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  • Gareth Thomas – 2016 Parliamentary Question to the HM Treasury

    Gareth Thomas – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Gareth Thomas on 2016-10-07.

    To ask Mr Chancellor of the Exchequer, how many complaints have been made about credit rating agencies; how many investigations the Financial Conduct Authority has launched into the performance of credit rating agencies; how many investigations the Information Commissioner’s Office has launched into the performance of credit rating agencies; and if he will make a statement.

    Simon Kirby

    This question has been passed on to the Financial Conduct Authority (FCA) and the Information Commissioner’s Office (ICO). The FCA and ICO will reply directly to the Honourable member by letter. A copy of the letters will be placed in the Library of the House.

  • Jo Stevens – 2016 Parliamentary Question to the Department for Work and Pensions

    Jo Stevens – 2016 Parliamentary Question to the Department for Work and Pensions

    The below Parliamentary question was asked by Jo Stevens on 2016-10-07.

    To ask the Secretary of State for Work and Pensions, with reference to his announcement of 13 August 2016 on guaranteeing EU funding beyond the date the UK leaves the EU, whether funding for the National Offender Management European Social Fund Co-financing Programme is guaranteed.

    Damian Hinds

    In his announcement on 13 August the Chancellor guaranteed that structural and investment funds projects, including ESF, signed before the Autumn Statement, would be fully funded. The agreement with the National Offender Management Service is covered by this guarantee. The Chancellor extended the guarantee in his announcement on 3 October. The Chancellor confirmed that the government will guarantee EU funding for structural and investment fund projects, including agri-environment schemes, signed after the Autumn Statement and which continue after we have left the EU provided that these deliver good value for money and are in line with domestic strategic priorities.

    The administration of the European Social Fund in Scotland, Wales and Northern Ireland is the responsibility of the devolved administrations. Where the devolved administrations sign up to structural and investment fund projects under their current EU budget allocation prior to leaving the EU, the government has confirmed that it will ensure they are funded to meet the announced commitments.

  • Margaret Hodge – 2016 Parliamentary Question to the HM Treasury

    Margaret Hodge – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Margaret Hodge on 2016-10-07.

    To ask Mr Chancellor of the Exchequer, how many times HM Revenue and Customs has commenced proceedings to recover unpaid tax claimed as deductible on payments that were subsequently found to involve foreign bribery since 2012.

    Jane Ellison

    HM Revenue and Customs does not record centrally information that may involve foreign bribery when dealing with proceedings to recover unpaid tax.

  • Mark Hendrick – 2016 Parliamentary Question to the HM Treasury

    Mark Hendrick – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Mark Hendrick on 2016-10-07.

    To ask Mr Chancellor of the Exchequer, how many enquiries were made to the Tax Credit Office by each hon. Member on behalf of constituents in (a) July, (b) August and (c) September 2016.

    Jane Ellison

    HM Revenue and Customs does not hold data showing the individual breakdown of enquiries by each hon. Member. The number of enquiries made to the Tax Credit Office by hon. Members on behalf of constituents between July and September 2016 were as follows:

    Telephone Enquiries

    Written Enquiries

    July

    642

    527

    August

    1169

    414

    September

    3172

    1838

    Total

    4983

    2779
  • Stephen Kinnock – 2016 Parliamentary Question to the Department for Business, Energy and Industrial Strategy

    Stephen Kinnock – 2016 Parliamentary Question to the Department for Business, Energy and Industrial Strategy

    The below Parliamentary question was asked by Stephen Kinnock on 2016-10-07.

    To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with the Financial Reporting Council on ensuring that companies follow the law when reporting on climate risk.

    Margot James

    The law requires company directors to consider, amongst other matters, the impact of their business on the environment. The Annual report is where the directors must demonstrate their consideration of this in the disclosures they make, both on environmental matters and risks. The Financial Reporting Council, operating under delegated powers from my right hon. Friend the Secretary of State, ensures legislation on the content of the annual report is adhered to by companies required to produce one.

  • Daniel Kawczynski – 2016 Parliamentary Question to the HM Treasury

    Daniel Kawczynski – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Daniel Kawczynski on 2016-10-07.

    To ask Mr Chancellor of the Exchequer, what long-term plans he has to secure the future of the oil and gas industry in the North Sea.

    Jane Ellison

    The long-term success of the sector is dependent on a tripartite approach between industry, government and a dedicated regulator, as set out in Sir Ian Wood’s review.

    The Government has provided substantial support to the oil and gas sector over the past two years, through measures worth £2.3 billion. This includes significant cuts to tax rates, the introduction of the Investment and Cluster Area Allowances and funding for seismic surveys to support exploration. The UK now has one of the most competitive fiscal regimes in the world for oil and gas.

    On 1 October 2016, the Oil and Gas Authority was formally established as a strong, independent regulator for the sector. Its new powers will allow it to act with greater speed and flexibility to attract investment, support jobs and further the UK’s competitive edge.

  • Helen Goodman – 2016 Parliamentary Question to the HM Treasury

    Helen Goodman – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Helen Goodman on 2016-10-07.

    To ask Mr Chancellor of the Exchequer, what recent discussions he has had with the Home Secretary on work permits and immigration rules for EU citizens working in the financial industry after the UK leaves the EU.

    Mr David Gauke

    The Chancellor has regular discussions with Government colleagues, including the Home Secretary, on a range of different issues. As the Chancellor said at the Lord’s Economic Affairs Committee the Government will not accept uncontrolled free movement of people but will continue to facilitate the movement of highly skilled people, including in financial institutions.

  • John Mann – 2016 Parliamentary Question to the HM Treasury

    John Mann – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by John Mann on 2016-10-07.

    To ask Mr Chancellor of the Exchequer, whether he has re-offered an extension of contract to the Governor of the Bank of England.

    Simon Kirby

    The Financial Services Act 2012 states that the appointment to Governor of the Bank of England is for a period of eight years and that a Governor may not be appointed more than once. The current Governor of the Bank of England was appointed on 1 July 2013 for a term of eight years, but indicated at the time that he would serve until 30 June 2018.

  • Steve McCabe – 2016 Parliamentary Question to the HM Treasury

    Steve McCabe – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Steve McCabe on 2016-10-07.

    To ask Mr Chancellor of the Exchequer, (a) how many and (b) what proportion of staff employed by his Department are non-UK nationals.

    Simon Kirby

    All Government Departments are bound by legal requirements concerning the right to work in the UK and, in addition, the Civil Service Nationality Rules. Evidence of nationality is checked at the point of recruitment into the Civil Service as part of wider pre-employment checks, but there is no requirement on departments to retain this information beyond the point at which it has served its purpose. More broadly, the Government will be consulting in due course on how we work with business to ensure that workers in this country have the skills that they need to get a job. But there are no proposals to publish lists of the number or proportion of foreign workers.

  • Bob Stewart – 2016 Parliamentary Question to the HM Treasury

    Bob Stewart – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Bob Stewart on 2016-10-07.

    To ask Mr Chancellor of the Exchequer, if he will make it his policy to introduce a sovereign wealth fund.

    Simon Kirby

    The government’s current priority is to reduce the deficit and start paying down national debt.