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1122483

	registered interest
	date	23/04/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	European Investment Bank
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to his Department’s Infrastructure Finance Review, what recent progress has been made in establishing the UK’s future relationship with the European Investment Bank Group after the UK has left the EU.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	246517
	answer	answer is ministerial correction date of answer 29/04/2019 answer text <p>The EIB has lent to a range of sectors in the UK, including infrastructure projects and UK businesses. As you may know, the UK will cease to be a member of the EIB Group (consisting of the EIB and EIF) on exit day, as membership is only available to EU member states. Under the terms of the EU Withdrawal Agreement, the UK has secured the return of its €3.5bn capital in the European Investment Bank (EIB) through twelve annual instalments. We have reached a fair settlement with the EU, honouring commitments we made during our period of membership, and have ensured a fair deal for UK tax payers.</p><p> </p><p>Alongside the terms of exit set out in the withdrawal agreement, the Political Declaration, which sets out the framework for the future relationship between the EU and the UK, states that both parties note the UK's intention to explore options for a future relationship with the EIB Group. As we leave the EU, we continue to consider options for our future relationship and discussions on this will form part of the wider negotiations on the future EU-UK relationship.</p><p> </p><p>However, while Government wishes to explore a future relationship with the EIB Group, we recognise the need to be prepared for a range of scenarios. The Government already has a range of existing tools to support infrastructure finance, including the UK Guarantees Scheme and funds that support the development of new technologies including the Digital Infrastructure Investment Fund and Charging Infrastructure Investment Fund. The Infrastructure Finance Review, launched at the Spring Statement, explores future challenges in infrastructure finance, including new technologies, and seeks views on the Government’s existing tools. The review will conclude alongside the National Infrastructure Strategy at the Spending Review later this year. The Government also provides support for business and emerging technologies Research and Development (R&amp;D) through a wide range of measures, including the largest increase in direct public R&amp;D spending in 40 years, R&amp;D tax reliefs, and the £2.5bn British Patient Capital programme, enabling long-term investment in innovative companies.</p><p> </p><p>Government support announced following the Patient Capital Review means that the British Business Bank has the capacity to make venture capital commitments this financial year that would exceed the combined average annual commitments from the European Investment Fund and British Business Bank in the years preceding the UK’s vote to leave the EU. In April, the government made an additional £200m support for venture capital and growth finance available through the British Business Bank to support the financing of smaller businesses.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 246518 246519 246520 246521 question first answered 29/04/2019 16:13:48 answering member 4320 label Biography information for Robert Jenrick
	tabling member	4125 label Biography information for Catherine McKinnell

1122488

	registered interest
	date	23/04/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	European Investment Bank
	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 secure a share of the European Investment Bank’s retained earnings, interest and dividends for the 12-year period over which the UK’s investment capital will be repaid.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	246521
	answer	answer is ministerial correction date of answer 29/04/2019 answer text <p>The EIB has lent to a range of sectors in the UK, including infrastructure projects and UK businesses. As you may know, the UK will cease to be a member of the EIB Group (consisting of the EIB and EIF) on exit day, as membership is only available to EU member states. Under the terms of the EU Withdrawal Agreement, the UK has secured the return of its €3.5bn capital in the European Investment Bank (EIB) through twelve annual instalments. We have reached a fair settlement with the EU, honouring commitments we made during our period of membership, and have ensured a fair deal for UK tax payers.</p><p> </p><p>Alongside the terms of exit set out in the withdrawal agreement, the Political Declaration, which sets out the framework for the future relationship between the EU and the UK, states that both parties note the UK's intention to explore options for a future relationship with the EIB Group. As we leave the EU, we continue to consider options for our future relationship and discussions on this will form part of the wider negotiations on the future EU-UK relationship.</p><p> </p><p>However, while Government wishes to explore a future relationship with the EIB Group, we recognise the need to be prepared for a range of scenarios. The Government already has a range of existing tools to support infrastructure finance, including the UK Guarantees Scheme and funds that support the development of new technologies including the Digital Infrastructure Investment Fund and Charging Infrastructure Investment Fund. The Infrastructure Finance Review, launched at the Spring Statement, explores future challenges in infrastructure finance, including new technologies, and seeks views on the Government’s existing tools. The review will conclude alongside the National Infrastructure Strategy at the Spending Review later this year. The Government also provides support for business and emerging technologies Research and Development (R&amp;D) through a wide range of measures, including the largest increase in direct public R&amp;D spending in 40 years, R&amp;D tax reliefs, and the £2.5bn British Patient Capital programme, enabling long-term investment in innovative companies.</p><p> </p><p>Government support announced following the Patient Capital Review means that the British Business Bank has the capacity to make venture capital commitments this financial year that would exceed the combined average annual commitments from the European Investment Fund and British Business Bank in the years preceding the UK’s vote to leave the EU. In April, the government made an additional £200m support for venture capital and growth finance available through the British Business Bank to support the financing of smaller businesses.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 246517 246518 246519 246520 question first answered 29/04/2019 16:13:48 answering member 4320 label Biography information for Robert Jenrick
	tabling member	4125 label Biography information for Catherine McKinnell

