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1104663

registered interest
date	25/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	London Capital & Finance: Insolvency
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether they intend to launch an independent review into the Financial Conduct Authority's regulatory oversight of London Capital and Finance Plc.
tabling member printed	Lord Myners
uin	HL14788
answer	answer is ministerial correction date of answer 08/04/2019 answer text <p>On 1 April, the Economic Secretary announced that he will use powers under the Financial Services Act 2012 to direct the Financial Conduct Authority (FCA) to launch an investigation into the events at London Capital &amp; Finance and the circumstances surrounding them. This followed a request from the FCA Chair, Charles Randell, to the Economic Secretary to launch such an investigation.</p><p> </p><p>The investigation will be led by an independent person appointed by the FCA, with the approval of HM Treasury.</p> answering member printed Lord Bates question first answered 08/04/2019 16:53:27 answering member 1091 label Biography information for Lord Bates
tabling member	3869 label Biography information for Lord Myners

1104665

registered interest
date	25/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Works Loan Board
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government who is responsible for setting the credit risk budget for the Public Works Loan Board; who has responsibility for lending decisions; and when they last assessed the role of that Board in delivering public policy and fiscal management targets.
tabling member printed	Lord Myners
uin	HL14790
answer	answer is ministerial correction date of answer 08/04/2019 answer text <p>The Public Works Loan Board (PWLB) is a statutory body that issues loans to local authorities, and other specified bodies in England, Scotland and Wales. The PWLB’s policy framework is set by HM Treasury.</p><p> </p><p>Responsibility for local authority spending and borrowing decisions lie with locally-elected council members, who are democratically accountable to their electorates. Since 2004, major local authorities have been able to borrow without government consent provided they can afford the borrowing costs. Local authorities are required to have regard to the Prudential Code and statutory guidance when they borrow from the PWLB or from any other lender. The Prudential Code and statutory guidance were updated in 2018 to increase transparency and accountability, and ensure that local authorities take investment decisions after careful consideration of risk and proportionality. Before it can advance a loan, the PWLB requires formal assurance from the authority that the loan is within their borrowing powers and the relevant legislation.</p><p> </p><p>As with all policies, the government keeps the lending policy for the PWLB under review.</p> answering member printed Lord Bates question first answered 08/04/2019 15:35:36 answering member 1091 label Biography information for Lord Bates
tabling member	3869 label Biography information for Lord Myners

1104674

registered interest
date	25/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Debts
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what steps they are taking to improve measures to support those with problem debt.
tabling member printed	Lord Taylor of Warwick
uin	HL14799
answer	answer is ministerial correction date of answer 08/04/2019 answer text The government is taking a proactive approach to support those in problem debt. First, the government has increased funding for publicly-funded debt advice to over £56 million in this financial year, enough to provide support to over 530,000 people. This advice helps vulnerable consumers to seek expert help with their debts and get their finances back on track.<p> </p><p>Second, the government is also implementing its manifesto commitment to introduce a breathing space and statutory debt repayment plan. The polices aim to give people in problem debt the opportunity to take control of their finances and put them on a sustainable footing.</p> answering member printed Lord Bates question first answered 08/04/2019 15:24:56 answering member 1091 label Biography information for Lord Bates
tabling member	1796 label Biography information for Lord Taylor of Warwick

1104676

registered interest
date	25/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Fraud
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what steps they are taking to work with banks to protect UK businesses against invoice fraud.
tabling member printed	Lord Taylor of Warwick
uin	HL14801
answer	answer is ministerial correction date of answer 08/04/2019 answer text The Government takes fraud extremely seriously and recognises the devastating impacts these crimes can have. The Government has created the Joint Fraud Taskforce, which brings together government, the banks and law enforcement to develop a collective response to fraud. The objectives of the Taskforce are to protect the public and businesses from fraud, reduce the impact of fraud on victims, and increase the disruption and prosecution of fraudsters.<p> </p>It has also been made easier to report fraud to law enforcement. Action Fraud is the UK’s reporting centre for fraud and cybercrime, providing a central point of contact for information about fraud and financially motivated internet crime. answering member printed Lord Bates question first answered 08/04/2019 15:36:49 answering member 1091 label Biography information for Lord Bates
tabling member	1796 label Biography information for Lord Taylor of Warwick

1104794

registered interest
date	25/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Holiday Accommodation: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effectiveness of the taxation rate for online accommodation booking businesses.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	236411
answer	answer is ministerial correction date of answer 28/03/2019 answer text <p>There is no difference in the VAT treatment of business activity based on the mode of delivery. UK VAT rules apply equally to accommodation bookings, whether made online or not.</p><p> </p><p>The government also announced a new Digital Services Tax at Budget 2018. From April 2020 this will apply a 2% tax to the UK revenues of search engines, social media platforms and online marketplaces, and is forecast to raise £1.5bn over four years.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 28/03/2019 17:06:06 answering member 3935 label Biography information for Mel Stride
tabling member	4124 label Biography information for Chi Onwurah

