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1147740

registered interest
date	02/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Treasury: Brexit
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how much his Department budgeted to support (a) other Government departments and (b) the Government’s arms-length agencies in preparation for the UK leaving the EU without a deal in each financial year since 2016-17.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	293645
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>The government has provided: over £4.2bn of additional funding from 2016 to the present financial year (2019-20) for departments and devolved administrations to prepare for all EU exit scenarios (a breakdown of these allocations can be found in Table E.6 (page 77) of HM Treasury’s 2018 Annual Statement on European Finances); a further £2bn for the 2020-21 financial year, announced at Spending Round 2019.</p><p> </p><p>For no-deal preparations specifically the Chancellor also: made £2.1bn available on 1 August 2019 for this financial year (2019-20); confirmed the HMG Guarantee on 30 September 2019, which would apply if the UK leaves the EU without a deal and should the EU cease to fund UK organisations after EU exit. This guarantee relates to UK organisations in receipt of certain EU programme funding. The total amount expected to be covered by the guarantee would be £4.3bn for this financial year.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 12:53:18 answering member 4483 label Biography information for Rishi Sunak
tabling member	4471 label Biography information for Rachael Maskell

1147925

registered interest
date	02/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Sector: Redundancy Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect of the inclusion of pension strain within the £95,000 cap on public sector exit payments on long-serving public servants on low to middle salaries.
tabling member constituency	Birmingham, Selly Oak
tabling member printed	Steve McCabe
uin	293443
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>The government was clear during the passage of the primary legislation that the cap will have no impact on the majority of public sector workers. We do however accept that there will be some circumstances where it is necessary or desirable to relax the cap. As such, a waiver system is in place for use in exceptional situations, including where imposing the cap would cause genuine hardship.</p><p> </p><p>An impact assessment was conducted and published in the 2016 consultation ahead of the primary legislation. This impact assessment took the inclusion of pension strain into account and can be found <a href="https://www.gov.uk/government/consultations/consultation-on-a-public-sector-exit-payment-cap/consultation-on-a-public-sector-exit-payment-cap#impact-analysis" target="_blank">here</a>. A further equalities assessment will be conducted on the final version of the regulations. The government is currently considering responses to the consultation on the draft regulations to implement the public sector exit payment cap and will respond to the consultation in due course.</p><p> </p><p>The government believes it is right to include all payments related to exit within the cap. The cap does not affect any pension that a person has earned through their years of service or have any impact on accrued pension rights. The cap ensures additional contribution to that pension made by the employer to fund early access to a pension is limited to no more than £95,000, on account these costs are ultimately funded by the taxpayer.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 10:03:10 answering member 4483 label Biography information for Rishi Sunak
tabling member	298 label Biography information for Steve McCabe

1147950

registered interest
date	02/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate his Department has made of the number of businesses affected by Operation Kingfisher; and what plans his Department has made to mitigate the effects on those business.
tabling member constituency	Liverpool, Wavertree
tabling member printed	Luciana Berger
uin	293533
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>As preparation for EU exit, the government has already made £6.3bn available and we have created a £108m Brexit Business Preparedness Pot – which is being allocated across government.</p><p> </p><p>The Department for Business, Energy, and Industrial Strategy has – from this pot - introduced a £15m Business Readiness Grant Scheme to enable business representative organisations to aid SMEs across England and the UK to prepare for Brexit.</p><p> </p><p>We will continue to monitor and work closely with businesses across the country to help ensure they are fully prepared for when the UK leaves the EU.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 12:51:35 answering member 4483 label Biography information for Rishi Sunak
tabling member	4036 label Biography information for Luciana Berger

1147951

registered interest
date	02/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what criteria his Department has set for businesses which wish to apply for the bailout fund created by Operation Kingfisher.
tabling member constituency	Liverpool, Wavertree
tabling member printed	Luciana Berger
uin	293534
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>The first port of call for a business facing cashflow issues should be commercial lending. As the Bank of England have said, UK banks are well-prepared, well-capitalised, and publicly committed to continuing to lend to viable businesses.</p><p> </p><p>Overall, the government has already made over £6.3bn available to prepare for EU exit. This includes £2 billion of core funding for departments for Brexit in 2020-21, which was confirmed in the recent Spending Round.</p><p> </p><p>The UK economy remains resilient, but we will continue to closely monitor any developments in economic risks to firms, sectors, and regions. We are considering what further support may be needed and any announcements will be made in due course.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 09:59:43 answering member 4483 label Biography information for Rishi Sunak
tabling member	4036 label Biography information for Luciana Berger

