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685408
registered interest false more like this
date less than 2017-02-06more like thismore than 2017-02-06
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
hansard heading VAT: Take-away Food more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what estimate has he made of the amount of VAT that has been raised in respect of hot takeaway food in each of the last three years. more like this
tabling member constituency Clacton remove filter
tabling member printed
Mr Douglas Carswell more like this
uin 63145 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-02-09more like thismore than 2017-02-09
answer text <p>The information requested is not held.</p> more like this
answering member constituency Battersea more like this
answering member printed Jane Ellison more like this
question first answered
less than 2017-02-09T16:04:49.163Zmore like thismore than 2017-02-09T16:04:49.163Z
answering member
3918
label Biography information for Jane Ellison more like this
tabling member
1527
label Biography information for Mr Douglas Carswell more like this
577438
registered interest false more like this
date less than 2016-09-07more like thismore than 2016-09-07
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
hansard heading Remittances: EU Nationals more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the total amount of remittances by EU A8 citizens resident in the UK since May 2004. more like this
tabling member constituency Clacton remove filter
tabling member printed
Mr Douglas Carswell more like this
uin 45350 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-09-12more like thismore than 2016-09-12
answer text <p>HM Treasury has made no estimate of the number of remittances made since May 2004.</p> more like this
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
question first answered
less than 2016-09-12T16:44:18.09Zmore like thismore than 2016-09-12T16:44:18.09Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
1527
label Biography information for Mr Douglas Carswell more like this
577439
registered interest false more like this
date less than 2016-09-07more like thismore than 2016-09-07
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
hansard heading Financial Services: EU Internal Trade more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, if he will estimate the revenue that UK banks and financial institutions receive through passporting rights within the EU since 2000. more like this
tabling member constituency Clacton remove filter
tabling member printed
Mr Douglas Carswell more like this
uin 45351 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-09-12more like thismore than 2016-09-12
answer text <p>Over 5,000 UK firms, including banks, investment firms and insurance companies, hold passports which enable them to provide their financial services and establish branches in other EU Member States. Excluding banks more than three-quarters of all of the firms in the EU that use passporting under the Markets in Financial Instruments Directive are based in the UK. However, passporting rights are conferred under several different pieces of EU legislation.</p><p> </p><p>Supervisory authorities record passport notifications, including into which Member State the passport is being used, but there is no detailed record of the type or scale of their use. The Treasury is engaging with business to further understand the issues affecting the financial services industry as the UK prepares for negotiations to leave the EU, including how firms make use of the different passports available to them.</p> more like this
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
question first answered
less than 2016-09-12T16:54:37.893Zmore like thismore than 2016-09-12T16:54:37.893Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
1527
label Biography information for Mr Douglas Carswell more like this
516177
registered interest false more like this
date less than 2016-04-27more like thismore than 2016-04-27
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
hansard heading UK Membership of EU more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, with reference to the Prime Minister's oral contribution of 22 February 2016, Official Report columns 24-5 whether his Department plans to release further analysis of the economic benefits of the UK staying in a reformed EU. more like this
tabling member constituency Clacton remove filter
tabling member printed
Mr Douglas Carswell more like this
uin 35813 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-05-04more like thismore than 2016-05-04
answer text <p>The Treasury’s document published on the 18<sup>th</sup> April, was a rigorous and objective assessment of the economic impact of EU membership and the alternative. As stated in this document there will be a further document with an independent assessment of the short term implications of leaving the EU.</p><p> </p> more like this
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
question first answered
less than 2016-05-04T11:39:50.97Zmore like thismore than 2016-05-04T11:39:50.97Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
1527
label Biography information for Mr Douglas Carswell more like this
485532
registered interest false more like this
date less than 2016-03-23more like thismore than 2016-03-23
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
