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1177550
registered interest false more like this
date less than 2020-02-11more like thismore than 2020-02-11
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Financial Services Compensation Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency Cities of London and Westminster more like this
tabling member printed
Nickie Aiken more like this
uin 900747 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-11more like thismore than 2020-02-11
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> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-02-11T15:25:18.937Zmore like thismore than 2020-02-11T15:25:18.937Z
answering member
4051
label Biography information for John Glen remove filter
tabling member
4741
label Biography information for Nickie Aiken more like this
1177317
registered interest false more like this
date less than 2020-02-10more like thismore than 2020-02-10
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Cash Dispensing: Rural Areas more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what steps his Department is taking to ensure free access to cash for people in rural communities. more like this
tabling member constituency Ochil and South Perthshire more like this
tabling member printed
John Nicolson more like this
uin 14733 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-13more like thismore than 2020-02-13
answer text <p>The Government recognises that widespread free access to cash remains extremely important to the day-to-day lives of many consumers and businesses in the UK.</p><p> </p><p>The Government has launched the Joint Authorities Cash Strategy Group – bringing together the Payment Systems Regulator, Financial Conduct Authority, and Bank of England – to ensure comprehensive oversight of the overall cash infrastructure.</p><p> </p><p>Industry has a key role to play. LINK, the scheme that runs the UK’s largest ATM network, has committed to protect remote free-to-use ATMs one kilometre or further from the next nearest free-to-use ATM or Post Office counter. LINK has also provided funding to allow local communities to request new free-to-use ATMs. The Payment Systems Regulator has used its powers to hold LINK to account over its commitments to preserve the broad geographic spread of ATMs.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-02-13T18:03:59.59Zmore like thismore than 2020-02-13T18:03:59.59Z
answering member
4051
label Biography information for John Glen remove filter
tabling member
4415
label Biography information for John Nicolson more like this
1177373
registered interest false more like this
date less than 2020-02-10more like thismore than 2020-02-10
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Treasury: Offshore Funds more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, whether his Department’s (a) anti-fraud and (b) anti-money laundering procedures monitor (i) payments by his Department to offshore accounts and (ii) the use of offshore accounts by his Department's (A) suppliers and (B) senior staff. more like this
tabling member constituency Hampstead and Kilburn more like this
tabling member printed
Tulip Siddiq more like this
uin 14764 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-13more like thismore than 2020-02-13
answer text <p>The Department has extensive anti-fraud and anti-money laundering procedures in making payments including verifying the identity of suppliers and staff, and the validity of payment details.</p><p> </p><p>All suppliers and public office holders are expected to comply with the law as it applies to offshore banking activity.</p><p> </p><p>Ministers and Civil Servants also uphold the standards of conduct as set out in the Ministerial and Civil Service Code respectively, as well as the seven principles of public life.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-02-13T18:05:39.323Zmore like thismore than 2020-02-13T18:05:39.323Z
answering member
4051
label Biography information for John Glen remove filter
tabling member
4518
label Biography information for Tulip Siddiq more like this
1177374
registered interest false more like this
date less than 2020-02-10more like thismore than 2020-02-10
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Treasury: Offshore Funds more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, whether (a) members of his departmental Board and (b) senior executives in his Department are required to disclose offshore bank accounts and holdings. more like this
tabling member constituency Hampstead and Kilburn more like this
tabling member printed
Tulip Siddiq more like this
uin 14765 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-13more like thismore than 2020-02-13
answer text <p>The departmental Board and Senior Executives are not required to disclose offshore bank accounts and holdings.</p><p> </p><p>All public office holders are expected to comply with the law as it applies to offshore banking activity.</p><p> </p><p>Ministers and Civil Servants must also uphold the standards of conduct as set out in the Ministerial and Civil Service Code respectively, as well as the 7 principles of public life.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-02-13T18:07:10.277Zmore like thismore than 2020-02-13T18:07:10.277Z
answering member
4051
label Biography information for John Glen remove filter
tabling member
4518
label Biography information for Tulip Siddiq more like this
1177375
registered interest false more like this
date less than 2020-02-10more like thismore than 2020-02-10
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Treasury: Offshore Funds more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, how much money his Department paid into offshore bank accounts in the financial year 2018-19. more like this
tabling member constituency Hampstead and Kilburn more like this
tabling member printed
Tulip Siddiq more like this
uin 14766 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-13more like thismore than 2020-02-13
answer text <p>In 2018-19 the Department made £2m of foreign payments to suppliers, all of which were made to the countries where the suppliers have operations.</p><p> </p><p>In 2018-19 the Department made £13k of foreign salary payments, all of which were made to the countries where the employees were resident in at the time.</p><p> </p><p>All suppliers and public office holders are expected to comply with the law as it applies to offshore banking activity.</p><p> </p><p>Ministers and Civil Servants also uphold the standards of conduct as set out in the Ministerial and Civil Service Code respectively, as well as the seven principles of public life.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-02-13T18:06:53.667Zmore like thismore than 2020-02-13T18:06:53.667Z
answering member
4051
label Biography information for John Glen remove filter
tabling member
4518
label Biography information for Tulip Siddiq more like this
1177382
registered interest false more like this
date less than 2020-02-10more like thismore than 2020-02-10
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Small Businesses: Living Wage more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what steps his Department is taking to support small businesses to afford the recent increase in the National Living Wage. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson more like this
uin 14682 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-13more like thismore than 2020-02-13
answer text <p>The Government recognises that increases in the National Living Wage will mean extra costs for some businesses, However, it’s right that workers are fairly rewarded for their input into the economy. By the Spring, the Government will set out the Low Pay Commission’s remit for the years beyond 2020, taking account of the potential impact on employment and economic growth.</p><p> </p><p>To support businesses with the costs of employing staff, the Government has introduced the Employment Allowance to reduce employers’ National Insurance contributions bill by £3,000. Over 1 million employers are benefitting from this relief.</p><p> </p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-02-13T14:02:50.713Zmore like thismore than 2020-02-13T14:02:50.713Z
answering member
4051
label Biography information for John Glen remove filter
tabling member
4061
label Biography information for Bill Esterson more like this
1177411
registered interest false more like this
date less than 2020-02-10more like thismore than 2020-02-10
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Public Sector: Workplace Pensions more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, when he plans to resume the 2016 valuations for public sector pension schemes which were paused in January 2019. more like this
tabling member constituency Wirral South more like this
tabling member printed
Alison McGovern more like this
uin 14694 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-13more like thismore than 2020-02-13
answer text <p>In January 2019, the Government announced a pause to the cost control element of the valuations of public service pension schemes, due to the uncertainty about benefit entitlements arising from the Court of Appeal’s judgment in <em>McCloud</em> in December 2018.</p><p> </p><p>The Government has committed to addressing the discrimination identified in <em>McCloud</em> in all public service pension schemes, while ensuring all members can keep their accrued benefits. Schemes are currently discussing high-level proposals to achieve this with employer and member representatives, to inform a full public consultation. In addition, Employment Tribunals are considering the remedy for claimants in the various cases. While these processes are underway, the cost control mechanism remains paused as the value of pension schemes to members cannot be assessed with certainty.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-02-13T14:00:04.5Zmore like thismore than 2020-02-13T14:00:04.5Z
answering member
4051
label Biography information for John Glen remove filter
tabling member
4083
label Biography information for Alison McGovern more like this
1177434
registered interest false more like this
date less than 2020-02-10more like thismore than 2020-02-10
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Beer: Excise Duties more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent assessment he has made of the economic effect of small breweries relief on small brewers. more like this
tabling member constituency Wentworth and Dearne more like this
tabling member printed
John Healey more like this
uin 14612 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-18more like thismore than 2020-02-18
answer text <p>We are conducting a review of Small Brewers Relief, and further announcements about this will be made in due course.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-02-18T10:04:12.163Zmore like thismore than 2020-02-18T10:04:12.163Z
answering member
4051
label Biography information for John Glen remove filter
tabling member
400
label Biography information for John Healey more like this
1177074
registered interest false more like this
date less than 2020-02-07more like thismore than 2020-02-07
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Barclays: Fees and Charges more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what discussions he has had with the Financial Conduct Authority on Barclays' overdraft pricing changes planned for March 2020. more like this
tabling member constituency Carmarthen East and Dinefwr more like this
tabling member printed
Jonathan Edwards more like this
uin 13987 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-12more like thismore than 2020-02-12
answer text <p>Treasury Ministers and officials have meetings with many organisations in the public and private sectors on a variety of issues.</p><p> </p><p>The Financial Conduct Authority (FCA) is operationally independent from Government and carries out its functions, including its work on the High-cost Credit Review and reforms to overdrafts, within the framework of statutory objectives and duties agreed by Parliament.</p><p> </p><p>In June 2019, the FCA announced new rules governing how firms can charge for overdrafts as part of their High-cost Credit Review. These include mandating that firms cannot charge more for unarranged overdrafts than arranged overdrafts, banning fixed daily and monthly charges, and a package of measures to improve the transparency of pricing.</p><p> </p><p>Overall the FCA expects these changes to make overdrafts simpler, fairer, and easier to manage and will protect the millions of consumers that use overdrafts, particularly more vulnerable consumers. According to their analysis, 7 out of 10 overdraft users will be better off or see no change to their fees.</p><p> </p><p>In instances where consumers see increased fees on their overdrafts firms are required to develop strategies to reduce repeat use harm and incorporate monitoring and identification systems into their processes. Firms must make appropriate interventions if they identify that a customer is in financial difficulty, including presenting options for reducing use. If constituents think these changes to overdrafts will put them in financial difficulty, or are worried about higher charges, they should contact their bank.</p>
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-02-12T15:21:55.877Zmore like thismore than 2020-02-12T15:21:55.877Z
answering member
4051
label Biography information for John Glen remove filter
tabling member
3943
label Biography information for Jonathan Edwards more like this
1176731
registered interest false more like this
date less than 2020-02-06more like thismore than 2020-02-06
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Cash Dispensing more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what steps he is taking to ensure access to cash is maintained in (a) Brighton and Hove and (b) England. more like this
tabling member constituency Hove more like this
tabling member printed
Peter Kyle more like this
uin 13551 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-11more like thismore than 2020-02-11
answer text <p>The Government is committed to supporting digital payments while safeguarding access to cash for those who need it across the UK.</p><p> </p><p>To support this, the Government has launched the Joint Authorities Cash Strategy (JACS) Group – which is chaired by HM Treasury and brings together the Payment Systems Regulator, Financial Conduct Authority and Bank of England – to ensure a comprehensive oversight of the UK’s overall cash infrastructure.</p><p> </p><p>The Government-established Payment Systems Regulator regulates LINK, the scheme that runs the UK’s largest ATM network, and is holding LINK to account over their commitments to maintain the broad geographic spread of free-to-use ATMs.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-02-11T15:28:56.22Zmore like thismore than 2020-02-11T15:28:56.22Z
answering member
4051
label Biography information for John Glen remove filter
tabling member
4505
label Biography information for Peter Kyle more like this