{ "format" : "linked-data-api", "version" : "0.2", "result" : {"_about" : "http://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Stephen+Farry&answeringDeptId=14&answer.answeringMemberPrinted=John+Glen&max-answer.dateOfAnswer=2023-10-19", "definition" : "http://eldaddp.azurewebsites.net/meta/answeredquestions.text?tablingMember.label=Biography+information+for+Stephen+Farry&answeringDeptId=14&answer.answeringMemberPrinted=John+Glen&max-answer.dateOfAnswer=2023-10-19", "extendedMetadataVersion" : "http://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Stephen+Farry&answeringDeptId=14&_metadata=all&answer.answeringMemberPrinted=John+Glen&max-answer.dateOfAnswer=2023-10-19", "first" : "http://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Stephen+Farry&_page=0&answeringDeptId=14&answer.answeringMemberPrinted=John+Glen&max-answer.dateOfAnswer=2023-10-19", "hasPart" : "http://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Stephen+Farry&answeringDeptId=14&answer.answeringMemberPrinted=John+Glen&max-answer.dateOfAnswer=2023-10-19", "isPartOf" : "http://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Stephen+Farry&answeringDeptId=14&answer.answeringMemberPrinted=John+Glen&max-answer.dateOfAnswer=2023-10-19", "items" : [{"_about" : "http://data.parliament.uk/resources/1663642", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1663642/answer", "answerText" : {"_value" : "

At Spending Review 2021, funding was allocated for the Social Housing Decarbonisation Fund to the former Department for Business, Energy and Industrial Strategy and the Barnett formula was applied.<\/p>

<\/p>

At spending reviews, the Barnett formula is applied to changes in each UK government department\u2019s DEL budget with\u202fthe Barnett consequentials that arise then added to the devolved administrations\u2019 baseline block grants. Because the Barnett formula is not applied to changes in funding for all the individual programmes within a UK government department\u2019s DEL budget, the Barnett consequentials associated with these individual programmes, such as the Social Housing Decarbonisation Fund, cannot be identified.<\/p>

<\/p>

At Autumn Statement 2022, the Chancellor announced £6 billion of funding to go towards energy efficiency policies in the next Spending Review period.<\/p>

<\/p>

All decisions on devolved administration funding beyond the current Spending Review period will be taken at future Spending Reviews.<\/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" : "2023-10-18", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-10-18T08:40:16.027Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-10-13", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Social Housing Decarbonisation Fund: Northern Ireland"} , "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 the allocation to Northern Ireland will be from Wave 3 of the Social Housing Decarbonisation Fund.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4856", "label" : {"_value" : "Biography information for Stephen Farry"} } , "tablingMemberConstituency" : {"_value" : "North Down"} , "tablingMemberPrinted" : [{"_value" : "Stephen Farry"} ], "uin" : "201496"} , {"_about" : "http://data.parliament.uk/resources/1664213", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1664213/answer", "answerText" : {"_value" : "

Funding for the HS2 programme has been provided to the Department for Transport\u2019s (DfT). The Barnett formula has applied changes to the DfT\u2019s budget to date due to funding for the HS2 programme, and the Northern Ireland Executive has received Barnett consequentials as a result.<\/p>

<\/p>

At spending reviews, the Barnett formula is applied to changes in each UK Government department\u2019s DEL budget with\u202fthe Barnett consequentials that arise then added to the devolved administrations\u2019 baseline block grants.\u202fAs the Barnett formula is not applied to changes in funding for all the individual programmes within a UK Government department\u2019s DEL budget, the Barnett consequentials associated with these individual programmes, such as HS2, cannot be identified.<\/p>

<\/p>

The Barnett formula will continue to apply to future changes to the DfT budget from funding for the HS2 programme.<\/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" : "2023-10-18", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-10-18T14:13:20.717Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-10-13", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Public Expenditure: Northern Ireland"} , "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 he has made of the impact of changes to the HS2 scheme on Barnett funding for Northern Ireland.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4856", "label" : {"_value" : "Biography information for Stephen Farry"} } , "tablingMemberConstituency" : {"_value" : "North Down"} , "tablingMemberPrinted" : [{"_value" : "Stephen Farry"} ], "uin" : "202066"} , {"_about" : "http://data.parliament.uk/resources/1639856", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1639856/answer", "answerText" : {"_value" : "

The Night Shelter Transformation Fund is being funded from within existing Department for Levelling Up, Housing and Communities budgets. The Northern Ireland Executive have already received funding through the Barnett formula in relation to existing Department for Levelling Up, Housing and Communities budgets.<\/p>

