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1003616
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Financial Services: Climate Change 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 discussions he has had with the Governor of the Bank of England on managing the risk to the financial system posed by climate change. more like this
tabling member constituency Hornsey and Wood Green more like this
tabling member printed
Catherine West more like this
uin 189774 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-19more like thismore than 2018-11-19
answer text <p>Treasury Ministers have meetings with a variety of public and private organisations, including the Bank of England, as part of the process of policy development.</p><p> </p><p>Details of ministerial meetings with external organisations are published quarterly at: <a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a></p><p> </p><p>Green Finance is an important area of collaboration with the Bank of England, and we welcome the Bank’s recent announcement to set out, for consultation, supervisory expectations for banks and insurers to consider climate risks in their approach.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
grouped question UIN 189843 more like this
question first answered
less than 2018-11-19T16:10:52.057Zmore like thismore than 2018-11-19T16:10:52.057Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4523
label Biography information for Catherine West more like this
1003617
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Financial Services: Climate Change 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 discussions he has had with the Governor of the Bank of England on the effect of climate change on the Bank’s ability to preserve macroeconomic stability. more like this
tabling member constituency Hornsey and Wood Green more like this
tabling member printed
Catherine West more like this
uin 189842 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-19more like thismore than 2018-11-19
answer text <p>Treasury Ministers have meetings with a variety of public and private organisations, including the Bank of England, as part of the process of policy development.</p><p> </p><p>Details of ministerial meetings with external organisations are published quarterly at: <a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a></p><p> </p><p>Green Finance is an important area of collaboration with the Bank of England, and we welcome the Bank’s recent announcement to set out, for consultation, supervisory expectations for banks and insurers to consider climate risks in their approach.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2018-11-19T16:00:52.237Zmore like thismore than 2018-11-19T16:00:52.237Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4523
label Biography information for Catherine West more like this
1003618
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Financial Services: Climate Change 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 discussions he has had with the Governor of the Bank of England on the Bank’s role in mobilising finance for the low-carbon transition. more like this
tabling member constituency Hornsey and Wood Green more like this
tabling member printed
Catherine West more like this
uin 189843 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-19more like thismore than 2018-11-19
answer text <p>Treasury Ministers have meetings with a variety of public and private organisations, including the Bank of England, as part of the process of policy development.</p><p> </p><p>Details of ministerial meetings with external organisations are published quarterly at: <a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a></p><p> </p><p>Green Finance is an important area of collaboration with the Bank of England, and we welcome the Bank’s recent announcement to set out, for consultation, supervisory expectations for banks and insurers to consider climate risks in their approach.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
grouped question UIN 189774 more like this
question first answered
less than 2018-11-19T16:10:51.983Zmore like thismore than 2018-11-19T16:10:51.983Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4523
label Biography information for Catherine West more like this
1003657
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Treasury: Energy 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 quantity was of (a) electricity and (b) natural gas used by (i) his Department, (ii) the Crown Estate, (iii) the Financial Conduct Authority, (iv) the Infrastructure and Projects Authority, (v) the National Infrastructure Commission, (vi) the Payment Systems Regulator and (vii) the Royal Mint in each of the last three years for which figures are available. more like this
tabling member constituency Cumbernauld, Kilsyth and Kirkintilloch East more like this
tabling member printed
Stuart C. McDonald more like this
uin 189706 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-19more like thismore than 2018-11-19
