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732566

	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	Cooperatives and Social Enterprises
	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 support the growth of social enterprises and cooperatives.
	tabling member constituency	Linlithgow and East Falkirk
	tabling member printed	Martyn Day
	uin	1202
	answer	answer is ministerial correction date of answer 30/06/2017 answer text <p>The Government is strongly supportive of both the co-operative and social enterprise sectors. The Government supports social enterprises in various ways, including championing procurement for social value. At Spring Budget 2017, the Government also announced that the thresholds at which co-operatives will have to conduct a full audit will increase in line with those for companies. This will allow co-operatives to use more of their resources to benefit their members. The Government will continue to explore further ways to support the sector.</p><p> </p><p>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> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 116 117 question first answered 30/06/2017 11:24:32 answering member 4095 label Biography information for Steve Barclay
	tabling member	4488 label Biography information for Martyn Day

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

732651

	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	LIBOR
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what recent discussions he has had with the Governor of the Bank of England on manipulation of the London Interbank Offered Rate.
	tabling member constituency	Linlithgow and East Falkirk
	tabling member printed	Martyn Day
	uin	1148
	answer	answer is ministerial correction date of answer 04/07/2017 answer text <p>The Chancellor has regular discussions with the Governor of the Bank of England on a wide range of issues relating to financial services. As has been the practice of previous administrations, the Government does not provide details of such discussions.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 04/07/2017 16:33:12 answering member 4095 label Biography information for Steve Barclay
	tabling member	4488 label Biography information for Martyn Day