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1237341
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-24more like thismore than 2020-09-24
answer text <p>This Government is committed to building back better and investing in the green infrastructure that will help us to achieve our climate change objectives and level up the country. At the Plan for Jobs 2020, the Government announced an ambitious £3.05 billion package including the Green Homes Grant, designed to aid homeowners and landlords retrofit to upgrade the energy and cost efficiency of their homes. At Spring Budget 2020 the Government announced at least £800 million to support Carbon Capture and Storage (CCS) in two initial industrial clusters, the first by the mid-2020s and the second by 2030. CCS has the potential to reduce carbon emissions from power plants and factories. And on Tuesday (22 September), Dogger Bank Wind Farm announced the creation of almost 250 jobs in the North East on a project that will be capable of powering up to 4.5m homes when complete.</p><p> </p><p>Our upcoming National Infrastructure Strategy will set out our long-term economic infrastructure ambitions, focusing on decarbonisation and levelling up the nation.</p><p> </p><p>The UK is a global centre for sustainable finance with an established reputation in green finance and a frontrunner in the structuring, underwriting, and listing of green bonds, with more than 100 bonds listed on the London Stock Exchange, raising over $26 billion across eight currencies</p><p> </p><p>The government has been carefully considering the potential issuance of a UK sovereign green bond and will keep this under review. The government remains open to the introduction of new debt instruments, but would need to be satisfied that any new instrument would meet value-for-money criteria, enjoy strong and sustained demand in the long term and be consistent with wider fiscal objectives.</p>
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
grouped question UIN 91742 more like this
question first answered
less than 2020-09-24T09:16:48.077Zmore like thismore than 2020-09-24T09:16:48.077Z
answering member
4051
label Biography information for John Glen more like this
1417738
registered interest false more like this
date less than 2022-01-28more like thismore than 2022-01-28
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 Business: Coronavirus 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 many officials in his Department worked on preventing fraud in the coronavirus business support schemes in each month since April 2020. more like this
tabling member constituency Erith and Thamesmead more like this
tabling member printed
Abena Oppong-Asare more like this
uin 113840 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-02-02more like thismore than 2022-02-02
answer text <p>HM Treasury takes a flexible and dynamic approach to resourcing to meet Government priorities. We have officials delivering priority work, including on preventing fraud in the COVID-19 business support schemes. However, we do not routinely record the number of civil servants working on individual policy initiatives.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
question first answered
less than 2022-02-02T12:17:58.99Zmore like thismore than 2022-02-02T12:17:58.99Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4820
label Biography information for Abena Oppong-Asare more like this
1418790
registered interest false more like this
date less than 2022-02-01more like thismore than 2022-02-01
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 Business: Coronavirus 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 discussions and correspondence his Department has had with the National Crime Agency on fraud in the coronavirus business support schemes in the last three months. more like this
tabling member constituency Erith and Thamesmead more like this
tabling member printed
Abena Oppong-Asare more like this
uin 116080 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-02-04more like thismore than 2022-02-04
answer text <p>HMT officials regularly engage with the National Crime Agency to discuss shared policy interests, such as the response to fraud. This includes through the Economic Crime Strategic Board, through which the government, regulators, law enforcement, and industry discuss and drive forward the UK’s overall response to economic crime. The NCA and the Treasury are also members of a monthly cross-government Counter-Fraud Board on Bounce Back Loans.</p><p> </p><p>The government also continues to work actively with the British Business Bank, lenders, and fraud authorities to recover loans obtained fraudulently. This work has been supported by the Cabinet Office Counter Fraud Function to better identify the level and types of fraud against the scheme.</p><p>We are working with enforcement bodies including the National Investigation Service to investigate the most serious cases of fraud and we have always been clear that anyone who defrauds the scheme is at risk of prosecution. The National Investigation Service have recovered £3.1 million so far.</p><p> </p><p>The NCA is an operationally independent agency and has not been prevented from investigating frauds against the Bounce Back Loans scheme or any other Covid-19 support scheme.</p>
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
question first answered