1122486

	registered interest
	date	23/04/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	European Investment Bank
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect of the loss of European Investment Bank funding on (a) emerging technologies and (b) industries which rely heavily on long-term research and development funding.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	246520
	answer	answer is ministerial correction date of answer 29/04/2019 answer text <p>The EIB has lent to a range of sectors in the UK, including infrastructure projects and UK businesses. As you may know, the UK will cease to be a member of the EIB Group (consisting of the EIB and EIF) on exit day, as membership is only available to EU member states. Under the terms of the EU Withdrawal Agreement, the UK has secured the return of its €3.5bn capital in the European Investment Bank (EIB) through twelve annual instalments. We have reached a fair settlement with the EU, honouring commitments we made during our period of membership, and have ensured a fair deal for UK tax payers.</p><p> </p><p>Alongside the terms of exit set out in the withdrawal agreement, the Political Declaration, which sets out the framework for the future relationship between the EU and the UK, states that both parties note the UK's intention to explore options for a future relationship with the EIB Group. As we leave the EU, we continue to consider options for our future relationship and discussions on this will form part of the wider negotiations on the future EU-UK relationship.</p><p> </p><p>However, while Government wishes to explore a future relationship with the EIB Group, we recognise the need to be prepared for a range of scenarios. The Government already has a range of existing tools to support infrastructure finance, including the UK Guarantees Scheme and funds that support the development of new technologies including the Digital Infrastructure Investment Fund and Charging Infrastructure Investment Fund. The Infrastructure Finance Review, launched at the Spring Statement, explores future challenges in infrastructure finance, including new technologies, and seeks views on the Government’s existing tools. The review will conclude alongside the National Infrastructure Strategy at the Spending Review later this year. The Government also provides support for business and emerging technologies Research and Development (R&amp;D) through a wide range of measures, including the largest increase in direct public R&amp;D spending in 40 years, R&amp;D tax reliefs, and the £2.5bn British Patient Capital programme, enabling long-term investment in innovative companies.</p><p> </p><p>Government support announced following the Patient Capital Review means that the British Business Bank has the capacity to make venture capital commitments this financial year that would exceed the combined average annual commitments from the European Investment Fund and British Business Bank in the years preceding the UK’s vote to leave the EU. In April, the government made an additional £200m support for venture capital and growth finance available through the British Business Bank to support the financing of smaller businesses.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 246517 246518 246519 246521 question first answered 29/04/2019 16:13:48 answering member 4320 label Biography information for Robert Jenrick
	tabling member	4125 label Biography information for Catherine McKinnell

