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1386203

registered interest
date	08/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Fuels: Excise Duties
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the financial effect of the freeze on fuel duty since 2010 for the average motorist.
tabling member constituency	Harlow
tabling member printed	Robert Halfon
uin	89548
answer	answer is ministerial correction date of answer 14/12/2021 answer text <p>As a result of twelve consecutive years of frozen fuel duty rates, the average UK car driver will pay around £15 less per tank of fuel, and will have cumulatively saved around £1,900 since 2011, compared to what would have been paid under the pre-2010 escalator. The 2022-23 freeze represents a saving for consumers of nearly £8 billion over the next five years.</p> answering member constituency Faversham and Mid Kent answering member printed Helen Whately question first answered 14/12/2021 12:11:52 answering member 4527 label Biography information for Helen Whately
tabling member	3985 label Biography information for Robert Halfon

1386215

registered interest
date	08/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services Compensation Scheme
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will hold discussions with the Financial Conduct Authority on increasing the frequency of reviews of the £85,000 limit in compensation for savers and investors in the event of the demise of financial institutions.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	89509
answer	answer is ministerial correction date of answer 13/12/2021 answer text <p>Under the Financial Services and Markets Act 2000 (as amended), the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have statutory responsibility for making rules on how the Financial Services Compensation Scheme (FSCS) should provide compensation when authorised financial services firms are unable to meet claims against them. This responsibility includes setting the limits for compensation payments made by the FSCS. The FCA carries out reviews of FSCS compensation limits independently of government.</p><p> </p><p>The FCA published a discussion paper on 6 December 2021, which invites views on key elements of the FCA’s compensation framework and remains open for responses until 4 March 2022. The paper includes discussion of the FSCS compensation limits which are set by the FCA. The FCA discussion paper can be found at:</p><p> </p><p>https://www.fca.org.uk/publication/discussion/dp21-5.pdf</p> answering member constituency Salisbury answering member printed John Glen question first answered 13/12/2021 15:33:47 answering member 4051 label Biography information for John Glen
tabling member	1409 label Biography information for Mr Gregory Campbell

1386219

registered interest
date	08/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Insurance Contributions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what discussions he has had with the (a) Welsh Government, (b) Scottish Government and (c) Northern Ireland Executive on HMRC’s request that employers use, and software developers facilitate, the payslip messaging functionality in 2022-23 explaining the National Insurance Contributions increase.
tabling member constituency	Ceredigion
tabling member printed	Ben Lake
uin	89646
answer	answer is ministerial correction date of answer 16/12/2021 answer text <p>I refer the Hon Member to the answer that was given on 29 November 2021 to PQ UIN 78496.</p><p> </p><p>The engagement with the devolved administrations mentioned includes the Northern Ireland Executive.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 16/12/2021 11:17:58 answering member 4517 label Biography information for Lucy Frazer
tabling member	4630 label Biography information for Ben Lake

1386221

registered interest
date	08/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Electronic Commerce: Fraud
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps his Department is taking to protect businesses from charge-back fraud.
tabling member constituency	Wolverhampton South West
tabling member printed	Stuart Anderson
uin	89671
answer	answer is ministerial correction date of answer 14/12/2021 answer text <p>Chargebacks form part of commercial card scheme rules which allow a cardholder to request a refund though their debit card issuer (e.g. their bank) in certain circumstances, for example in cases of non-delivery, or if a purchase is not successful.</p><p> </p><p>The Government considers chargebacks to be an important consumer protection. However, it is important to note that the chargeback facility is not a statutory protection, but is instead a commercial offering provided by card schemes at their own discretion, and which participating banks, merchants, and relevant parties subscribe to. Commercial card schemes have established processes in place to investigate chargeback claims from customers, and to mitigate against chargeback fraud.</p><p> </p><p>The Government works closely with industry to close down the vulnerabilities that fraudsters exploit. The Financial Conduct Authority (FCA) requires banks to maintain effective systems and controls to prevent the risk that they might be used to further financial crime. This includes controls to prevent fraud.</p> answering member constituency Salisbury answering member printed John Glen question first answered 14/12/2021 09:02:48 answering member 4051 label Biography information for John Glen
tabling member	4742 label Biography information for Stuart Anderson

