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1107763

registered interest
date	29/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Regional Assistance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the total amount of regional aid not subject to the Barnett formula (a) was for each year since 2009 and (b) is projected to be in each year for which information is available for (i) Scotland, (ii) Wales, (iii) Northern Ireland and (iv) each region of England.
tabling member constituency	Motherwell and Wishaw
tabling member printed	Marion Fellows
uin	238660
answer	answer is ministerial correction date of answer 03/04/2019 answer text <p>A detailed breakdown of the block grant funding for each of the devolved administrations is available in the Block Grant Transparency publication which is available on line at:</p><p> </p><p>https://www.gov.uk/government/publications/block-grant-transparency-december-2018</p><p> </p><p>This recently developed publication sets out how the block grants for the Scottish Government, Welsh Government and a Northern Ireland Executive have been calculated during the 2015 Spending Review period.</p><p> </p><p>Prior to the publication of the Block Grant Transparency document, the Annual Reports of the Scotland, Wales and Northern Ireland Offices each contained data relating to the composition of the block grants.</p><p>No funding has been provided to English regions outside the scope of the Barnett Formula.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 03/04/2019 13:21:06 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4440 label Biography information for Marion Fellows

1109535

registered interest
date	04/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	London Capital & Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps the Financial Conduct Authority took in response to the letter dated 29 November 2015 from financial advisor Neil Liversidge on London Capital and Finance's promotional activities.
tabling member constituency	Birmingham, Hall Green
tabling member printed	Mr Roger Godsiff
uin	240658
answer	answer is ministerial correction date of answer 10/04/2019 answer text <p>On 1 April, the Economic Secretary announced that he will use powers under the Financial Services Act 2012 to direct the Financial Conduct Authority (FCA) to launch an investigation into the events at London Capital &amp; Finance and the circumstances surrounding them. This followed a request from the FCA Chair, Charles Randell, to the Economic Secretary to launch such an investigation.</p><p> </p><p>The investigation will be led by an independent person appointed by the FCA, with the approval of HM Treasury. Further details of the independent investigation, including its terms, will be communicated in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 240486 240487 240488 question first answered 10/04/2019 15:37:34 answering member 4051 label Biography information for John Glen
tabling member	304 label Biography information for Mr Roger Godsiff

1109749

registered interest
date	04/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Equitable Life Assurance Society: Compensation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if his Department will reopen the compensation scheme for Equitable Life victims.
tabling member constituency	Warrington South
tabling member printed	Faisal Rashid
uin	241093
answer	answer is ministerial correction date of answer 10/04/2019 answer text <p>Since 2010, we have taken more action than any previous government to resolve this issue by allocating up to £1.5bn, tax free, for payment to affected policyholders. There are no plans to allocate any further funds to the Equitable Life Payment Scheme, or reopen it.</p> answering member constituency Salisbury answering member printed John Glen question first answered 10/04/2019 15:29:08 answering member 4051 label Biography information for John Glen
tabling member	4670 label Biography information for Faisal Rashid

1109771

registered interest
date	04/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Revenue and Customs: Fines
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will publish the HMRC penalties issued in 2018 by size of business.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	241052
answer	answer is ministerial correction date of answer 12/04/2019 answer text <p>The purpose of penalties is to encourage taxpayers to comply with their obligations, act as a sanction for those who do not and to reassure those who do comply that they will not be disadvantaged by those who do not. Penalties are not used as a revenue-raising mechanism.</p><p> </p><p>Parliament determines the laws relating to tax and to whom they apply. HMRC apply those laws fairly and do not discriminate between different taxpayers or size of business.</p><p> </p><p>HMRC can apply a large number of different penalties, but they break down into three broad areas:</p><p> </p><p>• Automatic penalties for failure to meet a time-bound obligation, such as submitting returns or making payments by a specified deadline;</p><p> </p><p>• Penalties for failure to meet a regulatory obligation, such as the requirement to keep certain records; and</p><p> </p><p>• Behaviour-based penalties for inaccurate returns and documents and failure to notify taxable status.</p><p> </p><p>A penalty is not payable if a person had a reasonable excuse for failing to meet an obligation or took reasonable care to avoid submitting an inaccurate return.</p><p> </p><p>HMRC does not record data on penalties issued by size of business.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 12/04/2019 12:15:00 answering member 3935 label Biography information for Mel Stride
tabling member	4397 label Biography information for Peter Dowd

1109342

registered interest
date	03/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	London Capital & Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, why the Financial Conduct Authority gave FCA regulated accreditation to London Capital and Finance (LC&F) on 7 June 2016 for LC&F's promotional activities and not its products; and for what reasons LC&F was permitted to market itself as regulated by the FCA.
tabling member constituency	Birmingham, Hall Green
tabling member printed	Mr Roger Godsiff
uin	240486
answer	answer is ministerial correction date of answer 10/04/2019 answer text <p>On 1 April, the Economic Secretary announced that he will use powers under the Financial Services Act 2012 to direct the Financial Conduct Authority (FCA) to launch an investigation into the events at London Capital &amp; Finance and the circumstances surrounding them. This followed a request from the FCA Chair, Charles Randell, to the Economic Secretary to launch such an investigation.</p><p> </p><p>The investigation will be led by an independent person appointed by the FCA, with the approval of HM Treasury. Further details of the independent investigation, including its terms, will be communicated in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 240487 240488 240658 question first answered 10/04/2019 15:37:34 answering member 4051 label Biography information for John Glen
tabling member	304 label Biography information for Mr Roger Godsiff

