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1355044

registered interest
date	13/09/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Carbon Emissions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate his Department has made of the level of spending required in 2021-22 for the transition to achieve net zero.
tabling member constituency	Croydon Central
tabling member printed	Sarah Jones
uin	48334
answer	answer is ministerial correction date of answer 16/09/2021 answer text <p>The Spending Review 2020 allocated funding for 2021/22, and the full settlement can be found: <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>. Spending Review 2021 is currently ongoing and is due to be published on the 27<sup>th</sup> October. This will include allocation of spending up to 2024/25.</p><p>At Spending Reviews, departments follow Green Book guidance to both understand the wider strategic context of their policies, including their contribution to Net Zero, and assess all costs and benefits of their bids, including climate and environmental impacts. At the Treasury we consider these impacts when we assess the value for money of different spending programmes and the benefits they would deliver.</p><p>At Spending Review 2020, we required departments to improve the information they provided about the impact on greenhouse gas emissions from their spending bids. We have written out to departments with our expectations to improve data collection on emissions for Spending Review 2021.</p> answering member constituency Salisbury answering member printed John Glen question first answered 16/09/2021 09:47:33 answering member 4051 label Biography information for John Glen
tabling member	4631 label Biography information for Sarah Jones

1354361

registered interest
date	09/09/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Trader Support Service
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, (a) how many businesses have signed up to the Trader Support Service and (b) and what the cost to the public purse has been of operating that service since that service was launched.
tabling member constituency	Upper Bann
tabling member printed	Carla Lockhart
uin	45951
answer	answer is ministerial correction date of answer 16/09/2021 answer text <p>The Trader Support Service (TSS) currently has 41,446 Traders registered to use the service. The total spend on the Trader Support Service, since the service was launched to August 2021, is £164 million (including VAT).</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 16/09/2021 13:59:27 answering member 3991 label Biography information for Jesse Norman
tabling member	4857 label Biography information for Carla Lockhart

1353796

registered interest
date	08/09/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Coronavirus Job Retention Scheme
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent estimate he has made of the potential impact of the end of the Coronavirus Job Retention Scheme on the number of jobs that will be retained.
tabling member constituency	Enfield North
tabling member printed	Feryal Clark
uin	45289
answer	answer is ministerial correction date of answer 16/09/2021 answer text <p>The Coronavirus Job Retention Scheme was designed as a temporary, economy-wide measure to support businesses while widespread restrictions were in place. Providing support to the end of September strikes the right balance between continuing to support the economy as it opens up and ensuring incentives are in place to get people back to work as demand returns.</p><p> </p><p>This approach has worked; at the start of this crisis, unemployment was expected to reach 12 per cent or more. It is now expected to peak at about half of that level. That means almost 2 million fewer people out of work than previously feared. The Bank of England’s Monetary Policy Report (MPR) forecasts that the unemployment rate will on average be around 4.7% across Q3 and Q4, a downwards revision from the May MPR which projected unemployment to peak at 5.4% in Q3 and below the OBR Spring forecast (6.5% in the final quarter of 2021).</p><p> </p><p>Moreover, the labour market is recovering rapidly with reopening of the economy in line with the roadmap. Flash HMRC PAYE data for July showed the number of paid employees increased for the eighth consecutive month. The unemployment rate stood at 4.7% in the 3 months to June 2021, down from a peak of 5.2% in the 3 months to December 2020.</p><p> </p><p>Vacancies in the three months to July 2021 continued to rise, reaching record levels and are now up 18% (rising by 142,000 to 953,000) on the three months to February 2020.</p><p> </p><p>In order to support people into work, as part of its comprehensive Plan for Jobs, the Government has announced the £2 billion Kickstart scheme which will create hundreds of thousands of new, fully subsidised jobs for young people, and the new three year Restart programme, which will provide intensive and tailored support to over one million unemployed Universal Credit claimants across England and Wales and help them find work.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 16/09/2021 13:58:08 answering member 3991 label Biography information for Jesse Norman
tabling member	4822 label Biography information for Feryal Clark

1353848

registered interest
date	08/09/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Maternity Allowance and Parental Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many new parents received (a) statutory paternity pay, (b) statutory maternity pay and (c) maternity allowance in each financial year since 2010-11.
tabling member constituency	East Renfrewshire
tabling member printed	Kirsten Oswald
uin	45154
answer	answer is ministerial correction date of answer 16/09/2021 answer text <p>The information is not held in the form requested. HM Revenue and Customs (HMRC) do hold information on claimants of statutory parental payments, but this is not limited to new parents and will include claimants in each year in which they received statutory payments.</p><p> </p><p>The Department for Work and Pensions (DWP) publish statistics about benefits, including Statutory Maternity Pay and Maternity Allowance:</p><p><a href="https://www.gov.uk/government/collections/benefit-expenditure-tables" target="_blank">https://www.gov.uk/government/collections/benefit-expenditure-tables</a>.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 16/09/2021 13:58:27 answering member 3991 label Biography information for Jesse Norman
tabling member	4413 label Biography information for Kirsten Oswald

