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1142701
star this property registered interest false more like this
star this property date less than 2019-09-02more like thismore than 2019-09-02
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
star this property answering dept sort name Treasury more like this
star this property hansard heading Overseas Loans: Registration more like this
unstar 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 discussions he has had with the Secretary of State for International Development on establishing an Overseas Loan Transparency Register to ensure that people using UK law in loan contracts are not able to make secret loans to governments in the Global South. more like this
star this property tabling member constituency Hayes and Harlington more like this
star this property tabling member printed
John McDonnell more like this
star this property uin 284204 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>The Chancellor of the Exchequer has not discussed proposals to establish an “Overseas Loan Transparency Register” with the Secretary of State for International Development.</p><p> </p><p>The UK Government is concerned about the sustainability and transparency of loans to low income developing countries. Given the complex international nature of sovereign debt, we continue to believe that internationally-agreed approaches are the most effective way to promote sovereign debt transparency.</p><p> </p><p>The UK is working through the G20 to monitor an industry-led initiative by the Institute of International Finance (IIF) to improve the transparency of lending of private creditors. The work of the IIF was acknowledged by finance ministers in June at the G20 finance ministers’ summit in Fukuoka, and the UK government will be closely monitoring its progress.</p><p><strong> </strong></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 2019-09-09T11:46:52.357Zmore like thismore than 2019-09-09T11:46:52.357Z
unstar this property answering member
4051
star this property label Biography information for John Glen remove filter
star this property tabling member
178
unstar this property label Biography information for John McDonnell more like this
1142715
star this property registered interest false more like this
star this property date less than 2019-09-02more like thismore than 2019-09-02
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
star this property answering dept sort name Treasury more like this
star this property hansard heading Investment Income more like this
unstar 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 reports he has received on the level of the practice of dividend arbitrage; and what steps he is taking to end dividend arbitrage. more like this
star this property tabling member constituency Hayes and Harlington more like this
star this property tabling member printed
John McDonnell more like this
star this property uin 284235 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>The Financial Conduct Authority published requirements for firms relating to dividend arbitrage in Market Watch 52, along with a summary of the findings of a review of firms engaged in the practice. These requirements are designed to ensure that firms maintain effective systems and controls to ensure they are not used to facilitate market abuse, or are used for a purpose connected with financial crime.</p><p> </p><p>The UK is taking a leading role internationally in preventing the use of these practices for illicit purposes and I am working closely with the Financial Conduct Authority to ensure that these practices are not used to facilitate market abuse.</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 2019-09-09T11:31:16.427Zmore like thismore than 2019-09-09T11:31:16.427Z
unstar this property answering member
4051
star this property label Biography information for John Glen remove filter
star this property tabling member
178
unstar this property label Biography information for John McDonnell more like this
1142864
star this property registered interest false more like this
star this property date less than 2019-09-02more like thismore than 2019-09-02
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
star this property answering dept sort name Treasury more like this
star this property hansard heading Financial Conduct Authority: Conduct more like this
unstar 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 has been made of the potential merits of an independent inquiry into the conduct of the FCA prior to the collapse of Lendy. more like this
star this property tabling member constituency Cambridge more like this
star this property tabling member printed
Daniel Zeichner more like this
star this property uin 284368 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>The Government has made no such assessment at this time. The operationally independent Financial Conduct Authority has an ongoing investigation into the circumstances that led to the administration of Lendy, and it would be inappropriate for the Government to pre-empt its findings.</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 2019-09-09T11:27:31.447Zmore like thismore than 2019-09-09T11:27:31.447Z
unstar this property answering member
4051
star this property label Biography information for John Glen remove filter
star this property tabling member
4382
unstar this property label Biography information for Daniel Zeichner more like this
1143584
star this property registered interest false more like this
star this property date less than 2019-09-02more like thismore than 2019-09-02
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
star this property answering dept sort name Treasury more like this
star this property hansard heading Motor Vehicles: Insurance more like this
