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1626286

registered interest
date	09/05/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Levelling Up Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when his Department plans to provide funding to the Department for Levelling Up, Housing and Communities to enable Levelling Up Fund Round 3.
tabling member constituency	Lichfield
tabling member printed	Michael Fabricant
uin	184011
answer	answer is ministerial correction date of answer 15/05/2023 answer text <p>As confirmed at Spring Budget, round 3 of the Levelling Up Fund will proceed as planned with a further £1 billion to invest in places. Funding will be released from HM Treasury to the Department for Levelling Up, Housing and Communities and the Department for Transport after the places and projects receiving funding are confirmed. Work is underway to design round 3, and further detail will be provided in due course.</p> answering member constituency Salisbury answering member printed John Glen question first answered 15/05/2023 13:58:02 answering member 4051 label Biography information for John Glen
tabling member	280 label Biography information for Michael Fabricant

1437421

registered interest
date	02/03/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	VTB Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, for what reason a 30 day licence has been granted giving permission for any individual or entity to wind down any transactions with Russian bank VTB until 27 March.
tabling member constituency	Lichfield
tabling member printed	Michael Fabricant
uin	133125
answer	answer is ministerial correction date of answer 07/03/2022 answer text The general licence INT/2022/1272278 (Wind Down Positions Involving VTB) was issued on 25 February to allow for an orderly wind down of contracts with the bank, which was designated on 24 February. The general licence permits only the wind down of existing activity for third parties and expires on 27 March 2022. The general licence has been granted to reduce disruption in the UK financial system, not to permit VTB to proactively exit positions. It ensures that VTB will not benefit from a situation where UK persons cannot close out their positions or wind down transactions involving the bank. answering member constituency Salisbury answering member printed John Glen question first answered 07/03/2022 18:29:32 answering member 4051 label Biography information for John Glen
tabling member	280 label Biography information for Michael Fabricant