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944683

registered interest
date	19/07/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the reasons for the reduction in wage growth between March and May 2018.
tabling member constituency	Warrington South
tabling member printed	Faisal Rashid
uin	166277
answer	answer is ministerial correction date of answer 26/07/2018 answer text According to the Office for National Statistics (ONS), the level of total average weekly earnings has been growing steadily since January 2017, between March and May 2018 it increased from £515 to £517. Total real pay growth was 0.1% in the three months to May. The Office for Budget Responsibility (OBR) expect average earnings to grow faster than inflation in every year of the forecast.<p> </p><p>The employment rate is currently at a record high and the Government is taking action to support wages. Supported by the introduction of the National Living Wage, the lowest paid have seen their wages grow by 7% above inflation between April 2015 and April 2017.</p><p> </p><p>Boosting productivity is the only way to achieve sustained wage growth and higher living standards. That’s why in the Autumn Budget, the Chancellor announced that the National Productivity Investment Fund, introduced in 2016 to invest in housing, R&amp;D and infrastructure, would be extended and increased from £23bn to £31bn.</p> answering member constituency Salisbury answering member printed John Glen question first answered 26/07/2018 12:39:15 answering member 4051 label Biography information for John Glen
tabling member	4670 label Biography information for Faisal Rashid

944686

registered interest
date	19/07/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, with reference to paragraph 33 of the Fiscal sustainability report – July 2018, published by the Office of Budget Responsibility on 17 July 2018, what assessment he has made of the implications for his Department's policies that Brexit is more likely to weaken the public finances than strengthen them over the medium term.
tabling member constituency	Warrington South
tabling member printed	Faisal Rashid
uin	166279
answer	answer is ministerial correction date of answer 25/07/2018 answer text <p>As set out in its White Paper published on 12 July 2018, the government is seeking a deep and comprehensive economic partnership with the EU, broader in scope than any other that exists between the EU and a third country. This partnership will protect jobs and support growth while respecting the UK’s sovereignty, preserving the constitutional and economic integrity of the UK’s own Union, and respecting the EU’s autonomy and the integrity of the Single Market.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 25/07/2018 13:24:06 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4670 label Biography information for Faisal Rashid

939944

registered interest
date	12/07/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Motor Vehicles: Manufacturing Industries
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the reasons for the reductions in the level of investment in the UK car industry in the last 12 months.
tabling member constituency	Warrington South
tabling member printed	Faisal Rashid
uin	163631
answer	answer is ministerial correction date of answer 18/07/2018 answer text <p>The latest figures from the Office for National Statistics figures show that in 2017, overall manufacturing investment grew by 3.1% and car sales were 25% higher than in 2010. The automotive sector is a valuable part of the UK economy and the government has recently established the first automotive sector deal. Through mechanisms such as the Advanced Propulsion Centre, we have approved R&amp;D projects worth £680 million with £322 million of Government investment.</p><p> </p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 18/07/2018 15:03:23 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4670 label Biography information for Faisal Rashid

909413

registered interest
date	22/05/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Avoidance
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential effect on the (a) economy and (b) NHS of the 2019 Loan Charge.
tabling member constituency	Warrington South
tabling member printed	Faisal Rashid
uin	146978
answer	answer is ministerial correction date of answer 04/06/2018 answer text <p>The 2019 loan charge is targeted at artificial schemes where earnings were paid in the form of non-repayable loans made by an offshore third party.</p><p> </p><p>It is unfair to ordinary taxpayers to let anybody benefit from contrived tax avoidance of this sort, and that is why this government has taken action to ensure that everybody pays the taxes they owe.</p><p> </p><p>Given the specific targeting of these contrived tax avoidance schemes, the 2019 loan charge is not expected to have significant effects on the economy or the NHS.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 04/06/2018 15:04:26 answering member 3935 label Biography information for Mel Stride
tabling member	4670 label Biography information for Faisal Rashid

887265

registered interest
date	19/04/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Aviation: Training
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of (a) levying VAT against (i) flight training and (ii) aviation gas on the number of trained UK pilots and (b) the shortage of trained UK pilots on the economy.
tabling member constituency	Warrington South
tabling member printed	Faisal Rashid
uin	136829
answer	answer is ministerial correction date of answer 25/04/2018 answer text <p>HM Treasury and HM Revenue and Customs do not hold information on VAT revenues that can be broken down to assess the impact of VAT on the number of trained UK pilots.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 25/04/2018 13:29:50 answering member 3935 label Biography information for Mel Stride
tabling member	4670 label Biography information for Faisal Rashid