answer text <p>The Treasury’s spend on electricity and natural gas between 1 April and 31 March 2018 was £1,506,000. The quantity consumed for electricity and natural gas was 8,170,000 kwh and 85,000 kwh respectively. The other entities are split below:</p><p> </p><table><tbody><tr><td rowspan="2"><p> </p></td><td><p>Electricity</p></td><td><p>Gas</p></td><td><p>Cost</p></td></tr><tr><td><p>kWh</p></td><td><p>kWh</p></td><td><p>£’000</p></td></tr><tr><td><p>HM Treasury (1)</p></td><td><p>8,174,000</p></td><td><p>85,000</p></td><td><p>1,506</p></td></tr><tr><td><p>Crown Estate (2)</p></td><td><p>Nil</p></td><td><p>Nil</p></td><td><p>81</p></td></tr><tr><td><p>Infrastructure and Projects Authority (3)</p></td><td><p>Nil</p></td><td><p>Nil</p></td><td><p>Nil</p></td></tr><tr><td><p>National Infrastructure Commission (4)</p></td><td><p>Nil</p></td><td><p>Nil</p></td><td><p>Nil</p></td></tr><tr><td><p>Royal Mint Ltd (5)</p></td><td><p>130,000,000</p></td><td><p>61,000,000</p></td><td><p>13,657</p></td></tr><tr><td><p>Financial Conduct Authority (6)</p></td><td><p>33,549.295</p></td><td><p>829,351</p></td><td><p>3,957</p></td></tr></tbody></table><p><strong> </strong></p><ol><li><p>Information is published within HM Treasury 2017-18 Annual Report and Accounts pages 189 and 190 <a href="https://www.gov.uk/government/publications/hm-treasury-annual-report-and-accounts-2017-to-2018" target="_blank">https://www.gov.uk/government/publications/hm-treasury-annual-report-and-accounts-2017-to-2018</a></p></li><li><p>The Crown Estate Head Office costs are for Electricity only. Neither the spend for natural gas nor the quantity figures for both electricity and gas are easily available and could not extract them without incurring disproportionate cost.</p></li><li><p>The Infrastructure and Projects Authority (IPA) figures are part of the Cabinet Office and would form part of their remit.</p></li><li><p>The National Infrastructure Commission spend and quantity for electricity and natural gas are not easily available and could not extract them without incurring disproportionate cost</p></li><li><p>The Royal Mint Ltd uses large amounts of electricity and gas in the manufacturing of coinage and has recently invested in a renewable energy source with the purchase of a wind turbine.</p></li><li><p>The Financial Conduct Authority figures are including the Payment Systems Regulator as they do not split them out. The figures exclude 1 Canada Square and Edinburgh as utilities are included in the service charge. This information is provided in our report and accounts on page 146 <a href="https://www.fca.org.uk/publication/annual-reports/annual-report-2017-18.pdf" target="_blank">https://www.fca.org.uk/publication/annual-reports/annual-report-2017-18.pdf</a></p></li></ol>
answering member constituency Newark more like this
answering member printed Robert Jenrick more like this
grouped question UIN 189707 more like this
question first answered
less than 2018-11-19T16:48:25.833Zmore like thismore than 2018-11-19T16:48:25.833Z
answering member
4320
label Biography information for Robert Jenrick more like this
tabling member
4393
label Biography information for Stuart C McDonald more like this
1003658
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Treasury: Energy 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 cost was of (a) electricity and (b) natural gas used by (i) his Department, (ii) the Crown Estate, (iii) the Financial Conduct Authority, (iv) the Infrastructure and Projects Authority, (v) the National Infrastructure Commission, (vi) the Payment Systems Regulator and (vii) the Royal Mint in each of the last three years for which figures are available. more like this
tabling member constituency Cumbernauld, Kilsyth and Kirkintilloch East more like this
tabling member printed
Stuart C. McDonald more like this
uin 189707 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-19more like thismore than 2018-11-19
answer text <p>The Treasury’s spend on electricity and natural gas between 1 April and 31 March 2018 was £1,506,000. The quantity consumed for electricity and natural gas was 8,170,000 kwh and 85,000 kwh respectively. The other entities are split below:</p><p> </p><table><tbody><tr><td rowspan="2"><p> </p></td><td><p>Electricity</p></td><td><p>Gas</p></td><td><p>Cost</p></td></tr><tr><td><p>kWh</p></td><td><p>kWh</p></td><td><p>£’000</p></td></tr><tr><td><p>HM Treasury (1)</p></td><td><p>8,174,000</p></td><td><p>85,000</p></td><td><p>1,506</p></td></tr><tr><td><p>Crown Estate (2)</p></td><td><p>Nil</p></td><td><p>Nil</p></td><td><p>81</p></td></tr><tr><td><p>Infrastructure and Projects Authority (3)</p></td><td><p>Nil</p></td><td><p>Nil</p></td><td><p>Nil</p></td></tr><tr><td><p>National Infrastructure Commission (4)</p></td><td><p>Nil</p></td><td><p>Nil</p></td><td><p>Nil</p></td></tr><tr><td><p>Royal Mint Ltd (5)</p></td><td><p>130,000,000</p></td><td><p>61,000,000</p></td><td><p>13,657</p></td></tr><tr><td><p>Financial Conduct Authority (6)</p></td><td><p>33,549.295</p></td><td><p>829,351</p></td><td><p>3,957</p></td></tr></tbody></table><p><strong> </strong></p><ol><li><p>Information is published within HM Treasury 2017-18 Annual Report and Accounts pages 189 and 190 <a href="https://www.gov.uk/government/publications/hm-treasury-annual-report-and-accounts-2017-to-2018" target="_blank">https://www.gov.uk/government/publications/hm-treasury-annual-report-and-accounts-2017-to-2018</a></p></li><li><p>The Crown Estate Head Office costs are for Electricity only. Neither the spend for natural gas nor the quantity figures for both electricity and gas are easily available and could not extract them without incurring disproportionate cost.