Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

1129596

registered interest
date	04/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Health Insurance: Insurance Premium Tax
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 effect of changes in the rate of Insurance Premium Tax on the sustainability of the health insurance market.
tabling member constituency	North Warwickshire
tabling member printed	Craig Tracey
uin	260077
answer	answer is ministerial correction date of answer 12/06/2019 answer text <p>The government publishes assessments of all tax changes at fiscal events. This includes examining the economic and business impacts. The assessment for the last change in Insurance Premium Tax (announced at Autumn Statement 2016) can be found here:</p><p><a href="https://www.gov.uk/government/publications/insurance-premium-tax-increase-of-standard-rate/insurance-premium-tax-increase-of-standard-rate" target="_blank">https://www.gov.uk/government/publications/insurance-premium-tax-increase-of-standard-rate/insurance-premium-tax-increase-of-standard-rate</a></p><p> </p><p>These costings are certified by the Office for Budget Responsibility.</p><p> </p><p>The government keeps all taxes under review and remains in regular discussion with the insurance industry and other interested parties, including the Financial Conduct Authority (FCA), on the provision of insurance in the UK.</p><p> </p><p>The government does not have a view on the impact of the size of the health insurance market on the NHS.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 260078 question first answered 12/06/2019 13:12:58 answering member 4051 label Biography information for John Glen
tabling member	4509 label Biography information for Craig Tracey

1129597

registered interest
date	04/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Health Insurance
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 effect of changes in the size of the health insurance market on the NHS.
tabling member constituency	North Warwickshire
tabling member printed	Craig Tracey
uin	260078
answer	answer is ministerial correction date of answer 12/06/2019 answer text <p>The government publishes assessments of all tax changes at fiscal events. This includes examining the economic and business impacts. The assessment for the last change in Insurance Premium Tax (announced at Autumn Statement 2016) can be found here:</p><p><a href="https://www.gov.uk/government/publications/insurance-premium-tax-increase-of-standard-rate/insurance-premium-tax-increase-of-standard-rate" target="_blank">https://www.gov.uk/government/publications/insurance-premium-tax-increase-of-standard-rate/insurance-premium-tax-increase-of-standard-rate</a></p><p> </p><p>These costings are certified by the Office for Budget Responsibility.</p><p> </p><p>The government keeps all taxes under review and remains in regular discussion with the insurance industry and other interested parties, including the Financial Conduct Authority (FCA), on the provision of insurance in the UK.</p><p> </p><p>The government does not have a view on the impact of the size of the health insurance market on the NHS.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 260077 question first answered 12/06/2019 13:12:58 answering member 4051 label Biography information for John Glen
tabling member	4509 label Biography information for Craig Tracey

753088

registered interest
date	12/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Corporation Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what effect the reduction in corporation tax rates has had on receipts from that tax.
tabling member constituency	North Warwickshire
tabling member printed	Craig Tracey
uin	900569
answer	answer is ministerial correction date of answer 18/07/2017 answer text <p>Since 2010, the headline corporation tax rate has been cut from 28 to 19 percent.</p><p> </p><p>Despite that, onshore corporation tax receipts have increased by over 50 percent, from £36.2 billion in 2010-11 to £55.1 billion in 2016-17.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 18/07/2017 14:46:59 answering member 3935 label Biography information for Mel Stride
tabling member	4509 label Biography information for Craig Tracey

693150

registered interest
date	22/02/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Financial Services: Technology
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 whether the retail banks' terms and conditions are a barrier to FinTech innovation.
tabling member constituency	North Warwickshire
tabling member printed	Craig Tracey
uin	65016
answer	answer is ministerial correction date of answer 02/03/2017 answer text <p>The Treasury is working hard to promote the UK FinTech industry.</p><p> </p><p>At Autumn Statement the government announced specific measures to boost the industry: the Treasury commissioned EY to produce an annual ‘State of UK FinTech’ report on key FinTech metrics to raise the profile of FinTech as an investment opportunity.</p><p> </p><p>The Treasury has also appointed regional FinTech envoys for the Northern Powerhouse and Scotland to build networks and raise awareness of opportunities in these regions - alongside Special Envoy, Eileen Burbidge, whom the Treasury appointed last year to promote the UK FinTech sector at home and abroad.</p><p> </p><p>Together with the Department for International Trade, the Treasury is hosting an International FinTech Conference, on 12 April 2017 in London, to showcase UK FinTech firms to investors from across the globe.</p><p> </p><p>The Treasury is establishing FinTech bridges, which provide opportunities for UK FinTechs that want to scale-up internationally. By establishing links between Government, regulators and private sectors, FinTech Bridges reduce the barriers to entry in new jurisdictions and link UK FinTechs with opportunities for international investment. The UK currently has 3 FinTech Bridges with Singapore, the Republic of Korea and China.</p><p> </p><p>The Treasury is also launching a FinTech Delivery Panel, designed to bring the industry together to develop an overarching FinTech strategy for the UK and to monitor and drive forward FinTech initiatives.</p><p> </p><p>The Government continually engages with the Fintech industry and has not found any significant barriers for innovation arising from bank terms and conditions.</p><p> </p> answering member constituency Brighton, Kemptown answering member printed Simon Kirby grouped question UIN 65015 question first answered 02/03/2017 11:32:28 answering member 3929 label Biography information for Simon Kirby
tabling member	4509 label Biography information for Craig Tracey

