HM Treasury Alert Sample


Alert Sample

View the Parallel Parliament page for the HM Treasury

Information between 30th March 2026 - 9th April 2026

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Calendar
Wednesday 15th April 2026 2 p.m.
Treasury Committee - Oral evidence
Subject: Appointment of Katharine Braddick as Deputy Governor for Prudential Regulation at the Bank of England and Chief Executive of the Prudential Regulation Authority
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Monday 13th April 2026 1:30 p.m.
Treasury Committee - Private Meeting
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Written Answers
Office for Budget Responsibility: Research
Asked by: John Glen (Conservative - Salisbury)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when she expects the Office for Budget Responsibility to publish its first set of areas of research interest, as stated in the Economic and Fiscal Outlook - November 2025, published on 26 November 2025.

Answered by Torsten Bell - Parliamentary Secretary (HM Treasury)

The Office for Budget Responsibility (OBR) has full discretion over the timing of its own publication programme.

Airports: Business Rates
Asked by: Richard Holden (Conservative - Basildon and Billericay)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 17 March 2026 to Question 118908, what assessment underpins increases in rateable values of up to 295% for UK civil airports between 1 April 2021 and 1 April 2024; and what specific economic indicators were used to determine those increases.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

All assessments are underpinned by statutory assumptions defined in Schedule 6 of the Local Government Finance Act 1988.

For the 2026 revaluation, we consider general economic circumstances and the receipts and expenditure relevant to individual airports at the valuation date 1 April 2024. As this is the first revaluation since Covid, a large number of ratepayers may see a significant increase in rateable value compared to the previous valuation date 1 April 2021, when the country was in a pandemic lockdown.

Council Tax: Valuation
Asked by: James Cleverly (Conservative - Braintree)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many Valuation Office Agency staff were assigned to the council tax revaluation in Wales.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

Resource on preparations for the 2028 Council Tax revaluation in Wales has ranged from between 56 to 68 Full Time Equivalent staff in recent years.

Personal Savings: Pensions
Asked by: Sarah Edwards (Labour - Tamworth)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps HMRC is taking to ensure retirees and others with pensions and savings get clear help in avoiding mistakes with tax codes.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

HMRC is committed to helping retirees and others with pensions and savings understand their tax position and avoid errors with their tax codes.

Most people who receive a pension or savings income pay the right tax automatically through Pay As You Earn (PAYE). HMRC uses information provided by pension providers, banks and building societies to set and update tax codes, and continues to improve how this data is used to increase accuracy and reduce the risk of errors.

Where changes are made to a tax code, HMRC provides clear explanations so customers understand why an adjustment has been made and what action, if any, is needed. Customers can check and update their details online through their Personal Tax Account or the HMRC app, and can contact HMRC directly if something does not look right.

HMRC also recognises that some retirees may find tax matters more complex or may not be able to use digital services. For these customers, HMRC provides alternative support, including telephone and postal services, clear written guidance, and trained advisers who can offer tailored and empathetic help.

HMRC continues to improve its guidance and communications, including plain‑English information designed around real‑life situations, to help people better understand their tax affairs and avoid common mistakes.

Parental Leave and Parental Pay
Asked by: Baroness Penn (Conservative - Life peer)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask His Majesty's Government how many parents have (1) taken neonatal care leave, (2) received neonatal care pay, and (3) received both neonatal care leave and pay, since the Neonatal Care (Leave and Pay) Act 2023 came into force on 6 April 2025.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

HMRC does not hold information on (1) the number of parents that have taken Neonatal Care Leave and (3) the number of parents that have received both Neonatal Care Leave and Pay.

HMRC does hold data on Statutory Neonatal Care Pay provided by Real Time Information, HMRC’s database that holds Pay as You Earn information relating to employees. Using data from April-December 2025, an estimated 1,900 individuals were in receipt of Statutory Neonatal Care Pay. This data was extracted from HMRC’s Real-Time Information in January 2026 and is subject to revision or updates.

Parental Leave: Baby Care Units
Asked by: Baroness Penn (Conservative - Life peer)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask His Majesty's Government what the average length of neonatal care leave has been since 6 April 2025; and whether they will publish a breakdown of the number of parents taking neonatal care leave for each individual week of entitlement.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

HMRC does not receive data on exact claim duration. However, it is possible to estimate the duration of a claim based on total amounts of Statutory Neonatal Care Pay claimed. The average length of a claim is currently estimated at 2.3 weeks. The distribution of this is shown in the table below:

SNCP Claims in Tax Year 2025-26

Estimated Claim Duration

Cases

1 week

800

2 weeks

500

3 weeks

200

4 weeks

200

5 weeks

100

6 weeks

100

Notes:

1) Data collected using HMRC Real Time Information (RTI) and extracted in December 2025. RTI is subject to revision or updates.

2) Cases have been rounded to nearest 100.

Vending Machines: Age Assurance
Asked by: Andrew Rosindell (Reform UK - Romford)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has had discussions with the Secretary of State for Health and Social Care on the potential merits of providing grants or financial support to vending operators to meet compliance costs arising from age verification requirements.

Answered by James Murray - Chief Secretary to the Treasury

The Chancellor has regular discussions with the Secretary of State for the Department for Health and Social Care (DHSC) on a range of issues.

DHSC ran a 12-week consultation on proposals for the ban of high-caffeine energy drinks to children under 16 years from 3 September to 26 November 2025. This included seeking views on how the ban should apply in vending machines.

DHSC is now carefully considering the responses and will publish the government response in due course, setting out the consultation outcome and any next steps.

Nuclear Weapons
Asked by: Charlie Dewhirst (Conservative - Bridlington and The Wolds)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the inclusion in the UK Government Green Financing Framework, November 2025, paragraph 2.12, of the new exclusion of "Facilities intended for the production of weapons grade nuclear material or for other primarily military uses" on levels of divestment in the Defence nuclear industry, including Trident renewal contracts and sub-contracts.

Answered by James Murray - Chief Secretary to the Treasury

The Green Financing Framework, updated in 2025, explains how proceeds from green gilts and NS&I’s retail Green Savings Bonds will finance public expenditures that deliver a direct and positive environmental impact.

The Defence Nuclear Enterprise is critically important but does not primarily exist to support those objectives and so is not eligible to be financed under the Framework. This exclusion is in line with international norms for green bond frameworks.

