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1461608

registered interest
date	10/05/2022
answering body	Ministry of Defence
answering dept id	11
answering dept short name	Defence
answering dept sort name	Defence
hansard heading	Defence: Procurement
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Defence, with reference to recommendation 6.37 of his Department's publication, entitled Growing the contribution of defence to UK prosperity: a report for the Secretary of State for Defence by Philip Dunne MP, published on 09 July 2018, if his Department has commissioned academic work on the treatment in procurement decisions of additional tax revenues arising from procurement spend in the UK.
tabling member constituency	North Durham
tabling member printed	Mr Kevan Jones
uin	84
answer	answer is ministerial correction date of answer 16/05/2022 answer text <p>The Ministry of Defence (MOD) has not commissioned academic work on the treatment in procurement decisions of additional tax revenues arising from procurement spend in the UK.</p><p> </p><p>Each year, the MOD awards a significant number of contracts, taking into consideration many elements to determine what is the most economically advantageous tender. However, we do not use tax revenues as an award criterion as this would be inconsistent with demonstration of value for money as set out in the HM Treasury Green Book.</p> answering member constituency Horsham answering member printed Jeremy Quin question first answered 16/05/2022 14:07:45 answering member 4507 label Biography information for Sir Jeremy Quin
tabling member	1438 label Biography information for Mr Kevan Jones

1313324

registered interest
date	11/05/2021
answering body	Ministry of Defence
answering dept id	11
answering dept short name	Defence
answering dept sort name	Defence
hansard heading	Future Combat Air System
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Defence, when he plans to begin the concept and development phase on Tempest; and if he will publish a timeframe for further progression of that aircraft.
tabling member constituency	North Durham
tabling member printed	Mr Kevan Jones
uin	84
answer	answer is ministerial correction date of answer 17/05/2021 answer text <p>The Concept &amp; Assessment phase is vital to the Future Comdat Air System Programme, as we conduct the work needed to provide evidence for the evolution of the project</p><p> </p><p>We are on track to launch the Concept and Assessment phase later this year and continue to target an Initial Operating Capability by the mid-2030s.</p><p> </p> answering member constituency Horsham answering member printed Jeremy Quin question first answered 17/05/2021 11:32:05 answering member 4507 label Biography information for Sir Jeremy Quin
tabling member	1438 label Biography information for Mr Kevan Jones

1168280

registered interest
date	19/12/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Mortgages
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will review the lending requirements for mortgages to ensure the affordability of rents and repayments in relation to the current salary multiplier requirement.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	84
answer	answer is ministerial correction date of answer 13/01/2020 answer text <p>The Financial Conduct Authority’s (FCA) ‘Mortgage Market Review’ regulations are based on the principle that mortgages should only be advanced where there is a reasonable expectation that borrowers can repay. To provide new mortgage loans, all lenders must conduct an affordability assessment which includes a robust income and expenditure analysis, and the lender must obtain evidence of that income to support this assessment. Lenders must also comply with rules set by the Financial Policy Committee (FPC) at the Bank of England, intended to manage financial stability risks from the housing market, including a limit of 15% of new lending above 4.5 Loan-to-Income (LTI), and a stress test for loans at 3% above the Standard Variable Rate.</p><p> </p><p>Both the FCA and the Bank of England keep their mortgage market regulations under review to ensure that they meet their objectives. In May 2016 the FCA conducted a review of the MMR, finding that the regulations had been implemented as desired protecting consumers without unduly restricting the availability of credit. The FCA’s Mortgages Market Study of March 2019 also found that the market is working well for consumers. The FPC most recently reviewed their housing tools in December 2019 in their Financial Stability Report, including the 4.5 LTI cap, finding that they have had a positive impact in upholding strong underwriting standards to prevent an increase in the number of highly indebted households, whilst having only a limited impact on mortgage availability.</p> answering member constituency Salisbury answering member printed John Glen question first answered 13/01/2020 14:25:40 answering member 4051 label Biography information for John Glen
tabling member	4006 label Biography information for Dr Matthew Offord

1148859

registered interest
date	14/10/2019
answering body	Scotland Office
answering dept id	2
answering dept short name	Scotland
answering dept sort name	Scotland
hansard heading	City Region Deals and Local Growth Deals: Scottish Islands
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Scotland, with reference to the Prime Minister’s announcement of 28 July 2019 on City Region and Growth deals, when an announcement will be made on the Islands Deal.
tabling member constituency	Na h-Eileanan an Iar
tabling member printed	Angus Brendan MacNeil
uin	84
answer	answer is ministerial correction date of answer 18/10/2019 answer text <p>My officials are awaiting receipt of the latest suite of proposals from the Islands partners. Once this is received, we will consider the contents and announce next steps towards agreeing an Islands Deal.</p><p><strong> </strong></p> answering member constituency Dumfries and Galloway answering member printed Mr Alister Jack question first answered 18/10/2019 13:56:10 answering member 4619 label Biography information for Mr Alister Jack
tabling member	1546 label Biography information for Angus Brendan MacNeil