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1236630

	registered interest
	date	22/09/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	ARM
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, on how many occasions he and his Department have had discussions with (a) Nvidia and (b) Arm on the sale of Arm from Softbank to Nvidia.
	tabling member constituency	Cambridge
	tabling member printed	Daniel Zeichner
	uin	93607
	answer	answer is ministerial correction date of answer 30/09/2020 answer text <p>Neither the Chancellor nor HM Treasury have held discussions with Nvidia or Arm on the sale of Arm from Softbank to Nvidia. The Government recognises the vital role ARM plays in the UK’s tech sector and its contribution to the economy.</p><p> </p><p>The Government monitors acquisitions and mergers closely. We will be scrutinising the Arm deal in close detail to understand the implications for the UK, and if further action is required.</p><p> </p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 30/09/2020 08:47:09 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	4382 label Biography information for Daniel Zeichner

1240365

	registered interest
	date	05/10/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	ARM: NVIDIA
	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 potential merits of holding discussions with (a) Softbank and Arm on the Softbank/Arm deal of 2016 and (b) Nvidia and Arm on the Softbank/Nvidia Arm deal of 2020.
	tabling member constituency	Cambridge
	tabling member printed	Daniel Zeichner
	uin	98989
	answer	answer is ministerial correction date of answer 13/10/2020 answer text <p>The Department for Digital, Culture, Media &amp; Sport is leading engagement with the parties involved, all queries should be directed to the DCMS.</p><p> </p><p>Information about ministerial meetings can be found at <a href="https://www.gov.uk/" target="_blank">gov.uk</a>. It would be inappropriate to divulge further detail at this stage.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 13/10/2020 10:09:23 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	4382 label Biography information for Daniel Zeichner

1275213

	registered interest
	date	11/01/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Advanced Research and Invention Agency: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to the 2020 Spending Review and the £800 million allocated to the high-risk, high-reward programme, when the remaining £750 million will become available, and whether this will be in phases or in one instalment.
	tabling member constituency	Easington
	tabling member printed	Grahame Morris
	uin	135897
	answer	answer is ministerial correction date of answer 14/01/2021 answer text <p>In the Spending Review the Government announced an annual profile for high-risk, high-reward research rounded to the nearest £0.1bn. This profile is £0.1bn in 2021-22, £0.3bn in 2022-23, £0.3bn in 2023-24 and £0.3bn in 2024-2025.</p><p> </p> answering member constituency Saffron Walden answering member printed Kemi Badenoch grouped question UIN 135898 question first answered 14/01/2021 09:23:58 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	3973 label Biography information for Grahame Morris

1275214

	registered interest
	date	11/01/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Advanced Research and Invention Agency: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to the 2020 Spending Review and the £800 million allocated to the high-risk, high-reward programme, which body will be responsible for allocating those funds.
	tabling member constituency	Easington
	tabling member printed	Grahame Morris
	uin	135898
	answer	answer is ministerial correction date of answer 14/01/2021 answer text <p>In the Spending Review the Government announced an annual profile for high-risk, high-reward research rounded to the nearest £0.1bn. This profile is £0.1bn in 2021-22, £0.3bn in 2022-23, £0.3bn in 2023-24 and £0.3bn in 2024-2025.</p><p> </p> answering member constituency Saffron Walden answering member printed Kemi Badenoch grouped question UIN 135897 question first answered 14/01/2021 09:23:58 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	3973 label Biography information for Grahame Morris