Electric Vehicles: Excise Duties
Asked by: Connor Naismith (Labour - Crewe and Nantwich)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential combined impact of the 2025 Budget announcement introducing pay per mile charges on electric vehicles, particularly its effect on consumer demand for EVs, and the Zero Emission Vehicle (ZEV) mandate on manufacturers; and what steps her Department is taking to balancing these measures to support businesses in the automotive supply chain.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

As announced at Budget 2025, the Government is introducing Electric Vehicle Excise Duty (eVED) from April 2028, to create a fair tax system whilst also taking steps to ensure that driving an electric vehicle (EV) remains an attractive choice for consumers.

The rate of eVED for EVs will be half of the equivalent fuel duty rate paid by the average petrol/diesel driver, ensuring that EVs are cheaper to own and run for the majority of EV drivers.

Alongside eVED, the Government also announced at Budget 2025 generous additional support to incentivise the use of electric vehicles, including £1.3 billion of additional funding for the Electric Car Grant (ECG), £200 million for chargepoint rollout, and increasing the VED Expensive Car Supplement (ECS) threshold to £50,000 for EVs. To support manufacturers and the automotive sector supply chain, the Government announced an extension of funding for the Drive 35 (Driving Research & Investment in Vehicle Electrification) programme and a delay to proposed changes to Employee Car Ownership Schemes (ECOS) alongside transitional arrangements.

As set out by the OBR, the estimated net impact of eVED and other Budget measures, including the ECG and ECS, is 120,000 fewer new EV sales across the forecast period. This is against a baseline which assumes EV sales more than triple from 2025-26 levels by 2030-31, which means the net impact of eVED represents only 2% of total new EV sales in the period.

The Government has set out expected impacts from eVED and other Budget measures in the Budget 2025 Policy Costings document at GOV.UK: https://assets.publishing.service.gov.uk/media/692872fd2a37784b16ecf676/Budget_2025-Policy_Costings.pdf

Business Rates: Gyms and Leisure Centres
Asked by: Luke Evans (Conservative - Hinckley and Bosworth)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent discussions she has had with the leisure centre and gym sector on the impact of business rates on the financial sustainability of that sector.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

At the Budget, the VOA announced updated property values from the 2026 revaluation. This revaluation is the first since the pandemic, which has led to significant increases in rateable values for some properties as they recover from the pandemic.

To respond to those who are seeing large increases, Government has already acted to limit increases in bills, announcing a support package worth £4.3 billion package at the Budget.

The Government is also introducing new permanently lower tax rates for eligible retail, hospitality and leisure (RHL) properties. These new tax rates are worth nearly £1 billion per year and will benefit over 750,000 properties.

The Government published information on the effects of the changes to business rates made at Budget 2025 here: https://www.gov.uk/government/publications/effects-of-the-business-rates-retail-hospitality-and-leisure-multipliers-and-high-value-multiplier/effects-of-the-business-rates-retail-hospitality-and-leisure-multipliers-and-high-value-multiplier#multipliers

Business Rates: Gyms and Leisure Centres
Asked by: Luke Evans (Conservative - Hinckley and Bosworth)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will have discussions with the Secretary of State for Culture, Media and Sport on the impact of business rate costs on the ability of the gym and leisure centre sector to provide services for the health and wellbeing of communities.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

At the Budget, the VOA announced updated property values from the 2026 revaluation. This revaluation is the first since the pandemic, which has led to significant increases in rateable values for some properties as they recover from the pandemic.

To respond to those who are seeing large increases, Government has already acted to limit increases in bills, announcing a support package worth £4.3 billion package at the Budget.

The Government is also introducing new permanently lower tax rates for eligible retail, hospitality and leisure (RHL) properties. These new tax rates are worth nearly £1 billion per year and will benefit over 750,000 properties.

The Government published information on the effects of the changes to business rates made at Budget 2025 here: https://www.gov.uk/government/publications/effects-of-the-business-rates-retail-hospitality-and-leisure-multipliers-and-high-value-multiplier/effects-of-the-business-rates-retail-hospitality-and-leisure-multipliers-and-high-value-multiplier#multipliers

Business Rates: Gyms and Leisure Centres
Asked by: Luke Evans (Conservative - Hinckley and Bosworth)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will introduce updated guidance for the inclusion of community and independent gym and leisure facilities within RHL relief categories.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

At the Budget, the VOA announced updated property values from the 2026 revaluation. This revaluation is the first since the pandemic, which has led to significant increases in rateable values for some properties as they recover from the pandemic.

To respond to those who are seeing large increases, Government has already acted to limit increases in bills, announcing a support package worth £4.3 billion package at the Budget.

The Government is also introducing new permanently lower tax rates for eligible retail, hospitality and leisure (RHL) properties. These new tax rates are worth nearly £1 billion per year and will benefit over 750,000 properties.

The Government published information on the effects of the changes to business rates made at Budget 2025 here: https://www.gov.uk/government/publications/effects-of-the-business-rates-retail-hospitality-and-leisure-multipliers-and-high-value-multiplier/effects-of-the-business-rates-retail-hospitality-and-leisure-multipliers-and-high-value-multiplier#multipliers

Business Rates: Gyms and Leisure Centres
Asked by: Luke Evans (Conservative - Hinckley and Bosworth)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of business rates on the sustainability of the leisure centre and gym sector.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

At the Budget, the VOA announced updated property values from the 2026 revaluation. This revaluation is the first since the pandemic, which has led to significant increases in rateable values for some properties as they recover from the pandemic.

To respond to those who are seeing large increases, Government has already acted to limit increases in bills, announcing a support package worth £4.3 billion package at the Budget.

The Government is also introducing new permanently lower tax rates for eligible retail, hospitality and leisure (RHL) properties. These new tax rates are worth nearly £1 billion per year and will benefit over 750,000 properties.

The Government published information on the effects of the changes to business rates made at Budget 2025 here: https://www.gov.uk/government/publications/effects-of-the-business-rates-retail-hospitality-and-leisure-multipliers-and-high-value-multiplier/effects-of-the-business-rates-retail-hospitality-and-leisure-multipliers-and-high-value-multiplier#multipliers

Business Rates: Valuation
Asked by: James Cleverly (Conservative - Braintree)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 20 February 2026 to Question 111693 on Business Rates: Valuation, on how many occasions estimates were provided by the Valuation Office Agency to Ministers between 1 April 2024 and the publication of the draft Rating List.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

The VOA provided five data drops from 1 April 2024 to the publication of the draft rating list.

