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1139321

registered interest
date	16/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: Islam
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment the Government has made of the potential merits of using Islamic financial certificates, sukuk to finance infrastructure projects without adding to Government debt on the public sector balance sheet; and if he will make a statement.
tabling member constituency	East Ham
tabling member printed	Stephen Timms
uin	277616
answer	answer is ministerial correction date of answer 22/07/2019 answer text The proceeds from the Sukuk, like the proceeds from the wider gilt programme, flow into the consolidated fund. This is used for general expenditure, including expenditure on infrastructure. The government considers the core gilt program rather than the Sukuk to be the most cost-effective way of raising money for expenditure, including that of infrastructure projects. The main purpose behind the decision to issue a second Sukuk is to reaffirm the government’s commitment to the UK being the Western hub for Islamic finance, whilst also providing high-quality liquid assets to UK-based Islamic banks. answering member constituency Salisbury answering member printed John Glen grouped question UIN 277781 question first answered 22/07/2019 14:01:35 answering member 4051 label Biography information for John Glen
tabling member	163 label Biography information for Sir Stephen Timms

1041572

registered interest
date	15/01/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	BT Group: Broadband
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, from what date was BT’s Next Generation Access lines assessed separately for business rates from the rest of the BT network.
tabling member constituency	East Ham
tabling member printed	Stephen Timms
uin	208739
answer	answer is ministerial correction date of answer 21/01/2019 answer text <p>The independent Valuation Office Agency (VOA) is responsible for the valuation of non-domestic properties for business rates purposes in England and Wales. The Commissioners for Revenue and Customs Act 2005 restricts VOA from providing specific information to protect ratepayer confidentiality.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 21/01/2019 16:20:00 answering member 3935 label Biography information for Mel Stride
tabling member	163 label Biography information for Sir Stephen Timms

1015202

registered interest
date	26/11/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Universal Credit
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the accuracy of the claim made by the UN Special Rapporteur on extreme poverty and human rights that real time information data has a 2 per cent rate of inaccuracy; and if he will make a statement.
tabling member constituency	East Ham
tabling member printed	Stephen Timms
uin	195460
answer	answer is ministerial correction date of answer 29/11/2018 answer text <p>The reference to two percent within the UN Special Rapporteur report on extreme poverty and human rights relates to the impact of incorrect and late Real Time Information (RTI) on Universal Credit claimants. HMRC and DWP work closely to monitor and drive improvements. DWP agree the statement that about 2% of UC claimants, where the claimant and/or their partner are in work, are affected by misreported earnings.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 29/11/2018 17:30:53 answering member 3935 label Biography information for Mel Stride
tabling member	163 label Biography information for Sir Stephen Timms