less than 2022-02-04T14:51:25.337Zmore like thismore than 2022-02-04T14:51:25.337Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4820
label Biography information for Abena Oppong-Asare more like this
1441508
registered interest false more like this
date less than 2022-03-15more like thismore than 2022-03-15
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 Sanctions: Russia 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, whether any companies that have been sanctioned by the UK or are owned by people who have been sanctioned by the UK in relation to Russia's invasion of Ukraine received support through the coronavirus job retention scheme; and if he will publish details of these companies. more like this
tabling member constituency Erith and Thamesmead more like this
tabling member printed
Abena Oppong-Asare more like this
uin 140580 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-03-18more like thismore than 2022-03-18
answer text <p>Company details in relation to those that have been sanctioned by the UK that have benefited from the Coronavirus Job Retention Scheme (CJRS) are not available.</p><p> </p><p>However, HM Revenue and Customs (HMRC) published a list of employers that claimed through the CJRS since December 2020, on 16 December 2021, which can be found on gov.uk:</p><p> </p><p><a href="https://www.gov.uk/government/publications/employers-who-have-claimed-through-the-coronavirus-job-retention-scheme" target="_blank">https://www.gov.uk/government/publications/employers-who-have-claimed-through-the-coronavirus-job-retention-scheme</a></p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
question first answered
less than 2022-03-18T11:53:01.917Zmore like thismore than 2022-03-18T11:53:01.917Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4820
label Biography information for Abena Oppong-Asare more like this
1455541
registered interest false more like this
date less than 2022-03-29more like thismore than 2022-03-29
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 Public Sector Fraud Authority 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, when his proposed Public Sector Fraud Authority will (a) be established and (b) become operational. more like this
tabling member constituency Erith and Thamesmead more like this
tabling member printed
Abena Oppong-Asare more like this
uin 149422 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-04-19more like thismore than 2022-04-19
answer text <p>The Public Sector Fraud Authority was announced at spring forecast. It will become fully operational later this year. The Authority builds on the government’s existing Counter Fraud Function, which is operational now.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
question first answered
less than 2022-04-19T10:59:41.8Zmore like thismore than 2022-04-19T10:59:41.8Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4820
label Biography information for Abena Oppong-Asare more like this
1462539
registered interest false more like this
date less than 2022-05-12more like thismore than 2022-05-12
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 Bounce Back Loan Scheme 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, if he will make an estimate of the value of loans issued through the Bounce Back Loan Scheme at risk of being used to fund terrorist organisations. more like this
tabling member constituency Erith and Thamesmead more like this
tabling member printed
Abena Oppong-Asare more like this
uin 1370 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-05-17more like thismore than 2022-05-17
answer text <p>Bounce Back Loans were offered by accredited lenders who were required to carry out appropriate anti-money laundering and know-your-customer checks on applications.</p><p> </p><p>In the event that lenders have concerns in regard to a loan already issued, they are responsible for recovering funds or referring the organisations to law enforcement agencies for investigation and recovery. In order to support these efforts, at Spring Statement the government provided £13.2m additional funding for the National Investigation Service to investigate fraud and financial crime against the scheme.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
question first answered
less than 2022-05-17T15:01:30.533Zmore like thismore than 2022-05-17T15:01:30.533Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4820
label Biography information for Abena Oppong-Asare more like this
1064084
registered interest false more like this
date less than 2019-02-19more like thismore than 2019-02-19
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 Employment 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 assessment he has made of recent trends in the employment rate in the UK. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie more like this
uin 223495 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-02-27more like thismore than 2019-02-27
answer text <p>The employment rate is currently at a record high of 75.8%.</p><p> </p><p>There are currently a record 32.5 million people in work. Over the last year, employment growth has been driven almost entirely by high skilled jobs and full-time workers.</p><p> </p><p>Since the 2010 election we’ve seen over 3.5 million more people in employment – equivalent to an average of over 1,000 extra people in work every single day.</p><p> </p><p>This is alongside an unemployment rate which has not been lower since 1975, wages growing at the fastest pace in over a decade, and 9 consecutive months of real wage growth.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