1109344

registered interest
date	03/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	London Capital & Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether the Financial Conduct Authority was aware of the level of commission payments made to Surge Financial for promoting London Capital & Finance minibonds.
tabling member constituency	Birmingham, Hall Green
tabling member printed	Mr Roger Godsiff
uin	240487
answer	answer is ministerial correction date of answer 10/04/2019 answer text <p>On 1 April, the Economic Secretary announced that he will use powers under the Financial Services Act 2012 to direct the Financial Conduct Authority (FCA) to launch an investigation into the events at London Capital &amp; Finance and the circumstances surrounding them. This followed a request from the FCA Chair, Charles Randell, to the Economic Secretary to launch such an investigation.</p><p> </p><p>The investigation will be led by an independent person appointed by the FCA, with the approval of HM Treasury. Further details of the independent investigation, including its terms, will be communicated in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 240486 240488 240658 question first answered 10/04/2019 15:37:34 answering member 4051 label Biography information for John Glen
tabling member	304 label Biography information for Mr Roger Godsiff

1109345

registered interest
date	03/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	London Capital & Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether Surge Financial was required to be regulated by the FCA when promoting London Capital and Finance’s (LC&F) mini-bonds, following the FCA's granting of regulated accreditation to LC&F on 7 June 2016 for promotional activities and not products.
tabling member constituency	Birmingham, Hall Green
tabling member printed	Mr Roger Godsiff
uin	240488
answer	answer is ministerial correction date of answer 10/04/2019 answer text <p>On 1 April, the Economic Secretary announced that he will use powers under the Financial Services Act 2012 to direct the Financial Conduct Authority (FCA) to launch an investigation into the events at London Capital &amp; Finance and the circumstances surrounding them. This followed a request from the FCA Chair, Charles Randell, to the Economic Secretary to launch such an investigation.</p><p> </p><p>The investigation will be led by an independent person appointed by the FCA, with the approval of HM Treasury. Further details of the independent investigation, including its terms, will be communicated in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 240486 240487 240658 question first answered 10/04/2019 15:37:34 answering member 4051 label Biography information for John Glen
tabling member	304 label Biography information for Mr Roger Godsiff

1109349

registered interest
date	03/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business: Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps he plans to take to increase business investment in the UK after the UK leaves the EU.
tabling member constituency	Haltemprice and Howden
tabling member printed	Mr David Davis
uin	240505
answer	answer is ministerial correction date of answer 12/04/2019 answer text <p>The Government continues to work towards leaving the EU with a deal, which will allow us to honour the referendum, while also protecting jobs and our economy. The government is committed to providing the right economic environment for businesses to invest and grow.</p><p> </p><p>Businesses will also benefit from recently announced tax measures such as the introduction of a new allowance for the construction costs of new qualifying non-residential structures and buildings, which will provide billions of pounds of additional relief for UK businesses. The Government has also increased the Annual Investment Allowance from £200,000 to £1 million for two years, significantly increasing the amount of relief businesses receive on qualifying investment in the first year.</p><p> </p><p>Additionally, our modern Industrial Strategy sets out a clear plan for how we can boost productivity throughout the UK, including increased public investment in infrastructure and R&amp;D. At Budget 2018 we increased the size of the National Productivity Investment Fund to £37 billion and since 2010 there has been £600 billion of capital investment including in roads, rail, digital and skills.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 12/04/2019 16:39:13 answering member 4320 label Biography information for Robert Jenrick
tabling member	373 label Biography information for Sir David Davis

1109368

registered interest
date	03/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	London Capital & Finance: Insolvency
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will publish the timetable for the review of London Capital and Finance following its collapse.
tabling member constituency	Canterbury
tabling member printed	Rosie Duffield
uin	240623
answer	answer is ministerial correction date of answer 08/04/2019 answer text <p>On 1 April, I announced that I will use powers under the Financial Services Act 2012 to direct the Financial Conduct Authority (FCA) to launch an investigation into the events at London Capital &amp; Finance and the circumstances surrounding them. This followed a request to me from the FCA Chair, Charles Randell, to launch such an investigation.</p><p> </p><p>The investigation will be led by an independent person appointed by the FCA, with the approval of HM Treasury. Further details of the independent investigation will be communicated in due course.</p> answering member constituency Salisbury answering member printed John Glen question first answered 08/04/2019 14:18:58 answering member 4051 label Biography information for John Glen
tabling member	4616 label Biography information for Rosie Duffield

1109411

registered interest
date	03/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Department for Transport: Public Expenditure
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether spending plans for the Department for Transport in the next Spending Review will align with environmental objectives and the Climate Change Act.
tabling member constituency	Birmingham, Hall Green
tabling member printed	Mr Roger Godsiff
uin	240489
answer	answer is ministerial correction date of answer 08/04/2019 answer text <p>We will continue to ensure that spending decisions take full account of our environmental obligations, including at the next Spending Review. Departments are expected to follow Green Book guidance when appraising proposals, and it requires them to account for any environmental impacts, including those which affect air quality, natural capital, noise, water quality, and greenhouse gas emissions.</p><p> </p><p>The Department for Transport is committed to ensuring that the transport sector plays a full part in delivering the emissions reductions required to meet our legally binding carbon budget commitments, as well as other environmental objectives.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 08/04/2019 13:48:56 answering member 4097 label Biography information for Elizabeth Truss
tabling member	304 label Biography information for Mr Roger Godsiff