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1699056

registered interest
date	26/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Capital Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the return on investment criteria are for prioritising proposals in the next Spending Review.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	20663
answer	answer is ministerial correction date of answer 15/04/2024 answer text <p>At the Spring Budget, the Chancellor announced that the Treasury will put in place a robust and comprehensive strategy for improving public sector productivity at the next Spending Review, putting these improvements at the heart of departmental settlements.</p><p> </p><p>As the Chancellor set out, building on work to date and the £4.2 billion of funding announced at the Budget, relevant departments will develop detailed productivity plans over the coming months ahead of the next Spending Review.</p><p> </p><p>Further decisions will be taken at the Spending Review.</p> answering member constituency Sevenoaks answering member printed Laura Trott question first answered 15/04/2024 08:37:24 answering member 4780 label Biography information for Laura Trott
tabling member	4397 label Biography information for Peter Dowd

1543669

registered interest
date	18/11/2022
answering body	Department for Levelling Up, Housing and Communities
answering dept id	211
answering dept short name	Levelling Up, Housing and Communities
answering dept sort name	Levelling Up, Housing and Communities
hansard heading	Capital Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Levelling Up, Housing and Communities, with reference to paragraph 5.70 in the Autumn Statement, CP751, published on 17 November 2022, with which local stakeholders will the government be working.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	90800
answer	answer is ministerial correction date of answer 23/11/2022 answer text <p>The Department for Levelling Up, Housing and Communities will work closely with mayors, devolved administrations, local authorities, businesses and other local partners as appropriate to consider how best to identify and support these clusters.</p> answering member constituency North East Derbyshire answering member printed Lee Rowley question first answered 23/11/2022 12:40:42 answering member 4652 label Biography information for Lee Rowley
tabling member	4124 label Biography information for Chi Onwurah

1538274

registered interest
date	01/11/2022
answering body	Department for Levelling Up, Housing and Communities
answering dept id	211
answering dept short name	Levelling Up, Housing and Communities
answering dept sort name	Levelling Up, Housing and Communities
hansard heading	Capital Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Levelling Up, Housing and Communities, if he will make an assessment of the need for Investment and Enterprise zones with (a) generous tax reductions and (b) easy access to planning permissions for accelerated development.
tabling member constituency	Wokingham
tabling member printed	John Redwood
uin	75746
answer	answer is ministerial correction date of answer 16/11/2022 answer text <p>The Prime Minister and his Cabinet are reviewing all policies, including Investment Zones, to ensure that we deliver on the 2019 Manifesto. Policy announcements will be made in the usual way. More broadly, the Department takes a range of factors into account as part of policy development.</p> answering member constituency North East Derbyshire answering member printed Lee Rowley question first answered 16/11/2022 10:32:31 answering member 4652 label Biography information for Lee Rowley
tabling member	14 label Biography information for Sir John Redwood

1387862

registered interest
date	14/12/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Capital Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to the Charter for Budget Responsibility: autumn 2021 update, if he will publish calculations made when setting the 3 per cent cap on capital investment set out in that update, announced in the Autumn Budget and Spending Review 2021.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	92863
answer	answer is ministerial correction date of answer 17/12/2021 answer text <p>Over the medium term, the new fiscal framework ensures that government borrowing will only be used to fund investment. To ensure that our investment in capital is consistent with plans for debt to fall over the medium term, the framework includes a supplementary target for Public Sector Net Investment (PSNI) to not exceed 3% of GDP a year on average over the rolling forecast period. This will allow the Government to deliver on its ambitious plans for investment over this Parliament, with the highest sustained levels of PSNI as a proportion of GDP since the late 1970s.</p><p> </p><p>Investment to support the transition to net zero is a major part of the Government’s plans. The Net Zero Strategy confirmed £26bn of public capital investment since the Ten Point Plan. The Autumn Budget and Spending Review 2021 confirmed that since March 2021, the Government will have committed a total of £30bn of investment for the green industrial revolution in the UK.</p><p> </p><p>Public spending is not the only policy lever available to support the transition to net zero. Our balanced package, with appropriate carbon pricing and regulatory levers among others, will support 440,000 jobs by 2030, and leverage up to £90bn of private investment by 2030. <em>This investment will keep the UK on track to meet its carbon budgets and Nationally Determined Contribution, and reach net zero by 2050.</em></p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke grouped question UIN 92862 question first answered 17/12/2021 14:52:23 answering member 4655 label Biography information for Sir Simon Clarke
tabling member	3930 label Biography information for Caroline Lucas

