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1623618

registered interest
date	25/04/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Coronavirus: Government Assistance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps the Government is taking to recover public funds received improperly during the covid-19 pandemic.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	182567
answer	answer is ministerial correction date of answer 02/05/2023 answer text <p>The Government has always been clear that fraud is unacceptable. Those who attempted to defraud public funds will be subject to both criminal and commercial recovery efforts.</p><p> </p><p>On Covid-19 support schemes administered by HMRC, over £1.2 billion worth of grants were either blocked from being paid out or recovered through compliance work by the end of March 2022, with more work ongoing.</p><p> </p><p>Significant work has been underway across Government and commercial lenders to address fraudulent activity in relation to the Covid-19 loan schemes. We are working with lenders, law enforcement, and partners across Government to recover fraudulently obtained loans. We have been clear that Government will not hesitate to take criminal action against serious cases, and as of January 2023 49 arrests have been made in relation to Bounce Back Loan fraud.</p><p> </p> answering member constituency Salisbury answering member printed John Glen question first answered 02/05/2023 10:39:34 answering member 4051 label Biography information for John Glen
tabling member	4131 label Biography information for Jim Shannon

1579492

registered interest
date	23/01/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Health Services: Devolution
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the impact of inflation on devolved assemblies' budgets for health services.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	129782
answer	answer is ministerial correction date of answer 30/01/2023 answer text <p>The devolved administrations are well-funded to deliver all their devolved responsibilities, including health services.</p><p> </p><p>The 2021 Spending Review set the largest annual block grants, in real terms, of any spending review settlement since the devolution Acts. Those settlements are still growing in real terms this year, and over the three-year spending review period, despite inflation being higher than expected.</p><p> </p><p>This provides the devolved administrations with over 20% more funding per person than equivalent UK Government spending in other parts of the UK. This is around 25% more for the Scottish Government and around 20% more for the Welsh Government and NI Executive. It is for the devolved administrations to decide how to allocate their funding in devolved areas.</p><p> </p><p>Like many countries, the UK faces the twin challenge of a recession and high inflation as global energy price rises have been exacerbated by Putin’s war in Ukraine. The Government has set out its plan to halve inflation over the course of this year by remaining steadfast in support for the independent Monetary Policy Committee at the Bank of England, making difficult but responsible decisions on tax and spending to not add fuel to the fire, and by tackling high energy prices by holding down energy bills for households and businesses this year and next and investing in long-term energy security.</p> answering member constituency Salisbury answering member printed John Glen question first answered 30/01/2023 15:27:07 answering member 4051 label Biography information for John Glen
tabling member	4131 label Biography information for Jim Shannon

1564756

registered interest
date	09/01/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Sector: Borrowing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of trends in the levels of Government borrowing in the last five years.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	118931
answer	answer is ministerial correction date of answer 16/01/2023 answer text <p>Trends in the level of borrowing in the last five years reflect the UK dealing with the consequences of significant global shocks.</p><p> </p><p>By 2018-19, the Government had succeeded in reducing the deficit from the 2009-10 peak by four-fifths. However, following the actions taken during the pandemic, borrowing reached a post-war high in 2020-21. While it decreased in 2021-22, this still remained more than double the level seen in 2019-20. Borrowing is expected to increase this year as the Government has taken action to support families and businesses with their energy bills.</p><p> </p><p>You can find recent borrowing figures in HM Treasury’s Autumn Statement 2022 document, found here: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1118417/CCS1022065440-001_SECURE_HMT_Autumn_Statement_November_2022_Web_accessible__1_.pdf" target="_blank">AUTUMN STATEMENT 2022 (publishing.service.gov.uk)</a></p> answering member constituency Salisbury answering member printed John Glen question first answered 16/01/2023 13:47:17 answering member 4051 label Biography information for John Glen
tabling member	4131 label Biography information for Jim Shannon

