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446979

registered interest
date	22/01/2016
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Green Investment Bank: Privatisation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, if he will place in the Library any document which provide an evidential basis for the Government's decision to privatise the Green Investment Bank.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	23730
answer	answer is ministerial correction date of answer 27/01/2016 answer text The background to the Government’s decision to introduce private capital into the Green Investment Bank (GIB) can be found in the policy document entitled “Future of the Green Investment Bank plc” that was published on 18 November on GOV.UK. In addition to this, the Government has also introduced provisions to the Enterprise Bill which require a report to be laid before Parliament once a decision to undertake a sale has been made. The report must set out the type of sale, the expected timescale, and the Government’s objectives for the sale. answering member constituency Broxtowe answering member printed Anna Soubry question first answered 27/01/2016 17:09:08 answering member 3938 label Biography information for Anna Soubry
tabling member	1400 label Biography information for Kevin Brennan

446980

registered interest
date	22/01/2016
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Defence and Security Organisation: Saudi Arabia
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, if he will publish details of UK Trade and Investment Defence and Security Organisation meetings with Saudi Arabian officials.
tabling member constituency	Hammersmith
tabling member printed	Andy Slaughter
uin	23721
answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>Since May 2015 UK Trade and Investment Defence and Security Organisation (UKTI DSO) officials have met with Saudi Arabian officials from the Ministry of National Guard, Ministry of Interior, Ministry of Defence, King Abulaziz City for Science and Technology, Ministry of Municipalities and Rural Affairs, ArRiyadh Development Authority and Ministry of Foreign Affairs.</p><br /> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 27/01/2016 17:07:11 answering member 3938 label Biography information for Anna Soubry
tabling member	1516 label Biography information for Andy Slaughter

446982

registered interest
date	22/01/2016
answering body	Department for Energy and Climate Change
answering dept id	63
answering dept short name	Energy and Climate Change
answering dept sort name	Energy and Climate Change
hansard heading	Renewable Energy: Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy and Climate Change, what assessment she has made of the effect of recent changes to wind and solar power regulations on investor confidence in the green economy.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	23760
answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>DECC is committed to providing investors with certainty and recognises the importance of the financial markets in the energy sector. We are engaging regularly with developers and investors on how policy decisions impact their investments, both present and future.</p><br /><p>In order to protect investor confidence, DECC has made it clear that no onshore wind or solar projects already accredited and that have started to receive support under subsidy schemes will be affected by the recent regulatory changes. We have provided grace periods and exceptions to the removal of grandfathering to protect those who have already made significant financial commitments or who experience grid delays.</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 27/01/2016 14:01:33 answering member 4117 label Biography information for Andrea Leadsom
tabling member	1400 label Biography information for Kevin Brennan

446992

registered interest
date	22/01/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Department for Business, Innovation and Skills: Public Expenditure
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 24 July 2015 to Question 7618, what was factored into the budget of the Department for Business, Innovation and Skills in the 2015 Spending Review as a result of the decision to end student maintenance grants in England.
tabling member constituency	Llanelli
tabling member printed	Nia Griffith
uin	23788
answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>Replacing maintenance grants with higher maintenance loans is putting additional cash in the hands of students to enable them to go to university. Building up from 2017-18, this is estimated to save £2.5bn a year from public sector net borrowing in steady state given expected student number growth. This change was accounted for in the Spending Review settlement for the Department for Business, Innovation and Skills. The Barnett formula was applied in the usual way.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 27/01/2016 14:48:15 answering member 1526 label Biography information for Greg Hands
tabling member	1541 label Biography information for Dame Nia Griffith

446993

registered interest
date	22/01/2016
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Universal Credit
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Work and Pensions, how many claimants are expected to be affected by the changes to the income thresholds in tax credits and work allowances in universal credit in each year from 2015-16 to 2020-21.
tabling member constituency	East Ham
tabling member printed	Stephen Timms
uin	23789
answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>Following the 2015 Autumn Statement tax credit taper rates and income thresholds remain unchanged. Therefore no claimants will be affected.</p><p>The information requested is not available and could only be provided at disproportionate cost.</p> answering member constituency Witham answering member printed Priti Patel question first answered 27/01/2016 16:44:51 answering member 4066 label Biography information for Priti Patel
tabling member	163 label Biography information for Sir Stephen Timms

