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1462539

registered interest
date	12/05/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bounce Back Loan Scheme
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make an estimate of the value of loans issued through the Bounce Back Loan Scheme at risk of being used to fund terrorist organisations.
tabling member constituency	Erith and Thamesmead
tabling member printed	Abena Oppong-Asare
uin	1370
answer	answer is ministerial correction date of answer 17/05/2022 answer text <p>Bounce Back Loans were offered by accredited lenders who were required to carry out appropriate anti-money laundering and know-your-customer checks on applications.</p><p> </p><p>In the event that lenders have concerns in regard to a loan already issued, they are responsible for recovering funds or referring the organisations to law enforcement agencies for investigation and recovery. In order to support these efforts, at Spring Statement the government provided £13.2m additional funding for the National Investigation Service to investigate fraud and financial crime against the scheme.</p> answering member constituency Salisbury answering member printed John Glen question first answered 17/05/2022 15:01:30 answering member 4051 label Biography information for John Glen
tabling member	4820 label Biography information for Abena Oppong-Asare

1462561

registered interest
date	12/05/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Northern Ireland Protocol
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will publish the Government's economic impact assessment on unilateral action by the Government on the Northern Ireland Protocol.
tabling member constituency	Oxford West and Abingdon
tabling member printed	Layla Moran
uin	1317
answer	answer is ministerial correction date of answer 17/05/2022 answer text <p>It is for the Office for Budget Responsibility to provide and publish economic and fiscal forecasting.</p><p> </p><p>The Government’s overriding priority has been, and continues to be, preserving peace and stability in Northern Ireland. Peace in Northern Ireland is based on respect between all communities and the consent of those communities. We urge our partners in the EU to work with us to deliver changes to the Protocol. If we cannot find the solutions we need, we will take the steps necessary to protect all dimensions of the Belfast (Good Friday) Agreement.</p> answering member constituency Salisbury answering member printed John Glen question first answered 17/05/2022 15:06:55 answering member 4051 label Biography information for John Glen
tabling member	4656 label Biography information for Layla Moran

1462588

registered interest
date	12/05/2022
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, whether he had recent discussions with FRP Advisory on the collapse of Safe Hands Funeral Plans.
tabling member constituency	Midlothian
tabling member printed	Owen Thompson
uin	1232
answer	answer is ministerial correction date of answer 17/05/2022 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) from 29 July 2022. When FCA regulation takes effect, funeral plan providers will need to be authorised by the FCA in order to enter into or carry out funeral plan contracts.</p><p>Safe Hands Plans has recently gone into administration. The government understands that this development will be concerning for customers of Safe Hands and continues to monitor the implementation of regulation in this sector closely.</p><p> </p><p>I was very pleased to see Dignity’s recent commitment to provide ongoing support to Safe Hands’ customers for the next six months. This will ensure that any planholders who pass away during this time will receive a funeral without any additional charge.</p><p> </p><p>While the FCA does not yet regulate funeral plan providers, it is supporting the administrators and the wider industry as they look to find a longer-term solution for Safe Hands’ customers.</p><p> </p><p>It is unfortunate but unavoidable that bringing a previously unregulated sector into regulation – whatever form that may take – creates a possibility that some providers are not able to meet the threshold for authorisation. However, a well-regulated market should promote effective competition and drive better outcomes for consumers in the long-term.</p><p> </p><p>Where a provider is unable to obtain FCA authorisation because of underlying issues, it is important to understand that this is not an issue created by bringing the sector into regulation. Rather, bringing the sector into regulation exposes these unsustainable business models and prevents these problems from getting worse.</p><p> </p><p>The government understands that the rising cost of living is making life harder for people. These are global challenges: however, as set out in the Spring Statement, the government is providing support worth over £22 billion in 2022-23 to help families with these pressures.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 1233 1234 question first answered 17/05/2022 15:05:28 answering member 4051 label Biography information for John Glen
tabling member	4482 label Biography information for Owen Thompson