Defence: Finland and Netherlands
Asked by: James Cartlidge (Conservative - South Suffolk)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to her Department's press release entitled Joint statement from Finland, the Netherlands, and the United Kingdom on joint defence financing and procurement, published on 17 March 2026, whether the new finance mechanism will be used to stockpile munitions.

Answered by James Murray - Chief Secretary to the Treasury

The mechanism the Chancellor announced on 17 March will increase the availability of munitions and other critical capabilities when we need them most.

Similar to other international financial institutions, we expect that capital will be paid in based on countries’ GDP share, and that this will leverage many multiples more capital via private sector funding. The precise set-up is now being explored, and HMT and MOD are working together with finance and defence ministries across partner countries.

Defence: Finland and Netherlands
Asked by: James Cartlidge (Conservative - South Suffolk)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to her Department's press release entitled Joint statement from Finland, the Netherlands, and the United Kingdom on joint defence financing and procurement, published on 17 March 2026, whether the new finance mechanism will sit within her Department.

Answered by James Murray - Chief Secretary to the Treasury

The mechanism the Chancellor announced on 17 March will increase the availability of munitions and other critical capabilities when we need them most.

Similar to other international financial institutions, we expect that capital will be paid in based on countries’ GDP share, and that this will leverage many multiples more capital via private sector funding. The precise set-up is now being explored, and HMT and MOD are working together with finance and defence ministries across partner countries.

Defence: Finland and Netherlands
Asked by: James Cartlidge (Conservative - South Suffolk)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to her Department's press release entitled Joint statement from Finland, the Netherlands, and the United Kingdom on joint defence financing and procurement, published on 17 March 2026, what the cost is of creating the new finance mechanism.

Answered by James Murray - Chief Secretary to the Treasury

The mechanism the Chancellor announced on 17 March will increase the availability of munitions and other critical capabilities when we need them most.

Similar to other international financial institutions, we expect that capital will be paid in based on countries’ GDP share, and that this will leverage many multiples more capital via private sector funding. The precise set-up is now being explored, and HMT and MOD are working together with finance and defence ministries across partner countries.

Business: Taxation
Asked by: Matt Vickers (Conservative - Stockton West)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of property-based business taxation, such as business rates, on business investment and productivity.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

The Call for Evidence on business rates and investment closed on 18 February. It asked stakeholders for more detailed evidence on how the business rates system influences investment decisions, with questions on the business rates system’s tax structure, small business rates relief, improvement relief and empty property relief.

The Government is carefully considering representations we’ve received, and a response to the Call for Evidence will be published in due course.

Business Rates: Reviews
Asked by: Matt Vickers (Conservative - Stockton West)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she plans to review the long-term structure of business rates in England.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

The Call for Evidence on business rates and investment closed on 18 February. It asked stakeholders for more detailed evidence on how the business rates system influences investment decisions, with questions on the business rates system’s tax structure, small business rates relief, improvement relief and empty property relief.

The Government is carefully considering representations we’ve received, and a response to the Call for Evidence will be published in due course.

Public Houses: Business Rates
Asked by: James Cleverly (Conservative - Braintree)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many pubs with special category code (a) 226 and (b) 227 were on the Rating List (a) in July 2024 and (b) the most recent period for which figures are held, in each local authority area.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

The Valuation Office Agency publishes data relating to your request annually, in the NDR stock of properties which can be found here.

Electric Vehicles: Excise Duties
Asked by: Richard Holden (Conservative - Basildon and Billericay)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department has had discussions with garage owners on the potential impact of the cost of taking EV cars to have their pay per mile mileage checked for eVED on motorists.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

As announced at Budget 2025, the Government is introducing Electric Vehicle Excise Duty (eVED) from April 2028, to create a fair tax system whilst also taking steps to ensure that driving an electric vehicle (EV) remains an attractive choice for consumers.

The Government published a consultation which set out further detail on how eVED will work and sought views on its design and implementation. This included a commitment to engage with garages on the costs of mileage checks and MOT fees.

As part of the consultation process, the government has undertaken a programme of engagement involving a range of stakeholders, including garages, and is committed to continuing to engage closely on the implementation of eVED in the lead up to April 2028.

The consultation closed on 18 March 2026. The government is considering responses and will publish a response in due course.

Motor Vehicles: Excise Duties
Asked by: Richard Holden (Conservative - Basildon and Billericay)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 3 March 2026 to Question 115998, if she will publish the full list of factors used to calculate the (a) rate for each vehicle and (b) rates and thresholds rates and thresholds of taxes and reliefs.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

Vehicle Excise Duty (VED) is a tax on vehicles used or kept on public roads, and as in my previous response, rates for different vehicles vary according to a range of factors.

The rates payable for different vehicle types and the factors which determine them are set out in the V149 and V149/1 rates tables published by the Driver and Vehicle Licensing Agency (DVLA), and which can be found here: https://www.gov.uk/government/publications/rates-of-vehicle-tax-v149

The Government annually reviews the rates and thresholds of taxes and reliefs to ensure that they are appropriate and reflect the current state of the economy. The Chancellor makes decisions on tax policy at fiscal events in the context of the public finances.

Sports: Regulation
Asked by: John McDonnell (Labour - Hayes and Harlington)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, who is responsible for the regulation of sports and non-financial spread bets in the UK.

Answered by Lucy Rigby - Economic Secretary (HM Treasury)

The Financial Conduct Authority (FCA) has clarified that non-financial spread betting products are not financial instruments, and that the FCA’s regulatory framework does not account for gambling activity in relation to events which are not connected to financial markets.

Furthermore, the Gambling Commission does not licence products whose name, branding or marketing contain language associated with financial products, and understands spread bets of all kinds to potentially fall within the FCA’s remit.

The FCA advises that consumers who take positions in sports or other non-financial betting products should not assume they are eligible for financial compensation schemes or other financial regulatory protections.

Child Trust Fund and Individual Savings Accounts
Asked by: Edward Morello (Liberal Democrat - West Dorset)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential implications for her policies of the costs associated with legal processes required to access Child Trust Funds and Junior ISAs for disabled young people.

