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61351

registered interest
date	11/06/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Thames Tideway Tunnel
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the ability of Thames Water to service the costs of building the proposed Thames Tideway Tunnel.
tabling member constituency	Carmarthen East and Dinefwr
tabling member printed	Jonathan Edwards
uin	200297
answer	answer is ministerial correction date of answer 17/06/2014 answer text <p><strong>The Government's Reasons for Specification Notice, published on 5 June 2014, explains in detail why the Government believes that the project is of a scale and complexity that would threaten Thames Water's ability to provide services to its customers. Paragraphs 21 to 35 provide this explanation.</strong></p><p> </p><p><strong>The Reasons Notice is available from the following link: </strong></p><p> </p><p><strong><a href="https://www.gov.uk/government/publications/thames-tideway-tunnel-project-specification-and-preparatory-work-notices" target="_blank">https://www.gov.uk/government/publications/thames-tideway-tunnel-project-specification-and-preparatory-work-notices</a></strong></p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 17/06/2014 15:19:26 answering member 1535 label Biography information for Danny Alexander
tabling member	3943 label Biography information for Jonathan Edwards

61352

registered interest
date	11/06/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Infrastructure
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, which infrastructure projects have accessed the UK Guarantees scheme; and how much funding was issued in each such case.
tabling member constituency	Carmarthen East and Dinefwr
tabling member printed	Jonathan Edwards
uin	200328
answer	answer is ministerial correction date of answer 17/06/2014 answer text <p>Three guarantees and one Stand-by Facility have been signed under the UK Guarantees Scheme with a total value of £1,090,800,000. This includes Drax Power (£75m), Sustainable Development Capital – UK Energy Efficiency Investment Funds (£8.8m), Northern Line Extension (£750m) and Mersey Gateway Bridge (£257m).</p><p> </p><p>Any guarantees signed are reported to Parliament as required by the legislation, Infrastructure (Financial Assistance) Act 2012, underpinning the Scheme and can also be found on the gov.uk website.</p><p> </p><p> </p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 17/06/2014 15:18:07 answering member 1535 label Biography information for Danny Alexander
tabling member	3943 label Biography information for Jonathan Edwards

61353

registered interest
date	11/06/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Thames Tideway Tunnel
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what financial risk assessment he has carried out in respect of offering guarantees for the proposed Thames Tideway Tunnel.
tabling member constituency	Carmarthen East and Dinefwr
tabling member printed	Jonathan Edwards
uin	200335
answer	answer is ministerial correction date of answer 17/06/2014 answer text <p><strong>The Government has not proposed a guarantee for the Thames Tideway Tunnel. It has instead put in place a package of contingent financial support designed to cover low probability but high impact risks, prioritising the delivery of value for money for both taxpayers and customers. Further details are provided by the Secretary of State for Environment, Food and Rural Affairs in a Written Ministerial Statement on 5 June. </strong></p><p> </p><p><strong>This statement is published in Hansard at: <a href="http://www.publications.parliament.uk/pa/cm201415/cmhansrd/cm140605/wmstext/140605m0001.htm#14060532000008" target="_blank">http://www.publications.parliament.uk/pa/cm201415/cmhansrd/cm140605/wmstext/140605m0001.htm#14060532000008</a></strong></p><p> </p><p> </p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 17/06/2014 15:20:50 answering member 1535 label Biography information for Danny Alexander
tabling member	3943 label Biography information for Jonathan Edwards

60601

registered interest
date	09/06/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	A120
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will add to the National Infrastructure Plan a scheme to upgrade and improve the A120 between Braintree and Marks Tey.
tabling member constituency	Witham
tabling member printed	Priti Patel
uin	199719
answer	answer is ministerial correction date of answer 16/06/2014 answer text <p>This Government recognises the importance of transport infrastructure to support the economy and, as set out in the National Infrastructure Plan 2013, has already announced over £28 billion of funding for enhancements and maintenance of national and local roads</p><p> </p><p>The specific schemes identified in the National Infrastructure Plan 2013 have the ability to complete or begin their construction in the next Parliament. Proposals for improvements to the A120 between Braintree and Marks Tey are not yet sufficiently developed to be included in the Highways Agency pipeline of future projects, and are therefore not currently included in the National Infrastructure Plan.</p><p> </p><p> </p><p>However, the A120 is being looked at by the Highways Agency as part of its work on the East of England Route Strategy, which will look to determine the nature, need and timing of future investment that might be required. I would encourage you to engage with the Highways Agency's route strategy process.</p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 16/06/2014 14:41:17 answering member 1535 label Biography information for Danny Alexander
tabling member	4066 label Biography information for Priti Patel

60657

registered interest
date	09/06/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Private Finance Initiative
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will assess the merits of introducing tax-rate floors to contracts involving Private Finance Initiative arrangements.
tabling member constituency	Dover
tabling member printed	Charlie Elphicke
uin	199713
answer	answer is ministerial correction date of answer 16/06/2014 answer text <p>In December 2012, the Government launched Private Finance 2 (PF2). PF2 introduces significant reforms to the Private Finance Initiative (PFI) and gives a new approach to the delivery of public infrastructure. It is based on the outcomes of a wide call for evidence held across both the public and private sectors.</p><p> </p><p>The Government seeks to ensure that the UK tax system is competitive for all companies and that the UK is an attractive place to do business, while retaining proportionate anti-avoidance protection.</p><p> </p><p> </p><p>A special purpose vehicle set up for the purposes of delivering a PFI project is no different from any other corporate entity and is therefore required to pay corporation tax in accordance with government rules.</p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 16/06/2014 14:43:06 answering member 1535 label Biography information for Danny Alexander
tabling member	3971 label Biography information for Charlie Elphicke