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1565597

registered interest
date	10/01/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Members: Correspondence
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when he plans to respond to the letter from the Secretary of State for Business, Energy and Industrial Strategy and the Secretary of State for Levelling Up, Housing and Communities on funding for British Steel.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	119983
answer	answer is ministerial correction date of answer 16/01/2023 answer text <p>The Chancellor engages regularly with the Secretary of State for Business Energy and Industrial Strategy and the Security of State for Levelling up, House and Communities on a range of matters. It would not be appropriate to comment on commercial discussions.</p> answering member constituency Salisbury answering member printed John Glen question first answered 16/01/2023 17:13:02 answering member 4051 label Biography information for John Glen
tabling member	4061 label Biography information for Bill Esterson

1399526

registered interest
date	04/01/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Stocks and Shares: Evergrande Group
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 effect of China's Evergrande suspending shares from trading and the potential collapse of the company on British businesses.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	96865
answer	answer is ministerial correction date of answer 10/01/2022 answer text I refer the Hon. Member to the answer that I gave on 22 September to the Hon. Member for Midlothian. answering member constituency Salisbury answering member printed John Glen grouped question UIN 96866 question first answered 10/01/2022 10:20:04 answering member 4051 label Biography information for John Glen
tabling member	4061 label Biography information for Bill Esterson

1399527

registered interest
date	04/01/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Stocks and Shares: Evergrande Group
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 effect of the suspension of trading shares in China's Evergrande on the global economy.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	96866
answer	answer is ministerial correction date of answer 10/01/2022 answer text I refer the Hon. Member to the answer that I gave on 22 September to the Hon. Member for Midlothian. answering member constituency Salisbury answering member printed John Glen grouped question UIN 96865 question first answered 10/01/2022 10:20:04 answering member 4051 label Biography information for John Glen
tabling member	4061 label Biography information for Bill Esterson

1249283

registered interest
date	05/11/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Coronavirus: Disease Control
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will publish an economic assessment of the effect of the November 2020 covid-19 lockdown.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	112035
answer	answer is ministerial correction date of answer 10/11/2020 answer text <p>As the Chancellor said in his letter to the Treasury Committee on 4 November, HM Treasury does not prepare formal forecasts for the UK economy, which are the responsibility of the independent OBR. They will publish their next forecast on 25 November.</p><p>In addition, within their statutory mandates, the Bank of England’s Monetary Policy Committee (MPC) produce analysis which reflect their independent judgements regarding the impact of Covid-19 on the likely path of the economy. They updated their projections in their Monetary Policy Report published on 5 November. This reflected UK restrictions announced up to 31 October, including “heightened England-wide measures for the period 5 November to 2 December”. In this scenario, GDP was revised downwards and is now expected to contract by 2% in Q4 reflecting the impact of stricter measures to control Covid-19.</p> answering member constituency Salisbury answering member printed John Glen question first answered 10/11/2020 13:17:11 answering member 4051 label Biography information for John Glen
tabling member	4061 label Biography information for Bill Esterson

1245553

registered interest
date	21/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Employee Ownership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the value was of shares issued through Share Incentive Plans by (a) partnership, (b) matching (c) free and (d) dividend shares in each of the last five years.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	106984
answer	answer is ministerial correction date of answer 02/11/2020 answer text <p>Share Incentive Plans (SIPs) is a tax-advantaged employee share scheme offered by the Government.</p><p> </p><p>HMRC publishes annual statistics on Employee Share Schemes, including the value of shares, which are available here: <a href="https://www.gov.uk/government/collections/employee-share-schemes-statistics#national-statistics" target="_blank">https://www.gov.uk/government/collections/employee-share-schemes-statistics#national-statistics</a></p><p> </p><p>The table below shows the value of awarded shares for the last four years by type of share. Figures for 2014-15 are not available due to the introduction of the Employment Related Securities service.</p><p> </p><p>Table 1- Initial value of SIP shares by share type (£m)</p><p> </p><p> </p><table><tbody><tr><td><p>SIP – initial value of awarded shares <strong>(£m)</strong></p></td><td><p>Free shares</p></td><td><p>Partnership shares</p></td><td><p>Matching shares</p></td><td><p>Dividend shares</p></td></tr><tr><td><p>14-15</p></td><td><p>-</p></td><td><p>-</p></td><td><p>-</p></td><td><p>-</p></td></tr><tr><td><p>15-16</p></td><td><p>240</p></td><td><p>510</p></td><td><p>310</p></td><td><p>130</p></td></tr><tr><td><p>16-17</p></td><td><p>120</p></td><td><p>430</p></td><td><p>260</p></td><td><p>130</p></td></tr><tr><td><p>17-18</p></td><td><p>120</p></td><td><p>300</p></td><td><p>160</p></td><td><p>80</p></td></tr><tr><td><p>18-19</p></td><td><p>110</p></td><td><p>310</p></td><td><p>170</p></td><td><p>70</p></td></tr></tbody></table> answering member constituency Salisbury answering member printed John Glen question first answered 02/11/2020 11:57:27 answering member 4051 label Biography information for John Glen
tabling member	4061 label Biography information for Bill Esterson