1276410

	registered interest
	date	13/01/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Aerospace Industry and Aviation: Coronavirus
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what plans his Department has for sector-specific support for the aviation and aerospace industries to offset the effect on them of national lockdowns and travel bans during the covid-19 outbreak.
	tabling member constituency	Filton and Bradley Stoke
	tabling member printed	Jack Lopresti
	uin	137180
	answer	answer is ministerial correction date of answer 20/01/2021 answer text <p>The Government recognises the challenging circumstances facing the aviation industry as a result of Covid-19 and firms experiencing difficulties can draw upon the unprecedented package of measures announced by the Chancellor, including schemes to raise capital and flexibilities with tax bills. The aerospace sector and its aviation customers are being supported with over £11 billion support through the Bank of England’s Covid Corporate Financing Facility, grants for research and development, and committed loan guarantees for aviation and aerospace exporters. This includes over £8bn of UK Export Finance Guarantees.</p><p> </p><p>The Chancellor also announced on 17 December that the CJRS will be extended until April, with employees receiving 80% of their usual salary for hours not worked, up to a maximum of £2,500 per month. This will continue to protect jobs and businesses across the UK in light of recent developments in the path of the virus.</p><p> </p><p>The Airport and Ground Operations Support Scheme announced on 24 November will also provide support for eligible businesses, up to the equivalent of their business rates liabilities in the 2020/21 financial year, subject to certain conditions and a cap per claimant of £8m. This is intended to help reduce cash burn and could unlock shareholder and lender support.</p><p> </p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 20/01/2021 11:19:59 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	3989 label Biography information for Jack Lopresti

1237568

	registered interest
	date	24/09/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Aerospace Industry and Aviation: Taxation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what estimate he has made of the change in tax revenues originating from aviation and aerospace-related activities in (a) 2020-21 and (b) the next three financial years.
	tabling member constituency	Paisley and Renfrewshire North
	tabling member printed	Gavin Newlands
	uin	95116
	answer	answer is ministerial correction date of answer 30/09/2020 answer text <p>Forecasts of future receipts are produced by the Office for Budget Responsibility (OBR) on a regular basis as part of their Economic and Fiscal Outlook series. The Chancellor of the Exchequer has asked the OBR to prepare an economic and fiscal forecast to be published in November.</p><p> </p><p>Air Passenger Duty (APD) is the UK’s principal tax on the aviation sector. The OBR’s Fiscal Sustainability Report, published in July, has estimated APD receipts over the next five financial years under various scenarios. Under the central scenario, the OBR estimated that APD would raise: £1.3bn in 2020-21; £3.7bn in 2021-22; £3.8bn in 2022-23; £3.9bn in 2023-24 and; £4.1bn on 2024-25. The report acknowledges that these figures are “hugely uncertain”.</p><p><strong> </strong></p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 30/09/2020 08:23:39 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	4420 label Biography information for Gavin Newlands

1221392

	registered interest
	date	07/07/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Aerospace Industry: Coronavirus
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will introduce a sector specific job protection package for the aerospace industry in response to the covid-19 outbreak.
	tabling member constituency	Hemsworth
	tabling member printed	Jon Trickett
	uin	70325
	answer	answer is ministerial correction date of answer 10/07/2020 answer text <p>The Government recognises the challenging times facing the aerospace sector as a result of COVID-19. Firms experiencing difficulties as a result of COVID-19 can draw upon the unprecedented package of measures announced by the Chancellor, including schemes to raise capital, flexibilities with tax bills, and financial support for employees.</p><p> </p><p>As of midnight 28 June 2020, the CJRS has helped 1.1 million employers across the UK furlough 9.3 million jobs, protecting people’s livelihoods.</p><p> </p><p>The furlough scheme will remain open until October.</p><p> </p><p>It would be challenging to target the CJRS to specific sectors in a fair and deliverable way, and it may not be the case that this is the most effective or sensible way to provide longer term support for those sectors most affected by coronavirus.</p><p> </p><p>It would also be difficult to target the CJRS at specific sectors without creating distortion, particularly as some firms work across multiple sectors. There are other schemes (including CBILS) that can provide support to specific firms.</p><p> </p><p>The government will continue to engage with businesses and representative groups with the aim of ensuring that support provided is right for these sectors and for the economy as a whole.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 10/07/2020 13:26:52 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	410 label Biography information for Jon Trickett

