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1241371
star this property registered interest false more like this
star this property date less than 2020-10-07more like thismore than 2020-10-07
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Treasury: Pay more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what the biggest pay rise given to someone in his Department was in (a) percentage and (b) cash terms in the last 12 months. more like this
star this property tabling member constituency Shipley remove filter
star this property tabling member printed
Philip Davies more like this
star this property uin 100321 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2020-10-16more like thismore than 2020-10-16
star this property answer text <p><br>From the period of 6th October 2019 to 7th October 2020, the biggest pay rises HM Treasury awarded were:<br> In cash terms, £8000, or<br> In percentage terms, 7.3%.</p><p>To note, the increases above exclude pay rises as a result of promotions or equivalent.</p> more like this
star this property answering member constituency Saffron Walden more like this
star this property answering member printed Kemi Badenoch more like this
star this property question first answered
less than 2020-10-16T08:56:06.713Zmore like thismore than 2020-10-16T08:56:06.713Z
star this property answering member
4597
star this property label Biography information for Kemi Badenoch more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1293485
star this property registered interest false more like this
star this property date less than 2021-03-01more like thismore than 2021-03-01
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Bradford and Bingley: Investment more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, how much money was invested in Bradford and Bingley from the public purse (a) in the run up and (b) subsequent to the financial crash; and how much money has since been recovered from Bradford and Bingley. more like this
star this property tabling member constituency Shipley remove filter
star this property tabling member printed
Philip Davies more like this
star this property uin 160588 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2021-03-09more like thismore than 2021-03-09
star this property answer text <p>Bradford &amp; Bingley plc (B&amp;B) fully repaid its loans from the Treasury in 2019.</p><p> </p><p>The OBR’s Economic and Fiscal Outlook notes that B&amp;B and NRAM Limited received £44.1bn of taxpayer support. As of 31 January 2021, B&amp;B and NRAM had returned £51.4bn to taxpayers in the form of principal repayments and fees.</p><p> </p><p>We are continuing to protect consumers while recovering significant amounts of money loaned to institutions as a result of the financial crisis by taxpayers, who have borne the risk of these institutions since their nationalisation.</p><p> </p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2021-03-09T14:56:32.84Zmore like thismore than 2021-03-09T14:56:32.84Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1285144
star this property registered interest false more like this
star this property date less than 2021-02-09more like thismore than 2021-02-09
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Coronavirus: Government Assistance more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what estimate he has made of the number of people with trading profits of over £50,000 per annum and therefore ineligible for support from the Government during the covid-19 outbreak. more like this
star this property tabling member constituency Shipley remove filter
star this property tabling member printed
Philip Davies more like this
star this property uin 151648 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2021-02-17more like thismore than 2021-02-17
star this property answer text <p>By 31 December 2020, 186,000 individuals have been assessed as ineligible for the third SEISS grant as their trading profits are over £50,000 per annum.</p><p> </p><p>This figure was taken from the Self-Employment Income Support Scheme statistics published on 28 January 2021: <a href="https://www.gov.uk/government/statistics/self-employment-income-support-scheme-statistics-january-2021" target="_blank">https://www.gov.uk/government/statistics/self-employment-income-support-scheme-statistics-january-2021</a>.</p> more like this
star this property answering member constituency Hereford and South Herefordshire more like this
star this property answering member printed Jesse Norman more like this
star this property question first answered
less than 2021-02-17T15:24:06.297Zmore like thismore than 2021-02-17T15:24:06.297Z
star this property answering member
3991
star this property label Biography information for Jesse Norman more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1420760
star this property registered interest false more like this
star this property date less than 2022-02-08more like thismore than 2022-02-08
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Digital Assets more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what discussions his Department is having with the Financial Conduct Authority to ensure that the UK benefits from the potential of the digital assets sector. more like this
star this property tabling member constituency Shipley remove filter
star this property tabling member printed
Philip Davies more like this
star this property uin 120692 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2022-02-16more like thismore than 2022-02-16
