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1721553

	registered interest
	date	17/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Pay and Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of the proposed alignment of the Retail Prices Index methodology with the Consumer Prices Index, including owner occupier housing costs from February 2030 on (a) wage-setting and (b) private sector pension benefit uprating.
	tabling member constituency	Birmingham Northfield
	tabling member printed	Laurence Turner
	uin	268
	answer	answer is ministerial correction date of answer 24/07/2024 answer text <p>The alignment of the methods and data sources of the Consumer Prices Index including owner occupiers’ housing costs into the Retail Price Index (RPI) reflects the flaws in RPI which can either overstate or understates price changes. The Bank of England will assess if these changes significantly impact certain index-linked gilt holders.</p><p> </p><p>The Government recognises the widespread use of RPI and that there are potential impacts from the reform. Whilst there is legislation around the minimum indexation requirements for defined benefit schemes, scheme rules will determine how any pensioners' benefits are increased each year.</p><p> </p><p>The independent Office for Budget Responsibility will publish a revised 5-year wage-growth forecast in their next Economic and Fiscal Outlook, considering all relevant factors.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 24/07/2024 15:48:28 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5234

1721566

	registered interest
	date	17/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Pensions: Lump Sum Payments
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of amending paragraph 1(b) of Schedule 29 to the Finance Act 2004 to ensure that people with enhanced protection are not limited in the amount of pension commencement lump sum they can obtain.
	tabling member constituency	East Renfrewshire
	tabling member printed	Blair McDougall
	uin	281
	answer	answer is ministerial correction date of answer 24/07/2024 answer text <p>Paragraph 1(b) of Schedule 29 to the Finance Act 2004 provides for a pension commencement lump sum where all or part of a member’s lump sum allowance, and all or part of their lump sum and death benefit allowance, is available.</p><p> </p><p>Those with enhanced protection against pension tax charges are entitled to the same amount of pension commencement lump sum they would have expected to receive prior to 6 April 2023. This enables them to receive up to £375,000 if they have sufficient available lump sum allowance.</p><p> </p><p>The government has no plans to enable those with enhanced protection, or any other protection, to access additional tax-free lump sums where they have already taken the maximum amount. This maintains members’ expectations in respect of their tax-free lump sums.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 24/07/2024 15:42:00 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5076

1721621

	registered interest
	date	17/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Public Expenditure: Northern Ireland
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what bids have been submitted by the Northern Ireland Executive Department of Finance for 2024-25 based on the operation of the (a) Windsor Framework and (b) Windsor Framework (Implementation) Regulations 2024; and what available funding has been confirmed for implementation of the Windsor Framework arrangements for 2024-25.
	tabling member constituency	North Antrim
	tabling member printed	Jim Allister
	uin	336
	answer	answer is ministerial correction date of answer 22/07/2024 answer text <p>As set out in the Statement of Funding Policy, the UK Government has committed to fund the direct costs associated with reaching the required level of compliance to implement its obligations under the Windsor Framework.</p><p> </p><p>The provision under this commitment is set out in the Northern Ireland Office’s Main Estimates 2024-25 Memoranda.</p> answering member constituency Bristol North West answering member printed Darren Jones question first answered 22/07/2024 16:20:15 answering member 4621 label Biography information for Darren Jones
	tabling member	5356

1721629

	registered interest
	date	17/07/2024
	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 the Chancellor of the Exchequer, what progress she has made on establishing an (a) independent and (b) wide-ranging review into the loan charge.
	tabling member constituency	East Renfrewshire
	tabling member printed	Blair McDougall
	uin	344
	answer	answer is ministerial correction date of answer 23/07/2024 answer text <p>The Chancellor and I know the loan charge is a very important one for many members and their constituents. We have been considering this matter since taking office and will provide an update in due course.</p> answering member constituency Ealing North answering member printed James Murray question first answered 23/07/2024 12:55:41 answering member 4797 label Biography information for James Murray
	tabling member	5076

