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166244

registered interest
date	26/11/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	European Space Agency
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what recent discussions he has had with the Secretary of State for Business, Innovation and Skills regarding UK financial commitments to the European Space Agency.
tabling member constituency	Hartlepool
tabling member printed	Mr Iain Wright
uin	216162
answer	answer is ministerial correction date of answer 21/01/2015 answer text <p><strong>I can confirm that at the December 2014 ESA Council of Ministers the Government successfully negotiated a £226m funding package for ESA programmes and, to enable this, the Chancellor agreed at Autumn Statement to provide £55m of new funding to the department for Business Innovation and Skills in 2015/16. </strong></p><p> </p><p><strong> </strong></p><p> </p><p><strong>The package includes the UK taking the operational lead for first European rover mission to Mars, a further 6 years membership to the International Space Station and the leverage of significant industry investment into the UK’s satellite telecommunications sector.</strong></p><p> </p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 21/01/2015 17:34:07 answering member 1535 label Biography information for Danny Alexander
tabling member	1478 label Biography information for Mr Iain Wright

166255

registered interest
date	26/11/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Housing: Expenditure
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how much was spent on (a) housing benefit and (b) publicly-funded new homes in each year from 2010.
tabling member constituency	Tottenham
tabling member printed	Mr David Lammy
uin	216049
answer	answer is ministerial correction date of answer 18/12/2014 answer text <p>Housing benefit expenditure is publically available as part of the Benefit Expenditure and Caseload tables 2014 and is available at the following link:</p><p> </p><p><a href="https://www.gov.uk/government/statistics/benefit-expenditure-and-caseload-tables-2014" target="_blank">https://www.gov.uk/government/statistics/benefit-expenditure-and-caseload-tables-2014</a></p><p> </p><p> </p><p> </p><p>Almost 217,000 affordable homes have been delivered in England since April 2010.</p><p> </p><p> </p><p> </p><p>The Affordable Homes Programme is on track to deliver 170,000 new affordable homes between 2011 and 2015, with £19.5 billion of public and private funding.</p><p> </p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 18/12/2014 17:10:18 answering member 1535 label Biography information for Danny Alexander
tabling member	206 label Biography information for Mr David Lammy

156928

registered interest
date	20/11/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Growth: West Midlands
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will take steps to create a powerhouse for Birmingham and the West Midlands.
tabling member constituency	Redditch
tabling member printed	Karen Lumley
uin	215379
answer	answer is ministerial correction date of answer 01/12/2014 answer text <p>Maximising the economic potential of city regions is an important priority for this government, and we have a proud record of decentralisation. This year Birmingham and Solihull benefitted from a £357.4 million Growth Deal, alongside a £400 million investment in Birmingham New Street station and the exciting new HS2 project.</p><p> </p><p> </p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 01/12/2014 14:25:08 answering member 1535 label Biography information for Danny Alexander
tabling member	4023 label Biography information for Karen Lumley

156932

registered interest
date	20/11/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Hinkley Point C Power Station
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what review his Department has conducted of the financial arrangements of the funding for the Hinkley C nuclear plant.
tabling member constituency	Newport West
tabling member printed	Paul Flynn
uin	215441
answer	answer is ministerial correction date of answer 01/12/2014 answer text <p>As is usual for a project financing transaction, extensive due diligence is being carried out covering areas including:</p><p> </p><ul><li><p>Project contractual structure</p></li><li><p>Technical issues</p></li><li><p>Equity funding arrangements</p><p> </p><p>The results of the due diligence are informing the negotiation of the UK guarantee based financing.</p><p> </p></li></ul><p> </p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 01/12/2014 10:46:06 answering member 1535 label Biography information for Danny Alexander
tabling member	545 label Biography information for Paul Flynn

156809

registered interest
date	19/11/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Infrastructure
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many of the infrastructure projects prequalified under the UK Guarantees scheme have received financing since the inception of that scheme.
tabling member constituency	Glasgow North
tabling member printed	Ann McKechin
uin	215290
answer	answer is ministerial correction date of answer 28/11/2014 answer text <p>Six guarantees and one stand-by facility, with a capital value of over £3 billion, have been issued to projects through the legislation underpinning the UK Guarantees Scheme.</p><p> </p><p> </p><p> </p><p>Twelve additional projects that were previously prequalified reached financial close without using the scheme.</p><p> </p><p> </p><p> </p><p>A list of prequalified projects and those issued guarantees can be found at the following link:</p><p> </p><p> </p><p> </p><p><a href="https://www.gov.uk/government/publications/uk-guarantees-scheme-prequalified-projects/uk-guarantees-scheme-table-of-prequalified-projects" target="_blank">https://www.gov.uk/government/publications/uk-guarantees-scheme-prequalified-projects/uk-guarantees-scheme-table-of-prequalified-projects</a></p><p> </p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 28/11/2014 14:07:02 answering member 1535 label Biography information for Danny Alexander
tabling member	1419 label Biography information for Ann McKechin