1551983

registered interest
date	15/12/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Climate Change: Government Assistance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor for the Exchequer, whether he will commit to bringing forward a support package for local authorities to be able to adapt and protect communities against the impacts of climate change.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	111590
answer	answer is ministerial correction date of answer 21/12/2022 answer text <p>The 2023-24 Local Government Finance Settlement provides an increase in Core Spending Power for local authorities of around 9%, making available almost £5 billion in additional funding, demonstrating how Government stands behind councils up and down the country. As democratically elected organisations, local authorities are responsible for managing their budgets and making spending decisions that reflect their priorities.</p><p> </p><p>The Department for Levelling Up, Housing and Communities is responsible for stewardship of the local government system and is committed to ensuring that funding allocations for councils are based on an up-to-date assessment of their needs and resources.</p> answering member constituency Salisbury answering member printed John Glen question first answered 21/12/2022 09:02:47 answering member 4051 label Biography information for John Glen
tabling member	4131 label Biography information for Jim Shannon

1550942

registered interest
date	13/12/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Sanctions: Russia
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether his Department is taking steps with Cabinet colleagues to investigate whether the transfer of (a) funds and (b) properties in the UK by families of Russian oligarchs is done to evade sanctions.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	109563
answer	answer is ministerial correction date of answer 19/12/2022 answer text <p>The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, assesses all reported breaches of financial sanctions regulations. Regulations prohibit any person intentionally acting to circumvent prohibitions, or enabling and facilitating breaches of financial sanctions. Financial institutions and estate agents are considered relevant firms under the regulations and therefore have additional obligations, including to report frozen assets and any suspected breaches they are aware of.</p><p>OFSI is able to utilise a variety of enforcement powers should investigations prove a breach has occurred, including publicising breaches and imposing a civil monetary penalty where cases meet the threshold. The National Crime Agency investigates the most serious evasion of sanctions and associated money laundering.</p> answering member constituency Salisbury answering member printed John Glen question first answered 19/12/2022 14:13:45 answering member 4051 label Biography information for John Glen
tabling member	4131 label Biography information for Jim Shannon

1483378

registered interest
date	27/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Money: Older People
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has made a recent assessment of the potential effect of a cashless society on the elderly.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	25861
answer	answer is ministerial correction date of answer 30/06/2022 answer text <p>The government recognises that while the transition towards digital payments brings many opportunities cash remains an important part of daily life for millions of people across the UK, including those who may be in vulnerable groups or elderly. The government remains closely engaged with the financial regulators, including through the Treasury-chaired Joint Authorities Cash Strategy Group, to monitor trends relating to the use of cash by people and businesses.</p><p> </p><p>In the Queen’s Speech in May 2022 the government announced that it will introduce legislation to protect access to cash as part of the Financial Services and Markets Bill. The government intends to establish the FCA as the lead regulator for access to cash with responsibility to ensure that people can continue to access cash withdrawal and deposit facilities. Through this legislation the government intends to ensure that people can continue to use cash in their day-to-day lives. The Bill will be brought forward when Parliamentary time allows.</p> answering member constituency Salisbury answering member printed John Glen question first answered 30/06/2022 13:09:15 answering member 4051 label Biography information for John Glen
tabling member	4131 label Biography information for Jim Shannon

1473115

registered interest
date	24/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Safe Hands Plans: Insolvency
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps his Department has taken to support people who bought funeral plans from Safe Hands Plans in the context of the closure of that business; and if he will undertake a review of the reasons for the closure of Safe Hands Plans.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	24589
answer	answer is ministerial correction date of answer 30/06/2022 answer text <p>In January 2021, the government legislated to bring all pre-paid funeral plan providers and intermediaries within the regulatory remit of the Financial Conduct Authority (FCA). This will ensure that, for the first time, consumers are protected by compulsory and robust regulation.</p><p> </p><p>Safe Hands Plans went into administration in March 2022. The government understands that this will be concerning for customers of Safe Hands and continues to monitor the implementation of regulation in this sector closely.</p><p> </p><p>Dignity’s recent commitment to provide ongoing support to Safe Hands’ customers until November 2022 is welcome. This will ensure that any planholders who pass away during this time will receive a funeral without any additional charge.</p><p> </p><p>The administration process for Safe Hands is an ongoing legal process under the general control of court. This process may provide further information about what has happened at the firm, and the government awaits the outcome with interest.</p> answering member constituency Salisbury answering member printed John Glen question first answered 30/06/2022 13:02:11 answering member 4051 label Biography information for John Glen
tabling member	4131 label Biography information for Jim Shannon

