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1129665
star this property registered interest false more like this
star this property date less than 2019-06-04more like thismore than 2019-06-04
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading European Investment Bank remove filter
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 is the value was of loans made by the European Investment Bank to (a) Government and (b) UK businesses and organisations in (i) 2015, (ii) 2016, (iii) 2017 and (iv) 2018. more like this
star this property tabling member constituency Carshalton and Wallington more like this
star this property tabling member printed
Tom Brake more like this
star this property uin 259823 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-06-10more like thismore than 2019-06-10
star this property answer text <p>Financial contributions from the European Commission to the UK, as part of Horizon 2020 and broken down by organisation type and calendar year, can be found online at:</p><p><a href="https://webgate.ec.europa.eu/dashboard/sense/app/93297a69-09fd-4ef5-889f-b83c4e21d33e/sheet/a879124b-bfc3-493f-93a9-34f0e7fba124/state/analysis" target="_blank">https://webgate.ec.europa.eu/dashboard/sense/app/93297a69-09fd-4ef5-889f-b83c4e21d33e/sheet/a879124b-bfc3-493f-93a9-34f0e7fba124/state/analysis</a>.</p><p> </p><p>The EIB publishes details of all projects on their website, which can be filtered by country. The EIB do not provide data on the split between the public and private sector. Details can be accessed via the link below :</p><p><a href="http://www.eib.org/projects/loan/list/?region=1&amp;country=GB" target="_blank">http://www.eib.org/projects/loan/list/?region=1&amp;country=GB</a>.</p><p> </p><p>The Government contributes to the EU budget as a whole and not to individual EU programmes, such as Horizon 2020. Therefore, it is not possible to separate UK funding which has been allocated to Horizon 2020. The European Commission does publish details of total annual expenditure on each EU programme which can be found online at: <a href="http://ec.europa.eu/budget/figures/interactive/index_en.cfm" target="_blank">http://ec.europa.eu/budget/figures/interactive/index_en.cfm</a>.</p><p>Further information on the UK’s gross and net contributions to the EU Budget can be found in the European Union Finances 2018 statement, available at:</p><p><a href="https://www.gov.uk/government/statistics/european-union-finances-2018" target="_blank">https://www.gov.uk/government/statistics/european-union-finances-2018</a>.</p><p>The UK does not make an annual contribution to the EIB. Throughout the UK’s membership of the EIB, the UK has made payments totaling c.£1.8bn to the capital of the EIB.</p><p> </p>
star this property answering member constituency Newark remove filter
star this property answering member printed Robert Jenrick more like this
star this property grouped question UIN
259822 more like this
259824 more like this
star this property question first answered
less than 2019-06-10T13:35:44.467Zmore like thismore than 2019-06-10T13:35:44.467Z
unstar this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
151
unstar this property label Biography information for Tom Brake more like this
1122483
star this property registered interest false more like this
star this property date less than 2019-04-23more like thismore than 2019-04-23
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading European Investment Bank remove filter
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, 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. more like this
star this property tabling member constituency Newcastle upon Tyne North more like this
star this property tabling member printed
Catherine McKinnell more like this
star this property uin 246517 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-04-29more like thismore than 2019-04-29
star this property 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>
star this property answering member constituency Newark remove filter
star this property answering member printed Robert Jenrick more like this
star this property grouped question UIN
246518 more like this
246519 more like this
246520 more like this
246521 more like this
star this property question first answered
less than 2019-04-29T16:13:48.227Zmore like thismore than 2019-04-29T16:13:48.227Z
unstar this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
4125
unstar this property label Biography information for Catherine McKinnell more like this
1122484
star this property registered interest false more like this
star this property date less than 2019-04-23more like thismore than 2019-04-23
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading European Investment Bank remove filter
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 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. more like this
star this property tabling member constituency Newcastle upon Tyne North more like this
star this property tabling member printed
Catherine McKinnell more like this
star this property uin 246518 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-04-29more like thismore than 2019-04-29
star this property 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>
star this property answering member constituency Newark remove filter
star this property answering member printed Robert Jenrick more like this
star this property grouped question UIN
246517 more like this
246519 more like this
246520 more like this
246521 more like this
star this property question first answered
less than 2019-04-29T16:13:48.273Zmore like thismore than 2019-04-29T16:13:48.273Z
unstar this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
4125
unstar this property label Biography information for Catherine McKinnell more like this
1122485
star this property registered interest false more like this