</p></li><li><p>The Infrastructure and Projects Authority (IPA) figures are part of the Cabinet Office and would form part of their remit.</p></li><li><p>The National Infrastructure Commission spend and quantity for electricity and natural gas are not easily available and could not extract them without incurring disproportionate cost</p></li><li><p>The Royal Mint Ltd uses large amounts of electricity and gas in the manufacturing of coinage and has recently invested in a renewable energy source with the purchase of a wind turbine.</p></li><li><p>The Financial Conduct Authority figures are including the Payment Systems Regulator as they do not split them out. The figures exclude 1 Canada Square and Edinburgh as utilities are included in the service charge. This information is provided in our report and accounts on page 146 <a href="https://www.fca.org.uk/publication/annual-reports/annual-report-2017-18.pdf" target="_blank">https://www.fca.org.uk/publication/annual-reports/annual-report-2017-18.pdf</a></p></li></ol>
answering member constituency Newark more like this
answering member printed Robert Jenrick more like this
grouped question UIN 189706 more like this
question first answered
less than 2018-11-19T16:48:25.88Zmore like thismore than 2018-11-19T16:48:25.88Z
answering member
4320
label Biography information for Robert Jenrick more like this
tabling member
4393
label Biography information for Stuart C McDonald more like this
1003692
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Treasury: Billing 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 proportion of contracts issued by his Department and contractors include provisions to impose, as between parties to the subcontract, that any payment due from the contractor to a subcontractor under the contract is to be made no later than the end of a period of 30 days from the date on which the relevant invoice is regarded as valid and undisputed, as required by the Public Contract Regulations 2015. more like this
tabling member constituency Hemsworth more like this
tabling member printed
Jon Trickett more like this
uin 189573 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-19more like thismore than 2018-11-19
answer text <p>Through the Public Contract Regulations 2015, all public sector buyers must include 30-day payment terms in new public sector contracts; and require that this payment term be passed down the supply chain. Public sector buyers must also publish annually on their payment performance.</p><p> </p><p>Government strongly encourages businesses to report poor payment practice and instances of late payment, including late payment through the supply chain, in public sector contracts to its Mystery Shopper service. Mystery Shopper will then investigate.</p> more like this
answering member constituency Newark more like this
answering member printed Robert Jenrick more like this
question first answered
less than 2018-11-19T13:45:41.363Zmore like thismore than 2018-11-19T13:45:41.363Z
answering member
4320
label Biography information for Robert Jenrick more like this
tabling member
410
label Biography information for Jon Trickett more like this
1003831
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Debts: Developing Countries 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 he will issue a response to EDM 158, transparency of developing country debts. more like this
tabling member constituency Glasgow North more like this
tabling member printed
Patrick Grady more like this
uin 189731 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-14more like thismore than 2018-11-14
answer text <p>The Government recognises that ensuring debt sustainability and transparency in Low Income Countries (LICs) is important. UK-based lenders are subject to extensive prudential disclosure requirements under UK prudential and accounting law, including for material loans made to foreign Governments, which appropriately reflect firms’ exposures. Compliance with these requirements are independently assessed by the relevant UK regulator during their supervisory activities.</p><p> </p><p>Given the complex international nature of LIC debt, we continue to believe that internationally-agreed assessments and coordinated approaches to tackle debt vulnerability are most effective. The G20 have been supporting work on debt sustainability, including G20 sustainable lending guidelines and voluntary industry-led initiatives to promote debt transparency from private lenders to sovereign nations, especially LICs.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2018-11-14T17:28:56.23Zmore like thismore than 2018-11-14T17:28:56.23Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4432
label Biography information for Patrick Grady more like this
1003843
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Talk Money Week 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 he plans to support Talk Money Week which takes place from 12 to 18 November as part of the Financial Capability Strategy for the UK. more like this