1354096

registered interest
date	08/09/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Health and Social Care Levy
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether the funding to be allocated to the devolved administrations deriving from the health and social care levy may only be spent by those administrations for the purpose of (1) health, and (2) social care.
tabling member printed	Lord Dodds of Duncairn
uin	HL2532
answer	answer is ministerial correction date of answer 16/09/2021 answer text <p>For 2022-23, receipts from the increase in National Insurance contributions (NICs) will go to the NHS or equivalent in each part of the UK. This builds on existing arrangements whereby a proportion of NICs is legally required to be allocated in this way. From April 2023, there will similarly be a legal requirement to allocate the Levy revenues to health and social care in each part of the UK.</p><p> </p><p>The overall level of funding provided to the devolved administrations will continue to be determined through the Barnett formula, including at the upcoming spending review.</p> answering member printed Lord Agnew of Oulton question first answered 16/09/2021 14:30:35 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	1388 label Biography information for Lord Dodds of Duncairn

1353147

registered interest
date	06/09/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Housing: Prices
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the impact of changes in the level of house prices on the UK’s economic recovery.
tabling member printed	Baroness Ritchie of Downpatrick
uin	HL2449
answer	answer is ministerial correction date of answer 16/09/2021 answer text <p>HM Treasury does not prepare formal forecasts for house prices or the outlook on the UK economy, which are the responsibility of the independent Office for Budget Responsibility (OBR). In its March forecast, the OBR expects that GDP will grow by 4% in 2021 and return to its pre-Covid peak in 2022. The OBR also forecasts annual house price growth of 5% in 2021.</p><p> </p><p>Further details can be found in the OBR’s latest Economic and Fiscal Outlook published in March 2021: https://obr.uk/download/march-2021-economic-and-fiscal-outlook-executive-summary/</p><p> </p><p>The OBR will publish an updated forecast on 27 October 2021.</p><p> </p><p>The Office for National Statistics (ONS) also publish estimates of house prices in the UK. The latest available data shows that UK average house prices reached £266,000 in June 2021</p> answering member printed Lord Agnew of Oulton question first answered 16/09/2021 14:29:52 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	4130 label Biography information for Baroness Ritchie of Downpatrick

1353149

registered interest
date	06/09/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	UK-EU Trade and Cooperation Agreement
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what estimate they have made of the impact of the UK–EU Trade and Cooperation Agreement on (1) the value of financial assets, and (2) the number of financial services sector jobs in the UK.
tabling member printed	Baroness Ritchie of Downpatrick
uin	HL2451
answer	answer is ministerial correction date of answer 16/09/2021 answer text <p>The UK-EU Trade and Cooperation Agreement gives legal certainty for financial services firms to the extent set out in both sides’ market access offers and generally in the services chapter and financial services sub-section. The Agreement will benefit financial services firms’ clients and the wider economy in which they operate.</p><p> </p><p>In January, the Governor of the Bank of England stated that between 5,000 and 7,000 jobs had moved due to Brexit. Over a million people are employed in UK financial services. ONS data shows that jobs in financial and insurance activities have increased from 1.27 million in June 2016 at the time of the referendum to 1.45 million in June 2021. We continue to work closely with the Bank of England and Financial Conduct Authority to monitor any relocation of financial services activity from the UK to the EU.</p><p> </p><p>In his Mansion House speech on 1 July, the Chancellor set out the government’s plans to make the UK the world’s most advanced and exciting financial services hub, to create prosperity at home and help the UK project its values on the global stage.</p> answering member printed Lord Agnew of Oulton question first answered 16/09/2021 14:28:36 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	4130 label Biography information for Baroness Ritchie of Downpatrick

1353151

registered interest
date	06/09/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	British Venture Capital Association
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what meetings they have had with the British Venture Capital Association on private equity.
tabling member printed	Baroness Ritchie of Downpatrick
uin	HL2453
answer	answer is ministerial correction date of answer 16/09/2021 answer text <p>Ministers and Government officials routinely meet with representatives of various institutions and organisations as part of ongoing policy development and stakeholder engagement. This engagement has included the British Venture Capital Association, amongst others.</p> answering member printed Lord Agnew of Oulton question first answered 16/09/2021 14:28:55 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	4130 label Biography information for Baroness Ritchie of Downpatrick