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1689338

registered interest
date	16/02/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Companies: Northern Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will have discussions with his counterpart in the Department of Economy on helping to ensure that Northern Ireland is an attractive place for companies to invest in.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	14078
answer	answer is ministerial correction date of answer 26/02/2024 answer text <p>The UK Government is committed to promoting Northern Ireland as an attractive place for foreign direct investment (FDI), and we look forward to working closely with the restored Northern Ireland Executive on ensuring that Northern Ireland is an attractive place for companies to invest in.</p><p> </p><p>The Northern Ireland Investment Summit in September 2023 brought together over 100 international investors and businesses, and profiled Northern Ireland’s innovative and technological strengths. Northern Ireland has been successful in attracting FDI, particularly in financial services, and Belfast is the world’s number one city for FinTech inward investment.</p><p> </p><p>The UK Government is taking steps to improve the investment support offer to foreign investors following the Harrington Review, including making investment ambition a priority across government through the new Ministerial Investment Group, reviewing the grants landscape to make it simple and streamlined for investors, and increasing the resource available to the Office for Investment.</p> answering member constituency Grantham and Stamford answering member printed Gareth Davies question first answered 26/02/2024 09:49:14 answering member 4850 label Biography information for Gareth Davies
tabling member	4131 label Biography information for Jim Shannon

1689339

registered interest
date	16/02/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Small Businesses: Strangford
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will have discussions with local authorities in Northern Ireland on the potential merits of allocating additional funding to support SMEs in Strangford constituency.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	14079
answer	answer is ministerial correction date of answer 26/02/2024 answer text <p>The allocation of funding to support Small and Medium Enterprises (SMEs) in Northern Ireland is the responsibility of the Northern Ireland Executive. We look forward to working closely with the restored Executive on a wide range of issues, including support for businesses in Northern Ireland.</p><p> </p><p>The UK Government provides tax reliefs benefiting SMEs such as the Annual Investment Allowance and Employment Allowance, supports investment in SMEs through British Business Bank programmes, and offers the Help to Grow: Management training scheme which is delivered through business schools in Northern Ireland.</p><p> </p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 26/02/2024 10:30:06 answering member 4639 label Biography information for Bim Afolami
tabling member	4131 label Biography information for Jim Shannon

1687731

registered interest
date	06/02/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank Services: Northern Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has had discussions with the authorities in Northern Ireland on rural banking services.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	13265
answer	answer is ministerial correction date of answer 13/02/2024 answer text <p>The Treasury engages with a range of different stakeholders to discuss policy matters. We look forward to working with the restored Executive to deliver for the people of Northern Ireland.</p><p>It is imperative that banks and building societies recognise the needs of all their customers, including those who need to use in-person services.</p><p>UK customers can access banking services through a number of different channels. This includes in branches, Post Offices or Banking Hubs, as well as via telephone banking and through digital means such as mobile or online banking.</p><p>The Post Office allows personal and business customers to carry out everyday banking services at 11,500 Post Office branches across the UK. The Post Office is required by the Department for Business &amp; Trade to ensure that 95% of the total rural population across the UK is within 3 miles of their nearest Post Office.</p><p>Moreover, Banking Hubs are an initiative which enable customers of participating banks to access cash and banking services in shared facilities. Over 100 Banking Hubs have been announced so far, and the Government hopes to see these Hubs open as soon as possible across all four nations of the United Kingdom. To date, 5 Hubs have been announced in Northern Ireland, with Kilkeel already open.</p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 13/02/2024 15:03:45 answering member 4639 label Biography information for Bim Afolami
tabling member	4131 label Biography information for Jim Shannon