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850929

registered interest
date	27/02/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Cash Dispensing: Fees and Charges
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 effect of LINK's decision on interchange fees on the ability of UK consumers to freely access cash.
tabling member constituency	Sheffield, Brightside and Hillsborough
tabling member printed	Gill Furniss
uin	130140
answer	answer is ministerial correction date of answer 05/03/2018 answer text <p>The Government recognises that widespread free access to cash remains extremely important to the day-to-day lives of many consumers and businesses in the UK. Government has been engaging and will continue to engage with the regulators and industry, including LINK, to ensure that it is maintained.</p><p> </p><p>The Government established the Payment Systems Regulator (PSR) in 2015 with a statutory objective to ensure that the UK’s payment systems work in the interests of their users.</p><p> </p><p>As part of this, the PSR is monitoring developments within ATM provision. The PSR recently commissioned work to understand the impact on the provision of free-to-use ATMs that a reduction in interchange fees may have. They have also set out three requirements of LINK: that LINK must maintain the current geographical spread of ATMs; that any changes made to interchange fees must be incremental to allow LINK to monitor the impact and take action if the impact is not as expected; and for a greater focus on LINK’s financial inclusion programme, to continue to fill gaps in the network. The PSR has committed to using its powers to act should LINK behave in a way that conflicts with its statutory objectives. The PSR has recently published a summary of their work to date, which can be found at https://www.psr.org.uk/psr-focus/the-UK-ATM-network.</p><p> </p><p>Following the publication of these three criteria, LINK, the scheme behind the UK’s ATM network, committed to maintaining an extensive network of free-to-use cash machines, and to ensuring that the present geographical spread of ATMs is maintained. To do this, LINK will bolster its Financial Inclusion Programme, which ensures the provision of ATMs in certain areas where demand would not otherwise make one viable. LINK will also protect all free-to-use ATMs which are a kilometre or more from the next nearest free-to-use ATM, and ensure that any community that loses ATM access because of a branch closure has a free ATM provided.</p><p> </p><p>Furthermore, LINK will do an annual review the impact of the interchange fee reduction as it is phased in over the next four years. In addition, LINK will set up publicly available monitoring on its website of every area of the country showing free ATM availability, and highlight any areas where free ATM availability is lost.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 130142 question first answered 05/03/2018 15:51:05 answering member 4051 label Biography information for John Glen
tabling member	4571 label Biography information for Gill Furniss

850931

registered interest
date	27/02/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Cash Dispensing: Fees and Charges
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what representations his Department has made to LINK on its decision to change the interchange fee mechanisms paid by banks to ATM operators.
tabling member constituency	Sheffield, Brightside and Hillsborough
tabling member printed	Gill Furniss
uin	130142
answer	answer is ministerial correction date of answer 05/03/2018 answer text <p>The Government recognises that widespread free access to cash remains extremely important to the day-to-day lives of many consumers and businesses in the UK. Government has been engaging and will continue to engage with the regulators and industry, including LINK, to ensure that it is maintained.</p><p> </p><p>The Government established the Payment Systems Regulator (PSR) in 2015 with a statutory objective to ensure that the UK’s payment systems work in the interests of their users.</p><p> </p><p>As part of this, the PSR is monitoring developments within ATM provision. The PSR recently commissioned work to understand the impact on the provision of free-to-use ATMs that a reduction in interchange fees may have. They have also set out three requirements of LINK: that LINK must maintain the current geographical spread of ATMs; that any changes made to interchange fees must be incremental to allow LINK to monitor the impact and take action if the impact is not as expected; and for a greater focus on LINK’s financial inclusion programme, to continue to fill gaps in the network. The PSR has committed to using its powers to act should LINK behave in a way that conflicts with its statutory objectives. The PSR has recently published a summary of their work to date, which can be found at https://www.psr.org.uk/psr-focus/the-UK-ATM-network.</p><p> </p><p>Following the publication of these three criteria, LINK, the scheme behind the UK’s ATM network, committed to maintaining an extensive network of free-to-use cash machines, and to ensuring that the present geographical spread of ATMs is maintained. To do this, LINK will bolster its Financial Inclusion Programme, which ensures the provision of ATMs in certain areas where demand would not otherwise make one viable. LINK will also protect all free-to-use ATMs which are a kilometre or more from the next nearest free-to-use ATM, and ensure that any community that loses ATM access because of a branch closure has a free ATM provided.</p><p> </p><p>Furthermore, LINK will do an annual review the impact of the interchange fee reduction as it is phased in over the next four years. In addition, LINK will set up publicly available monitoring on its website of every area of the country showing free ATM availability, and highlight any areas where free ATM availability is lost.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 130140 question first answered 05/03/2018 15:51:05 answering member 4051 label Biography information for John Glen
tabling member	4571 label Biography information for Gill Furniss