1470553

registered interest
date	15/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Inflation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment has he made of the potential impact of the war in Ukraine on inflation in the next three years.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	18903
answer	answer is ministerial correction date of answer 20/06/2022 answer text <p>High inflation to date has been pushed up by global factors, including Russia’s invasion of Ukraine, which has led to significant price increases in goods and energy. In addition, the recent tightening in the labour market and rising cost pressures means that domestic factors are also playing a role and that inflationary pressures are becoming more broad-based. The independent Office for Budget Responsibility is the government’s official forecaster and will produce its next forecast in the autumn.</p><p> </p><p>The government understands the pressures people are facing with the cost of living because of high inflation. The government is providing over £15bn of additional support, building on the over £22bn announced previously, with government support for the cost of living now totalling over £37bn this year.</p> answering member constituency Salisbury answering member printed John Glen question first answered 20/06/2022 13:28:56 answering member 4051 label Biography information for John Glen
tabling member	4131 label Biography information for Jim Shannon

1470146

registered interest
date	14/06/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Interest Rates
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make an assessment of the potential effect on the economy of a raising of interest rates to 3 per cent.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	17941
answer	answer is ministerial correction date of answer 17/06/2022 answer text <p>Monetary policy is the responsibility of the independent Monetary Policy Committee (MPC) of the Bank of England and this includes decisions on Bank Rate and the assets held in the Asset Purchase Facility (APF). The separation of fiscal and monetary policy is a key feature of the UK’s economic framework, and essential for the effective delivery of monetary policy, so the Government does not comment on the conduct or effectiveness of monetary policy, including the effect of a change in Bank Rate.</p><p> </p><p>The Government continually monitors a range of economic indicators and developments to consider the impact of these on businesses and households.</p> answering member constituency Salisbury answering member printed John Glen question first answered 17/06/2022 15:20:55 answering member 4051 label Biography information for John Glen
tabling member	4131 label Biography information for Jim Shannon

1465199

registered interest
date	24/05/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Credit: Interest Rates
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 reduce the number of people who are in debt as a result of pay day loan schemes.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	7977
answer	answer is ministerial correction date of answer 31/05/2022 answer text <p>The Government strongly believes that consumers should be protected from unfair costs in the payday lending market to avoid them falling into problem debt. The Government therefore legislated to require the Financial Conduct Authority (FCA) to introduce a cap on the cost of payday loans, which came into force in 2015. In July 2017, the FCA released a Feedback Statement as part of its review of the high-cost credit market. This showed that the payday cap has been effective, leading to total savings of approximately £150 million for the 760,000 individuals using payday loans each year. Customers pay less, repay on time more often, and are less likely to need help from debt advice charities.</p><p> </p><p>However, the Government recognises that some people will be struggling with their personal finances during these challenging times and may find themselves in problem debt. That is why the Government is maintaining record levels of free-to-client debt advice funding for the Money and Pensions Service in 2022/23. In addition to this, the Government launched the Breathing Space scheme in England and Wales last year. The scheme gives eligible people in problem debt who receive professional debt advice access to a 60-day period in which enforcement action is paused and most fees, charges and interest are frozen.</p><p> </p><p>The Government also continues to develop the Statutory Debt Repayment Plan (SDRP), a statutory agreement that will enable a person in problem debt to combine their debts into a single repayment plan, with payments made over a manageable time period, while receiving legal protections from creditor action for the duration of their plan<em>.</em></p> answering member constituency Salisbury answering member printed John Glen question first answered 31/05/2022 09:26:29 answering member 4051 label Biography information for John Glen
tabling member	4131 label Biography information for Jim Shannon