1174437

registered interest
date	29/01/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Capital Investment
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of reports that International Monetary Fund data shows that the UK is placed 27th out of 28 EU countries for investment as a proportion of GDP between 2000 and 2019.
tabling member printed	Lord Birt
uin	HL897
answer	answer is ministerial correction date of answer 11/02/2020 answer text <p>We recognise that in recent years the UK has seen relatively low levels of investment. This Government has committed to increase investment through improving infrastructure. The National Infrastructure Strategy, to be published alongside the Budget, will set out further details of the Government’s plan to transform the UK’s infrastructure and the Government’s long-term ambitions across transport, local growth, decarbonisation, digital infrastructure, infrastructure finance and delivery.</p><p> </p><p>The UK corporate tax regime is highly competitive, with the lowest rate of corporation tax in the G20. Beyond this, businesses are benefitting from enhanced tax incentives, including the recent introduction of the Structures and Buildings Allowance (SBA), and a temporary increase in the Annual Investment Allowance to £1 million.</p> answering member printed The Earl of Courtown question first answered 11/02/2020 12:41:19 answering member 3359 label Biography information for The Earl of Courtown
tabling member	2533 label Biography information for Lord Birt

1051287

registered interest
date	30/01/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Capital Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 29 January 2019 to Question 210499 on Capital Investment, if he will itemise the amount of money allocated by central government for each capital project it has either fully or partially funded in (a) 2017, (b) 2018 and (c) 2019.
tabling member constituency	Wrexham
tabling member printed	Ian C. Lucas
uin	214522
answer	answer is ministerial correction date of answer 06/02/2019 answer text <p>As previously set out, HM Treasury and IPA do not centrally hold a complete set of funding allocations and cost data for individual capital projects, whether funded by central government or by the Devolved Administrations, or jointly. By the same token, HM Treasury and IPA do not have data on what proportion of funding for projects in the Devolved Administrations comes from central government and DAs’ own capital budgets. However, HM Treasury and IPA do publish <em>aggregate</em> capital spending allocations for departments and the Devolved Administrations, as well as more granular detail on infrastructure investment, for example in the recent <em>Interim Response to the National Infrastructure Assessment</em> at Budget 2018 and the <em>National Infrastructure and Construction Pipeline</em> in November 2018.</p><p> </p><p>Aggregate capital spending allocations to departments and the Devolved Administrations in past years are published in <em>Public Expenditure Statistical Analyses 2018</em> (p.26). Further regional breakdowns of capital spending by economic category, including for the Devolved Administrations, are published in Chapter 9 of the same document.</p><p> </p><p>Aggregate capital spending allocations for future years to 2020-21 are published in the <em>Budget 2018</em> document (p.23). The Government will set capital budgets beyond 2020-21 at the Spending Review. The Government will also publish further, more detailed information on infrastructure in the full response to the National Infrastructure Assessment later this year.</p><p> </p><p> </p><p> </p><p><strong> </strong></p> answering member constituency South West Norfolk answering member printed Elizabeth Truss grouped question UIN 213975 214523 214524 question first answered 06/02/2019 13:49:57 answering member 4097 label Biography information for Elizabeth Truss
tabling member	1470 label Biography information for Ian C. Lucas

1051298

registered interest
date	30/01/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Capital Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 29 January 2019 to Question 210499 on Capital Investment, with reference to capital projects part funded by central government in (a) Northern Ireland, (b) Wales and (c) Scotland in (i) 2017, (ii) 2018 and (iii) 2019, how much and what proportion of the total funding for such projects was from central government.
tabling member constituency	Wrexham
tabling member printed	Ian C. Lucas
uin	214523
answer	answer is ministerial correction date of answer 06/02/2019 answer text <p>As previously set out, HM Treasury and IPA do not centrally hold a complete set of funding allocations and cost data for individual capital projects, whether funded by central government or by the Devolved Administrations, or jointly. By the same token, HM Treasury and IPA do not have data on what proportion of funding for projects in the Devolved Administrations comes from central government and DAs’ own capital budgets. However, HM Treasury and IPA do publish <em>aggregate</em> capital spending allocations for departments and the Devolved Administrations, as well as more granular detail on infrastructure investment, for example in the recent <em>Interim Response to the National Infrastructure Assessment</em> at Budget 2018 and the <em>National Infrastructure and Construction Pipeline</em> in November 2018.</p><p> </p><p>Aggregate capital spending allocations to departments and the Devolved Administrations in past years are published in <em>Public Expenditure Statistical Analyses 2018</em> (p.26). Further regional breakdowns of capital spending by economic category, including for the Devolved Administrations, are published in Chapter 9 of the same document.</p><p> </p><p>Aggregate capital spending allocations for future years to 2020-21 are published in the <em>Budget 2018</em> document (p.23). The Government will set capital budgets beyond 2020-21 at the Spending Review. The Government will also publish further, more detailed information on infrastructure in the full response to the National Infrastructure Assessment later this year.</p><p> </p><p> </p><p> </p><p><strong> </strong></p> answering member constituency South West Norfolk answering member printed Elizabeth Truss grouped question UIN 213975 214522 214524 question first answered 06/02/2019 13:49:57 answering member 4097 label Biography information for Elizabeth Truss
tabling member	1470 label Biography information for Ian C. Lucas