795097

registered interest
date	24/11/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Economic Growth: Sheffield
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether he plans to provide funding for economic development in Sheffield when (a) local growth and (b) EU funding ends.
tabling member constituency	Sheffield, Brightside and Hillsborough
tabling member printed	Gill Furniss
uin	115639
answer	answer is ministerial correction date of answer 29/11/2017 answer text <p>The government has guaranteed funding for all European Structural and Investment Fund projects signed before the UK leaves the European Union, provided they are value for money and in line with domestic priorities. Following the UK’s departure from the European Union, we will launch the UK Shared Prosperity Fund; this will use money returning from the EU to provide funding for economic development and local growth across the UK.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 29/11/2017 12:18:06 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4571 label Biography information for Gill Furniss

783159

registered interest
date	03/11/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Beer: Excise Duties
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 effect of the rise in beer duty in the March 2017 Budget (a) on the price of beer for consumers and (b) in tax revenue.
tabling member constituency	Sheffield, Brightside and Hillsborough
tabling member printed	Gill Furniss
uin	111352
answer	answer is ministerial correction date of answer 13/11/2017 answer text <p>The Government published its assessment of the impacts of the alcohol duty changes in the Tax Information and Impact Note, which can be found online at:</p><p> </p><p><strong><a href="https://www.gov.uk/government/publications/alcohol-duty-rate-changes/alcohol-duty-rate-changes" target="_blank">https://www.gov.uk/government/publications/alcohol-duty-rate-changes/alcohol-duty-rate-changes</a> </strong></p> answering member constituency Harrogate and Knaresborough answering member printed Andrew Jones question first answered 13/11/2017 15:35:13 answering member 3996 label Biography information for Andrew Jones
tabling member	4571 label Biography information for Gill Furniss

748066

registered interest
date	04/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Excise Duties: Beer
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether he estimated the cost of freezing beer duty for 2017-18 prior to the introduction of the Spring Budget 2017.
tabling member constituency	Sheffield, Brightside and Hillsborough
tabling member printed	Gill Furniss
uin	2852
answer	answer is ministerial correction date of answer 10/07/2017 answer text <p>The Chancellor of the Exchequer keeps all taxes, including alcohol duties, under review and considers a wide range of tax policy options before each Budget.</p> answering member constituency Harrogate and Knaresborough answering member printed Andrew Jones question first answered 10/07/2017 08:58:47 answering member 3996 label Biography information for Andrew Jones
tabling member	4571 label Biography information for Gill Furniss

747137

registered interest
date	30/06/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	EU Grants and Loans
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what plans he has to introduce a UK shared prosperity fund; how much such a fund will contain; to whom that funding will be made available; and how those eligible for funding will apply for access to that funding.
tabling member constituency	Sheffield, Brightside and Hillsborough
tabling member printed	Gill Furniss
uin	2268
answer	answer is ministerial correction date of answer 05/07/2017 answer text <p>The government’s manifesto committed to create a UK Shared Prosperity Fund. Further details will be set out in due course. The government has provided a guarantee for all European Structural and Investment Fund projects signed before the UK leaves the European Union (EU) if they provide good value for money and are in line with domestic strategic priorities. This includes projects that continue beyond the UK’s departure from the EU.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 05/07/2017 15:42:34 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4571 label Biography information for Gill Furniss

747149

registered interest
date	30/06/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Foreign Exchange
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will publish the results of the research commissioned by his Department on the effect of current pricing structures used by foreign exchange providers on consumer value choices.
tabling member constituency	Sheffield, Brightside and Hillsborough
tabling member printed	Gill Furniss
uin	2291
answer	answer is ministerial correction date of answer 05/07/2017 answer text <p>In its Answer of 18 April 2017 to Question 69488, the Government stated that it was conducting research on the effects of transparency in overseas money transfers (involving foreign exchange), on consumer decisions. This research will help to inform the Government's response to the consultation on draft regulations for the implementation of the Second Payment Services Directive. This response will be published shortly.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 2292 question first answered 05/07/2017 16:02:41 answering member 4095 label Biography information for Steve Barclay
tabling member	4571 label Biography information for Gill Furniss