1462594

registered interest
date	12/05/2022
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, if he will introduce a package of protection for previous policy holders with Safe Hands Funeral Plans.
tabling member constituency	Midlothian
tabling member printed	Owen Thompson
uin	1233
answer	answer is ministerial correction date of answer 17/05/2022 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) from 29 July 2022. When FCA regulation takes effect, funeral plan providers will need to be authorised by the FCA in order to enter into or carry out funeral plan contracts.</p><p>Safe Hands Plans has recently gone into administration. The government understands that this development will be concerning for customers of Safe Hands and continues to monitor the implementation of regulation in this sector closely.</p><p> </p><p>I was very pleased to see Dignity’s recent commitment to provide ongoing support to Safe Hands’ customers for the next six months. This will ensure that any planholders who pass away during this time will receive a funeral without any additional charge.</p><p> </p><p>While the FCA does not yet regulate funeral plan providers, it is supporting the administrators and the wider industry as they look to find a longer-term solution for Safe Hands’ customers.</p><p> </p><p>It is unfortunate but unavoidable that bringing a previously unregulated sector into regulation – whatever form that may take – creates a possibility that some providers are not able to meet the threshold for authorisation. However, a well-regulated market should promote effective competition and drive better outcomes for consumers in the long-term.</p><p> </p><p>Where a provider is unable to obtain FCA authorisation because of underlying issues, it is important to understand that this is not an issue created by bringing the sector into regulation. Rather, bringing the sector into regulation exposes these unsustainable business models and prevents these problems from getting worse.</p><p> </p><p>The government understands that the rising cost of living is making life harder for people. These are global challenges: however, as set out in the Spring Statement, the government is providing support worth over £22 billion in 2022-23 to help families with these pressures.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 1232 1234 question first answered 17/05/2022 15:05:28 answering member 4051 label Biography information for John Glen
tabling member	4482 label Biography information for Owen Thompson

1462601

registered interest
date	12/05/2022
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 assessment he has made of the impact of the collapse of Safe Hands Funeral Plans on increases on the cost of living.
tabling member constituency	Midlothian
tabling member printed	Owen Thompson
uin	1234
answer	answer is ministerial correction date of answer 17/05/2022 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) from 29 July 2022. When FCA regulation takes effect, funeral plan providers will need to be authorised by the FCA in order to enter into or carry out funeral plan contracts.</p><p>Safe Hands Plans has recently gone into administration. The government understands that this development will be concerning for customers of Safe Hands and continues to monitor the implementation of regulation in this sector closely.</p><p> </p><p>I was very pleased to see Dignity’s recent commitment to provide ongoing support to Safe Hands’ customers for the next six months. This will ensure that any planholders who pass away during this time will receive a funeral without any additional charge.</p><p> </p><p>While the FCA does not yet regulate funeral plan providers, it is supporting the administrators and the wider industry as they look to find a longer-term solution for Safe Hands’ customers.</p><p> </p><p>It is unfortunate but unavoidable that bringing a previously unregulated sector into regulation – whatever form that may take – creates a possibility that some providers are not able to meet the threshold for authorisation. However, a well-regulated market should promote effective competition and drive better outcomes for consumers in the long-term.</p><p> </p><p>Where a provider is unable to obtain FCA authorisation because of underlying issues, it is important to understand that this is not an issue created by bringing the sector into regulation. Rather, bringing the sector into regulation exposes these unsustainable business models and prevents these problems from getting worse.</p><p> </p><p>The government understands that the rising cost of living is making life harder for people. These are global challenges: however, as set out in the Spring Statement, the government is providing support worth over £22 billion in 2022-23 to help families with these pressures.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 1232 1233 question first answered 17/05/2022 15:05:28 answering member 4051 label Biography information for John Glen
tabling member	4482 label Biography information for Owen Thompson

1463385

registered interest
date	11/05/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Fiscal Policy: Cost of Living
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the effect of his fiscal policies on the cost of living.
tabling member constituency	East Renfrewshire
tabling member printed	Kirsten Oswald
uin	900063
answer	answer is ministerial correction date of answer 17/05/2022 answer text <p>The government understands how the rising cost of living is making life harder for people. These are global challenges however, as set out in the Spring Statement, the government is providing support worth over £22 billion in 2022-23 to help families with these pressures.</p><p> </p><p>For example, a typical family with 2 children where one adult is on the average employee salary and the other works 16 hours at the NLW will be around than £3,000 a year better off as a result of recent government action, notably the NICs primary threshold change, UC taper rate and work allowance changes, and increase in the National Living Wage, even taking account the introduction of the Health and Social Care Levy.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 900064 900068 900072 900073 question first answered 17/05/2022 15:11:07 answering member 4051 label Biography information for John Glen
tabling member	4413 label Biography information for Kirsten Oswald

