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1506238

	registered interest
	date	08/09/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Zambia: BlackRock
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether he has made an assessment of the implications for his policies of the approach taken by BlackRock to Zambian debt.
	tabling member constituency	Southport
	tabling member printed	Damien Moore
	uin	49771
	answer	answer is ministerial correction date of answer 22/09/2022 answer text <p>Zambia is one of three countries to have requested a debt treatment under the Common Framework. The Common Framework was agreed in November 2020 by the UK, along with the G20 and Paris Club, to help deliver a long-term, sustainable approach for supporting low-income countries to tackle their debt vulnerabilities.</p><p> </p><p>Private sector participation in the Common Framework is critical. Under the terms of the Common Framework, a debtor country that signs an MoU with participating official creditors will be required to seek from all private creditors a treatment at least as favourable. Accordingly, once Zambia signs an MoU for its case it will need to engage its private creditors to ensure their participation on comparable terms.</p><p>The Government routinely engages private sector creditors on international debt issues in a number of fora and will work closely with its international partners to ensure private creditors fully play their part in Zambia’s restructuring.</p><p> </p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 22/09/2022 07:41:44 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4669 label Biography information for Damien Moore

1580267

	registered interest
	date	24/01/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Workplace Pensions: Tax Allowances
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether he has made an assessment of the potential impact of pension allowances on factors that may incentivise doctors to retire early.
	tabling member constituency	South Cambridgeshire
	tabling member printed	Anthony Browne
	uin	131406
	answer	answer is ministerial correction date of answer 30/01/2023 answer text <p>The Government is committed to ensuring that hard-working NHS staff do not find themselves reducing their work commitments due to the interaction between their pay, their pension, and the relevant tax regime. On 22 September, the Government announced it will change elements of the NHS Pension Scheme to help retain doctors, nurses and other senior NHS staff, to increase capacity. These changes include:</p><p> </p><ul><li>Changing pension rules regarding inflation</li><li>Encouraging NHS Trusts to explore local solutions for senior clinicians affected by pension tax charges, such as pension recycling</li><li>Implementing permanent retirement flexibilities and extending existing temporary measures to allow our most experienced staff to return to service or stay in service longer.</li></ul><p> </p><p>The Government keeps under review how to ensure pension allowances do not penalise those making provisions for their retirement.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 30/01/2023 15:44:37 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4801 label Biography information for Anthony Browne

1606060

	registered interest
	date	21/03/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Workplace Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will place in the Library a list of (a) public sector pension schemes and (b) other occupational pension schemes which are treated as a non-registered scheme by HM Revenue & Customs.
	tabling member constituency	East Devon
	tabling member printed	Simon Jupp
	uin	170768
	answer	answer is ministerial correction date of answer 29/03/2023 answer text <p>Under the Commissioners for Revenue and Customs Act 2005 (CRCA), HM Revenue and Customs (HMRC) has a statutory duty of confidentiality to protect the information it holds about taxpayers. As a result, it is not possible to confirm the tax status of individual schemes, but many schemes will have made public statements separate to this.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 29/03/2023 14:56:44 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4862 label Biography information for Simon Jupp

1546621

	registered interest
	date	29/11/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Wealth: North East
	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 impact of the Autumn Statement 2022 on levels of household wealth in the North East.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	98889
	answer	answer is ministerial correction date of answer 05/12/2022 answer text <p>The Distributional Analysis published at Autumn Statement 2022 shows that government decisions made at this fiscal event are progressive: low-income households will receive the largest benefit in cash terms and as a percentage of income, and will on average be net beneficiaries from decisions on tax, welfare and amendments to the Energy Price Guarantee in 2023-24.</p><p> </p><p>The government announced at Autumn Statement an additional £900 Cost of Living Payment in 2023-24, benefitting around 400,000 households in the North East. A further 266,000 households in social rented housing in the North East will benefit from the Social Rent Cap.</p><p> </p><p>In addition, the government will shortly be agreeing an expanded mayoral devolution deal with local authorities in the North East.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 05/12/2022 13:27:00 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4124 label Biography information for Chi Onwurah

