Every parliamentary written question tabled by Mike Wood this session, with the full answer and department. See how every department answers, or back to the MP page.
Showing 41–60 of 114 · Treasury
Pursuant to the Answer of 24 February 2026 to Question 113596 on Mission Boards: Cabinet Committees, if she will publish the terms of reference of the Kickstarting Economic Growth Mission Board.
As previously published on GOV.UK, the Growth Mission Board was established 'to oversee and drive progress on the growth mission’.
With reference to the Budget Information Security Review, published on 9 February 2026, whether monitoring and recording of access to documents classified as Budget - Market Sensitive will include Ministers.
Yes.
Whether the Erasmus deal with the EU has (a) asymmetric or (b) symmetric early termination payments, payable (i) by the United Kingdom if it terminates early and (ii) by the European Union if they terminate early, and what provisions apply if the cost increases in Year 2 of the agreement once the first-year discount expires.
UK association to Erasmus+ is provided for through technical amendments to Protocol I of the Trade and Cooperation Agreement (TCA), which was agreed in 2020 and provides for UK association to EU Programmes under Part 5. Section 3 of Part 5 of the TCA outlines the legal mechanism under which the UK’s participation in all EU Programmes, including Erasmus+, would be subject to suspension and/or termination.
Pursuant to the answer of 12 January 2026 to Question 101767 on Jeffery Epstein, what information her Department holds on Lord Mandelson's representations on the disposal of RBS Sempra Commodities to JP Morgan in 2009-10.
The government is cooperating fully with a Metropolitan Police investigation and is providing any assistance required.
If she will publish a list of programmes and schemes that require the UK to provide payments to the EU and are not included in the EU–UK Trade and Cooperation Agreement of 2020.
All UK participation in EU programmes takes place under the framework of Part V of the Trade and Cooperation Agreement (TCA). The UK has participated in two EU programmes since 2023, the Horizon Europe research and development programme and Copernicus earth observation programme. The UK will also participate in the Erasmus+ education, youth and sport programme in 2027. Payments are published by the responsible department in its Annual Report and Accounts. The UK also fulfils obligations related to outstanding EU commitments from the UK’s participation in the EU budget before 31 January 2020, as agreed under the Withdrawal Agreement. This is paid by HM Treasury, and details of payments can be found in HM Treasury's EU Finances Statement, published annually.
Pursuant to the answer of 2 December 2025, to Question 93747, on Cabinet Office: Electronic Purchasing Card Solution, what the date, title, location and purpose of the cross-government event related to the public expenditure on TasteThatLove are.
See answer to WPQ 93747. The purpose of the event was to encourage collaboration between government departments, academia and the private sector.
What is the forecast profile of yearly (a) defence and (b) security spending to meet the respective 3.5% and 1.5% GDP NATO targets by 2035.
NATO qualifying defence spending will increase to 2.6 per cent of GDP by April 2027. The Government’s ambition is to spend 3 per cent of GDP on defence next Parliament, when economic and fiscal conditions allow, and 5 per cent of GDP on national security spending by the Parliament after next.In 2029, when NATO review capability requirements and this pledge, the UK and Allies will review the trajectory and the balance of spending, which is currently 3.5 per cent on core defence and 1.5 per cent on security and resilience-related spend.
Pursuant to the answer of 18 November 2025, to Question 88660, on Elections: Proof of Identity, what is the policy of Government Social Research on using the terms (a) sex and (b) gender.
The Government Social Research Profession is a professional membership body for social researchers working across government. It supports professional social researchers employed directly by departments through providing opportunities for learning, development, career support and technical development.The Government Social Research Profession is part of the Government Analysis Function, which sets expectations for analysis, as set out in the Government Functional Standard. In using the terms ‘sex’ and ‘gender’, government analysts should have regard to relevant data harmonisation standards published by the Office for National Statistics and the Government Statistical Service.The Office for National Statistics and the Government Statistical Service are currently partway through a review of their harmonised standards. That review is focused on developing updated and new harmonised standards for Sex, Gender Identity, Disability and Ethnicity
If she will publish the Freedom of Information Act disclosure released by the Government Actuary’s Department on 4 August 2025 with reference Internal Review response to FOI252626.
The Government Actuary’s Department released information on 4 August 2025 in relation to a Freedom of Information request. The content of that response is provided alongside this PQ response.
If she will publish the Freedom of Information Act disclosure with reference Internal Review response to FOI252626.
HM Treasury does not recognise the Freedom of Information case reference FOI252626.
Pursuant to the answer to question 95074 of 2 December 2025, how many of the businesses classified as hotels etc in the Valuation Office Agency draft 2026 rating lists have had their rateable value i) decrease ii) stay the same iii) increase compared to their 2023 rateable values.
The VOA published the Draft non-domestic rating list on 26 November 2025, which can be found here: https://www.gov.uk/government/statistics/non-domestic-rating-change-in-rateable-value-of-rating-lists-england-and-wales-2026-revaluation-draft-list
Pursuant to the answer to question 95074 of 2 December 2025, how many of the businesses classified as restaurants and cafes in the Valuation Office Agency draft 2026 rating lists have had their rateable value i) decrease ii) stay the same iii) increase compared to their 2023 rateable values.
