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532422

registered interest
date	04/07/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Insurance: Regulation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential effect of the UK leaving the EU on the (a) regulation of the insurance industry and (b) implementation of the Solvency II Directive.
tabling member constituency	St Helens North
tabling member printed	Conor McGinn
uin	41683
answer	answer is ministerial correction date of answer 07/07/2016 answer text <p>Action taken by the Government and the Bank of England over the last six years has substantially strengthened the resilience of the financial system, and the authorities have all the necessary tools in place to protect financial stability.</p><p> </p><p>Following the referendum result, the Government must now prepare for a negotiation to exit the EU to ensure that the interests of all parts of the UK are protected and advanced. I want us to agree an economic relationship with the rest of Europe that provides for the best possible terms of trade in financial services, including insurance.</p><p> </p><p>The Prime Minister has been clear that the negotiation for Britain’s future relationship with Europe will begin under a new Prime Minister. In the meantime, and during the negotiations that follow, there will be no change to the way that insurance is sold or regulated.</p><p> </p><p>Much financial regulation currently applicable in the UK derives from EU legislation, including Solvency II. Until negotiations are concluded, we remain a full member of the EU and must meet our obligations as a member of the EU.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 07/07/2016 14:08:42 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4458 label Biography information for Conor McGinn

532423

registered interest
date	04/07/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Banks: Regulation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential effect of the UK leaving the EU on the transposition of the Basel III reform measures into UK law.
tabling member constituency	St Helens North
tabling member printed	Conor McGinn
uin	41690
answer	answer is ministerial correction date of answer 07/07/2016 answer text <p>The Government continues to support the need for international standards, such as the capital framework developed by the international Basel Committee on Banking Standards. These are important to ensure both financial stability and a level playing field for the UK’s world-leading financial services industry.</p><p> </p><p>The Prime Minister has been clear that the negotiation for Britain’s future relationship with Europe will begin under a new Prime Minister. Until negotiations are concluded, we remain a full member of the EU and must meet our obligations as a member of the EU.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 07/07/2016 14:20:08 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4458 label Biography information for Conor McGinn

532424

registered interest
date	04/07/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Economic Situation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will make an assessment of the potential economic effect of the UK leaving the EU on (a) St Helens North constituency, (b) Merseyside and (c) the UK.
tabling member constituency	St Helens North
tabling member printed	Conor McGinn
uin	41696
answer	answer is ministerial correction date of answer 07/07/2016 answer text <p>While it is clear that we do now face a significant economic challenge as a result of the referendum decision, the UK economy is well placed to respond. Over the last six years we have taken a series of difficult decisions in order to rebuild our economy.</p><p> </p><p>The government has invested in the Northern Powerhouse, securing agreement to elect five new powerful mayors across the north, and making substantial investment commitments in transport, science, research and culture. The employment rate in the North is close to record highs.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 07/07/2016 14:21:00 answering member 1526 label Biography information for Greg Hands
tabling member	4458 label Biography information for Conor McGinn

420959

registered interest
date	13/10/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Welfare Tax Credits: Young People
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many people under 25 years old in (a) St Helens North constituency, (b) Merseyside and (c) the UK receive tax credits.
tabling member constituency	St Helens North
tabling member printed	Conor McGinn
uin	11553
answer	answer is ministerial correction date of answer 16/10/2015 answer text <p>The latest information on the number of tax credit recipients under 25 in the UK can be found in table 3.1 of the April 2015 Personal Tax Credits published statistics, found here:</p><p><a href="https://www.gov.uk/government/statistics/personal-tax-credits-provisional-statistics-2013-to-2009" target="_blank">https://www.gov.uk/government/statistics/personal-tax-credits-provisional-statistics-2013-to-2009</a></p><p>These statistics are published in April and December each year.</p> answering member constituency East Hampshire answering member printed Damian Hinds question first answered 16/10/2015 13:38:48 answering member 3969 label Biography information for Damian Hinds
tabling member	4458 label Biography information for Conor McGinn

389011

registered interest
date	09/07/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Welfare Tax Credits: St Helens North
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what his estimate is of the number of households in St Helens North constituency affected by the changes to tax credits proposed in the Summer Budget 2015; and what his estimate is of the effect on each such household of those changes.
tabling member constituency	St Helens North
tabling member printed	Conor McGinn
uin	6403
answer	answer is ministerial correction date of answer 14/07/2015 answer text <p>This information is not available.</p><p> </p><p> </p><p> </p><p>Information about the number of benefitting families and average entitlement in the St Helens North constituency in the tax year 2013-14 can be found in the publication ‘Personal tax credits: Finalised award statistics – geographical statistics 2013-2014’ here:</p><p> </p><p> </p><p> </p><p><a href="https://www.gov.uk/government/statistics/personal-tax-credits-finalised-award-statistics-geographical-statistics-2013-to-2014" target="_blank">https://www.gov.uk/government/statistics/personal-tax-credits-finalised-award-statistics-geographical-statistics-2013-to-2014</a></p><p> </p><p> </p><p> </p><p>The Government is making changes to Child Tax Credit and Universal Credit which will help put welfare spending on a more sustainable path. The Government wants to move from a low wage, high tax, high welfare society to a higher wage, lower tax, lower welfare society. That means more emphasis on support to hardworking families on low incomes by reducing income tax through increases in the personal allowance and increasing wages, than on topping up low wages through tax credits.</p><p> </p><p> </p><p> </p> answering member constituency East Hampshire answering member printed Damian Hinds question first answered 14/07/2015 13:38:47 answering member 3969 label Biography information for Damian Hinds
tabling member	4458 label Biography information for Conor McGinn

385931

registered interest
date	26/06/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Revenue and Customs: St Helens North
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many telephone calls to HM Revenue and Customs from residents and businesses in St Helens North constituency were unanswered in 2014-15.
tabling member constituency	St Helens North
tabling member printed	Conor McGinn
uin	4440
answer	answer is ministerial correction date of answer 01/07/2015 answer text <p>HM Revenue and Customs (HMRC) does not hold this data by constituency.</p><p> </p><p> </p><p> </p><p>HMRC handles around 50 million telephone calls annually and regularly publishes general performance reports on GOV.UK.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 01/07/2015 11:22:05 answering member 1529 label Biography information for Mr David Gauke
tabling member	4458 label Biography information for Conor McGinn