1122485

	registered interest
	date	23/04/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	European Investment Bank
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what sectors of the economy are most exposed to the loss of European Investment Bank funding.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	246519
	answer	answer is ministerial correction date of answer 29/04/2019 answer text <p>The EIB has lent to a range of sectors in the UK, including infrastructure projects and UK businesses. As you may know, the UK will cease to be a member of the EIB Group (consisting of the EIB and EIF) on exit day, as membership is only available to EU member states. Under the terms of the EU Withdrawal Agreement, the UK has secured the return of its €3.5bn capital in the European Investment Bank (EIB) through twelve annual instalments. We have reached a fair settlement with the EU, honouring commitments we made during our period of membership, and have ensured a fair deal for UK tax payers.</p><p> </p><p>Alongside the terms of exit set out in the withdrawal agreement, the Political Declaration, which sets out the framework for the future relationship between the EU and the UK, states that both parties note the UK's intention to explore options for a future relationship with the EIB Group. As we leave the EU, we continue to consider options for our future relationship and discussions on this will form part of the wider negotiations on the future EU-UK relationship.</p><p> </p><p>However, while Government wishes to explore a future relationship with the EIB Group, we recognise the need to be prepared for a range of scenarios. The Government already has a range of existing tools to support infrastructure finance, including the UK Guarantees Scheme and funds that support the development of new technologies including the Digital Infrastructure Investment Fund and Charging Infrastructure Investment Fund. The Infrastructure Finance Review, launched at the Spring Statement, explores future challenges in infrastructure finance, including new technologies, and seeks views on the Government’s existing tools. The review will conclude alongside the National Infrastructure Strategy at the Spending Review later this year. The Government also provides support for business and emerging technologies Research and Development (R&amp;D) through a wide range of measures, including the largest increase in direct public R&amp;D spending in 40 years, R&amp;D tax reliefs, and the £2.5bn British Patient Capital programme, enabling long-term investment in innovative companies.</p><p> </p><p>Government support announced following the Patient Capital Review means that the British Business Bank has the capacity to make venture capital commitments this financial year that would exceed the combined average annual commitments from the European Investment Fund and British Business Bank in the years preceding the UK’s vote to leave the EU. In April, the government made an additional £200m support for venture capital and growth finance available through the British Business Bank to support the financing of smaller businesses.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 246517 246518 246520 246521 question first answered 29/04/2019 16:13:48 answering member 4320 label Biography information for Robert Jenrick
	tabling member	4125 label Biography information for Catherine McKinnell

1122484

	registered interest
	date	23/04/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	European Investment Bank
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will list any meetings he and his officials have had to discuss the UK’s future relationship with the European Investment Bank Group after the UK has left the EU.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	246518
	answer	answer is ministerial correction date of answer 29/04/2019 answer text <p>The EIB has lent to a range of sectors in the UK, including infrastructure projects and UK businesses. As you may know, the UK will cease to be a member of the EIB Group (consisting of the EIB and EIF) on exit day, as membership is only available to EU member states. Under the terms of the EU Withdrawal Agreement, the UK has secured the return of its €3.5bn capital in the European Investment Bank (EIB) through twelve annual instalments. We have reached a fair settlement with the EU, honouring commitments we made during our period of membership, and have ensured a fair deal for UK tax payers.</p><p> </p><p>Alongside the terms of exit set out in the withdrawal agreement, the Political Declaration, which sets out the framework for the future relationship between the EU and the UK, states that both parties note the UK's intention to explore options for a future relationship with the EIB Group. As we leave the EU, we continue to consider options for our future relationship and discussions on this will form part of the wider negotiations on the future EU-UK relationship.</p><p> </p><p>However, while Government wishes to explore a future relationship with the EIB Group, we recognise the need to be prepared for a range of scenarios. The Government already has a range of existing tools to support infrastructure finance, including the UK Guarantees Scheme and funds that support the development of new technologies including the Digital Infrastructure Investment Fund and Charging Infrastructure Investment Fund. The Infrastructure Finance Review, launched at the Spring Statement, explores future challenges in infrastructure finance, including new technologies, and seeks views on the Government’s existing tools. The review will conclude alongside the National Infrastructure Strategy at the Spending Review later this year. The Government also provides support for business and emerging technologies Research and Development (R&amp;D) through a wide range of measures, including the largest increase in direct public R&amp;D spending in 40 years, R&amp;D tax reliefs, and the £2.5bn British Patient Capital programme, enabling long-term investment in innovative companies.</p><p> </p><p>Government support announced following the Patient Capital Review means that the British Business Bank has the capacity to make venture capital commitments this financial year that would exceed the combined average annual commitments from the European Investment Fund and British Business Bank in the years preceding the UK’s vote to leave the EU. In April, the government made an additional £200m support for venture capital and growth finance available through the British Business Bank to support the financing of smaller businesses.</p> answering member constituency Newark answering member printed Robert Jenrick grouped question UIN 246517 246519 246520 246521 question first answered 29/04/2019 16:13:48 answering member 4320 label Biography information for Robert Jenrick
	tabling member	4125 label Biography information for Catherine McKinnell