<\/p>

A full breakdown of Barnett-based funding provided to the Northern Ireland Executive is published in Block Grant Transparency, which is due to be updated shortly.<\/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" : "2023-05-26", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-05-26T12:12:57.773Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-05-23", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Night Shelter Transformation Fund: Northern Ireland"} , "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 his Department has made an assessment of whether there will be a Barnett consequential for Northern Ireland in respect of the Night Shelter Transformation Fund.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4856", "label" : {"_value" : "Biography information for Stephen Farry"} } , "tablingMemberConstituency" : {"_value" : "North Down"} , "tablingMemberPrinted" : [{"_value" : "Stephen Farry"} ], "uin" : "186579"} , {"_about" : "http://data.parliament.uk/resources/1608773", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1608773/answer", "answerText" : {"_value" : "

Spending Review 2021 allocated funding for both the Social Housing Decarbonisation Fund and Home Upgrade Grant for energy-saving measures.<\/p>

<\/p>

At spending reviews, the Barnett formula is applied to changes in each UK government department\u2019s DEL budget with\u202fthe Barnett consequentials that arise then added to the devolved administrations\u2019 baseline block grants.<\/p>

<\/p>

Because the Barnett formula is not applied to changes in funding for all the individual programmes within a UK government department\u2019s DEL budget, the Barnett consequentials associated with these individual programmes cannot be identified.<\/p>

<\/p>

Spending Review 2021 set the largest annual block grants, in real terms, of any spending review settlement since the devolution Acts in 1998 and the Northern Ireland Executive is receiving an average of £1.6 billion per year through the Barnett formula on top of its £13.4 billion annual baseline.<\/p>

<\/p>

It is for the devolved administrations to decide how to allocate their funding in devolved areas, including environmental planning and decarbonisation.<\/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" : "2023-04-17", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-04-17T12:13:45.763Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-03-29", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Housing: Energy"} , "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 there will be a Barnett consequential for Northern Ireland from the Social Housing Decarbonisation Fund and Home Upgrade Grant for energy-saving measures.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4856", "label" : {"_value" : "Biography information for Stephen Farry"} } , "tablingMemberConstituency" : {"_value" : "North Down"} , "tablingMemberPrinted" : [{"_value" : "Stephen Farry"} ], "uin" : "176804"} , {"_about" : "http://data.parliament.uk/resources/1605949", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1605949/answer", "answerText" : {"_value" : "

Tax-Free Childcare began to be rolled out from April 2017.<\/p>

<\/p>

Forecasted expenditure for financial years 2019-20, 2020-21 and 2021-22 was published in the Office for Budget Responsibility\u2019s Economic and Fiscal Outlook for Spring Statement 2019 and can be found on page 105: https://obr.uk/docs/dlm_uploads/March-2019_EFO_Web-Accessible.pdf<\/p>

<\/p>

Actual expenditure for financial years 2019-20, 2020-21 and 2021-22 was published in the Tax-Free Childcare Official Statistics, March 2022. The Tables and Statistics are available to download from: https://www.gov.uk/government/statistics/tax-free-childcare-statistics-march-2022<\/p>

<\/p>

Actual expenditure in 2020-21 was significantly lower than forecast. This is driven by the impact of COVID 19 lockdowns.<\/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" : "2023-03-28", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-03-28T14:15:18.84Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-03-21", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Childcare: Tax Allowances"} , "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 the (a) forecast and (b) actual expenditure was for the tax-free childcare scheme in the last three financial years.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4856", "label" : {"_value" : "Biography information for Stephen Farry"} } , "tablingMemberConstituency" : {"_value" : "North Down"} , "tablingMemberPrinted" : [{"_value" : "Stephen Farry"} ], "uin" : "170765"} , {"_about" : "http://data.parliament.uk/resources/1605950", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1605950/answer", "answerText" : {"_value" : "Up-to-date estimates are not readily available and could only be provided at disproportionate cost. Should the Government announce any changes to Tax-Free Childcare or other policy measures in future, costings will be submitted to the Office for Budget Responsibility and published in the budget report on GOV.UK."} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"} } , "answeringMemberConstituency" : {"_value" : "Salisbury"} , "answeringMemberPrinted" : {"_value" : "John Glen"} , "dateOfAnswer" : {"_value" : "2023-03-28", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-03-28T14:17:15.63Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-03-21", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Childcare: Tax Allowances"} , "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 make an estimate of the cost to the public purse of increasing the tax free childcare scheme to cover (a) 25 per cent and (b) 30 per cent of childcare costs.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4856", "label" : {"_value" : "Biography information for Stephen Farry"} } , "tablingMemberConstituency" : {"_value" : "North Down"} , "tablingMemberPrinted" : [{"_value" : "Stephen Farry"} ], "uin" : "170766"} , {"_about" : "http://data.parliament.uk/resources/1584637", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1584637/answer", "answerText" : {"_value" : "