hansard heading UK Membership of EU more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what advice he has received from the Office for Budget Responsibility on the effect on the economy in the event of the UK leaving the EU. more like this
tabling member constituency Clacton remove filter
tabling member printed
Mr Douglas Carswell more like this
uin 32317 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-04-11more like thismore than 2016-04-11
answer text <p>A vote to leave the EU is identified as an economic risk in the OBR’s March 2016 <em>Economic and Fiscal Outlook</em>, which states that it “could usher in an extended period of uncertainty regarding the precise terms of the UK’s future relationship with the EU. This could have negative implications for activity via business and consumer confidence and might result in greater volatility in financial and other asset markets”.</p> more like this
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
question first answered
less than 2016-04-11T16:46:24.683Zmore like thismore than 2016-04-11T16:46:24.683Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
1527
label Biography information for Mr Douglas Carswell more like this
479525
registered interest false more like this
date less than 2016-03-17more like thismore than 2016-03-17
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
hansard heading Blockchain more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what planning his Department is undertaking to facilitate private sector investment in the scalability of the proofs-of-work aspects of blockchain technology; and what discussions he has had with the Bank of England on that topic. more like this
tabling member constituency Clacton remove filter
tabling member printed
Mr Douglas Carswell more like this
uin 31545 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-03-22more like thismore than 2016-03-22
answer text <p>Digital currencies, and the distributed ledger technology that underpins them, have the potential to bring innovative services and products to UK customers and firms – particularly in areas like international transfers.</p><p> </p><p>The Chancellor announced in March 2015 that the Government will bring digital currency exchange firms into regulation in the UK to help the legitimate industry flourish, and to create a hostile environment for illicit actors. We will publish proposals on this regulatory regime in due course.</p><p> </p><p>As outlined in Deputy Governor, Ben Broadbent’s recent speech, the Bank of England is also exploring this emerging sector and the implications it could have for monetary and financial stability as part of its broader research agenda.</p><p> </p><p>Separately, academics at University College London’s (UCL) digital currency research centre have also been looking at how the distributed ledger technology that underpins digital currencies could be harnessed by central banks. The Government is encouraged to see this research from one of the UK’s world-leading universities. However, this a theoretical paper by an independent institution, separate from the Bank of England’s work and from Government policy.</p><p> </p><p>It is the Government’s ambition to foster the growth of legitimate digital currency firms as part of the wider FinTech ecosystem here in the UK. As part of this, the Government will consider the wider implications of a growing digital currencies sector for the financial services sector and the economy as a whole. Some parts of Government are also looking at how the benefits of distributed ledger technology can be harnessed to deliver greater innovation. However, the Government and the Bank of England do not currently have any plans to introduce a centrally issued digital currency.</p><p> </p><p>The UK has been rated as having the world’s leading FinTech ecosystem in a recent global benchmarking exercise and attracted c. £524mn in investment in 2015.</p><p> </p><p> </p>
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
grouped question UIN
31556 more like this
31557 more like this
31558 more like this
31559 more like this
question first answered
less than 2016-03-22T16:41:28.977Zmore like thismore than 2016-03-22T16:41:28.977Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
1527
label Biography information for Mr Douglas Carswell more like this
479528
registered interest false more like this
date less than 2016-03-17more like thismore than 2016-03-17
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
hansard heading Cryptocurrencies more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what planning his Department is undertaking in relation to the effect of crypto-currencies on traditional banking models. more like this
tabling member constituency Clacton remove filter
tabling member printed
Mr Douglas Carswell more like this
uin 31557 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-03-22more like thismore than 2016-03-22
answer text <p>Digital currencies, and the distributed ledger technology that underpins them, have the potential to bring innovative services and products to UK customers and firms – particularly in areas like international transfers.</p><p> </p><p>The Chancellor announced in March 2015 that the Government will bring digital currency exchange firms into regulation in the UK to help the legitimate industry flourish, and to create a hostile environment for illicit actors. We will publish proposals on this regulatory regime in due course.</p><p> </p><p>As outlined in Deputy Governor, Ben Broadbent’s recent speech, the Bank of England is also exploring this emerging sector and the implications it could have for monetary and financial stability as part of its broader research agenda.</p><p> </p><p>Separately, academics at University College London’s (UCL) digital currency research centre have also been looking at how the distributed ledger technology that underpins digital currencies could be harnessed by central banks. The Government is encouraged to see this research from one of the UK’s world-leading universities. However, this a theoretical paper by an independent institution, separate from the Bank of England’s work and from Government policy.</p><p> </p><p>It is the Government’s ambition to foster the growth of legitimate digital currency firms as part of the wider FinTech ecosystem here in the UK. As part of this, the Government will consider the wider implications of a growing digital currencies sector for the financial services sector and the economy as a whole. Some parts of Government are also looking at how the benefits of distributed ledger technology can be harnessed to deliver greater innovation. However, the Government and the Bank of England do not currently have any plans to introduce a centrally issued digital currency.</p><p> </p><p>The UK has been rated as having the world’s leading FinTech ecosystem in a recent global benchmarking exercise and attracted c. £524mn in investment in 2015.</p><p> </p><p> </p>
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
grouped question UIN
31545 more like this
31556 more like this
31558 more like this
31559 more like this
question first answered
less than 2016-03-22T16:41:28.9Zmore like thismore than 2016-03-22T16:41:28.9Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
1527
label Biography information for Mr Douglas Carswell more like this
479529
registered interest false more like this
date less than 2016-03-17more like thismore than 2016-03-17
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
hansard heading Blockchain more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what planning his Department is undertaking on the collation of block chain data; and what discussions he has had with the Bank of England on that topic. more like this
tabling member constituency Clacton remove filter
tabling member printed
Mr Douglas Carswell more like this
uin 31559 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-03-22more like thismore than 2016-03-22
answer text <p>Digital currencies, and the distributed ledger technology that underpins them, have the potential to bring innovative services and products to UK customers and firms – particularly in areas like international transfers.</p><p> </p><p>The Chancellor announced in March 2015 that the Government will bring digital currency exchange firms into regulation in the UK to help the legitimate industry flourish, and to create a hostile environment for illicit actors. We will publish proposals on this regulatory regime in due course.</p><p> </p><p>As outlined in Deputy Governor, Ben Broadbent’s recent speech, the Bank of England is also exploring this emerging sector and the implications it could have for monetary and financial stability as part of its broader research agenda.</p><p> </p><p>Separately, academics at University College London’s (UCL) digital currency research centre have also been looking at how the distributed ledger technology that underpins digital currencies could be harnessed by central banks. The Government is encouraged to see this research from one of the UK’s world-leading universities. However, this a theoretical paper by an independent institution, separate from the Bank of England’s work and from Government policy.</p><p> </p><p>It is the Government’s ambition to foster the growth of legitimate digital currency firms as part of the wider FinTech ecosystem here in the UK. As part of this, the Government will consider the wider implications of a growing digital currencies sector for the financial services sector and the economy as a whole. Some parts of Government are also looking at how the benefits of distributed ledger technology can be harnessed to deliver greater innovation. However, the Government and the Bank of England do not currently have any plans to introduce a centrally issued digital currency.</p><p> </p><p>The UK has been rated as having the world’s leading FinTech ecosystem in a recent global benchmarking exercise and attracted c. £524mn in investment in 2015.</p><p> </p><p> </p>
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
grouped question UIN
31545 more like this
31556 more like this
31557 more like this
31558 more like this
question first answered
less than 2016-03-22T16:41:29.17Zmore like thismore than 2016-03-22T16:41:29.17Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
1527
label Biography information for Mr Douglas Carswell more like this
479530
registered interest false more like this
date less than 2016-03-17more like thismore than 2016-03-17
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
hansard heading Cryptocurrencies more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, whether he plans to implement the University College London RSCoin proposal. more like this
tabling member constituency Clacton remove filter
tabling member printed
Mr Douglas Carswell more like this
uin 31558 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-03-22more like thismore than 2016-03-22