Answered by Lucy Rigby - Economic Secretary (HM Treasury)

Disability refers to a range of conditions, many of which do not prevent holders of Child Trust Funds and JISAs accessing them in the usual way. Where parents and carers need to engage with provisions under the Mental Capacity Act to manage the finances of a child, the Ministry of Justice has provided a guide, available at https://www.gov.uk/government/news/new-how-to-guide-to-help-families-access-trust-funds-of-disabled-young-adults

Child Trust Fund and Individual Savings Accounts
Asked by: Edward Morello (Liberal Democrat - West Dorset)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps her Department is taking to enable disabled young people to access funds held in Child Trust Funds and Junior ISAs when they turn 18.

Answered by Lucy Rigby - Economic Secretary (HM Treasury)

Disability refers to a range of conditions, many of which do not prevent holders of Child Trust Funds and JISAs accessing them in the usual way. Where parents and carers need to engage with provisions under the Mental Capacity Act to manage the finances of a child, the Ministry of Justice has provided a guide, available at https://www.gov.uk/government/news/new-how-to-guide-to-help-families-access-trust-funds-of-disabled-young-adults

Child Trust Fund and Individual Savings Accounts
Asked by: Edward Morello (Liberal Democrat - West Dorset)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps her Department is taking to simplify the process for families seeking access to Child Trust Funds and Junior ISAs for disabled young people.

Answered by Lucy Rigby - Economic Secretary (HM Treasury)

Disability refers to a range of conditions, many of which do not prevent holders of Child Trust Funds and JISAs accessing them in the usual way. Where parents and carers need to engage with provisions under the Mental Capacity Act to manage the finances of a child, the Ministry of Justice has provided a guide, available at https://www.gov.uk/government/news/new-how-to-guide-to-help-families-access-trust-funds-of-disabled-young-adults

Economic Situation: Climate Change
Asked by: Anna Gelderd (Labour - South East Cornwall)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent discussions she has had with the Governor of the Bank of England on the potential impact of climate and nature-related risks on (a) the economy and (b) financial stability; and what steps her Department is taking to coordinate with the Bank of England in response to those risks.

Answered by Lucy Rigby - Economic Secretary (HM Treasury)

HM Treasury has a comprehensive framework for assessing and managing risks to the economic outlook and to financial stability. This includes systematic monitoring through internal risk monitors, risk governance forums, and collaboration with other government departments such as the Department for Environment, Food & Rural Affairs and the Department for Energy Security and Net Zero in relation to the impacts of climate change and nature related risks.

The Chancellor’s latest remit and recommendations letter to the Financial Policy Committee (FPC) asks the Committee to consider how climate-related risks could affect financial stability over the near and long term, and to continue to assess the materiality of nature-related risks to its primary objective. The remits for the FPC and Prudential Regulation Committee also make clear that they should support the Government’s approach to accelerate the transition to a climate-resilient, nature-positive and net zero economy.

HMT and the Bank of England meet regularly to discuss the financial stability outlook.

Small Businesses: Coronavirus
Asked by: Susan Murray (Liberal Democrat - Mid Dunbartonshire)
Tuesday 31st March 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she is considering additional financial support for people who lost their businesses during the covid-19 pandemic.

Answered by James Murray - Chief Secretary to the Treasury

The Government recognises the profound impact which the Covid-19 pandemic had on individuals and businesses across the country. While the pandemic may have receded, the challenges for many small businesses still persist. This is why the Government published the Small Business Plan in July 2025, delivering the most comprehensive package of SME support in a generation, including legislating to end late payments, reducing regulatory burdens, supporting exporters, and investing in skills.

Pensions: Older People
Asked by: Connor Naismith (Labour - Crewe and Nantwich)
Wednesday 1st April 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of investment‑market volatility on retirees using income drawdown arrangements; and if she will conduct a review of (a) pension provider fee structures, particularly charging full management fees during periods of negative fund performance and (b) the adequacy of safeguards for retirees who are reliant on drawdown income.

Answered by Torsten Bell - Parliamentary Secretary (HM Treasury)

Individuals do face both investment and longevity risk in today’s Defined Contribution pension landscape, That can include investment risk during retirement. The government is acting to help savers manage these risk, including via the introduction of default pensions through the Pension Schemes Bill. This will ensure that savers in workplace defined contribution schemes have a default solution in place for retirement, helping secure a sustainable income in later life. Trustees and providers will need to consider how the solution they put in place help protect individuals from investment and longevity risks.

FCA rules already require drawdown providers to provide annual statements to consumers which contain enough information for them to review their position. This ensures that consumers can make choices regarding their drawdown arrangements on an informed basis.

Business Rates: Public Houses
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Wednesday 1st April 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when she intends to publish an answer to Question 113817, tabled on 20 February 2026, on Public Houses: Business Rates.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

I refer the Hon Member to the answer given to Question UIN113817 on 1 April 2026.

Public Houses: Business Rates
Asked by: Kevin Hollinrake (Conservative - Thirsk and Malton)
Wednesday 1st April 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 13 January 2026 to Question 102817 on Public Houses: Business Rates, if he will provide a hyperlink to the requested information cross-referenced by each individual billing authority in England.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

I refer the Hon Member to the answer given to Question UIN102817 on 13 January 2026 which provides a link to the published data available.
Financial Services: Environment Protection
Asked by: Callum Anderson (Labour - Buckingham and Bletchley)
Wednesday 1st April 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she is taking to ensure the UK remains internationally competitive in (i) sustainable finance and (ii) transition finance.

Answered by Lucy Rigby - Economic Secretary (HM Treasury)

The Financial Services Growth and Competitiveness Strategy set out the government’s vision for the UK’s sustainable finance regulatory framework, which prioritises championing the UK’s world leading sustainable finance sector to innovate and adapt to upcoming developments.

The government published the UK Sustainability Reporting Standards for voluntary use on 25 February. These aim to support long-term, sustainable decision-making by the business and investment community by providing high-quality and comparable information about the sustainability-related risks and opportunities that businesses face. These standards are closely aligned with the standards from the International Sustainability Standards Board and will support both companies and investors working across jurisdictional boundaries. The Financial Conduct Authority has also consulted on potential updates to its rules for listed companies.

The UK is also taking decisive action to ensure its financial services sector in supporting the global transition and is well placed to capture the opportunity of transition finance. The government has been working closely with the Transition Finance Council, which the Chancellor co-launched with the City of London Corporation in February 2025. It has also consulted on potential implementation options to take forward transition planning in a way that supports the market’s need for credible and decision-useful information, while encouraging action in line with the UK’s climate commitments and supporting economic growth. The government will publish its response in due course.