tabling member constituency West Lancashire more like this
tabling member printed
Rosie Cooper more like this
uin 189641 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-19more like thismore than 2018-11-19
answer text <p>HM Treasury works closely with the Money Advice (MAS), the main organisers of Talk Money Week, on debt advice, financial capability and financial education policy. The Government strongly supports Talk Money Week and I provided the keynote speech at the Talk Money Conference on 14<sup>th</sup> November.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2018-11-19T15:56:20.193Zmore like thismore than 2018-11-19T15:56:20.193Z
answering member
4051
label Biography information for John Glen more like this
tabling member
1538
label Biography information for Rosie Cooper more like this
1003871
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Crown Lands and Estates 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, pursuant to the Answer of 5 November 2018 to Question 186180 on Crown Lands and Estates, which topics regarding property held in escheat were discussed. more like this
tabling member constituency Gedling more like this
tabling member printed
Vernon Coaker more like this
uin 189559 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-15more like thismore than 2018-11-15
answer text <p>Escheat was discussed at a high level and particularly in relation to landfill sites.</p> more like this
answering member constituency Newark more like this
answering member printed Robert Jenrick more like this
question first answered
less than 2018-11-15T17:04:13.593Zmore like thismore than 2018-11-15T17:04:13.593Z
answering member
4320
label Biography information for Robert Jenrick more like this
tabling member
360
label Biography information for Lord Coaker more like this
1003885
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Treasury: Public Bodies 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 plans his Department has to close (a) the Royal Mint Advisory Committee office in Llantrisant, Pontyclun, (b) the Valuation Office Agency on High Street, Bangor, (c) the Valuation Office Agency at Picton Terrace, Carmarthen, (d) the Valuation Office on Regent Street, Rexham, (e) the Valuation Office Agency at Chepstow Road, Newport, (f) the Valuation Office Agency on High Street, Swansea, (g) the Valuation Office Agency on Churton Road, Rhyl, (h) the Valuation Office Agency on Castle Street, Merthyr Tydfil, (i) the Valuation Office Agency on Ty Glas Road, Cardiff, (j) the Inland Revenue Office at 27 Westgate Street, Cardiff, (k) the HMRC office on Stepney Street, Llanelli, (l) the HMRC office on Britannia Terrace, Porthmadog and (m) the HMRC office on Ellice Way, Wrexham. more like this
tabling member constituency Ceredigion more like this
tabling member printed
Ben Lake more like this
uin 189826 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-19more like thismore than 2018-11-19
answer text <ol><li><p>HM Treasury have confirmed that the Royal Mint Advisory Committee have no plans to close the office in Llantrisant, Pontyclun.</p></li><li><p>The Valuation Office Agency (VOA) office on High Street, Bangor is due to close in 2020-21.</p></li><li><p>The VOA office at Picton Terrace, Carmarthen is due to close in October 2019.</p></li><li><p>Wrexham is a long-term location for the VOA.</p></li><li><p>The VOA office on Cheapstow Road, Newport closed in January 2017.</p></li><li><p>Swansea is a long-term location for the VOA.</p></li><li><p>The VOA office on Churton Road, Rhyl is due to close in October 2019.</p></li><li><p>The VOA office on Castle Street, Merthyr Tydfil closed in March 2016.</p></li><li><p>The VOA is currently located on Ty Glas Road, Cardiff. They intend to remain in Cardiff, and plan to relocate into the Cardiff Government hub, co-located with HMRC during 2020-2021.</p></li><li><p>Whilst there was an Inland Revenue Office at 27 Westgate Street, Cardiff, HMRC do not hold records of when this office closed.</p></li><li><p>The HMRC office on Stepney Street, Llanelli closed in 2014-2015.</p></li><li><p>The HMRC office on Britannia Terrace, Porthmadog closed in May 2018.</p></li><li><p>HMRC will continue to occupy the office on Ellice Way, Wrexham until 2020-2021.</p><p> </p><p>The VOA’s estates programme aligns to the wider Government Estate Strategy, and in the future VOA offices will often be based in Government Hubs, enabling closer working with other government departments. The intention is for the VOA's estates strategy to balance affordability, geographical coverage and allow more efficient and digital ways of working. As office space is reduced, the VOA will seek, where possible, to retain people and their skills in the Agency.</p></li></ol>
answering member constituency Central Devon more like this
answering member printed Mel Stride more like this
question first answered
less than 2018-11-19T16:26:34.953Zmore like thismore than 2018-11-19T16:26:34.953Z
answering member
3935
label Biography information for Mel Stride more like this
tabling member
4630
label Biography information for Ben Lake more like this