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391306

	registered interest
	date	20/07/2015
	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 support his Department is providing to promote the growth of the FinTech industry.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	7976
	answer	answer is ministerial correction date of answer 07/09/2015 answer text <p>The Government is committed to making the UK the leading global FinTech hub, and has announced a large number of policy initiatives, including more supportive regulatory regimes for peer-to-peer, digital currencies, and other innovative firms.</p><p> </p><p> </p><p> </p><p>The Government built on this record at the Summer Budget. First, Eileen Burbidge was appointed as the UK’s ‘Special Envoy for FinTech’, where she will represent UK interests in FinTech at home and around the world. Second, an international FinTech benchmarking exercise was announced to measure the UK’s performance and identify areas of best practice from around the world.</p><p> </p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 07/09/2015 15:35:18 answering member 4107 label Biography information for Dame Harriett Baldwin
	tabling member	1586 label Biography information for Adam Afriyie

419038

	registered interest
	date	16/09/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Financial Services: Regulation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what plans he has to bring forward legislation to regulate (a) digital currencies, (b) crowdfunding and (c) peer-to-peer lending.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	10491
	answer	answer is ministerial correction date of answer 12/10/2015 answer text <p>At the March Budget, the Government said it would consult on how to regulate digital currency exchanges in the new Parliament.</p><p>Operating a P2P platform has been an activity regulated by the Financial Conduct Authority (FCA) since 2014. Crowdfunding is also a Regulated Activity and is subject to FCA rules.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 12/10/2015 14:17:54 answering member 4107 label Biography information for Dame Harriett Baldwin
	tabling member	1586 label Biography information for Adam Afriyie

419043

	registered interest
	date	16/09/2015
	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 he is taking to attract international FinTech companies to the UK.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	10494
	answer	answer is ministerial correction date of answer 12/10/2015 answer text <p>The Government is committed to making the UK the leading global FinTech hub, and has announced a large number of policy initiatives, including more supportive regulatory regimes for peer-to-peer, digital currencies, and other innovative firms.</p><p>The Government built on this record at the Summer Budget. First, Eileen Burbidge was appointed as the UK’s ‘Special Envoy for FinTech’, where she will represent UK interests in FinTech at home and around the world. Second, an international FinTech benchmarking exercise was announced to measure the UK’s performance and identify areas of best practice from around the world.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 12/10/2015 14:34:55 answering member 4107 label Biography information for Dame Harriett Baldwin
	tabling member	1586 label Biography information for Adam Afriyie

425383

	registered interest
	date	02/11/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	EU Budget
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how much total government funding the UK contributed towards the budget of the EU in each year since 1992.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	14441
	answer	answer is ministerial correction date of answer 10/11/2015 answer text <p>Details of UK contributions to the EU Budget are published annually in a document entitled European Union Finances.</p><br /><p>The latest edition (European Union Finances 2014) was published in December 2014 (Cm 8974) and is available in the House library. Table 3A on page 14 provides details of UK contributions, rebate and public sector receipts for the period 2008 to 2014.</p><br /><p>Figures for years prior to 2008 can be found in previous editions of this publication, which are also be available in the House library.</p><br /> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 10/11/2015 14:48:09 answering member 1529 label Biography information for Mr David Gauke
	tabling member	1586 label Biography information for Adam Afriyie

428506

	registered interest
	date	16/11/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Payment Methods
	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 deliver a faster payments infrastructure.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	16451
	answer	answer is ministerial correction date of answer 23/11/2015 answer text <p>The Faster Payment Scheme (FPS) launched in 2008 and provides near-instant settlement for over one billion payments that consumers and businesses make every year.</p><br /><p>FPS is one of the eight payment systems regulated by the new Payment Systems Regulator – which the Government launched in 2015, equipped with powers to ensure that UK payment systems are competitive and innovative. A key part of the PSR’s work is to ensure that UK payment systems work efficiently to deliver benefits for the individuals and firms that use them.</p><br /><p>The Government is also working with the Financial Conduct Authority’s (FCA) Project Innovate – which looks to foster and support innovative financial technology (“FinTech”) firms, including firms that offer customers new and efficient ways to make payments in the UK.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 23/11/2015 11:49:17 answering member 4107 label Biography information for Dame Harriett Baldwin
	tabling member	1586 label Biography information for Adam Afriyie