The High Income Child Benefit Charge is calculated on an individual rather than a household basis, in line with other income tax policy. This is because HMRC holds records on individual incomes, allowing them to identify who is liable for the charge, and communicate with these individuals to encourage compliance.<\/p>

<\/p>

However, HMRC does not routinely collect household relationship information, and changes to household make-up and income fluctuations would make it difficult for HMRC to calculate combined household incomes.<\/p>

<\/p>

Basing the HICBC on household income, to take into account single and dual earner households, would require all families in receipt of Child Benefit payments to report their household income data to HMRC, to ensure compliance. This would be costly to the Government and burdensome for families who currently do not need to provide this information.<\/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" : "2023-02-09", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-02-09T17:33:38.29Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-02-06", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "High-income Child Benefit Tax Charge"} , "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 he has made an assessment of the potential merits of reviewing the High-Income Child Benefit Charge to review rules on single and dual earners with the same level of household earnings.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4856", "label" : {"_value" : "Biography information for Stephen Farry"} } , "tablingMemberConstituency" : {"_value" : "North Down"} , "tablingMemberPrinted" : [{"_value" : "Stephen Farry"} ], "uin" : "140390"} , {"_about" : "http://data.parliament.uk/resources/1566799", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1566799/answer", "answerText" : {"_value" : "

The Barnett formula determines changes in the Northern Ireland Executive\u2019s funding, not the overall funding, and is applied at departmental level at Spending Reviews. Barnett consequentials don\u2019t therefore generally reflect the funding provided to the Northern Ireland Executive in relation to specific programmes or projects. The Block Grant Transparency publication sets out the breakdown of Barnett consequentials for the Northern Ireland Executive.<\/p>

<\/p>

In relation to the Move to Universal Credit Programme, the Barnett formula has been applied as set out in the Statement of Funding Policy. Funding for this programme fed into overall Barnett-based funding for the Northern Ireland Executive set at the Spending Review 2021.<\/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" : "2023-01-18", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-01-18T14:57:14.823Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-01-13", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Universal Credit: Northern Ireland"} , "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 make an estimate of the Barnett Consequentials Northern Ireland will receive for staffing for the Move to Universal Credit programme in (a) 2022-23, (b) 2023-24 and (c) 2024-25.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4856", "label" : {"_value" : "Biography information for Stephen Farry"} } , "tablingMemberConstituency" : {"_value" : "North Down"} , "tablingMemberPrinted" : [{"_value" : "Stephen Farry"} ], "uin" : "122508"} , {"_about" : "http://data.parliament.uk/resources/1546385", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1546385/answer", "answerText" : {"_value" : "

As a result of the decisions taken at Autumn Statement 2022, the Northern Ireland Executive\u2019s funding is increasing by around £650m over 2023-24 and 2024-25.<\/p>

<\/p>

The Block Grant Transparency publication will set out a full breakdown of funding for the Northern Ireland Executive in due course.<\/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" : "2022-12-02", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-12-02T09:33:08.713Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2022-11-29", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Public Expenditure: Northern Ireland"} , "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 list the values of the Barnett consequential funding for Northern Ireland relating to his spending decisions in the Autumn Statement 2022.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4856", "label" : {"_value" : "Biography information for Stephen Farry"} } , "tablingMemberConstituency" : {"_value" : "North Down"} , "tablingMemberPrinted" : [{"_value" : "Stephen Farry"} ], "uin" : "98900"} , {"_about" : "http://data.parliament.uk/resources/1536352", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1536352/answer", "answerText" : {"_value" : "

Inflation has a range of impacts on the public finances and previous OBR forecasts have shown how inflation can increase spending on welfare and debt interest, as well as tax revenues. With respect to debt interest, the most recent OBR forecast in March projected that government spending on debt interest would reach £83.0 billion in 2022-23. The OBR also publish a \u2018ready reckoner\u2019 to estimate the effect of changes in economic determinants, such as inflation and gilt rates. This shows the estimated change in debt interest costs from a 1 percentage point increase in inflation and gilt rates throughout the forecast.<\/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" : "2022-11-03", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-11-03T10:54:42.873Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2022-10-26", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Public Sector Debt"} , "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 recent assessment he has made of the impact of rising (a) inflation and (b) refinancing costs on the cost of servicing Government debt.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4856", "label" : {"_value" : "Biography information for Stephen Farry"} } , "tablingMemberConstituency" : {"_value" : "North Down"} , "tablingMemberPrinted" : [{"_value" : "Stephen Farry"} ], "uin" : "72487"} ], "itemsPerPage" : 10, "next" : "http://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Stephen+Farry&_page=1&answeringDeptId=14&answer.answeringMemberPrinted=John+Glen&max-answer.dateOfAnswer=2023-10-19", "page" : 0, "startIndex" : 1, "totalResults" : 32, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }