{ "format" : "linked-data-api", "version" : "0.2", "result" : {"_about" : "http://eldaddp.azurewebsites.net/answeredquestions.text?answeringDeptSortName=Treasury&hansardHeading=Business%3A+Investment", "definition" : "http://eldaddp.azurewebsites.net/meta/answeredquestions.text?answeringDeptSortName=Treasury&hansardHeading=Business%3A+Investment", "extendedMetadataVersion" : "http://eldaddp.azurewebsites.net/answeredquestions.text?answeringDeptSortName=Treasury&_metadata=all&hansardHeading=Business%3A+Investment", "first" : "http://eldaddp.azurewebsites.net/answeredquestions.text?_page=0&answeringDeptSortName=Treasury&hansardHeading=Business%3A+Investment", "hasPart" : "http://eldaddp.azurewebsites.net/answeredquestions.text?answeringDeptSortName=Treasury&hansardHeading=Business%3A+Investment", "isPartOf" : "http://eldaddp.azurewebsites.net/answeredquestions.text?answeringDeptSortName=Treasury&hansardHeading=Business%3A+Investment", "items" : [{"_about" : "http://data.parliament.uk/resources/1564173", "AnsweringBody" : [{"_value" : "Treasury"}
      ], "answer" : {"_about" : "http://data.parliament.uk/resources/1564173/answer", "answerText" : {"_value" : "<p>There are currently no plans to publish a summary of the engagement following the Spring Statement. Any changes to tax policy would be a matter for future Budgets and it would not be appropriate to comment on tax measures at this stage of the policy development cycle.<\/p>"}
        , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4399", "label" : {"_value" : "Biography information for Victoria Atkins"}
        }
        , "answeringMemberConstituency" : {"_value" : "Louth and Horncastle"}
        , "answeringMemberPrinted" : {"_value" : "Victoria Atkins"}
        , "dateOfAnswer" : {"_value" : "2023-01-11", "_datatype" : "dateTime"}
        , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
        , "questionFirstAnswered" : [{"_value" : "2023-01-11T16:38:38.747Z", "_datatype" : "dateTime"}
        ]}
      , "answeringDeptId" : {"_value" : "14"}
      , "answeringDeptShortName" : {"_value" : "Treasury"}
      , "answeringDeptSortName" : {"_value" : "Treasury"}
      , "date" : {"_value" : "2023-01-06", "_datatype" : "dateTime"}
      , "hansardHeading" : {"_value" : "Business: Investment"}
      , "houseId" : {"_value" : "1"}
      , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
      }
      ], "questionText" : "To ask the Chancellor of the Exchequer, with reference to the Spring Statement Tax Plan published on 23 March 2022, if he will publish a summary of the discussions he has had with businesses on investment incentives.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
      , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4797", "label" : {"_value" : "Biography information for James Murray"}
      }
      , "tablingMemberConstituency" : {"_value" : "Ealing North"}
      , "tablingMemberPrinted" : [{"_value" : "James Murray"}
      ], "uin" : "117812"}
    , {"_about" : "http://data.parliament.uk/resources/1419142", "AnsweringBody" : [{"_value" : "Treasury"}
      ], "answer" : {"_about" : "http://data.parliament.uk/resources/1419142/answer", "answerText" : {"_value" : "<p>Under the super-deduction, from April 2021 until the end of March 2023, companies can claim a 130% capital allowance on qualifying plant and machinery investments. It is the biggest two-year business tax cut in modern British history.<\/p><p> <\/p><p>At Budget, the Government announced that the temporary £1 million Annual Investment Allowance level would be extended until the end of March 2023.<\/p><p> <\/p><p>These measures provide more upfront support to help businesses across the UK invest and grow.<\/p>"}
        , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4527", "label" : {"_value" : "Biography information for Helen Whately"}
        }
        , "answeringMemberConstituency" : {"_value" : "Faversham and Mid Kent"}
        , "answeringMemberPrinted" : {"_value" : "Helen Whately"}
        , "dateOfAnswer" : {"_value" : "2022-02-10", "_datatype" : "dateTime"}
        , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
        , "questionFirstAnswered" : [{"_value" : "2022-02-10T14:53:00.32Z", "_datatype" : "dateTime"}
        ]}
      , "answeringDeptId" : {"_value" : "14"}
      , "answeringDeptShortName" : {"_value" : "Treasury"}
      , "answeringDeptSortName" : {"_value" : "Treasury"}
      , "date" : {"_value" : "2022-02-02", "_datatype" : "dateTime"}
      , "hansardHeading" : {"_value" : "Business: Investment"}
      , "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 is taking to encourage businesses to invest.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
      , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4844", "label" : {"_value" : "Biography information for Matt Vickers"}
      }
      , "tablingMemberConstituency" : {"_value" : "Stockton South"}
      , "tablingMemberPrinted" : [{"_value" : "Matt Vickers"}
      ], "uin" : "117105"}
    , {"_about" : "http://data.parliament.uk/resources/1418403", "AnsweringBody" : [{"_value" : "Treasury"}
