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1130447
registered interest false more like this
date less than 2019-06-06more like thismore than 2019-06-06
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade more like this
hansard heading Financial Services: Foreign Investment in UK more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for International Trade, what assessment he has made of recent trends of the level of foreign direct investment into the UK FinTech industry in the (a) 2017-18 and (b) 2016-17 financial years. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie remove filter
uin 261177 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-14more like thismore than 2019-06-14
answer text <p>The information regarding FDI is not held centrally and could only be obtained at disproportionate cost.</p><p> </p><p>Last year British FinTech’s attracted more venture capital funding than any other European country once again totalling $1.73 billion across 261 deals.</p> more like this
answering member constituency Beverley and Holderness more like this
answering member printed Graham Stuart more like this
question first answered
less than 2019-06-14T13:15:37.327Zmore like thismore than 2019-06-14T13:15:37.327Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1130448
registered interest false more like this
date less than 2019-06-06more like thismore than 2019-06-06
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Financial Services: Taxation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, how much the UK FinTech industry paid the Exchequer in tax revenue in (a) 2017-18 and (b) 2016-17 financial years. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie remove filter
uin 261178 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-14more like thismore than 2019-06-14
answer text <p>HM Revenue and Customs (HMRC) publishes annual statistics relating to income tax, VAT and corporation tax by industry (including the Financial and Insurance Activities Sector). However, HMRC cannot identify receipts from the UK FinTech industry specifically.</p><p> </p><p>For other taxes, industry-level information is not available.</p><p> </p><p>For business rates, the Ministry of Housing, Communities &amp; Local Government collects data only at local authority level and is unable to provide a breakdown by industry.</p> more like this
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
question first answered
less than 2019-06-14T07:46:18.553Zmore like thismore than 2019-06-14T07:46:18.553Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1130449
registered interest false more like this
date less than 2019-06-06more like thismore than 2019-06-06
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Bank Services: Standards more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what key performance indicators his Department uses to assess the performance of Open Banking; and what recent assessment he has made of the performance of Open Banking. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie remove filter
uin 261179 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-13more like thismore than 2019-06-13
answer text <p>The independent Open Banking Implementation Entity (OBIE) is responsible for assessing the performance of Open Banking, and HM Treasury’s view is informed by their assessment.</p><p> </p><p>The OBIE’s latest published assessment of Open Banking performance, made in March 2019, shows that in that month the average availability of Open Banking APIs was 97%, the average response time was 798 milliseconds, and that 38.2 million successful API calls had been made, representing over 97% of the total number of calls made to APIs.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2019-06-13T13:36:10.54Zmore like thismore than 2019-06-13T13:36:10.54Z
answering member
4051
label Biography information for John Glen more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1130450
registered interest false more like this
date less than 2019-06-06more like thismore than 2019-06-06
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Cryptocurrencies more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent assessment the Government has made of the potential merits of cryptocurrencies as a means of payment. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie remove filter
uin 261180 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-13more like thismore than 2019-06-13
answer text The Government established the Cryptoassets Taskforce – comprised of HM Treasury, the Financial Conduct Authority and the Bank of England – in 2018 to explore the risks and potential benefits of cryptoassets and the underlying distributed ledger technology (DLT). The Taskforce’s final report<sup><sup>[1]</sup></sup> concluded that benefits associated with the use of cryptoassets may arise in the future, but that the most immediate priorities for the authorities are to mitigate the risks posed by cryptoassets to consumers and markets, and to prevent the use of cryptoassets for illicit activity. As part of this, the Government will consult on its approach to cryptoassets this year. In addition, the authorities continue to encourage the responsible development of legitimate DLT and cryptoasset-related activity in the UK.<p> </p><p>[1] Full version of the report is available at: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf</a></p>
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2019-06-13T13:40:32.78Zmore like thismore than 2019-06-13T13:40:32.78Z
answering member
4051
label Biography information for John Glen more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1130451
registered interest false more like this
date less than 2019-06-06more like thismore than 2019-06-06
answering body
Department for Environment, Food and Rural Affairs more like this
answering dept id 13 more like this
answering dept short name Environment, Food and Rural Affairs more like this
answering dept sort name Environment, Food and Rural Affairs more like this
hansard heading Agriculture: Biotechnology more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Environment, Food and Rural Affairs, whether he has made an assessment of the potential effect of cellular agriculture on reducing greenhouse gas emissions. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie remove filter
