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1249943
registered interest false remove filter
date less than 2020-11-05more like thismore than 2020-11-05
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Loans: Fraud more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what steps he is taking to tackle (a) payday loan scams and (b) other fraud by fake loan companies. more like this
tabling member constituency Nottingham East remove filter
tabling member printed
Nadia Whittome more like this
uin 112134 more like this
answer
answer
is ministerial correction false more like this
date of answer remove maximum value filtermore like thismore than 2020-11-10
answer text <p>The Government takes fraud very seriously. We continue to work closely with industry to close down the vulnerabilities that fraudsters exploit and ensure members of the public have the information they need to spot a scam and stand up to fraudsters. These actions include the Joint Fraud Taskforce which is helping to build a collaborative law enforcement, government and industry response to tackling fraud.</p><p> </p><p>Illegal lenders, or ‘loan sharks’, can also prey on victims in various forms including by posing as fake loan companies. To tackle this crime, the Government funds the Illegal Money Lending Teams (IMLTs), via a levy on the financial services industry. The IMLTs have powers to deal with wider criminality associated with loan sharks, such as fraud, and can seize the assets of convicted loan sharks to fund support for victims and raise awareness of the dangers of illegal lending in affected communities.</p><p> </p><p>The Government and IMLTs are alert to the particular challenges faced by vulnerable consumers as a result of COVID-19 and continue to work together to ensure that this dangerous and illegal activity is stopped.</p>
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-11-10T15:05:39.873Zmore like thismore than 2020-11-10T15:05:39.873Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4869
label Biography information for Nadia Whittome more like this
1237720
registered interest false remove filter
date less than 2020-09-24more like thismore than 2020-09-24
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading SVS Securities more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent discussions he has had with the Financial Conduct Authority on the difficulties faced by clients and former clients of SVS Securities. more like this
tabling member constituency Nottingham East remove filter
tabling member printed
Nadia Whittome more like this
uin 95263 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-29more like thismore than 2020-09-29
answer text <p><strong>HM Treasury regularly engages with the</strong> <strong>Financial Conduct Authority on the circumstances surrounding SVS Securities PLC. </strong></p><p><strong> </strong></p><p><strong>SVS Securities is a wealth management firm that was placed in Special Administration on 5 August 2019. </strong><strong>An assessment of the client money and custody assets held by the firm has been completed and the Special Administrators have confirmed that these are intact. There are costs associated with distributing client money and custody assets back to clients which by law will be deduced from client money or custody assets. </strong></p><p><strong> </strong></p><p>The Financial Services Compensation Scheme (FSCS) will cover custody assets and client money shortfalls, including the costs associated with their distribution back to clients, for eligible clients up to £85,000.</p><p> </p><p>The Special Administrators are working closely with the FSCS and expect the vast majority of clients will be compensated in full by the FSCS for these costs. As a result, the vast majority of clients shall receive their client money and custody assets in full.</p><p> </p><p> </p><p>Please note that the Special Administrators have now contacted SVS customers to invite them to submit any claims.</p><p> </p><p>For further information on SVS Securities, please see the Financial Conduct Authority’s website: <a href="https://www.fca.org.uk/news/news-stories/svs-securities-plc-enters-administration" target="_blank">https://www.fca.org.uk/news/news-stories/svs-securities-plc-enters-administration</a>.</p>
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-09-29T08:18:52.797Zmore like thismore than 2020-09-29T08:18:52.797Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4869
label Biography information for Nadia Whittome more like this
1233019
registered interest false remove filter
date less than 2020-09-09more like thismore than 2020-09-09
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Coronavirus Job Retention Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what Equality Impact Assessments were undertaken on the (a) design of and (b) the conclusion of the Job Retention Scheme. more like this
tabling member constituency Nottingham East remove filter
tabling member printed
Nadia Whittome more like this
uin 87717 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-14more like thismore than 2020-09-14
answer text When designing the Coronavirus Job Retention Scheme, as well as the Self-Employment Income Support Scheme and Job Retention Bonus policies, the Treasury undertook an analysis of how the policies were likely to affect individuals sharing protected characteristics in line with its Public Sector Equality Duties. This is in accordance with the internal procedural requirements and support in place for ensuring that equalities considerations inform decisions taken by ministers. more like this
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
question first answered
less than 2020-09-14T13:57:35.017Zmore like thismore than 2020-09-14T13:57:35.017Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4869
