Linked Data API

Show Search Form

Search Results

1722018
registered interest false more like this
date less than 2024-07-18more like thismore than 2024-07-18
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Public Expenditure more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what the annual deficit was (a) in percentage of GDP, (b) in 2010 real terms and (c) as a proportion of government spending in the financial year (i) 2009-10 and (ii) 2023-24. more like this
tabling member constituency Basildon and Billericay more like this
tabling member printed
Mr Richard Holden more like this
uin 707 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-07-23more like thismore than 2024-07-23
answer text <p>The annual deficit in 2009-2010 was 10.3% of GDP and 4.5% of GDP in 2023-24.</p><p> </p><p>The Office of National Statistics (ONS) does not publish the annual deficit in real terms. In order to remove the effects of inflation and provide an indication of a country’s ability to service borrowing and debt, it is typical to compare fiscal aggregates as a percentage of GDP, which represents the scale of the aggregate in comparison to the size of the economy at the relevant time.</p><p> </p><p>In nominal terms, the annual deficit was £160.9bn in 2009-2010 and £122.1bn in 2023-24.</p><p> </p><p>As a proportion of government spending, the annual deficit was 22.2% in 2009-2010 and 10.0% in 2023-24.</p><p> </p><p>More information is available on the ONS’ website under “Public sector finances, UK Statistical bulletins”.</p> more like this
answering member constituency Bristol North West more like this
answering member printed Darren Jones more like this
question first answered
less than 2024-07-23T17:42:52.233Zmore like thismore than 2024-07-23T17:42:52.233Z
answering member
4621
label Biography information for Darren Jones more like this
tabling member
4813
label Biography information for Mr Richard Holden more like this
1722023
registered interest false more like this
date less than 2024-07-18more like thismore than 2024-07-18
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Banking Hubs more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what criteria she plans to use to identify potential locations for new banking hubs. more like this
tabling member constituency Liverpool Walton more like this
tabling member printed
Dan Carden more like this
uin 668 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-07-23more like thismore than 2024-07-23
answer text <p>The Government 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><p> </p><p>Currently, when a branch closes or a community makes a request, LINK (the operator of the UK’s largest ATM network) is responsible for assessing whether a banking hub would be a suitable recommendation for a community. The criteria that LINK uses to assess the needs of a local community can be found on <a href="https://www.link.co.uk/help-centre/how-we-assess-access-to-cash-in-communities" target="_blank">LINK’s website</a>.</p><p> </p><p>In December last year, the Financial Conduct Authority consulted on its regulatory approach to access to cash, including the criteria it proposes designated entities should use when assessing the needs of local communities. This can be found <a href="https://www.fca.org.uk/publication/consultation/cp23-29.pdf" target="_blank">here</a>. The FCA intends to publish its final rules in the third quarter of this year.</p>
answering member constituency Hampstead and Highgate more like this
answering member printed Tulip Siddiq more like this
question first answered
less than 2024-07-23T14:09:09.817Zmore like thismore than 2024-07-23T14:09:09.817Z
answering member
4518
label Biography information for Tulip Siddiq more like this
tabling member
4651
label Biography information for Dan Carden more like this
1722027
registered interest false more like this
date less than 2024-07-18more like thismore than 2024-07-18
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Cooperatives more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what steps her Department plans to take to support co-operatives. more like this
tabling member constituency Liverpool Walton more like this
tabling member printed
Dan Carden more like this
uin 671 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-07-23more like thismore than 2024-07-23
answer text <p>The Government recognises the important contribution that co-operatives make to the economy, serving local communities around the UK and ensuring the UK has a diverse business sector with their model of shared ownership. Co-operatives, alongside other mutuals in the UK, had combined annual revenues of £87.9 billion in 2022, equating to 3.5% of UK GDP.</p><p> </p><p>The Government is committed to supporting the UK’s co-operative and mutuals sector and will be working closely with the sector to address any barriers that it currently faces.</p> more like this
answering member constituency Hampstead and Highgate more like this
answering member printed Tulip Siddiq more like this
question first answered
less than 2024-07-23T14:51:44.693Zmore like thismore than 2024-07-23T14:51:44.693Z
answering member
4518
label Biography information for Tulip Siddiq more like this
tabling member
4651
label Biography information for Dan Carden more like this
1722105
registered interest false more like this
date less than 2024-07-18more like thismore than 2024-07-18
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Credit: Regulation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what her planned timetable is for regulating buy now pay later high cost credit providers; and if she will ensure that such regulation ensures consumers are able to access the financial ombudsman for redress for that form of credit. more like this
tabling member constituency Walthamstow more like this
tabling member printed
Ms Stella Creasy more like this
uin 609 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-07-23more like thismore than 2024-07-23
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> more like this
answering member constituency Hampstead and Highgate more like this
answering member printed Tulip Siddiq more like this
question first answered
less than 2024-07-23T14:44:46.47Zmore like thismore than 2024-07-23T14:44:46.47Z
answering member
4518
label Biography information for Tulip Siddiq more like this
tabling member
4088
label Biography information for Stella Creasy more like this
1722125
registered interest false more like this
date less than 2024-07-18more like thismore than 2024-07-18
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Banking Hubs more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency Macclesfield more like this
tabling member printed
Tim Roca more like this
uin 777 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-07-23more like thismore than 2024-07-23
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> more like this
answering member constituency Hampstead and Highgate more like this
answering member printed Tulip Siddiq more like this
question first answered
less than 2024-07-23T16:20:22.03Zmore like thismore than 2024-07-23T16:20:22.03Z
answering member
4518
label Biography information for Tulip Siddiq more like this
tabling member 5287
1721214
registered interest false more like this