1721632

	registered interest
	date	17/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Banking Hubs
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps she plans to take to support the provision of bank hubs in local communities across the UK.
	tabling member constituency	York Outer
	tabling member printed	Mr Luke Charters
	uin	347
	answer	answer is ministerial correction date of answer 25/07/2024 answer text <p>The Government is committed to protecting access to cash for individuals and businesses. The most recent analysis undertaken by the FCA on cash access coverage across the UK found that in Q2 2023, over 99% of people in urban areas are within 1 mile of a cash access point offering withdrawals, and over 98% of people in rural areas are within 3 miles of a cash access point offering withdrawals. Further details of this analysis, including a breakdown of cash access coverage by Local Authority District is available on the FCA website: <a href="https://www.fca.org.uk/publications/data/access-cash-coverage-uk-2023-q2" target="_blank">https://www.fca.org.uk/publications/data/access-cash-coverage-uk-2023-q2</a></p><p> </p><p>The Financial Conduct Authority is the regulator responsible for access to cash further to the Financial Services and Markets Act 2023, with powers to seek to ensure the reasonable provision of cash withdrawal and deposit facilities for individuals and businesses, including free withdrawal services for individuals. The FCA has recently published its final rules setting out its regulatory approach to protecting access to cash. These can be found on the FCA's website: <a href="https://www.fca.org.uk/publication/policy/ps24-8.pdf" target="_blank">https://www.fca.org.uk/publication/policy/ps24-8.pdf</a></p><p> </p><p>The Government also recognises the importance of banking to communities and high streets. The Government has therefore committed to work closely with banks to roll out at least 350 banking hubs, which provide individuals and businesses up and down the country with critical cash and banking services.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq grouped question UIN 352 question first answered 25/07/2024 10:46:48 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5199

1721637

	registered interest
	date	17/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Money: York Outer
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if she will make an assessment of the (a) access to and (b) availability of cash for (i) businesses and (ii) consumers in York Outer constituency.
	tabling member constituency	York Outer
	tabling member printed	Mr Luke Charters
	uin	352
	answer	answer is ministerial correction date of answer 25/07/2024 answer text <p>The Government is committed to protecting access to cash for individuals and businesses. The most recent analysis undertaken by the FCA on cash access coverage across the UK found that in Q2 2023, over 99% of people in urban areas are within 1 mile of a cash access point offering withdrawals, and over 98% of people in rural areas are within 3 miles of a cash access point offering withdrawals. Further details of this analysis, including a breakdown of cash access coverage by Local Authority District is available on the FCA website: <a href="https://www.fca.org.uk/publications/data/access-cash-coverage-uk-2023-q2" target="_blank">https://www.fca.org.uk/publications/data/access-cash-coverage-uk-2023-q2</a></p><p> </p><p>The Financial Conduct Authority is the regulator responsible for access to cash further to the Financial Services and Markets Act 2023, with powers to seek to ensure the reasonable provision of cash withdrawal and deposit facilities for individuals and businesses, including free withdrawal services for individuals. The FCA has recently published its final rules setting out its regulatory approach to protecting access to cash. These can be found on the FCA's website: <a href="https://www.fca.org.uk/publication/policy/ps24-8.pdf" target="_blank">https://www.fca.org.uk/publication/policy/ps24-8.pdf</a></p><p> </p><p>The Government also recognises the importance of banking to communities and high streets. The Government has therefore committed to work closely with banks to roll out at least 350 banking hubs, which provide individuals and businesses up and down the country with critical cash and banking services.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq grouped question UIN 347 question first answered 25/07/2024 10:46:51 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5199

1721663

	registered interest
	date	17/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Import Duties: Northern Ireland
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, for what reason goods imported to Northern Ireland from (a) China and (b) other non-EU countries are charged a higher third country duty tariff than goods imported from those countries to Great Britain.
	tabling member constituency	North Antrim
	tabling member printed	Jim Allister
	uin	378
	answer	answer is ministerial correction date of answer 22/07/2024 answer text <p>Under the terms of the Windsor Framework, goods being brought into Northern Ireland from non-EU countries attract customs duty at the relevant EU rate if they are deemed ‘at risk’ of entering the EU. In some circumstances those duties can be waived or the difference between the EU and UK rate reimbursed. If the goods are not regarded as ‘at risk’ of entering the EU they will attract customs duty at UK rates.</p> answering member constituency Ealing North answering member printed James Murray question first answered 22/07/2024 13:20:10 answering member 4797 label Biography information for James Murray
	tabling member	5356

