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759194

	registered interest
	date	11/09/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Economic Situation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the potential effect on the country's gross domestic product of the UK leaving the EU without a deal.
	tabling member constituency	Strangford
	tabling member printed	Jim Shannon
	uin	10008
	answer	answer is ministerial correction date of answer 19/09/2017 answer text <p>Government has undertaken a significant amount of work to assess the economic impacts of leaving the EU. This is part of our continued programme of rigorous and extensive analytical work on a range of scenarios on a sector by sector basis.</p><p> </p><p>All departments need to prepare not just for a negotiated settlement, but also for the no deal scenario. We are confident that we will secure a deal, but are prepared should there be no deal.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 19/09/2017 10:22:29 answering member 4095 label Biography information for Steve Barclay
	tabling member	4131 label Biography information for Jim Shannon

732283

	registered interest
	date	23/06/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Insurance: Terrorism
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what steps his Department is taking to ensure that insurance companies pay out compensation due to businesses affected by recent terrorist attacks as quickly as possible.
	tabling member constituency	Bermondsey and Old Southwark
	tabling member printed	Neil Coyle
	uin	1001
	answer	answer is ministerial correction date of answer 28/06/2017 answer text <p>The Government is determined that insurers should treat customers fairly and firms are required to do so under the Financial Conduct Authority (FCA) rules. The FCA sets the conduct standards required of insurance firms which aim to ensure consumers are treated fairly. This includes provisions relating to the handling of claims by insurers. The rules state that insurers must handle claims fairly and promptly; provide reasonable guidance to help a policyholder make a claim, and appropriate information on its progress; not reject a claim unreasonably; and settle claims promptly once settlement terms are agreed. Furthermore, through the Enterprise Act 2016, the Government introduced a legal requirement for claims to be made within a reasonable timescale, and created an entitlement to damages where claims are paid late.</p><p> </p><p>Following discussions with the Metropolitan Police, the Treasury has formally certified the London Bridge attack as an act of terrorism, following an established legal process. This is a necessary step before any claims can be made on the terrorism reinsurer, Pool Re. The Treasury recognises the urgency of responding to requests for certification and treats this as a matter of priority.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 28/06/2017 16:26:53 answering member 4095 label Biography information for Steve Barclay
	tabling member	4368 label Biography information for Neil Coyle

759630

	registered interest
	date	12/09/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Credit Cards: Debts
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what representations he has received on the practice of credit card lenders targeting individuals who have unaffordable levels of debt.
	tabling member constituency	Hornsey and Wood Green
	tabling member printed	Catherine West
	uin	10027
	answer	answer is ministerial correction date of answer 19/09/2017 answer text <p>Treasury ministers and officials have meetings with a wide variety of organisations in the public and private sector as part of the process of policy development and delivery.</p><p>Regulation of consumer credit, including credit cards, is the responsibility of the Financial Conduct Authority (FCA). The FCA conducted a credit card market study in November 2014 and published its final report in July 2016. Following this, it consulted in April 2017 on proposed remedies to tackle persistent debt in the credit card market. The government will continue to work with the FCA to ensure that customers are treated fairly<strong>.</strong></p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 19/09/2017 10:55:58 answering member 4095 label Biography information for Steve Barclay
	tabling member	4523 label Biography information for Catherine West

759861

	registered interest
	date	12/09/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Balance of Payments
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what steps he is taking to reduce the balance of payments deficit; and if he will make a statement.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	10042
	answer	answer is ministerial correction date of answer 20/09/2017 answer text <p>The current account deficit has widened due to a worsening in investment income, as returns on investments in the UK have been higher than the income earned by the UK on investment abroad. As the world economy recovers the current account deficit should narrow, in line with the Office for Budget Responsibility’s forecast of -2.0% of GDP in 2021<strong>. </strong>The Government is supporting exports through UK Export Finance which has provided £14bn in support for UK exporters in the last five years and <strong>t</strong>he Department for International Trade helping over 2,800 businesses who are new to exporting.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 20/09/2017 13:01:28 answering member 4095 label Biography information for Steve Barclay
	tabling member	1565 label Biography information for Sir Philip Davies

1241395

	registered interest
	date	07/10/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Job Support Scheme: Pre-school Education
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps he is taking to ensure that the job support scheme announced on 24 September 2020 will support early years' providers.
	tabling member constituency	Bristol South
	tabling member printed	Karin Smyth
	uin	100459
	answer	answer is ministerial correction date of answer 12/10/2020 answer text <p>The Job Support Scheme will support businesses facing lower demand over the winter due to Covid-19, keeping their employees attached to the workforce.</p><p> </p><p>The Job Support Scheme can be claimed by all employers with a UK bank account who use a PAYE, regardless of whether they made a previous claim under the Coronavirus Job Retention Scheme.</p><p> </p><p>The government will confirm specific details around eligibility for the Job Support Scheme in guidance, which will be published in due course.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 12/10/2020 11:33:20 answering member 4095 label Biography information for Steve Barclay
	tabling member	4444 label Biography information for Karin Smyth