1051300

registered interest
date	30/01/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Capital Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 29 January 2019 to Question 210499 on Capital Investment, if he will itemise the total cost for each capital project in (a) 2017, (b) 2018 and (c) 2019 whether fully or partially funded by central government.
tabling member constituency	Wrexham
tabling member printed	Ian C. Lucas
uin	214524
answer	answer is ministerial correction date of answer 06/02/2019 answer text <p>As previously set out, HM Treasury and IPA do not centrally hold a complete set of funding allocations and cost data for individual capital projects, whether funded by central government or by the Devolved Administrations, or jointly. By the same token, HM Treasury and IPA do not have data on what proportion of funding for projects in the Devolved Administrations comes from central government and DAs’ own capital budgets. However, HM Treasury and IPA do publish <em>aggregate</em> capital spending allocations for departments and the Devolved Administrations, as well as more granular detail on infrastructure investment, for example in the recent <em>Interim Response to the National Infrastructure Assessment</em> at Budget 2018 and the <em>National Infrastructure and Construction Pipeline</em> in November 2018.</p><p> </p><p>Aggregate capital spending allocations to departments and the Devolved Administrations in past years are published in <em>Public Expenditure Statistical Analyses 2018</em> (p.26). Further regional breakdowns of capital spending by economic category, including for the Devolved Administrations, are published in Chapter 9 of the same document.</p><p> </p><p>Aggregate capital spending allocations for future years to 2020-21 are published in the <em>Budget 2018</em> document (p.23). The Government will set capital budgets beyond 2020-21 at the Spending Review. The Government will also publish further, more detailed information on infrastructure in the full response to the National Infrastructure Assessment later this year.</p><p> </p><p> </p><p> </p><p><strong> </strong></p> answering member constituency South West Norfolk answering member printed Elizabeth Truss grouped question UIN 213975 214522 214523 question first answered 06/02/2019 13:49:57 answering member 4097 label Biography information for Elizabeth Truss
tabling member	1470 label Biography information for Ian C. Lucas

1050596

registered interest
date	29/01/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Capital Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to Answer of 29 January to Question 210499 on Capital Investment, if he will publish the amount of funding allocated by (a) central government for each capital project, (b) each devolved administration for each capital project either fully or partially funded in (i) 2017, (ii) 2018 and (iii) 2019; and what the total cost to the public purse was for each such project in each of those years.
tabling member constituency	Wrexham
tabling member printed	Ian C. Lucas
uin	213975
answer	answer is ministerial correction date of answer 06/02/2019 answer text <p>As previously set out, HM Treasury and IPA do not centrally hold a complete set of funding allocations and cost data for individual capital projects, whether funded by central government or by the Devolved Administrations, or jointly. By the same token, HM Treasury and IPA do not have data on what proportion of funding for projects in the Devolved Administrations comes from central government and DAs’ own capital budgets. However, HM Treasury and IPA do publish <em>aggregate</em> capital spending allocations for departments and the Devolved Administrations, as well as more granular detail on infrastructure investment, for example in the recent <em>Interim Response to the National Infrastructure Assessment</em> at Budget 2018 and the <em>National Infrastructure and Construction Pipeline</em> in November 2018.</p><p> </p><p>Aggregate capital spending allocations to departments and the Devolved Administrations in past years are published in <em>Public Expenditure Statistical Analyses 2018</em> (p.26). Further regional breakdowns of capital spending by economic category, including for the Devolved Administrations, are published in Chapter 9 of the same document.</p><p> </p><p>Aggregate capital spending allocations for future years to 2020-21 are published in the <em>Budget 2018</em> document (p.23). The Government will set capital budgets beyond 2020-21 at the Spending Review. The Government will also publish further, more detailed information on infrastructure in the full response to the National Infrastructure Assessment later this year.</p><p> </p><p> </p><p> </p><p><strong> </strong></p> answering member constituency South West Norfolk answering member printed Elizabeth Truss grouped question UIN 214522 214523 214524 question first answered 06/02/2019 13:49:57 answering member 4097 label Biography information for Elizabeth Truss
tabling member	1470 label Biography information for Ian C. Lucas

1045496

registered interest
date	21/01/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Capital Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many individual capital projects were awarded to (a) Northern Ireland, (b) Wales and (c) Scotland in (i) 2017, (ii) 2018 and (iii) 2019 to date by the Government; and what was the value of those projects.
tabling member constituency	Wrexham
tabling member printed	Ian C. Lucas
uin	210499
answer	answer is ministerial correction date of answer 29/01/2019 answer text <p>HM Treasury does not centrally hold information on all individual capital projects approved in (a) Northern Ireland, (b) Wales and (c) Scotland.</p><p> </p><p>Capital projects in the Devolved Administrations are not funded through a single mechanism, nor is there a single decision-making body. In devolved policy areas funding comes from either i) central government, as in the case of the Belfast City Regional Deal at Autumn Budget 2018; or ii) from Devolved Administrations’ own capital budgets, which are set per the Barnett formula. Projects in reserved policy areas, such as Defence, are funded through central government. Because there is no central funding source or decision-making body, we do not hold a complete record of individual capital projects approved in (a) Northern Ireland, (b) Wales and (c) Scotland in (i) 2017, (ii) 2018 and (iii) 2019.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 29/01/2019 13:07:11 answering member 4097 label Biography information for Elizabeth Truss
tabling member	1470 label Biography information for Ian C. Lucas