national security priorities over the next five years, with £4.95 billion over the next two years.</p> answering member constituency Sevenoaks answering member printed Laura Trott question first answered 17/04/2024 10:54:11 answering member 4780 label Biography information for Laura Trott
	tabling member	4528 label Biography information for James Heappey

1700413

	registered interest
	date	12/04/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Money Laundering: Regulation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what recent discussions he has had with the Financial Conduct Authority on improving the effectiveness of money laundering regulations.
	tabling member constituency	Mid Bedfordshire
	tabling member printed	Alistair Strathern
	uin	21300
	answer	answer is ministerial correction date of answer 17/04/2024 answer text <p>Officials and Ministers regularly meet the Financial Conduct Authority in its capacity as the supervisor of financial institutions for anti-money laundering and counter-terrorist financing purposes.</p><p> </p><p>On 11 March 2024 HM Treasury launched a consultation on improving the effectiveness of the Money Laundering Regulations (<a href="https://www.gov.uk/government/consultations/improving-the-effectiveness-of-the-money-laundering-regulations" target="_blank">https://www.gov.uk/government/consultations/improving-the-effectiveness-of-the-money-laundering-regulations</a>).</p><p> </p><p>HM Treasury officials will be engaging with key stakeholders, including among others the FCA, throughout the consultation process.</p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 17/04/2024 10:43:36 answering member 4639 label Biography information for Bim Afolami
	tabling member	5000 label Biography information for Alistair Strathern

1700539

	registered interest
	date	12/04/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Childcare: Taxation
	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 potential merits of increasing the childcare tax free cap.
	tabling member constituency	Belfast South
	tabling member printed	Claire Hanna
	uin	21426
	answer	answer is ministerial correction date of answer 17/04/2024 answer text <p>Tax-Free Childcare provides financial support for working parents with their childcare costs. For every £8 parents pay into their childcare account, the Government adds £2 up to a maximum of £2,000 in top up per year for each child up to age 11 and up to £4,000 per disabled child until they’re 17.</p><p> </p><p>The Government recognizes the importance of supporting parents with the costs of childcare and continues to support families with a range of other childcare offers, including the free hours offer, and support through Universal Credit childcare.</p> answering member constituency Sevenoaks answering member printed Laura Trott question first answered 17/04/2024 13:07:51 answering member 4780 label Biography information for Laura Trott
	tabling member	4827 label Biography information for Claire Hanna

1699276

	registered interest
	date	27/03/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Public Finance
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government whether any work is underway to prepare for a fiscal event outside of the usual Treasury timetable.
	tabling member printed	Lord Browne of Ladyton
	uin	HL3659
	answer	answer is ministerial correction date of answer 08/04/2024 answer text <p>The Treasury develops policy throughout the year, in line with the Chancellor’s priorities and regardless of whether a date for a fiscal event has been announced.</p><p>The government is required by law to commission the Office for Budget Responsibility (OBR) to produce two forecasts per year and to hold a Budget each fiscal year.</p><p>The Chancellor has not announced the date of the next fiscal event.</p> answering member printed Baroness Vere of Norbiton question first answered 08/04/2024 14:17:14 answering member 4580 label Biography information for Baroness Vere of Norbiton
	tabling member	620 label Biography information for Lord Browne of Ladyton

1699288

	registered interest
	date	27/03/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	UK Internal Trade: Northern Ireland
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government how many companies were registered on the UK Trader Scheme at the highest point of its operation.
	tabling member printed	Lord Morrow
	uin	HL3685
	answer	answer is ministerial correction date of answer 12/04/2024 answer text <p>As of 30 September 2023, when the UK Trader Scheme was replaced by the UK Internal Market Scheme, 5,700 businesses were authorised on the UK Trader Scheme. Around 3,800 businesses were actively using their authorisation in 2023.</p> answering member printed Lord Roborough question first answered 12/04/2024 11:03:54 answering member 4953 label Biography information for Lord Roborough
	tabling member	3795 label Biography information for Lord Morrow

1699289

	registered interest
	date	27/03/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	UK Internal Trade: Northern Ireland
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government how many companies are registered on the UK Internal Market Scheme which are based in Northern Ireland.
	tabling member printed	Lord Morrow
	uin	HL3686
	answer	answer is ministerial correction date of answer 12/04/2024 answer text <p>As of April 2024, over 7,800 businesses are authorised under the UK Internal Market Scheme, including over 4,100 which are established in Northern Ireland.</p> answering member printed Lord Roborough question first answered 12/04/2024 10:59:18 answering member 4953 label Biography information for Lord Roborough
	tabling member	3795 label Biography information for Lord Morrow