Financial Services: Exports
Asked by: Callum Anderson (Labour - Buckingham and Bletchley)
Wednesday 1st April 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential for greater regulatory interoperability between the UK and Japan to reduce barriers to financial services exports.

Answered by Lucy Rigby - Economic Secretary (HM Treasury)

The Government recognises the value of deepening relationships with international partners, such as Japan, to support global financial stability, a cohesive regulatory landscape, and growth and investment in the UK.

Financial regulatory dialogues, including the Japan-UK Financial Regulatory Forum (FRF), are important in supporting cross-border trade in financial services and form a core part of the government’s approach to strengthening international partnerships, as set out in the Financial Services Growth and Competitiveness Strategy published in July.

The most recent Japan-UK FRF was on 18 March 2026 in Tokyo, alongside joint sessions with the seventh meeting of the Financial Dialogue. The Forum provided an opportunity for a deep and meaningful exchange across a broad set of economic, fiscal and financial regulatory issues, including alignment on international sustainability reporting standards, digital finance and international banking. Further details of the discussions can be found in the Joint Statement.
Digital Assets: Regulation
Asked by: Callum Anderson (Labour - Buckingham and Bletchley)
Wednesday 1st April 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she is taking to align the UK’s regulatory framework for (i) digital assets and (ii) stablecoins with key international partners to support global market access for UK firms.

Answered by Lucy Rigby - Economic Secretary (HM Treasury)

The government is maintaining close engagement with the UK’s international partners on digital asset and stablecoin market access opportunities.

The government is committed to making the UK a leading global destination for digital assets.

Treasury: Social Media
Asked by: John Hayes (Conservative - South Holland and The Deepings)
Wednesday 1st April 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department has paid for followers on social media platforms it uses.

Answered by Lucy Rigby - Economic Secretary (HM Treasury)

HM Treasury does not pay for followers on any social media platforms.

Parental Leave and Parental Pay
Asked by: Baroness Penn (Conservative - Life peer)
Thursday 2nd April 2026

Question to the HM Treasury:

To ask His Majesty's Government what the breakdown is of the uptake of neonatal care leave and pay by (1) mothers, and (2) fathers, since 6 April 2025.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

Parents cannot receive more than one statutory payment at the same time, meaning Statutory Neonatal Care Pay (SNCP) is often taken at the end of Statutory Maternity Pay and Statutory Paternity Pay. As mothers can receive up to 39 weeks of maternity pay, and SNCP was introduced from April last year, many eligible mothers will have been in receipt of maternity pay at the point the data was extracted and may not yet have claimed SNCP.

SNCP Claims in Tax Year 2025-26

Gender

Cases

Female

200

Male

1600

Notes:

1) Data collected using HMRC Real Time Information (RTI) and extracted in December 2025. RTI is subject to revision or updates.

2) Cases have been rounded to nearest 100.

3) Figures may not sum to totals due to rounding.

Public Bodies: VAT
Asked by: Lord Hunt of Kings Heath (Labour - Life peer)
Thursday 2nd April 2026

Question to the HM Treasury:

To ask His Majesty's Government, further to the Written Answer by Lord Livermore on 18 March (HL15247), when they expect to reach a conclusion in their review of VAT for public bodies under section 41 of the Value Added Tax Act 1994.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

HM Treasury is currently analysing data provided by Section 41 bodies on their irrecoverable VAT and will set out the next steps to the reforms in due course.

Recording Studios: Business Rates
Asked by: Lord Freyberg (Crossbench - Excepted Hereditary)
Tuesday 7th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what data they hold on the number of commercial recording studios liable for non-domestic rates in each of the last ten years; and whether that data shows a rise or decline in the number of such studios up to 2026.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The Valuation Office are working with the sector to ensure that recording studios are categorised as such. They publish an annual stock of properties which can be sorted by their Special Category (SCat) here: Non-domestic rating: stock of properties collection - GOV.UK. Recording studios can be found under SCat code 232. The total number of recording studios in England and Wales for the last ten years are:

2025 - 410

2024 - 410

2023 - 420

2022 - 420

2021 - 410

2020 - 400

2019 - 410

2018 - 400

2017 - 390

2016 - 390

Financial Ombudsman Service
Asked by: Lord Cromwell (Crossbench - Excepted Hereditary)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what plans they have, pending implementation of the review of the Financial Ombudsman Service, to issue interim guidance for cases where Financial Ombudsman Service decisions raise questions about the interpretation of regulatory responsibilities across the financial services sector; or to encourage the Financial Conduct Authority to do so.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

On Monday 16 March, the Government published a response to its consultation on reforming the Financial Ombudsman Service (FOS), confirming that the government will legislate to stop the FOS acting as a quasi-regulator and provide greater regulatory coherence with the Financial Conduct Authority (FCA).

The FOS was not intended to create binding precedents or new rules through its determinations, which are made based on all the individual circumstances of the case. The Government’s review concluded that there was not always coherence between the regulatory approach set by the FCA and the approach used by the FOS in determining individual complaints and, in a small but significant minority of cases, this had led to the FOS acting as a quasi-regulator. The Government’s reforms will ensure that FOS determinations are fully aligned with the regulatory standards set by the FCA.

The Government will bring forward legislation to deliver the reforms when parliamentary time allows. Alongside the Government’s response, the FCA and the FOS published a paper seeking views on a number of changes they can make in advance of legislation, including updates to the fair and reasonable test and initial implementation of the new referral mechanism.

The reforms will improve cooperation between the FOS and the FCA, including through introducing a referral mechanism, which will require the FOS to seek a view from the FCA where the FOS considers there may be ambiguity in what FCA rules require, or where it considers an issue raised may have wider implications across the financial services industry, which the FCA will be required to respond to. The FOS and the FCA have implemented an initial version of this mechanism through their updated Memorandum of Understanding.

The reforms will also require the FCA and the FOS to publish regular thematic reports, which will explain the FOS’s approach to types of complaints that it receives. This will provide greater certainty on the approach used by the FOS to resolve disputes, and which demonstrates how that approach is aligned with the regulatory standards set by the FCA. In their joint paper, the FOS and the FCA set out that they will work with the Government to consider how greater clarity could be provided ahead of any legislative change.

