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173153

	registered interest
	date	12/01/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	World Economic Forum
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, whether the Government plans to provide (a) funding and (b) other support for a reception hosted by HRH The Duke of York at the World Economic Forum to be held in Davos from 21 to 24 January 2015.
	tabling member constituency	Lewes
	tabling member printed	Norman Baker
	uin	220484
	answer	answer is ministerial correction date of answer 19/01/2015 answer text <p>There has never been a cost to HM Government for the reception hosted by HRH The Duke of York at Davos.</p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 19/01/2015 17:43:52 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	28 label Biography information for Norman Baker

169751

	registered interest
	date	11/12/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Travel
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how much his Department has spent on (a) taxis, (b) first class train tickets and (c) business class air travel in each of the last five years.
	tabling member constituency	Manchester Central
	tabling member printed	Lucy Powell
	uin	218484
	answer	answer is ministerial correction date of answer 19/01/2015 answer text <p>There are two publications which are published as part of the Government’s commitment to Transparency which contain information on travel and subsistence for Senior Officials and Ministers.</p><p> </p><p> </p><p> </p><p>These can be found on the Gov.uk website following the links below:</p><p> </p><p> </p><p> </p><p><a href="https://www.gov.uk/government/collections/senior-officials-expenses" target="_blank">https://www.gov.uk/government/collections/senior-officials-expenses</a></p><p> </p><p> </p><p> </p><p><a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a></p><p> </p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 19/01/2015 17:45:57 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	4263 label Biography information for Lucy Powell

173160

	registered interest
	date	12/01/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Mortgages
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what representations he has made to the Financial Policy Committee of the Bank of England and the Financial Conduct Authority on problems faced by mortgage holders wishing to port their mortgage.
	tabling member constituency	Carmarthen East and Dinefwr
	tabling member printed	Jonathan Edwards
	uin	220400
	answer	answer is ministerial correction date of answer 19/01/2015 answer text <p>The new mortgage regulations are the responsibility of the independent Financial Conduct Authority, who are engaging with industry to ensure a common sense approach to their new rules. Treasury officials are in regular contact with counterparts at the Bank of England and the Financial Conduct Authority on a wide range of mortgage issues.</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 19/01/2015 17:42:51 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	3943 label Biography information for Jonathan Edwards

173040

	registered interest
	date	12/01/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Monetary Policy
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what recent discussions his Department has had with the Bank of England on the continuation of quantitative easing.
	tabling member constituency	Easington
	tabling member printed	Grahame M. Morris
	uin	220360
	answer	answer is ministerial correction date of answer 19/01/2015 answer text <p>The UK’s monetary policy framework, set out in the Bank of England Act 1998, gives operational responsibility for monetary policy to the independent Monetary Policy Committee. HM Treasury and the Bank of England have frequent discussions on a wide range of issues on the UK economy.</p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 19/01/2015 17:57:36 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	3973 label Biography information for Grahame Morris

171911

	registered interest
	date	05/01/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Financial Services
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, for what reason the Financial Conduct Authority does not include professional fees when assessing the amount of compensation which should be paid to people who have been mis-sold policies.
	tabling member constituency	Tewkesbury
	tabling member printed	Mr Laurence Robertson
	uin	219747
	answer	answer is ministerial correction date of answer 19/01/2015 answer text <p>The Government has been very clear that the mis-selling of financial products is wrong and it is important that those businesses that have been affected are appropriately compensated.</p><p> </p><p> </p><p> </p><p>The Financial Conduct Authority is an independent regulator and the Government does not have any involvement in how the FCA decides to conduct its investigations.</p><p> </p><p> </p><p> </p><p>In the case of the FCA review into the mis-selling of interest rate hedging products, the decision on whether there should be a separate appeals process was one for the FCA to take.</p><p> </p><p> </p><p> </p><p>It is important to note, however, that the role of the independent reviewer who oversees the review of each case is to ensure that the process is fair and businesses have adequate opportunity to put forward their case.</p><p> </p><p> </p><p> </p><p>Furthermore, eligible businesses with a turnover of less than €2 million and fewer than 10 employees also have recourse to the Financial Ombudsman Service (FOS) if they are not happy with the outcome of their review.</p><p> </p><p> </p><p>Regarding the inclusion of professional fees in compensation packages, the FCA’s view is that redress should be fair and reasonable in the circumstances. This is consistent with the way the FOS awards compensation. As such, it may be appropriate for compensation to include professional fees in some situations</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom grouped question UIN 219734 question first answered 19/01/2015 15:05:10 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	253 label Biography information for Mr Laurence Robertson

171915

	registered interest
	date	05/01/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Financial Conduct Authority
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, if he will introduce an appeals process against Financial Conduct Authority decisions.
	tabling member constituency	Tewkesbury
	tabling member printed	Mr Laurence Robertson
	uin	219734
	answer	answer is ministerial correction date of answer 19/01/2015 answer text <p>The Government has been very clear that the mis-selling of financial products is wrong and it is important that those businesses that have been affected are appropriately compensated.</p><p> </p><p> </p><p> </p><p>The Financial Conduct Authority is an independent regulator and the Government does not have any involvement in how the FCA decides to conduct its investigations.</p><p> </p><p> </p><p> </p><p>In the case of the FCA review into the mis-selling of interest rate hedging products, the decision on whether there should be a separate appeals process was one for the FCA to take.</p><p> </p><p> </p><p> </p><p>It is important to note, however, that the role of the independent reviewer who oversees the review of each case is to ensure that the process is fair and businesses have adequate opportunity to put forward their case.</p><p> </p><p> </p><p> </p><p>Furthermore, eligible businesses with a turnover of less than €2 million and fewer than 10 employees also have recourse to the Financial Ombudsman Service (FOS) if they are not happy with the outcome of their review.</p><p> </p><p> </p><p>Regarding the inclusion of professional fees in compensation packages, the FCA’s view is that redress should be fair and reasonable in the circumstances. This is consistent with the way the FOS awards compensation. As such, it may be appropriate for compensation to include professional fees in some situations</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom grouped question UIN 219747 question first answered 19/01/2015 15:05:09 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	253 label Biography information for Mr Laurence Robertson