27 Jan 2025·Treasury·Answered
AskedIf she will make an estimate of the number of people employed by the National Wealth Fund that previously worked for the UK Infrastructure Bank.
ReplyThe Chancellor announced at the International Investment Summit on 14th October 2024 that the UK Infrastructure Bank would be transformed into the National Wealth Fund (NWF), This change took effect on that day. All UKIB staff were retained as part of the NWF.To realise its ambition to catalyse more private investment and accelerate investable projects coming to market across the UK, the NWF will be expanding its team based at its headquarters in Leeds.The number of roles at the NWF will be published in the “Staff Report” within the NWF’s Annual Report of Accounts, published following the end of this financial year.
27 Jan 2025·Treasury·Answered
AskedIf she will make an estimate of the number of staff within the National Wealth Fund that did not previously work for the UK Infrastructure Bank.
ReplyThe Chancellor announced at the International Investment Summit on 14th October 2024 that the UK Infrastructure Bank would be transformed into the National Wealth Fund (NWF), This change took effect on that day. All UKIB staff were retained as part of the NWF.To realise its ambition to catalyse more private investment and accelerate investable projects coming to market across the UK, the NWF will be expanding its team based at its headquarters in Leeds.The number of roles at the NWF will be published in the “Staff Report” within the NWF’s Annual Report of Accounts, published following the end of this financial year.
14 Jan 2025·Treasury·Answered
AskedWhich news services her Department holds subscriptions to.
ReplyThe Department holds subscriptions to the following news services:Dow Jones FactivaTimesTelegraphThe IndependentThe GuardianThe SunDaily ExpressDaily Mail/Mail on Sunday + Daily Mail PlusDaily MirrorDaily StarFinancial TimesPoliticsHomeBloomberg OnlineBloomberg Tax OnlineThe EconomistThe SpectatorNew StatesmanReutersYorkshire PostPress Association MediapointCision (press cuttings company)
13 Jan 2025·Ministry of Housing, Communities and Local Government·Answered
AskedCommunities and Local Government, whether she plans to activate the Flood Recovery Framework in response to flooding (a) in Lincolnshire and (b) elsewhere in January 2025.
ReplyMy thoughts remain with householders and business owners impacted by flooding after the recent heavy rainfall, flooding is a devastating experience for all those affected.Government support in the aftermath of flooding is only provided in exceptional circumstances and at present, overall, the scale of impacts is not sufficiently significant for the Flood Recovery Framework to be activated in any area. However, my officials continue to review impacts data and stand ready to support as appropriate.
11 Dec 2024·Treasury·Answered
AskedWith reference to her Department's policy paper entitled Capital Gains Tax: Rates of tax — carried interest, published on 30 October 2024, what the evidential basis is for the cost of implementing a one year increas
ReplyThe published operational costs represent a high-level cost estimate for the changes required to HMRC IT systems to deliver this policy change which follow a recognised standard methodology. HMRC do not provide detailed costs related to policy changes. Se...
11 Dec 2024·Treasury·Answered
AskedWith reference to paragraph 5.76 of the Autumn Budget 2024, HC 295, published on 30 October 2024, when the next bi-annual fiscal forum with the Oil and Gas sector will take place; where that forum will take place; a
ReplyThe government is committed to maintaining an open and constructive dialogue with the oil and gas sector to support our energy security and ensure the sector plays its role in our clean energy ambitions. In line with this I will chair the next Oil and Gas...
26 Nov 2024·Cabinet Office·Answered
AskedIf he will make an estimate of the number of people who are employed to deliver public services by private sector organisations that have been contracted for this purpose by Government Departments.
ReplyThe Cabinet Office does not hold information on the estimated number of people employed by private sector organisations contracted by Government Departments to deliver public services. Individual departments are responsible for managing their contracts in...
21 Nov 2024·Cabinet Office·Answered
AskedWhat information his Department holds on the number of contracted employees in the public sector.
ReplyThe information requested falls under the remit of the UK Statistics Authority. A response to the Hon. Gentleman’s Parliamentary Question of 21 November is attached.
20 Nov 2024·Treasury·Answered
AskedPursuant to the Answer of 18 November 2024 to Question 13623 on Agriculture: Inheritance Tax, what data her Department holds on the impact of reforms to (a) agricultural property relief and (b) business property rel
ReplyThe Government has published information about the reforms to agricultural property relief and business property relief. In addition to the information highlighted in the Answer of 18 November 2024 to Question 13623 on Agriculture: Inheritance Tax, the Ch...
11 Nov 2024·Treasury·Answered
AskedWith reference to her Department's policy paper entitled Summary of reforms to agricultural property relief and business property relief, published on 30 October 2024, whether he has made an assessment of the number
ReplyThe Government published information about the reforms to agricultural property relief and business property relief at www.gov.uk/government/publications/agricultural-property-relief-and-business-property-relief-reforms, and further explanatory informatio...
11 Nov 2024·Treasury·Answered
AskedWith reference to her Department's policy paper entitled Summary of reforms to agricultural property relief and business property relief, published on 30 October 2024, what assessment he has made of the impact of th
ReplyThe Government published information about the reforms to agricultural property relief and business property relief at www.gov.uk/government/publications/agricultural-property-relief-and-business-property-relief-reforms, and further explanatory informatio...
11 Nov 2024·Treasury·Answered
AskedWith reference to page 41 of her Department's document entitled Autumn Budget 2024, Policy Costings, published on 30 October 2024, what the evidential basis is for the Exchequer impact of changes to agricultural pro
ReplyThe costing methodology for reforming agricultural property relief and business property relief from 6 April 2026 by maintaining 100% relief for the first £1m of combined assets and 50% relief thereafter, and 50% relief for “not listed” shares on the mark...
11 Nov 2024·Treasury·Answered
AskedWith reference to paragraph 2.51 of the Autumn Budget 2024, published on 30 October, whether (a) non-residential agricultural buildings, (b) farm vehicles, (c) farm tools, (d) livestock and (e) chemicals and fertili
ReplyI can confirm that (a) non-residential agricultural buildings, (b) farm vehicles, (c) farm tools, (d) livestock and (e) chemicals and fertiliser stock are all included in the valuation of the agricultural and business assets of an estate.
10 Oct 2024·Ministry of Housing, Communities and Local Government·Answered
AskedCommunities and Local Government, whether her Department is taking steps to support farmers affected by compulsory purchase orders for nationally significant infrastructure projects to find alternative land nearb
ReplyDevelopment Consent Orders can include provisions which allow the applicant to compulsorily acquire land, with applicants required to follow the process and procedures set out in the Planning Act 2008 and associated regulations.Government guidance for app...
4 Oct 2024·Department for Work and Pensions·Answered
AskedWhat estimate her Department has made of the proportion of people who are eligible for Pension Credit who will take up that benefit in the next 12 months.
ReplyNo such estimate has been made.
4 Oct 2024·Department for Work and Pensions·Answered
AskedWith reference to her oral contribution to the debate on Social Security of 10 September 2024, Official Report, column 735, whether her estimate that pensioners will be £1,700 better off by the end of t
ReplyThrough this Government’s commitment to the Triple Lock, the full yearly rate of the new State Pension is forecast to increase by around £1,700 by the end of this Parliament. This estimate accounts for potential income tax payable on the full new State Pe...