1147412

registered interest
date	01/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Housing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to the oral contribution of the Exchequer Secretary to the Treasury of 30 September 2019, Official Report, column 981, what assessment his Department has made of the effect on the housing sector of short positions against the pound in the event of the UK leaving the EU without a deal.
tabling member constituency	Hornsey and Wood Green
tabling member printed	Catherine West
uin	292970
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>We are focused on getting a deal and we are working in a determined way to get that deal.</p><p> </p><p>The fundamentals of our economy are strong: wages are growing, employment is at a record high and the unemployment rate is at a historic low. Further, since 2010, the Government has increased housing supply by over 1.3m, including 430,000 affordable homes. Over 222,000 additional homes were delivered in 2017/18 – the highest level in all but one of the last 31 years.</p><p> </p><p>The Government and the independent Bank of England have the policy tools available to them, and we’ll work closely with the Bank of England to ensure fiscal and monetary remain well co-ordinated.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 06:57:24 answering member 4483 label Biography information for Rishi Sunak
tabling member	4523 label Biography information for Catherine West

1147419

registered interest
date	01/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what funding his Department has allocated to Operation Kingfisher.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	292791
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>HM Treasury and the Bank of England have a number of economic tools at their disposal in preparation for EU exit and stand ready to deploy them as and when necessary.</p><p> </p><p>Overall, the government has already made over £6.3bn available to prepare for EU exit. This includes £2 billion of core funding for departments for Brexit in 2020-21, which was confirmed in the recent Spending Round.</p><p> </p><p>We continue to monitor and work closely with businesses across the country to help ensure they are fully prepared for when the UK leaves the EU.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 12:55:05 answering member 4483 label Biography information for Rishi Sunak
tabling member	151 label Biography information for Tom Brake

1147505

registered interest
date	01/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Expenditure
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when the next Spending Review will be (a) launched and (b) completed.
tabling member constituency	Manchester Central
tabling member printed	Lucy Powell
uin	292916
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>The next multi-year Spending Review will be carried out in 2020. The dates will be announced in due course.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 12:47:29 answering member 4483 label Biography information for Rishi Sunak
tabling member	4263 label Biography information for Lucy Powell

1147509

registered interest
date	01/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Social Security Benefits
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether the benefit freeze will be lifted in 2020.
tabling member constituency	Battersea
tabling member printed	Marsha De Cordova
uin	293002
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>The Government has no intention of repeating or prolonging the current freeze on working age benefits. From 2020, the Government expects increases in benefits will resume in line with CPI.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 06:57:36 answering member 4483 label Biography information for Rishi Sunak
tabling member	4676 label Biography information for Marsha De Cordova

1147563

registered interest
date	01/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the cost to the public purse of Operation Kingfisher's (a) bailout fund and (b) administration.
tabling member constituency	Oxford West and Abingdon
tabling member printed	Layla Moran
uin	292987
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>We continue to monitor and work closely with businesses across the country to help ensure they are fully prepared for when the UK leaves the EU.</p><p> </p><p>As such, the government has already made over £6.3bn available to prepare for EU exit. This includes £2 billion of core funding for departments for Brexit in 2020-21, which was confirmed in the recent Spending Round.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 12:49:40 answering member 4483 label Biography information for Rishi Sunak
tabling member	4656 label Biography information for Layla Moran

1147042

registered interest
date	30/09/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business: Government Assistance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the oral contribution of 25 September 2019 from the Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office, Official Report Column 739, if he will publish the criteria for which a business will be judged fundamentally viable in order to receive assistance from the Government in the event of the UK leaving the EU without a deal.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	292234
answer	answer is ministerial correction date of answer 03/10/2019 answer text <p>The Government is currently considering how best to support businesses across the country in the event of a no deal exit from the EU.</p><p> </p><p>The first port of call for a business facing cashflow issues should be commercial lending. As the Bank of England have said, UK banks are well-prepared, well-capitalised, and publicly committed to continuing to lend to viable businesses.</p><p> </p><p>We are monitoring businesses and sectors which may be exposed to short-term difficulties as a result of EU Exit and have been clear that should there be no deal, we would support the economy through whatever appropriate action is necessary, in keeping with the principles of managing public money.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 03/10/2019 16:37:12 answering member 4483 label Biography information for Rishi Sunak
tabling member	4124 label Biography information for Chi Onwurah