156781

	registered interest
	date	19/11/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Wholesale Trade: Alcoholic Drinks
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, with reference to paragraph 2.140, page 75, of the Budget Report 2014, HC1104, what progress he has made on (a) introducing a registration scheme for alcohol wholesalers by 2016 and (b) requiring traders to take reasonable steps to ensure their customers are legitimate by the end of 2014.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	215325
	answer	answer is ministerial correction date of answer 24/11/2014 answer text <p>The Government is committed to taking decisive action to address alcohol fraud. A number of steps have been taken to reduce tax evasion in this area, including significant investment in enforcement and introduction of a programme of new measures outlined in “<em>Alcohol Fraud: Next Steps”</em> published by the Government in January 2014.</p><p> </p><p> </p><p> </p><p>We announced at Autumn Statement 2013 that the Government intends to introduce a registration scheme for alcohol wholesalers, to reduce the prevalence of alcohol fraud in the wholesale and retail sectors. Since then HMRC has consulted businesses on the operation of a register, and preparations are now advanced to introduce this scheme from the autumn of 2015. The Government will introduce legislative proposals for this scheme at the earliest opportunity.</p><p> </p><p> </p><p> </p><p>The Government introduced a new measure on 1 November 2014 requiring business to undertake reasonable due diligence on their supply-chains and have robust procedures to reduce risks of trading in illicit goods. This currently applies to businesses in the alcohol sector that already hold other forms of excise approval with HMRC, and consideration is being given to applying this to other sectors such as alcohol wholesalers.</p><p> </p><p> </p><p> </p><p>The Joint Alcohol Anti-Fraud Taskforce (JAAT) was also launched in January 2014. This brings together government agencies and the drinks industry in a common objective of developing new ways to reduce alcohol fraud. The taskforce is exploring new technologies, information sharing and more effective collaboration.</p><p> </p><p> </p><p> </p><p>All these measures, in combination with the ongoing enforcement strategy which the Government introduced in 2010-11, are significant steps aimed at reducing the tax gap due to alcohol fraud which remains unacceptably high.</p><p> </p><p> </p><p> </p> answering member constituency Witham answering member printed Priti Patel grouped question UIN 215326 215365 question first answered 24/11/2014 12:42:48 answering member 4066 label Biography information for Priti Patel
	tabling member	4125 label Biography information for Catherine McKinnell

156783

	registered interest
	date	19/11/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Alcoholic Drinks: Excise Duties
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, with reference to pages 31 to 36 of HM Revenue and Customs' publication Measuring tax gaps 2014 edition, October 2014, what steps he has taken to reduce the alcohol tax gap since 2012-13.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	215365
	answer	answer is ministerial correction date of answer 24/11/2014 answer text <p>The Government is committed to taking decisive action to address alcohol fraud. A number of steps have been taken to reduce tax evasion in this area, including significant investment in enforcement and introduction of a programme of new measures outlined in “<em>Alcohol Fraud: Next Steps”</em> published by the Government in January 2014.</p><p> </p><p> </p><p> </p><p>We announced at Autumn Statement 2013 that the Government intends to introduce a registration scheme for alcohol wholesalers, to reduce the prevalence of alcohol fraud in the wholesale and retail sectors. Since then HMRC has consulted businesses on the operation of a register, and preparations are now advanced to introduce this scheme from the autumn of 2015. The Government will introduce legislative proposals for this scheme at the earliest opportunity.</p><p> </p><p> </p><p> </p><p>The Government introduced a new measure on 1 November 2014 requiring business to undertake reasonable due diligence on their supply-chains and have robust procedures to reduce risks of trading in illicit goods. This currently applies to businesses in the alcohol sector that already hold other forms of excise approval with HMRC, and consideration is being given to applying this to other sectors such as alcohol wholesalers.</p><p> </p><p> </p><p> </p><p>The Joint Alcohol Anti-Fraud Taskforce (JAAT) was also launched in January 2014. This brings together government agencies and the drinks industry in a common objective of developing new ways to reduce alcohol fraud. The taskforce is exploring new technologies, information sharing and more effective collaboration.</p><p> </p><p> </p><p> </p><p>All these measures, in combination with the ongoing enforcement strategy which the Government introduced in 2010-11, are significant steps aimed at reducing the tax gap due to alcohol fraud which remains unacceptably high.</p><p> </p><p> </p><p> </p> answering member constituency Witham answering member printed Priti Patel grouped question UIN 215325 215326 question first answered 24/11/2014 12:42:48 answering member 4066 label Biography information for Priti Patel
	tabling member	4125 label Biography information for Catherine McKinnell