1699290

	registered interest
	date	27/03/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	UK Internal Trade: Northern Ireland
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government, following the commencement of section 45B of the UK Internal Market Act 2020, what export procedures will apply to goods moving from Northern Ireland to Great Britain when placed under a procedure listed in Article 210 of Regulation (EU) No 952/2013; what is a practical example of what a business moving a good in this context will encounter in terms of paperwork and checks; when the export procedure will be commenced; and how they plan to apply the procedure if there is no Border Control Post at Cairnryan.
	tabling member printed	Lord Morrow
	uin	HL3687
	answer	answer is ministerial correction date of answer 08/04/2024 answer text <p>The Windsor Framework removes the requirement for export procedures that existed under the original Protocol and the subsequent 2020 agreement on the need for &quot;equivalent information&quot;, with such controls only applying to a niche set of goods. Consistent with this, we have now laid domestic legislation under the Safeguarding the Union package that expressly prohibits export procedures applying to goods moving Northern Ireland to Great Britain, restoring our unfettered access safeguards. Detailed guidance on the treatment of relevant goods where exceptions apply is available on gov.uk.</p> answering member printed Baroness Vere of Norbiton grouped question UIN HL3665 HL3666 HL3667 HL3688 question first answered 08/04/2024 14:10:26 answering member 4580 label Biography information for Baroness Vere of Norbiton
	tabling member	3795 label Biography information for Lord Morrow

1699291

	registered interest
	date	27/03/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	UK Internal Trade: Northern Ireland
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government, following the commencement of section 45B of the UK Internal Market Act 2020, what export procedures will apply to goods moving from Northern Ireland to Great Britain to goods that are in temporary storage in accordance with Article 144 of Regulations (EU) No 952/2013; what is a practical example of what a business moving a good in this context will encounter in terms of paperwork and checks; when the export procedure will be commenced; and how they plan to apply the procedure if there is no Border Control Post at Cairnryan.
	tabling member printed	Lord Morrow
	uin	HL3688
	answer	answer is ministerial correction date of answer 08/04/2024 answer text <p>The Windsor Framework removes the requirement for export procedures that existed under the original Protocol and the subsequent 2020 agreement on the need for &quot;equivalent information&quot;, with such controls only applying to a niche set of goods. Consistent with this, we have now laid domestic legislation under the Safeguarding the Union package that expressly prohibits export procedures applying to goods moving Northern Ireland to Great Britain, restoring our unfettered access safeguards. Detailed guidance on the treatment of relevant goods where exceptions apply is available on gov.uk.</p> answering member printed Baroness Vere of Norbiton grouped question UIN HL3665 HL3666 HL3667 HL3687 question first answered 08/04/2024 14:10:26 answering member 4580 label Biography information for Baroness Vere of Norbiton
	tabling member	3795 label Biography information for Lord Morrow

1699292

	registered interest
	date	27/03/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	EU Budget: Contributions
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government, further to the Written Answer by Baroness Vere of Norbiton on 27 March (HL3259), whether they will now answer the question put; namely, how much money the United Kingdom pays to the European Union annually; on what that money is spent; and what plans they have, and to what timescale, for its reduction.
	tabling member printed	Lord Pearson of Rannoch
	uin	HL3689
	answer	answer is ministerial correction date of answer 12/04/2024 answer text <p>At the Spring Budget 2020 following withdrawal from the EU the OBR estimated that there was £42.3bn more to spend on public services between 2020-21 and 2024-25 than would have been the case had we stayed in the EU. This additional spending has been included in the overall spending plans set out at Spending Reviews since we left the EU.</p><p>The financial settlement as set out in the Withdrawal Agreement ensures the UK only pays its past obligations as a departing Member State and does not relate to any continuing or future arrangements. As set out in the European Union Finances Statement 2023 (available in the library of the House and on Gov.uk), the UK is estimated to have paid £6.1bn in net liabilities in 2023 as part of this settlement.</p><p>Where the UK has decided it is in its interests to cooperate with the EU further, for instance on Horizon Europe, details of payments are set out in the relevant departments’ annual account.</p> answering member printed Lord Roborough question first answered 12/04/2024 12:54:29 answering member 4953 label Biography information for Lord Roborough
	tabling member	3153 label Biography information for Lord Pearson of Rannoch

1699301

	registered interest
	date	27/03/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Food: Prices
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what assessment they have made of the impact of the easing grocery price inflation on (1) consumer spending habits, and (2) household budgets.
	tabling member printed	Lord Taylor of Warwick
	uin	HL3698
	answer	answer is ministerial correction date of answer 08/04/2024 answer text <p>Inflation reduces real incomes, creates uncertainty, and threatens our growth outlook so it’s essential that the government continues with its efforts to keep inflation down. The government remains steadfast in our support for the Monetary Policy Committee of the Bank of England.</p><p>Food inflation has fallen from a peak of 19.6% in March 2023 to 5.0% in February 2024.</p><p>The latest data suggests real household disposable income per capita was 1.4% higher in Q4 2023 than in Q4 2022.</p><p>ONS retail sales remained unchanged on the month in February. This followed an increase in retail sales volumes of 3.6% on the month in January, fully offsetting the decline in December. Food store sales were 2.8% higher in February than in December.</p> answering member printed Baroness Vere of Norbiton question first answered 08/04/2024 14:20:44 answering member 4580 label Biography information for Baroness Vere of Norbiton
	tabling member	1796 label Biography information for Lord Taylor of Warwick