star this property date less than 2019-04-23more like thismore than 2019-04-23
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading European Investment Bank remove filter
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 sectors of the economy are most exposed to the loss of European Investment Bank funding. more like this
star this property tabling member constituency Newcastle upon Tyne North more like this
star this property tabling member printed
Catherine McKinnell more like this
star this property uin 246519 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-04-29more like thismore than 2019-04-29
star this property 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>
star this property answering member constituency Newark remove filter
star this property answering member printed Robert Jenrick more like this
star this property grouped question UIN
246517 more like this
246518 more like this
246520 more like this
246521 more like this
star this property question first answered
less than 2019-04-29T16:13:48.333Zmore like thismore than 2019-04-29T16:13:48.333Z
unstar this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
4125
unstar this property label Biography information for Catherine McKinnell more like this
1122486
star this property registered interest false more like this
star this property date less than 2019-04-23more like thismore than 2019-04-23
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading European Investment Bank remove filter
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 loss of European Investment Bank funding on (a) emerging technologies and (b) industries which rely heavily on long-term research and development funding. more like this
star this property tabling member constituency Newcastle upon Tyne North more like this
star this property tabling member printed
Catherine McKinnell more like this
star this property uin 246520 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-04-29more like thismore than 2019-04-29
star this property 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>
star this property answering member constituency Newark remove filter
star this property answering member printed Robert Jenrick more like this
star this property grouped question UIN
246517 more like this
246518 more like this
246519 more like this
246521 more like this
star this property question first answered
less than 2019-04-29T16:13:48.38Zmore like thismore than 2019-04-29T16:13:48.38Z
unstar this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
4125
unstar this property label Biography information for Catherine McKinnell more like this
1122488
star this property registered interest false more like this
star this property date less than 2019-04-23more like thismore than 2019-04-23
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading European Investment Bank remove filter
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 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. more like this
star this property tabling member constituency Newcastle upon Tyne North more like this
star this property tabling member printed
Catherine McKinnell more like this
star this property uin 246521 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-04-29more like thismore than 2019-04-29
star this property 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>
star this property answering member constituency Newark remove filter
star this property answering member printed Robert Jenrick more like this
star this property grouped question UIN
246517 more like this
246518 more like this
246519 more like this
246520 more like this
star this property question first answered
less than 2019-04-29T16:13:48.133Zmore like thismore than 2019-04-29T16:13:48.133Z
unstar this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
4125
unstar this property label Biography information for Catherine McKinnell more like this
992859
star this property registered interest false more like this
star this property date less than 2018-10-22more like thismore than 2018-10-22
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading European Investment Bank remove filter
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, pursuant to the answer of 23 July 2018 to question 165011 on European Investment Bank, what assessment he has made in terms of value of bonds and loans issued or supported, of the expansion of the UK Guarantees Scheme to provide construction guarantees since June 2017. more like this
star this property tabling member constituency Newcastle upon Tyne Central more like this
star this property tabling member printed
Chi Onwurah more like this
star this property uin 182194 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-10-25more like thismore than 2018-10-25
star this property answer text <p>Changes to the value of bonds and loans covered by the UK Guarantees Scheme are announced via Written Ministerial Statement and published on GOV.UK, at the time when new guarantees are issued.</p><p> </p><p>The Infrastructure (Financial Assistance) Act 2012 provides an annual report to Parliament which includes the amounts covered by any guarantees. The last update, for year ending 31 March 2018, was published on 19 July 2018.</p> more like this
star this property answering member constituency Newark remove filter
star this property answering member printed Robert Jenrick more like this
star this property question first answered
less than 2018-10-25T15:15:09.717Zmore like thismore than 2018-10-25T15:15:09.717Z
unstar this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
4124
unstar this property label Biography information for Chi Onwurah more like this
984966
star this property registered interest false more like this
star this property date less than 2018-10-10more like thismore than 2018-10-10
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading European Investment Bank remove filter
