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747504

registered interest
date	03/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Revenue and Customs: Reorganisation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, with reference to the oral evidence from the Chief Executive and Permanent Secretary of HM Revenue and Customs (HMRC) to the Public Accounts Committee on the HMRC estate on 25 January 2017, Question 4, HC891, on what date ministerial approval was given for HMRC's strategic outline case for regional centres; and if he will make a statement before the summer recess.
tabling member constituency	Dundee West
tabling member printed	Chris Law
uin	2582
answer	answer is ministerial correction date of answer 11/07/2017 answer text <p>HM Revenue and Customs (HMRC) established a clear set of eight location principles to determine the location of its regional centres. These were:</p><ul><li>· Sustainable large sites – having the capacity to hold all HMRC’s requirements for the region in a single building, ideally accommodating no less than 1,500 staff.</li><li>· Talent pipeline – offering access to a pipeline of future talent, with the skills HMRC needs, for example, close to universities and colleges.</li><li>· Single location career paths – offering the chance to build careers and skills to a senior level in a number of professions in a single location without the need to move.</li><li>· Catchment for a mix of business activity – the right grouping of existing teams to allow a diverse mix of business activities to be brought together in the same place.</li><li>· Digital infrastructure – having high capacity, high speed digital infrastructure and mobile networks to benefit customers and staff.</li><li>· Facilities for HMRC’s people – access to good housing, schools and recreational facilities, so HMRC can recruit and retain staff.</li><li>· Market rates- delivering good value for money in property and labour costs.</li><li>· Robust long-term infrastructure – locations with the right infrastructure for the long term such as strong transport links within the region and nationally.</li></ul><p>HMRC values its people and wants as many as possible to move with the work to the regional centres. In addition to the eight location principles, it looked at where its staff live and initially assessed more than 40 of its existing medium to large sized locations against the principles as possible regional centres. These included: Aberdeen, Belfast, Birmingham, Blackburn, Bolton, Bradford, Bristol, Cardiff, Chatham, Chesterfield, Dover, Edinburgh, Exeter, Glasgow, Grimsby, Harwich, Ipswich, Leeds, Leicester, Liverpool, London, Maidstone, Manchester, Newcastle, Northampton, Nottingham, Peterborough, Peterlee, Preston, Plymouth, Reading, Redruth, Sheffield, Shipley, Solent (including Portsmouth), Southend-on-Sea, Stockton-on –Tees, Taunton, Telford, Workington, Worthing, Wrexham. For areas where a particular town was part of a conurbation, the conurbation was assessed as part of those listed above, for example Sunderland and Washington as part of Newcastle.</p><p> </p><p>HMRC’s Programme Business Case has received approval from the Chief Secretary to the Treasury.</p> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 2581 2583 question first answered 11/07/2017 16:01:06 answering member 3935 label Biography information for Mel Stride
tabling member	4403 label Biography information for Chris Law

747523

registered interest
date	03/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	European Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how much financial support the European Investment Bank has contributed to the UK economy in each of the last five years.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	2441
answer	answer is ministerial correction date of answer 11/07/2017 answer text <p>The EIB publishes details of all their projects on their website. Financing details of all projects for each of the past 10 years can be found in the link below</p><p> </p><p>http://www.eib.org/projects/loan/list/?region=1&amp;country=GB</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 11/07/2017 14:06:25 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4031 label Biography information for Rachel Reeves

747528

registered interest
date	03/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Investment
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	2437
answer	answer is ministerial correction date of answer 10/07/2017 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> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 2438 2439 question first answered 10/07/2017 11:25:31 answering member 3935 label Biography information for Mel Stride
tabling member	4031 label Biography information for Rachel Reeves

747529

registered interest
date	03/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Investment
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	2438
answer	answer is ministerial correction date of answer 10/07/2017 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> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 2437 2439 question first answered 10/07/2017 11:25:31 answering member 3935 label Biography information for Mel Stride
tabling member	4031 label Biography information for Rachel Reeves

747530

registered interest
date	03/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Business: Investment
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	2439
answer	answer is ministerial correction date of answer 10/07/2017 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> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 2437 2438 question first answered 10/07/2017 11:25:32 answering member 3935 label Biography information for Mel Stride
tabling member	4031 label Biography information for Rachel Reeves

747531

registered interest
date	03/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	European Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps the Government is taking to maintain funding for British businesses following the UK's withdrawal from the EU and the possible loss of investment from the European Investment Bank.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	2440
answer	answer is ministerial correction date of answer 11/07/2017 answer text <p>As the Chancellor announced in his Mansion House speech, he continues to engage with the EIB. Alongside these discussions, to ensure that investment finance continues to be available in the UK after EU exit, the UK Guarantee Scheme has been broadened to include construction guarantees and the British Business Bank will raise the limits on the amount it can invest in venture capital funds from 33% up to 50%. The BBB will also be able to bring forward some of the £400m additional investment that was announced at the Autumn Statement.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 11/07/2017 14:04:50 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4031 label Biography information for Rachel Reeves

747532

registered interest
date	03/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Small Businesses: Loans
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	2430
answer	answer is ministerial correction date of answer 10/07/2017 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> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 10/07/2017 09:07:34 answering member 4095 label Biography information for Steve Barclay
tabling member	4031 label Biography information for Rachel Reeves

747534

registered interest
date	03/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Small Businesses: Loans
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	2431
answer	answer is ministerial correction date of answer 11/07/2017 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 answering member printed Stephen Barclay grouped question UIN 2426 question first answered 11/07/2017 13:24:47 answering member 4095 label Biography information for Steve Barclay
tabling member	4031 label Biography information for Rachel Reeves

747535

registered interest
date	03/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Small Businesses: Loans
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	2432
answer	answer is ministerial correction date of answer 10/07/2017 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> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 10/07/2017 09:06:00 answering member 4095 label Biography information for Steve Barclay
tabling member	4031 label Biography information for Rachel Reeves

747536

registered interest
date	03/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Credit Reference Agencies: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether the Government has made an assessment of the merits of granting credit reference agencies and authorised finance providers access to financial data in the VAT register.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	2425
answer	answer is ministerial correction date of answer 11/07/2017 answer text <p>The Small Business, Enterprise and Employment Act 2015 allows HM Revenue and Customs (HMRC) to share only non-financial data on VAT registered businesses.</p><p> </p><p>HMRC is working to allow the secure sharing of VAT registration data with carefully vetted applicants to increase the availability of credit to small businesses.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 11/07/2017 15:49:49 answering member 3935 label Biography information for Mel Stride
tabling member	4031 label Biography information for Rachel Reeves