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1699056

	registered interest
	date	26/03/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Capital Investment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what the return on investment criteria are for prioritising proposals in the next Spending Review.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	20663
	answer	answer is ministerial correction date of answer 15/04/2024 answer text <p>At the Spring Budget, the Chancellor announced that the Treasury will put in place a robust and comprehensive strategy for improving public sector productivity at the next Spending Review, putting these improvements at the heart of departmental settlements.</p><p> </p><p>As the Chancellor set out, building on work to date and the £4.2 billion of funding announced at the Budget, relevant departments will develop detailed productivity plans over the coming months ahead of the next Spending Review.</p><p> </p><p>Further decisions will be taken at the Spending Review.</p> answering member constituency Sevenoaks answering member printed Laura Trott question first answered 15/04/2024 08:37:24 answering member 4780 label Biography information for Laura Trott
	tabling member	4397 label Biography information for Peter Dowd

1699057

	registered interest
	date	26/03/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Public Expenditure
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to the Spring Budget 2024, whether he has made an estimate of the potential return on investment of (a) violence reduction units, (b) hot spot policing, (c) increasing the capacity of children's homes and (d) the building of 15 new special free schools.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	20664
	answer	answer is ministerial correction date of answer 17/04/2024 answer text <p>These measures are part of the Public Sector Productivity Review, which will deliver up to £1.8 billion worth of benefits by 2029.</p><p> </p><p>We have committed £75 million to expand the Violence Reduction Unit model across England and Wales, supporting a prevention-first approach to serious violence. Violence Reduction Units enable local public services such as health boards, schools and police leaders to coordinate their joint strategy to tackle serious violence among young people, preventing violent crime and reducing burdens on healthcare, schools and criminal justice.</p><p> </p><p>As part of the Anti-Social Behaviour Action Plan, we committed £66.3 million to scale up hotspot enforcement. From April 2024, hotspot response will be rolled out across every police force area in England and Wales, which will see thousands of additional high visibility patrols in the places most affected by Serious Violence and Anti-Social Behaviour.</p><p> </p><p>An independent evaluation found that in 2022/23, VRUs and hotspot policing prevented 3,220 hospital admissions from violent injury – a statistically significant drop. Please find a link to the evaluation here: <a href="https://www.gov.uk/government/publications/violence-reduction-units-year-ending-march-2023-evaluation-report/violence-reduction-units-2022-to-2023#:~:text=In%202022%2C%20a%20further%202,data%20sharing%20and%20analysis" target="_blank">https://www.gov.uk/government/publications/violence-reduction-units-year-ending-march-2023-evaluation-report/violence-reduction-units-2022-to-2023#:~:text=In%202022%2C%20a%20further%202,data%20sharing%20and%20analysis</a>.</p><p> </p><p>On increasing the capacity of children’s homes, the Government announced £165 million of funding over the next 4 years to reduce the reliance of local authorities on costly emergency provision.</p><p> </p><p>Finally, the building of 15 new special free schools through £105 million of investment over the next 4 years will deliver over 2,000 additional special places for children with special education needs and disabilities.</p> answering member constituency Sevenoaks answering member printed Laura Trott question first answered 17/04/2024 13:04:14 answering member 4780 label Biography information for Laura Trott
	tabling member	4397 label Biography information for Peter Dowd

1669543

	registered interest
	date	13/11/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Defibrillators: VAT
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how his Department estimates the potential cost to the public purse of removing VAT on (a) defibrillators and (b) other products.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	1609
	answer	answer is ministerial correction date of answer 21/11/2023 answer text <p><strong>The cost of relieving VAT on defibrillators is uncertain owing to the lack of data on purchases of defibrillators and associated apparatus, and on purchasers who are able to reclaim the VAT on these purchases. Businesses are not required to provide information at a product level in their VAT returns, as this would impose an excessive administrative burden; HMRC does not therefore hold this data. All taxes are kept under review; any policy measure would be costed in the usual way.</strong></p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 21/11/2023 10:19:48 answering member 4407 label Biography information for Nigel Huddleston
	tabling member	4397 label Biography information for Peter Dowd