1386264

registered interest
date	08/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Employment: Poverty
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the impact of the end of support under the Coronavirus Job retention Scheme on levels of in-work poverty.
tabling member constituency	Leicester South
tabling member printed	Jonathan Ashworth
uin	89582
answer	answer is ministerial correction date of answer 13/12/2021 answer text <p>The Government continues to monitor and publish trends in poverty across the UK. The Household Below Average Income (HBAI) publication looks at household incomes and poverty levels in the UK, but the latest available figures only cover up to the financial year 2019/20 and so do not capture the time period in which the Coronavirus Job Retention Scheme has ended. These can be found here:</p><p><a href="https://www.gov.uk/government/statistics/households-below-average-income-for-financial-years-ending-1995-to-2020" target="_blank">https://www.gov.uk/government/statistics/households-below-average-income-for-financial-years-ending-1995-to-2020</a></p><p> </p><p>However, we have taken recent steps to ensure work pays. We are doing this by reducing the Universal Credit taper rate from 63% to 55%, and increasing Universal Credit work allowances by £500 p.a. This is essentially a tax cut for the lowest paid in society worth around £2.2 bn in 2022-23. This change also means that 1.9m households will on average keep around an extra £1,000 on an annual basis. We are also increasing the National Living Wage to £9.50 per hour from April 2022 for workers aged 23+, which is expected to benefit more than 2 million workers.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 13/12/2021 15:17:05 answering member 4655 label Biography information for Sir Simon Clarke
tabling member	4244 label Biography information for Jonathan Ashworth

1386312

registered interest
date	08/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Treasury: Theft
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many of his Department's (a) laptops, (b) mobile phones, (c) memory sticks and (d) external hard drives have been lost or stolen in each of the last five years.
tabling member constituency	Richmond Park
tabling member printed	Sarah Olney
uin	89639
answer	answer is ministerial correction date of answer 16/12/2021 answer text <p>The numbers of (a) laptops, (b) mobile phones, (c) memory sticks and (d) external hard drives that have been lost or stolen in each of the last five years are provided in the table below</p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2017</p></td><td><p>2018</p></td><td><p>2019</p></td><td><p>2020</p></td><td><p>2021</p></td></tr><tr><td><p>Laptops Lost</p></td><td><p>6</p></td><td><p>6</p></td><td><p>7</p></td><td><p>1</p></td><td><p>3</p></td></tr><tr><td><p>Laptops Stolen</p></td><td><p>1</p></td><td><p>12</p></td><td><p>9</p></td><td><p>5</p></td><td><p>8</p></td></tr><tr><td><p>Mobile Phones Lost</p></td><td><p>24</p></td><td><p>23</p></td><td><p>28</p></td><td><p>12</p></td><td><p>5</p></td></tr><tr><td><p>Mobile Phones Stolen</p></td><td><p>2</p></td><td><p>7</p></td><td><p>3</p></td><td><p>1</p></td><td><p>1</p></td></tr><tr><td><p>Memory Sticks Lost</p></td><td><p>3</p></td><td><p>7</p></td><td><p>6</p></td><td><p>0</p></td><td><p>0</p></td></tr><tr><td><p>Memory Sticks Stolen</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td></tr><tr><td><p>External hard drives Lost</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td></tr><tr><td><p>External hard drives Stolen</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td></tr></tbody></table> answering member constituency Faversham and Mid Kent answering member printed Helen Whately question first answered 16/12/2021 11:20:59 answering member 4527 label Biography information for Helen Whately
tabling member	4591 label Biography information for Sarah Olney