1463386

registered interest
date	11/05/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cost of Living
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 tackle increases in the cost of living.
tabling member constituency	Manchester, Gorton
tabling member printed	Afzal Khan
uin	900064
answer	answer is ministerial correction date of answer 17/05/2022 answer text <p>The government understands how the rising cost of living is making life harder for people. These are global challenges however, as set out in the Spring Statement, the government is providing support worth over £22 billion in 2022-23 to help families with these pressures.</p><p> </p><p>For example, a typical family with 2 children where one adult is on the average employee salary and the other works 16 hours at the NLW will be around than £3,000 a year better off as a result of recent government action, notably the NICs primary threshold change, UC taper rate and work allowance changes, and increase in the National Living Wage, even taking account the introduction of the Health and Social Care Levy.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 900063 900068 900072 900073 question first answered 17/05/2022 15:11:07 answering member 4051 label Biography information for John Glen
tabling member	4671 label Biography information for Afzal Khan

1463387

registered interest
date	11/05/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cost of Living: Households
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what fiscal steps he is taking to help reduce the impact of the rise in the cost of living on households.
tabling member constituency	Merthyr Tydfil and Rhymney
tabling member printed	Gerald Jones
uin	900068
answer	answer is ministerial correction date of answer 17/05/2022 answer text <p>The government understands how the rising cost of living is making life harder for people. These are global challenges however, as set out in the Spring Statement, the government is providing support worth over £22 billion in 2022-23 to help families with these pressures.</p><p> </p><p>For example, a typical family with 2 children where one adult is on the average employee salary and the other works 16 hours at the NLW will be around than £3,000 a year better off as a result of recent government action, notably the NICs primary threshold change, UC taper rate and work allowance changes, and increase in the National Living Wage, even taking account the introduction of the Health and Social Care Levy.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 900063 900064 900072 900073 question first answered 17/05/2022 15:11:07 answering member 4051 label Biography information for John Glen
tabling member	4501 label Biography information for Gerald Jones

1463389

registered interest
date	11/05/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Fiscal Policy: Cost of Living
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the effect of his fiscal policies on the cost of living.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Gavin Newlands
uin	900072
answer	answer is ministerial correction date of answer 17/05/2022 answer text <p>The government understands how the rising cost of living is making life harder for people. These are global challenges however, as set out in the Spring Statement, the government is providing support worth over £22 billion in 2022-23 to help families with these pressures.</p><p> </p><p>For example, a typical family with 2 children where one adult is on the average employee salary and the other works 16 hours at the NLW will be around than £3,000 a year better off as a result of recent government action, notably the NICs primary threshold change, UC taper rate and work allowance changes, and increase in the National Living Wage, even taking account the introduction of the Health and Social Care Levy.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 900063 900064 900068 900073 question first answered 17/05/2022 15:11:07 answering member 4051 label Biography information for John Glen
tabling member	4420 label Biography information for Gavin Newlands

1463390

registered interest
date	11/05/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cost of Living: Households
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what fiscal steps he is taking to reduce the impact on households of the rise in the cost of living.
tabling member constituency	Wirral South
tabling member printed	Alison McGovern
uin	900073
answer	answer is ministerial correction date of answer 17/05/2022 answer text <p>The government understands how the rising cost of living is making life harder for people. These are global challenges however, as set out in the Spring Statement, the government is providing support worth over £22 billion in 2022-23 to help families with these pressures.</p><p> </p><p>For example, a typical family with 2 children where one adult is on the average employee salary and the other works 16 hours at the NLW will be around than £3,000 a year better off as a result of recent government action, notably the NICs primary threshold change, UC taper rate and work allowance changes, and increase in the National Living Wage, even taking account the introduction of the Health and Social Care Levy.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 900063 900064 900068 900072 question first answered 17/05/2022 15:11:07 answering member 4051 label Biography information for John Glen
tabling member	4083 label Biography information for Alison McGovern