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599330

registered interest
date	11/10/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Financial Services: Internet
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what discussions he has had with financial services industry bodies on tariffs for customers who do not access services online.
tabling member constituency	Stretford and Urmston
tabling member printed	Kate Green
uin	47964
answer	answer is ministerial correction date of answer 17/10/2016 answer text <p>The Chancellor of the Exchequer has had no discussions with financial services industry bodies on tariffs for customers who do not access services online.</p><p> </p><p>The Government takes the firm view that consumers must be able to easily access clear and transparent information about their accounts with banks and other financial services companies.</p> answering member constituency Brighton, Kemptown answering member printed Simon Kirby question first answered 17/10/2016 13:51:06 answering member 3929 label Biography information for Simon Kirby
tabling member	4120 label Biography information for Kate Green

599345

registered interest
date	11/10/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Inflation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential benefits of replacing the Bank of England's two per cent inflation target with a two to three per cent inflation target averaged over the business cycle
tabling member constituency	Greenwich and Woolwich
tabling member printed	Matthew Pennycook
uin	48115
answer	answer is ministerial correction date of answer 17/10/2016 answer text <p>A comprehensive Review of the Monetary Policy Framework was published in 2013, considering the benefits and costs of a number of different monetary policy frameworks. The current remit for the Monetary Policy Committee reflects the assessment set out in the Review, which includes retaining a flexible inflation targeting framework, with a 2 per cent symmetric inflation target, as measured by the 12 month change in the Consumer Prices Index. The remit also states that the MPC may allow inflation to deviate from this target temporarily in order not to cause undesirable volatility in output due to the short-term trade-offs involved.</p><p> </p> answering member constituency Brighton, Kemptown answering member printed Simon Kirby question first answered 17/10/2016 13:43:41 answering member 3929 label Biography information for Simon Kirby
tabling member	4520 label Biography information for Matthew Pennycook

598474

registered interest
date	10/10/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Exchange Rates
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps he is taking with (a) HM Treasury and (b) the Bank of England to prepare for any fluctuations in the value of the pound during the process of negotiations on the UK leaving the EU.
tabling member constituency	Leeds Central
tabling member printed	Hilary Benn
uin	47892
answer	answer is ministerial correction date of answer 17/10/2016 answer text <p>The independent Monetary Policy Committee (MPC) has operational responsibility for monetary policy. In determining monetary policy, the MPC takes account of the impact of the exchange rate on prices, but the UK does not have an exchange rate target. Instead, the exchange rate is allowed to adjust flexibly in response to economic conditions and movements in sterling are determined by market forces.</p><p> </p> answering member constituency Brighton, Kemptown answering member printed Simon Kirby question first answered 17/10/2016 13:20:53 answering member 3929 label Biography information for Simon Kirby
tabling member	413 label Biography information for Hilary Benn

595405

registered interest
date	07/10/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Mark Carney
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether he has re-offered an extension of contract to the Governor of the Bank of England.
tabling member constituency	Bassetlaw
tabling member printed	John Mann
uin	47303
answer	answer is ministerial correction date of answer 17/10/2016 answer text <p>The Financial Services Act 2012 states that the appointment to Governor of the Bank of England is for a period of eight years and that a Governor may not be appointed more than once. The current Governor of the Bank of England was appointed on 1 July 2013 for a term of eight years, but indicated at the time that he would serve until 30 June 2018.</p><p> </p> answering member constituency Brighton, Kemptown answering member printed Simon Kirby question first answered 17/10/2016 13:48:24 answering member 3929 label Biography information for Simon Kirby
tabling member	1387 label Biography information for Lord Mann