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1237341
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-09-24more like thismore than 2020-09-24
star this property answer text <p>This Government is committed to building back better and investing in the green infrastructure that will help us to achieve our climate change objectives and level up the country. At the Plan for Jobs 2020, the Government announced an ambitious £3.05 billion package including the Green Homes Grant, designed to aid homeowners and landlords retrofit to upgrade the energy and cost efficiency of their homes. At Spring Budget 2020 the Government announced at least £800 million to support Carbon Capture and Storage (CCS) in two initial industrial clusters, the first by the mid-2020s and the second by 2030. CCS has the potential to reduce carbon emissions from power plants and factories. And on Tuesday (22 September), Dogger Bank Wind Farm announced the creation of almost 250 jobs in the North East on a project that will be capable of powering up to 4.5m homes when complete.</p><p> </p><p>Our upcoming National Infrastructure Strategy will set out our long-term economic infrastructure ambitions, focusing on decarbonisation and levelling up the nation.</p><p> </p><p>The UK is a global centre for sustainable finance with an established reputation in green finance and a frontrunner in the structuring, underwriting, and listing of green bonds, with more than 100 bonds listed on the London Stock Exchange, raising over $26 billion across eight currencies</p><p> </p><p>The government has been carefully considering the potential issuance of a UK sovereign green bond and will keep this under review. The government remains open to the introduction of new debt instruments, but would need to be satisfied that any new instrument would meet value-for-money criteria, enjoy strong and sustained demand in the long term and be consistent with wider fiscal objectives.</p>
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 91742 more like this
star this property question first answered
less than 2020-09-24T09:16:48.077Zmore like thismore than 2020-09-24T09:16:48.077Z
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
1417738
star this property registered interest false more like this
star this property date less than 2022-01-28more like thismore than 2022-01-28
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 Business: Coronavirus 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 officials in his Department worked on preventing fraud in the coronavirus business support schemes in each month since April 2020. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 113840 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 2022-02-02more like thismore than 2022-02-02
star this property answer text <p>HM Treasury takes a flexible and dynamic approach to resourcing to meet Government priorities. We have officials delivering priority work, including on preventing fraud in the COVID-19 business support schemes. However, we do not routinely record the number of civil servants working on individual policy initiatives.</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 2022-02-02T12:17:58.99Zmore like thismore than 2022-02-02T12:17:58.99Z
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1418790
star this property registered interest false more like this
star this property date less than 2022-02-01more like thismore than 2022-02-01
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 Business: Coronavirus 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 and correspondence his Department has had with the National Crime Agency on fraud in the coronavirus business support schemes in the last three months. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 116080 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 2022-02-04more like thismore than 2022-02-04
star this property answer text <p>HMT officials regularly engage with the National Crime Agency to discuss shared policy interests, such as the response to fraud. This includes through the Economic Crime Strategic Board, through which the government, regulators, law enforcement, and industry discuss and drive forward the UK’s overall response to economic crime. The NCA and the Treasury are also members of a monthly cross-government Counter-Fraud Board on Bounce Back Loans.</p><p> </p><p>The government also continues to work actively with the British Business Bank, lenders, and fraud authorities to recover loans obtained fraudulently. This work has been supported by the Cabinet Office Counter Fraud Function to better identify the level and types of fraud against the scheme.</p><p>We are working with enforcement bodies including the National Investigation Service to investigate the most serious cases of fraud and we have always been clear that anyone who defrauds the scheme is at risk of prosecution. The National Investigation Service have recovered £3.1 million so far.</p><p> </p><p>The NCA is an operationally independent agency and has not been prevented from investigating frauds against the Bounce Back Loans scheme or any other Covid-19 support scheme.</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 2022-02-04T14:51:25.337Zmore like thismore than 2022-02-04T14:51:25.337Z
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1441508
star this property registered interest false more like this
star this property date less than 2022-03-15more like thismore than 2022-03-15
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 Sanctions: Russia 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, whether any companies that have been sanctioned by the UK or are owned by people who have been sanctioned by the UK in relation to Russia's invasion of Ukraine received support through the coronavirus job retention scheme; and if he will publish details of these companies. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 140580 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 2022-03-18more like thismore than 2022-03-18
star this property answer text <p>Company details in relation to those that have been sanctioned by the UK that have benefited from the Coronavirus Job Retention Scheme (CJRS) are not available.</p><p> </p><p>However, HM Revenue and Customs (HMRC) published a list of employers that claimed through the CJRS since December 2020, on 16 December 2021, which can be found on gov.uk:</p><p> </p><p><a href="https://www.gov.uk/government/publications/employers-who-have-claimed-through-the-coronavirus-job-retention-scheme" target="_blank">https://www.gov.uk/government/publications/employers-who-have-claimed-through-the-coronavirus-job-retention-scheme</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 2022-03-18T11:53:01.917Zmore like thismore than 2022-03-18T11:53:01.917Z
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1455541
star this property registered interest false more like this
star this property date less than 2022-03-29more like thismore than 2022-03-29
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 Public Sector Fraud Authority 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 his proposed Public Sector Fraud Authority will (a) be established and (b) become operational. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 149422 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 2022-04-19more like thismore than 2022-04-19
