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747528
registered interest false more like this
date remove filter
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Investment more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, how many people have invested through the (a) Enterprise Investment Scheme, (b) Seed Enterprise Investment Scheme and (c) venture capital trusts in each year since 2012. more like this
tabling member constituency Leeds West more like this
tabling member printed
Rachel Reeves more like this
uin 2437 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-10more like thismore than 2017-07-10
answer text <p>HMRC regularly publishes statistics on usage of the Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS), and Venture Capital Trusts (VCTs). The statistics can be accessed at:</p><p> </p><p>www.gov.uk/government/collections/enterprise-investment-scheme-and-seed-enterprise-investment-scheme-statistics</p><p> </p><p>www.gov.uk/government/collections/venture-capital-trusts-statistics</p><p> </p><p>These statistics provide information on the number of investors per year in SEIS, EIS and VCTs, up to 2014-15. They provide information on the amount of investment through the schemes, up to 2015-16.</p><p> </p><p>They also provide information on the number of companies receiving investment through SEIS and EIS, up to 2015-16. Information is not available on the number of companies receiving investment from VCTs.</p><p> </p> more like this
answering member constituency Central Devon more like this
answering member printed Mel Stride more like this
grouped question UIN
2438 more like this
2439 more like this
question first answered
less than 2017-07-10T11:25:31.91Zmore like thismore than 2017-07-10T11:25:31.91Z
answering member
3935
label Biography information for Mel Stride more like this
tabling member
4031
label Biography information for Rachel Reeves remove filter
747529
registered interest false more like this
date remove filter
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Investment more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, how much was invested through (a) the Enterprise Investment Scheme, (b) the Seed Enterprise Investment Scheme and (c) venture capital trusts in each year since 2012. more like this
tabling member constituency Leeds West more like this
tabling member printed
Rachel Reeves more like this
uin 2438 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-10more like thismore than 2017-07-10
answer text <p>HMRC regularly publishes statistics on usage of the Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS), and Venture Capital Trusts (VCTs). The statistics can be accessed at:</p><p> </p><p>www.gov.uk/government/collections/enterprise-investment-scheme-and-seed-enterprise-investment-scheme-statistics</p><p> </p><p>www.gov.uk/government/collections/venture-capital-trusts-statistics</p><p> </p><p>These statistics provide information on the number of investors per year in SEIS, EIS and VCTs, up to 2014-15. They provide information on the amount of investment through the schemes, up to 2015-16.</p><p> </p><p>They also provide information on the number of companies receiving investment through SEIS and EIS, up to 2015-16. Information is not available on the number of companies receiving investment from VCTs.</p><p> </p> more like this
answering member constituency Central Devon more like this
answering member printed Mel Stride more like this
grouped question UIN
2437 more like this
2439 more like this
question first answered
less than 2017-07-10T11:25:31.98Zmore like thismore than 2017-07-10T11:25:31.98Z
answering member
3935
label Biography information for Mel Stride more like this
tabling member
4031
label Biography information for Rachel Reeves remove filter
747530
registered interest false more like this
date remove filter
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Business: Investment more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, how many companies received investment from (a) the Enterprise Investment Scheme, (b) the Seed Enterprise Investment Scheme and (c) venture capital trusts in each year since 2012. more like this
tabling member constituency Leeds West more like this
tabling member printed
Rachel Reeves more like this
uin 2439 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-10more like thismore than 2017-07-10
answer text <p>HMRC regularly publishes statistics on usage of the Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS), and Venture Capital Trusts (VCTs). The statistics can be accessed at:</p><p> </p><p>www.gov.uk/government/collections/enterprise-investment-scheme-and-seed-enterprise-investment-scheme-statistics</p><p> </p><p>www.gov.uk/government/collections/venture-capital-trusts-statistics</p><p> </p><p>These statistics provide information on the number of investors per year in SEIS, EIS and VCTs, up to 2014-15. They provide information on the amount of investment through the schemes, up to 2015-16.</p><p> </p><p>They also provide information on the number of companies receiving investment through SEIS and EIS, up to 2015-16. Information is not available on the number of companies receiving investment from VCTs.</p><p> </p> more like this
answering member constituency Central Devon more like this
answering member printed Mel Stride more like this
grouped question UIN
2437 more like this
2438 more like this
question first answered
less than 2017-07-10T11:25:32.06Zmore like thismore than 2017-07-10T11:25:32.06Z
answering member
3935
label Biography information for Mel Stride more like this
tabling member
4031
label Biography information for Rachel Reeves remove filter
747532
registered interest false more like this
date remove filter
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Small Businesses: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what information his Department holds on the level of funding for small and medium-sized enterprises provided through (a) equity investments, (b) peer-to-peer loans and (c) other forms of lending for each of the last five financial years. more like this