1721664

	registered interest
	date	17/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	UK Internal Trade: Northern Ireland
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what the (a) volume and (b) value was of (i) goods and (ii) other materials sent from Great Britain to Northern Ireland in each of the last five years.
	tabling member constituency	North Antrim
	tabling member printed	Jim Allister
	uin	379
	answer	answer is ministerial correction date of answer 22/07/2024 answer text <p>Data on goods moved into Northern Ireland from Great Britain can be obtained from the official statistics produced on the GOV.UK website.</p><p><br> HM Revenue &amp; Customs (HMRC) has published a <a href="https://www.gov.uk/government/statistics/summary-of-movements-of-goods-into-northern-ireland-from-great-britain-2023/summary-of-movements-of-goods-into-northern-ireland-from-great-britain-2023-commentary" target="_blank">Summary of movements of goods into Northern Ireland from Great Britain covering 2023</a>. Details for <a href="https://www.gov.uk/government/statistics/summary-of-movements-of-goods-into-northern-ireland-from-great-britain-2022" target="_blank">2022</a> and <a href="https://www.gov.uk/government/statistics/summary-of-movements-of-goods-into-northern-ireland-from-great-britain-2021" target="_blank">2021</a> are also available.</p><p><br> HMRC do not have details prior to 2021 as this information was not collected before EU-Exit .</p><p> </p> answering member constituency Ealing North answering member printed James Murray question first answered 22/07/2024 13:22:16 answering member 4797 label Biography information for James Murray
	tabling member	5356

1721873

	registered interest
	date	17/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Private Education: VAT
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if she will make it her policy to not charge VAT on independent schools.
	tabling member constituency	Farnham and Bordon
	tabling member printed	Gregory Stafford
	uin	588
	answer	answer is ministerial correction date of answer 22/07/2024 answer text <p>The Government is committed to breaking down barriers to opportunity, ensuring every child has access to high-quality education, which is why we have made the tough decision to end tax breaks for private schools. This will raise revenue for essential public services, including investing in the state education system.</p><p> </p><p>The Prime Minister has been clear that if a child has an Education, Health and Care Plan that requires them to attend a private school because their needs cannot be met in the state sector, they will not feel an impact from VAT being charged on fees. The Chancellor has also been clear that changes will not come into force until 2025.</p><p> </p><p>Further details on this policy will be set out in due course. The Government engages with a wide range of stakeholders with an interest in Government policy, including VAT, as part of the policy development and implementation process as a matter of course.</p> answering member constituency Ealing North answering member printed James Murray grouped question UIN 261 262 43 question first answered 22/07/2024 13:16:53 answering member 4797 label Biography information for James Murray
	tabling member	5351

1722125

	registered interest
	date	18/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Banking Hubs
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what her planned timetable is for rolling out banking hubs in communities affected by branch closures.
	tabling member constituency	Macclesfield
	tabling member printed	Tim Roca
	uin	777
	answer	answer is ministerial correction date of answer 23/07/2024 answer text <p>The Government recognises the importance of banking to communities and high streets and has committed to work closely with banks to roll out at least 350 banking hubs over the next five years.</p><p> </p><p>147 banking hubs have already been recommended and Cash Access UK, the industry body responsible for banking hub deployment, expects 100 banking hubs to be open before the end of the year. These will provide individuals and businesses up and down the country with critical cash and banking services.</p><p> </p><p>While not the same as a bank branch, alternative options to access everyday banking services can also include telephone banking, through digital means such as mobile or online banking, and via one of the UK’s 11,500 Post Office branches.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 23/07/2024 16:20:22 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5287

1722281

	registered interest
	date	19/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Office of Financial Sanctions Implementation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps her Department is taking with the Office of Financial Sanctions Implementation to enforce the UK’s sanctions regime.
	tabling member constituency	York Outer
	tabling member printed	Mr Luke Charters
	uin	850
	answer	answer is ministerial correction date of answer 24/07/2024 answer text <p>The Treasury’s Office of Financial Sanctions Implementation (OFSI) is responsible for civil enforcement of the UK’s financial sanctions regimes.</p><p> </p><p>OFSI is committed to ensuring that the UK has the strongest possible capability to implement and enforce the UK’s financial sanctions. OFSI has scaled up its enforcement capabilities through legislative changes and expanded its team, allowing it to progress a higher number of complex investigations. For example, in the financial year 2022 – 2023 OFSI increased resource in its enforcement team by 175%.</p><p> </p><p>OFSI expects to see the first monetary penalties resulting from breaches related to the 2022 Russia designations in 2024.</p><p> </p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 24/07/2024 16:08:44 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5199