unstar 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 recent discussions he has had with the motor insurance industry on the cost of insurance for young people. more like this
star this property tabling member constituency Sheffield Central more like this
star this property tabling member printed
Paul Blomfield more like this
star this property uin 285013 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>Treasury ministers and officials are in close contact with the insurance industry, and engage with the industry on a number of issues including pricing.</p><p> </p><p>Insurers make decisions about the terms on which they will offer cover following an assessment of the relevant risks. This is usually informed by the insurer’s claims experience and other industry-wide statistics.</p><p> </p><p>It is important that everyone has access to good insurance at the right price. The Government is determined that insurers treat customers fairly. The FCA sets the standards required of insurance firms in relation to their business to help ensure customers are treated in this manner.</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 2019-09-09T11:31:42.15Zmore like thismore than 2019-09-09T11:31:42.15Z
unstar this property answering member
4051
star this property label Biography information for John Glen remove filter
star this property tabling member
4058
unstar this property label Biography information for Paul Blomfield more like this
1143651
star this property registered interest false more like this
star this property date less than 2019-09-02more like thismore than 2019-09-02
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
star this property answering dept sort name Treasury more like this
star this property hansard heading Insurance: EU Countries more like this
unstar 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 effect on insurance payments from EU insurers to UK policyholders of the UK leaving the EU without a deal. more like this
star this property tabling member constituency Eddisbury more like this
star this property tabling member printed
Antoinette Sandbach more like this
star this property uin 285393 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>Government has legislated to ensure that all UK insurance policies with EU insurance companies can continue to be serviced by those EU companies after Brexit.</p><p> </p><p>We have introduced legislation for a Temporary Permissions Regime for EEA firms currently passporting into the UK to continue operations in the UK for a time-limited period while they apply for full UK authorisation.</p><p> </p><p>Government has also legislated for a Financial Services Contracts Regime, allowing for the orderly wind down of the UK regulated activities of remaining firms who do not enter the TPR, those whose applications for full UK authorisation are not successful, and those that do not apply for it.</p><p> </p><p>This action has largely mitigated the potential impacts on policyholders. This is reflected in the Bank of England’s Financial Stability Report, which describes a ‘low risk’ of disruption.</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 2019-09-09T11:32:40.913Zmore like thismore than 2019-09-09T11:32:40.913Z
unstar this property answering member
4051
star this property label Biography information for John Glen remove filter
star this property tabling member
4506
unstar this property label Biography information for Antoinette Sandbach more like this
1143652
star this property registered interest false more like this
star this property date less than 2019-09-02more like thismore than 2019-09-02
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
star this property answering dept sort name Treasury more like this
star this property hansard heading Inflation: Brexit more like this
unstar 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 estimate he has made of the potential effect on inflation of the UK leaving the EU without a deal. more like this
star this property tabling member constituency Eddisbury more like this
star this property tabling member printed
Antoinette Sandbach more like this
star this property uin 285147 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>Short-term forecasting is undertaken by the Office for Budget Responsibility in line with its statutory duty. In line with its remit, the OBR’s forecasts include the economic and fiscal impact of government policy on EU exit where the effects can be quantified with reasonable accuracy. The OBR has said that it will adjust its Brexit assumptions when more detail is available on the future trade and migration relationship between the UK and EU.</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 2019-09-09T11:34:28.373Zmore like thismore than 2019-09-09T11:34:28.373Z
unstar this property answering member
4051
star this property label Biography information for John Glen remove filter
star this property tabling member
4506
unstar this property label Biography information for Antoinette Sandbach more like this
1143653
star this property registered interest false more like this
star this property date less than 2019-09-02more like thismore than 2019-09-02
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
star this property answering dept sort name Treasury more like this
star this property hansard heading Unemployment more like this
unstar 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 effect on levels of unemployment of the UK leaving the EU without a deal. more like this
star this property tabling member constituency Eddisbury more like this
star this property tabling member printed
Antoinette Sandbach more like this