label Biography information for Nadia Whittome more like this
1233025
registered interest false remove filter
date less than 2020-09-09more like thismore than 2020-09-09
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Coronavirus Job Retention Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, whether he made an assessment of the potential merits of different scheme designs when he made an assessment of the potential merits of ending the Coronavirus Job Retention Scheme in October 2020; and if he will make a statement. more like this
tabling member constituency Nottingham East remove filter
tabling member printed
Nadia Whittome more like this
uin 87719 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-14more like thismore than 2020-09-14
answer text <p>As the economic recovery continues, the Government must adjust support accordingly. Ending the Coronavirus Job Retention Scheme after eight months ensures that people are not trapped in jobs that can only exist because of a Government subsidy. The scheme will wind down, flexibly and gradually, supporting businesses and people through to October. This is the best means by which to ensure people’s livelihoods are protected as the Government supports the resumption of economic demand.</p> more like this
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
question first answered
less than 2020-09-14T14:14:26.237Zmore like thismore than 2020-09-14T14:14:26.237Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4869
label Biography information for Nadia Whittome more like this
1233026
registered interest false remove filter
date less than 2020-09-09more like thismore than 2020-09-09
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Coronavirus Job Retention Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, on what dates he met and with which business representatives he discussed the design and closure of the Coronavirus Job Retention Scheme; and what the outcomes were of those discussions. more like this
tabling member constituency Nottingham East remove filter
tabling member printed
Nadia Whittome more like this
uin 87720 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-14more like thismore than 2020-09-14
answer text <p>HM Treasury has been working closely with business representatives, unions, and Government colleagues to ensure that this decision works for both employers and employees and is coherent with the wider Government response. An Institute for Government report recently remarked “the quality and intensity of engagement on the CJRS and SEISS were described to us as being markedly different from normal experience of working with government.”</p><p> </p><p>For example, the Treasury has engaged frequently with the Confederation of British Industry; the most recent meeting being alongside Trades Union Congress representatives on 7 September. The Chancellor attended this meeting and took on board the concerns and proposals raised. HM Treasury will continue to work with businesses, unions and representative groups as part of the Government’s continuing monitoring of the economy.</p> more like this
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
question first answered
less than 2020-09-14T14:11:20.177Zmore like thismore than 2020-09-14T14:11:20.177Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4869
label Biography information for Nadia Whittome more like this
1233045
registered interest false remove filter
date less than 2020-09-09more like thismore than 2020-09-09
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Coronavirus Job Retention Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, whether he undertook a regional impact assessment of the (a) implementation and (b) closure of the Coronavirus Job Retention Scheme. more like this
tabling member constituency Nottingham East remove filter
tabling member printed
Nadia Whittome more like this
uin 87718 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-14more like thismore than 2020-09-14
answer text <p>When launching the Coronavirus Job Retention Scheme (CJRS), the Government prioritised helping the greatest number of people as quickly as possible and the scheme was made available across all regions UK-wide. There has been broad consistency in furlough rates across the UK. The latest available statistics show the West Midlands region of England has had the highest take-up rate of 34 per cent and the East region of England has had the lowest take-up of 30 per cent. The number of employments furloughed in the UK decreased from a peak of 8.9 million on 8 May to 6.8 million by 30 June.</p><p> </p><p>After eight months of the CJRS, the scheme will close. The CJRS must be temporary and the Government must ensure people across all regions of the UK can get back to work safely and get the UK economy up and running again. The Government is providing support directly to people and businesses across the whole of the UK with the UK-wide measures announced in the Plan for Jobs.</p> more like this
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
question first answered
less than 2020-09-14T13:59:19.923Zmore like thismore than 2020-09-14T13:59:19.923Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4869
label Biography information for Nadia Whittome more like this
1227573
registered interest false remove filter
date less than 2020-07-22more like thismore than 2020-07-22
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Business Rates more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what progress he has made on the Business Rates Review; and what the timetable is for the next steps of that review. more like this
tabling member constituency Nottingham East remove filter
tabling member printed
Nadia Whittome more like this
uin 78937 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-07more like thismore than 2020-09-07
