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1606860

registered interest
date	23/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Banks: Rhondda Cynon Taf
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make an estimate of the number of bank branches that have closed in (a) the Cynon Valley constituency and (b) Rhondday Cynon Taff local authority, in each year since 2010.
tabling member constituency	Cynon Valley
tabling member printed	Beth Winter
uin	172526
answer	answer is ministerial correction date of answer 29/03/2023 answer text <p>The Government believes that all customers, wherever they live, should have appropriate access to banking services. Nonetheless, decisions on opening and closing branches are a commercial issue for banks and building societies. The Government does not intervene in these decisions or make direct assessments of these branch networks.</p><p> </p><p>Guidance from the Financial Conduct Authority sets out its expectation of firms when they are deciding to reduce their physical branches or the number of free-to-use ATMs. Firms are expected to carefully consider the impact of planned branch closures on the everyday banking and cash access needs of their customers and consider possible alternative access arrangements. This ensures that the implementation of closure decisions is undertaken in a way that treats customers fairly.</p><p /><p>Regarding the ATM network specifically, LINK (the scheme that runs the UK's largest ATM network) has commitments to protect the broad geographic spread of free-to-use ATMs and is held to account against these commitments by the Payment Systems Regulator.</p><p> </p><p>LINK publishes the total number of free-to-use and pay-to-use ATMs across the UK on a regular basis. Further information is available on LINK’s website: <a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.link.co.uk%2F&amp;data=05%7C01%7CCaitlin.Naylor%40hmtreasury.gov.uk%7C9594dcc9dba942df10a608db2c4fcb2e%7Ced1644c505e049e6bc39fcf7ac51c18c%7C0%7C0%7C638152493436287470%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=9ECPJzyEjulep1ntwl097xwz51OQV8q5TabkBplVTFM%3D&amp;reserved=0" target="_blank">https://www.link.co.uk/</a></p><p> </p><p>Alternative options for access can be via telephone banking, through digital means such as mobile or online banking, and the Post Office. New shared banking hubs are also being introduced, providing basic banking services and dedicated space where community bankers from major banks can meet customers of that bank.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith grouped question UIN 172527 172528 question first answered 29/03/2023 10:42:24 answering member 4874 label Biography information for Andrew Griffith
tabling member	4809 label Biography information for Beth Winter

1606861

registered interest
date	23/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cash Dispensing: Rhondda Cynon Taf
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many (a) free-to-use and (b) paid-for ATMs have (i) opened and (ii) closed in (A) Cynon Valley constituency and (B) Rhondday Cynon Taff local authority since 2010.
tabling member constituency	Cynon Valley
tabling member printed	Beth Winter
uin	172527
answer	answer is ministerial correction date of answer 29/03/2023 answer text <p>The Government believes that all customers, wherever they live, should have appropriate access to banking services. Nonetheless, decisions on opening and closing branches are a commercial issue for banks and building societies. The Government does not intervene in these decisions or make direct assessments of these branch networks.</p><p> </p><p>Guidance from the Financial Conduct Authority sets out its expectation of firms when they are deciding to reduce their physical branches or the number of free-to-use ATMs. Firms are expected to carefully consider the impact of planned branch closures on the everyday banking and cash access needs of their customers and consider possible alternative access arrangements. This ensures that the implementation of closure decisions is undertaken in a way that treats customers fairly.</p><p /><p>Regarding the ATM network specifically, LINK (the scheme that runs the UK's largest ATM network) has commitments to protect the broad geographic spread of free-to-use ATMs and is held to account against these commitments by the Payment Systems Regulator.</p><p> </p><p>LINK publishes the total number of free-to-use and pay-to-use ATMs across the UK on a regular basis. Further information is available on LINK’s website: <a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.link.co.uk%2F&amp;data=05%7C01%7CCaitlin.Naylor%40hmtreasury.gov.uk%7C9594dcc9dba942df10a608db2c4fcb2e%7Ced1644c505e049e6bc39fcf7ac51c18c%7C0%7C0%7C638152493436287470%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=9ECPJzyEjulep1ntwl097xwz51OQV8q5TabkBplVTFM%3D&amp;reserved=0" target="_blank">https://www.link.co.uk/</a></p><p> </p><p>Alternative options for access can be via telephone banking, through digital means such as mobile or online banking, and the Post Office. New shared banking hubs are also being introduced, providing basic banking services and dedicated space where community bankers from major banks can meet customers of that bank.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith grouped question UIN 172526 172528 question first answered 29/03/2023 10:42:24 answering member 4874 label Biography information for Andrew Griffith
tabling member	4809 label Biography information for Beth Winter

