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1141731
unstar this property registered interest false more like this
star this property date less than 2019-07-24more like thismore than 2019-07-24
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star 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 Help to Buy Scheme: Scotland more like this
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 many people have benefited from the Help to Buy ISA in (a) north east Scotland and (b) West Aberdeenshire and Kincardine; and what the cost to the public purse was of that policy in those areas since the introduction of that scheme. more like this
star this property tabling member constituency West Aberdeenshire and Kincardine more like this
star this property tabling member printed
Andrew Bowie more like this
star this property uin 281795 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 2019-09-05more like thismore than 2019-09-05
star this property answer text We do not hold Help to Buy: ISA data specifically for the North East of Scotland or West Aberdeenshire and Kincardine. However, since the introduction of the scheme, the number of First Time Buyers that have benefitted from the Help to Buy: ISA in Scotland is 20,921, with 629 being in Aberdeenshire. The value of the bonuses paid to help people onto the housing ladder in Scotland is £23,230,645 and of this, £738,986 worth of bonuses were paid in Aberdeenshire.<p> </p>This information is available in the Help to Buy: ISA accompanying tables as of March 2019 available here: <a href="https://www.gov.uk/government/statistics/help-to-buy-isa-scheme-quarterly-statistics-december-2015-to-march-2019" target="_blank">https://www.gov.uk/government/statistics/help-to-buy-isa-scheme-quarterly-statistics-december-2015-to-march-2019</a> more like this
star this property answering member constituency Salisbury remove filter
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-09-05T10:03:31.75Zmore like thismore than 2019-09-05T10:03:31.75Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
4601
star this property label Biography information for Andrew Bowie more like this
1139297
unstar this property registered interest false more like this
star this property date less than 2019-07-16more like thismore than 2019-07-16
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star 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 Financial Services: Islam more like this
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 the Government has made of the potential merits of using sukuk to finance infrastructure projects; and if he will make a statement. more like this
star this property tabling member constituency Kilmarnock and Loudoun more like this
star this property tabling member printed
Alan Brown more like this
star this property uin 277781 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 2019-07-22more like thismore than 2019-07-22
star this property answer text The proceeds from the Sukuk, like the proceeds from the wider gilt programme, flow into the consolidated fund. This is used for general expenditure, including expenditure on infrastructure. The government considers the core gilt program rather than the Sukuk to be the most cost-effective way of raising money for expenditure, including that of infrastructure projects. The main purpose behind the decision to issue a second Sukuk is to reaffirm the government’s commitment to the UK being the Western hub for Islamic finance, whilst also providing high-quality liquid assets to UK-based Islamic banks. more like this
star this property answering member constituency Salisbury remove filter
star this property answering member printed John Glen more like this
star this property grouped question UIN 277616 more like this
star this property question first answered
less than 2019-07-22T14:01:35.743Zmore like thismore than 2019-07-22T14:01:35.743Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
4470
star this property label Biography information for Alan Brown more like this
1139321
unstar this property registered interest false more like this
star this property date less than 2019-07-16more like thismore than 2019-07-16
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star 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 Financial Services: Islam more like this
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 the Government has made of the potential merits of using Islamic financial certificates, sukuk to finance infrastructure projects without adding to Government debt on the public sector balance sheet; and if he will make a statement. more like this
star this property tabling member constituency East Ham more like this
star this property tabling member printed
Stephen Timms more like this
star this property uin 277616 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 2019-07-22more like thismore than 2019-07-22
star this property answer text The proceeds from the Sukuk, like the proceeds from the wider gilt programme, flow into the consolidated fund. This is used for general expenditure, including expenditure on infrastructure. The government considers the core gilt program rather than the Sukuk to be the most cost-effective way of raising money for expenditure, including that of infrastructure projects. The main purpose behind the decision to issue a second Sukuk is to reaffirm the government’s commitment to the UK being the Western hub for Islamic finance, whilst also providing high-quality liquid assets to UK-based Islamic banks. more like this
star this property answering member constituency Salisbury remove filter
star this property answering member printed John Glen more like this
star this property grouped question UIN 277781 more like this
star this property question first answered
less than 2019-07-22T14:01:35.697Zmore like thismore than 2019-07-22T14:01:35.697Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
163
star this property label Biography information for Stephen Timms more like this
1147131