date less than 2024-07-17more like thismore than 2024-07-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Financial Services: EU Law more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government which EU financial services laws have been repealed to promote the international competitiveness and growth of that sector and its contribution to the UK economy under the Financial Services and Markets Act 2023. more like this
tabling member printed
Baroness Lawlor more like this
uin HL60 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-07-23more like thismore than 2024-07-23
answer text <p>The Financial Services and Markets Act 2023 repeals assimilated law (formerly known as retained EU law), replacing it with rules set by financial services regulators, operating within a framework set by government and Parliament. This repeal is subject to commencement by the Treasury.</p><p> </p><p>As of July 2024, 350 instruments relating to financial services have been replaced – 45% of the total number of instruments. HM Treasury has made or laid instruments to replace assimilated law in areas including Solvency II, the Prospectus Regime, Data Reporting Service Providers, and Securitisation.</p> more like this
answering member printed Lord Livermore more like this
question first answered
less than 2024-07-23T13:43:45.173Zmore like thismore than 2024-07-23T13:43:45.173Z
answering member
4559
label Biography information for Lord Livermore more like this
tabling member
4965
label Biography information for Baroness Lawlor more like this
1721311
registered interest false more like this
date less than 2024-07-17more like thismore than 2024-07-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Private Education: Fees and Charges more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, whether the Government plans to impose VAT on private school fees for any part of the academic school year commencing in September 2024. more like this
tabling member constituency North Bedfordshire more like this
tabling member printed
Richard Fuller more like this
uin 43 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-07-22more like thismore than 2024-07-22
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> more like this
answering member constituency Ealing North more like this
answering member printed James Murray more like this
grouped question UIN
261 more like this
262 more like this
588 more like this
question first answered
less than 2024-07-22T13:16:53.43Zmore like thismore than 2024-07-22T13:16:53.43Z
answering member
4797
label Biography information for James Murray more like this
tabling member
3912
label Biography information for Richard Fuller more like this
1721479
registered interest false more like this
date less than 2024-07-17more like thismore than 2024-07-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Bank Services: British Nationals Abroad more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what estimate she has made of the number of UK bank accounts held by UK citizens living in European Union member States that have been closed since the UK's withdrawal from the European Union. more like this
tabling member constituency Dulwich and West Norwood more like this
tabling member printed
Helen Hayes more like this
uin 112 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-07-22more like thismore than 2024-07-22
answer text <p>The Government recognises the importance of a bank account for day-to-day life and understands the frustration of UK citizens living in the EU who have had their accounts closed.</p><p> </p><p>The Government does not hold statistics on account closures for UK citizens living abroad. UK banks take these decisions on closures according to a variety of factors including the local law and regulation in individual countries, an assessment of profitability, or other commercial drivers.</p><p> </p><p>Some UK banks offer specific accounts aimed at citizens living abroad, which may provide an alternative option. People who have had their accounts closed may also wish to refer to MoneyHelper - which offers free, impartial guidance on financial decisions - for further advice on their options.</p> more like this
answering member constituency Hampstead and Highgate more like this
answering member printed Tulip Siddiq more like this
grouped question UIN 113 more like this
question first answered
less than 2024-07-22T12:39:59.627Zmore like thismore than 2024-07-22T12:39:59.627Z
answering member
4518
label Biography information for Tulip Siddiq more like this
tabling member
4510
label Biography information for Helen Hayes more like this
1721480
registered interest false more like this
date less than 2024-07-17more like thismore than 2024-07-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Bank Services: British Nationals Abroad more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, whether she is taking steps to protect access to UK banking services for UK citizens living in European Union member States. more like this
tabling member constituency Dulwich and West Norwood more like this
tabling member printed
Helen Hayes more like this
uin 113 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-07-22more like thismore than 2024-07-22
answer text <p>The Government recognises the importance of a bank account for day-to-day life and understands the frustration of UK citizens living in the EU who have had their accounts closed.</p><p> </p><p>The Government does not hold statistics on account closures for UK citizens living abroad. UK banks take these decisions on closures according to a variety of factors including the local law and regulation in individual countries, an assessment of profitability, or other commercial drivers.</p><p> </p><p>Some UK banks offer specific accounts aimed at citizens living abroad, which may provide an alternative option. People who have had their accounts closed may also wish to refer to MoneyHelper - which offers free, impartial guidance on financial decisions - for further advice on their options.</p> more like this
answering member constituency Hampstead and Highgate more like this
answering member printed Tulip Siddiq more like this
grouped question UIN 112 more like this
question first answered
less than 2024-07-22T12:39:59.69Zmore like thismore than 2024-07-22T12:39:59.69Z
answering member
4518
label Biography information for Tulip Siddiq more like this
tabling member
4510
label Biography information for Helen Hayes more like this
1721495
registered interest false more like this
date less than 2024-07-17more like thismore than 2024-07-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Development Aid more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, if she will restore the Official Development Assistance budget to 0.7% of gross national income. more like this
tabling member constituency Oxford West and Abingdon more like this
tabling member printed
Layla Moran more like this
uin 210 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-07-22more like thismore than 2024-07-22
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> more like this
answering member constituency Bristol North West more like this
answering member printed Darren Jones more like this
question first answered
less than 2024-07-22T16:18:03.263Zmore like thismore than 2024-07-22T16:18:03.263Z
answering member
4621
label Biography information for Darren Jones more like this
tabling member
4656
label Biography information for Layla Moran more like this