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1285230
registered interest true more like this
date less than 2021-02-09more like thismore than 2021-02-09
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Infrastructure: North of England more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent assessment he has made of the effect of the level of funding allocated to the North of England from the National Infrastructure Strategy on the economy. more like this
tabling member constituency Barnsley Central remove filter
tabling member printed
Dan Jarvis more like this
uin 151718 more like this
answer
answer
is ministerial correction false more like this
date of answer remove maximum value filtermore like thismore than 2021-02-22
answer text <p>The National Infrastructure Strategy set out the government’s plan to transform the UK’s infrastructure to help level up the country and put the UK on the path to net zero emissions by 2050.</p><p> </p><p>The Strategy announced record levels of public investment in strategic roads, digital infrastructure and flood defences, alongside measures to encourage and increase private investment, such as the creation of a new infrastructure bank for the UK.</p><p> </p><p>The Strategy includes different kinds of funding commitment, from individual projects like HS2, to overarching programmes, such as £5bn for the rollout of gigabit capable broadband. A number of programmes will be administered by delivery agencies like the Environment Agency and Highways England who will allocate funding to individual projects.</p><p> </p><p>The Infrastructure and Projects Authority will publish the next iteration of its annual National Infrastructure and Construction Pipeline in 2021, as stated in the NIS, and this will list future planned investments and procurements across infrastructure and construction.</p><p> </p><p>The National Infrastructure Strategy also included a timeline of upcoming Government publications which indicated where future action can be expected.</p>
answering member constituency Saffron Walden more like this
answering member printed Kemi Badenoch remove filter
question first answered
less than 2021-02-22T09:55:15.003Zmore like thismore than 2021-02-22T09:55:15.003Z
answering member
4597
label Biography information for Kemi Badenoch more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1282937
registered interest false more like this
date less than 2021-02-02more like thismore than 2021-02-02
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Business: Government Assistance more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential merits of providing support to businesses in their first year of trading. more like this
tabling member constituency Barnsley Central remove filter
tabling member printed
Dan Jarvis more like this
uin 147854 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-02-08more like thismore than 2021-02-08
answer text <p>The Government regularly engages with businesses and representative groups to ensure support provided to businesses is appropriate, including support for those businesses recently established and in their first year of trading.</p><p>For example, the British Business Bank’s Start-Up Loans programme provides entrepreneurs starting their own businesses with loans of up to £25,000 and 12 months of dedicated mentoring support. At the Spending Review 2020, the Chancellor announced additional funding for this programme to deliver 1,000 more loans in 2021/22 than were originally funded in the March 2020 Budget.</p><p>The Government also offers generous tax incentives to investors in early stage companies looking to grow, in the shape of the Enterprise Investment Scheme (EIS) and Seed EIS (SEIS). These are intended to help tackle market failures in young companies’ access to finance by helping them raise the capital needed for their long-term growth until they have a sufficient track record to access mainstream markets.</p><p>Additionally, further reducing the tax burden on businesses, the Government has lowered the corporation tax rate from 28% in 2010 to 19% today - this is the lowest rate in the G20 and benefits over one million companies, large and small.</p><p>In addition to these measures and to support businesses through Covid, the Government has spent over £280 billion to put in place a comprehensive package of support. Businesses may be eligible to benefit from elements of this package including billions of pounds in wage support, government-backed loans and general and sector-specific grants. The Government urges businesses to visit the online Coronavirus Business Support Finder Tool for tailored information on how to access support available to them.</p>
answering member constituency Saffron Walden more like this
answering member printed Kemi Badenoch remove filter
question first answered
less than 2021-02-08T11:47:26.553Zmore like thismore than 2021-02-08T11:47:26.553Z
answering member
4597
label Biography information for Kemi Badenoch more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1276717
registered interest false more like this
date less than 2021-01-14more like thismore than 2021-01-14
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Coronavirus Business Interruption Loan Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what assessment he has made of the viability of deferring Coronavirus Business Interruption Loan Scheme repayments in the context of the introduction of additional public health restrictions in the covid-19 lockdown announced in January 2021. more like this
tabling member constituency Barnsley Central remove filter
tabling member printed
Dan Jarvis more like this
uin 137924 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-01-19more like thismore than 2021-01-19
answer text <p>CBILS capital repayments for businesses start immediately unlike the Bounce Back Loan Scheme (BBLS) where no repayments are due from the business during the first 12 months of the facility. CBILS borrowers have benefitted from the Business Interruption Payment with the Government covering their interest payments for the first 12 months of borrowing to provide additional support at this difficult time.</p><p> </p><p>Any business concerned about their ability to repay their finance should discuss this with their lender in the first instance. Given loans under CBILS are varied and resemble more traditional commercial lending, CBILS borrowers are more likely to benefit from tailored engagement with their lender if they have concerns about repayments. Lenders have an ongoing relationship with CBILS borrowers and will be best placed to provide support tailored to an individual businesses circumstance.</p><p> </p><p>The Government has amended the CBILS rules to allow lenders to extend loan terms from six to a maximum of ten years where they judge that this will help borrowers repay their loan, helping them to reduce their monthly repayments.</p>
