Banks, building societies and other financial institutions are required to provide a variety of information returns to HM Revenue and Customs (HMRC) on an accurate and timely basis. They are subject to HMRC\u2019s usual compliance processes and if the information provided is late or found to be inaccurate following a compliance check, the taxpayer may be subject to penalties.<\/p>
<\/p>
The UK\u2019s largest businesses, which includes many financial institutions, are subject to an enhanced risk review, as part of HMRC\u2019s Business Risk Review process.<\/p>
<\/p>
In addition to this, over 98% of banks and building societies are signatories to the Code of Practice on Taxation for Banks. Their commitments under the Code include complying with their tax obligations, which include providing accurate information to HMRC, as well as maintaining a transparent relationship with HMRC. If a signatory is found to be in breach of these commitments, HMRC are able to disclose this, naming the bank in their annual report on the Code.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"} } , "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"} , "answeringMemberPrinted" : {"_value" : "Jesse Norman"} , "dateOfAnswer" : {"_value" : "2021-03-17", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2021-03-17T13:52:45.847Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2021-03-09", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Financial Institutions: Disclosure of Information"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what steps his Department has taken to ensure that banks, building societies and other financial institutions report accurate financial data to HMRC; and what redress is available in the event of financial institutions\u2019 non-compliance.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4786", "label" : {"_value" : "Biography information for Zarah Sultana"} } , "tablingMemberConstituency" : {"_value" : "Coventry South"} , "tablingMemberPrinted" : [{"_value" : "Zarah Sultana"} ], "uin" : "165686"} , {"_about" : "http://data.parliament.uk/resources/1300767", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1300767/answer", "answerText" : {"_value" : "
The government is pleased to have announced the locations of 8 new English Freeports at Budget. The Ministry for Housing, Communities & Local Government will shortly publish the rationale behind the selection of these Freeport locations according to the process laid out in the Prospectus.<\/p>
<\/p>
Successful bidders will be confirmed subject to a business case review, agreement of governance arrangements,\u202fand\u202fthe fulfilment of\u202fthe appropriate\u202fauthorisations.<\/p>
<\/p>
Freeports are not deregulatory and the government will ensure that the UK\u2019s high standards with respect to workers\u2019 rights will not be compromised.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4095", "label" : {"_value" : "Biography information for Steve Barclay"} } , "answeringMemberConstituency" : {"_value" : "North East Cambridgeshire"} , "answeringMemberPrinted" : {"_value" : "Steve Barclay"} , "dateOfAnswer" : {"_value" : "2021-03-15", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "165511"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2021-03-15T10:36:57.83Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2021-03-09", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Freeports: Yorkshire and the Humber"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, whether the Humber Freeport bid included commitments to maintain existing collective bargaining agreements with trade unions organising seafarers working on merchant ships working from Hull port; and if he will place a copy of that bid in the Library.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4030", "label" : {"_value" : "Biography information for Karl Turner"} } , "tablingMemberConstituency" : {"_value" : "Kingston upon Hull East"} , "tablingMemberPrinted" : [{"_value" : "Karl Turner"} ], "uin" : "165510"} , {"_about" : "http://data.parliament.uk/resources/1300768", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1300768/answer", "answerText" : {"_value" : "
The government is pleased to have announced the locations of 8 new English Freeports at Budget. The Ministry for Housing, Communities & Local Government will shortly publish the rationale behind the selection of these Freeport locations according to the process laid out in the Prospectus.<\/p>
<\/p>
Successful bidders will be confirmed subject to a business case review, agreement of governance arrangements,\u202fand\u202fthe fulfilment of\u202fthe appropriate\u202fauthorisations.<\/p>
<\/p>
Freeports are not deregulatory and the government will ensure that the UK\u2019s high standards with respect to workers\u2019 rights will not be compromised.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4095", "label" : {"_value" : "Biography information for Steve Barclay"} } , "answeringMemberConstituency" : {"_value" : "North East Cambridgeshire"} , "answeringMemberPrinted" : {"_value" : "Steve Barclay"} , "dateOfAnswer" : {"_value" : "2021-03-15", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "165510"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2021-03-15T10:36:57.783Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2021-03-09", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Freeports"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, if he will take steps to consult trade unions on (a) employment rights and (b) governance structures before the eight Freeports announced in the Budget statement on 3 March 2021 begin operating.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4030", "label" : {"_value" : "Biography information for Karl Turner"} } , "tablingMemberConstituency" : {"_value" : "Kingston upon Hull East"} , "tablingMemberPrinted" : [{"_value" : "Karl Turner"} ], "uin" : "165511"} , {"_about" : "http://data.parliament.uk/resources/1300776", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1300776/answer", "answerText" : {"_value" : "