      ], "answer" : {"_about" : "http://data.parliament.uk/resources/1418403/answer", "answerText" : {"_value" : "<p>Under the super-deduction, from April 2021 until the end of March 2023, companies can claim a 130% capital allowance on qualifying plant and machinery investments. It is the biggest two-year business tax cut in modern British history.<\/p><p> <\/p><p>At Budget, the Government announced that the temporary £1 million Annual Investment Allowance level would be extended until the end of March 2023.<\/p><p> <\/p><p>These measures provide more upfront support to help businesses across the UK invest and grow.<\/p>"}
        , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4527", "label" : {"_value" : "Biography information for Helen Whately"}
        }
        , "answeringMemberConstituency" : {"_value" : "Faversham and Mid Kent"}
        , "answeringMemberPrinted" : {"_value" : "Helen Whately"}
        , "dateOfAnswer" : {"_value" : "2022-02-08", "_datatype" : "dateTime"}
        , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
        , "questionFirstAnswered" : [{"_value" : "2022-02-08T13:43:45.91Z", "_datatype" : "dateTime"}
        ]}
      , "answeringDeptId" : {"_value" : "14"}
      , "answeringDeptShortName" : {"_value" : "Treasury"}
      , "answeringDeptSortName" : {"_value" : "Treasury"}
      , "date" : {"_value" : "2022-01-31", "_datatype" : "dateTime"}
      , "hansardHeading" : {"_value" : "Business: Investment"}
      , "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 is taking to encourage businesses to invest.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
      , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4860", "label" : {"_value" : "Biography information for Dr Kieran Mullan"}
      }
      , "tablingMemberConstituency" : {"_value" : "Crewe and Nantwich"}
      , "tablingMemberPrinted" : [{"_value" : "Dr Kieran Mullan"}
      ], "uin" : "114987"}
    , {"_about" : "http://data.parliament.uk/resources/1342050", "AnsweringBody" : [{"_value" : "Treasury"}
      ], "answer" : {"_about" : "http://data.parliament.uk/resources/1342050/answer", "answerText" : {"_value" : "<p>As well as addressing the immediate challenges of COVID-19, the Government recognises the importance of acting now to create the conditions for an investment-led recovery driven by private sector growth.<\/p><p> <\/p><p>Stimulating private sector investment will create jobs, drive innovation, and revitalise local areas and regions across the UK. This is central to the Government\u2019s plan to secure a strong recovery and the Budget announced a package of measures to achieve this, including the new super-deduction to support business investment.<\/p><p> <\/p><p>The Office for National Statistics, as part of the Quarterly National Accounts, published revised outturn figures for business investment in Q1 2021. In real and seasonally-adjusted terms, business investment fell by 10.7 per cent (£5.4 billion) in Q1 2021 compared to the previous quarter, or by 16.9 per cent (£9.2 billion) compared to Q1 2020.<\/p><p>At Spring Budget 2021, the Office for Budget Responsibility (OBR), which produces forecasts on the economy and public finances, revised upwardly the medium-term business investment outlook, expecting a return to its pre-crisis level in Q2 2022.<\/p><p> <\/p><p>In the March 2021 Economic and Fiscal Outlook, the OBR highlighted the potential impact of the super deduction:<\/p><p> <\/p><p>\u201cAs a temporary measure, it provides companies with a very strong incentive to bring forward investment from future periods to take advantage of the temporarily much more generous allowances. We assume that at its peak in 2022-23, this will raise the level of business investment by around 10 per cent (equivalent to around £20 billion a year) as spending is brought forward.\u201d<\/p>"}
        , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4689", "label" : {"_value" : "Biography information for Lord Agnew of Oulton"}
        }
        , "answeringMemberPrinted" : {"_value" : "Lord Agnew of Oulton"}
        , "dateOfAnswer" : {"_value" : "2021-07-12", "_datatype" : "dateTime"}
        , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
        , "questionFirstAnswered" : [{"_value" : "2021-07-12T15:29:48.467Z", "_datatype" : "dateTime"}
        ]}
      , "answeringDeptId" : {"_value" : "14"}
      , "answeringDeptShortName" : {"_value" : "Treasury"}
      , "answeringDeptSortName" : {"_value" : "Treasury"}
      , "date" : {"_value" : "2021-06-29", "_datatype" : "dateTime"}
      , "hansardHeading" : {"_value" : "Business: Investment"}
      , "houseId" : {"_value" : "2"}
      , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
      }
      ], "questionText" : "To ask Her Majesty's Government what assessment they have made of the levels of business investment for (1) the remainder of 2021, and (2) 2022.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
      , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4352", "label" : {"_value" : "Biography information for Lord Hay of Ballyore"}
      }
      , "tablingMemberPrinted" : [{"_value" : "Lord Hay of Ballyore"}
      ], "uin" : "HL1527"}
    , {"_about" : "http://data.parliament.uk/resources/1144183", "AnsweringBody" : [{"_value" : "Treasury"}
      ], "answer" : {"_about" : "http://data.parliament.uk/resources/1144183/answer", "answerText" : {"_value" : "The independent Office for Budget Responsibility (OBR) publishes an annual Forecast Evaluation Report, in which they compare their forecasts to subsequent published data, explain any forecast errors, and identify lessons for future forecasts."}
        , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3359", "label" : {"_value" : "Biography information for The Earl of Courtown"}
        }
        , "answeringMemberPrinted" : {"_value" : "The Earl of Courtown"}
        , "dateOfAnswer" : {"_value" : "2019-09-09", "_datatype" : "dateTime"}
        , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
        , "questionFirstAnswered" : [{"_value" : "2019-09-09T15:37:41.75Z", "_datatype" : "dateTime"}
        ]}
      , "answeringDeptId" : {"_value" : "14"}
      , "answeringDeptShortName" : {"_value" : "Treasury"}
      , "answeringDeptSortName" : {"_value" : "Treasury"}
      , "date" : {"_value" : "2019-09-03", "_datatype" : "dateTime"}
      , "hansardHeading" : {"_value" : "Business: Investment"}
      , "houseId" : {"_value" : "2"}
      , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
      }
      ], "questionText" : "To ask Her Majesty's Government what assessment they have made of the Office for Budget Responsibility's (OBR) model for forecasting business investment, in the light of business investment growth consistently falling below OBR forecasts and remaining \u201csignificantly weaker than expected\u201d according to its Economic and Fiscal Outlook, published in March.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
      , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"}
      }
      , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"}
      ], "uin" : "HL17671"}
    , {"_about" : "http://data.parliament.uk/resources/1109349", "AnsweringBody" : [{"_value" : "Treasury"}
      ], "answer" : {"_about" : "http://data.parliament.uk/resources/1109349/answer", "answerText" : {"_value" : "<p>The Government continues to work towards leaving the EU with a deal, which will allow us to honour the referendum, while also protecting jobs and our economy. The government is committed to providing the right economic environment for businesses to invest and grow.<\/p><p> <\/p><p>Businesses will also benefit from recently announced tax measures such as the introduction of a new allowance for the construction costs of new qualifying non-residential structures and buildings, which will provide billions of pounds of additional relief for UK businesses. The Government has also increased the Annual Investment Allowance from £200,000 to £1 million for two years, significantly increasing the amount of relief businesses receive on qualifying investment in the first year.<\/p><p> <\/p><p>Additionally, our modern Industrial Strategy sets out a clear plan for how we can boost productivity throughout the UK, including increased public investment in infrastructure and R&amp;D. At Budget 2018 we increased the size of the National Productivity Investment Fund to £37 billion and since 2010 there has been £600 billion of capital investment including in roads, rail, digital and skills.<\/p>"}
        , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4320", "label" : {"_value" : "Biography information for Robert Jenrick"}
        }
        , "answeringMemberConstituency" : {"_value" : "Newark"}
        , "answeringMemberPrinted" : {"_value" : "Robert Jenrick"}
        , "dateOfAnswer" : {"_value" : "2019-04-12", "_datatype" : "dateTime"}
        , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
        , "questionFirstAnswered" : [{"_value" : "2019-04-12T16:39:13.37Z", "_datatype" : "dateTime"}
        ]}
      , "answeringDeptId" : {"_value" : "14"}
      , "answeringDeptShortName" : {"_value" : "Treasury"}
      , "answeringDeptSortName" : {"_value" : "Treasury"}
      , "date" : {"_value" : "2019-04-03", "_datatype" : "dateTime"}
      , "hansardHeading" : {"_value" : "Business: Investment"}
      , "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 he plans to take to increase business investment in the UK after the UK leaves the EU.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
      , "tablingMember" : {"_about" : "http://data.parliament.uk/members/373", "label" : {"_value" : "Biography information for Sir David Davis"}
      }
      , "tablingMemberConstituency" : {"_value" : "Haltemprice and Howden"}
      , "tablingMemberPrinted" : [{"_value" : "Mr David Davis"}
      ], "uin" : "240505"}
    , {"_about" : "http://data.parliament.uk/resources/1042907", "AnsweringBody" : [{"_value" : "Treasury"}
