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1147740

	registered interest
	date	02/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Treasury: Brexit
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how much his Department budgeted to support (a) other Government departments and (b) the Government’s arms-length agencies in preparation for the UK leaving the EU without a deal in each financial year since 2016-17.
	tabling member constituency	York Central
	tabling member printed	Rachael Maskell
	uin	293645
	answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>The government has provided: over £4.2bn of additional funding from 2016 to the present financial year (2019-20) for departments and devolved administrations to prepare for all EU exit scenarios (a breakdown of these allocations can be found in Table E.6 (page 77) of HM Treasury’s 2018 Annual Statement on European Finances); a further £2bn for the 2020-21 financial year, announced at Spending Round 2019.</p><p> </p><p>For no-deal preparations specifically the Chancellor also: made £2.1bn available on 1 August 2019 for this financial year (2019-20); confirmed the HMG Guarantee on 30 September 2019, which would apply if the UK leaves the EU without a deal and should the EU cease to fund UK organisations after EU exit. This guarantee relates to UK organisations in receipt of certain EU programme funding. The total amount expected to be covered by the guarantee would be £4.3bn for this financial year.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 12:53:18 answering member 4483 label Biography information for Rishi Sunak
	tabling member	4471 label Biography information for Rachael Maskell

1147741

	registered interest
	date	02/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	UK Debt Management Office
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how much the UK Debt Management Office has loaned to (a) the City of York local authority, (b) local authorities in Yorkshire and the Humber and (c) local authorities in the UK in each year since 2010-11; and how much has been repaid to date.
	tabling member constituency	York Central
	tabling member printed	Rachael Maskell
	uin	293646
	answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>The UK Debt Management Office runs the day-to-day-operations of the Public Works Loan Board on behalf of the Public Works Loan Commissioners.</p><p>The following table details the amount the Public Works Loan Board has loaned to the City of York, Local authorities in Yorkshire and Humber, and Local Authorities in the UK, by year, in millions of pounds.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><table><tbody><tr><td><p><em>£ millions</em></p></td><td><p>2010-11</p></td><td><p>2011-12</p></td><td><p>2012-13</p></td><td><p>2013-14</p></td><td><p>2014-15</p></td><td><p>2015-16</p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td><td><p>2019-20 (Apr-Sept)</p></td></tr><tr><td><p>City of York local authority</p></td><td><p>14</p></td><td><p>133.55</p></td><td><p>0</p></td><td><p>0</p></td><td><p>15</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td></tr><tr><td><p>Local authorities in Yorkshire and the Humber</p></td><td><p>260.49</p></td><td><p>804.13</p></td><td><p>249.66</p></td><td><p>74.3</p></td><td><p>54.709</p></td><td><p>263.78</p></td><td><p>202.1</p></td><td><p>274.406</p></td><td><p>505.4</p></td><td><p>476</p></td></tr><tr><td><p>Local authorities in the UK</p></td><td><p>5,255</p></td><td><p>16,110</p></td><td><p>3,159</p></td><td><p>1,624</p></td><td><p>2,587</p></td><td><p>3,021</p></td><td><p>3,634</p></td><td><p>5,162</p></td><td><p>9,131</p></td><td><p>6,363</p></td></tr></tbody></table><p> </p><p>Of the loans advanced UK-wide since April 2010, the total amount of principal repaid to date is £3,653 million.</p> answering member constituency Salisbury answering member printed John Glen question first answered 07/10/2019 14:10:47 answering member 4051 label Biography information for John Glen
	tabling member	4471 label Biography information for Rachael Maskell

1147742

	registered interest
	date	02/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Women in Finance Charter
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many organisations in (a) Yorkshire and the Humber, (b) London and (c) the UK have signed up to the Women in Finance Charter; and how many workers in each such area are covered under that Charter.
	tabling member constituency	York Central
	tabling member printed	Rachael Maskell
	uin	293647
	answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>HM Treasury’s Women in Finance Charter reflects our ambition to see an improved gender balance in the financial services industry. Charter signatories have committed to implement strategic actions to improve their gender balance at a senior level.</p><p> </p><p>To date, over 350 financial services firms have signed the Charter, covering over 800,000 people. Of these, around two thirds of signatories have headquarters in London and around one third have headquarters elsewhere in the UK.</p><p> </p><p>We only hold information on the location of each signatory’s headquarters and so we are unable to provide an estimate of how many workers in each area are covered by the Charter. For example, some of the signatory organisations headquartered in London will have locations in other areas of the country. Of the over 1 million people employed in the financial and insurance sector in the UK, 63% work outside London.</p><p> </p><p>Our second annual review of the Women in Finance Charter was published on 14 March 2019 and demonstrated that 72% of signatories had increased the proportion of women in senior management over that period. Firms who have been signed up for two years made more progress in the second year than in the first. We are in the process of gathering data for the third annual review which I hope will show further progress.</p> answering member constituency Salisbury answering member printed John Glen question first answered 07/10/2019 14:11:20 answering member 4051 label Biography information for John Glen
	tabling member	4471 label Biography information for Rachael Maskell

1147743

	registered interest
	date	02/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Economic Situation
	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 economic effect of the UK leaving the EU without a deal; and whether that assessment has changed compared with assessments made before 29 March 2019.
	tabling member constituency	York Central
	tabling member printed	Rachael Maskell
	uin	293648
	answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>We would prefer to leave with a deal, and we continue to work in an energetic and determined way to get that better deal.</p><p> </p><p>The Government is turbocharging preparations to ensure we are ready to leave with or without a deal on 31 October, and all necessary funds will be made available.</p><p> </p><p>The fundamentals of the British economy are strong – real wages are growing; employment is at a record high and the unemployment rate is at a historic low.</p><p> </p><p>Short-term forecasting is undertaken by the Office for Budget Responsibility in line with its statutory duty. In line with its remit, the OBR’s forecasts include the economic and fiscal impact of government policy on EU exit where the effects can be quantified with reasonable accuracy.</p><p> </p><p>The Bank of England has provided analysis of the EU exit impacts on the UK economy consistent with its responsibilities on monetary policy.</p><p><strong> </strong></p><p><strong> </strong></p> answering member constituency Salisbury answering member printed John Glen question first answered 07/10/2019 14:08:05 answering member 4051 label Biography information for John Glen
	tabling member	4471 label Biography information for Rachael Maskell