uin 261181 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-12more like thismore than 2019-06-12
answer text <p>Cellular agriculture has the potential to transform how we produce some foods. Advances in science may allow us to create traditional animal products away from traditional farm settings, from gelatine and egg whites to milk and even meat. Such methods of production also have the potential to reduce climate emissions, especially when harnessing renewable energy supplies. Whilst Defra has not yet assessed the potential of this technology on reducing greenhouse gas emissions, through the £90 million Industrial Strategy Challenge Fund Transforming Food Production challenge we will focus on innovation and research around agriculture, productivity and sustainability.</p><p>The environmental impacts of food are complex and span the whole supply chain. Defra undertakes and coordinates research across the whole food system to enhance productivity, enhance food quality, increase efficiency, and reduce waste, from primary production through to manufacturing, retail, distribution and the consumer.</p><p>The Government is committed to publishing a National Food Strategy when we leave the European Union. This will help ensure that our food system delivers healthy and affordable food for all people, and is built upon a resilient and sustainable agriculture sector which considers its climate impact.</p>
answering member constituency Scarborough and Whitby more like this
answering member printed Mr Robert Goodwill more like this
question first answered
less than 2019-06-12T15:42:30.437Zmore like thismore than 2019-06-12T15:42:30.437Z
answering member
1562
label Biography information for Sir Robert Goodwill more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1130452
registered interest false more like this
date less than 2019-06-06more like thismore than 2019-06-06
answering body
Cabinet Office more like this
answering dept id 53 more like this
answering dept short name Cabinet Office more like this
answering dept sort name Cabinet Office more like this
hansard heading Distributed Ledger Technology more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Minister for the Cabinet Office, what assessment he has made of the potential merits of using distributed ledger technology across the public sector. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie remove filter
uin 261182 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-13more like thismore than 2019-06-13
answer text <p>The Government Digital Service undertook a landscape review of technology innovation, including distributed ledger technology across government in August 2018. Additionally the recently launched Government Technology Innovation Strategy provides recent examples of distributed ledger technology within government and will provide a building block for departments to harness the opportunity presented by emerging technologies.</p> more like this
answering member constituency Hertsmere more like this
answering member printed Oliver Dowden more like this
question first answered
less than 2019-06-13T13:04:46.05Zmore like thismore than 2019-06-13T13:04:46.05Z
answering member
4441
label Biography information for Oliver Dowden more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1130540
registered interest false more like this
date less than 2019-06-06more like thismore than 2019-06-06
answering body
Department for Environment, Food and Rural Affairs more like this
answering dept id 13 more like this
answering dept short name Environment, Food and Rural Affairs more like this
answering dept sort name Environment, Food and Rural Affairs more like this
hansard heading Biodiversity more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Environment, Food and Rural Affairs, whether he has made an assessment of the contribution that green bridges make to biodiversity. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie remove filter
uin 261183 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-14more like thismore than 2019-06-14
answer text <p>Green bridges are structures designed to provide wildlife and non-motorised users with easy and safe crossing of main roads and railways.</p><p> </p><p>In 2015, Natural England published a review of the literature on green bridges. The review looked at 53 case studies from Europe and North America and found evidence that, in the majority of cases, green bridges were utilised by wildlife, although an assessment of their effectiveness in conserving wildlife populations was limited by the lack of long-term monitoring data. Guidance on the design of green bridges was also published by the Landscape Institute based on research undertaken by Natural England.</p><p> </p><p>In 2015, the Government published research which included an assessment of the A21 Scotney Caste Green Bridge, constructed by the then Highways Agency, which found that of all incidences of bats crossing the road to and from the Scotney Castle Estate, 97 per cent used the green bridge. At least five bat species were recorded foraging over the bridge which was also used by deer, badger and breeding dormice.</p><p> </p><p>The Government will keep the evidence for the effectiveness of these structures under review as new green bridges are planned and implemented.</p>
answering member constituency Suffolk Coastal more like this
answering member printed Dr Thérèse Coffey more like this
question first answered
less than 2019-06-14T11:08:13.313Zmore like thismore than 2019-06-14T11:08:13.313Z
answering member
4098
label Biography information for Dr Thérèse Coffey more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1130541
registered interest false more like this
date less than 2019-06-06more like thismore than 2019-06-06
answering body
Department for Environment, Food and Rural Affairs more like this
answering dept id 13 more like this
answering dept short name Environment, Food and Rural Affairs more like this
answering dept sort name Environment, Food and Rural Affairs more like this