The Chancellor has not met with the Secretary of State for Education to discuss Freeports since the bidding process closed on the 5 February, in line with the government\u2019s commitment to the fair, open and transparent assessment process outlined in the Bidding Prospectus.<\/p>
<\/p>
Our focus has been on getting places to send us their bids and proposals, rather than second-guessing what they will do. The government will continue to work with successful bidders to help them achieve their objectives, across a variety of sectors.<\/p>
<\/strong><\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4095", "label" : {"_value" : "Biography information for Steve Barclay"}
}
, "answeringMemberConstituency" : {"_value" : "North East Cambridgeshire"}
, "answeringMemberPrinted" : {"_value" : "Steve Barclay"}
, "dateOfAnswer" : {"_value" : "2021-03-15", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2021-03-15T10:38:50.2Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2021-03-09", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Freeports: Yorkshire and the Humber"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, what discussions he has had with the Secretary of State for Education on the potential effect of the Humber Freeport on the availability of seafarer apprenticeships in (a) Hull and (b) the Humber region.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4645", "label" : {"_value" : "Biography information for Emma Hardy"}
}
, "tablingMemberConstituency" : {"_value" : "Kingston upon Hull West and Hessle"}
, "tablingMemberPrinted" : [{"_value" : "Emma Hardy"}
], "uin" : "165656"}
, {"_about" : "http://data.parliament.uk/resources/1300808", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1300808/answer", "answerText" : {"_value" : " Under the Bounce Back Loan scheme, no repayments are due from the borrower for the first 12 months of the loan, giving businesses the breathing space they need during this difficult time. In addition, the Government covers the first 12 months of interest payments charged to the business by the lender.<\/p> <\/p> In order to give businesses further support and flexibility in making their repayments, the Chancellor has announced \u201cPay as You Grow\u201d (PAYG) options. Under Pay as You Grow, following the end of the 12-month payment-free period, businesses can pause their repayments for six months \u2013 the interest in this case will accrue to the borrower, for payment later. This means that businesses can opt not to make any repayments on their Bounce Back loan for up to 18 months after they received the loan. Borrowers will also have the option to move temporarily to interest-only payments for periods of up to six months (an option which they can use up to three times), and to extend the term of their loan from six to ten years, reducing their monthly payments by almost half.<\/p> <\/p> Together, the 12-month payment holiday and interest-free period for borrowers, along with the PAYG options, form part of the Government\u2019s unprecedented support package for businesses to protect jobs - including paying wages through the furlough schemes and self-employed support payments, generous grants, tax deferrals.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"}
}
, "answeringMemberConstituency" : {"_value" : "Salisbury"}
, "answeringMemberPrinted" : {"_value" : "John Glen"}
, "dateOfAnswer" : {"_value" : "2021-03-16", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2021-03-16T09:21:16.95Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2021-03-09", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Bounce Back Loan Scheme"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, what assessment his Department had made of the potential merits of extending the zero interest period for Bounce Back Loans from 12 months to 18 months to allow for all covid-19 lockdown restrictions to have been lifted before the first businesses must begin paying interest.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4079", "label" : {"_value" : "Biography information for Julian Sturdy"}
}
, "tablingMemberConstituency" : {"_value" : "York Outer"}
, "tablingMemberPrinted" : [{"_value" : "Julian Sturdy"}
], "uin" : "165518"}
, {"_about" : "http://data.parliament.uk/resources/1300824", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1300824/answer", "answerText" : {"_value" : "The Financial Services Compensation Scheme (FSCS) seeks to recover some or all of the cost of compensation from financial firms that have failed. This benefits both the levy payers that fund the FSCS, and claimants who have been already been paid compensation by the FSCS but still have uncompensated losses. Since the start of the 2015-16 financial year, the FSCS has recovered more than £280mn from failed firms. <\/p> The Financial Conduct Authority\u2019s (FCA) Compensation Manual, which sets out the rules regarding the FSCS\u2019s duty to seek recoveries, is published and accessible to consumers on the FCA\u2019s website. The FSCS also publishes information for consumers about its approach to recoveries on its website.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"}
}
, "answeringMemberConstituency" : {"_value" : "Salisbury"}
, "answeringMemberPrinted" : {"_value" : "John Glen"}
, "dateOfAnswer" : {"_value" : "2021-03-16", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2021-03-16T09:19:31.467Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2021-03-09", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Financial Conduct Authority: Disclosure of Information"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, what plans he has to ensure that the (a) Financial Conduct Authority (FCA) and (b) Financial Services Compensation Scheme (FSCS) (i) make consumers aware of FCA Comp rule 7.4.1, (ii) do not financially disadvantage consumers by not disclosing that rule and (iii) compensate consumers in the event that they are financially disadvantaged as a result of not disclosing that rule.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/1512", "label" : {"_value" : "Biography information for David Mundell"}