      ], "answer" : {"_about" : "http://data.parliament.uk/resources/1042907/answer", "answerText" : {"_value" : "<p>HM Treasury does not publish official forecasts for the UK economy.<\/p><p> <\/p><p>The independent Office for Budget Responsibility (OBR) generate a projection for the UK economy that incorporates the impact of any policy announced by the Chancellor of the Exchequer at the annual Budget and Spring Statements.<\/p><p> <\/p><p>The most recent forecast was produced at Autumn Budget 2018 in October and the next will coincide with Spring Statement 2019.Until then, there are no further official forecasts.<\/p><p> <\/p><p>The OBR\u2019s forecast does not include a detailed breakdown of specific sectors, only an aggregate level of business investment expectations. Therefore, it will not contain details regarding the contribution of specific sectors to future business investment.<\/p><p><strong> <\/strong><\/p>"}
        , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1091", "label" : {"_value" : "Biography information for Lord Bates"}
        }
        , "answeringMemberPrinted" : {"_value" : "Lord Bates"}
        , "dateOfAnswer" : {"_value" : "2019-01-30", "_datatype" : "dateTime"}
        , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
        , "questionFirstAnswered" : [{"_value" : "2019-01-30T14:02:32.457Z", "_datatype" : "dateTime"}
        ]}
      , "answeringDeptId" : {"_value" : "14"}
      , "answeringDeptShortName" : {"_value" : "Treasury"}
      , "answeringDeptSortName" : {"_value" : "Treasury"}
      , "date" : {"_value" : "2019-01-16", "_datatype" : "dateTime"}
      , "hansardHeading" : {"_value" : "Business: Investment"}
      , "houseId" : {"_value" : "2"}
      , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
      }
      ], "questionText" : "To ask Her Majesty's Government, further to the Written Answer by Lord Bates on 26 November 2018 (HL11401), whether in the light of new ONS data showing three consecutive quarter-on-quarter falls in business investment for the first time since 2007\u201308 they still forecast a 8.8 per cent rise in business investment between Q4 2016 and Q1 2021; and which sectors will account for this rise.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
      , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"}
      }
      , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"}
      ], "uin" : "HL12898"}
    , {"_about" : "http://data.parliament.uk/resources/1005630", "AnsweringBody" : [{"_value" : "Treasury"}
      ], "answer" : {"_about" : "http://data.parliament.uk/resources/1005630/answer", "answerText" : {"_value" : "<p>We have made no specific assessment of this release.<\/p><p>In the 2018 Budget, the Government announced measures that are expected to affect business investment. These include the introduction of a permanent structures and buildings allowance and a temporary increase in the annual investment allowance for 2 years. These measures, in conjunction with the reduction in the writing down allowance for the special rate pool of assets are expected to increase the level of business investment by 0.4 per cent by the end of the forecast period.<\/p><p>In its October 2018 forecast, the independent OBR (Office for Budget Responsibility) expect business investment to increase by 8% between 2016 Q4 and 2021Q1 and for business investment to rise as a share of GDP.<\/p>"}
        , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1091", "label" : {"_value" : "Biography information for Lord Bates"}
        }
        , "answeringMemberPrinted" : {"_value" : "Lord Bates"}
        , "dateOfAnswer" : {"_value" : "2018-11-26", "_datatype" : "dateTime"}
        , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
        , "questionFirstAnswered" : [{"_value" : "2018-11-26T15:52:40.583Z", "_datatype" : "dateTime"}
        ]}
      , "answeringDeptId" : {"_value" : "14"}
      , "answeringDeptShortName" : {"_value" : "Treasury"}
      , "answeringDeptSortName" : {"_value" : "Treasury"}
      , "date" : {"_value" : "2018-11-12", "_datatype" : "dateTime"}
      , "hansardHeading" : {"_value" : "Business: Investment"}
      , "houseId" : {"_value" : "2"}
      , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
      }
      ], "questionText" : "To ask Her Majesty's Government, further to the Written Answer by Baroness Neville-Rolfe on 4 April 2017 (HL6630), what assessment they have made of the ONS release, Business Investment in the UK: April to June 2018 revised results, which showed that business investment fell by 0.2 per cent in the last quarter and by 0.7 percent compared to a year earlier; and, in the light of that release, whether they still expect that by 2021 business investment will (1) grow by 15 per cent, and (2) rise as a share of GDP.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
      , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"}
      }
      , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"}
      ], "uin" : "HL11401"}
    ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 8, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]}
}