star this property uin 285394 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>Short-term forecasting is undertaken by the Office for Budget Responsibility in line with its statutory duty. In line with its remit, the OBR’s forecasts include the economic and fiscal impact of government policy on EU exit where the effects can be quantified with reasonable accuracy. The OBR has said that it will adjust its Brexit assumptions when more detail is available on the future trade and migration relationship between the UK and EU.</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 2019-09-09T11:39:41.023Zmore like thismore than 2019-09-09T11:39:41.023Z
unstar this property answering member
4051
star this property label Biography information for John Glen remove filter
star this property tabling member
4506
unstar this property label Biography information for Antoinette Sandbach more like this
1143667
star this property registered interest false more like this
star this property date less than 2019-09-02more like thismore than 2019-09-02
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
star this property answering dept sort name Treasury more like this
star this property hansard heading Brexit more like this
unstar 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 effect the process of the UK leaving the EU had on (a) GDP growth, (b) inflation and (c) foreign direct investment between 23 June 2016 and 23 July 2019. more like this
star this property tabling member constituency Tooting more like this
star this property tabling member printed
Dr Rosena Allin-Khan more like this
star this property uin 285400 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>The fundamentals of our economy are strong: wages are growing, employment is at a record high and the unemployment rate is at a historic low. The economy has grown every year since 2010 and the IMF forecast that it will grow faster than Germany, Italy and Japan this year, and as fast as France.</p><p> </p><p>It is vital that we bring certainty and that's why we must leave on 31 October under any circumstances.</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 2019-09-09T11:29:35.133Zmore like thismore than 2019-09-09T11:29:35.133Z
unstar this property answering member
4051
star this property label Biography information for John Glen remove filter
star this property tabling member
4573
unstar this property label Biography information for Dr Rosena Allin-Khan more like this
1143669
star this property registered interest false more like this
star this property date less than 2019-09-02more like thismore than 2019-09-02
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
star this property answering dept sort name Treasury more like this
star this property hansard heading Brexit more like this
unstar 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 comparative forecast the Government has made of (a) GDP, (b) inflation, (c) foreign direct investment and (d) the UK's balance of trade for the next five years in scenarios in which (i) the UK does not leave the EU, (ii) the UK leaves the EU without deal and (iii) the UK leaves the EU with a deal. more like this
star this property tabling member constituency Tooting more like this
star this property tabling member printed
Dr Rosena Allin-Khan more like this
star this property uin 285401 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>HM Treasury does not produce economic forecasts. The independent Office for Budget Responsibility (OBR) is responsible for producing forecasts for the UK economy and public finances. In line with its remit, the OBR’s forecasts include the economic and fiscal impact of government policy on EU exit where the effects can be quantified with reasonable accuracy. The OBR has said that it will adjust its Brexit assumptions when more detail is available on the future trade and migration relationship between the UK and EU.</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 2019-09-09T11:35:35.117Zmore like thismore than 2019-09-09T11:35:35.117Z
unstar this property answering member
4051
star this property label Biography information for John Glen remove filter
star this property tabling member
4573
unstar this property label Biography information for Dr Rosena Allin-Khan more like this
1144212
star this property registered interest false more like this
star this property date less than 2019-09-03more like thismore than 2019-09-03
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
star this property answering dept sort name Treasury more like this
star this property hansard heading Elysian Fuels more like this
unstar 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 he is taking to ensure that constituents in Crewe and Nantwich constituency that were mis-sold investments in Elysian Fuels by James Hay will be compensated. more like this
star this property tabling member constituency Crewe and Nantwich more like this
star this property tabling member printed
Laura Smith more like this
star this property uin 286345 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>Consumers with complaints of this kind may be able to refer their complaint to the Financial Ombudsman Service (FOS).</p><p> </p><p>The FOS is an independent, non-governmental body, established to provide for the proportionate, prompt and informal resolution of consumer complaints against financial services firms. Whether or not an individual complaint can be taken to the FOS will ultimately depend on the individual details. The eligibility of a complaint would be a matter for the FOS to consider.</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 2019-09-09T11:34:51.087Zmore like thismore than 2019-09-09T11:34:51.087Z
unstar this property answering member
4051
star this property label Biography information for John Glen remove filter
star this property tabling member
4648
unstar this property label Biography information for Laura Smith more like this