question first answered
less than 2019-02-27T12:38:42.747Zmore like thismore than 2019-02-27T12:38:42.747Z
answering member
4051
label Biography information for John Glen more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1082271
registered interest false more like this
date less than 2019-03-05more like thismore than 2019-03-05
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 Crowdfunding 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 assessment he has made of the competitiveness of the UK peer-to-peer lending sector compared to (a) the US, (b) China and (c) the rest of the world. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie more like this
uin 228623 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-03-13more like thismore than 2019-03-13
answer text <p>The Government has introduced a robust and proportionate regulatory regime for peer-to-peer (P2P) lending, balancing the need for consumer protection with allowing the sector to grow, innovate and provide competition in the lending market.</p><p> </p><p>The British Business Bank’s Small Business Finance Markets 2018/19 report sets out that P2P business lending increased to nearly £2.3bn in 2018, and assesses the P2P business lending markets in the UK, the USA and China. The report notes that the increased regulation in the P2P market in the UK has been mostly seen as positive, in contrast to China where regulators were slow to address the sector, leading to opportunities for fraudulent activity.</p><p> </p><p>The UK has been independently ranked by EY and Deloitte as the world’s leading hub for Fintech – the best place in the world to start and grow a Fintech firm. The Government is committed to ensuring that it remains the best place in the world for Fintech, and has set out how it intends to do that in the ambitious Fintech Sector Strategy, launched in March 2018.</p>
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
question first answered
less than 2019-03-13T17:03:31.653Zmore like thismore than 2019-03-13T17:03:31.653Z
answering member
4051
label Biography information for John Glen more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1082272
registered interest false more like this
date less than 2019-03-05more like thismore than 2019-03-05
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 Individual Savings Accounts 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 many people have invested in an Innovative Finance ISA; and what assessment he has made of the level of uptake of that ISA. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie more like this
uin 228624 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-03-11more like thismore than 2019-03-11
answer text According to HMRC statistics, 31,000 innovative finance ISA accounts were subscribed to during the 2017-18 tax year.<p> </p>The Innovative Finance ISA increases the investment options available to investors and forms part of the wider ISA family. An attractive market for peer to peer lending within ISA already exists, with sufficient providers offering a product which meets the needs of lenders and investors. more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
question first answered
less than 2019-03-11T14:11:56.867Zmore like thismore than 2019-03-11T14:11:56.867Z
answering member
4051
label Biography information for John Glen more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1082273
registered interest false more like this
date less than 2019-03-05more like thismore than 2019-03-05
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 Cards: Fees and Charges 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 assessment he has made of the comparative merits of flat rate Interchange Fees as opposed to fees proportional to the value of the transaction; and whether his Department plans to exercise section 7 of the Interchange Fee (Amendment) (EU Exit) Regulations 2018 to decrease the per transaction interchange fee. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie more like this
uin 228625 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-03-11more like thismore than 2019-03-11
answer text <p>The Government is open to hearing views on this issue, and digital payments more broadly, as evidenced by its call for evidence on cash and digital payments in the new economy. Amongst other things, this explored how the Government can best support digital payments. The Government will formally respond to the call for evidence in due course.</p><p> </p><p>The European Commission is in the process of reviewing the effectiveness of the Interchange Fee Regulation as part of its usual process. The Payment Systems Regulator, who is the UK’s lead competent authority for the Interchange Fee Regulation, is also conducting a review into the supply of card-acquiring services. Amongst other things, this review will examine the fees merchants pay for these services. The Government has therefore not made a formal assessment of the Interchange Fee Regulation.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
question first answered
less than 2019-03-11T14:15:55.147Zmore like thismore than 2019-03-11T14:15:55.147Z
answering member
4051
label Biography information for John Glen more like this
tabling member
1586
label Biography information for Adam Afriyie more like this