693151

registered interest
date	22/02/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Bank Services: Standards
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what the timescale is for implementing the Open Banking Standard.
tabling member constituency	North Warwickshire
tabling member printed	Craig Tracey
uin	65017
answer	answer is ministerial correction date of answer 02/03/2017 answer text <p>The Treasury welcomes the Competition and Market Authority’s (CMA’s) remedies on Open Banking, which has the potential to bring significant benefits to consumers and SMEs by promoting competition in the retail banking sector.</p><p> </p><p>Responsibility for assessing and monitoring the progress on implementation rests with the independent CMA.</p><p> </p><p>As set out by the CMA, the element of Open Banking dealing with non-personal information must be delivered by 13 March 2017, with the delivery of the full scope by January 2018.</p> answering member constituency Brighton, Kemptown answering member printed Simon Kirby grouped question UIN 65014 65018 question first answered 02/03/2017 11:34:30 answering member 3929 label Biography information for Simon Kirby
tabling member	4509 label Biography information for Craig Tracey

693152

registered interest
date	22/02/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Bank Services: Standards
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 progress on implementing the Competition and Markets Authority's key recommendations on promoting open banking.
tabling member constituency	North Warwickshire
tabling member printed	Craig Tracey
uin	65018
answer	answer is ministerial correction date of answer 02/03/2017 answer text <p>The Treasury welcomes the Competition and Market Authority’s (CMA’s) remedies on Open Banking, which has the potential to bring significant benefits to consumers and SMEs by promoting competition in the retail banking sector.</p><p> </p><p>Responsibility for assessing and monitoring the progress on implementation rests with the independent CMA.</p><p> </p><p>As set out by the CMA, the element of Open Banking dealing with non-personal information must be delivered by 13 March 2017, with the delivery of the full scope by January 2018.</p> answering member constituency Brighton, Kemptown answering member printed Simon Kirby grouped question UIN 65014 65017 question first answered 02/03/2017 11:34:30 answering member 3929 label Biography information for Simon Kirby
tabling member	4509 label Biography information for Craig Tracey

693153

registered interest
date	22/02/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Bank Services: Standards
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, which regulator will be responsible for monitoring the implementation of the Open Banking Standard.
tabling member constituency	North Warwickshire
tabling member printed	Craig Tracey
uin	65014
answer	answer is ministerial correction date of answer 02/03/2017 answer text <p>The Treasury welcomes the Competition and Market Authority’s (CMA’s) remedies on Open Banking, which has the potential to bring significant benefits to consumers and SMEs by promoting competition in the retail banking sector.</p><p> </p><p>Responsibility for assessing and monitoring the progress on implementation rests with the independent CMA.</p><p> </p><p>As set out by the CMA, the element of Open Banking dealing with non-personal information must be delivered by 13 March 2017, with the delivery of the full scope by January 2018.</p> answering member constituency Brighton, Kemptown answering member printed Simon Kirby grouped question UIN 65017 65018 question first answered 02/03/2017 11:34:30 answering member 3929 label Biography information for Simon Kirby
tabling member	4509 label Biography information for Craig Tracey

693154

registered interest
date	22/02/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Financial Services: Technology
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps his Department is taking to promote the UK's FinTech industry.
tabling member constituency	North Warwickshire
tabling member printed	Craig Tracey
uin	65015
answer	answer is ministerial correction date of answer 02/03/2017 answer text <p>The Treasury is working hard to promote the UK FinTech industry.</p><p> </p><p>At Autumn Statement the government announced specific measures to boost the industry: the Treasury commissioned EY to produce an annual ‘State of UK FinTech’ report on key FinTech metrics to raise the profile of FinTech as an investment opportunity.</p><p> </p><p>The Treasury has also appointed regional FinTech envoys for the Northern Powerhouse and Scotland to build networks and raise awareness of opportunities in these regions - alongside Special Envoy, Eileen Burbidge, whom the Treasury appointed last year to promote the UK FinTech sector at home and abroad.</p><p> </p><p>Together with the Department for International Trade, the Treasury is hosting an International FinTech Conference, on 12 April 2017 in London, to showcase UK FinTech firms to investors from across the globe.</p><p> </p><p>The Treasury is establishing FinTech bridges, which provide opportunities for UK FinTechs that want to scale-up internationally. By establishing links between Government, regulators and private sectors, FinTech Bridges reduce the barriers to entry in new jurisdictions and link UK FinTechs with opportunities for international investment. The UK currently has 3 FinTech Bridges with Singapore, the Republic of Korea and China.</p><p> </p><p>The Treasury is also launching a FinTech Delivery Panel, designed to bring the industry together to develop an overarching FinTech strategy for the UK and to monitor and drive forward FinTech initiatives.</p><p> </p><p>The Government continually engages with the Fintech industry and has not found any significant barriers for innovation arising from bank terms and conditions.</p><p> </p> answering member constituency Brighton, Kemptown answering member printed Simon Kirby grouped question UIN 65016 question first answered 02/03/2017 11:32:28 answering member 3929 label Biography information for Simon Kirby
tabling member	4509 label Biography information for Craig Tracey

456295

registered interest
date	24/02/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Financial Services: Advisory Services
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps he is taking to widen access to financial advice.
tabling member constituency	North Warwickshire
tabling member printed	Craig Tracey
uin	903831
answer	answer is ministerial correction date of answer 01/03/2016 answer text <p>The Government has launched the Financial Advice Market Review (FAMR). This will explore what more can be done to ensure people can access high quality, affordable advice to help them make informed financial decisions. The Review will establish what sorts of financial advice consumers need and examine ways to make financial advice work better for consumers. It will report back around the time of Budget.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 01/03/2016 15:11:20 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4509 label Biography information for Craig Tracey