156810

registered interest
date	19/11/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Infrastructure
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 for UK pension funds to invest in public infrastructure projects.
tabling member constituency	Glasgow North
tabling member printed	Ann McKechin
uin	215264
answer	answer is ministerial correction date of answer 01/12/2014 answer text <p>Institutional investors, including pension funds, are a promising source of investment in UK infrastructure. Institutional investors are particularly relevant for infrastructure as they are looking for longer term investments to match defined liabilities that are realised when claims are made for pension or insurance purposes.</p><p> </p><p> </p><p> </p><p>The government is encouraging greater involvement of institutional investors in UK infrastructure. The Pensions Infrastructure Platform (PIP) was announced in 2011 to help make infrastructure investment more accessible to pension funds. Earlier this year, 7 pension funds agreed to invest £100 million each. In February 2014 the PIP launched its first equity fund with a cap of £500 million, of which £250 million was committed, and has made a number of investments. The government also set up the Insurers’ Infrastructure Investment Forum to give members of the Association of British Insurers (ABI) a direct communication link to government, exploring ways to maximise opportunities for insurance fund managers to invest in UK infrastructure. In December 2013, six insurers – Aviva, Friends Life, Legal &amp; General, Prudential, Scottish Widows and Standard Life – said they will work alongside partners with the aim of delivering £25 billion of investment in UK infrastructure in the next five years.</p><p> </p><p> </p><p> </p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 01/12/2014 14:23:12 answering member 1535 label Biography information for Danny Alexander
tabling member	1419 label Biography information for Ann McKechin

156823

registered interest
date	19/11/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Railways: Fares
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 4 November 2014 to Question 213271, what the estimated cost to the Exchequer in the calendar year 2015 will be of (a) raising regulated national rail fares by the retail price index (RPI), (b) raising Transport for London rail fares by RPI and (c) removing train operators' flexibility to vary regulated fare levels within the basket of fares.
tabling member constituency	Nottingham South
tabling member printed	Lilian Greenwood
uin	215333
answer	answer is ministerial correction date of answer 28/11/2014 answer text <p>The estimated cost to the taxpayer, to the end of March 2016, of raising regulated national rail fares by the retail price index (RPI) in January 2015 is £39m.</p><p> </p><p> </p><p> </p><p>The estimated cost to the taxpayer, to the end of March 2016, of raising Transport for London rail fares by the retail price index (RPI) in January 2015 is £43m.</p><p> </p><p> </p><p> </p><p>The estimated cost to the taxpayer, to the end of March 2016, of removing operators’ flexibility to vary regulated fare levels within the basket of fares in January 2015 is £14m.</p><p> </p><p> </p><p> </p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 28/11/2014 14:09:27 answering member 1535 label Biography information for Danny Alexander
tabling member	4029 label Biography information for Lilian Greenwood

156169

registered interest
date	18/11/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Corporation Tax: Northern Ireland
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 the Northern Ireland Executive on the devolution of corporation tax in 2014.
tabling member constituency	Lagan Valley
tabling member printed	Mr Jeffrey M. Donaldson
uin	215036
answer	answer is ministerial correction date of answer 21/11/2014 answer text <p>In 2013 the UK Government and Northern Ireland Executive signed an economic pact taking forward a constructive and positive programme of work examining the potential for devolving Corporation Tax powers to the Northern Ireland Assembly.</p><p> </p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 21/11/2014 12:57:24 answering member 1535 label Biography information for Danny Alexander
tabling member	650 label Biography information for Sir Jeffrey M Donaldson

156178

registered interest
date	18/11/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Infrastructure
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what the reason is for the difference in the number of projects and programmes listed in the infrastructure pipeline data published by his Department in 2013 and 2014.
tabling member constituency	Barnsley Central
tabling member printed	Dan Jarvis
uin	215093
answer	answer is ministerial correction date of answer 21/11/2014 answer text <p>The government’s commitment to supporting infrastructure investment and delivery is a key element of its long-term economic plan. The infrastructure pipeline, now published twice a year, is a forward-looking bottom up assessment of planned infrastructure investment across the public and private sectors. It enhances visibility and certainty for investors and the supply chain and allows government to work more effectively to ensure that the UK’s infrastructure needs are met.</p><p> </p><p>The value of the infrastructure pipeline increased to £383bn at the 2014 summer refresh from £375bn in December 2013.</p><p> </p><p>The infrastructure pipeline published in December 2013 included a number of individual energy projects being considered by developers. However, as set out in the National Infrastructure Plan 2013 and in the pipeline itself, the number of potential projects being considered by developers exceeds expected demand. It is a sign of a competitive market when developers are considering more schemes than will be required, allowing only the most competitive schemes to come forward into development. Weighted assumptions were applied to the overall energy investment figures in the 2013 pipeline to reflect this.</p><p> </p><p>At the summer refresh, to provide as much clarity as possible for industry and investors, it was decided only to name energy projects where a final investment decision or other firm commitment had been made to a project as opposed to the previous approach which was largely based on those projects that had applied for connections. The remainder of the money which is anticipated to be spent in generation was then included in a balancing line. This reflects the fact that the government makes no judgment on the outcome of the competitive process between developers. This change in presentational structure did not affect the underlying modelling assumptions regarding the amount of anticipated investment.</p><p> </p><p> </p><p> </p><p>The flood section of the pipeline in the December 2013 publication contained a large number of very small projects. At the summer refresh, the smaller schemes were grouped in to the Regional Flood and Coastal Committee programmes, with only the larger schemes being listed out individually. Further details on the full programme of works is available via the Environment Agency website. As with the changes to the energy section of the pipeline, this is for ease of reference and does not reflect any change to the overall level of planned floods investment.</p><p> </p><p>An update of the pipeline will be published alongside the National Infrastructure Plan this December</p><p> </p><p> </p><p> </p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 21/11/2014 13:19:43 answering member 1535 label Biography information for Danny Alexander
tabling member	4243 label Biography information for Dan Jarvis

156179

registered interest
date	18/11/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	NHS: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what representations he has received which make a case for more funding to be allocated to the NHS in the autumn statement.
tabling member constituency	Copeland
tabling member printed	Mr Jamie Reed
uin	215080
answer	answer is ministerial correction date of answer 21/11/2014 answer text <p>We receive many representatives across policy areas for the Autumn Statement.</p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 21/11/2014 12:59:47 answering member 1535 label Biography information for Danny Alexander
tabling member	1503 label Biography information for Mr Jamie Reed