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520628
star this property registered interest false more like this
star this property date less than 2016-05-23more like thismore than 2016-05-23
star this property answering body
HM Treasury more like this
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 CaTreasury more like this
star this property hansard heading Bank Services: ICT 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 Mr Chancellor of the Exchequer, what assessment he has made of the role of financial technology in encouraging consumers to switch their current account. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 37958 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 2016-06-01more like thismore than 2016-06-01
star this property answer text <p>The government is committed to increasing competition in banking to improve outcomes for consumers. This includes delivering the Current Account Switch Service (CASS) which allows customers to switch their personal or business current account where they see a better deal – simply, quickly and reliably. Consumers have switched over 2.8 million times since the service was launched in 2013.</p><p> </p><p>Making it easier for people to understand and compare banking products and services can help drive consumer engagement and could lead to an increase in switching. Financial technology is an important part of this.</p><p> </p><p>In its recent provisional decision on remedies, the Competition and Markets Authority (CMA) proposed requiring the largest retail banks in Great Britain and Northern Ireland to develop and adopt an open API banking standard by early 2018.</p><p>This will make it easier for financial technology firms to make use of customer bank data in a variety of innovative ways, including providing services that make it easier for consumers to compare products and shop around for a better deal.</p><p> </p><p>The government welcomes the CMA’s ongoing work as a crucial step towards the goal of a highly competitive banking sector, and stands ready to take action as necessary once the CMA publishes its final report in the summer.</p>
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2016-06-01T13:51:23.613Zmore like thismore than 2016-06-01T13:51:23.613Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin remove filter
star this property tabling member
1586
star this property label Biography information for Adam Afriyie more like this
431610
star this property registered interest false more like this
star this property date less than 2015-11-23more like thismore than 2015-11-23
star this property answering body
HM Treasury more like this
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 CaTreasury more like this
star this property hansard heading Small Businesses: Finance 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 Mr Chancellor of the Exchequer, what assessment he has made of the effectiveness of the bank referral scheme announced in the 2015 Budget in providing accessible finance to small and medium-seized enterprises. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 17360 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 2015-12-01more like thismore than 2015-12-01
star this property answer text <p>The bank referral scheme is not yet up and running but the Government is committed to delivering this policy which will help small and medium sized enterprises access the finance they need to grow and expand.</p><br /><p>Since the Government announced the Finance Platform policy at Budget 2014 significant progress on implementation has been made. The Government has consulted, passed primary legislation and is now close to making secondary legislation.</p><br /><p>The British Business Bank is currently undertaking a due diligence process on Finance Platforms that have expressed an interest in becoming designated and will advise HM Treasury on designation in the Spring; with the policy expected to ‘go live’ later in 2016.</p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2015-12-01T17:09:59.743Zmore like thismore than 2015-12-01T17:09:59.743Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin remove filter
star this property tabling member
1586
star this property label Biography information for Adam Afriyie more like this
428506
star this property registered interest false more like this
star this property date less than 2015-11-16more like thismore than 2015-11-16
star this property answering body
HM Treasury more like this
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 CaTreasury more like this
star this property hansard heading Payment Methods 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 Mr Chancellor of the Exchequer, what steps he is taking to deliver a faster payments infrastructure. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 16451 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 2015-11-23more like thismore than 2015-11-23
star this property answer text <p>The Faster Payment Scheme (FPS) launched in 2008 and provides near-instant settlement for over one billion payments that consumers and businesses make every year.</p><br /><p>FPS is one of the eight payment systems regulated by the new Payment Systems Regulator – which the Government launched in 2015, equipped with powers to ensure that UK payment systems are competitive and innovative. A key part of the PSR’s work is to ensure that UK payment systems work efficiently to deliver benefits for the individuals and firms that use them.</p><br /><p>The Government is also working with the Financial Conduct Authority’s (FCA) Project Innovate – which looks to foster and support innovative financial technology (“FinTech”) firms, including firms that offer customers new and efficient ways to make payments in the UK.</p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2015-11-23T11:49:17.537Zmore like thismore than 2015-11-23T11:49:17.537Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin remove filter
star this property tabling member
1586
star this property label Biography information for Adam Afriyie more like this
428507
star this property registered interest false more like this
star this property date less than 2015-11-16more like thismore than 2015-11-16
