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971554
registered interest false more like this
date less than 2018-09-11more like thismore than 2018-09-11
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Economic Growth more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text What steps he is taking to support economic growth. more like this
tabling member constituency Bolton West more like this
tabling member printed
Chris Green more like this
uin 906799 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-09-11more like thismore than 2018-09-11
answer text The best way to drive economic growth is to raise productivity. Since 2010, this Government has provided over half a trillion pounds in capital investment, increased investment in skills, and reduced taxes for businesses. Lower taxes provide a strong incentive for businesses to invest in raising their productivity. Tax cuts include reductions to business rates worth over £10bn by 2023, freezing fuel duty for 8 years running, increasing R&D tax credits, and cutting corporation tax. more like this
answering member constituency Salisbury more like this
answering member printed John Glen remove filter
question first answered
less than 2018-09-11T16:10:51.883Zmore like thismore than 2018-09-11T16:10:51.883Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4398
label Biography information for Chris Green more like this
885141
registered interest false more like this
date less than 2018-04-17more like thismore than 2018-04-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Business: Government Assistance more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text What steps he is taking to support businesses and strengthen the market economy. more like this
tabling member constituency Witney more like this
tabling member printed
Robert Courts more like this
uin 904792 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-04-17more like thismore than 2018-04-17
answer text <p>This government aims to create an environment to help businesses to succeed. We are keeping taxes low, and ensuring firms can access the skills and support they need.</p><p> </p><p>We have cut corporation tax to 19%, the lowest rate in the G20, and are developing a National Retraining Scheme so we are ready to seize opportunities in the new economy.</p><p> </p><p>It is through measures like these, and the power of a vibrant and competitive market economy, that we will further drive growth and prosperity, encourage innovation and help raise living standards across the UK</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen remove filter
question first answered
less than 2018-04-17T15:01:39.553Zmore like thismore than 2018-04-17T15:01:39.553Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4589
label Biography information for Robert Courts more like this
971556
registered interest false more like this
date less than 2018-09-11more like thismore than 2018-09-11
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading EU Budget more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text What steps he is taking to reduce the total net annual financial outflow from the UK to the EU; and if he will make a statement. more like this
tabling member constituency Luton North more like this
tabling member printed
Kelvin Hopkins more like this
uin 906801 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-09-11more like thismore than 2018-09-11
answer text <p>The UK and the EU reached an agreement in principle, in December 2017, on the financial settlement for the UK’s withdrawal from the EU. This was set out in the Joint Report on progress during Phase 1 of the negotiations. These principles will become legally binding through a Withdrawal Agreement as set out in the Government’s White Paper on legislating for the Withdrawal Agreement, published in July this year.</p><p> </p><p>Post-exit, decisions on spending will be made based on domestic priorities, considering the economic environment, the fiscal position and the negotiated outcome.</p><p> </p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen remove filter
question first answered
less than 2018-09-11T16:17:09Zmore like thismore than 2018-09-11T16:17:09Z
answering member
4051
label Biography information for John Glen more like this
tabling member
2
label Biography information for Kelvin Hopkins more like this
1136092
registered interest false more like this
date less than 2019-07-02more like thismore than 2019-07-02
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Personal Savings more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text What steps he is taking to increase incentives for people to save. more like this
tabling member constituency New Forest West more like this
tabling member printed
Sir Desmond Swayne more like this
uin 911692 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-02more like thismore than 2019-07-02
answer text <p>The Government has introduced a range of measures to support savers.</p><p>We have increased the amount of money that people can save into their ISAs each year to a record £20,000 and introduced a Personal Savings Allowance of up to £1,000 for basic rate taxpayers and up to £500 for higher rate taxpayers.</p><p>Thanks to these measures, over 95% of people with savings income pay no tax on that income.</p><p> </p><p>The new Help to Save scheme is supporting working families on low incomes to build up a rainy-day fund by offering a 50% bonus on up to £50 of monthly saving.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen remove filter
question first answered
less than 2019-07-02T14:13:36.56Zmore like thismore than 2019-07-02T14:13:36.56Z
answering member
4051
label Biography information for John Glen more like this
tabling member
55
label Biography information for Sir Desmond Swayne more like this
1136090
registered interest false more like this
date less than 2019-07-02more like thismore than 2019-07-02
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Economic Situation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text What recent assessment his Department has made of the short-term economic effect of the UK leaving the EU without a deal. more like this
tabling member constituency Bethnal Green and Bow more like this
tabling member printed
Rushanara Ali more like this
uin 911690 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-02more like thismore than 2019-07-02
answer text <p>The Government has prepared extensively for a range of Brexit scenarios.</p><p> </p><p>But even with these preparations, leaving with “No Deal” would entail significant disruption in the short term. And in the long-term, the government’s analysis shows clearly that regions, nations and sectors of the UK would have lower economic output compared to today’s arrangements.</p><p> </p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen remove filter
question first answered
less than 2019-07-02T14:11:29.8Zmore like thismore than 2019-07-02T14:11:29.8Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4138
label Biography information for Rushanara Ali more like this
1023107
registered interest false more like this
date less than 2018-12-11more like thismore than 2018-12-11
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Credit Unions more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text What further steps he plans to take to support credit unions. more like this