tabling member constituency Leeds West more like this
tabling member printed
Rachel Reeves more like this
uin 2430 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-10more like thismore than 2017-07-10
answer text <p>The information requested is available from the British Business Bank at <a href="http://british-business-bank.co.uk/wp-content/uploads/2017/02/BBB-SBFM-REPORT-2016-17-web.pdf" target="_blank">http://british-business-bank.co.uk/wp-content/uploads/2017/02/BBB-SBFM-REPORT-2016-17-web.pdf</a></p><p> </p> more like this
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
question first answered
less than 2017-07-10T09:07:34.88Zmore like thismore than 2017-07-10T09:07:34.88Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4031
label Biography information for Rachel Reeves remove filter
747534
registered interest false more like this
date remove filter
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Small Businesses: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, how many new entrant banks offering finance for small and medium-sized enterprises were established in each of the last five years; and how many of those banks continue to offer such finance. more like this
tabling member constituency Leeds West more like this
tabling member printed
Rachel Reeves more like this
uin 2431 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-11more like thismore than 2017-07-11
answer text <p>The information requested on the number of new entrant banks offering finance for small and medium-sized enterprises is not held by the Treasury. Responsibility for the authorisation of new banks rests with the Prudential Regulation Authority (PRA). The PRA’s Annual Competition Report for 2017 states that since its formation in April 2013, the PRA has authorised 25 new banks in total. The report can be found at http://www.bankofengland.co.uk/publications/Documents/annualreport/2017/compreport.pdf</p><p> </p><p>The Government has taken a number of steps to support challenger banks. This includes: supporting the PRA and FCA to set up the New Bank Start-up Unit to help prospective new banks enter the market and through the early days of authorisation; establishing competition objectives for the FCA and PRA; and launching the finance platforms scheme to help small businesses whose finance applications have been declined by their bank explore alternative finance options, including challenger banks.</p>
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
grouped question UIN 2426 more like this
question first answered
less than 2017-07-11T13:24:47.087Zmore like thismore than 2017-07-11T13:24:47.087Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4031
label Biography information for Rachel Reeves remove filter
747535
registered interest false more like this
date remove filter
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Small Businesses: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what steps the Government is taking to ensure banks share customer data with new entrants to the finance market for small and medium-sized enterprises in good time. more like this
tabling member constituency Leeds West more like this
tabling member printed
Rachel Reeves more like this
uin 2432 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-10more like thismore than 2017-07-10
answer text <p>The Government legislated in The Small Business, Enterprise and Employment Act 2015, and The Small and Medium Sized Business (Credit Information) Regulations 2015 to oblige designated banks to share data on small and medium-sized enterprises with finance providers through designated Credit Reference Agencies.</p> more like this
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
question first answered
less than 2017-07-10T09:06:00.557Zmore like thismore than 2017-07-10T09:06:00.557Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4031
label Biography information for Rachel Reeves remove filter
747537
registered interest false more like this
date remove filter
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Small Businesses: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what steps the Government is taking to support challenger banks who have entered or are looking to enter the small and medium-sized enterprise lending market. more like this
tabling member constituency Leeds West more like this
tabling member printed
Rachel Reeves more like this
uin 2426 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-11more like thismore than 2017-07-11
answer text <p>The information requested on the number of new entrant banks offering finance for small and medium-sized enterprises is not held by the Treasury. Responsibility for the authorisation of new banks rests with the Prudential Regulation Authority (PRA). The PRA’s Annual Competition Report for 2017 states that since its formation in April 2013, the PRA has authorised 25 new banks in total. The report can be found at http://www.bankofengland.co.uk/publications/Documents/annualreport/2017/compreport.pdf</p><p> </p><p>The Government has taken a number of steps to support challenger banks. This includes: supporting the PRA and FCA to set up the New Bank Start-up Unit to help prospective new banks enter the market and through the early days of authorisation; establishing competition objectives for the FCA and PRA; and launching the finance platforms scheme to help small businesses whose finance applications have been declined by their bank explore alternative finance options, including challenger banks.</p>
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
grouped question UIN 2431 more like this
question first answered
less than 2017-07-11T13:24:47.167Zmore like thismore than 2017-07-11T13:24:47.167Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4031
label Biography information for Rachel Reeves remove filter