1722286

	registered interest
	date	19/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Childcare: Applications
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment her Department has made on the effectiveness of the system for applying for tax-free childcare.
	tabling member constituency	York Outer
	tabling member printed	Mr Luke Charters
	uin	851
	answer	answer is ministerial correction date of answer 29/07/2024 answer text <p>Tax-Free Childcare (TFC) provides financial support for eligible working parents in paying their childcare costs. For every £8 parents pay into their childcare account, the government adds £2.</p><p> </p><p>It takes around 20 minutes for an eligible customer to open an online account. Accounts can be opened at any time of the year and can be used straight away. Money can be deposited at any time and used when needed. Any unused money that is deposited can be simply withdrawn at any time.</p><p> </p><p>Approved or registered childcare providers can sign up online to accept TFC. The sign-up process takes around 10 minutes.</p> answering member constituency Bristol North West answering member printed Darren Jones question first answered 29/07/2024 16:01:35 answering member 4621 label Biography information for Darren Jones
	tabling member	5199

1722629

	registered interest
	date	22/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Banking Hubs
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what her planned timetable is for introducing banking hubs in communities affected by bank branch closures.
	tabling member constituency	Gedling
	tabling member printed	Michael Payne
	uin	1076
	answer	answer is ministerial correction date of answer 29/07/2024 answer text <p>The Government recognises the importance of banking to communities and high streets and has committed to work closely with banks to roll out 350 banking hubs over the next five years.</p><p> </p><p>So far, 147 banking hubs have been recommended and Cash Access UK, the industry body responsible for banking hub deployment, expects 100 banking hubs to be open before the end of the year. These will provide individuals and businesses up and down the country with critical cash and banking services.</p><p> </p><p>While not the same as a bank branch, alternative options to access everyday banking services can also include telephone banking, through digital means such as mobile or online banking, and via one of the UK’s 11,500 Post Office branches.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 29/07/2024 10:33:51 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5146

1722682

	registered interest
	date	22/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Hospitality Industry: Government Assistance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what fiscal steps she is taking to support the independent hospitality sector; and if she will make an assessment of the potential merits of (a) reducing the rate of VAT for and (b) providing other targeted support to that sector.
	tabling member constituency	Mid Cheshire
	tabling member printed	Andrew Cooper
	uin	1129
	answer	answer is ministerial correction date of answer 30/07/2024 answer text <p>The Government very much recognises the importance of independent hospitality. As new Ministers we are keen to engage with the sector to understand its priorities.</p><p>VAT is the UK's second largest tax forecast to raise £176 billion in 2024/25, helping to fund our public services including the NHS and education.</p><p> </p><p>The Chancellor makes decisions on tax policy at fiscal events.</p> answering member constituency Ealing North answering member printed James Murray question first answered 30/07/2024 12:54:30 answering member 4797 label Biography information for James Murray
	tabling member	5195

1723047

	registered interest
	date	23/07/2024
	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 her Department is taking to help preserve access to banking on high streets.
	tabling member constituency	Broxbourne
	tabling member printed	Lewis Cocking
	uin	1431
	answer	answer is ministerial correction date of answer 29/07/2024 answer text <p>The Government recognises the importance of banking to communities and high streets and has committed to work closely with banks to roll out 350 banking hubs over the next five years. These will provide individuals and businesses up and down the country with critical cash and banking services.</p><p> </p><p>So far, 147 banking hubs have been recommended and Cash Access UK, the industry body responsible for banking hub deployment, expects 100 banking hubs to be open before the end of the year.</p><p> </p><p>While not the same as a bank branch, alternative options to access everyday banking services can also include telephone banking, through digital means such as mobile or online banking, and via one of the UK’s 11,500 Post Office branches.</p><p> </p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 29/07/2024 16:15:10 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5050

1723071

	registered interest
	date	23/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Social Security Benefits: Children
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what estimate her Department has made of the increase in the annual rate of GDP growth that would be required to fund the removal of the two-child benefit cap.
	tabling member constituency	North East Hertfordshire
	tabling member printed	Chris Hinchliff
	uin	1455
	answer	answer is ministerial correction date of answer 30/07/2024 answer text <p>Had the UK economy grown at the average rate of OECD economies over the fourteen years from 2010, it would be £143.3 billion larger – worth £5,053 for every household in the country. This could have brought in an additional £58 billion in tax revenues in the last year alone to sustain our public services.</p><p> </p><p>Sustained economic growth is critical to fund high quality public services and improve living standards.</p> answering member constituency Bristol North West answering member printed Darren Jones question first answered 30/07/2024 07:32:11 answering member 4621 label Biography information for Darren Jones
	tabling member	5244