1602958

	registered interest
	date	09/03/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Energy Bills Rebate
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what plans his Department has to target energy support for people living with (a) arthritis and (b) other medical conditions.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	162206
	answer	answer is ministerial correction date of answer 17/03/2023 answer text <p>At Autumn Statement 2022, the Government announced that it will provide a further Disability Cost of Living Payment of £150 in 2023/24. This was on top of the previous one-off Disability Cost of Living Payment, worth £150, announced in May 2022.</p><p> </p><p>Cost of Living Payments, available to those on means-tested benefits, are also designed to support those on low incomes with the rising cost of living, with a £650 payment announced in May and a £900 payment announced at Autumn Statement 2022.</p><p> </p><p>Disabled people and those with long-term health conditions will also benefit from other forms of Cost of Living support. This includes the Energy Price Guarantee, Energy Bills Support Scheme and the Council Tax rebate.</p> answering member constituency South Suffolk answering member printed James Cartlidge question first answered 17/03/2023 14:32:13 answering member 4519 label Biography information for James Cartlidge
	tabling member	4397 label Biography information for Peter Dowd

1580699

	registered interest
	date	25/01/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Business Banking Resolution Service
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether his Department plans to put in place a provision to deal with unresolved business banking complaints relating to SMEs following the planned closure of the Business Banking Resolution scheme in December 2023.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	132457
	answer	answer is ministerial correction date of answer 30/01/2023 answer text <p>The Business Banking Resolution Service (BBRS) is an independent non-governmental body that does not receive any public funding. The BBRS, which launched on 15 February 2021, offers a free, independent service designed to settle unresolved historical complaints that are not eligible for the Financial Ombudsman Service (FOS), and new complaints from SMEs which are too large to be eligible for the FOS. Over 99% of UK businesses can access independent dispute resolution either through the FOS or the BBRS. <br></p><p>The Government has always been clear that the independence of the BBRS is vital, and as such it is not appropriate for the Government to comment on its future. According to the timelines agreed by the BBRS when it was set up, the scheme for historical complaints will close on 14 February 2023, while the contemporary scheme for cases from large SMEs is due to close at the end of 2023.</p><p> </p><p>Ministers and officials continue to monitor BBRS discussions closely, and we remain focused on ensuring SMEs have access to redress now and in the future.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 30/01/2023 15:30:39 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4397 label Biography information for Peter Dowd

1580700

	registered interest
	date	25/01/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Business Banking Resolution Service
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether his Department has had discussions with banks on the provision of a service to deal with unresolved business banking complaints for SMEs following the planned closure of the Business Banking Resolution Service in December 2023.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	132458
	answer	answer is ministerial correction date of answer 30/01/2023 answer text <p>The Business Banking Resolution Service (BBRS) is an independent non-governmental body that does not receive any public funding. The BBRS, which launched on 15 February 2021, offers a free, independent service designed to settle unresolved historical complaints that are not eligible for the Financial Ombudsman Service (FOS), and new complaints from SMEs which are too large to be eligible for the FOS. Over 99% of UK businesses can access independent dispute resolution either through the FOS or the BBRS. <br></p><p>The Government has always been clear that the independence of the BBRS is vital, and as such it is not appropriate for the Government to comment on its future. According to the timelines agreed by the BBRS when it was set up, the scheme for historical complaints will close on 14 February 2023, while the contemporary scheme for cases from large SMEs is due to close at the end of 2023.</p><p> </p><p>Ministers and officials continue to monitor BBRS discussions closely, and we remain focused on ensuring SMEs have access to redress now and in the future.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 30/01/2023 15:33:52 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4397 label Biography information for Peter Dowd