428507

	registered interest
	date	16/11/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Bank Services
	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 availability of bank accounts for (a) crowd funding and (b) digital currency businesses.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	16372
	answer	answer is ministerial correction date of answer 23/11/2015 answer text <p>As the Chancellor announced at the Budget in March, the Government intends to bring digital currency exchanges into the scope of anti-money laundering regulation. The digital currency industry has highlighted the current lack of regulation as one of the obstacles firms face when trying to get bank accounts in the UK. The new regulatory regime will be designed to support firms’ access to these vital banking services, and to foster an environment in which legitimate digital currency businesses can flourish in the UK. The Treasury will consult on the detail of regulation shortly.</p><br /><p>The Government has supported the crowdfunding industry by consulting on whether to extend ISA eligibility to debt and equity crowdfunding and helping equity crowdfunding through the tax efficient Enterprise Investment Scheme (EIS) – without which 24% of investors say they would not have invested.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 23/11/2015 11:47:50 answering member 4107 label Biography information for Dame Harriett Baldwin
	tabling member	1586 label Biography information for Adam Afriyie

431610

	registered interest
	date	23/11/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Small Businesses: Finance
	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 effectiveness of the bank referral scheme announced in the 2015 Budget in providing accessible finance to small and medium-seized enterprises.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	17360
	answer	answer is ministerial correction date of answer 01/12/2015 answer text <p>The bank referral scheme is not yet up and running but the Government is committed to delivering this policy which will help small and medium sized enterprises access the finance they need to grow and expand.</p><br /><p>Since the Government announced the Finance Platform policy at Budget 2014 significant progress on implementation has been made. The Government has consulted, passed primary legislation and is now close to making secondary legislation.</p><br /><p>The British Business Bank is currently undertaking a due diligence process on Finance Platforms that have expressed an interest in becoming designated and will advise HM Treasury on designation in the Spring; with the policy expected to ‘go live’ later in 2016.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 01/12/2015 17:09:59 answering member 4107 label Biography information for Dame Harriett Baldwin
	tabling member	1586 label Biography information for Adam Afriyie

453650

	registered interest
	date	22/02/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Food: Imports
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what revenue was received by the Exchequer from the total amount of food imported by the UK from other member states of the EU in the last 10 years.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	27726
	answer	answer is ministerial correction date of answer 01/03/2016 answer text <p>This level of detail is not collected on VAT or any other tax return.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 01/03/2016 15:32:39 answering member 1529 label Biography information for Mr David Gauke
	tabling member	1586 label Biography information for Adam Afriyie

479094

	registered interest
	date	16/03/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	EU Budget: Contributions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what the UK's net financial contribution to the EU budget (a) was in 2006 and (b) is in 2015-16.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	31516
	answer	answer is ministerial correction date of answer 29/03/2016 answer text <p>The UK’s net contribution to the EU in 2006, including rebate and total receipts from the EU, can be found in the tables appended in the EU’s Financial Report 2014:</p><p> </p><p>ec.europa.eu/budget/library/biblio/documents/2014/Internet%20tables%202000-2014.xls</p><p> </p><p>No comparable figure can be provided for 2015-16 as outturn data will only become available later in the year.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 29/03/2016 10:40:00 answering member 1529 label Biography information for Mr David Gauke
	tabling member	1586 label Biography information for Adam Afriyie

484468

	registered interest
	date	22/03/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Social Mobility
	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 effect of measures in Budget 2016 on social mobility.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	32097
	answer	answer is ministerial correction date of answer 30/03/2016 answer text <p>The Government has carefully considered the impact of the tax and benefit reforms introduced in Budget. It is committed to improving social mobility by moving towards a higher wage, lower tax and lower welfare society.</p><p> </p><p>The Government published distributional analysis to accompany Budget 2016 which shows that the richest are paying a greater share of tax as a result of this government’s policies while the share of spending going to the poorest has been protected.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 30/03/2016 13:40:05 answering member 1529 label Biography information for Mr David Gauke
	tabling member	1586 label Biography information for Adam Afriyie