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1234273

	registered interest
	date	15/09/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Credit
	house id	1
	legislature	25259 pref label House of Commons
	question text	What steps his Department is taking to help ensure that buy now pay later lenders comply with guidance set out by the (a) Financial Conduct Authority and (b) Advertising Standards Agency.
	tabling member constituency	Walthamstow
	tabling member printed	Stella Creasy
	uin	906085
	answer	answer is ministerial correction date of answer 15/09/2020 answer text <p>Where a buy now pay later lender is offering a regulated credit agreement, it must be authorised and regulated by the Financial Conduct Authority. Where an authorised firm breaches FCA rules and guidance, the FCA is able to take action against them.</p><p> </p><p>Where a firm breaks the UK Advertising Codes, the Advertising Standards Authority is able to ban those advertisements.</p> answering member constituency Salisbury answering member printed John Glen question first answered 15/09/2020 13:03:09 answering member 4051 label Biography information for John Glen
	tabling member	4088 label Biography information for Stella Creasy

1365135

	registered interest
	date	02/11/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Financial Services: Crime
	house id	1
	legislature	25259 pref label House of Commons
	question text	What steps he plans to take in response to the publication of the Pandora Papers to tackle (a) tax avoidance, (b) money laundering and (c) other financial crimes.
	tabling member constituency	Ilford South
	tabling member printed	Sam Tarry
	uin	904001
	answer	answer is ministerial correction date of answer 02/11/2021 answer text <p>This government is committed to making the UK a hostile place for illicit finance and economic crime. We are determined to crack down on dirty money and financial exploitation, to protect our security and prosperity. We have taken action through our ‘No Safe Havens’ strategy to ensure the correct UK tax is paid; and our landmark 2019 Economic Crime Plan outlines a comprehensive response to ensure the UK cannot be abused for economic crime.</p> answering member constituency Salisbury answering member printed John Glen question first answered 02/11/2021 14:47:12 answering member 4051 label Biography information for John Glen
	tabling member	4829 label Biography information for Sam Tarry

1234272

	registered interest
	date	15/09/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Economic Situation
	house id	1
	legislature	25259 pref label House of Commons
	question text	What steps he is taking to support regional economies.
	tabling member constituency	Stockport
	tabling member printed	Navendu Mishra
	uin	906093
	answer	answer is ministerial correction date of answer 15/09/2020 answer text <p>We recognise that every region will be feeling the impacts of this crisis and the Government has responded to the challenges of Covid-19 through unprecedented support for business and workers across the country.</p><p> </p><p>At the Summer Economic Update, the Chancellor announced the Government’s plan to support jobs in every region through upgrades to local infrastructure, boosting skills, and new employment support schemes. This builds on our commitment at Budget to invest in our towns, cities, people and places.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 906079 question first answered 15/09/2020 13:05:20 answering member 4051 label Biography information for John Glen
	tabling member	4811 label Biography information for Navendu Mishra

1234274

	registered interest
	date	15/09/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Economic Situation
	house id	1
	legislature	25259 pref label House of Commons
	question text	What steps he is taking to support regional economies.
	tabling member constituency	Cambridge
	tabling member printed	Daniel Zeichner
	uin	906079
	answer	answer is ministerial correction date of answer 15/09/2020 answer text <p>We recognise that every region will be feeling the impacts of this crisis and the Government has responded to the challenges of Covid-19 through unprecedented support for business and workers across the country.</p><p> </p><p>At the Summer Economic Update, the Chancellor announced the Government’s plan to support jobs in every region through upgrades to local infrastructure, boosting skills, and new employment support schemes. This builds on our commitment at Budget to invest in our towns, cities, people and places.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 906093 question first answered 15/09/2020 13:05:20 answering member 4051 label Biography information for John Glen
	tabling member	4382 label Biography information for Daniel Zeichner

1177550

	registered interest
	date	11/02/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Financial Services Compensation Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	What steps he is taking to ensure that the level of the Financial Services Compensation Scheme levy is (a) equitable and (b) proportionate.
	tabling member constituency	Cities of London and Westminster
	tabling member printed	Nickie Aiken
	uin	900747
	answer	answer is ministerial correction date of answer 11/02/2020 answer text <p>The FSCS is an independent non-governmental body. It operates within the rules set by the FCA and the PRA, who are also independent from government.</p><p> </p><p>The FSCS levy is set annually, within the overall levy limits set by the FCA and PRA. It is for the FCA and PRA to consider the impact of the levy on the firms they regulate. The Government has no role in setting the levy.</p> answering member constituency Salisbury answering member printed John Glen question first answered 11/02/2020 15:25:18 answering member 4051 label Biography information for John Glen
	tabling member	4741 label Biography information for Nickie Aiken

