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1000267
star this property registered interest false more like this
star this property date less than 2018-11-02more like thismore than 2018-11-02
star this property answering body
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
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Bank Notes 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 discussions he has had with the Governor of the Bank of England on the person who will be represented on the new £50 note. more like this
star this property tabling member constituency Ilford North more like this
star this property tabling member printed
Wes Streeting more like this
star this property uin 187380 more like this
star this property answer
answer
unstar this property is ministerial correction false remove filter
star this property date of answer less than 2018-11-12more like thismore than 2018-11-12
star this property answer text <p>The Bank of England is responsible for the design, production, issue and distribution of bank notes. On 2 November 2018, the Governor of the Bank of England announced that the design of the new £50 note will celebrate the UK’s contribution to science. Members of the public have until 14 December to nominate a historical character who has contributed to science and influenced UK society to feature on the note.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-11-12T17:50:24.36Zmore like thismore than 2018-11-12T17:50:24.36Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4504
unstar this property label Biography information for Wes Streeting more like this
1001947
star this property registered interest false more like this
star this property date less than 2018-11-05more like thismore than 2018-11-05
star this property answering body
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
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Mortgages: EU Law 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 effect of the EU Mortgage Credit Directive on access to lower mortgage rates. more like this
star this property tabling member constituency East Worthing and Shoreham more like this
star this property tabling member printed
Tim Loughton more like this
star this property uin 187982 more like this
star this property answer
answer
unstar this property is ministerial correction false remove filter
star this property date of answer less than 2018-11-12more like thismore than 2018-11-12
star this property answer text <p>The EU Mortgage Credit Directive (MCD), which came into force in March 2016, prevents lenders waiving the affordability requirements when a borrower moves to a new lender. As a result some borrowers may find it harder to switch to a new lender to access lower rates.</p><p> </p><p>While we must comply with the MCD, the Financial Conduct Authority have put in place exemptions which allow lenders to waive affordability requirements for customers that are remortgaging with their existing lender but not increasing the size of their debt. In addition in July 2018, UK Finance, the Building Socieities Association, and the Intermediary Mortgage Lenders Association, announced a cross industry voluntary agreement. Under this agreement lenders undertook to write by the end of 2018 to any borrowers on the reversion rate who are up to date with payments, and have a minimum of 2 years and £10,000 left on their mortgage, to let them know they can access lower mortgage rates with their existing lender. Officials in the Treasury continue to work closely with the FCA and industry to explore what more can be done<strong>. </strong></p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-11-12T17:49:19.453Zmore like thismore than 2018-11-12T17:49:19.453Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
114
unstar this property label Biography information for Tim Loughton more like this
1002049
star this property registered interest false more like this
star this property date less than 2018-11-05more like thismore than 2018-11-05
star this property answering body
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
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Electronic Funds Transfer 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 discussions he has had with his European counterparts on the feasibility of establishing an alternative mechanism for money transfers autonomous from the Society for Worldwide Interbank Financial Telecommunication. more like this
star this property tabling member constituency Islington South and Finsbury more like this
star this property tabling member printed
Emily Thornberry more like this
star this property uin 188065 more like this
star this property answer
answer
unstar this property is ministerial correction false remove filter
star this property date of answer less than 2018-11-12more like thismore than 2018-11-12
star this property answer text <p>Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery.</p><p> </p><p>Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at:</p><p> </p><p><a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a></p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-11-12T17:51:57.44Zmore like thismore than 2018-11-12T17:51:57.44Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1536
unstar this property label Biography information for Emily Thornberry more like this
1002088
star this property registered interest false more like this
star this property date less than 2018-11-05more like thismore than 2018-11-05
star this property answering body
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
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Private Rented Housing: Low Incomes 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 Mr Chancellor of the Exchequer, whether his Department has made an assessment of the effect on low-income tenants of landlords adjust their rental prices in relation to section 24 of the Finance (No. 2) Act 2015. more like this
star this property tabling member constituency Nottingham North more like this
