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1131605
star this property registered interest false more like this
star this property date remove maximum value filtermore like thismore than 2019-06-12
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Taxation more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment his Department has made of trends in the level of carried interest as a result of provisions on that interest in the Finance Act 2016. more like this
star this property tabling member constituency Oxford East more like this
star this property tabling member printed
Anneliese Dodds more like this
star this property uin 263805 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-06-17more like thismore than 2019-06-17
unstar this property answer text <p>Under the provisions introduced in Finance Act 2016, amounts determined to be income-based carried interest (IBCI) are subject to income tax and NICs and reported as part of profits from an individual’s business activities. No separate analysis of IBCI is available.</p> more like this
star this property answering member constituency Hereford and South Herefordshire more like this
star this property answering member printed Jesse Norman more like this
star this property question first answered
remove maximum value filtermore like thismore than 2019-06-17T14:54:30.147Z
star this property answering member
3991
star this property label Biography information for Jesse Norman more like this
star this property tabling member
4657
unstar this property label Biography information for Anneliese Dodds more like this
1131609
star this property registered interest false more like this
star this property date remove maximum value filtermore like thismore than 2019-06-12
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Public Sector Debt more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what the public sector net debt was in May 2017; and what estimate he has made of level of that debt by May 2022. more like this
star this property tabling member constituency East Londonderry more like this
star this property tabling member printed
Mr Gregory Campbell more like this
star this property uin 263742 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-06-17more like thismore than 2019-06-17
unstar this property answer text <p>In May 2017 public sector net debt was 85% of GDP.</p><p>Forecasts for the level of debt are produced by the independent Office for Budget Responsibility. The OBR forecast debt levels at the end of March in each year, and do not provide an estimate of the debt level for each month.</p><p>Debt has begun its first sustained fall in a generation, three years before required by the fiscal rules. At Spring Statement 2019 the OBR forecast the level of public sector net debt in March 2022 will have fallen to 74.9% of GDP.</p> more like this
star this property answering member constituency South West Norfolk more like this
star this property answering member printed Elizabeth Truss more like this
star this property question first answered
less than 2019-06-17T13:38:17.863Zmore like thismore than 2019-06-17T13:38:17.863Z
star this property answering member
4097
star this property label Biography information for Elizabeth Truss more like this
star this property tabling member
1409
unstar this property label Biography information for Mr Gregory Campbell more like this
1131836
star this property registered interest false more like this
star this property date remove maximum value filtermore like thismore than 2019-06-12
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Financial Services more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of the implications for his policy of the recommendations of the First Comprehensive Report by the Network for Greening the Financial System, co-authored by the Bank of England, published on 17 April 2019. more like this
star this property tabling member constituency Stroud more like this
star this property tabling member printed
Dr David Drew more like this
star this property uin 263673 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-06-17more like thismore than 2019-06-17
unstar this property answer text <p>The government welcomes the report from the Network for Greening the Financial System and recognises that climate change is a source of financial risks. The government will publish a Green Finance Strategy this year that will set-out its approach to greening financial systems. The government has considered recommendations from the report as part of this process and is working closely with the Bank of England and the Financial Conduct Authority.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-06-17T14:38:41.413Zmore like thismore than 2019-06-17T14:38:41.413Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
252
unstar this property label Biography information for Dr David Drew more like this
1131860
star this property registered interest false more like this
star this property date remove maximum value filtermore like thismore than 2019-06-12
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Public Sector: Procurement more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, pursuant to oral contribution of the Chief Secretary to the Treasury at the House of Lords Economic Affairs Committee meeting on 4 June what the selection process will be for the appointment of the delivery expert; and when that appointment will be announced. more like this
star this property tabling member constituency Derbyshire Dales more like this
star this property tabling member printed
Sir Patrick McLoughlin more like this
star this property uin 263693 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-06-17more like thismore than 2019-06-17