Financial Conduct Authority
Asked by: Lord Cromwell (Crossbench - Excepted Hereditary)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what steps they are taking to ensure that the respective regulatory responsibilities are clearly defined between investment platforms, independent financial advisers and Self-Invested Personal Pension operators under Financial Conduct Authority rules.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The Government recently carried out a review of the Financial Ombudsman Service (FOS), and consulted on proposed changes to the statutory framework in which it operates. On 16 March, the Government published a response to its consultation on reforming the FOS, confirming it will legislate to stop the FOS acting as a quasi-regulator and provide greater regulatory coherence with the FCA.

The FOS was not intended to create binding precedents or new rules through its determinations, which are made based on all the individual circumstances of the case. The Government’s review concluded that there was not always coherence between the regulatory approach set by the Financial Conduct Authority (FCA) and the approach used by the FOS in determining individual complaints and, in a small but significant minority of cases, this led to the FOS acting as a quasi-regulator.

The Government’s reforms will amend the ‘Fair and Reasonable’ test to require that, where firms have met their obligations under relevant FCA Rules, the FOS will be required to find that a firm has acted fairly and reasonably. They will also make clear that the FOS can only consider rules that were in force at the time of the act or omission giving rise to a complaint. These reforms require primary legislation, which the government will take forward when Parliamentary time allows.

Alongside the Government’s planned legislative changes, the FCA and FOS are currently consulting on changes to the Dispute Resolution (DISP) rules in the FCA’s Handbook, which also proposes changes to address industry concerns about the potential for retrospective interpretation of FCA rules and standards.

All FCA authorised firms are subject to the same core regulatory requirements. The FCA communicates to firms, for example through their “Approach to Supervision” publication, that different business models including investment platforms and SIPP providers create different risk and therefore there are different expectations of the firms. The FCA expects firms to understand these risks and mitigate against them. Where appropriate, the FCA will clarify their expectations of different firms. Firms must also meet additional requirements, either rules or guidance, set out by the FCA depending on the specific regulated activities and permissions a firm undertakes and holds.

Financial Ombudsman Service
Asked by: Lord Cromwell (Crossbench - Excepted Hereditary)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what steps they are taking to ensure that the Financial Ombudsman Service fully utilises established consultation mechanisms, including the Wider Implications Framework between the Financial Ombudsman Service and the Financial Conduct Authority in cases with potential market-wide impact.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

On Monday 16 March, the Government published a response to its consultation on reforming the Financial Ombudsman Service (FOS), confirming that the government will legislate to stop the FOS acting as a quasi-regulator and provide greater regulatory coherence with the Financial Conduct Authority (FCA).

The FOS was not intended to create binding precedents or new rules through its determinations, which are made based on all the individual circumstances of the case. The Government’s review concluded that there was not always coherence between the regulatory approach set by the FCA and the approach used by the FOS in determining individual complaints and, in a small but significant minority of cases, this had led to the FOS acting as a quasi-regulator. The Government’s reforms will ensure that FOS determinations are fully aligned with the regulatory standards set by the FCA.

The Government will bring forward legislation to deliver the reforms when parliamentary time allows. Alongside the Government’s response, the FCA and the FOS published a paper seeking views on a number of changes they can make in advance of legislation, including updates to the fair and reasonable test and initial implementation of the new referral mechanism.

The reforms will improve cooperation between the FOS and the FCA, including through introducing a referral mechanism, which will require the FOS to seek a view from the FCA where the FOS considers there may be ambiguity in what FCA rules require, or where it considers an issue raised may have wider implications across the financial services industry, which the FCA will be required to respond to. The FOS and the FCA have implemented an initial version of this mechanism through their updated Memorandum of Understanding.

The reforms will also require the FCA and the FOS to publish regular thematic reports, which will explain the FOS’s approach to types of complaints that it receives. This will provide greater certainty on the approach used by the FOS to resolve disputes, and which demonstrates how that approach is aligned with the regulatory standards set by the FCA. In their joint paper, the FOS and the FCA set out that they will work with the Government to consider how greater clarity could be provided ahead of any legislative change.

Financial Ombudsman Service
Asked by: Lord Cromwell (Crossbench - Excepted Hereditary)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government, following the publication of their response to the review of the Financial Ombudsman Service, when they intend to (1) implement these reforms, and (2) introduce the necessary primary legislation.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

On Monday 16 March, the Government published a response to its consultation on reforming the Financial Ombudsman Service (FOS), confirming that the government will legislate to stop the FOS acting as a quasi-regulator and provide greater regulatory coherence with the Financial Conduct Authority (FCA).

The FOS was not intended to create binding precedents or new rules through its determinations, which are made based on all the individual circumstances of the case. The Government’s review concluded that there was not always coherence between the regulatory approach set by the FCA and the approach used by the FOS in determining individual complaints and, in a small but significant minority of cases, this had led to the FOS acting as a quasi-regulator. The Government’s reforms will ensure that FOS determinations are fully aligned with the regulatory standards set by the FCA.

The Government will bring forward legislation to deliver the reforms when parliamentary time allows. Alongside the Government’s response, the FCA and the FOS published a paper seeking views on a number of changes they can make in advance of legislation, including updates to the fair and reasonable test and initial implementation of the new referral mechanism.

The reforms will improve cooperation between the FOS and the FCA, including through introducing a referral mechanism, which will require the FOS to seek a view from the FCA where the FOS considers there may be ambiguity in what FCA rules require, or where it considers an issue raised may have wider implications across the financial services industry, which the FCA will be required to respond to. The FOS and the FCA have implemented an initial version of this mechanism through their updated Memorandum of Understanding.

The reforms will also require the FCA and the FOS to publish regular thematic reports, which will explain the FOS’s approach to types of complaints that it receives. This will provide greater certainty on the approach used by the FOS to resolve disputes, and which demonstrates how that approach is aligned with the regulatory standards set by the FCA. In their joint paper, the FOS and the FCA set out that they will work with the Government to consider how greater clarity could be provided ahead of any legislative change.

Financial Ombudsman Service
Asked by: Lord Cromwell (Crossbench - Excepted Hereditary)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the Financial Ombudsman Service's ability to set precedents that create new rules and thereby bypass the Financial Conduct Authority and established regulatory processes.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

On Monday 16 March, the Government published a response to its consultation on reforming the Financial Ombudsman Service (FOS), confirming that the government will legislate to stop the FOS acting as a quasi-regulator and provide greater regulatory coherence with the Financial Conduct Authority (FCA).

