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1256939

registered interest
date	01/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Employment: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	What steps his Department is taking to support job retention during the covid-19 outbreak.
tabling member constituency	York Outer
tabling member printed	Julian Sturdy
uin	909608
answer	answer is ministerial correction date of answer 01/12/2020 answer text <p>The Government has taken unprecedented action to protect jobs during the pandemic, most notably through the CJRS which has seen 1.2 million employers apply to help to pay the wages of 9.6 million furloughed jobs. The CJRS has been extended until March, and the OBR have forecast this is set to support up to 6 million jobs. Employers have also received billions in loans, tax deferrals, Business Rate reliefs, and general and sector-specific grants.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 01/12/2020 16:50:35 answering member 4095 label Biography information for Steve Barclay
tabling member	4079 label Biography information for Julian Sturdy

1256940

registered interest
date	01/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Expenditure: Scotland
house id	1
legislature	25259 pref label House of Commons
question text	What level of financial support his Department has provided to Scotland in the Spending Review 2020.
tabling member constituency	Moray
tabling member printed	Douglas Ross
uin	909610
answer	answer is ministerial correction date of answer 01/12/2020 answer text <p>Spending Review 2020 is for the whole of the UK. For Scotland, SR20 confirms an additional £2.4 billion for the Scottish Government on top of its baseline for 2021-22, building on an unprecedented upfront guarantee of £8.2 billion in 2020-21 to support the Covid response; SR20 confirms several UK-wide programmes, such as for vaccines, green growth clusters, offshore wind capacity and digital infrastructure, which will benefit people and businesses in Scotland; SR20 also provides targeted support by reprofiling City and Growth Deals in Moray, Tay Cities, Borderlands and the Scottish Islands from 15 to 10 years to accelerate investment in local economic priorities.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 01/12/2020 16:51:36 answering member 4095 label Biography information for Steve Barclay
tabling member	4627 label Biography information for Douglas Ross

1256941

registered interest
date	01/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Situation: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	What assessment he has made of the effect of the Spending Review 2020 on economic recovery during the covid-19 outbreak.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	909615
answer	answer is ministerial correction date of answer 01/12/2020 answer text <p>Spending Review 2020 (SR20) prioritises funding to support the government’s response to Covid-19 and invest in the UK’s recovery across the UK.</p><p>SR20 confirms a further £38bn to tackle Covid-10 this year and provides a further £55bn for departments to respond to Covid-19 next year</p><p>SR20 also announces the next phase of our infrastructure revolution to kickstart the UK’s economic recovery with £100bn of capital investment next year.</p><p>This builds on the unprecedented level of support this government has provided to support the economy’s recovery during the Covid-19 outbreak.</p><p> </p><p> </p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 01/12/2020 16:52:28 answering member 4095 label Biography information for Steve Barclay
tabling member	4471 label Biography information for Rachael Maskell

1256942

registered interest
date	01/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Personal Income: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	What recent comparative assessment his Department has made of the effect on regional economies of the Government's covid-19 financial support package.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	909619
answer	answer is ministerial correction date of answer 01/12/2020 answer text <p>The government recognises that every region is feeling the impact of this crisis, and has taken unprecedented steps to support people and businesses across the country.</p><p> </p><p>For example, the government has helped over a million employers furlough 9.6 million employments, including 350,700 in the North East, and supported over 60 billion pounds of loans, including £1.4bn for over 40,000 businesses in the North East. Regional breakdowns are published regularly on gov.uk.</p> answering member constituency Salisbury answering member printed John Glen question first answered 01/12/2020 14:24:14 answering member 4051 label Biography information for John Glen
tabling member	4125 label Biography information for Catherine McKinnell

1256943

registered interest
date	01/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Investment: North of England
house id	1
legislature	25259 pref label House of Commons
question text	What steps his Department is taking to increase investment in the North of England as part of the Government’s levelling up agenda.
tabling member constituency	Barnsley Central
tabling member printed	Dan Jarvis
uin	909625
answer	answer is ministerial correction date of answer 01/12/2020 answer text <p>To level up opportunity across the UK, including in the North of England, at the recent Spending Review, the Chancellor made record increases to capital investment.</p><p>This included multi-year funding settlements for programmes to drive growth in the North of England, from broadband to intra-city transport settlements.</p><p>The North will also benefit from the £4bn Levelling Up Fund, to invest in local infrastructure and economic recovery, and a new UK-wide infrastructure bank headquartered in the North.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 01/12/2020 16:46:45 answering member 4597 label Biography information for Kemi Badenoch
tabling member	4243 label Biography information for Dan Jarvis

1257095

registered interest
date	01/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Recycling
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps he is taking to help ensure that the development of a circular economy through the national infrastructure strategy.
tabling member constituency	Rother Valley
tabling member printed	Alexander Stafford
uin	123736
answer	answer is ministerial correction date of answer 09/12/2020 answer text <p>I refer the Honourable Member to the answer I gave on 04/12/2020 to PQ UIN 43550.</p> answering member constituency Saffron Walden answering member printed Kemi Badenoch question first answered 09/12/2020 10:24:37 answering member 4597 label Biography information for Kemi Badenoch
tabling member	4866 label Biography information for Alexander Stafford

