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1489171

registered interest
date	14/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Banks: Cybersecurity
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps his Department is taking to support security in the banking sector in the context of risk of Russian cyber attack; and if he will provide financial assistance to the banking sector to help maintain the integrity of its digital systems.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	36764
answer	answer is ministerial correction date of answer 18/07/2022 answer text <p>Responsibility for information technology infrastructure in the UK financial sector is primarily for the firms themselves. Financial assistance is not provided to firms to do so. However, the Financial Authorities have a role to play in supervising, coordinating and driving change to improve the sector’s operational resilience.</p><p> </p><p>HMT works together with the Bank of England, the Prudential Regulation Authority, the Financial Conduct Authority (as the UK Financial Authorities), Cabinet Office, the National Cyber Security Centre and the National Crime Agency to improve cyber resilience across the finance sector.</p><p> </p><p>The finance sector also benefits from having a dedicated team within the UK’s National Cyber Security Centre (NCSC). They work closely with the Financial Authorities and firms to help improve the sector’s resilience and provide support during incidents. This includes providing advice and consultancy to critical national infrastructure organisations to secure the confidentiality, integrity, and availability of the banking sector’s digital systems.</p><p> </p><p>While the NCSC have stated they are not aware of any current specific threats to the UK, they have published guidance on actions organisations, including those in the finance sector, can take when the cyber threat is heightened. They have also warned that the threat may remain that way for some time and advised organisations on how to maintain a heightened security posture.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 18/07/2022 13:34:09 answering member 3912 label Biography information for Richard Fuller
tabling member	4131 label Biography information for Jim Shannon

1488834

registered interest
date	13/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Treasury: Special Advisers
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether any special advisers have had their contracts with his Department terminated since 4 July 2022.
tabling member constituency	Islington South and Finsbury
tabling member printed	Emily Thornberry
uin	35903
answer	answer is ministerial correction date of answer 18/07/2022 answer text <p>HM Treasury does not employ any special advisers; all special advisers are employed by Cabinet Office.</p> answering member constituency Havant answering member printed Alan Mak question first answered 18/07/2022 11:03:05 answering member 4484 label Biography information for Alan Mak
tabling member	1536 label Biography information for Emily Thornberry

1488978

registered interest
date	13/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Horizon Europe
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has had recent discussions with the Secretary of State for Business, Energy and Industrial Strategy on replacing funds that may be lost as a result of disaffiliating from Horizon Europe.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	35941
answer	answer is ministerial correction date of answer 18/07/2022 answer text <p>The UK stands ready to formalise our association to EU programmes at the earliest opportunity. However, the EU’s delays to the UK’s association are putting long term science collaboration at risk. Supporting the UK’s research and development sector through this period of uncertainty remains our top priority.</p><p> </p><p>In order to provide reassurance, the UK Government has guaranteed funding for the first and second waves of eligible successful applicants to Horizon Europe. And if the UK is unable to associate to Horizon Europe we will put in place an ambitious alternative, including a suite of transitional measures, funded from the budget set aside for our association to these programmes.</p> answering member constituency Havant answering member printed Alan Mak question first answered 18/07/2022 11:00:18 answering member 4484 label Biography information for Alan Mak
tabling member	4124 label Biography information for Chi Onwurah

1488213

registered interest
date	12/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Foster Care: Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when the level of income-tax exemption for foster carers was last revised in respect of care allowances; and if he will make a new adjustment to take account of the rising level of foster care allowances.
tabling member constituency	Christchurch
tabling member printed	Sir Christopher Chope
uin	34801
answer	answer is ministerial correction date of answer 15/07/2022 answer text <p>Qualifying Care Relief (QCR) is a tax relief available to support foster carers, in addition to some other carers. QCR was first introduced as Foster Care Relief in 2003-04. This allowance is £10,000 per household per year, plus £250 per week per adult or child aged 11 or over (£200 for a child under 11).</p><p> </p><p>It is important to consider that the QCR operates in addition to other reliefs and allowances. Foster carers are also entitled to the Personal Allowance, which may be available to cover any foster care income above the QCR allowance. The Government has increased the Personal Allowance (PA) by over 40 per cent in real terms since 2010, ensuring some of the lowest earners do not pay income tax. The PA is the highest basic personal tax allowance of all countries in the G20, and it remains one of the most generous internationally.</p><p> </p><p>The Government keeps all aspects of the tax system under review.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 15/07/2022 13:28:27 answering member 4517 label Biography information for Lucy Frazer
tabling member	242 label Biography information for Sir Christopher Chope