The FOS was not intended to create binding precedents or new rules through its determinations, which are made based on all the individual circumstances of the case. The Government’s review concluded that there was not always coherence between the regulatory approach set by the FCA and the approach used by the FOS in determining individual complaints and, in a small but significant minority of cases, this had led to the FOS acting as a quasi-regulator. The Government’s reforms will ensure that FOS determinations are fully aligned with the regulatory standards set by the FCA.

The Government will bring forward legislation to deliver the reforms when parliamentary time allows. Alongside the Government’s response, the FCA and the FOS published a paper seeking views on a number of changes they can make in advance of legislation, including updates to the fair and reasonable test and initial implementation of the new referral mechanism.

The reforms will improve cooperation between the FOS and the FCA, including through introducing a referral mechanism, which will require the FOS to seek a view from the FCA where the FOS considers there may be ambiguity in what FCA rules require, or where it considers an issue raised may have wider implications across the financial services industry, which the FCA will be required to respond to. The FOS and the FCA have implemented an initial version of this mechanism through their updated Memorandum of Understanding.

The reforms will also require the FCA and the FOS to publish regular thematic reports, which will explain the FOS’s approach to types of complaints that it receives. This will provide greater certainty on the approach used by the FOS to resolve disputes, and which demonstrates how that approach is aligned with the regulatory standards set by the FCA. In their joint paper, the FOS and the FCA set out that they will work with the Government to consider how greater clarity could be provided ahead of any legislative change.

Metal: Imports
Asked by: Lord Sharpe of Epsom (Conservative - Life peer)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what volume of ferrous scrap was imported into the UK in each of the last three calendar years, broken down by country of origin and by grade or category of scrap.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The data on imports of ferrous scrap is given in table 1. HM Revenue & Customs (HMRC) is responsible for the collection and publication of data on imports and exports of goods to and from the UK. HMRC releases this information monthly, as an Accredited National Statistic called the Overseas Trade in Goods Statistics (OTS), which is available via their dedicated website (www.uktradeinfo.com ).

Table 1: UK import volumes (kg) of Ferrous Scrap

Country

2023

2024

2025

Not Declared

100,666,973

119,323,136

110,711,763

Ireland

58,409,303

62,163,906

54,568,750

Belgium

10,620,084

11,853,794

385,988

Germany

6,447,914

11,121,900

392,921

Netherlands

3,600,562

5,603,047

1,460,658

UK

1,783,716

4,873,692

705,830

United States

451

137,270

2,211,158

France

128,252

375,242

107,888

Canada

2,880

372,743

Costa Rica

106,506

25,000

Iceland

110,610

9,610

6,490

Panama

44,000

40,000

20,000

Spain

2,003

99,660

Italy

12,133

41,211

41,752

Malta

24,100

41,760

Norway

51,060

Czechia

14,272

11,114

25,097

Israel

48,830

Lithuania

48,711

Estonia

29,241

Latvia

24,000

Congo (Dem. Rep)

15,000

Switzerland

7,120

5,530

331

China

158

2,041

4,380

Slovakia

52

2,971

Sweden

2,674

Falkland Islands

2,540

India

869

582

209

Jamaica

637

Oman

228

Comoros

180

Singapore

54

Somalia

15

Taiwan

3

Hungary

1

Grand Total

181,997,675

215,729,834

171,225,047

Source: HMRC Overseas Trade Statistics / UK TradeInfo.com

Notes

• Data for 2023-2025 are for calendar years

• HS8 72044110, 72044191, 72043000, 72044199, 72044910, 72044930, 72044990, 72045000

• Import trade is on a country of origin basis

• 2025 is an open year and is therefore provisional and is subject to change

• Country of origin is not required on trade declared through the Intrastat system

Iron and Steel: Imports
Asked by: Lord Sharpe of Epsom (Conservative - Life peer)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what volume of iron ore imports into the UK there was in each of the last three calendar years, broken down by (1) fines, (2) pellets, (3) lump ore and (4) other iron-bearing feedstocks, and by country of origin.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The data on imports of ferrous scrap is given in table 1.

HM Revenue & Customs (HMRC) is responsible for the collection and publication of data on imports and exports of goods to and from the UK. HMRC releases this information monthly, as an Accredited National Statistic called the Overseas Trade in Goods Statistics (OTS), which is available via their dedicated website (www.uktradeinfo.com ).

Table 1: UK import volumes (kg) of Iron ore per year, from 2023 to 2025

Country

2023

2024

2025

Sweden

944,860,000

650,899,243

909,881,920

Brazil

1,293,175,122

524,445,534

598,107,272

Canada

1,290,465,000

496,900,000

565,870,677

Norway

1,187,212,714

368,949,807

27,807,184

United States

596,604,115

492,035,282

215,978,363

South Africa

745,243,000

16,017,200

188,157,000

Mauritania

315,269,000

248,684,000

356,403,000

Liberia

379,172,000

243,407,200

India

127,150,000

71,500,000

Vatican City

158,257,000

Egypt

92,702,000

46,135,000

Uruguay

47,868,000

82,184,000

Libya

49,597,000

47,248,000

Netherlands

329,102

78,165,633

278,805

Trinidad:Tobago

43,061,000

Australia

35,718,811

Turkey

117,089

258,720

282,240

France

27,193

1,920

Germany

23,086

Spain

3,018

6,178

UK

2,397

3,560

1,550

Chile

450

Sierra Leone

233

Ukraine

203

Italy

95

Ireland

14

China

2

Grand Total

7,263,793,093

3,409,897,402

2,862,776,437

Source: HMRC Overseas Trade Statistics / UK TradeInfo.com

Notes

• Data for 2023-2025 are for calendar years

• HS8 26011100, 260112000, 26012000

• Import trade is on a country of origin basis

• 2025 is an open year and is therefore provisional and is subject to change

• Country of origin is not required on trade declared through the Intrastat system

Financial Ombudsman Service
Asked by: Lord Cromwell (Crossbench - Excepted Hereditary)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what steps they are taking to ensure that Financial Ombudsman Service determinations do not impose new regulatory expectations on firms operating investment platforms or providing custody and administration services for Self-Invested Personal Pensions outside the Financial Conduct Authority framework; and what safeguards are in place to ensure that the Financial Ombudsman Service does not apply rules, standards or guidance retrospectively in its determinations.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The Government recently carried out a review of the Financial Ombudsman Service (FOS), and consulted on proposed changes to the statutory framework in which it operates. On 16 March, the Government published a response to its consultation on reforming the FOS, confirming it will legislate to stop the FOS acting as a quasi-regulator and provide greater regulatory coherence with the FCA.