759631

	registered interest
	date	12/09/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Private Rented Housing
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of the number of homes bought as buy to let in January to June (a) 2016 and (b) 2017.
	tabling member constituency	East Londonderry
	tabling member printed	Mr Gregory Campbell
	uin	10056
	answer	answer is ministerial correction date of answer 09/10/2017 answer text <p>Data from UK Finance shows that the number of UK homes bought as buy-to-let between January and June 2016 was 63,800, and the number of UK homes bought as buy-to-let between January and June 2017 was 36,300.</p><p> </p><p>A significant increase in buy-to-let transaction volumes occurred in March 2016. This preceded changes to Stamp Duty Land Tax, which introduced a 3% surcharge on purchases of Buy-to-Let properties.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 09/10/2017 13:09:17 answering member 4095 label Biography information for Steve Barclay
	tabling member	1409 label Biography information for Mr Gregory Campbell

1241805

	registered interest
	date	08/10/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Working Tax Credit: East Renfrewshire
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many families with children received the £20 per week uplift in working tax credit basic element payments, announced by the Chancellor of the Exchequer on 20 March 2020, in East Renfrewshire constituency in each month since it was introduced.
	tabling member constituency	East Renfrewshire
	tabling member printed	Kirsten Oswald
	uin	101033
	answer	answer is ministerial correction date of answer 12/10/2020 answer text <p>The latest available information on the number of families with children receiving Working Tax Credit at the parliamentary constituency level is for April 2020. In April 2020, the number of families with children receiving Working Tax Credit in the East Renfrewshire constituency was 800.</p><p> </p><p><strong><a href="https://www.gov.uk/government/statistics/child-and-working-tax-credits-statistics-provisional-awards-geographical-analyses-december-2013" target="_blank">https://www.gov.uk/government/statistics/child-and-working-tax-credits-statistics-provisional-awards-geographical-analyses-december-2013</a></strong></p><p> </p><p><strong>I</strong>nformation on following months is not readily available. The next update to this publication will provide statistics relating to December 2020 and will be available in January 2021.</p><p> </p><p>Finalised annual information on families with children receiving Working Tax Credits is published once a year and updated each July.</p><p> </p><p><strong><a href="https://www.gov.uk/government/statistics/child-and-working-tax-credits-statistics-finalised-annual-awards-2018-to-2019" target="_blank">https://www.gov.uk/government/statistics/child-and-working-tax-credits-statistics-finalised-annual-awards-2018-to-2019</a></strong></p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 12/10/2020 11:39:36 answering member 4095 label Biography information for Steve Barclay
	tabling member	4413 label Biography information for Kirsten Oswald

732625

	registered interest
	date	26/06/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Electronic Funds Transfer: Fraud
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of the annual cost to the UK economy of bank-transfer fraud.
	tabling member constituency	Linlithgow and East Falkirk
	tabling member printed	Martyn Day
	uin	1011
	answer	answer is ministerial correction date of answer 04/07/2017 answer text <p>The Government has not made an assessment of the annual cost of bank transfer scams (otherwise known as Authorised Push Payment scams) to the UK economy, because the Payment Systems Regulator (PSR) is currently undertaking work to assess the scale and scope of the problem.</p><p> </p><p>This is part of their wider programme of work to better protect consumers from these scams and reduce the damage they cause. The programme also includes working with Financial Fraud Action UK to develop a common understanding of what data on these scams can be shared between banks, and what barriers stand in the way of sharing further information; and developing best practice standards that banks should follow when responding to these scams.</p><p> </p><p>The PSR is also looking at what role the payment system operators CHAPS and Faster Payments Service (the systems that allow push payments to be made) could play in mitigating the damage caused by Authorised Push Payment scams.</p><p> </p><p>The PSR will publish a review of progress in the second half of 2017.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 04/07/2017 16:34:58 answering member 4095 label Biography information for Steve Barclay
	tabling member	4488 label Biography information for Martyn Day

1242036

	registered interest
	date	09/10/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Public Expenditure: Wales
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how much the Welsh Government will receive in Barnett Consequentials from the £3 billion of new funding introduced for green buildings in England as part of the Plan for Jobs.
	tabling member constituency	Dwyfor Meirionnydd
	tabling member printed	Liz Saville Roberts
	uin	101296
	answer	answer is ministerial correction date of answer 14/10/2020 answer text <p>As part of the Plan for Jobs, the Chancellor announced over £3 billion of new funding for green buildings. This funding is subject to the Barnett formula. We are working closely with the devolved administrations to ensure they have the best information about likely changes in Barnett funding to facilitate their financial planning.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 14/10/2020 10:17:08 answering member 4095 label Biography information for Steve Barclay
	tabling member	4521 label Biography information for Liz Saville Roberts

759676

	registered interest
	date	12/09/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Universities: EU Grants and Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, if he will take steps to ensure that universities with European Investment Bank loans are not affected by changes in the legal terms of their loans as a result of the UK leaving the EU.
	tabling member constituency	North East Fife
	tabling member printed	Stephen Gethins
	uin	10150
	answer	answer is ministerial correction date of answer 20/09/2017 answer text <p>Contracts signed between the European Investment Bank (EIB) Group and UK counterparties are matters for the parties. They do not contain any provisions relating to the departure of a member state from the EU. The UK is in the process of negotiating what its future relationship with the EIB will be, but the government is clear that the UK’s exit from the EU on its own does not change existing EIB Group contracts with UK counterparties.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 20/09/2017 13:04:00 answering member 4095 label Biography information for Steve Barclay
	tabling member	4434 label Biography information for Stephen Gethins