1488362

registered interest
date	12/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Climate Change
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what fiscal steps he is taking to mitigate against climate change.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	34962
answer	answer is ministerial correction date of answer 15/07/2022 answer text <p>The Government is fully committed to achieving its net zero emissions targets under the Climate Change Act. The Net Zero Strategy sets out the Government’s plans to meet these targets, including on empowering the public and business to make green choices.</p><p> </p><p> </p><p>The Budget and Spending Review 2021 confirmed that since March 2021 the Government has committed a total of £30bn of domestic investment for the green industrial revolution.</p><p> </p><p>Alongside investment in green infrastructure set out in Spending Review 2021, the Government has also established the UK Infrastructure Bank with £22 billion of financial capacity to invest in infrastructure to help tackle climate change and to support regional and local economic growth across the UK.</p><p> </p><p>Following the publication of the UK’s Third Climate Change Risk Assessment earlier this year, the Government is now developing the third National Adaptation Programme, to be laid in Parliament in 2023, which will address the risks facing the UK from climate change. This work is led by the Department for Environment, Food &amp; Rural Affairs in consultation with relevant departments, including HM Treasury.</p> answering member constituency Havant answering member printed Alan Mak grouped question UIN 34964 34965 34967 question first answered 15/07/2022 11:21:59 answering member 4484 label Biography information for Alan Mak
tabling member	4471 label Biography information for Rachael Maskell

1488365

registered interest
date	12/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Climate Change: Infrastructure
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 invest in infrastructure to mitigate against climate change.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	34964
answer	answer is ministerial correction date of answer 15/07/2022 answer text <p>The Government is fully committed to achieving its net zero emissions targets under the Climate Change Act. The Net Zero Strategy sets out the Government’s plans to meet these targets, including on empowering the public and business to make green choices.</p><p> </p><p> </p><p>The Budget and Spending Review 2021 confirmed that since March 2021 the Government has committed a total of £30bn of domestic investment for the green industrial revolution.</p><p> </p><p>Alongside investment in green infrastructure set out in Spending Review 2021, the Government has also established the UK Infrastructure Bank with £22 billion of financial capacity to invest in infrastructure to help tackle climate change and to support regional and local economic growth across the UK.</p><p> </p><p>Following the publication of the UK’s Third Climate Change Risk Assessment earlier this year, the Government is now developing the third National Adaptation Programme, to be laid in Parliament in 2023, which will address the risks facing the UK from climate change. This work is led by the Department for Environment, Food &amp; Rural Affairs in consultation with relevant departments, including HM Treasury.</p> answering member constituency Havant answering member printed Alan Mak grouped question UIN 34962 34965 34967 question first answered 15/07/2022 11:21:59 answering member 4484 label Biography information for Alan Mak
tabling member	4471 label Biography information for Rachael Maskell

1488366

registered interest
date	12/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Climate Change
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will take fiscal steps to support behaviour that mitigates against climate change.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	34965
answer	answer is ministerial correction date of answer 15/07/2022 answer text <p>The Government is fully committed to achieving its net zero emissions targets under the Climate Change Act. The Net Zero Strategy sets out the Government’s plans to meet these targets, including on empowering the public and business to make green choices.</p><p> </p><p> </p><p>The Budget and Spending Review 2021 confirmed that since March 2021 the Government has committed a total of £30bn of domestic investment for the green industrial revolution.</p><p> </p><p>Alongside investment in green infrastructure set out in Spending Review 2021, the Government has also established the UK Infrastructure Bank with £22 billion of financial capacity to invest in infrastructure to help tackle climate change and to support regional and local economic growth across the UK.</p><p> </p><p>Following the publication of the UK’s Third Climate Change Risk Assessment earlier this year, the Government is now developing the third National Adaptation Programme, to be laid in Parliament in 2023, which will address the risks facing the UK from climate change. This work is led by the Department for Environment, Food &amp; Rural Affairs in consultation with relevant departments, including HM Treasury.</p> answering member constituency Havant answering member printed Alan Mak grouped question UIN 34962 34964 34967 question first answered 15/07/2022 11:21:59 answering member 4484 label Biography information for Alan Mak
tabling member	4471 label Biography information for Rachael Maskell