446994

registered interest
date	22/01/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Sanitary Products: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what progress he has made on allocating money raised from VAT on sanitary products to women's groups; where that money has been allocated; and how local groups may apply for funding support.
tabling member constituency	Airdrie and Shotts
tabling member printed	Neil Gray
uin	23768
answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>Initial donations from the sanitary products VAT women’s charities fund totalling £5 million have been made to support The Eve Appeal, SafeLives and Women’s Aid, and The Haven. Further donations and recipients will be announced at Budget 2016, and further rounds of donations will follow at future fiscal events.</p><br /><p>Charities interested in applying should email the Treasury directly at <a href="mailto:Tampontax.Fund@hmtreasury.gsi.gov.uk" target="_blank">Tampontax.Fund@hmtreasury.gsi.gov.uk</a> stating their interest in the fund, including an overview of the nature of their proposal and the amount they are requesting. Following this they will be given further details of the bidding process and the detailed information required.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 27/01/2016 16:12:51 answering member 1529 label Biography information for Mr David Gauke
tabling member	4365 label Biography information for Neil Gray

446995

registered interest
date	22/01/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Balance of Payments
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what meetings he has had on the growth of the current account deficit.
tabling member constituency	Feltham and Heston
tabling member printed	Seema Malhotra
uin	23769
answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>The Chancellor and the Governor of the Bank of England are statutorily required to meet to discuss the Financial Stability Report (FSR), and any other matters relating to the stability of the UK financial system, as soon as is reasonably practicable after the publication of the report.</p><br /><p>At the most recent of these meetings—following the July 2015 FSR—the current account was discussed and the details of the meeting are published online by the Treasury at www.gov.uk.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin grouped question UIN 23772 question first answered 27/01/2016 16:10:37 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4253 label Biography information for Seema Malhotra

446996

registered interest
date	22/01/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Balance of Payments
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 consequences of the current account deficit on the UK economy; and if he will make a statement.
tabling member constituency	Feltham and Heston
tabling member printed	Seema Malhotra
uin	23770
answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>Despite narrowing in Q3 2015 to -3.7 per cent of GDP, the current account deficit remains high by historical standards. The widening in the UK current account deficit in recent years has been driven by a deterioration in the UK’s net investment income from abroad, while the trade deficit has continued to improve. The Office for Budget Responsibility expect the income account to “improve gradually over the forecast period” as the factors that have temporarily depressed the returns on the UK’s net assets are expected to recede, and the current account deficit continues to narrow to -2.1 per cent by 2020. Furthermore, the government’s plan to complete the repair of the public finances will support a gradual narrowing of the current account deficit, limiting any effect on the exchange rate, though we remain vigilant to the risks.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 27/01/2016 16:09:33 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4253 label Biography information for Seema Malhotra

446997

registered interest
date	22/01/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Balance of Payments
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 effect of the increasing current account deficit on the UK economy.
tabling member constituency	Feltham and Heston
tabling member printed	Seema Malhotra
uin	23771
answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>Despite narrowing in Q3 2015 to -3.7 per cent of GDP, the current account deficit remains high by historical standards. The widening in the UK current account deficit in recent years has been driven by a deterioration in the UK’s net investment income from abroad, while the trade deficit has continued to improve. The Office for Budget Responsibility expect the income account to “improve gradually over the forecast period” as the factors that have temporarily depressed the returns on the UK’s net assets are expected to recede, and the current account deficit continues to narrow to -2.1 per cent by 2020. Furthermore, the government’s plan to complete the repair of the public finances will support a gradual narrowing of the current account deficit, limiting any effect on the exchange rate, though we remain vigilant to the risks.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 27/01/2016 15:56:55 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4253 label Biography information for Seema Malhotra

446998

registered interest
date	22/01/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Balance of Payments
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether he has met with representatives from the Bank of England on the current account deficit; and if he will make a statement.
tabling member constituency	Feltham and Heston
tabling member printed	Seema Malhotra
uin	23772
answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>The Chancellor and the Governor of the Bank of England are statutorily required to meet to discuss the Financial Stability Report (FSR), and any other matters relating to the stability of the UK financial system, as soon as is reasonably practicable after the publication of the report.</p><br /><p>At the most recent of these meetings—following the July 2015 FSR—the current account was discussed and the details of the meeting are published online by the Treasury at www.gov.uk.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin grouped question UIN 23769 question first answered 27/01/2016 16:10:37 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4253 label Biography information for Seema Malhotra