1338666

	registered interest
	date	22/06/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Financial Services: Fraud
	house id	1
	legislature	25259 pref label House of Commons
	question text	What recent discussions he has had with the Financial Conduct Authority on tackling online financial crime.
	tabling member constituency	East Ham
	tabling member printed	Stephen Timms
	uin	901634
	answer	answer is ministerial correction date of answer 22/06/2021 answer text <p>Whilst the FCA is an independent, non-governmental regulator, the Treasury, as the department jointly responsible for economic crime policy with Home Office, is in regular contact with the FCA on matters to do with online financial crime. I can confirm that my officials hold regular discussions with their FCA counterparts on these issues, including on the delivery of the Economic Crime Plan, the prevention of online harms, including financial promotions and online fraud, and issues related to anti-money laundering supervision. In addition, the FCA is a member of 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.</p><p><strong> </strong></p> answering member constituency Salisbury answering member printed John Glen question first answered 22/06/2021 13:27:08 answering member 4051 label Biography information for John Glen
	tabling member	163 label Biography information for Sir Stephen Timms

1256942

	registered interest
	date	01/12/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Personal Income: Coronavirus
	house id	1
	legislature	25259 pref label House of Commons
	question text	What recent comparative assessment his Department has made of the effect on regional economies of the Government's covid-19 financial support package.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	909619
	answer	answer is ministerial correction date of answer 01/12/2020 answer text <p>The government recognises that every region is feeling the impact of this crisis, and has taken unprecedented steps to support people and businesses across the country.</p><p> </p><p>For example, the government has helped over a million employers furlough 9.6 million employments, including 350,700 in the North East, and supported over 60 billion pounds of loans, including £1.4bn for over 40,000 businesses in the North East. Regional breakdowns are published regularly on gov.uk.</p> answering member constituency Salisbury answering member printed John Glen question first answered 01/12/2020 14:24:14 answering member 4051 label Biography information for John Glen
	tabling member	4125 label Biography information for Catherine McKinnell

1441162

	registered interest
	date	15/03/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Economic Situation
	house id	1
	legislature	25259 pref label House of Commons
	question text	What recent assessment he has made of the strength of the UK economy.
	tabling member constituency	Wallasey
	tabling member printed	Dame Angela Eagle
	uin	906080
	answer	answer is ministerial correction date of answer 15/03/2022 answer text <p>Last year we saw a faster-than-previously-expected economic recovery, with the fastest growth in the G7.</p><p> </p><p>However, the conflict in Ukraine has affected the global economy. The government is closely monitoring developments and the channels which may impact the UK economy. The precise impacts will depend on the size and persistence of any shocks to trade, financial markets, and energy markets, which are highly uncertain.</p><p> </p> answering member constituency Salisbury answering member printed John Glen question first answered 15/03/2022 16:41:45 answering member 4051 label Biography information for John Glen
	tabling member	491 label Biography information for Dame Angela Eagle

1280340

	registered interest
	date	26/01/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Pensions: Age
	house id	1
	legislature	25259 pref label House of Commons
	question text	What plans he has to bring forward legislative proposals to introduce changes to the minimum age for withdrawing a private pension.
	tabling member constituency	Carmarthen East and Dinefwr
	tabling member printed	Jonathan Edwards
	uin	911389
	answer	answer is ministerial correction date of answer 26/01/2021 answer text <p>In 2014 the government announced it would increase the minimum pension age from age 55 to age 57 from 2028.</p><p> </p><p>This increase reflects trends in longevity and encourages individuals to remain in work, while also helping to ensure pension savings provide for later life.</p><p> </p><p>The 2014 announcement set out the timetable for this change well in advance to enable people to make financial plans and will be legislated for in due course.</p> answering member constituency Salisbury answering member printed John Glen question first answered 26/01/2021 13:25:00 answering member 4051 label Biography information for John Glen
	tabling member	3943 label Biography information for Jonathan Edwards

1353197

	registered interest
	date	07/09/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Small Businesses: Coronavirus
	house id	1
	legislature	25259 pref label House of Commons
	question text	What fiscal steps his Department is taking to help small and medium-sized businesses recover from the covid-19 pandemic.
	tabling member constituency	Bolsover
	tabling member printed	Mark Fletcher
	uin	903249
	answer	answer is ministerial correction date of answer 07/09/2021 answer text <p>Throughout the pandemic, the Government has sought to protect people’s jobs and livelihoods while also supporting businesses of all sizes across the UK. We put in place an economic support package totaling £352 billion through the furlough and self-employed income support schemes, as well as support for businesses of all sizes through grants and loans, business rates and VAT relief, and a commercial rents moratorium.</p><p> </p><p>We want to help small businesses across the UK to scale and grow as they recover from the pandemic. At Budget, we announced Help to Grow: Digital and Management. Help to Grow: Digital provides a new online platform and voucher to support SMEs to adopt software which could help them save time and money and grow faster. Help to Grow: Management offers a new, world-leading management skills training programme to upskill 30,000 small businesses across the UK over three years, to help boost their business’s performance, resilience, and long-term growth through practical leadership and management training.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 903257 question first answered 07/09/2021 15:19:10 answering member 4051 label Biography information for John Glen
	tabling member	4774 label Biography information for Mark Fletcher