1488368

registered interest
date	12/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Water: Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent discussions he has had with the Secretary of State for Environment, Food and Rural Affairs on the scale of investment needed to (a) prevent drought and (b) maintain adequate irrigation.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	34967
answer	answer is ministerial correction date of answer 15/07/2022 answer text <p>The Government is fully committed to achieving its net zero emissions targets under the Climate Change Act. The Net Zero Strategy sets out the Government’s plans to meet these targets, including on empowering the public and business to make green choices.</p><p> </p><p> </p><p>The Budget and Spending Review 2021 confirmed that since March 2021 the Government has committed a total of £30bn of domestic investment for the green industrial revolution.</p><p> </p><p>Alongside investment in green infrastructure set out in Spending Review 2021, the Government has also established the UK Infrastructure Bank with £22 billion of financial capacity to invest in infrastructure to help tackle climate change and to support regional and local economic growth across the UK.</p><p> </p><p>Following the publication of the UK’s Third Climate Change Risk Assessment earlier this year, the Government is now developing the third National Adaptation Programme, to be laid in Parliament in 2023, which will address the risks facing the UK from climate change. This work is led by the Department for Environment, Food &amp; Rural Affairs in consultation with relevant departments, including HM Treasury.</p> answering member constituency Havant answering member printed Alan Mak grouped question UIN 34962 34964 34965 question first answered 15/07/2022 11:21:59 answering member 4484 label Biography information for Alan Mak
tabling member	4471 label Biography information for Rachael Maskell

1488386

registered interest
date	12/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Fuels: Excise Duties and VAT
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential merits of (a) reducing fuel duty and (b) cutting the rate of VAT on petrol and diesel.
tabling member constituency	Chippenham
tabling member printed	Michelle Donelan
uin	35005
answer	answer is ministerial correction date of answer 15/07/2022 answer text <p>The temporary 5p cut to duty on petrol and diesel represents a £2.4 billion tax cut in 2022-23, to help consumers with high fuel prices.</p><p> </p><p>VAT is a broad-based tax on consumption and the 20 per cent standard rate applies to most goods and services. It would cost over £6 billion to cut VAT on road fuel from 20% to 5%.</p><p> </p><p>The Government keeps all taxes under review.</p> answering member constituency Havant answering member printed Alan Mak grouped question UIN 34915 question first answered 15/07/2022 11:10:51 answering member 4484 label Biography information for Alan Mak
tabling member	4530 label Biography information for Michelle Donelan

1488403

registered interest
date	12/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Consumer Goods: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent steps his Department has taken to help tackle the effects of inflation on (a) consumers and (b) the price of goods.
tabling member constituency	Chippenham
tabling member printed	Michelle Donelan
uin	35014
answer	answer is ministerial correction date of answer 18/07/2022 answer text <p>The Government understands that people across the UK are worried about the rising cost of living and are seeing their disposable incomes decrease as they spend more on the essentials.</p><p> </p><p>Monetary policy is the responsibility of the independent Monetary Policy Committee (MPC) of the Bank of England. Since independence Consumer Prices Index inflation has averaged around the MPC’s 2% target.</p><p> </p><p>In May, the Government announced over £15bn of additional cost of living support, targeted at those with the greatest need. As a result, millions of vulnerable households will receive at least £1,200 of support this financial year, with the vast majority of households receiving at least £550. This package builds on the over £22bn announced previously, with government support for the cost of living now totalling over £37bn this year, equivalent to 1.5% of GDP.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 18/07/2022 13:31:49 answering member 3912 label Biography information for Richard Fuller
tabling member	4530 label Biography information for Michelle Donelan