1104795

registered interest
date	25/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Revenue and Customs: Portsmouth
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will publish in full the results from any local economic impact assessment ahead of the decision to close the HMRC office in Portsmouth.
tabling member constituency	Portsmouth South
tabling member printed	Stephen Morgan
uin	236517
answer	answer is ministerial correction date of answer 28/03/2019 answer text <p>HMRC’s office in Portsmouth is being retained as a transitional site until 2025-26.</p><p> </p><p>HMRC’s decision to move to regional centres is intended to improve the efficiency and delivery of HMRC’s objectives. HMRC is committed to maximising tax revenue, increasing compliance and reducing the tax gap while delivering best value to the taxpayer and has to prioritise these aims.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 28/03/2019 16:56:51 answering member 3935 label Biography information for Mel Stride
tabling member	4653 label Biography information for Stephen Morgan

1104796

registered interest
date	25/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Revenue and Customs: Portsmouth
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what is the cumulative length of service of all HMRC staff (a) employed at and (b) at risk of redundancy from the closure of the Portsmouth office.
tabling member constituency	Portsmouth South
tabling member printed	Stephen Morgan
uin	236518
answer	answer is ministerial correction date of answer 28/03/2019 answer text <p>The HMRC office at Portsmouth, Lynx House, is scheduled to close in 2025-26 under HMRC’s location strategy. The number of staff in the office who may be at risk of redundancy will not be known until after the completion of conversations between staff and their managers. The discussions are held around a year in advance of any move and take personal circumstances into account.</p><p> </p><p>HMRC wants to keep as many employees as possible as it moves to its regional centres. It has been clear that if someone can move to a regional centre and has the skills it needs or is able to develop them, there will be a role for them.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 28/03/2019 16:57:33 answering member 3935 label Biography information for Mel Stride
tabling member	4653 label Biography information for Stephen Morgan

1104797

registered interest
date	25/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Revenue and Customs: South of England
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the cumulative years of experience lost through staff redundancy by HMRC in south coast offices in 2018.
tabling member constituency	Portsmouth South
tabling member printed	Stephen Morgan
uin	236519
answer	answer is ministerial correction date of answer 02/04/2019 answer text <p>HMRC is reshaping to become a modern, flexible and cost-effective organisation, occupying fewer offices, and able to maximise revenue yield through increased compliance, greater capacity for digital business and by providing better, more personal services for its customers. Around 6,000 staff leave the department each year through resignations, retirements, and for other reasons. It is not possible to reliably calculate the exact number of years of experience which this equates to in any given year, as HMRC does not hold all the data necessary to adjust for those who are part-time, those who had career breaks, or those who worked other reduced working patterns.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 02/04/2019 15:12:03 answering member 3935 label Biography information for Mel Stride
tabling member	4653 label Biography information for Stephen Morgan

1104812

registered interest
date	25/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Coinage
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 5 February 2019 to Question 215222 on Brexit: Festivals and Special Occasions, on what date The Royal Mint plans for the 50 pence coin commemorating the UK’s departure from the EU to go into circulation.
tabling member constituency	Glasgow North
tabling member printed	Patrick Grady
uin	236421
answer	answer is ministerial correction date of answer 28/03/2019 answer text <p>The commemorative 50p to mark the UK leaving the European Union will be made available following the UK’s departure. As previously confirmed, the coin will be available to buy from the Royal Mint and will not go into circulation. Those interested in purchasing a coin can register their details on the Royal Mint’s website.</p><p> </p> answering member constituency Newark answering member printed Robert Jenrick question first answered 28/03/2019 16:17:16 answering member 4320 label Biography information for Robert Jenrick
tabling member	4432 label Biography information for Patrick Grady

1104813

registered interest
date	25/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Coinage
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, on what date The Royal Mint began or plans to begin production of the 50 pence coin commemorating the UK’s departure from the EU.
tabling member constituency	Glasgow North
tabling member printed	Patrick Grady
uin	236422
answer	answer is ministerial correction date of answer 28/03/2019 answer text <p>The commemorative 50p to mark the UK leaving the European Union will be made available following the UK’s departure.</p><p> </p> answering member constituency Newark answering member printed Robert Jenrick question first answered 28/03/2019 17:40:00 answering member 4320 label Biography information for Robert Jenrick
tabling member	4432 label Biography information for Patrick Grady