unstar this property answer text <p>The Treasury will conduct a zero-based review of capital at the next Spending Review. It will include an assessment panel of Chief Economists from across government departments, who will provide technical assistance and expertise to Treasury officials scrutinising capital spending bids. These top economists will bring significant experience and expertise in appraising investment in many different sectors, covering economic and social infrastructure. The panel will also draw on the IPA, and functional expertise built up since 2015.</p><p> </p><p>The assessment panel will be formed ahead of the Spending Review.</p><p> </p> more like this
star this property answering member constituency South West Norfolk more like this
star this property answering member printed Elizabeth Truss more like this
star this property question first answered
less than 2019-06-17T14:49:20.277Zmore like thismore than 2019-06-17T14:49:20.277Z
star this property answering member
4097
star this property label Biography information for Elizabeth Truss more like this
star this property tabling member
333
unstar this property label Biography information for Sir Patrick McLoughlin more like this
1131277
star this property registered interest false more like this
star this property date less than 2019-06-11more like thismore than 2019-06-11
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading EU Grants and Loans: Easington more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, how much in EU funding Easington constituency has received in each of the last 10 years. more like this
star this property tabling member constituency Easington more like this
star this property tabling member printed
Grahame Morris more like this
star this property uin 263133 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-06-17more like thismore than 2019-06-17
unstar this property answer text <p>The recently published Annual Statement on European Finances includes detailed information of the UK’s receipts in Annex D. It can be found online at: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/806613/HMT_2018_Annual_Statement_on_European_Finances_web.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/806613/HMT_2018_Annual_Statement_on_European_Finances_web.pdf</a></p><p> </p><p>HM Treasury does not hold information on the total level of European Union funding awarded to individual constituencies.</p> more like this
star this property answering member constituency South West Norfolk more like this
star this property answering member printed Elizabeth Truss more like this
star this property question first answered
less than 2019-06-17T12:24:21.477Zmore like thismore than 2019-06-17T12:24:21.477Z
star this property answering member
4097
star this property label Biography information for Elizabeth Truss more like this
star this property tabling member
3973
unstar this property label Biography information for Grahame Morris more like this
1131377
star this property registered interest false more like this
star this property date less than 2019-06-11more like thismore than 2019-06-11
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading London Capital and Finance: Insolvency more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, whether he plans to establish an ad hoc compensation scheme for people affected by the collapse of London Capital and Finance. more like this
star this property tabling member constituency Blackpool South more like this
star this property tabling member printed
Gordon Marsden more like this
star this property uin 263057 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-06-17more like thismore than 2019-06-17
unstar this property answer text <p>The administrators for London Capital &amp; Finance (LCF) are currently estimating recoveries for investors affected by LCF’s failure.</p><p>The Financial Services Compensation Scheme (FSCS), as the compensation scheme of last resort, can only provide compensation for claims connected with certain types of regulated activities. They are working closely with LCF’s administrators and the Financial Conduct Authority to understand more about LCF’s activities and whether there are grounds for compensation.</p><p>If there are circumstances that give rise to potentially valid claims, the FSCS will communicate this on their website. They have invited LCF investors to register for updates on their website. More information on this can be found at https://www.fscs.org.uk/failed-firms/lcf/.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-06-17T14:30:39.143Zmore like thismore than 2019-06-17T14:30:39.143Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
465
unstar this property label Biography information for Gordon Marsden more like this
1131378
star this property registered interest false more like this
star this property date less than 2019-06-11more like thismore than 2019-06-11
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Financial Services Compensation Scheme more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of making mini-bonds subject to the provisions of the Financial Services Compensation Scheme. more like this
star this property tabling member constituency Blackpool South more like this
star this property tabling member printed
Gordon Marsden more like this
star this property uin 263058 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-06-17more like thismore than 2019-06-17
unstar this property answer text <p>On 23 May, the Treasury formally directed the Financial Conduct Authority (FCA) to launch an independent investigation into the events at London Capital &amp; Finance (LCF), a mini-bond issuer that entered administration on 30 January 2018, and approved the FCA’s appointment of Dame Elizabeth Gloster to lead it.</p><p> </p><p>Alongside the independent investigation, the Government announced it would review a number of the wider policy questions raised by the events at LCF.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN 263059 more like this
star this property question first answered
less than 2019-06-17T14:33:33.353Zmore like thismore than 2019-06-17T14:33:33.353Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
465
unstar this property label Biography information for Gordon Marsden more like this
1131379