answering member constituency Saffron Walden more like this
answering member printed Kemi Badenoch remove filter
question first answered
less than 2021-01-19T14:29:50.417Zmore like thismore than 2021-01-19T14:29:50.417Z
answering member
4597
label Biography information for Kemi Badenoch more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1276719
registered interest false more like this
date less than 2021-01-14more like thismore than 2021-01-14
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading New Businesses: Company Liquidations more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent assessment he has made of the effect on the economy of the number of businesses ceasing trading in their first year in the 2019-20 financial year. more like this
tabling member constituency Barnsley Central remove filter
tabling member printed
Dan Jarvis more like this
uin 137926 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-01-19more like thismore than 2021-01-19
answer text <p>HM Treasury regularly monitor a range of sources to assess the health of businesses and the wider corporate sector.</p><p>Official business demography statistics relating to the period 2019-20 are not yet available. The latest Office for National Statistics (ONS) Business demography series extends to 2019; this series is typically updated in November each year.</p><p> </p><p>However, the ONS Business insights and impact on the UK economy statistical series regularly captures information on the impact of the coronavirus pandemic on UK businesses and the economy. This series records the proportion of businesses that have permanently ceased trading, disaggregated by industry. This series can be found here: https://www.ons.gov.uk/economy/economicoutputandproductivity/output/datasets/businessinsightsandimpactontheukeconomy</p><p> </p><p>The Government has announced unprecedented support for public services, business and workers to protect lives and livelihoods. Our economic response to the pandemic is one of the most comprehensive globally.</p><p><strong> </strong></p><p>The independent Office for Budget Responsibility (OBR) noted in its Autumn Economic Fiscal Outlook (EFO) in November 2020 that “in the short term, this extra spending will cushion the blow to household incomes and business finances arising from the pandemic. And in the medium term, it should reduce unnecessary job losses and business failures, thus limiting any persistent ‘scarring’ of the economy’s supply capacity and future tax base.”</p><p><strong> </strong></p>
answering member constituency Saffron Walden more like this
answering member printed Kemi Badenoch remove filter
question first answered
less than 2021-01-19T14:25:34.283Zmore like thismore than 2021-01-19T14:25:34.283Z
answering member
4597
label Biography information for Kemi Badenoch more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1275229
registered interest true more like this
date less than 2021-01-11more like thismore than 2021-01-11
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Business: Coronavirus more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, when his Department plans to provide guidance to local authorities on the eligibility criteria for discretionary funding, announced on 6 January 2021. more like this
tabling member constituency Barnsley Central remove filter
tabling member printed
Dan Jarvis more like this
uin 135943 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-01-14more like thismore than 2021-01-14
answer text <p>On 5 January we announced that local authorities in England would receive an additional £500 million of funding for the Additional Restrictions Grant (ARG) to support their local businesses. This builds on the £1.1 billion of ARG funding which they have already received to support their local economies and help businesses impacted by the COVID-19 crisis. The guidance for the ARG was published in December 2020 – this guidance covers the additional £500m top up to the ARG as well as the initial allocation. We encourage local authorities to use this funding to make payments to businesses in need as quickly as possible.</p> more like this
answering member constituency Saffron Walden more like this
answering member printed Kemi Badenoch remove filter
question first answered
less than 2021-01-14T11:26:40.803Zmore like thismore than 2021-01-14T11:26:40.803Z
answering member
4597
label Biography information for Kemi Badenoch more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1273893
registered interest true more like this
date less than 2021-01-06more like thismore than 2021-01-06
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Regional Planning and Development more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what definition his Department has of the term levelling up; what metrics his Department uses to measure levelling up; and whether those metrics include targets. more like this
tabling member constituency Barnsley Central remove filter
tabling member printed
Dan Jarvis more like this
uin 133855 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-01-11more like thismore than 2021-01-11
answer text The government is levelling up opportunity across the UK. HM Treasury is committed to levelling up the economy, by ensuring strong employment and increasing productivity across the regions and nations of the UK.<p>The Spending Review established a set of provisional priority outcomes and metrics across all departments and policy areas which have been published here: <a href="https://www.gov.uk/government/publications/spending-review-2020-documents" target="_blank">https://www.gov.uk/government/publications/spending-review-2020-documents</a>.</p> more like this
answering member constituency Saffron Walden more like this
answering member printed Kemi Badenoch remove filter
question first answered
less than 2021-01-11T15:31:53.957Zmore like thismore than 2021-01-11T15:31:53.957Z
answering member
4597
label Biography information for Kemi Badenoch more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1271238
registered interest true more like this
date less than 2020-12-15more like thismore than 2020-12-15
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Bus Services: Yorkshire and the Humber more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, how much financial support has been granted to coach tour operators in (a) Barnsley Metropolitan Borough Council, (b) the Sheffield City Region and (c) Yorkshire and the Humber since the start of the covid-19 outbreak. more like this
tabling member constituency Barnsley Central remove filter
