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  • Richard Burgon – 2016 Parliamentary Question to the HM Treasury

    Richard Burgon – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Richard Burgon on 2016-03-23.

    To ask Mr Chancellor of the Exchequer, if he will make it his policy to establish a minimum price below which Government shares in Royal Bank of Scotland will not be sold.

    Harriett Baldwin

    The first sale of Government shares in RBS was conducted in August 2015 and raised £2.1 billion for the taxpayer. This was an important first step in returning the bank to private ownership, which is the right thing to do for the taxpayer and for British businesses: it will promote financial stability, lead to a more competitive banking sector, and support the interests of the wider economy.

    The government will conduct further sales of RBS shares subject to market conditions, and in doing so will maximise value for the taxpayer. The returns on the government’s interventions in RBS will be determined by the success of the whole of the selling programme, rather than the terms achieved on the first few disposals.

  • Richard Burgon – 2016 Parliamentary Question to the HM Treasury

    Richard Burgon – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Richard Burgon on 2016-03-23.

    To ask Mr Chancellor of the Exchequer, what criteria he plans to use to ensure sales of Government shares in Royal Bank of Scotland maximise value for the public purse.

    Harriett Baldwin

    The first sale of Government shares in RBS was conducted in August 2015 and raised £2.1 billion for the taxpayer. This was an important first step in returning the bank to private ownership, which is the right thing to do for the taxpayer and for British businesses: it will promote financial stability, lead to a more competitive banking sector, and support the interests of the wider economy.

    The government will conduct further sales of RBS shares subject to market conditions, and in doing so will maximise value for the taxpayer. The returns on the government’s interventions in RBS will be determined by the success of the whole of the selling programme, rather than the terms achieved on the first few disposals.

  • Derek Twigg – 2016 Parliamentary Question to the Department for Transport

    Derek Twigg – 2016 Parliamentary Question to the Department for Transport

    The below Parliamentary question was asked by Derek Twigg on 2016-03-23.

    To ask the Secretary of State for Transport, with reference to his visit to the Mersey Gateway on 23 April 2015, what progress has been made on ensuring support will be provided to small businesses in Runcorn and Widnes when that bridge opens in 2017 related to the cost of tolls crossing the Mersey Gateway.

    Mr Robert Goodwill

    Residents of Halton will already be able to use the bridges for free following previous Government decisions to fund an extension to the original, limited, resident’s discount scheme proposed by Halton Borough Council. Heavy goods vehicles and coaches will pay the same wherever they are geographically based which will ensure a level playing field for businesses across the North West.

  • Richard Burgon – 2016 Parliamentary Question to the HM Treasury

    Richard Burgon – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Richard Burgon on 2016-03-23.

    To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 29 February 2016 to Question 27454, on banks, what the (a) date of, (b) details of who attended and (c) organisations represented were at each meeting.

    Harriett Baldwin

    Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at:

    https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel

  • Steve Reed – 2016 Parliamentary Question to the Department for Communities and Local Government

    Steve Reed – 2016 Parliamentary Question to the Department for Communities and Local Government

    The below Parliamentary question was asked by Steve Reed on 2016-03-23.

    To ask the Secretary of State for Communities and Local Government, with reference to the local government finance settlement 2016-17, whether he consulted the Office for Budget Responsibility on the distribution of the transitional grant.

    Mr Marcus Jones

    The Office for Budget Responsibility is concerned with national economic forecasting, while the Transition Grant is a subnational distribution. It was therefore not necessary nor would it have been standard practice to consult the OBR on this issue.

  • Steve Reed – 2016 Parliamentary Question to the Department for Communities and Local Government

    Steve Reed – 2016 Parliamentary Question to the Department for Communities and Local Government

    The below Parliamentary question was asked by Steve Reed on 2016-03-23.

    To ask the Secretary of State for Communities and Local Government, if he will publish the methodology used by his Department to calculate the distribution of the Transitional Grant announced in the local government finance settlement 2016-17.

    Mr Marcus Jones

    The Secretary of State has published an explanatory note setting out the method of calculation of the Transition Grant. It is available to view at:

    https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/510870/Explanatory_note_on_the_allocation_of_the_Transition_Grant.pdf

  • Steve McCabe – 2016 Parliamentary Question to the Department for Communities and Local Government

    Steve McCabe – 2016 Parliamentary Question to the Department for Communities and Local Government

    The below Parliamentary question was asked by Steve McCabe on 2016-03-23.

    To ask the Secretary of State for Communities and Local Government, pursuant to the Answer of 9 March 2016 to Question 29831, on how many occasions his Department has provided advice and support upon request from local authorities who wish to undertake post-implementation value for money assessments.

    Mr Marcus Jones

    None. However, carrying out post-implementation reviews is an established practice of good policy making for both local and central government.

  • Debbie Abrahams – 2016 Parliamentary Question to the Department for Work and Pensions

    Debbie Abrahams – 2016 Parliamentary Question to the Department for Work and Pensions

    The below Parliamentary question was asked by Debbie Abrahams on 2016-03-23.

    To ask the Secretary of State for Work and Pensions, what estimate he has made of the number of disabled people living in social housing who will be affected by the cap to local housing allowance.

    Justin Tomlinson

    The information requested is not available. As such it is not possible to accurately estimate the number of disabled people living in social housing that will be affected by this policy in 2018.

  • Clive Betts – 2016 Parliamentary Question to the Department for Communities and Local Government

    Clive Betts – 2016 Parliamentary Question to the Department for Communities and Local Government

    The below Parliamentary question was asked by Clive Betts on 2016-03-23.

    To ask the Secretary of State for Communities and Local Government, with reference to page 2 of Budget 2016, whether the £3.5 billion savings to public spending to be achieved by 2012-20 will affect the four year funding settlement to local councils announced by his Department in December 2015.

    Mr Marcus Jones

    While the Government has not yet completed its departmental efficiency review to help identify further savings in 2019-20, we expect the four year allocations confirmed in the final settlement on 10 February 2016 to be the amounts presented to Parliament each year, should councils choose to accept the offer.

    We look forward to councils publishing efficiency plans by 14 October 2016 that demonstrate how the greater certainty on offer can bring about opportunities for further savings. However, if councils prefer not to have a four year settlement we cannot guarantee their future levels of funding.

    We have been clear that funding allocations in 2019-20 may be subject to the implementation of 100% business rate retention, something councils have asked for over decades and which we are working with the sector to deliver.

  • Clive Betts – 2016 Parliamentary Question to the Department for Communities and Local Government

    Clive Betts – 2016 Parliamentary Question to the Department for Communities and Local Government

    The below Parliamentary question was asked by Clive Betts on 2016-03-23.

    To ask the Secretary of State for Communities and Local Government, how he plans that the section 31 grant to compensate councils for the extension of small business rate relief will be funded.

    Mr Marcus Jones

    By raising £8 billion through a package of measures to counter tax avoidance and aggressive tax planning by multinational enterprises, Government has been able to announce in the Budget a £6.7 billion reduction in business rates. This is the biggest ever cut in business rates in England. The funding for these section 31 grants was provided for in Budget 2016 through the Budget scorecard (lines 15-17). This additional funding is included in the DCLG Local Government DEL budget figures on page 91 of the Budget Report.