1257141

registered interest
date	01/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank Services: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will (a) extend financial support to those facing a recent increase in bank overdraft interest rates and (b) discourage banks from increasing their overdraft interest rates during the covid-19 outbreak.
tabling member constituency	Hampstead and Kilburn
tabling member printed	Tulip Siddiq
uin	123655
answer	answer is ministerial correction date of answer 08/12/2020 answer text <p>In 2019, following the High-cost Credit Review, the Financial Conduct Authority (FCA) introduced changes to overdraft rules. These included mandating that firms cannot charge more for unarranged overdrafts than arranged overdrafts, banning fixed daily and monthly charges, and a package of measures to improve the transparency of pricing.</p><p> </p><p>Overall, these changes will make overdrafts simpler, fairer and easier to manage. FCA analysis from January this year found that 7 out of 10 overdraft users will be better off or see no change to their overdraft costs as a result of the changes. In instances where a firm identifies that a customer has a pattern of repeat overdraft use and may see increased fees on their borrowing, the new rules require firms to develop strategies to reduce harm to customers.</p><p> </p><p>In April 2020, in response to the Covid-19 pandemic, the FCA announced a series of temporary proposals to provide emergency support in response to the Covid-19 outbreak. On overdrafts, firms were expected to provide up to £500 interest free buffer for customers. Firms were also expected to make sure customers were not paying more for their overdraft than they were before the rule changes came into force. In July 2020, the FCA extended this guidance for those customers who have been impacted by Covid-19 for a further 3 months.</p><p> </p><p>In September 2020, the FCA announced proposals to ensure that firms provide tailored support for users of consumer credit and overdraft products who continue to face payment difficulties due to Covid-19. Where a customer needs further support, firms are expected to use measures such as reducing or waiving interest, agreeing a programme of staged reductions in the overdraft limit, or supporting customers to reduce their overdraft usage by transferring the debt. If any overdraft customer requires this further support then they should speak to their provider.</p> answering member constituency Salisbury answering member printed John Glen question first answered 08/12/2020 12:23:41 answering member 4051 label Biography information for John Glen
tabling member	4518 label Biography information for Tulip Siddiq

1257148

registered interest
date	01/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Development Aid
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make it his policy that a reduction to the 0.7 per cent UK Aid commitment is time-bound to 2021; and if he will make a statement.
tabling member constituency	North East Hertfordshire
tabling member printed	Sir Oliver Heald
uin	123496
answer	answer is ministerial correction date of answer 07/12/2020 answer text <p>The Government intends to return to the 0.7% target when the fiscal situation allows. We cannot at this moment predict with certainty when the current fiscal circumstances will have sufficiently improved.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 123497 question first answered 07/12/2020 16:47:03 answering member 4095 label Biography information for Steve Barclay
tabling member	69 label Biography information for Sir Oliver Heald

1257149

registered interest
date	01/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Development Aid
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether the Government has a timetable for reinstatement of the 0.7 per cent UK aid commitment to be reinstated.
tabling member constituency	North East Hertfordshire
tabling member printed	Sir Oliver Heald
uin	123497
answer	answer is ministerial correction date of answer 07/12/2020 answer text <p>The Government intends to return to the 0.7% target when the fiscal situation allows. We cannot at this moment predict with certainty when the current fiscal circumstances will have sufficiently improved.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 123496 question first answered 07/12/2020 16:47:03 answering member 4095 label Biography information for Steve Barclay
tabling member	69 label Biography information for Sir Oliver Heald

1257158

registered interest
date	01/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank Services: British Nationals Abroad
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps he is taking to ensure that UK citizens living in (a) The Netherlands and (b) other countries in Europe are able to continue holding UK bank accounts after the conclusion of transitional arrangements for the UK leaving the EU.
tabling member constituency	Manchester, Withington
tabling member printed	Jeff Smith
uin	123633
answer	answer is ministerial correction date of answer 08/12/2020 answer text <p>The UK authorities have taken the appropriate actions to mitigate risks of disruption to cross-border financial services at the end of the Transition Period (TP), including confirming that the Temporary Permissions Regime will apply from the end of the TP. This will allow EEA firms currently providing services in the UK via a financial services ‘passport’ to continue operating after the TP while they apply for full UK authorisation.</p><p> </p><p>However, the issue of whether UK firms can service EEA-based retail customers remains a matter of local law and regulation in each country. It may also be impacted by how firms are set up and what steps they have taken to continue to service customers. We expect banks to act lawfully and in accordance with local regulators’ expectations.</p><p> </p><p>We also expect that banks work to ensure good outcomes for their customers and provide timely communications to enable them to make appropriate decisions. UK banking providers are expected to contact impacted customers if they need to make any changes to their product or the way it is provided.</p><p> </p><p>We encourage customers with questions or concerns to speak to their service provider. There is also further guidance for impacted customers on the Money Advice Service website, which can be found here: <a href="https://www.moneyadviceservice.org.uk/en/articles/brexit-banking-insurance-finance" target="_blank">https://www.moneyadviceservice.org.uk/en/articles/brexit-banking-insurance-finance</a></p> answering member constituency Salisbury answering member printed John Glen question first answered 08/12/2020 12:25:08 answering member 4051 label Biography information for John Glen
tabling member	4456 label Biography information for Jeff Smith