Every parliamentary written question tabled by Clive Lewis this session, with the full answer and department. See how every department answers, or back to the MP page.
Showing 1–13 of 13 · Treasury
Pursuant to the Answer of 6 December 2024 to Question 17571 on Fossil Fuels: Insurance, whether the Prudential Regulation Authority is responsible for enforcing the (a) development and (b) implementation of transiti
The Prudential Regulation Authority (PRA) is responsible for overseeing the prudential regulation and supervision of financial institutions in the UK, ensuring their safety, soundness, and compliance with regulatory standards. Responsibility for regulator...
Pursuant to the Answer of 6 December 2024 to Question 17571 on Fossil Fuels: Insurance, whether her Department has taken steps with the Prudential Regulation Authority to ensure Lloyd’s of London’s underwriting acti
The Prudential Regulation Authority (PRA) is responsible for overseeing the prudential regulation and supervision of financial institutions in the UK, ensuring their safety, soundness, and compliance with regulatory standards. Responsibility for regulator...
If she will take steps to prevent insurers underwriting fossil fuel projects.
This Government is committed to delivering the UK’s legal and international climate commitments. Clean power by 2030 and accelerating to net zero is a key mission of this Government and essential to credible, long-term economic growth. Insurers make comme...
Whether she is taking steps to help ensure that the Financial Services Growth and Competitiveness Strategy supports the wider economy.
Financial services is central to the government’s modern industrial strategy due to the key role it plays in financing growth across the economy. The Chancellor’s Mansion House speech set out how the government will work with the sector to deliver sustain...
What the Government's planned timetable is for introducing legislation to establish the National Wealth Fund.
The National Wealth Fund (NWF) has been established and can operate under the UK Infrastructure Bank Act 2023. The government will bring forward new legislation when parliamentary time allows to broaden its mandate beyond infrastructure and cement its pos...
Whether private equity firms will be eligible to receive funds via the National Wealth Fund.
As the UK's new impact investor, the National Wealth Fund will mobilise private investment – including from institutional investors such as private equity firms – and catalyse investment that would not have otherwise taken place. The National Wealth Fund ...
Whether organisations in receipt of funding via the National Wealth Fund will be required to (a) have a UK headquarters and (b) be UK taxpayers.
The National Wealth Fund (NWF) will mobilise billions of pounds of investment in the UK's world leading clean energy and growth industries. In order to be eligible for consideration for NWF finance, the project must meet the NWF’s investment principles, w...
Whether the National Wealth Fund's statement of strategic priorities will include (a) meeting net zero targets and (b) the promotion of poverty reduction.
The National Wealth Fund will operate at arm’s length from the government. The government will provide the National Wealth Fund with a new framework of investment principles and a statement of strategic priorities in the coming months.
Pursuant to the Answer of 4 October 2024 to Question 6322 on Databases: Blyth, whether HMRC has undertaken an assessment of the projected loss of tax receipts from Blackstone's data centre in Blyth Investment Zone a
Estimates of the cost of tax relief for investment in Investment Zones were published in the Spring Budget 2024 – policy document and were estimated at an aggregate level. Estimates for individual projects within special tax sites are not available. HMRC ...
Pursuant to the Answer of 10 October 2024 to Question 7485 on Carbon Capture, Usage and Storage: Taxation, if she will hold discussion with carbon capture, usage and storage organisations in receipt of Government fu
All the current applicants for government support in Track 1 of the Carbon Capture, Usage and Storage programme are registered in England and Wales. Companies pay Corporation Tax in the UK on their profits derived from economic activities they undertake t...
Whether her Department plans to increase real terms funding for the Probation Service in the context of the prisoner early release scheme.
As the Chancellor has made clear, all future spending decisions will be negotiated through the Spending Review process and announced on October 30th through the Budget.
What recent assessment her Department has made of the potential impact of charging VAT on private school fees on levels of demand for state school places.
On 29 July, the Government announced that, as of 1 January 2025, all education services and vocational training provided by a private school in the UK for a charge will be subject to VAT at the standard rate of 20 per cent. This will also apply to boardin...
What assessment her Department has made of the potential impact of the proposed application of VAT to private school fees on families who can only access SEND provision in private schools due to deficits in local provision.
The Government is committed to breaking down barriers to opportunity, ensuring every child has access to high-quality education, which is why we have made the tough decision to end tax breaks for private schools. This will raise revenue for essential public services, including investing in the state education system.State education is accessible to all children. All children of compulsory school age are entitled to a state-funded school place if they need one and the Department for Education works to support Local Authorities to ensure every local area has sufficient places for pupils. Where pupils are placed in a private school because their needs cannot be met in the state sector, and they have their places funded by their Local Authority, the Local Authority will be able to reclaim the VAT they incur on these pupils’ fees. In Northern Ireland, it will be the Education Authority who fund placements in private schools and will be able to reclaim the VAT in this way. Where a placement at a specific private school is necessary to meet the pupil’s needs in England, that school will be named in the pupil’s Education, Health and Care Plan (EHCP).