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1148736

registered interest
date	14/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Works Loan Board
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what discussions he had with representatives of the Local Government Association before the announcement of 9 October 2019 of a 1 per cent increase in the interest rate on new loans from the Public Works Loan Board.
tabling member constituency	Denton and Reddish
tabling member printed	Andrew Gwynne
uin	76
answer	answer is ministerial correction date of answer 17/10/2019 answer text <p>The Government engages sector representatives in policy development where possible. It was not possible to do that in this case because the change was market sensitive. The Local Government Association was notified of the decision after markets closed on 8 October 2019.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 77 question first answered 17/10/2019 13:17:15 answering member 4051 label Biography information for John Glen
tabling member	1506 label Biography information for Andrew Gwynne

1148737

registered interest
date	14/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Works Loan Board
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what discussions he had with representatives of local government before the announcement of 9 October 2019 of a 1 per cent increase in the interest rate on new loans from the Public Works Loan Board.
tabling member constituency	Denton and Reddish
tabling member printed	Andrew Gwynne
uin	77
answer	answer is ministerial correction date of answer 17/10/2019 answer text <p>The Government engages sector representatives in policy development where possible. It was not possible to do that in this case because the change was market sensitive. The Local Government Association was notified of the decision after markets closed on 8 October 2019.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 76 question first answered 17/10/2019 13:17:15 answering member 4051 label Biography information for John Glen
tabling member	1506 label Biography information for Andrew Gwynne

1148738

registered interest
date	14/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Works Loan Board
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect the one per cent increase in the interest rate on new loans from the Public Works Loan Board will have on local authorities’ capital investment plans.
tabling member constituency	Denton and Reddish
tabling member printed	Andrew Gwynne
uin	78
answer	answer is ministerial correction date of answer 17/10/2019 answer text <p>In raising interest rates for new loans from the Public Works Loan Board, the Treasury assessed the potential impact on local government capital plans. This increase returned Public Works Loan Board rates to levels that were available in 2018.</p><p> </p>The Government will continue to work with individual authorities on a case-by-case basis if they raise concerns over their finance position. answering member constituency Salisbury answering member printed John Glen question first answered 17/10/2019 13:14:27 answering member 4051 label Biography information for John Glen
tabling member	1506 label Biography information for Andrew Gwynne

1148777

registered interest
date	14/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Electric Vehicles: VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans he has to stimulate demand for commercial electric vehicles by reducing VAT for those vehicles.
tabling member constituency	Stevenage
tabling member printed	Stephen McPartland
uin	171
answer	answer is ministerial correction date of answer 17/10/2019 answer text <p>The Government has set an ambitious, legally binding target to reach net-zero greenhouse gas emissions from the UK by 2050.</p><p> </p><p>Although there are no plans at present to reduce the VAT charge on electric vehicles, the Government keeps all taxes under review and assesses them against a range of fiscal and environmental considerations. The Government already makes available an incentive for the public to purchase electric vehicles over conventional vehicles: the Plug-in Car Grant (PiCG) provides grants of up to £3,500 for the purchase of a new battery electric vehicle. PiCG was launched in 2011 and has supported the purchase of around 170,000 Ultra Low Emission Vehicles.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 17/10/2019 14:12:54 answering member 3991 label Biography information for Jesse Norman
tabling member	4093 label Biography information for Stephen McPartland

1148802

registered interest
date	14/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to the Answer of 7 October 2019 to Question 292791 and the article published in the Times on 10 August 2019 entitled Bailout fund to prop up businesses after Brexit, what assessment his Department has made of which businesses are at high risk of collapse in the event that the UK leaves the EU without a deal; and what funding has been allocated to supporting those businesses.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	15
answer	answer is ministerial correction date of answer 17/10/2019 answer text <p>HM Treasury continue to monitor and work closely with businesses across the country to help ensure they are fully prepared for when the UK leaves the EU.</p><p> </p><p>The government has already made £6.3 billion available to prepare for EU Exit. From this we have created £108m of funding for Brexit Business Preparedness – which is being allocated across government to ensure businesses are suitably prepared for EU exit.</p><p> </p><p>In the event of no deal, the government would act quickly to outline our approach and take early action to support the economy, businesses and households. This would be followed by a Budget in the weeks thereafter.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 17/10/2019 15:48:14 answering member 4483 label Biography information for Rishi Sunak
tabling member	151 label Biography information for Tom Brake

1148814

registered interest
date	14/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Equipment: Customs
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what (a) quantity and (b) value of business equipment will require an ATA Carnet for the (i) financial, (ii) musical, (iii) entertainment, (iv) professional services, (v) manufacturing and (vi) sporting sectors after the UK leaves the EU.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	17
answer	answer is ministerial correction date of answer 17/10/2019 answer text <p>In the event of the UK exiting the EU without a deal, the UK will become a single customs territory and use of an ATA Carnet will be an option for moving goods, such as exhibition stands and musical instruments, temporarily between the UK-EU.</p><p> </p><p>However, ATA Carnets are just one option when moving goods temporarily between customs territories. Their use is a commercial decision and should be considered alongside temporary admission / Returned Goods Relief procedures.</p><p> </p><p>For this reason it is not possible to give an accurate answer to this question.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 17/10/2019 14:50:51 answering member 3991 label Biography information for Jesse Norman
tabling member	151 label Biography information for Tom Brake