1386360

registered interest
date	08/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Electronic Funds Transfer
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many (a) Treasury officials and (b) other individuals are engaged in work on the replacement for the Real Time Gross Settlement System.
tabling member constituency	Clwyd West
tabling member printed	Mr David Jones
uin	89516
answer	answer is ministerial correction date of answer 13/12/2021 answer text <p>The Real-Time Gross Settlement (“RTGS”) service is the infrastructure that holds accounts for banks, building societies and other institutions at the Bank of England (“the Bank”). The balances in these accounts can be used to move money in real time between these account holders, delivering final and risk-free settlement. A programme of work (“the Programme”) has been established by the Bank to deliver a renewed RTGS service.</p><p> </p><p>The Programme consists of around 200 Bank employees, who work on a range of activities, including the technical build of the new system, supporting industry readiness and designing the Bank’s target operating model once the service goes live. This figure also includes all programme overheads, such as colleagues forming a Programme Management Office. Given the Programme is a major financial infrastructure programme, industry participants are also involved in preparing their organisations and relevant systems for the renewed RTGS service. No Treasury officials work directly on the Programme, though the Bank updates the Treasury on the status of the Programme as a key stakeholder.</p><p> </p><p>Given the Programme is only part way through its timeline, it would not be meaningful to provide a specific cost figure for the Programme as of 8 December 2021. The costs of the Programme will be fully recovered from participants via the RTGS tariff, which the Bank is currently reviewing to ensure it will be fit for purpose once the renewed service goes live. Industry will be consulted on the Bank’s proposed approach in Spring 2022, and an accompanying consultation document will include indicative total costs for the Programme.</p><p> </p><p>The indicative timeline for the Programme is publicly available on the Bank’s website. For reference, this can be found at the following location:</p><p> </p><p><a href="https://www.bankofengland.co.uk/payment-and-settlement/rtgs-renewal-programme" target="_blank">https://www.bankofengland.co.uk/payment-and-settlement/rtgs-renewal-programme</a></p><p> </p><p>This indicative timeline is the result of close industry engagement. As would be expected of any major technology programme, the Bank of England continually assess readiness for this timeline and make contingency plans to ensure the stability and resilience of the RTGS service.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 89517 89518 question first answered 13/12/2021 16:07:31 answering member 4051 label Biography information for John Glen
tabling member	1502 label Biography information for Mr David Jones

1386361

registered interest
date	08/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Electronic Funds Transfer
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how much the project work on the replacement for the Real Time Gross Settlement System has cost as of 8 December 2021.
tabling member constituency	Clwyd West
tabling member printed	Mr David Jones
uin	89517
answer	answer is ministerial correction date of answer 13/12/2021 answer text <p>The Real-Time Gross Settlement (“RTGS”) service is the infrastructure that holds accounts for banks, building societies and other institutions at the Bank of England (“the Bank”). The balances in these accounts can be used to move money in real time between these account holders, delivering final and risk-free settlement. A programme of work (“the Programme”) has been established by the Bank to deliver a renewed RTGS service.</p><p> </p><p>The Programme consists of around 200 Bank employees, who work on a range of activities, including the technical build of the new system, supporting industry readiness and designing the Bank’s target operating model once the service goes live. This figure also includes all programme overheads, such as colleagues forming a Programme Management Office. Given the Programme is a major financial infrastructure programme, industry participants are also involved in preparing their organisations and relevant systems for the renewed RTGS service. No Treasury officials work directly on the Programme, though the Bank updates the Treasury on the status of the Programme as a key stakeholder.</p><p> </p><p>Given the Programme is only part way through its timeline, it would not be meaningful to provide a specific cost figure for the Programme as of 8 December 2021. The costs of the Programme will be fully recovered from participants via the RTGS tariff, which the Bank is currently reviewing to ensure it will be fit for purpose once the renewed service goes live. Industry will be consulted on the Bank’s proposed approach in Spring 2022, and an accompanying consultation document will include indicative total costs for the Programme.</p><p> </p><p>The indicative timeline for the Programme is publicly available on the Bank’s website. For reference, this can be found at the following location:</p><p> </p><p><a href="https://www.bankofengland.co.uk/payment-and-settlement/rtgs-renewal-programme" target="_blank">https://www.bankofengland.co.uk/payment-and-settlement/rtgs-renewal-programme</a></p><p> </p><p>This indicative timeline is the result of close industry engagement. As would be expected of any major technology programme, the Bank of England continually assess readiness for this timeline and make contingency plans to ensure the stability and resilience of the RTGS service.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 89516 89518 question first answered 13/12/2021 16:07:31 answering member 4051 label Biography information for John Glen
tabling member	1502 label Biography information for Mr David Jones