star this property answer text <p>The Public Sector Fraud Authority was announced at spring forecast. It will become fully operational later this year. The Authority builds on the government’s existing Counter Fraud Function, which is operational now.</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 2022-04-19T10:59:41.8Zmore like thismore than 2022-04-19T10:59:41.8Z
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1462539
star this property registered interest false more like this
star this property date less than 2022-05-12more like thismore than 2022-05-12
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 Bounce Back Loan Scheme 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, if he will make an estimate of the value of loans issued through the Bounce Back Loan Scheme at risk of being used to fund terrorist organisations. more like this
star this property tabling member constituency Erith and Thamesmead more like this
star this property tabling member printed
Abena Oppong-Asare more like this
star this property uin 1370 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 2022-05-17more like thismore than 2022-05-17
star this property answer text <p>Bounce Back Loans were offered by accredited lenders who were required to carry out appropriate anti-money laundering and know-your-customer checks on applications.</p><p> </p><p>In the event that lenders have concerns in regard to a loan already issued, they are responsible for recovering funds or referring the organisations to law enforcement agencies for investigation and recovery. In order to support these efforts, at Spring Statement the government provided £13.2m additional funding for the National Investigation Service to investigate fraud and financial crime against the scheme.</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 2022-05-17T15:01:30.533Zmore like thismore than 2022-05-17T15:01:30.533Z
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4820
unstar this property label Biography information for Abena Oppong-Asare more like this
1130449
star 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
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 Bank Services: Standards 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 key performance indicators his Department uses to assess the performance of Open Banking; and what recent assessment he has made of the performance of Open Banking. 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 261179 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 <p>The independent Open Banking Implementation Entity (OBIE) is responsible for assessing the performance of Open Banking, and HM Treasury’s view is informed by their assessment.</p><p> </p><p>The OBIE’s latest published assessment of Open Banking performance, made in March 2019, shows that in that month the average availability of Open Banking APIs was 97%, the average response time was 798 milliseconds, and that 38.2 million successful API calls had been made, representing over 97% of the total number of calls made to APIs.</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 2019-06-13T13:36:10.54Zmore like thismore than 2019-06-13T13:36:10.54Z
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this
1130450
star 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
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 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
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this
1173415
star this property registered interest false more like this
star this property date less than 2020-01-27more like thismore than 2020-01-27
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 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 progress he has made on creating an economic environment in which digital currencies can be developed. 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 8202 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 2020-02-04more like thismore than 2020-02-04
star this property answer text <p>The UK’s approach to cryptoassets was outlined in the 2018 Cryptoassets Taskforce report, and in July last year the FCA set out its position in relation to the regulatory perimeter in this space. The government and regulators have since taken steps to continue encouraging responsible innovation in this area, while also mitigating risks to consumers and markets.</p><p>For instance, this January the Treasury transposed the cryptoasset provisions set out in the EU Fifth Anti-Money Laundering Directive (5MLD). This will combat the risk of cryptoassets being used for illicit activity, in support of the government’s aims for the sector.</p><p>More broadly, the government is committed to creating an environment where tech businesses can thrive by investing in areas such as talent, cutting-edge research and growth finance. Venture capital investment in the UK tech sector grew by 44 per cent in 2019, from £7.1bn to £10.1bn. This was a faster growth rate than both the US and China.</p><p>The financial regulators continue to provide a platform that facilitates innovation in this space. For example, the Financial Conduct Authority has accepted a significant number of DLT-based projects into its Regulatory Sandbox to help enable the adoption of this technology to deliver better financial services with appropriate consumer safeguards.</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 2020-02-04T11:51:13.27Zmore like thismore than 2020-02-04T11:51:13.27Z
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this
1247846
star this property registered interest false more like this
star this property date less than 2020-11-02more like thismore than 2020-11-02
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 Financial Services: Coronavirus 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, whether he has made an assessment of the viability of using more FinTech platforms to distribute Government-backed financial loans and support packages alongside established high-street banks and lenders. 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 110103 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 2020-11-09more like thismore than 2020-11-09
star this property answer text <p>The UK is home to a world-leading Fintech sector and an impressive amount of talent and expertise in this area. The government knows that Fintech firms play an important role in the lending market, especially for smaller businesses.</p><p> </p><p>I am grateful for the way the sector has responded to the current crisis by identifying opportunities where technology may support the Government’s response.</p><p> </p><p>The British Business Bank (BBB) has so far accredited 28 Bounce Back Loan Scheme (BBLS) lenders, including several non-banks and alternative lenders. In addition, the BBB has in excess of 100 accredited lenders for the Coronavirus Business Interruption Loan Scheme (CBILS) and this includes several UK Fintechs.</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 2020-11-09T08:35:19.837Zmore like thismore than 2020-11-09T08:35:19.837Z
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this