}
, "tablingMemberConstituency" : {"_value" : "Dumfriesshire, Clydesdale and Tweeddale"}
, "tablingMemberPrinted" : [{"_value" : "David Mundell"}
], "uin" : "165461"}
, {"_about" : "http://data.parliament.uk/resources/1300867", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1300867/answer", "answerText" : {"_value" : " The Government announced at Budget 2021 that the Self-Employment Income Support Scheme (SEISS) will continue until September, with a fourth and a final fifth grant. The fourth SEISS grant, available to claim from late April, will be worth 80% of average trading profits, paid out in a single instalment covering three months\u2019 worth of annual profits, and capped at £7,500 in total. Further details of the fifth SEISS grant will be published in due course.<\/p> <\/p> Grants\u202fare\u202fnow\u202fbased on 2019-20 \u202ftax\u202freturns\u202fwhich is\u202fthe most up to date\u202finformation HMRC holds\u202ffor self-employed individuals.\u202fThis\u202fmeans that\u202fthe Government is\u202fnow in a position\u202fto provide\u202fsupport\u202fto hundreds of thousands of newly eligible self-employed individuals.<\/p> Using these returns\u202frequires time to\u202fdeliver, due to the increased population and new data. Guidance\u202fon how\u202fto claim the fourth grant\u202fwill be\u202favailable in\u202fdue course.<\/p> <\/p> The SEISS\u202fand the Coronavirus Job Retention Scheme (CJRS) are very\u202fdifferent schemes. The CJRS pays for hours which are not worked, while SEISS\u202fclaimants can work while claiming. Furthermore, as the Chancellor announced, employers will be required to contribute\u202fto CJRS payments as the economy reopens.\u202f The SEISS is not intended to provide a month-by-month replacement of income. Due to the volatility of self-employed income and the lack of granular data that HMRC hold on self-employed trading profits, precise mapping of income replacement month by month is not possible. Instead, the SEISS provides a lump sum payment to support eligible self-employed individuals whose businesses have been affected by coronavirus.<\/p> <\/p> The SEISS is just one part of a wider package of support for the self-employed. The temporary £20 per week increase to the Universal Credit standard allowance has been extended for six months, and the suspension of the Minimum Income Floor for three months, to the end of July 2021, so that where self-employed claimants' earnings have fallen significantly, their Universal Credit award will have increased to reflect their lower earnings. In addition, they may also have access to other elements of the package, including Restart Grants, the Recovery Loan scheme, business rates relief, and other business support schemes.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"}
}
, "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"}
, "answeringMemberPrinted" : {"_value" : "Jesse Norman"}
, "dateOfAnswer" : {"_value" : "2021-03-17", "_datatype" : "dateTime"}
, "groupedQuestionUIN" : {"_value" : "165489"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2021-03-17T13:42:45.487Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2021-03-09", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Self-employment Income Support Scheme"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, for what reasons businesses eligible for the fifth self-employed grant announced in Budget 2021 will be eligible to claim the equivalent of 80 per cent of three months average trading profits capped at £7,500 when the grant period covers five months from May to September; and what plans he has to help meet lost income for the remaining two months.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/3930", "label" : {"_value" : "Biography information for Caroline Lucas"}
}
, "tablingMemberConstituency" : {"_value" : "Brighton, Pavilion"}
, "tablingMemberPrinted" : [{"_value" : "Caroline Lucas"}
], "uin" : "165488"}
, {"_about" : "http://data.parliament.uk/resources/1300868", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1300868/answer", "answerText" : {"_value" : " The Government announced at Budget 2021 that the Self-Employment Income Support Scheme (SEISS) will continue until September, with a fourth and a final fifth grant. The fourth SEISS grant, available to claim from late April, will be worth 80% of average trading profits, paid out in a single instalment covering three months\u2019 worth of annual profits, and capped at £7,500 in total. Further details of the fifth SEISS grant will be published in due course.<\/p> <\/p> Grants\u202fare\u202fnow\u202fbased on 2019-20 \u202ftax\u202freturns\u202fwhich is\u202fthe most up to date\u202finformation HMRC holds\u202ffor self-employed individuals.\u202fThis\u202fmeans that\u202fthe Government is\u202fnow in a position\u202fto provide\u202fsupport\u202fto hundreds of thousands of newly eligible self-employed individuals.<\/p> Using these returns\u202frequires time to\u202fdeliver, due to the increased population and new data. Guidance\u202fon how\u202fto claim the fourth grant\u202fwill be\u202favailable in\u202fdue course.<\/p> <\/p> The SEISS\u202fand the Coronavirus Job Retention Scheme (CJRS) are very\u202fdifferent schemes. The CJRS pays for hours which are not worked, while SEISS\u202fclaimants can work while claiming. Furthermore, as the Chancellor announced, employers will be required to contribute\u202fto CJRS payments as the economy reopens.