star this property tabling member printed
Alex Norris more like this
star this property uin 188265 more like this
star this property answer
answer
unstar this property is ministerial correction false remove filter
star this property date of answer less than 2018-11-12more like thismore than 2018-11-12
star this property answer text <p>The Government estimates that only 1 in 5 landlords would pay more tax as a result of the restrictions to landlords’ finance cost relief, once it is fully implemented. When introduced, the government did not expect this measure to have a significant impact on either house prices or rent levels.</p><p>The restrictions came in to effect in April 2017. The most recent Office for National Statistics (ONS) index of private housing rental prices shows that rental prices increased by 0.9% in the 12 months to September 2018. A year ago (the 12 months to September 2017) the annual rate of growth was 1.6%.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-11-12T17:51:15.863Zmore like thismore than 2018-11-12T17:51:15.863Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4641
unstar this property label Biography information for Alex Norris more like this
1002541
star this property registered interest false more like this
star this property date less than 2018-11-06more like thismore than 2018-11-06
star this property answering body
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
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Sanctions and Anti-money Laundering Act 2018 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 estimate he has made of the money which will accrue to the public purse as a result of the coming into force of the Sanctions and Anti-Money Laundering Act 2018; and for what reason that estimate was not published in the Avoidance and Evasion section of Budget 2018. more like this
star this property tabling member constituency Bishop Auckland more like this
star this property tabling member printed
Helen Goodman more like this
star this property uin 188751 more like this
star this property answer
answer
unstar this property is ministerial correction false remove filter
star this property date of answer less than 2018-11-12more like thismore than 2018-11-12
star this property answer text <p>The Sanctions and Anti-Money Laundering Act 2018 created no new monetary penalties for financial sanctions or anti-money laundering breaches. Any monetary penalties for breaches of financial sanctions imposed using the powers established by the Act will be paid into the Consolidated fund. No estimates have been made of the value of such potential penalties, or any other consequential implications for the public finances.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-11-12T17:37:52.4Zmore like thismore than 2018-11-12T17:37:52.4Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1484
unstar this property label Biography information for Helen Goodman more like this
1003587
star this property registered interest false more like this
star this property date less than 2018-11-09more like thismore than 2018-11-09
star this property answering body
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
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Help to Save 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 steps he is taking to publicise the Help to Save scheme to working families. 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 189603 more like this
star this property answer
answer
unstar this property is ministerial correction false remove filter
star this property date of answer less than 2018-11-14more like thismore than 2018-11-14
star this property answer text <p>The Government launched the Help to Save scheme in September, following a successful trial. Help to Save forms part of the Government’s commitment to supporting people at all income levels and all stages of life to save.</p><p> </p><p>Working families in receipt of working tax credits or Universal Credit will find a link to the Help to Save application site at existing touchpoints they have with Government including the online Tax Credits Service, Universal Credit pages on GOV.UK and through a dedicated section on the site for Northern Ireland residents, NI Direct. In addition, Universal Credit work coaches UK-wide are signposting Help to Save to those who could benefit. Individuals can also go directly to the Help to Save site to apply, or if they don’t have access to the internet they can set up an account by phoning 0300 322 7093.</p><p> </p><p>For the launch the Government used a range of coordinated communications across a variety of channels to target potential savers. It is continuing to work with industry stakeholders and partners in order to further publicise the scheme, as well as using a mix of national, regional and social media.</p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-11-14T15:30:27.037Zmore like thismore than 2018-11-14T15:30:27.037Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1409
unstar this property label Biography information for Mr Gregory Campbell more like this
1003617
star this property registered interest false more like this
star this property date less than 2018-11-09more like thismore than 2018-11-09
star this property answering body
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
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Financial Services: Climate Change 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 discussions he has had with the Governor of the Bank of England on the effect of climate change on the Bank’s ability to preserve macroeconomic stability. more like this
star this property tabling member constituency Hornsey and Wood Green more like this
star this property tabling member printed
Catherine West more like this
star this property uin 189842 more like this
star this property answer
answer
unstar this property is ministerial correction false remove filter
star this property date of answer less than 2018-11-19more like thismore than 2018-11-19