star this property answering body
HM Treasury more like this
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 CaTreasury more like this
star this property hansard heading Bank Services 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 Mr Chancellor of the Exchequer, what assessment his Department has made of the availability of bank accounts for (a) crowd funding and (b) digital currency businesses. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 16372 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 2015-11-23more like thismore than 2015-11-23
star this property answer text <p>As the Chancellor announced at the Budget in March, the Government intends to bring digital currency exchanges into the scope of anti-money laundering regulation. The digital currency industry has highlighted the current lack of regulation as one of the obstacles firms face when trying to get bank accounts in the UK. The new regulatory regime will be designed to support firms’ access to these vital banking services, and to foster an environment in which legitimate digital currency businesses can flourish in the UK. The Treasury will consult on the detail of regulation shortly.</p><br /><p>The Government has supported the crowdfunding industry by consulting on whether to extend ISA eligibility to debt and equity crowdfunding and helping equity crowdfunding through the tax efficient Enterprise Investment Scheme (EIS) – without which 24% of investors say they would not have invested.</p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2015-11-23T11:47:50.15Zmore like thismore than 2015-11-23T11:47:50.15Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin remove filter
star this property tabling member
1586
star this property label Biography information for Adam Afriyie more like this
419038
star this property registered interest false more like this
star this property date less than 2015-09-16more like thismore than 2015-09-16
star this property answering body
HM Treasury more like this
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 CaTreasury more like this
star this property hansard heading Financial Services: Regulation 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 Mr Chancellor of the Exchequer, what plans he has to bring forward legislation to regulate (a) digital currencies, (b) crowdfunding and (c) peer-to-peer lending. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 10491 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 2015-10-12more like thismore than 2015-10-12
star this property answer text <p>At the March Budget, the Government said it would consult on how to regulate digital currency exchanges in the new Parliament.</p><p>Operating a P2P platform has been an activity regulated by the Financial Conduct Authority (FCA) since 2014. Crowdfunding is also a Regulated Activity and is subject to FCA rules.</p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2015-10-12T14:17:54.447Zmore like thismore than 2015-10-12T14:17:54.447Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin remove filter
star this property tabling member
1586
star this property label Biography information for Adam Afriyie more like this
419043
star this property registered interest false more like this
star this property date less than 2015-09-16more like thismore than 2015-09-16
star this property answering body
HM Treasury more like this
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 CaTreasury more like this
star this property hansard heading Financial Services: Technology 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 Mr Chancellor of the Exchequer, what steps he is taking to attract international FinTech companies to the UK. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 10494 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 2015-10-12more like thismore than 2015-10-12
star this property answer text <p>The Government is committed to making the UK the leading global FinTech hub, and has announced a large number of policy initiatives, including more supportive regulatory regimes for peer-to-peer, digital currencies, and other innovative firms.</p><p>The Government built on this record at the Summer Budget. First, Eileen Burbidge was appointed as the UK’s ‘Special Envoy for FinTech’, where she will represent UK interests in FinTech at home and around the world. Second, an international FinTech benchmarking exercise was announced to measure the UK’s performance and identify areas of best practice from around the world.</p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2015-10-12T14:34:55.627Zmore like thismore than 2015-10-12T14:34:55.627Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin remove filter
star this property tabling member
1586
star this property label Biography information for Adam Afriyie more like this
391306
star this property registered interest false more like this
star this property date less than 2015-07-20more like thismore than 2015-07-20
star this property answering body
HM Treasury more like this
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 CaTreasury more like this
star this property hansard heading Financial Services: Technology 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 Mr Chancellor of the Exchequer, what support his Department is providing to promote the growth of the FinTech industry. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 7976 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 2015-09-07more like thismore than 2015-09-07
star this property answer text <p>The Government is committed to making the UK the leading global FinTech hub, and has announced a large number of policy initiatives, including more supportive regulatory regimes for peer-to-peer, digital currencies, and other innovative firms.</p><p> </p><p> </p><p> </p><p>The Government built on this record at the Summer Budget. First, Eileen Burbidge was appointed as the UK’s ‘Special Envoy for FinTech’, where she will represent UK interests in FinTech at home and around the world. Second, an international FinTech benchmarking exercise was announced to measure the UK’s performance and identify areas of best practice from around the world.</p><p> </p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2015-09-07T15:35:18.747Zmore like thismore than 2015-09-07T15:35:18.747Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin remove filter