1490962

	registered interest
	date	20/07/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Lamp Insurance Company: Insolvency
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will make an estimate of the cost to the public purse of liabilities as a result of the liquidation of Lamp Insurance Company Limited being covered by the Financial Services Compensation Scheme.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	40809
	answer	answer is ministerial correction date of answer 05/09/2022 answer text <p>HM Treasury does not routinely provide estimates relating to Financial Services Compensation Scheme (FSCS) costs in relation to individual cases.</p><p> </p><p>The FSCS is funded by the financial services industry and is operationally independent of government. Firms that are authorised by the Financial Conduct Authority and the Prudential Regulation Authority pay an annual levy to fund FSCS compensation and management expenses. Some of the funding also comes through recoveries from the estates of failed firms and any third parties that might be liable for, or connected to, the compensation claim. This can reduce the cost of the levy to the wider industry. The FSCS also has in place a revolving credit facility with a consortium of private lenders from which it can drawdown at short notice.</p><p> </p><p>In the unlikely event the FSCS exhausts its available resources, it may request a loan from the National Loans Fund. This means public funds are only used to fund FSCS compensation in a very limited set of special circumstances.</p><p> </p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 05/09/2022 07:16:51 answering member 3912 label Biography information for Richard Fuller
	tabling member	4397 label Biography information for Peter Dowd

1490964

	registered interest
	date	20/07/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Insurance Companies
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of taking steps to deter the practice of assignment of benefit only collection of premiums and avoiding liabilities by acquiring insurance companies.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	40811
	answer	answer is ministerial correction date of answer 05/09/2022 answer text <p>The Financial Conduct Authority monitors the risk of firms’ non-compliance with its rules by maintaining regular and open dialogue with consumer organisations, trade associations, and other sources such as complaints information.</p><p>The Financial Conduct Authority has not been made aware of widespread issues relating to assignment of benefits, and the Government does not currently plan on taking action.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 05/09/2022 07:18:14 answering member 3912 label Biography information for Richard Fuller
	tabling member	4397 label Biography information for Peter Dowd

1491011

	registered interest
	date	20/07/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Insurance Companies: Gibraltar
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what arrangements exist between authorities in the UK and Gibraltar for cooperation when investigating failed insurance companies at a cost to the public purse.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	40812
	answer	answer is ministerial correction date of answer 05/09/2022 answer text <p>The Government is committed to maintaining high standards of consumer protection in UK financial services. Authorities within the UK and Gibraltar work together closely, including when insurance firms fail. The current arrangements for cooperation between the financial services regulators in Gibraltar and the UK are set out in a Memorandum of Understanding available <a href="https://www.fca.org.uk/publication/mou/fsa-mou-gibraltar.pdf" target="_blank">here:</a> <a href="https://www.fca.org.uk/publication/mou/fsa-mou-gibraltar.pdf" target="_blank">https://www.fca.org.uk/publication/mou/fsa-mou-gibraltar.pdf</a>.</p><p> </p><p>The forthcoming Gibraltar Authorisation Regime will be a new permanent legislative and institutional framework. It will govern UK market access for certain Gibraltar-based financial services firms, including insurers, and will cement arrangements for insolvency and resolution requirements<strong>.</strong></p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 05/09/2022 07:16:05 answering member 3912 label Biography information for Richard Fuller
	tabling member	4397 label Biography information for Peter Dowd

1490653

	registered interest
	date	19/07/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Insurance Companies: Directors
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the adequacy of measures taken to ensure that directors of insurance companies are fit and proper.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	39878
	answer	answer is ministerial correction date of answer 05/09/2022 answer text <p>The Financial Conduct Authority and Prudential Regulation Authority are independent bodies responsible for the regulation and supervision of the financial services industry. They have set out rules determining the assessment of the fitness and propriety of individuals applying to become an approved person within an insurance company, including director, and are responsible for the monitoring of adherence to these rules.</p><p> </p><p>The government has no plans to change these arrangements.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 05/09/2022 07:19:38 answering member 3912 label Biography information for Richard Fuller
	tabling member	4397 label Biography information for Peter Dowd