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914837

	registered interest
	date	01/06/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Regional Planning and Development: Nottinghamshire
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what steps he is taking to support the development of regional infrastructure in Nottinghamshire.
	tabling member constituency	Mansfield
	tabling member printed	Ben Bradley
	uin	149074
	answer	answer is ministerial correction date of answer 11/06/2018 answer text <p>This government is committed to ensuring that every part of the country has a modern and efficient infrastructure.</p><p> </p><p>Access to Superfast Broadband in Nottinghamshire has risen from 65% to 98% since 2010.</p><p> </p><p>The current East Midlands rail ‎franchise has delivered over £13 million of investment, including additional services between Newark and Nottingham.</p><p> </p><p>£1.8 billion is being spent on road schemes across the Midlands network, including an upgrade to the M1 with vital junction improvements to increase capacity and reduce congestion for Nottingham. £5 million has also been awarded for the extensive repairs to the A38 and A617 Mansfield Ashfield Regeneration Route.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 11/06/2018 16:06:52 answering member 4320 label Biography information for Robert Jenrick
	tabling member	4663 label Biography information for Ben Bradley

911284

	registered interest
	date	24/05/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, which private finance initiative contracts are being delivered by contractors that his Department deem to be high risk.
	tabling member constituency	Hayes and Harlington
	tabling member printed	John McDonnell
	uin	147791
	answer	answer is ministerial correction date of answer 11/06/2018 answer text <p>The vast majority of PFI projects were signed under the last Labour government – 620, or 86% of all PFI projects in the UK. Since coming to office in 2010, this Government has reformed the approach so that now, PF2 contracts deliver better value for money for the taxpayer.</p><p>We have improved the VfM we get from existing PFI contracts, and this will deliver over £2 billion in efficiencies over the remaining life of the contracts. In 2012 we also reformed PFI to improve its transparency, and reduce procurement times, through the new PF2 model.</p><p>The Government continually monitors the financial health of all of its strategic suppliers, including those delivering PFI contracts.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 11/06/2018 09:17:48 answering member 4320 label Biography information for Robert Jenrick
	tabling member	178 label Biography information for John McDonnell

911287

	registered interest
	date	24/05/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how his Department monitors private finance initiative contracts, including (a) strategic risk management policy, (b) financial control and (c) performance management.
	tabling member constituency	Hayes and Harlington
	tabling member printed	John McDonnell
	uin	147794
	answer	answer is ministerial correction date of answer 11/06/2018 answer text <p>The vast majority of PFI projects were signed under the last Labour government – 620, or 86% of all PFI projects in the UK. Since coming to office in 2010, this Government has reformed the approach so that now, PF2 contracts deliver better value for money for the taxpayer.</p><p> </p><p>We have also improved the VfM we get from existing PFI contracts, and this will deliver over £2 billion in efficiencies over the remaining life of the contracts.</p><p> </p><p>The performance of PFI and PF2 contracts is monitored by the procuring authority. The government has published a range of advice on managing PFI and PF2 contracts, covering areas such as operational savings, refinancing and termination. HM Treasury assesses and responds to fiscal and financial risks as part of its ongoing business activities.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 11/06/2018 09:16:16 answering member 4320 label Biography information for Robert Jenrick
	tabling member	178 label Biography information for John McDonnell

911281

	registered interest
	date	24/05/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, with reference to the report entitled PFI and PF2, published by the National Audit Office on 17 January 2018, what assessment his Department has made of the implications for his Department's policies of that report's findings that PF2 costs are around 40 per cent higher than similar projects financed by government borrowing; and if he will make a statement.
	tabling member constituency	Hayes and Harlington
	tabling member printed	John McDonnell
	uin	147790
	answer	answer is ministerial correction date of answer 11/06/2018 answer text <p>The vast majority of PFI projects were signed under the last Labour government – 620, or 86% of all PFI projects in the UK. Since coming to office in 2010, this Government has reformed the approach so that now, PF2 contracts deliver better value for money for the taxpayer.</p><p> </p><p>We have also improved the VfM we get from existing PFI contracts, and this will deliver over £2 billion in efficiencies over the remaining life of the contracts.</p><p> </p><p>The Treasury Green Book is clear that, to compare the costs and benefits that occur at different times between different projects, a discount rate must be applied to the cashflows. This is standard practice in all economic appraisals as it provides a Net Present Cost for the different projects, which enables a proper comparison of the costs and benefits occurring at different times on a consistent basis.</p><p> </p><p>The NAO report’s finding that PF2 costs are around 40 per cent higher than similar projects financed by government borrowing is based on undiscounted cashflows and has not followed the Green Book guidance. It is not, therefore, an appropriate comparison.</p><p> </p> answering member constituency Newark answering member printed Robert Jenrick question first answered 11/06/2018 09:13:20 answering member 4320 label Biography information for Robert Jenrick
	tabling member	178 label Biography information for John McDonnell