hansard heading Biodiversity more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Environment, Food and Rural Affairs, which key performance indicators his Department uses to assess progress in improving the UK’s biodiversity. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie remove filter
uin 261184 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-14more like thismore than 2019-06-14
answer text <p>Domestic biodiversity policy is a devolved matter. The UK government has a range of performance indicators for England, although we do also work with the devolved administrations to compile indicators at UK scale for international reporting.</p><p> </p><p>In June 2019 the Department for Environment, Food and Rural Affairs published its <a href="https://www.gov.uk/government/publications/department-for-environment-food-and-rural-affairs-single-departmental-plan/department-for-environment-food-and-rural-affairs-single-departmental-plan-may-2018" target="_blank">Single Departmental Plan</a> which includes biodiversity performance indicators for England, including: extent of marine protected areas and condition of protected sites and priority habitat.</p><p> </p><p>In May of this year, the Government published a <a href="https://www.gov.uk/government/publications/25-year-environment-plan" target="_blank">new indicator framework</a> for the 25 Year Environment Plan, setting out a transparent, comprehensive framework that shows how the environment in England is changing and whether it is improving over time. These indicators include diversity and health of our seas, wildlife and wild places, and nature on land and water.</p><p> </p><p>To support reporting of progress across the whole of the UK, the government publishes a set of <a href="https://www.gov.uk/government/statistics/biodiversity-indicators-for-the-uk" target="_blank">UK Biodiversity Indicators,</a> updated annually. These measure long term trends in the UK’s biodiversity and progress against our international commitments under the Convention on Biological Diversity.</p>
answering member constituency Suffolk Coastal more like this
answering member printed Dr Thérèse Coffey more like this
question first answered
less than 2019-06-14T09:52:58.77Zmore like thismore than 2019-06-14T09:52:58.77Z
answering member
4098
label Biography information for Dr Thérèse Coffey more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1127076
registered interest false more like this
date less than 2019-05-16more like thismore than 2019-05-16
answering body
Department for Digital, Culture, Media and Sport more like this
answering dept id 10 more like this
answering dept short name Digital, Culture, Media and Sport more like this
answering dept sort name Digital, Culture, Media and Sport more like this
hansard heading Cybersecurity more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Digital, Culture, Media and Sport, whether he plans to update the content of the Cyber Essentials programme. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie remove filter
uin 255315 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-23more like thismore than 2019-05-23
answer text <p>An independent academic evaluation of the effectiveness of Cyber Essentials found that its security controls work well to mitigate the vast majority of Internet-based threats. These security controls are kept under continual review. The primary objective for Cyber Essentials is to help all organisations mitigate cyber security risks, especially small and medium-sized organisations. The Government continues to work to ensure Cyber Essentials has the greatest impact for the majority of the target audience and is currently developing the scheme to ensure a) the journey to certification is as simple as possible, and b) the technical controls remain fit for purpose in the ever-changing cyber threat landscape.</p><p> </p><p> </p> more like this
answering member constituency Stourbridge more like this
answering member printed Margot James more like this
grouped question UIN 254783 more like this
question first answered
less than 2019-05-23T15:57:24.81Zmore like thismore than 2019-05-23T15:57:24.81Z
answering member
4115
label Biography information for Margot James more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1126874
registered interest false more like this
date less than 2019-05-15more like thismore than 2019-05-15
answering body
Department for Digital, Culture, Media and Sport more like this
answering dept id 10 more like this
answering dept short name Digital, Culture, Media and Sport more like this
answering dept sort name Digital, Culture, Media and Sport more like this
hansard heading Cybersecurity more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Digital, Culture, Media and Sport, what assessment he has made of the effectiveness of the Cyber Essentials programme. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie remove filter
uin 254783 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-23more like thismore than 2019-05-23
answer text <p>An independent academic evaluation of the effectiveness of Cyber Essentials found that its security controls work well to mitigate the vast majority of Internet-based threats. These security controls are kept under continual review. The primary objective for Cyber Essentials is to help all organisations mitigate cyber security risks, especially small and medium-sized organisations. The Government continues to work to ensure Cyber Essentials has the greatest impact for the majority of the target audience and is currently developing the scheme to ensure a) the journey to certification is as simple as possible, and b) the technical controls remain fit for purpose in the ever-changing cyber threat landscape.</p><p> </p><p> </p> more like this
answering member constituency Stourbridge more like this
answering member printed Margot James more like this
grouped question UIN 255315 more like this
question first answered
less than 2019-05-23T15:57:24.763Zmore like thismore than 2019-05-23T15:57:24.763Z
answering member
4115
label Biography information for Margot James more like this
tabling member
1586
label Biography information for Adam Afriyie more like this