1242836

registered interest
date	13/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Taxis: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what financial support is available for self-employed taxi drivers who have been told by NHS England to self-isolate due to underlying health reasons and who have been told that they do not qualify for bounce back loans because they do not have business bank accounts.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	102772
answer	answer is ministerial correction date of answer 16/10/2020 answer text <p>The government is committed to supporting self-employed individuals through any period in which they have to self-isolate. Self-employed individuals may be eligible for “new style” Contributory Employment and Support Allowance (ESA) if they are incapable of work due to Covid-19, including those who are required to self-isolate according to Government guidance. We have made it easier for people to claim new style ESA by removing the seven-day waiting period which means people can get support from day one. If they are on a low-income, they may also be entitled to a £500 self-isolation payment.</p><p> </p><p>Individuals who are self-isolating can also access the wider support which the government has made available to self-employed people. In addition to bounce back loans, self-employed individuals may be eligible for the Self-Employment Income Support Scheme (SEISS) which remains open for applications and has recently been extended. The SEISS Grant Extension will last for 6 months, from November 2020 to April 2021.</p><p> </p><p>This support for the self-employed is in addition to a comprehensive welfare offer: according to OBR estimates, the government has injected a further £9.3bn into the welfare system to support individuals who are unable to work or on a low income, including the self-employed. For those on low incomes, the government has relaxed the UC minimum income floor for all self-employed claimants.</p><p> </p><p>The Government launched Bounce Back Loans on 4<sup>th</sup> May 2020 to ensure that the smallest businesses can access loans of up to £50,000 in a matter of days. However, decisions regarding which products, like business bank accounts, to offer remain at the discretion of lenders, and the Government does not intervene in these decisions.</p> answering member constituency Salisbury answering member printed John Glen question first answered 16/10/2020 13:03:10 answering member 4051 label Biography information for John Glen
tabling member	4061 label Biography information for Bill Esterson

1177382

registered interest
date	10/02/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Small Businesses: Living Wage
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	14682
answer	answer is ministerial correction date of answer 13/02/2020 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> answering member constituency Salisbury answering member printed John Glen question first answered 13/02/2020 14:02:50 answering member 4051 label Biography information for John Glen
tabling member	4061 label Biography information for Bill Esterson

905572

registered interest
date	16/05/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Royal Bank of Scotland: Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, with reference to the Answer of 15 May 2018 to Question 142837 on Royal Bank of Scotland: Small Businesses, what assessment he has made of the adequacy of the compensation scheme for SME customers of the Royal Bank of Scotland.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	144893
answer	answer is ministerial correction date of answer 21/05/2018 answer text <p>RBS’ recent commitments to establish an independent appeal process for consequential loss claims and to stand aside from any money that might be returned to them from redress paid to insolvent companies are important steps in improving the operation and transparency of the redress scheme for businesses affected by RBS' Global Restructuring Group.</p><p> </p><p>The Financial Conduct Authority (FCA) has previously confirmed that RBS’ processes as part of the compensation scheme are appropriate steps for the bank to take, and the Treasury is in regular contact with the FCA about how the voluntary scheme is progressing.</p><p> </p> answering member constituency Salisbury answering member printed John Glen question first answered 21/05/2018 16:09:05 answering member 4051 label Biography information for John Glen
tabling member	4061 label Biography information for Bill Esterson

901389

registered interest
date	10/05/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Royal Bank of Scotland: Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, with reference to the oral contribution of the Economic Secretary to the Treasury of 10 March 2018, Official Report, column 978, what compensation he proposes be provided to the small business customers of Royal Bank of Scotland who were subject to inappropriate behaviour by that company.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	142837
answer	answer is ministerial correction date of answer 15/05/2018 answer text <p>In November 2016 the Royal Bank of Scotland (RBS) established a complaints process for small and medium-sized enterprises in their Global Restructuring Group (GRG) between 2008-2013, overseen by an independent third party, and took the decision to automatically refund complex fees paid by relevant customers to GRG during that period. RBS have set aside £400m for this scheme.</p><p> </p><p>Following a meeting with the Chief Executive of RBS I received a letter on 9 May stating that RBS have also committed to setting up an independent appeal process for consequential loss claims under the redress scheme.</p> answering member constituency Salisbury answering member printed John Glen question first answered 15/05/2018 13:44:25 answering member 4051 label Biography information for John Glen
tabling member	4061 label Biography information for Bill Esterson

849972

registered interest
date	26/02/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Royal Bank of Scotland: Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether the Government plans to respond to the findings of the Financial Conduct Authority report on RBS treatment of small businesses recently published by the Treasury Select Committee.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	129540
answer	answer is ministerial correction date of answer 01/03/2018 answer text <p>The investigation into the Royal Bank of Scotland’s (RBS) treatment of small and medium-sized enterprise customers transferred to its Global Restructuring Group is a matter for the Financial Conduct Authority (FCA), which is operationally independent of Government.</p><p> </p><p>It would not be appropriate for the Government to comment further while the FCA’s investigation is ongoing.</p><p> </p> answering member constituency Salisbury answering member printed John Glen question first answered 01/03/2018 17:22:22 answering member 4051 label Biography information for John Glen
tabling member	4061 label Biography information for Bill Esterson