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387246

registered interest
date	02/07/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	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 1 July 2015 to Question 4358, what mechanisms other than the issuance of gilts are used to finance Government borrowing; and what the gross value is of borrowing through such mechanisms.
tabling member constituency	Caithness, Sutherland and Easter Ross
tabling member printed	Dr Paul Monaghan
uin	5395
answer	answer is ministerial correction date of answer 10/07/2015 answer text <p>The majority of central government borrowing is financed through gilt issuance by the Debt Management Office (£126.4 billion in 2014-15).</p><p> </p><p> </p><p> </p><p>Other sources of central government financing in 2014-15 were:</p><p> </p><ul><li><p>National Savings and Investments – net financing of £18.2 billion</p></li><li><p>Treasury bills – net financing of £8.5 billion</p></li><li><p>Renminbi bond – net financing of £0.3 billion</p></li><li><p>Sukuk – net financing of £0.2 billion</p><p> </p><p>Total financing through these sources in 2014-15 totalled £27.2 billion.</p><p> </p><p>Local authorities have flexibility to determine their sources of borrowing within the prudential code borrowing regime. Local authorities undertake the majority of their borrowing via the Public Works Loan Board (PWLB), a statutory body operating within the Debt Management Office. The PWLB’s function is to lend money from the National Loans Fund to local authorities and to collect repayments.</p><p> </p><p>From April 2015, the Scottish government has the power to borrow up to a total of £2.2 billion for capital investment by way of bond issuance as well as via the National Loans Fund and commercial loans. The coalition government announced in February 2015 that the Welsh government’s means of borrowing for capital investment from April 2018, up to a total of £500 million, will also be extended to include bond issuance.</p><p> </p></li></ul><p> </p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 10/07/2015 12:50:00 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4383 label Biography information for Dr Paul Monaghan

387282

registered interest
date	02/07/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Council Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many challenges against council tax banding on the current council tax valuation list are yet to be resolved in (a) total and (b) more than four months after the challenge was lodged in (i) Barnsley, (ii) Chesterfield, (iii) Doncaster, (iv) North East Derbyshire, (v) Bolsover, (vi) Bassetlaw, (vii) Derbyshire Dales, (viii) Rotherham and (ix) Sheffield.
tabling member constituency	Sheffield South East
tabling member printed	Mr Clive Betts
uin	5516
answer	answer is ministerial correction date of answer 13/07/2015 answer text <p>The Valuation Office Agency does not publish this information.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 13/07/2015 13:52:15 answering member 1529 label Biography information for Mr David Gauke
tabling member	394 label Biography information for Mr Clive Betts