tabling member printed
Dan Jarvis more like this
uin 130081 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-01-11more like thismore than 2021-01-11
answer text <p>The Government recognises the challenging times facing the coach sector as a result of Covid-19. Throughout this crisis, the government has sought to protect people’s jobs and livelihoods, and support businesses and public services across the UK. This has included support for business through access to finance schemes (CBILS, CLBILS, Future Fund, BBLS), with over £65bn dispersed through these schemes. These measures have been designed to ensure that firms of any size receive the help they need to get through this difficult time.</p><p> </p><p>The sectoral breakdowns of these loans published by the Government shows the transport sector as a whole has received over 2,200 CBILS loans worth £500m and over 67,000 BBLS loans worth £1.7bn.</p><p> </p><p>The Government have been publishing the number of applications approved and the volume of lending under the schemes which show continued support for over a million businesses. We will continue to consider what further details could be published, balancing the need for transparency while also considering the confidential and commercial nature of this data for firms and lenders.</p><p> </p><p>HM Treasury also worked with other Departments to support key journeys, such as home to school and over the Christmas travel window, where coaches can play an important role</p><p> </p><p> </p>
answering member constituency Saffron Walden more like this
answering member printed Kemi Badenoch remove filter
question first answered
less than 2021-01-11T14:29:44.267Zmore like thismore than 2021-01-11T14:29:44.267Z
answering member
4597
label Biography information for Kemi Badenoch more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1271239
registered interest true more like this
date less than 2020-12-15more like thismore than 2020-12-15
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Bus Services: Yorkshire and the Humber more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what assessment his Department has made of the economic benefit the coach travel industry brings to the Yorkshire economy. more like this
tabling member constituency Barnsley Central remove filter
tabling member printed
Dan Jarvis more like this
uin 130082 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-01-11more like thismore than 2021-01-11
answer text Throughout this crisis, the Government’s priority has been to protect people’s jobs and livelihoods. As part of this, the Government has supported over 94,000 businesses in Yorkshire and the Humber with over £3.6 billion worth of loans through the Bounce Bank Loan Scheme and the Coronavirus Business Interruption Loan Scheme.<p> </p><p>As measures to control the virus have changed, government support has evolved and will continue to observe and address the impact the pandemic is having on the different regions and sectors.</p><p> </p> more like this
answering member constituency Saffron Walden more like this
answering member printed Kemi Badenoch remove filter
question first answered
less than 2021-01-11T14:36:42.12Zmore like thismore than 2021-01-11T14:36:42.12Z
answering member
4597
label Biography information for Kemi Badenoch more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1258757
registered interest true more like this
date less than 2020-12-07more like thismore than 2020-12-07
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Levelling Up Fund and UK Shared Prosperity Fund more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what role mayoral combined authorities will have in the (a) bidding process, (b) allocation of funding, and (c) delivery of projects, for the (i) Levelling Up Fund and (ii) UK Shared Prosperity Fund. more like this
tabling member constituency Barnsley Central remove filter
tabling member printed
Dan Jarvis more like this
uin 126038 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-12-10more like thismore than 2020-12-10
answer text <p>All local areas will be eligible for funding from the Levelling Up Fund. This is about empowering local areas to identify and bring forward genuine local priorities. We will provide further details on the bidding process and allocation of funding in a prospectus in the New Year.</p><p> </p><p>The UK Shared Prosperity Fund will target places most in need and people who face labour market barriers. We will provide further details on the bidding process and allocation of funding in a UK-wide investment framework in the spring. To help local areas prepare over 21/22 for introduction of the UK Shared Prosperity Fund, we are providing additional UK funding to support our communities to pilot programmes and new approaches. We will provide detail on allocations for 21/22 in a prospectus in the New Year.</p><p> </p> more like this
answering member constituency Saffron Walden more like this
answering member printed Kemi Badenoch remove filter
question first answered
less than 2020-12-10T13:27:35.463Zmore like thismore than 2020-12-10T13:27:35.463Z
answering member
4597
label Biography information for Kemi Badenoch more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1256943
registered interest true more like this
date less than 2020-12-01more like thismore than 2020-12-01
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Investment: North of England more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text What steps his Department is taking to increase investment in the North of England as part of the Government’s levelling up agenda. more like this
tabling member constituency Barnsley Central remove filter
tabling member printed
Dan Jarvis more like this
uin 909625 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-12-01more like thismore than 2020-12-01
answer text <p>To level up opportunity across the UK, including in the North of England, at the recent Spending Review, the Chancellor made record increases to capital investment.</p><p>This included multi-year funding settlements for programmes to drive growth in the North of England, from broadband to intra-city transport settlements.</p><p>The North will also benefit from the £4bn Levelling Up Fund, to invest in local infrastructure and economic recovery, and a new UK-wide infrastructure bank headquartered in the North.</p> more like this
answering member constituency Saffron Walden more like this
answering member printed Kemi Badenoch remove filter
question first answered
less than 2020-12-01T16:46:45.957Zmore like thismore than 2020-12-01T16:46:45.957Z
answering member
4597
label Biography information for Kemi Badenoch more like this
tabling member
4243
label Biography information for Dan Jarvis more like this