1251818

	registered interest
	date	12/11/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Aerospace Industry: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will take steps to support jobs in the aerospace sector supply chain by establishing a long-term supply chain investment fund to recapitalise suppliers who are unable to take on new debt.
	tabling member constituency	Lanark and Hamilton East
	tabling member printed	Angela Crawley
	uin	114949
	answer	answer is ministerial correction date of answer 20/11/2020 answer text <p>I am aware of the challenging conditions facing the aerospace sector. That is why we are supporting the aerospace sector and its aviation customers with over £9 billion support through the Bank of England’s Covid Corporate Financing Facility, grants for research and development, loan guarantees and support for aerospace exports.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 20/11/2020 09:59:22 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	4469 label Biography information for Angela Crawley

1194507

	registered interest
	date	11/05/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Aggregates Levy
	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 the request by the Mineral Products Association for quarry owners to have additional time to pay the Aggregates Levy.
	tabling member constituency	East Antrim
	tabling member printed	Sammy Wilson
	uin	45082
	answer	answer is ministerial correction date of answer 18/05/2020 answer text <p>The Government has announced unprecedented support for public services, business and workers to protect against the current economic emergency. Our economic response is one of the most generous and comprehensive globally.</p><p> </p><p>HMRC are also delivering Time to Pay to fit the specific impacts of Covid-19. Time to Pay is a pre-existing scheme available to all firms and individuals who are in temporary financial distress as a result of Covid-19 with existing liabilities to HMRC and are unable to pay their tax on time. The government has ensured that businesses and self-employed individuals in financial distress and with outstanding tax liabilities can receive help and advice with their tax affairs. HMRC has set up a dedicated COVID-19 helpline to help those in need, and they may be able to agree a bespoke Time to Pay arrangement. A business or self-employed individual can contact HMRC’s helpline for help and advice on 0800 024 1222.</p><p> </p><p>In addition, the government is deferring Value Added Tax (VAT) payments so UK VAT registered businesses will not need to pay any VAT due alongside their normal VAT return from 20 March through to the end of June – a deferral worth over £30 billion or 1.5% of GDP. Businesses will have until the end of the financial year (March 31st 2021) to pay back any deferred VAT. This is to help support businesses with their cash flows, and support individuals’ employment. The option to defer VAT is open to all £2.3 million UK VAT registered businesses.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 18/05/2020 09:24:11 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	1593 label Biography information for Sammy Wilson

1201514

	registered interest
	date	05/06/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Agricultural Shows: Coronavirus
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what financial support is available for providers of agricultural and country shows during the covid-19 outbreak; and what support is available for mobile providers of those shows who do not have fixed property.
	tabling member constituency	Cambridge
	tabling member printed	Daniel Zeichner
	uin	55692
	answer	answer is ministerial correction date of answer 15/06/2020 answer text <p>The Government has announced unprecedented support for business and workers to protect them against the current economic emergency including almost £300 billion of guarantees – equivalent to 15% of UK GDP. Where they have business premises, agro-event hire companies may benefit from one of the grants schemes announced on 17 March:</p><p> </p><ul><li>The Small Business Grant Fund, which provides eligible businesses with a £10,000 grant per property, for each property in receipt of Small Business Rates Relief (SBRR) or Rural Rates Relief (RRR).</li><li>The Retail, Hospitality and Leisure Grant Fund, which provides eligible businesses, not in receipt of SBRR or RRR, with a £10,000 grant per property with a rateable value of £15,000 or less; and £25,000 grant per property with a rateable value between £15,000 and £51,000.</li></ul><p> </p><p> </p><p>Agro-event hire companies without premises, along with other businesses, may benefit from a range of other support measures. The Business Support website provides further information about how businesses can access the support that has been made available, who is eligible and how to apply - <a href="https://www.gov.uk/business-coronavirus-support-finder" target="_blank">https://www.gov.uk/business-coronavirus-support-finder</a>.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 15/06/2020 09:38:13 answering member 4597 label Biography information for Kemi Badenoch
	tabling member	4382 label Biography information for Daniel Zeichner