\u202f The SEISS is not intended to provide a month-by-month replacement of income. Due to the volatility of self-employed income and the lack of granular data that HMRC hold on self-employed trading profits, precise mapping of income replacement month by month is not possible. Instead, the SEISS provides a lump sum payment to support eligible self-employed individuals whose businesses have been affected by coronavirus.<\/p> <\/p> The SEISS is just one part of a wider package of support for the self-employed. The temporary £20 per week increase to the Universal Credit standard allowance has been extended for six months, and the suspension of the Minimum Income Floor for three months, to the end of July 2021, so that where self-employed claimants' earnings have fallen significantly, their Universal Credit award will have increased to reflect their lower earnings. In addition, they may also have access to other elements of the package, including Restart Grants, the Recovery Loan scheme, business rates relief, and other business support schemes.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"}
}
, "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"}
, "answeringMemberPrinted" : {"_value" : "Jesse Norman"}
, "dateOfAnswer" : {"_value" : "2021-03-17", "_datatype" : "dateTime"}
, "groupedQuestionUIN" : {"_value" : "165488"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2021-03-17T13:42:45.547Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2021-03-09", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Self-employment Income Support Scheme"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, what steps the Government is taking to provide financial support for people potentially eligible for the Self-Employed Income Support Scheme (SEISS) prior to being able to make a claim to either the fourth or fifth SEISS grants; and for what reasons that scheme does not deliver parity with the Coronavirus Job Retention Scheme with regard to the payment schedule.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/3930", "label" : {"_value" : "Biography information for Caroline Lucas"}
}
, "tablingMemberConstituency" : {"_value" : "Brighton, Pavilion"}
, "tablingMemberPrinted" : [{"_value" : "Caroline Lucas"}
], "uin" : "165489"}
, {"_about" : "http://data.parliament.uk/resources/1300885", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1300885/answer", "answerText" : {"_value" : " Our focus has been on getting places to send us their bids and proposals, rather than second-guessing what they will do. The modelling we have done to support that process remains sensitive at this point and liable to change significantly now the locations have been announced.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4095", "label" : {"_value" : "Biography information for Steve Barclay"}
}
, "answeringMemberConstituency" : {"_value" : "North East Cambridgeshire"}
, "answeringMemberPrinted" : {"_value" : "Steve Barclay"}
, "dateOfAnswer" : {"_value" : "2021-03-15", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2021-03-15T14:48:06.403Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2021-03-09", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Freeports: Employment"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, if he will publish the estimates that his Department uses for the number of new jobs that will be created in each year to 2025 at each of the freeport locations announced in Budget 2021.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/3973", "label" : {"_value" : "Biography information for Grahame Morris"}
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, "tablingMemberConstituency" : {"_value" : "Easington"}
, "tablingMemberPrinted" : [{"_value" : "Grahame Morris"}
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, {"_about" : "http://data.parliament.uk/resources/1300937", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1300937/answer", "answerText" : {"_value" : " Following the nationalisation of Bradford & Bingley (B&B) in 2008, the then government made the Bradford & Bingley plc Compensation Scheme Order, which provided that former shareholders should receive compensation in line with their value immediately before the government stepped in.<\/p> <\/p> On 5 July 2010, Peter Clokey published his independent valuation establishing that the shares of B&B had no value at the time of nationalisation, and shareholders would have received nothing had the bank been allowed to fail. No compensation was therefore found to be payable to former shareholders.<\/p> <\/p> This has been tested in the Courts and the government considers the matter closed.<\/p> <\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"}
}
, "answeringMemberConstituency" : {"_value" : "Salisbury"}
, "answeringMemberPrinted" : {"_value" : "John Glen"}
, "dateOfAnswer" : {"_value" : "2021-03-17", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2021-03-17T16:26:37.877Z", "_datatype" : "dateTime"}
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, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2021-03-09", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Bradford and Bingley: Investment"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
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], "questionText" : "To ask the Chancellor of the Exchequer, pursuant to the answer of 9 March 2021 of Question 160588 on Bradford & Bingley: Investment, if he will ensure Bradford & Bingley shareholders at the time it was taken into public hands receive a share of the profits that have been generated to the public purse by Bradford & Bingley since it was taken into public ownership.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/1565", "label" : {"_value" : "Biography information for Sir Philip Davies"}
}
, "tablingMemberConstituency" : {"_value" : "Shipley"}
, "tablingMemberPrinted" : [{"_value" : "Philip Davies"}
], "uin" : "165482"}
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