1568712

	registered interest
	date	19/01/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Wealth
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to Oxfam's report entitled Survival of the Richest, published on 16 January 2023, whether he has made an assessment of the implications for his policies of the finding that over the last two years the richest 1 per cent of individuals obtained nearly twice as much wealth as the rest of the world put together.
	tabling member constituency	Liverpool, Walton
	tabling member printed	Dan Carden
	uin	127890
	answer	answer is ministerial correction date of answer 26/01/2023 answer text <p>This Government is committed to creating an environment in which high economic growth benefits all.</p><p> </p><p>The UK system is designed to ensure, among other things, that the richest in our society pay their fair share on their wealth and assets.</p><p> </p><p>Distributional analysis to accompany Autumn Statement 2022 can be found on <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1118360/Impact_on_households_-_AS22.pdf" target="_blank">GOV.UK</a>.</p><p> </p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith grouped question UIN 131292 question first answered 26/01/2023 14:07:31 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4651 label Biography information for Dan Carden

1521966

	registered interest
	date	13/10/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Voluntary Contributions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether his Department plans to streamline the process of making voluntary contributions to the Government.
	tabling member constituency	Leeds North West
	tabling member printed	Alex Sobel
	uin	62965
	answer	answer is ministerial correction date of answer 21/10/2022 answer text <p>Individuals can make a voluntary contribution to the Government for the purposes of public spending or reducing the National Debt. Individuals can arrange a direct bank transfer to HM Treasury for donations in general towards public expenditure or can make a contribution to the Donations and Bequests account in the form of cash or UK government securities for reducing the National Debt. There are no plans to change the process for making a voluntary contribution, as it is clearly set out in guidelines published by the Debt Management Office.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 21/10/2022 13:54:10 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4658 label Biography information for Alex Sobel

1521980

	registered interest
	date	13/10/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Voluntary Contributions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will publish the amount the Government received in voluntary contributions via direct bank transfer to the Treasury in the 2021-22 financial year.
	tabling member constituency	Leeds North West
	tabling member printed	Alex Sobel
	uin	62966
	answer	answer is ministerial correction date of answer 21/10/2022 answer text The total amount received from voluntary contributions specifically for the reduction of the national debt is published annually in the annual Report and Accounts of the Commissioners for the Reduction of the National Debt receipts and payments, which can be found on the Debt Management Office’s website. The web link to the publicly available information is provided as follow:<p> </p>https://www.dmo.gov.uk/media/hf5l1t1t/crndrep2022.pdf answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 21/10/2022 13:58:05 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4658 label Biography information for Alex Sobel

1541958

	registered interest
	date	14/11/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Unemployment: National Income
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the potential impact of economic inactivity on national GDP.
	tabling member constituency	Leicester South
	tabling member printed	Jonathan Ashworth
	uin	86493
	answer	answer is ministerial correction date of answer 17/11/2022 answer text <p>In the Autumn Statement on 17 November, the Chancellor set out to the House the Office for Budget Responsibility’s latest economic forecasts. These include forecasts for GDP and take into account recent data on the labour market.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 17/11/2022 13:53:00 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4244 label Biography information for Jonathan Ashworth

1660823

	registered interest
	date	14/09/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Ulster Bank: Loans
	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 reviewing the use of (a) interest rate hedging and (b) swap-like products in connection with fixed rate loans products by Ulster Bank in Northern Ireland.
	tabling member constituency	North Down
	tabling member printed	Stephen Farry
	uin	199685
	answer	answer is ministerial correction date of answer 21/09/2023 answer text <p>In June the High Court granted permission for a legal review of the Financial Conduct Authority’s (FCA’s) handling of the compensation for victims of the mis-selling of Interest Rate Hedging Products (IRHPs). A final hearing is expected to take place in 2024. In the meantime, I hope you can appreciate that it would not be appropriate for the Government to comment on an ongoing legal case.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 21/09/2023 13:52:33 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4856 label Biography information for Stephen Farry

1663356

	registered interest
	date	13/10/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Ulster Bank: Interest Rate Hedging Products
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential merits of providing independent oversight of the review by NatWest into allegations of mis-selling of fixed rate hedging products by Ulster Bank.
	tabling member constituency	North Down
	tabling member printed	Stephen Farry
	uin	201210
	answer	answer is ministerial correction date of answer 18/10/2023 answer text <p>The Government has always been clear that any mis-selling of financial products is completely unacceptable and wrong. However, the allegations of mis-selling of fixed rate hedging or similar products by Ulster Bank are first and foremost a matter for the Financial Conduct Authority (FCA) and it would not be appropriate for the Government to comment at this time.</p><p><strong> </strong></p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 18/10/2023 14:06:45 answering member 4874 label Biography information for Andrew Griffith
	tabling member	4856 label Biography information for Stephen Farry