847041

registered interest
date	22/02/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Tax Havens
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential merit of the introduction of favourable financial grants to rebuild and diversify the economies of tax havens that are conditional on benchmarks on (a) transparency, (b) accountability and (c) cooperation to tackle offshore tax avoidance and evasion.
tabling member constituency	Warrington South
tabling member printed	Faisal Rashid
uin	129215
answer	answer is ministerial correction date of answer 01/03/2018 answer text <p>The Government has no plans to introduce such grants. The UK supports international efforts to tackle aggressive tax avoidance and evasion, and supports lists of non-co-operative jurisdictions for tax purposes in the OECD and EU to encourage jurisdictions to comply with relevant international tax standards. The UK also supports capacity building programmes to help jurisdictions implement these standards, including through the OECD’s Global Forum, the OECD’s Inclusive Framework on Base Erosion and Profit Shifting, and a dedicated capacity building unit in HMRC.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 01/03/2018 14:52:37 answering member 3935 label Biography information for Mel Stride
tabling member	4670 label Biography information for Faisal Rashid

847042

registered interest
date	22/02/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Tax Havens: Withholding Tax
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 merits for tackling offshore tax avoidance and evasion of the imposition of a withholding tax on all interest and dividend payments to people and companies in tax havens which reject reform.
tabling member constituency	Warrington South
tabling member printed	Faisal Rashid
uin	129216
answer	answer is ministerial correction date of answer 01/03/2018 answer text <p>Government has taken significant steps to tackle multinational avoidance. That includes the introduction of the diverted profits tax, which raised over £280 million in 2016/17, and a restriction on the deductibility of corporate interest, which is estimated to raise £1 billion per annum. It also includes measures to extend UK withholding tax on royalties paid to low-tax jurisdictions</p><p> </p><p>The UK continues to engage with international efforts to improve adherence to international tax standards, including through the EU list of non-cooperative jurisdictions which was agreed by EU Finance Ministers in December last year.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 01/03/2018 13:05:51 answering member 3935 label Biography information for Mel Stride
tabling member	4670 label Biography information for Faisal Rashid

832942

registered interest
date	29/01/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	European Regional Development Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether the Government plans to match the funding provided by the European Regional Development Fund after the UK leaves the EU.
tabling member constituency	Warrington South
tabling member printed	Faisal Rashid
uin	125258
answer	answer is ministerial correction date of answer 05/02/2018 answer text <p>The government has committed to launch the UK Shared Prosperity Fund after the UK leaves the EU, using money returning to the UK from European structural funds, and to consult widely ahead of its launch. Further details on design will be set out following the consultation; however, the fund will be designed to reduce inequalities between communities, and be focused on domestic priorities.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 05/02/2018 15:47:22 answering member 4320 label Biography information for Robert Jenrick
tabling member	4670 label Biography information for Faisal Rashid

825764

registered interest
date	19/01/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Public Sector: Procurement
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, with reference to the National Audit Office report on PFI and PF2 published on 18 January 2018, what assessment he has made of the benefits of using publicly financed procurement with fixed-price contracts instead of private finance initiatives.
tabling member constituency	Warrington South
tabling member printed	Faisal Rashid
uin	123831
answer	answer is ministerial correction date of answer 29/01/2018 answer text <p>Prior to approval, all Private Finance 2 proposals should be assessed in line with The HM Treasury’s Green Book, including a comparison against an appropriate publicly funded option.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 29/01/2018 11:25:19 answering member 4320 label Biography information for Robert Jenrick
tabling member	4670 label Biography information for Faisal Rashid

825767

registered interest
date	19/01/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Public Private Partnerships
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, with reference to the National Audit Office report on PFI and PF2 published on 18 January 2018, whether his Department plans to conduct a review of the use of PFI and PF2 contracts and their long-term value for money.
tabling member constituency	Warrington South
tabling member printed	Faisal Rashid
uin	123834
answer	answer is ministerial correction date of answer 29/01/2018 answer text <p>We have no plans currently to conduct such a review. Prior to approval, all privately financed contracts should be assessed in line with HM Treasury’s Green Book.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 29/01/2018 11:23:20 answering member 4320 label Biography information for Robert Jenrick
tabling member	4670 label Biography information for Faisal Rashid