918407

	registered interest
	date	06/06/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Hydrogen Fuelling Stations
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, for what reason hydrogen refuelling infrastructure has not been included in the Charging Investment Infrastructure Fund.
	tabling member constituency	Wakefield
	tabling member printed	Mary Creagh
	uin	150632
	answer	answer is ministerial correction date of answer 11/06/2018 answer text <p>The purpose of the Charging Infrastructure Investment Fund is to catalyse private sector investment into the electric vehicle chargepoint network. Electric vehicle infrastructure is at a different stage of market development to hydrogen and currently has sufficient viable commercial propositions which is suitable for investments of this type.</p><p>The government is committed to introducing appropriately targeted interventions in hydrogen to support its growth as a transport fuel in the UK. The government has allocated £30m funding to increase the uptake of hydrogen fuel cell vehicles and roll out more cutting edge infrastructure – part of this funding has now been awarded to a successful consortium bid which will see additional hydrogen refuelling stations being built as well as upgrades to existing refuelling infrastructure. In addition, government funding has supported the opening of the UK’s first integrated forecourt hydrogen refuelling station at the Shell Beaconsfield site, making it the first location in the country selling hydrogen fuel as well as petrol and diesel.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 150604 question first answered 11/06/2018 16:04:52 answering member 4320 label Biography information for Robert Jenrick
	tabling member	1579 label Biography information for Mary Creagh

918413

	registered interest
	date	06/06/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Hydrogen Fuelling Stations
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, whether he has plans to include hydrogen refuelling infrastructure in the Charging Infrastructure Investment Fund in the future.
	tabling member constituency	South West Bedfordshire
	tabling member printed	Andrew Selous
	uin	150604
	answer	answer is ministerial correction date of answer 11/06/2018 answer text <p>The purpose of the Charging Infrastructure Investment Fund is to catalyse private sector investment into the electric vehicle chargepoint network. Electric vehicle infrastructure is at a different stage of market development to hydrogen and currently has sufficient viable commercial propositions which is suitable for investments of this type.</p><p>The government is committed to introducing appropriately targeted interventions in hydrogen to support its growth as a transport fuel in the UK. The government has allocated £30m funding to increase the uptake of hydrogen fuel cell vehicles and roll out more cutting edge infrastructure – part of this funding has now been awarded to a successful consortium bid which will see additional hydrogen refuelling stations being built as well as upgrades to existing refuelling infrastructure. In addition, government funding has supported the opening of the UK’s first integrated forecourt hydrogen refuelling station at the Shell Beaconsfield site, making it the first location in the country selling hydrogen fuel as well as petrol and diesel.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 150632 question first answered 11/06/2018 16:04:52 answering member 4320 label Biography information for Robert Jenrick
	tabling member	1453 label Biography information for Andrew Selous

914966

	registered interest
	date	01/06/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	National Productivity Investment Fund
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, whether he has plans to ring-fence funding allocated from National Productivity Investment Fund to the devolved administrations.
	tabling member constituency	Ochil and South Perthshire
	tabling member printed	Luke Graham
	uin	149022
	answer	answer is ministerial correction date of answer 11/06/2018 answer text <p>The National Productivity Investment Fund (NPIF) was established to provide £31 billion of additional capital spending to areas critical for improving productivity – transport, digital infrastructure, housing and R&amp;D. Where responsibility for these policy areas sits with the devolved administrations, such as housing and roads, they have received increases in their capital budgets as a result of the application of the Barnett formula to changes in spending in England. The devolved administrations have full control over how they allocate this funding.</p><p> </p><p>The UK Government is also investing UK-wide in sectors where it has responsibility, including research and development funding, and investment in digital infrastructure.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 11/06/2018 12:38:39 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4622 label Biography information for Luke Graham

917416

	registered interest
	date	05/06/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Local Government Finance: Somerset
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 11 May 2018 to Question 143143, on Local Government Finance whether his Department defines Somerset County Council as being at risk.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	150115
	answer	answer is ministerial correction date of answer 11/06/2018 answer text <p>The Ministry for Housing, Communities and Local Government is responsible for assessing the risks and challenges faced by local authorities.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 11/06/2018 12:35:53 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4125 label Biography information for Catherine McKinnell

915043

	registered interest
	date	01/06/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	VAT
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the (a) cost of and (b) timetable for implementation of the infrastructure which will be required at UK borders to add VAT when the UK leaves the EU.
	tabling member constituency	Carshalton and Wallington
	tabling member printed	Tom Brake
	uin	148600
	answer	answer is ministerial correction date of answer 11/06/2018 answer text <p>The Government’s aim is to keep VAT processes as close as possible to what they are now. This will provide the best continuity and most certainty for businesses and individuals. HM Revenue and Customs is preparing for a range of outcomes, including appropriate collection methods and IT systems. Going forward it will be for the UK Government to decide what VAT rules we have, subject to the outcome of negotiations with the EU.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 11/06/2018 15:59:28 answering member 3935 label Biography information for Mel Stride
	tabling member	151 label Biography information for Tom Brake

911285

	registered interest
	date	24/05/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Carillion: Insolvency
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, with reference to the Forty-first report of the Public Accounts Committee, Government risk assessments relating to Carillion, published on 23 May 2018, HC 1045, when his Department first became aware of the Cabinet Office's responses to recommendations to give Carillion a high-risk rating two months before that company collapsed.
	tabling member constituency	Hayes and Harlington
	tabling member printed	John McDonnell
	uin	147792
	answer	answer is ministerial correction date of answer 11/06/2018 answer text <p>The Cabinet Office leads on Strategic Supplier Risk Management, and undertakes regular assessments of suppliers. Following Carillion’s profits warning in July, the Treasury was part of the cross government working group, and were fully engaged in the contingency planning process.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 11/06/2018 09:25:35 answering member 4320 label Biography information for Robert Jenrick
	tabling member	178 label Biography information for John McDonnell