star this property answer text <p>Treasury Ministers have meetings with a variety of public and private organisations, including the Bank of England, as part of the process of policy development.</p><p> </p><p>Details of ministerial meetings with external organisations are published quarterly at: <a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a></p><p> </p><p>Green Finance is an important area of collaboration with the Bank of England, and we welcome the Bank’s recent announcement to set out, for consultation, supervisory expectations for banks and insurers to consider climate risks in their approach.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-11-19T16:00:52.237Zmore like thismore than 2018-11-19T16:00:52.237Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4523
unstar this property label Biography information for Catherine West more like this
1003831
star this property registered interest false more like this
star this property date less than 2018-11-09more like thismore than 2018-11-09
star this property answering body
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
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Developing Countries: Debts 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 issue a response to EDM 158, transparency of developing country debts. more like this
star this property tabling member constituency Glasgow North more like this
star this property tabling member printed
Patrick Grady more like this
star this property uin 189731 more like this
star this property answer
answer
unstar this property is ministerial correction false remove filter
star this property date of answer less than 2018-11-14more like thismore than 2018-11-14
star this property answer text <p>The Government recognises that ensuring debt sustainability and transparency in Low Income Countries (LICs) is important. UK-based lenders are subject to extensive prudential disclosure requirements under UK prudential and accounting law, including for material loans made to foreign Governments, which appropriately reflect firms’ exposures. Compliance with these requirements are independently assessed by the relevant UK regulator during their supervisory activities.</p><p> </p><p>Given the complex international nature of LIC debt, we continue to believe that internationally-agreed assessments and coordinated approaches to tackle debt vulnerability are most effective. The G20 have been supporting work on debt sustainability, including G20 sustainable lending guidelines and voluntary industry-led initiatives to promote debt transparency from private lenders to sovereign nations, especially LICs.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-11-14T17:28:56.23Zmore like thismore than 2018-11-14T17:28:56.23Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4432
unstar this property label Biography information for Patrick Grady more like this
1003843
star this property registered interest false more like this
star this property date less than 2018-11-09more like thismore than 2018-11-09
star this property answering body
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
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Talk Money Week 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 support Talk Money Week which takes place from 12 to 18 November as part of the Financial Capability Strategy for the UK. more like this
star this property tabling member constituency West Lancashire more like this
star this property tabling member printed
Rosie Cooper more like this
star this property uin 189641 more like this
star this property answer
answer
unstar this property is ministerial correction false remove filter
star this property date of answer less than 2018-11-19more like thismore than 2018-11-19
star this property answer text <p>HM Treasury works closely with the Money Advice (MAS), the main organisers of Talk Money Week, on debt advice, financial capability and financial education policy. The Government strongly supports Talk Money Week and I provided the keynote speech at the Talk Money Conference on 14<sup>th</sup> November.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-11-19T15:56:20.193Zmore like thismore than 2018-11-19T15:56:20.193Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1538
unstar this property label Biography information for Rosie Cooper more like this
1005663
star this property registered interest false more like this
star this property date less than 2018-11-12more like thismore than 2018-11-12
star this property answering body
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
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Banks: Iran 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 risk of liability to sanctions by the US of the Society for Worldwide Interbank Financial Telecommunication if it continues to process financial transactions from Iranian banks. more like this
star this property tabling member constituency Islington South and Finsbury more like this
star this property tabling member printed
Emily Thornberry more like this
star this property uin 190393 more like this
star this property answer
answer
unstar this property is ministerial correction false remove filter
star this property date of answer less than 2018-11-19more like thismore than 2018-11-19
star this property answer text <p>The UK fully implements UN, EU and UK domestic sanctions law.</p><p><strong> </strong></p><p>The re-imposition of the US sanctions against Iran may have commercial and legal implications for businesses and individuals dealing with Iran.</p><p><strong> </strong></p><p>It is a commercial decision for businesses, including the Society for Worldwide Interbank Financial Telecommunication, to decide on their own risk appetite and to take into account the costs of managing those risks.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-11-19T15:52:02.547Zmore like thismore than 2018-11-19T15:52:02.547Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1536
unstar this property label Biography information for Emily Thornberry more like this