The VOA published the Draft non-domestic rating list on 26 November 2025, which can be found here: https://www.gov.uk/government/statistics/non-domestic-rating-change-in-rateable-value-of-rating-lists-england-and-wales-2026-revaluation-draft-list
Pursuant to the answer of 2 December 2025 to question 95074 , how many of the businesses classified as holiday sites in the Valuation Office Agency draft 2026 rating lists have had their rateable value i) decrease ii) stay the same iii) increase compared to their 2023 rateable values.
The VOA published the Draft non-domestic rating list on 26 November 2025, which can be found here: https://www.gov.uk/government/statistics/non-domestic-rating-change-in-rateable-value-of-rating-lists-england-and-wales-2026-revaluation-draft-list
Pursuant to the answer to question 95074, how many of the 52,080 businesses classified as pubs and wine bars in the VAO draft 2026 rating lists have seen their rateable value i) decrease, ii) stay the same and iii) increase compared to their 2023 rateable values.
The VOA published the Draft non-domestic rating list on 26 November 2025, which can be found here: https://www.gov.uk/government/statistics/non-domestic-rating-change-in-rateable-value-of-rating-lists-england-and-wales-2026-revaluation-draft-list
Whether she intends to cap public service pension costs under section 12 of the Public Service Pensions Act 2013.
Section 12 of the Public Service Pensions Act 2013 (the Act) requires an employer cost cap to be set in each of the public service pension schemes. The Act requires that Treasury regulations must provide for the costs of a scheme to remain within specified margins either side of the employer cost cap of the scheme. The Regulations (SI 2014 No. 575) provide the margins are 3% of pay and that steps must be taken to return the cost of a scheme to the employer cost cap if the cost of the scheme would otherwise go beyond these margins. Treasury Directions made under the Act specify when the employer cost cap is to be assessed (The_Public_Service_Pensions__Valuations_and_Employer_Cost_Cap__Directions_2023_-_Final.pdf ). Valuations of the employer cost cap as at 31 March 2016 and at 31 March 2020 have been undertaken by each of the schemes, for example see page 9 of the Civil Service Pension Scheme Actuarial Valuation as at 31 March 2020 - Valuation Results. Valuations of the employer cost cap as at 31 March 2024 are currently underway and are expected to be published next year.
How many (a) pubs, (b) cafes, (c) restaurants and (d) hotels have had their rateable value (i) increased and (ii) reduced by the Valuation Office Agency during the 2026 business rate revaluation.
The VOA published the Draft non-domestic rating list on 26 November 2025. The accompanying statistical commentary reflects changes by sector and location, compared to the previous 2023 valuation. The revaluation will take effect from 1 April 2026. A rise in rateable value does not automatically mean a similar rise in bills. Bills are calculated using an agreed multiplier and any additional reliefs a ratepayer qualifies for. For those seeing bill increases, reflecting many sectors’ post-Covid recovery, the current government is providing a new support package for business rate payers worth £4.3 billion over the next 3 years.
Pursuant to the answer of 8 September 2025 to Question 70466 on 10 Downing Street: Repairs and Maintenance, whether (a) the Government Property Agency and (b) her Department has (i) an annual allowance and (ii) budget for works, fixtures or fittings for the Chancellor’s flat in Downing Street.
Aside from day-to-day facilities management, neither the GPA nor HMT provide an annual allowance or budget for works, fixtures or fittings to be undertaken on the Chancellor’s flat in Downing Street.
With reference to her Department's publication entitled Government Procurement Card spend over £500 - April 2025, Spending by Business Units no longer part of Cabinet Office, published on 29 May 2025, what the spending on TasteTheLove on 28 April 2025 was for, including what food or drink was purchased.
The relevant expense was for catering a cross-government (including visitors from academia and the private sector) event.
With reference to the Memorandum of Understanding: accessing HMRC information to assist honours committees in making recommendations about awarding honours to individuals, published on 19 October 2023, whether the HMRC Checking Panel’s deliberations are minuted and retained.
Under the published Memorandum of Understanding (MOU), HMRC will commission reports on the tax behaviour of nominees. The reports and risk ratings are retained in line with HMRC’s data retention policy, as set out in the MOU. Deliberations are not minuted, but the framework for decision making is published with the MOU.
With reference to her Department's document entitled Financial relationship between HM Treasury and the Bank of England: Memorandum of Understanding, published in February 2025 and pursuant to the Answer of 14 July 2025 to Question 65148 on Bank Notes, if she will make it her policy to amend the Memorandum of Understanding to require (a) the use of historical British figures on banknotes and (b) the representation of her Department on the Banknote Imagery Advisory Group.
The Bank of England is responsible for all aspects of the design, production, and issuance of banknotes, including the selection of characters, design features, and security measures. The Bank of England is required to seek HM Treasury approval only for the introduction of new denominations, as set out in section 1(1) of the Currency and Bank Notes Act 1954 and Section 9C of the Memorandum of Understanding on the financial relationship between HM Treasury and the Bank of England.The Memorandum of Understanding is reviewed every five years and was last updated in February 2025. The current version can be found here:Financial relationship between HM Treasury and the Bank of England Memorandum of Understanding The Bank of England may keep HM Treasury informed of developments on a non-statutory, informal basis, but there is no requirement for consultation with HM Treasury on matters of design or character selection. As a consequence, HM Treasury is not represented on the Bank of England’s Banknote Character Advisory Committee.