tabling member constituency Harrow West more like this
tabling member printed
Gareth Thomas more like this
uin 908141 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-12-11more like thismore than 2018-12-11
answer text <p>The government remains committed to supporting credit unions, which provide vital services to local communities.</p><p> </p><p>At Autumn Budget 2018, the Chancellor announced a package of measures to support the social and community lending sector, including credit unions.</p><p> </p><p>This includes a prize-linked savings scheme for credit unions, simplifying regulation to make it easier for Registered Social Landlords to refer to credit unions, and a challenge fund to create technological solutions for credit unions and Community Development Finance Institutions.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen remove filter
question first answered
less than 2018-12-11T17:04:01.087Zmore like thismore than 2018-12-11T17:04:01.087Z
answering member
4051
label Biography information for John Glen more like this
tabling member
177
label Biography information for Gareth Thomas more like this
885144
registered interest false more like this
date less than 2018-04-17more like thismore than 2018-04-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Average Earnings more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text What assessment his Department has made of the effect on working people of the increase in real wages projected by the Office for Budget Responsibility. more like this
tabling member constituency Nuneaton more like this
tabling member printed
Mr Marcus Jones more like this
uin 904797 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-04-17more like thismore than 2018-04-17
answer text <p>The Government welcome the fact that the OBR forecast real wages to increase in 2018, and to continue growing in every year of this parliament.</p><p> </p><p>The Government is taking action to support incomes by increasing the National Living Wage, raising the personal allowance and freezing fuel duty.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen remove filter
question first answered
less than 2018-04-17T14:57:41.583Zmore like thismore than 2018-04-17T14:57:41.583Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4024
label Biography information for Mr Marcus Jones more like this
971557
registered interest false more like this
date less than 2018-09-11more like thismore than 2018-09-11
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Financial Services: Technology more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text What assessment he has made of the potential contribution of FinTech to the economy. more like this
tabling member constituency East Renfrewshire more like this
tabling member printed
Paul Masterton more like this
uin 906802 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-09-11more like thismore than 2018-09-11
answer text Fintech contributes more than £6bn to the economy annually, employing 60,000 people across 1,600 companies. more like this
answering member constituency Salisbury more like this
answering member printed John Glen remove filter
question first answered
less than 2018-09-11T16:12:34.873Zmore like thismore than 2018-09-11T16:12:34.873Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4625
label Biography information for Paul Masterton more like this
1002088
registered interest false more like this
date less than 2018-11-05more like thismore than 2018-11-05
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Private Rented Housing: Low Incomes more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Mr Chancellor of the Exchequer, whether his Department has made an assessment of the effect on low-income tenants of landlords adjust their rental prices in relation to section 24 of the Finance (No. 2) Act 2015. more like this
tabling member constituency Nottingham North more like this
tabling member printed
Alex Norris more like this
uin 188265 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-12more like thismore than 2018-11-12
answer text <p>The Government estimates that only 1 in 5 landlords would pay more tax as a result of the restrictions to landlords’ finance cost relief, once it is fully implemented. When introduced, the government did not expect this measure to have a significant impact on either house prices or rent levels.</p><p>The restrictions came in to effect in April 2017. The most recent Office for National Statistics (ONS) index of private housing rental prices shows that rental prices increased by 0.9% in the 12 months to September 2018. A year ago (the 12 months to September 2017) the annual rate of growth was 1.6%.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen remove filter
question first answered
less than 2018-11-12T17:51:15.863Zmore like thismore than 2018-11-12T17:51:15.863Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4641
label Biography information for Alex Norris more like this
861107
registered interest false more like this
date less than 2018-03-13more like thismore than 2018-03-13
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Shareholders: Sanctions more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Mr Chancellor of the Exchequer, what steps she is taking to ensure that funds raised by foreign companies through initial public offerings in London do not finance companies under US and EU sanctions; and if she will make a statement. more like this
tabling member constituency Hemel Hempstead more like this
tabling member printed
Sir Mike Penning more like this
uin 132256 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-16more like thismore than 2018-03-16
answer text <p>The Financial Conduct Authority (FCA) is the competent authority responsible for the UK initial public offering (IPO) process. Companies seeking to admit securities to the Official List must apply to the UK Listing Authority (UKLA), a division of the Financial Conduct Authority.</p><p> </p><p>The UKLA is responsible for assessing the eligibility of any potential issuer and approving the prospectus of any company that wishes to list its securities on the London Stock Exchange. The UKLA can request advice from the Office of Financial Sanctions (OFSI), which is part of HM Treasury, in relation to UN, UK or EU sanctions but responsibility for the admission of companies to the Official List lies with the UKLA.</p><p> </p><p>OFSI assesses all reported suspected breaches of UN, EU or UK financial sanctions to determine whether a breach has occurred and if so, the extent of any breach before taking action. OFSI refers the most serious cases to the National Crime Agency (&quot;NCA&quot;) for criminal investigation.</p><p> </p><p>The Office of Foreign Assets Control (OFAC) of the US Treasury Department enforces US economic and trade sanctions. OFSI regularly engages with OFAC on financial sanctions but OFSI has no role in ensuring compliance with or enforcement with US sanctions.</p><p> </p>
answering member constituency Salisbury more like this
answering member printed John Glen remove filter
question first answered
less than 2018-03-16T13:14:28.73Zmore like thismore than 2018-03-16T13:14:28.73Z
answering member
4051
label Biography information for John Glen more like this
tabling member
1528
label Biography information for Sir Mike Penning more like this