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, pursuant to the Answer of 23 July to Question 165011 on European Investment Bank, what the effect of the expansion of the UK Guarantees Scheme to provide construction guarantees has been on the value of bonds and loans that have been (a) issued and (b) supported since June 2017. more like this
star this property tabling member constituency Newcastle upon Tyne Central more like this
star this property tabling member printed
Chi Onwurah more like this
star this property uin 177686 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-10-15more like thismore than 2018-10-15
star this property answer text <p>Changes to the value of bonds and loans covered by the UK Guarantees Scheme are announced via Written Ministerial Statement and published on GOV.UK.</p> more like this
star this property answering member constituency Newark remove filter
star this property answering member printed Robert Jenrick more like this
star this property question first answered
less than 2018-10-15T15:06:18.797Zmore like thismore than 2018-10-15T15:06:18.797Z
unstar this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
4124
unstar this property label Biography information for Chi Onwurah more like this
984968
star this property registered interest false more like this
star this property date less than 2018-10-10more like thismore than 2018-10-10
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading European Investment Bank remove filter
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, pursuant to the Answer of 23 July to Question 165011 on European Investment Bank, what plans he has to replicate the functions of the European Investment Bank in the event that the UK loses access to that bank after the UK leaves the EU. more like this
star this property tabling member constituency Newcastle upon Tyne Central more like this
star this property tabling member printed
Chi Onwurah more like this
star this property uin 177687 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-10-15more like thismore than 2018-10-15
star this property answer text <p>The European Investment Bank, and its offshoot, the European Investment Fund, provide financing for infrastructure investment and growth businesses.</p><p> </p><p>The UK continues to consider it may be in the mutual interest of all sides for the UK to maintain some form of ongoing relationship with the EIB Group after leaving the EU. We will explore these options with the EU as part of the negotiations on the future relationship.</p><p> </p><p>And as the Chancellor said in his Mansion House speech last year, if we do not maintain our relationship with the EIB group, we will be prepared. The government has already taken steps to increase support for infrastructure finance and high-growth businesses, and we will keep that support under review as negotiations progress.</p><p> </p><p>At Autumn Budget 2017 the Chancellor launched the Charging Infrastructure Investment Fund to support the transition to zero emission vehicles, and the British Business Bank was allowed to bring forward some of the £400 million additional investment announced at the 2016 Autumn Statement.</p>
star this property answering member constituency Newark remove filter
star this property answering member printed Robert Jenrick more like this
star this property question first answered
less than 2018-10-15T14:58:17.28Zmore like thismore than 2018-10-15T14:58:17.28Z
unstar this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
4124
unstar this property label Biography information for Chi Onwurah more like this
821573
star this property registered interest false more like this
star this property date less than 2018-01-12more like thismore than 2018-01-12
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar 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 European Investment Bank remove filter
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, how does his Department plan to replace European Investment Bank (EIB) investment in the UK after the UK has left the EU; and what assessment his Department has made of the effect of EIB funding on the UK's green industry. more like this
star this property tabling member constituency Wakefield more like this
star this property tabling member printed
Mary Creagh more like this
star this property uin 122491 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-01-22more like thismore than 2018-01-22
star this property answer text <p>The European Investment Bank, and its offshoot, the European Investment Fund, provide financing for infrastructure investment and growth businesses in a range of sectors including renewable energy.</p><p> </p><p>As set out in the joint report on progress during phase 1 of the negotiations, the government considers that there could be mutual benefit from a continuing arrangement between the UK and the EIB, and wishes to explore these possible arrangements in the second phase of negotiations.</p><p> </p><p>The government is also continuing to take steps to ensure that finance continues to be available for good infrastructure projects and growth businesses: the UK Guarantees Scheme, which gives government support for private infrastructure finance, has been broadened to offer construction guarantees, and at Budget the Chancellor launched the Charging Infrastructure Investment Fund to support the transition to zero emission vehicles.</p> more like this
star this property answering member constituency Newark remove filter
star this property answering member printed Robert Jenrick more like this
star this property question first answered
less than 2018-01-22T15:54:53.54Zmore like thismore than 2018-01-22T15:54:53.54Z
unstar this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
1579
unstar this property label Biography information for Mary Creagh more like this