star this property tabling member
1586
star this property label Biography information for Adam Afriyie more like this
911248
star this property registered interest false more like this
star this property date remove maximum value filtermore like thismore than 2018-05-24
star this property answering body
Foreign and Commonwealth Office more like this
star this property answering dept id 16 more like this
star this property answering dept short name Foreign and Commonwealth Office more like this
star this property answering dept sort name Foreign and Commonwealth Office more like this
star this property hansard heading Windrush Generation: Diplomatic Service 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 Secretary of State for Foreign and Commonwealth Affairs, whether his Department will provide consular and legal assistance to (a) members of the Windrush generation and their children and (b) people who arrived between 1973 and 1988 applying for citizenship or the right to remain from abroad. more like this
star this property tabling member constituency Manchester, Gorton more like this
star this property tabling member printed
Afzal Khan more like this
star this property uin 147980 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 2018-06-06more like thismore than 2018-06-06
star this property answer text <p>The consular assistance the Foreign and Commonwealth Office can offer overseas is set out in our public guide at <a href="https://www.gov.uk/government/publications/support-for-british-nationals-abroad-a-guide" target="_blank">https://www.gov.uk/government/publications/support-for-british-nationals-abroad-a-guide</a>.</p><p>The Home Secretary announced a dedicated Windrush Scheme at <a href="https://www.gov.uk/government/publications/undocumented-commonwealth-citizens-resident-in-the-uk" target="_blank">https://www.gov.uk/government/publications/undocumented-commonwealth-citizens-resident-in-the-uk </a>which will ensure that members of the Windrush generation will be able to obtain the documents to confirm their status. This applies equally to their children born in the UK and those who arrived in UK as minors, and to others who have been in the United Kingdom for a long period of time. This includes information and assistance for those currently overseas and contact details of the Windrush Taskforce.</p>
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2018-06-06T16:01:38.717Zmore like thismore than 2018-06-06T16:01:38.717Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin remove filter
star this property tabling member
4671
star this property label Biography information for Afzal Khan more like this
630909
star this property registered interest false more like this
star this property date less than 2016-11-01more like thismore than 2016-11-01
star this property answering body
Ministry of Defence more like this
star this property answering dept id 11 more like this
star this property answering dept short name Defence more like this
star this property answering dept sort name Defence more like this
star this property hansard heading Type 26 Frigates 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 Secretary of State for Defence, what recent progress has been made on the order for Type 26 frigates. more like this
star this property tabling member constituency Kilmarnock and Loudoun more like this
star this property tabling member printed
Alan Brown more like this
star this property uin 907105 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 2016-11-07more like thismore than 2016-11-07
star this property answer text <p>I refer the hon. Members to the statement made by my right hon. Friend the Defence Secretary on 4 November 2016 (HCSW237).</p><p> </p><p>The Type 26 Programme will deliver a new generation of cutting-edge warships for our Royal Navy at best value for taxpayers.</p><p> </p><p>The UK Government’s commitment will secure hundreds of high-skilled shipbuilding jobs on the Clyde for at least two decades and hundreds more in the supply chain across Britain.</p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property grouped question UIN 907106 more like this
star this property question first answered
less than 2016-11-07T17:09:43.283Zmore like thismore than 2016-11-07T17:09:43.283Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin remove filter
star this property tabling member
4470
star this property label Biography information for Alan Brown more like this
622059
star this property registered interest false more like this
star this property date less than 2016-10-26more like thismore than 2016-10-26
star this property answering body
Ministry of Defence more like this
star this property answering dept id 11 more like this
star this property answering dept short name Defence more like this
star this property answering dept sort name Defence more like this
star this property hansard heading Trident Submarines 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 Secretary of State for Defence, pursuant to the Answer of 20 October 2016 to Question 49732, on Trident submarines: iron and steel, what proportion of the BAE supply chain in the UK is based in Scotland. more like this
star this property tabling member constituency Kilmarnock and Loudoun more like this
star this property tabling member printed
Alan Brown more like this
star this property uin 50532 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 2016-10-31more like thismore than 2016-10-31
star this property answer text <p>It is too early in the Dreadnought submarine programme to be able to provide an estimate of the proportion of the supply chain that will be based in Scotland.</p><p>The programme represents billions of pounds of investment in thousands of British jobs across hundreds of firms from Scotland to the South of England.</p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2016-10-31T16:53:56.637Zmore like thismore than 2016-10-31T16:53:56.637Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin remove filter
star this property tabling member
4470
star this property label Biography information for Alan Brown more like this