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1719275

registered interest
date	20/05/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Northern Rock plc: Compensation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has made an assessment of the potential merits of a compensation scheme for Northern Rock shareholders.
tabling member constituency	Stockton North
tabling member printed	Alex Cunningham
uin	27037
answer	answer is ministerial correction date of answer 23/05/2024 answer text <p>HM Treasury considers the issue of compensation for former Northern Rock shareholders to be settled. Both the Upper Tribunal in 2011 and the Court of Appeal in 2013 upheld the independent valuation of Northern Rock shares at nil value immediately prior to public ownership, and that no compensation was therefore due. HM Treasury does not intend to revisit this issue.</p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami grouped question UIN 27099 27100 question first answered 23/05/2024 15:51:54 answering member 4639 label Biography information for Bim Afolami
tabling member	4122 label Biography information for Alex Cunningham

1700946

registered interest
date	15/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Debt Respite Scheme
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential merits of extending the Breathing Space (Debt Respite Scheme) to 180 days.
tabling member constituency	Stockton North
tabling member printed	Alex Cunningham
uin	21658
answer	answer is ministerial correction date of answer 18/04/2024 answer text <p>The government launched the Breathing Space scheme on 4 May 2021, and as of February 2024, over 216,000 people in problem debt have benefited from Breathing Space protections.</p><p> </p><p>In developing the scheme, the government took the decision that sixty days is an appropriate period for breathing space to last to give individuals the time to engage with debt advice, whilst maintaining fairness and certainty for creditors.</p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 18/04/2024 13:21:26 answering member 4639 label Biography information for Bim Afolami
tabling member	4122 label Biography information for Alex Cunningham

1691654

registered interest
date	26/02/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Roads: Freight
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment has he made of the potential merits of the recommendation of the Road Haulage Association to extend full expensing to the cost of leased vehicles, published on 26 January 2024.
tabling member constituency	Stockton North
tabling member printed	Alex Cunningham
uin	15626
answer	answer is ministerial correction date of answer 29/02/2024 answer text <p>At the Autumn Statement 2023, the government confirmed it will keep this proposal under consideration and will be publishing draft legislation for a period of technical consultation in due course.</p><p> </p><p>The government will continue to work with industry on this important issue, through the established working group.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 29/02/2024 15:17:13 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4122 label Biography information for Alex Cunningham