1606862

registered interest
date	23/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank Services
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make an assessment of the potential impact of (a) shared banking hubs and (b) other community banking services on the ability of people to access banking services.
tabling member constituency	Cynon Valley
tabling member printed	Beth Winter
uin	172528
answer	answer is ministerial correction date of answer 29/03/2023 answer text <p>The Government believes that all customers, wherever they live, should have appropriate access to banking services. Nonetheless, decisions on opening and closing branches are a commercial issue for banks and building societies. The Government does not intervene in these decisions or make direct assessments of these branch networks.</p><p> </p><p>Guidance from the Financial Conduct Authority sets out its expectation of firms when they are deciding to reduce their physical branches or the number of free-to-use ATMs. Firms are expected to carefully consider the impact of planned branch closures on the everyday banking and cash access needs of their customers and consider possible alternative access arrangements. This ensures that the implementation of closure decisions is undertaken in a way that treats customers fairly.</p><p /><p>Regarding the ATM network specifically, LINK (the scheme that runs the UK's largest ATM network) has commitments to protect the broad geographic spread of free-to-use ATMs and is held to account against these commitments by the Payment Systems Regulator.</p><p> </p><p>LINK publishes the total number of free-to-use and pay-to-use ATMs across the UK on a regular basis. Further information is available on LINK’s website: <a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.link.co.uk%2F&amp;data=05%7C01%7CCaitlin.Naylor%40hmtreasury.gov.uk%7C9594dcc9dba942df10a608db2c4fcb2e%7Ced1644c505e049e6bc39fcf7ac51c18c%7C0%7C0%7C638152493436287470%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=9ECPJzyEjulep1ntwl097xwz51OQV8q5TabkBplVTFM%3D&amp;reserved=0" target="_blank">https://www.link.co.uk/</a></p><p> </p><p>Alternative options for access can be via telephone banking, through digital means such as mobile or online banking, and the Post Office. New shared banking hubs are also being introduced, providing basic banking services and dedicated space where community bankers from major banks can meet customers of that bank.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith grouped question UIN 172526 172527 question first answered 29/03/2023 10:42:25 answering member 4874 label Biography information for Andrew Griffith
tabling member	4809 label Biography information for Beth Winter

1606876

registered interest
date	23/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Individual Savings Accounts
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 18 November 2023 to Question 87713 on Individual Savings Accounts, if his Department will make an assessment of the potential merits of abolishing the 25 per cent penalty on removing savings from Lifetime ISAs in the context of the affordability of housing for first time buyers where (a) the Lifetime ISA limit has remained at £450,000 and (b) house prices have increased 24 per cent between December 2016 and December 2021.
tabling member constituency	Southampton, Test
tabling member printed	Dr Alan Whitehead
uin	172318
answer	answer is ministerial correction date of answer 28/03/2023 answer text <p>LISA funds, including any government bonus, can be withdrawn for the purchase of a first home valued under £450,000, in the case of terminal illness or from age 60. Withdrawals for any other reason are subject to a 25% fee to recoups the government bonus and any interest or growth arising from it.</p><p> </p><p>Data from the latest UK House Price Index demonstrates that the average price paid by first-time buyers is below the Lifetime ISA property price cap in all regions of the UK except for Inner London, where the average price paid is affected by Boroughs with very high property values. The Office for Budget Responsibility is also forecasting for house prices to fall by 9% by the end of 2024.</p><p> </p><p>The Government keeps the operational aspects of the Lifetime ISA under review, as it does all aspects of the tax system, with any changes being announced at a fiscal event.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 28/03/2023 15:24:43 answering member 4874 label Biography information for Andrew Griffith
tabling member	62 label Biography information for Dr Alan Whitehead

1606903

registered interest
date	23/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	British Patient Capital
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 23 March to Question 167105 on British Patient Capital, if he will provide a breakdown by English region of the £900 million of finance provided by the bank outside London.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	172407
answer	answer is ministerial correction date of answer 28/03/2023 answer text <p>The British Business Bank (BBB) has an objective to identify and help to reduce imbalances in access to finance for smaller businesses across the UK. In 2021/22 the Bank deployed £1,409m of finance, £502m of which was deployed in London.</p><p> </p><p>This means that the Bank exceeded its target of deployment of regional finance outside of London for 2021/22.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 28/03/2023 14:47:24 answering member 4874 label Biography information for Andrew Griffith
tabling member	4124 label Biography information for Chi Onwurah

1606932

registered interest
date	23/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Local Housing Allowance
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what evidence they received from local authorities about the impact of Local Housing Allowance shortfalls on (1) homelessness levels, and (2) temporary accommodation costs, in the lead up to the Spring Budget 2023.
tabling member printed	Lord Bird
uin	HL6787
answer	answer is ministerial correction date of answer 30/03/2023 answer text <p>The Government engages with a range of stakeholders on issues relating to the Local Housing Allowance, homelessness and temporary accommodation.</p><p>In April 2020, in response to the pandemic, Local Housing Allowance rates were raised to the 30th percentile of market rates. As a result of this increase, over 1.5 million households gained just over £600 per year on average in 2020/21. We have maintained rates at this elevated cash level and will continue to review rates annually.</p><p>Discretionary Housing Payments (DHPs) are also available from local authorities for tenants who face a shortfall in meeting their housing costs. Since 2011 the Government has provided nearly £1.6 billion in DHP funding to local authorities.</p><p>The Government is committed to preventing homelessness where possible. We have allocated £654 million through the Homelessness Prevention Grant which provides funding to enable Local Authorities to invest in prevention activities and helps meet their temporary accommodation costs. This is in addition to the £50m top-up to the Homelessness Prevention Grant for 2022/23 announced in December.</p> answering member printed Baroness Penn question first answered 30/03/2023 10:18:17 answering member 4726 label Biography information for Baroness Penn
tabling member	4564 label Biography information for Lord Bird