star this property answer text <p>Certain cryptoassets, offering new ways to transact and invest, are part of a trend of rapid innovation in financial technology. However, these developments also present new challenges and risks – including risks to consumers and to financial system. HM Treasury engages regularly with the Financial Conduct Authority (FCA) on opportunities, risks and regulatory issues posed by cryptoassets.</p><p> </p><p>The Government established a Cryptoassets Taskforce in 2018, consisting of HM Treasury, the Bank of England and the FCA. The Cryptoasset Taskforce is responsible for assessing developments in the cryptoasset market, and deciding what, if any, regulation is required in response. HM Treasury and UK authorities, including the FCA, have taken a series of actions to support innovation while mitigating risks to stability, market integrity, and consumers. These include launching a new anti-money laundering and counter-terrorist financing regime for cryptoassets in 2020, overseen by the FCA; confirming an intention to legislate to regulate cryptoasset promotions, ensuring they are fair, clear and not misleading, the rules for which will be set by the FCA; and consulting on a proposal to ensure cryptoassets known as ‘stablecoins’ meet the same high standards expected of other payment methods. The Government will issue a response to this consultation shortly.</p><p> </p><p>The Government has adopted a staged and proportionate approach to cryptoassets regulation, which is sensitive to risks posed, and responsive to new developments in the market.  The Government is carefully considering what, if any, regulation might need to follow as the cryptoasset market grows and evolves in the UK.</p><p> </p><p>The use of tokens to facilitate securities transactions is an important development for the financial sector. The representation of traditional securities, such as equities or debt, on a distributed ledger (the ‘tokenisation’ of assets) could have substantial implications for the way assets are traded or capital is raised. A firm or sole practitioner that issues securities on the blockchain will fall within scope of the Money Laundering Regulations (MLRs) if it provides the services of a cryptoasset exchange provider “by way of business”. To comply with the MLRs, cryptoasset firms must demonstrate systems, controls, policies and procedures adequate to deal with the particular risks of the cryptoasset market.</p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN
120693 more like this
120694 more like this
120695 more like this
star this property question first answered
less than 2022-02-16T15:01:01.9Zmore like thismore than 2022-02-16T15:01:01.9Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1420761
star this property registered interest false more like this
star this property date less than 2022-02-08more like thismore than 2022-02-08
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Stocks and Shares: Blockchain more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what steps his Department is taking to help ensure that companies issuing their own securities on blockchain are not all considered crypto asset service providers. more like this
star this property tabling member constituency Shipley remove filter
star this property tabling member printed
Philip Davies more like this
star this property uin 120693 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2022-02-16more like thismore than 2022-02-16
star this property answer text <p>Certain cryptoassets, offering new ways to transact and invest, are part of a trend of rapid innovation in financial technology. However, these developments also present new challenges and risks – including risks to consumers and to financial system. HM Treasury engages regularly with the Financial Conduct Authority (FCA) on opportunities, risks and regulatory issues posed by cryptoassets.</p><p> </p><p>The Government established a Cryptoassets Taskforce in 2018, consisting of HM Treasury, the Bank of England and the FCA. The Cryptoasset Taskforce is responsible for assessing developments in the cryptoasset market, and deciding what, if any, regulation is required in response. HM Treasury and UK authorities, including the FCA, have taken a series of actions to support innovation while mitigating risks to stability, market integrity, and consumers. These include launching a new anti-money laundering and counter-terrorist financing regime for cryptoassets in 2020, overseen by the FCA; confirming an intention to legislate to regulate cryptoasset promotions, ensuring they are fair, clear and not misleading, the rules for which will be set by the FCA; and consulting on a proposal to ensure cryptoassets known as ‘stablecoins’ meet the same high standards expected of other payment methods. The Government will issue a response to this consultation shortly.</p><p> </p><p>The Government has adopted a staged and proportionate approach to cryptoassets regulation, which is sensitive to risks posed, and responsive to new developments in the market.  The Government is carefully considering what, if any, regulation might need to follow as the cryptoasset market grows and evolves in the UK.</p><p> </p><p>The use of tokens to facilitate securities transactions is an important development for the financial sector. The representation of traditional securities, such as equities or debt, on a distributed ledger (the ‘tokenisation’ of assets) could have substantial implications for the way assets are traded or capital is raised. A firm or sole practitioner that issues securities on the blockchain will fall within scope of the Money Laundering Regulations (MLRs) if it provides the services of a cryptoasset exchange provider “by way of business”. To comply with the MLRs, cryptoasset firms must demonstrate systems, controls, policies and procedures adequate to deal with the particular risks of the cryptoasset market.</p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN
120692 more like this
120694 more like this
120695 more like this
star this property question first answered
less than 2022-02-16T15:01:01.977Zmore like thismore than 2022-02-16T15:01:01.977Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1420762
star this property registered interest false more like this