1386362

registered interest
date	08/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Electronic Funds Transfer
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the timetable for completion of the project for the replacement of the Real Time Gross Settlement system.
tabling member constituency	Clwyd West
tabling member printed	Mr David Jones
uin	89518
answer	answer is ministerial correction date of answer 13/12/2021 answer text <p>The Real-Time Gross Settlement (“RTGS”) service is the infrastructure that holds accounts for banks, building societies and other institutions at the Bank of England (“the Bank”). The balances in these accounts can be used to move money in real time between these account holders, delivering final and risk-free settlement. A programme of work (“the Programme”) has been established by the Bank to deliver a renewed RTGS service.</p><p> </p><p>The Programme consists of around 200 Bank employees, who work on a range of activities, including the technical build of the new system, supporting industry readiness and designing the Bank’s target operating model once the service goes live. This figure also includes all programme overheads, such as colleagues forming a Programme Management Office. Given the Programme is a major financial infrastructure programme, industry participants are also involved in preparing their organisations and relevant systems for the renewed RTGS service. No Treasury officials work directly on the Programme, though the Bank updates the Treasury on the status of the Programme as a key stakeholder.</p><p> </p><p>Given the Programme is only part way through its timeline, it would not be meaningful to provide a specific cost figure for the Programme as of 8 December 2021. The costs of the Programme will be fully recovered from participants via the RTGS tariff, which the Bank is currently reviewing to ensure it will be fit for purpose once the renewed service goes live. Industry will be consulted on the Bank’s proposed approach in Spring 2022, and an accompanying consultation document will include indicative total costs for the Programme.</p><p> </p><p>The indicative timeline for the Programme is publicly available on the Bank’s website. For reference, this can be found at the following location:</p><p> </p><p><a href="https://www.bankofengland.co.uk/payment-and-settlement/rtgs-renewal-programme" target="_blank">https://www.bankofengland.co.uk/payment-and-settlement/rtgs-renewal-programme</a></p><p> </p><p>This indicative timeline is the result of close industry engagement. As would be expected of any major technology programme, the Bank of England continually assess readiness for this timeline and make contingency plans to ensure the stability and resilience of the RTGS service.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 89516 89517 question first answered 13/12/2021 16:07:31 answering member 4051 label Biography information for John Glen
tabling member	1502 label Biography information for Mr David Jones

1386375

registered interest
date	08/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank Services
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps his Department is taking to help ensure that people have access to banking services.
tabling member constituency	Southport
tabling member printed	Damien Moore
uin	89660
answer	answer is ministerial correction date of answer 14/12/2021 answer text The way consumers and businesses interact with their banking continues to change, bringing significant benefits to those who choose to opt for the convenience, security, and speed of digital payments and banking. However, the Government also recognises that physical access to banking continues to play an important role in many people’s lives.<p> </p><p>Decisions on opening and closing branches are a commercial issue for banks and building societies and the Government does not intervene in these decisions. However, the Government firmly believes that the impact of branch closures should be understood, considered and mitigated where possible so that all customers and businesses continue to have access to banking services.</p><p> </p><p>In May 2017, the largest banks and building societies signed up to the Access to Banking Standard which commits them to ensure customers are well informed about branch closures, the bank’s reasons for closure and options for continued access to banking services. Guidance from the Financial Conduct Authority also ensures firms carefully consider the impact of branch closures on customers’ needs and consider possible alternative access arrangements.</p><p> </p><p>Alternative options for access can be via telephone banking, through digital means, such as mobile or online banking, or via the Post Office. The Post Office Banking Framework allows 99% of personal banking customers and 95% of business to deposit cheques, check their balance and withdraw and deposit cash at 11,500 Post Office branches in the UK.</p> answering member constituency Salisbury answering member printed John Glen question first answered 14/12/2021 09:01:35 answering member 4051 label Biography information for John Glen
tabling member	4669 label Biography information for Damien Moore