answer text <p>On 21 July, HM Treasury published a Call for Evidence for the fundamental review of business rates. The Call for Evidence invites stakeholders to contribute their views on ideas for reform on all elements of the business rates system and on alternative taxes.</p><p> </p><p>As set out in the Call for Evidence, the fundamental review will have an interim report in autumn 2020, ahead of concluding in spring 2021.</p><p> </p><p>The Call for Evidence can be found at:</p><p><a href="http://www.gov.uk/government/consultations/hm-treasury-fundamental-review-of-business-rates-call-for-evidence" target="_blank">www.gov.uk/government/consultations/hm-treasury-fundamental-review-of-business-rates-call-for-evidence</a>.</p> more like this
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
grouped question UIN 77722 more like this
question first answered
less than 2020-09-07T16:16:19.14Zmore like thismore than 2020-09-07T16:16:19.14Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4869
label Biography information for Nadia Whittome more like this
1203019
registered interest false remove filter
date less than 2020-06-11more like thismore than 2020-06-11
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Coronavirus Job Retention Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what assessment he has made of the difficulties caused to businesses of the further guidance on the flexible furlough scheme being published after the cut-off date for an employee to be placed on the Coronavirus Job Retention Scheme. more like this
tabling member constituency Nottingham East remove filter
tabling member printed
Nadia Whittome more like this
uin 58841 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-16more like thismore than 2020-06-16
answer text <p>The announcement on 29 May provided the key information required for firms to make decisions about furloughing employees. Full information on how the scheme will change from 1 July has been available in published factsheets since the Chancellor announced the changes.</p><p> </p><p>The guidance was updated on 12 June only to provide additional detail on how the scheme will operate in practice.</p> more like this
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
question first answered
less than 2020-06-16T10:55:15.167Zmore like thismore than 2020-06-16T10:55:15.167Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4869
label Biography information for Nadia Whittome more like this
1203020
registered interest false remove filter
date less than 2020-06-11more like thismore than 2020-06-11
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Coronavirus Job Retention Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what assessment he has made of the potential difficulties caused to businesses of the length of the notice period between the announcement on the future of the job retention scheme on 29 May 2020 and the cut-off date for an employee to be furloughed on the Coronavirus Job Retention Scheme by 10 June 2020. more like this
tabling member constituency Nottingham East remove filter
tabling member printed
Nadia Whittome more like this
uin 58842 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-17more like thismore than 2020-06-17
answer text <p>At the end of May the Government sought to give employers as much certainty as possible on how the CJRS will work until the end of October.</p><p> </p><p>Closing the scheme to new entrants is necessary for a gradual closure of the scheme. The focus is now on bringing those currently furloughed back into productive employment.</p> more like this
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
question first answered
less than 2020-06-17T13:19:56.677Zmore like thismore than 2020-06-17T13:19:56.677Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4869
label Biography information for Nadia Whittome more like this
1198095
registered interest false remove filter
date less than 2020-06-01more like thismore than 2020-06-01
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Dental Services: Coronavirus more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, if he will extend eligibility for the (a) Small Business Grants Fund and (b) business rates relief to include private dental practices. more like this
tabling member constituency Nottingham East remove filter
tabling member printed
Nadia Whittome more like this
uin 52635 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-09more like thismore than 2020-06-09
answer text <p>A business with a property that on 11 March 2020 was eligible for Small Business Rate Relief Scheme or the Rural Rate Relief Scheme, will be eligible for the Small Business Grant Fund (SBGF). Any enquiries on eligibility for, or provision of, the SBGF should be directed to the relevant local authority. There are currently no plans to change eligibility criteria for the schemes. However, officials are keeping in close contact with local authorities to monitor and understand how the schemes are being implemented.</p><p>A range of further measures to support all businesses including those not eligible for the business rates holiday, such as dentists, has also been made available. For example, the Government has launched the Coronavirus Job Retention Scheme to help firms keep people in employment, the Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank backed by an 80% Government guarantee, and is deferring VAT payments for this quarter.</p><p> </p><p>The Government will consider any further financial assistance necessary to help businesses get through this period.</p>
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
question first answered
less than 2020-06-09T13:43:24.563Zmore like thismore than 2020-06-09T13:43:24.563Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4869
label Biography information for Nadia Whittome more like this