156782

	registered interest
	date	19/11/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Wholesale Trade: Alcoholic Drinks
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, with reference to paragraph 2.140, page 75, of the Budget Report 2014, HC1104, whether he expects the registration scheme for alcohol wholesalers to take effect by 2016; and whether he plans to introduce legislative proposals for that scheme in the 2015 Finance Bill.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	215326
	answer	answer is ministerial correction date of answer 24/11/2014 answer text <p>The Government is committed to taking decisive action to address alcohol fraud. A number of steps have been taken to reduce tax evasion in this area, including significant investment in enforcement and introduction of a programme of new measures outlined in “<em>Alcohol Fraud: Next Steps”</em> published by the Government in January 2014.</p><p> </p><p> </p><p> </p><p>We announced at Autumn Statement 2013 that the Government intends to introduce a registration scheme for alcohol wholesalers, to reduce the prevalence of alcohol fraud in the wholesale and retail sectors. Since then HMRC has consulted businesses on the operation of a register, and preparations are now advanced to introduce this scheme from the autumn of 2015. The Government will introduce legislative proposals for this scheme at the earliest opportunity.</p><p> </p><p> </p><p> </p><p>The Government introduced a new measure on 1 November 2014 requiring business to undertake reasonable due diligence on their supply-chains and have robust procedures to reduce risks of trading in illicit goods. This currently applies to businesses in the alcohol sector that already hold other forms of excise approval with HMRC, and consideration is being given to applying this to other sectors such as alcohol wholesalers.</p><p> </p><p> </p><p> </p><p>The Joint Alcohol Anti-Fraud Taskforce (JAAT) was also launched in January 2014. This brings together government agencies and the drinks industry in a common objective of developing new ways to reduce alcohol fraud. The taskforce is exploring new technologies, information sharing and more effective collaboration.</p><p> </p><p> </p><p> </p><p>All these measures, in combination with the ongoing enforcement strategy which the Government introduced in 2010-11, are significant steps aimed at reducing the tax gap due to alcohol fraud which remains unacceptably high.</p><p> </p><p> </p><p> </p> answering member constituency Witham answering member printed Priti Patel grouped question UIN 215325 215365 question first answered 24/11/2014 12:42:48 answering member 4066 label Biography information for Priti Patel
	tabling member	4125 label Biography information for Catherine McKinnell

227722

	registered interest
	date	17/03/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Married People: Tax Allowances
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of the (a) mean and (b) median transfer between married and civil partners under the marriage allowance in 2015-16.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	227760
	answer	answer is ministerial correction date of answer 26/03/2015 answer text <p>Information on transferable tax allowance for married couples and civil partners can be found at: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/293790/TIIN_2518_transferable_tax_allowance_for_married_couples_and_civil_partners.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/293790/TIIN_2518_transferable_tax_allowance_for_married_couples_and_civil_partners.pdf</a>.</p><p> </p> answering member constituency Witham answering member printed Priti Patel question first answered 26/03/2015 09:59:33 answering member 4066 label Biography information for Priti Patel
	tabling member	4125 label Biography information for Catherine McKinnell

156780

	registered interest
	date	19/11/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Tobacco: Smuggling
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, with reference to paragraph 2.144 of the Budget report 2014, when he plans to consult on measures to strengthen the Government's response to tobacco smuggling and improve anti-forestalling controls.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	215150
	answer	answer is ministerial correction date of answer 24/11/2014 answer text <p>On 20 October this year, HMRC published on GOV.UK a consultation document on measures to control the holding and movement of raw tobacco in order to reduce the risk of evasion of excise duty. The consultation closes on 30 January.</p><p> </p><p> </p><p> </p><p>On 23 June, HMRC launched an informal consultation on forestalling restrictions, which closed on 4 August. The consultation was targeted on businesses with a direct interest in forestalling controls and an invitation for other businesses to contribute was published on GOV.UK.</p><p> </p> answering member constituency Witham answering member printed Priti Patel question first answered 24/11/2014 13:50:58 answering member 4066 label Biography information for Priti Patel
	tabling member	4125 label Biography information for Catherine McKinnell