star this property date less than 2022-02-08more like thismore than 2022-02-08
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Digital Assets more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what comparative assessment his Department has made of the Financial Conduct Authority's role in protecting consumers of digital assets and the effect of regulation on stimulating technological innovation. more like this
star this property tabling member constituency Shipley remove filter
star this property tabling member printed
Philip Davies more like this
star this property uin 120694 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2022-02-16more like thismore than 2022-02-16
star this property answer text <p>Certain cryptoassets, offering new ways to transact and invest, are part of a trend of rapid innovation in financial technology. However, these developments also present new challenges and risks – including risks to consumers and to financial system. HM Treasury engages regularly with the Financial Conduct Authority (FCA) on opportunities, risks and regulatory issues posed by cryptoassets.</p><p> </p><p>The Government established a Cryptoassets Taskforce in 2018, consisting of HM Treasury, the Bank of England and the FCA. The Cryptoasset Taskforce is responsible for assessing developments in the cryptoasset market, and deciding what, if any, regulation is required in response. HM Treasury and UK authorities, including the FCA, have taken a series of actions to support innovation while mitigating risks to stability, market integrity, and consumers. These include launching a new anti-money laundering and counter-terrorist financing regime for cryptoassets in 2020, overseen by the FCA; confirming an intention to legislate to regulate cryptoasset promotions, ensuring they are fair, clear and not misleading, the rules for which will be set by the FCA; and consulting on a proposal to ensure cryptoassets known as ‘stablecoins’ meet the same high standards expected of other payment methods. The Government will issue a response to this consultation shortly.</p><p> </p><p>The Government has adopted a staged and proportionate approach to cryptoassets regulation, which is sensitive to risks posed, and responsive to new developments in the market.  The Government is carefully considering what, if any, regulation might need to follow as the cryptoasset market grows and evolves in the UK.</p><p> </p><p>The use of tokens to facilitate securities transactions is an important development for the financial sector. The representation of traditional securities, such as equities or debt, on a distributed ledger (the ‘tokenisation’ of assets) could have substantial implications for the way assets are traded or capital is raised. A firm or sole practitioner that issues securities on the blockchain will fall within scope of the Money Laundering Regulations (MLRs) if it provides the services of a cryptoasset exchange provider “by way of business”. To comply with the MLRs, cryptoasset firms must demonstrate systems, controls, policies and procedures adequate to deal with the particular risks of the cryptoasset market.</p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN
120692 more like this
120693 more like this
120695 more like this
star this property question first answered
less than 2022-02-16T15:01:02.04Zmore like thismore than 2022-02-16T15:01:02.04Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1420764
star this property registered interest false more like this
star this property date less than 2022-02-08more like thismore than 2022-02-08
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Digital Assets more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, if his Department will have discussions with the Financial Conduct Authority on the merits that digital assets can bring to UK economy. more like this
star this property tabling member constituency Shipley remove filter
star this property tabling member printed
Philip Davies more like this
star this property uin 120695 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2022-02-16more like thismore than 2022-02-16
star this property answer text <p>Certain cryptoassets, offering new ways to transact and invest, are part of a trend of rapid innovation in financial technology. However, these developments also present new challenges and risks – including risks to consumers and to financial system. HM Treasury engages regularly with the Financial Conduct Authority (FCA) on opportunities, risks and regulatory issues posed by cryptoassets.</p><p> </p><p>The Government established a Cryptoassets Taskforce in 2018, consisting of HM Treasury, the Bank of England and the FCA. The Cryptoasset Taskforce is responsible for assessing developments in the cryptoasset market, and deciding what, if any, regulation is required in response. HM Treasury and UK authorities, including the FCA, have taken a series of actions to support innovation while mitigating risks to stability, market integrity, and consumers. These include launching a new anti-money laundering and counter-terrorist financing regime for cryptoassets in 2020, overseen by the FCA; confirming an intention to legislate to regulate cryptoasset promotions, ensuring they are fair, clear and not misleading, the rules for which will be set by the FCA; and consulting on a proposal to ensure cryptoassets known as ‘stablecoins’ meet the same high standards expected of other payment methods. The Government will issue a response to this consultation shortly.</p><p> </p><p>The Government has adopted a staged and proportionate approach to cryptoassets regulation, which is sensitive to risks posed, and responsive to new developments in the market.  The Government is carefully considering what, if any, regulation might need to follow as the cryptoasset market grows and evolves in the UK.</p><p> </p><p>The use of tokens to facilitate securities transactions is an important development for the financial sector. The representation of traditional securities, such as equities or debt, on a distributed ledger (the ‘tokenisation’ of assets) could have substantial implications for the way assets are traded or capital is raised. A firm or sole practitioner that issues securities on the blockchain will fall within scope of the Money Laundering Regulations (MLRs) if it provides the services of a cryptoasset exchange provider “by way of business”. To comply with the MLRs, cryptoasset firms must demonstrate systems, controls, policies and procedures adequate to deal with the particular risks of the cryptoasset market.</p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN
120692 more like this
120693 more like this
120694 more like this
star this property question first answered
less than 2022-02-16T15:01:02.103Zmore like thismore than 2022-02-16T15:01:02.103Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1300937
star this property registered interest false more like this
star this property date less than 2021-03-09more like thismore than 2021-03-09
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Bradford and Bingley: Investment more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, pursuant to the answer of 9 March 2021 of Question 160588 on Bradford & Bingley: Investment, if he will ensure Bradford & Bingley shareholders at the time it was taken into public hands receive a share of the profits that have been generated to the public purse by Bradford & Bingley since it was taken into public ownership. more like this
star this property tabling member constituency Shipley remove filter
star this property tabling member printed
Philip Davies more like this
star this property uin 165482 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2021-03-17more like thismore than 2021-03-17
star this property answer text <p>Following the nationalisation of Bradford &amp; Bingley (B&amp;B) in 2008, the then government made the Bradford &amp; Bingley plc Compensation Scheme Order, which provided that former shareholders should receive compensation in line with their value immediately before the government stepped in.</p><p> </p><p>On 5 July 2010, Peter Clokey published his independent valuation establishing that the shares of B&amp;B had no value at the time of nationalisation, and shareholders would have received nothing had the bank been allowed to fail. No compensation was therefore found to be payable to former shareholders.</p><p> </p><p>This has been tested in the Courts and the government considers the matter closed.</p><p> </p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2021-03-17T16:26:37.877Zmore like thismore than 2021-03-17T16:26:37.877Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1671972
star this property registered interest true more like this
star this property date less than 2023-11-21more like thismore than 2023-11-21
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Gambling more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what estimate he has made of the potential revenue lost from illegal gambling. more like this
star this property tabling member constituency Shipley remove filter
star this property tabling member printed
Philip Davies more like this
star this property uin 2836 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2023-11-28more like thismore than 2023-11-28
star this property answer text <p>HM Revenue and Customs (HMRC) estimates the size of the tax gap, which is the difference between the amount of tax that should, in theory, be paid to HMRC, and what is actually paid. The tax gap statistics are published annually and are available at: Measuring tax gaps - <a href="https://www.gov.uk/government/statistics/measuring-tax-gaps" target="_blank">Measuring tax gaps 2023 edition: tax gap estimates for 2021 to 2022 - GOV.UK (www.gov.uk)</a></p><p>HMRC does not separately estimate a betting and gaming duty tax gap; it forms part of the ‘other excise duties’ tax gap, namely betting and gaming, cider and perry, spirits-based ready-to-drink beverages and wine duties gaps.</p> more like this
star this property answering member constituency Mid Worcestershire more like this
star this property answering member printed Nigel Huddleston more like this
star this property question first answered
less than 2023-11-28T14:57:03.503Zmore like thismore than 2023-11-28T14:57:03.503Z
star this property answering member
4407
star this property label Biography information for Nigel Huddleston more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1181210
star this property registered interest false more like this
star this property date less than 2020-02-27more like thismore than 2020-02-27
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Treasury: Flags more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, how many times the (a) Union Jack, (b) St George's flag, (c) Scottish Saltire and (d) flag of Wales has been flown from the headquarters of his Department in London in each year since 2015. more like this
star this property tabling member constituency Shipley remove filter
star this property tabling member printed
Philip Davies more like this
star this property uin 21939 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2020-03-05more like thismore than 2020-03-05
star this property answer text <p>HM Treasury flies the Union Flag daily at 1 Horse Guards Road. Any national flags are flown as and when required.</p><p> </p><p>The Scottish Saltire and flag of Wales have not been flown at 1 Horse Guards Road.</p><p> </p><p>The St George’s flag has been flown twice in 2018 and on five occasions in 2019. It has not yet been flown in 2020.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2020-03-05T16:59:42.007Zmore like thismore than 2020-03-05T16:59:42.007Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this