star this property registered interest false more like this
star this property date less than 2019-06-11more like thismore than 2019-06-11
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Investment: Regulation more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of introducing Government regulations on mini-bonds. more like this
star this property tabling member constituency Blackpool South more like this
star this property tabling member printed
Gordon Marsden more like this
star this property uin 263059 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-06-17more like thismore than 2019-06-17
unstar this property answer text <p>On 23 May, the Treasury formally directed the Financial Conduct Authority (FCA) to launch an independent investigation into the events at London Capital &amp; Finance (LCF), a mini-bond issuer that entered administration on 30 January 2018, and approved the FCA’s appointment of Dame Elizabeth Gloster to lead it.</p><p> </p><p>Alongside the independent investigation, the Government announced it would review a number of the wider policy questions raised by the events at LCF.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN 263058 more like this
star this property question first answered
less than 2019-06-17T14:33:33.307Zmore like thismore than 2019-06-17T14:33:33.307Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
465
unstar this property label Biography information for Gordon Marsden more like this
1130880
star this property registered interest false more like this
star this property date less than 2019-06-10more like thismore than 2019-06-10
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Occupational Pensions more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what steps his Department is taking to ensure that (a) investment choices available to workplace pension customers are regularly reviewed by Independent Governance Committees and (b) those investment choices are aligned with the interests of customers. more like this
star this property tabling member constituency Wallasey more like this
star this property tabling member printed
Ms Angela Eagle more like this
star this property uin 262255 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-06-13more like thismore than 2019-06-13
unstar this property answer text <p>The Financial Conduct Authority (FCA) introduced rules in 2015 to require contract-based pension providers to set up independent governance committees (IGCs) to address poor consumer outcomes.</p><p>IGCs have a duty to scrutinise the value for money of the provider’s workplace personal pension schemes, taking into account transaction costs, raising concerns and making recommendations to the provider’s board as appropriate. IGCs have a duty to assess whether all the investment choices available, including default options, are suitable for the interests of consumers.</p><p>In 2016, the FCA reviewed IGCs and found that they were “generally effective” in influencing and advancing cost reductions for members. The review also found that the Independent Project Board’s work in auditing high legacy charges and implementing IGCs had been successful. As a result, a substantial majority of consumers received improved outcomes regarding costs and charges, with 1m consumers receiving reduced costs and charges.</p><p>The FCA has announced that it will undertake a further review of IGCs in 2019/20.</p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN
262256 more like this
262257 more like this
star this property question first answered
less than 2019-06-13T13:34:39.917Zmore like thismore than 2019-06-13T13:34:39.917Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
491
unstar this property label Biography information for Ms Angela Eagle more like this
1130881
star this property registered interest false more like this
star this property date less than 2019-06-10more like thismore than 2019-06-10
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Occupational Pensions more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, if he will make it his policy that Independent Governance Committees attached to contract-based workplace pensions have a duty to monitor the suitability of the retail fund choices available to scheme members. more like this
star this property tabling member constituency Wallasey more like this
star this property tabling member printed
Ms Angela Eagle more like this
star this property uin 262256 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-06-13more like thismore than 2019-06-13
unstar this property answer text <p>The Financial Conduct Authority (FCA) introduced rules in 2015 to require contract-based pension providers to set up independent governance committees (IGCs) to address poor consumer outcomes.</p><p>IGCs have a duty to scrutinise the value for money of the provider’s workplace personal pension schemes, taking into account transaction costs, raising concerns and making recommendations to the provider’s board as appropriate. IGCs have a duty to assess whether all the investment choices available, including default options, are suitable for the interests of consumers.</p><p>In 2016, the FCA reviewed IGCs and found that they were “generally effective” in influencing and advancing cost reductions for members. The review also found that the Independent Project Board’s work in auditing high legacy charges and implementing IGCs had been successful. As a result, a substantial majority of consumers received improved outcomes regarding costs and charges, with 1m consumers receiving reduced costs and charges.</p><p>The FCA has announced that it will undertake a further review of IGCs in 2019/20.</p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN
262255 more like this
262257 more like this
star this property question first answered
less than 2019-06-13T13:34:39.963Zmore like thismore than 2019-06-13T13:34:39.963Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
491
unstar this property label Biography information for Ms Angela Eagle more like this