1148024

	registered interest
	date	02/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Banks
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many retail bank branches there are per head of population.
	tabling member constituency	Woking
	tabling member printed	Mr Jonathan Lord
	uin	293551
	answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>HM Treasury does not hold this information. However, the House of Commons Library published a report on ‘Bank branch and ATM statistics’ on 17 May 2019 which includes helpful information on this topic, based on ONS data.</p> answering member constituency Salisbury answering member printed John Glen question first answered 07/10/2019 14:03:01 answering member 4051 label Biography information for John Glen
	tabling member	4090 label Biography information for Mr Jonathan Lord

1148155

	registered interest
	date	03/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Motor Vehicles: Insurance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what discussions he has had with the Financial Conduct Authority on the cost to consumers of private motor insurance auto-renewals.
	tabling member constituency	Woking
	tabling member printed	Mr Jonathan Lord
	uin	294164
	answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>The FCA has published this month its interim report into General Insurance Pricing Practices. Consumers should always be able to get a fair deal and it is vital that the FCA comes to a solution that will achieve this important outcome as quickly as possible.</p><p> </p><p>It is for regulators to determine the powers they use to address problems in the markets they regulate. If needed, the Government has committed to legislate to give regulators new powers to stop loyal customers being taken advantage of.</p> answering member constituency Salisbury answering member printed John Glen question first answered 07/10/2019 13:50:32 answering member 4051 label Biography information for John Glen
	tabling member	4090 label Biography information for Mr Jonathan Lord

1148138

	registered interest
	date	03/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Minimum Wage
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will increase the minimum wage to £10.50 in the next Budget.
	tabling member constituency	Warrington South
	tabling member printed	Faisal Rashid
	uin	294237
	answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>Both the National Living Wage and the National Minimum Wage rates for younger workers and apprentices saw above inflation increases in April. The National Living Wage is currently on target to reach 60 per cent of median hourly earnings in 2020, subject to sustained economic growth. The independent Low Pay Commission will recommend next year’s rates to us later this month, and we will announce the rates at the next Budget.</p><p> </p><p>The Chancellor has also announced his intention to increase the National Living Wage to two-thirds of median hourly earnings within five years. He will confirm this at the next Budget.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 14:19:20 answering member 4483 label Biography information for Rishi Sunak
	tabling member	4670 label Biography information for Faisal Rashid

1147572

	registered interest
	date	01/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Insurance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of to Question 291263, what steps (a) his Department and (b) the FCA have taken to ensure that insurers are aware of their responsibility to inform consumers of changes to the way their policies are serviced in the event that the UK leaves the EU without a deal.
	tabling member constituency	Vale of Clwyd
	tabling member printed	Chris Ruane
	uin	292844
	answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>HMT has been assessing the risk that a small minority of insurance payments from UK insurers into the EU may be delayed. While HMT is responsible for setting the policy direction, it is the role of the independent regulator – the Financial Conduct Authority (FCA) – to engage with industry and test firm planning.</p><p> </p><p>The FCA has made it clear to insurers and insurance intermediaries that they should have appropriate plans in place to manage a no-deal exit, this should include plans to communicate with consumers should there be a change in the way their policy is serviced. The FCA expects firms to continue to service all their customers as fully and fairly as the law permits, including what regulatory protections will apply for their customers. The FCA has delivered these messages through a combination of direct contact with firms, senior leadership speeches, dedicated Brexit pages on its website, and trade association events.</p><p><strong> </strong></p> answering member constituency Salisbury answering member printed John Glen question first answered 07/10/2019 13:47:45 answering member 4051 label Biography information for John Glen
	tabling member	534 label Biography information for Chris Ruane

1147563

	registered interest
	date	01/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Business
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what estimate he has made of the cost to the public purse of Operation Kingfisher's (a) bailout fund and (b) administration.
	tabling member constituency	Oxford West and Abingdon
	tabling member printed	Layla Moran
	uin	292987
	answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>We continue to monitor and work closely with businesses across the country to help ensure they are fully prepared for when the UK leaves the EU.</p><p> </p><p>As such, the government has already made over £6.3bn available to prepare for EU exit. This includes £2 billion of core funding for departments for Brexit in 2020-21, which was confirmed in the recent Spending Round.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 12:49:40 answering member 4483 label Biography information for Rishi Sunak
	tabling member	4656 label Biography information for Layla Moran

1147859

	registered interest
	date	02/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Bank Services
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps the Government is taking to tackle the incorrect filing of dormant accounts.
	tabling member constituency	Oxford East
	tabling member printed	Anneliese Dodds
	uin	293713
	answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>HMRC use data analytics tools to identify companies which have submitted a company tax return including dormant accounts when HMRC hold information to suggest company activity during the return period. Any companies identified will normally be subject to an enquiry.</p><p> </p><p>Under the auspices of the Digital Economy Act 2017 HMRC also use their data analytics tools to identify companies which appear to have incorrectly submitted dormant accounts to Companies House. Details of these companies are passed to Companies House so that they can take appropriate action.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 07/10/2019 13:59:31 answering member 3991 label Biography information for Jesse Norman
	tabling member	4657 label Biography information for Anneliese Dodds