answer text <p>Digital currencies, and the distributed ledger technology that underpins them, have the potential to bring innovative services and products to UK customers and firms – particularly in areas like international transfers.</p><p> </p><p>The Chancellor announced in March 2015 that the Government will bring digital currency exchange firms into regulation in the UK to help the legitimate industry flourish, and to create a hostile environment for illicit actors. We will publish proposals on this regulatory regime in due course.</p><p> </p><p>As outlined in Deputy Governor, Ben Broadbent’s recent speech, the Bank of England is also exploring this emerging sector and the implications it could have for monetary and financial stability as part of its broader research agenda.</p><p> </p><p>Separately, academics at University College London’s (UCL) digital currency research centre have also been looking at how the distributed ledger technology that underpins digital currencies could be harnessed by central banks. The Government is encouraged to see this research from one of the UK’s world-leading universities. However, this a theoretical paper by an independent institution, separate from the Bank of England’s work and from Government policy.</p><p> </p><p>It is the Government’s ambition to foster the growth of legitimate digital currency firms as part of the wider FinTech ecosystem here in the UK. As part of this, the Government will consider the wider implications of a growing digital currencies sector for the financial services sector and the economy as a whole. Some parts of Government are also looking at how the benefits of distributed ledger technology can be harnessed to deliver greater innovation. However, the Government and the Bank of England do not currently have any plans to introduce a centrally issued digital currency.</p><p> </p><p>The UK has been rated as having the world’s leading FinTech ecosystem in a recent global benchmarking exercise and attracted c. £524mn in investment in 2015.</p><p> </p><p> </p>
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
grouped question UIN
31545 more like this
31556 more like this
31557 more like this
31559 more like this
question first answered
less than 2016-03-22T16:41:29.103Zmore like thismore than 2016-03-22T16:41:29.103Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
1527
label Biography information for Mr Douglas Carswell more like this
479531
registered interest false more like this
date less than 2016-03-17more like thismore than 2016-03-17
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
hansard heading Cryptocurrencies more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what discussions he has had with the Bank of England on utilising the University College London RSCoin proposal as an alternative to Western Union, CHAPS, BACS and the Faster Payment Service. more like this
tabling member constituency Clacton remove filter
tabling member printed
Mr Douglas Carswell more like this
uin 31556 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-03-22more like thismore than 2016-03-22
answer text <p>Digital currencies, and the distributed ledger technology that underpins them, have the potential to bring innovative services and products to UK customers and firms – particularly in areas like international transfers.</p><p> </p><p>The Chancellor announced in March 2015 that the Government will bring digital currency exchange firms into regulation in the UK to help the legitimate industry flourish, and to create a hostile environment for illicit actors. We will publish proposals on this regulatory regime in due course.</p><p> </p><p>As outlined in Deputy Governor, Ben Broadbent’s recent speech, the Bank of England is also exploring this emerging sector and the implications it could have for monetary and financial stability as part of its broader research agenda.</p><p> </p><p>Separately, academics at University College London’s (UCL) digital currency research centre have also been looking at how the distributed ledger technology that underpins digital currencies could be harnessed by central banks. The Government is encouraged to see this research from one of the UK’s world-leading universities. However, this a theoretical paper by an independent institution, separate from the Bank of England’s work and from Government policy.</p><p> </p><p>It is the Government’s ambition to foster the growth of legitimate digital currency firms as part of the wider FinTech ecosystem here in the UK. As part of this, the Government will consider the wider implications of a growing digital currencies sector for the financial services sector and the economy as a whole. Some parts of Government are also looking at how the benefits of distributed ledger technology can be harnessed to deliver greater innovation. However, the Government and the Bank of England do not currently have any plans to introduce a centrally issued digital currency.</p><p> </p><p>The UK has been rated as having the world’s leading FinTech ecosystem in a recent global benchmarking exercise and attracted c. £524mn in investment in 2015.</p><p> </p><p> </p>
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
grouped question UIN
31545 more like this
31557 more like this
31558 more like this
31559 more like this
question first answered
less than 2016-03-22T16:41:29.04Zmore like thismore than 2016-03-22T16:41:29.04Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
1527
label Biography information for Mr Douglas Carswell more like this