1723218

	registered interest
	date	24/07/2024
	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 the Chancellor of the Exchequer, whether she has (a) received representations from and (b) held discussions with campaigners on the loan charge.
	tabling member constituency	Bracknell
	tabling member printed	Peter Swallow
	uin	1608
	answer	answer is ministerial correction date of answer 29/07/2024 answer text <p>I know that the loan charge is a very important matter for many members and their constituents. Within my first two weeks in office, I had my first meeting with campaigners to discuss the loan charge. The Chancellor and I have been considering this matter since taking office and will provide an update in due course.</p> answering member constituency Ealing North answering member printed James Murray question first answered 29/07/2024 15:28:04 answering member 4797 label Biography information for James Murray
	tabling member	5165

1723629

	registered interest
	date	25/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Coronavirus: Contracts
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how the Covid Corruption Commissioner will (a) work and (b) liaise with other Departments across Government.
	tabling member constituency	York Outer
	tabling member printed	Mr Luke Charters
	uin	1863
	answer	answer is ministerial correction date of answer 02/08/2024 answer text <p>The Commissioner, once appointed, will work closely with other Departments, such as DHSC, and will draw on additional expertise in the Public Sector Fraud Authority, Government Debt Management Function and Government Commercial Function to undertake their role.</p> answering member constituency Bristol North West answering member printed Darren Jones question first answered 02/08/2024 08:11:21 answering member 4621 label Biography information for Darren Jones
	tabling member	5199

1723648

	registered interest
	date	25/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Credit: Regulation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether she plans to bring forward legislative proposals to regulate buy-now-pay-later financial products.
	tabling member constituency	Lagan Valley
	tabling member printed	Sorcha Eastwood
	uin	1882
	answer	answer is ministerial correction date of answer 31/07/2024 answer text <p>Regulating Buy Now Pay Later products is crucial to protect people and deliver certainty for the sector.</p><p> </p><p>The government will be looking to work closely with all interested stakeholders and will set out its plans shortly.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 31/07/2024 15:17:35 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5125

1724054

	registered interest
	date	29/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Development Aid
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what estimate she has made of the funding required to restore aid spending to 0.7% of GDP.
	tabling member constituency	Ealing Southall
	tabling member printed	Deirdre Costigan
	uin	2167
	answer	answer is ministerial correction date of answer 03/09/2024 answer text <p>This Government is committed to restoring ODA spending at the level of 0.7 per cent of GNI as soon as fiscal circumstances allow. The Government will set out its approach to the House in due course.</p> answering member constituency Bristol North West answering member printed Darren Jones question first answered 03/09/2024 16:38:06 answering member 4621 label Biography information for Darren Jones
	tabling member	5075

1724135

	registered interest
	date	29/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Business: Closures
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many high street businesses in (a) Wellingborough constituency, (b) Northamptonshire and (c) England have closed in each of the last five years; and whether she plans to make changes to the level of business rates in the next five years.
	tabling member constituency	High Peak
	tabling member printed	Jon Pearce
	uin	2185
	answer	answer is ministerial correction date of answer 05/09/2024 answer text <p>Data is not collected by the government on high street closures.</p><p> </p><p>The government is committed to a fairer business rates system. The retail sector accounts for approximately 21% of Rateable Value but only contributes 5% to Gross Value Added (GVA). In our manifesto, we pledged to level the playing field between the high street and online giants, as well as to take steps to incentivise investment, tackle empty properties and support entrepreneurship.</p> answering member constituency Ealing North answering member printed James Murray question first answered 05/09/2024 13:59:41 answering member 4797 label Biography information for James Murray
	tabling member	5115

1724136

	registered interest
	date	29/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Low Incomes: High Peak
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps she is taking to help support people on lower incomes in High Peak constituency.
	tabling member constituency	High Peak
	tabling member printed	Jon Pearce
	uin	2186
	answer	answer is ministerial correction date of answer 05/09/2024 answer text <p>The government is focused on improving living standards across the country, which is why economic growth remains a top priority. If Real Household Disposable Income per capita had grown at the same rate between 2010 and 2023 as it did from 1997 to 2010, it would be over £4,000 higher today.</p><p>We are committed to ensuring economic stability, by keeping inflation and energy bills as low as possible. To do this, we need to fix the foundations and rebuild Britain, so we can make every part of our country better off. That is why we will soon outline plans to improve energy efficiency across the UK’s housing stock, helping to reduce energy consumption, emissions, and household bills. Further details will be outlined in the upcoming Spending Review.</p><p>A new Ministerial Taskforce has been established to develop a comprehensive strategy to reduce child poverty. We have updated the remit of the Low Pay Commission to take to account of the cost of living when making recommendations on the National Living Wage.</p><p> </p><p>We will collaborate with Claire Ward, the East Midlands Mayor, and the Combined County Authority, to develop an ambitious, long-term Local Growth Plan for the area, including High Peak and Derbyshire. This plan will address local strengths and barriers to growth in the East Midlands, aiming to drive economic growth, narrow inequalities, and support delivery of the national industrial strategy.</p><p> </p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 05/09/2024 13:58:06 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5115