unstar this property registered interest false more like this
star this property date less than 2019-09-30more like thismore than 2019-09-30
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star 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 Thomas Cook: Insolvency more like this
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 30 September 2019 to Question 290754, whether the Government met, held discussions or corresponded with the management of the Royal Bank of Scotland to discuss Thomas Cook UK between 14 September 2019 and the collapse of that company. more like this
star this property tabling member constituency Scunthorpe more like this
star this property tabling member printed
Nic Dakin more like this
star this property uin 292221 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 2019-10-03more like thismore than 2019-10-03
star this property answer text The government has no role in the operational decision making of the Royal Bank of Scotland (RBS). The government manages its shareholding in RBS at arm’s length and on a commercial basis through UK Government Investments Ltd (UKGI). UKGI's role is to manage the investment and not the bank itself. Operational decisions, including relating to commercial lending, are made by RBS.<p> </p><p>Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-giftsand-overseas-travel</p> more like this
star this property answering member constituency Salisbury remove filter
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-10-03T16:18:20.543Zmore like thismore than 2019-10-03T16:18:20.543Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
4056
star this property label Biography information for Nic Dakin more like this
971554
unstar this property registered interest false more like this
star this property date less than 2018-09-11more like thismore than 2018-09-11
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star 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 Economic Growth more like this
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 What steps he is taking to support economic growth. more like this
star this property tabling member constituency Bolton West more like this
star this property tabling member printed
Chris Green more like this
star this property uin 906799 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 2018-09-11more like thismore than 2018-09-11
star this property 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&amp;D tax credits, and cutting corporation tax. more like this
star this property answering member constituency Salisbury remove filter
star this property answering member printed John Glen more like this
star this property question first answered
less than 2018-09-11T16:10:51.883Zmore like thismore than 2018-09-11T16:10:51.883Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
4398
star this property label Biography information for Chris Green more like this
1134219
unstar this property registered interest false more like this
star this property date less than 2019-06-24more like thismore than 2019-06-24
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star 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 Cash Dispensing more like this
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 discussions he has had with UK banks on the costs of running ATMs at their branches. more like this
star this property tabling member constituency Stirling more like this
star this property tabling member printed
Stephen Kerr more like this
star this property uin 268598 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 2019-07-02more like thismore than 2019-07-02
star this property answer text The UK has over 60,000 ATMs, almost all connected to the LINK network. These ATMs are owned and operated by banks and building societies (40%), in addition to independent ATM operators (60%). According to the Access to Cash Review, of the estimated £5bn annual cost of the UK’s cash infrastructure, £1bn of this relates to the running and maintenance of ATMs.<p> </p><p>Regarding specific discussions, Treasury Ministers and Officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: <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> more like this
star this property answering member constituency Salisbury remove filter
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-07-02T14:25:31.277Zmore like thismore than 2019-07-02T14:25:31.277Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
4604
star this property label Biography information for Stephen Kerr more like this
1055812
unstar this property registered interest false more like this
star this property date less than 2019-02-06more like thismore than 2019-02-06
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star 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 Financial Services Ombudsman more like this
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 steps the Government is taking to ensure the effectiveness of the Financial Services Ombudsman. more like this
star this property tabling member constituency Congleton more like this
star this property tabling member printed
Fiona Bruce more like this
star this property uin 217540 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 2019-02-11more like thismore than 2019-02-11
star this property answer text The Government has legislated to ensure the effectiveness of the Financial Ombudsman Service (FOS). Under the Financial Services and Markets Act 2000, the Financial Conduct Authority (FCA) is required to take such steps as are necessary to ensure that the Ombudsman is capable of exercising its functions and is empowered to make rules concerning the FOS. The FCA keeps those rules under review to ensure the continued effectiveness of the FOS. The FCA appoints all of the Non-Executives of the FOS Board (including the Chair, with HM Treasury’s approval). Furthermore, under the Financial Services Act 2012, HMT must lay the FOS’s annual report and accounts before Parliament, the FOS is made subject to statutory NAO audit and must publish reports of determinations. The continued effectiveness of the FOS is a key government priority, which is why on the 6th of February 2019 I visited the FOS to see for myself how it is preparing for the future. more like this
star this property answering member constituency Salisbury remove filter
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-02-11T16:00:47.547Zmore like thismore than 2019-02-11T16:00:47.547Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
3958
star this property label Biography information for Fiona Bruce more like this
1130450
unstar this property registered interest false more like this
star this property date less than 2019-06-06more like thismore than 2019-06-06
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star 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 Cryptocurrencies more like this
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 recent assessment the Government has made of the potential merits of cryptocurrencies as a means of payment. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 261180 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 2019-06-13more like thismore than 2019-06-13
star this property answer text The Government established the Cryptoassets Taskforce – comprised of HM Treasury, the Financial Conduct Authority and the Bank of England – in 2018 to explore the risks and potential benefits of cryptoassets and the underlying distributed ledger technology (DLT). The Taskforce’s final report<sup><sup>[1]</sup></sup> concluded that benefits associated with the use of cryptoassets may arise in the future, but that the most immediate priorities for the authorities are to mitigate the risks posed by cryptoassets to consumers and markets, and to prevent the use of cryptoassets for illicit activity. As part of this, the Government will consult on its approach to cryptoassets this year. In addition, the authorities continue to encourage the responsible development of legitimate DLT and cryptoasset-related activity in the UK.<p> </p><p>[1] Full version of the report is available at: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf</a></p>
star this property answering member constituency Salisbury remove filter
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-06-13T13:40:32.78Zmore like thismore than 2019-06-13T13:40:32.78Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
1586
star this property label Biography information for Adam Afriyie more like this
1109105
unstar this property registered interest false more like this
star this property date less than 2019-04-02more like thismore than 2019-04-02
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star 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 Mortgages more like this
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 steps the Government is taking to encourage greater switching and transparency in the UK mortgage market. more like this
star this property tabling member constituency Stalybridge and Hyde more like this
star this property tabling member printed
Jonathan Reynolds more like this
star this property uin 239957 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 2019-04-10more like thismore than 2019-04-10
star this property answer text The FCA’s final report of the Mortgage Market Study found that there are high levels of consumer engagement, with over three quarters of consumers switching to a new mortgage deal within 6 months of moving onto a reversion rate.<p> </p><p>The Government has worked closely with the FCA to consider how to remove the regulatory barriers that prevent some customers, particularly those with inactive lenders, from accessing better deals. The Government welcomes the FCA’s plans to move the affordability assessment from an absolute test to a relative one. This change removes the regulatory barrier that prevented some customers, who otherwise may have been able to switch, from accessing new mortgage products. The Government also welcomes the industry voluntary agreement covering 95% of the UK mortgage market to help ‘trapped’ customers of active lenders.</p><p> </p><p>Transparency and fairness in the mortgage market is a priority for the Government. The Treasury welcomes and supports the work the FCA are doing to improve this as a result of their findings in the final report of the Mortgage Market Study. The Government will continue to monitor the market and support the FCA when necessary.</p>
star this property answering member constituency Salisbury remove filter
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-04-10T15:24:04.98Zmore like thismore than 2019-04-10T15:24:04.98Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
4119
star this property label Biography information for Jonathan Reynolds more like this
1132602
unstar this property registered interest false more like this
star this property date less than 2019-06-17more like thismore than 2019-06-17
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star 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 Members: Correspondence more like this
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, when he plans to respond to the letter from the hon. Member for Greenwich and Woolwich of 16 April 2019 on Sharia-compliant home purchase plans. more like this
star this property tabling member constituency Greenwich and Woolwich more like this
star this property tabling member printed
Matthew Pennycook more like this
star this property uin 265621 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 2019-06-25more like thismore than 2019-06-25
star this property answer text I replied to the hon. Member on 24 April and a copy has been sent by email. more like this
star this property answering member constituency Salisbury remove filter
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-06-25T10:19:05.387Zmore like thismore than 2019-06-25T10:19:05.387Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
4520
star this property label Biography information for Matthew Pennycook more like this