1724137

	registered interest
	date	29/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Banks: Derbyshire
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will make an estimate of the number of bank branches that have closed in (a) High Peak constituency and (b) Derbyshire in each year since 2010.
	tabling member constituency	High Peak
	tabling member printed	Jon Pearce
	uin	2187
	answer	answer is ministerial correction date of answer 02/09/2024 answer text <p>The Government does not hold bank branch closure data from 2010.</p><p> </p><p>Guidance from the FCA sets out its expectation of firms when they are deciding to reduce their physical branches or the number of free-to-use ATMs. Firms are expected to carefully consider the impact of planned branch closures on their customers’ everyday banking and cash access needs, and put in place alternatives, where this is reasonable.</p><p> </p><p>Alternative options to access everyday banking services can include telephone banking, through digital means such as mobile or online banking, and via one of the UK’s 11,500 Post Office branches.</p><p> </p><p>The Government recognises the importance of face-to-face banking to communities and high streets. The Government has therefore committed to work closely with banks to roll out at least 350 banking hubs, which provide individuals and businesses up and down the country with critical cash and banking services.</p><p> </p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq grouped question UIN 2188 question first answered 02/09/2024 10:16:26 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5115

1724138

	registered interest
	date	29/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Banks: High Peak
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of bank closures on access to (a) cash and (b) in-person services in High Peak constituency.
	tabling member constituency	High Peak
	tabling member printed	Jon Pearce
	uin	2188
	answer	answer is ministerial correction date of answer 02/09/2024 answer text <p>The Government does not hold bank branch closure data from 2010.</p><p> </p><p>Guidance from the FCA sets out its expectation of firms when they are deciding to reduce their physical branches or the number of free-to-use ATMs. Firms are expected to carefully consider the impact of planned branch closures on their customers’ everyday banking and cash access needs, and put in place alternatives, where this is reasonable.</p><p> </p><p>Alternative options to access everyday banking services can include telephone banking, through digital means such as mobile or online banking, and via one of the UK’s 11,500 Post Office branches.</p><p> </p><p>The Government recognises the importance of face-to-face banking to communities and high streets. The Government has therefore committed to work closely with banks to roll out at least 350 banking hubs, which provide individuals and businesses up and down the country with critical cash and banking services.</p><p> </p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq grouped question UIN 2187 question first answered 02/09/2024 10:16:26 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5115

1724149

	registered interest
	date	29/07/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Banking Hubs
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what criteria her Department plans to use to identify locations for banking hubs; and if she will set out a timetable for rolling out hubs in constituencies affected by branch closures.
	tabling member constituency	Dunstable and Leighton Buzzard
	tabling member printed	Alex Mayer
	uin	2191
	answer	answer is ministerial correction date of answer 02/09/2024 answer text <p>The Government recognises the importance of banking to communities and high streets and has committed to work closely with banks to roll out 350 banking hubs over the next five years. These will provide individuals and businesses up and down the country with critical cash and banking services.</p><p> </p><p>Banking hubs are a voluntary service developed by the financial services sector in the context of legislation to protect individuals’ and businesses’ access to cash deposit and withdrawal services under the Financial Services Act 2023. Their rollout is overseen by Cash Access UK, a not-for-profit company set up and funded by the banks for the purpose of coordinating banking hub delivery. LINK, the operator of the UK’s largest ATM network, is responsible for assessing a community’s needs regarding access to cash. Where LINK considers that a community requires additional cash services, Cash Access UK will provide a suitable shared solution, such as a deposit service, or a banking hub, for cash users in that community.</p><p> </p><p>So far, 147 banking hubs have been recommended and Cash Access UK expects 100 banking hubs to be open before the end of the year.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq question first answered 02/09/2024 10:38:24 answering member 4518 label Biography information for Tulip Siddiq
	tabling member	5141