The FOS was not intended to create binding precedents or new rules through its determinations, which are made based on all the individual circumstances of the case. The Government’s review concluded that there was not always coherence between the regulatory approach set by the Financial Conduct Authority (FCA) and the approach used by the FOS in determining individual complaints and, in a small but significant minority of cases, this led to the FOS acting as a quasi-regulator.

The Government’s reforms will amend the ‘Fair and Reasonable’ test to require that, where firms have met their obligations under relevant FCA Rules, the FOS will be required to find that a firm has acted fairly and reasonably. They will also make clear that the FOS can only consider rules that were in force at the time of the act or omission giving rise to a complaint. These reforms require primary legislation, which the government will take forward when Parliamentary time allows.

Alongside the Government’s planned legislative changes, the FCA and FOS are currently consulting on changes to the Dispute Resolution (DISP) rules in the FCA’s Handbook, which also proposes changes to address industry concerns about the potential for retrospective interpretation of FCA rules and standards.

All FCA authorised firms are subject to the same core regulatory requirements. The FCA communicates to firms, for example through their “Approach to Supervision” publication, that different business models including investment platforms and SIPP providers create different risk and therefore there are different expectations of the firms. The FCA expects firms to understand these risks and mitigate against them. Where appropriate, the FCA will clarify their expectations of different firms. Firms must also meet additional requirements, either rules or guidance, set out by the FCA depending on the specific regulated activities and permissions a firm undertakes and holds.

Council Tax: Surcharges
Asked by: James Cleverly (Conservative - Braintree)
Thursday 9th April 2026

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the Budget Policy Costing 2025, November 2025, page 51, on the High Value Council Tax Surcharge, what proportion of the (a) -£60 million impact in 2025-26, (b) -£120 million impact in 2026-27 and (c) -£155 million impact in 2027-28 is from (i) lower stamp duty, (ii) lower capital gain tax, (iii) lower inheritance tax and (iv) lower Annual Tax on Enveloped Dwellings receipts, in each case and year.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

The OBR publishes a breakdown of the Budget 2025 policy costings here:

Policy costings - Office for Budget Responsibility

Building Societies: Closures
Asked by: Lord Black of Brentwood (Conservative - Life peer)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of whether building societies exercise their powers to terminate membership of their members fairly and proportionately.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The Government is keen to ensure that regulation is proportionate and gives building societies the flexibility to choose what works best for them within the mutual model. It would be inappropriate for the Government to comment on specific governance decisions taken by a building society within the legal framework.

A building society's membership policy is set out in the society's rulebook. If an individual feels procedure has not been followed, they can raise a formal complaint with the building society directly.

Where termination of membership also results in loss of access to a payment service, further protections may also apply. In June 2025, the Government legislated to require payment service providers to give customers at least 90 days’ notice before closing their account or terminating a payment service and provide a sufficiently detailed and specific explanation so the customer can understand why it is being terminated. These rules come into force for relevant new contracts from April 2026 and will ensure more transparent and predictable access to payment services, giving customers the time and information they need to challenge decisions or find alternative arrangements.

Bank Reserves
Asked by: Lord Sikka (Labour - Life peer)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what amount of interest has been paid to commercial banks on central bank reserves in each of the last ten years; and whether they have considered ending such payments.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

Data on the interest paid on central bank reserves backed by bonds held in the Asset Purchase Facility is made publicly available by the Office for National Statistics in its monthly Public Sector Finances publication.

Time period

Interest payable
(£ million)

Dataset identifier code

MDD7

2015

1,872

2016

1,515

2017

1,501

2018

3,434

2019

3,374

2020

1,078

2021

941

2022

13,394

2023

38,233

2024

36,335

2025

25,910

These data refer to reserves backed only by bonds held in the Asset Purchase Facility. While data on total interest paid is not available, the Bank of England does publish the aggregate level of outstanding reserves and the Bank Rate.

Paying interest on reserves is an important part of the transmission of monetary policy to the real economy and there are no plans to change the way reserves are remunerated at the Bank of England.

Bank of England Asset Purchase Facility Fund
Asked by: Lord Sikka (Labour - Life peer)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what amounts associated with the Bank of England Asset Purchase Facility are included in the cumulative government debt; and whether they plan to exclude them from the total.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

Information on the contribution to debt from the Bank of England and Asset Purchase Facility are routinely published in the monthly Public Sector Finances statistical release. The latest release, published by the Office for National Statistics on 20th March, showed that the impact on government debt from Asset Purchase Facility gilt holdings was £85.1 billion at the end of February 2026.

The Government's fiscal rules target net financial debt (Public sector net financial liabilities), to prioritise investment to drive long-term growth while getting debt falling as a share of the economy. Net financial debt includes the Bank of England’s balance sheet activities, including the Asset Purchase Facility.

Financial Services: Regulation
Asked by: Lord Sikka (Labour - Life peer)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what plans they have to revise regulation of shadow banks following the collapse of Market Financial Solutions.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The Treasury continues to work closely with the Bank of England and the regulators to monitor and respond to developments in the non-bank financial sector. The Treasury keeps the regulatory framework under review and is closely engaged in international work to understand and mitigate financial stability risks in respect of non-banks, including at the Financial Stability Board and G7.

Iron and Steel: Imports
Asked by: Lord Sharpe of Epsom (Conservative - Life peer)
Thursday 9th April 2026

Question to the HM Treasury:

To ask His Majesty's Government what was the value and volume of steel imported into the UK in each of the last three calendar years, broken down by country of origin; and what percentage of total steel imports each country accounted for in each year.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The data on imports of steel is given in the attached tables in Annex A (volume) and Annex B (value).


HM Revenue & Customs (HMRC) is responsible for the collection and publication of data on imports and exports of goods to and from the UK. HMRC releases this information monthly, as an Accredited National Statistic called the Overseas Trade in Goods Statistics (OTS), which is available via their dedicated website (www.uktradeinfo.com ).



Petitions

Increase student loan repayment thresholds with inflation

Petition Open - 62 Signatures

Sign this petition 30 Sep 2026
closes in 5 months

Abandon the policy of freezing the thresholds at which student loans are repaid and instead increase the repayment thresholds in line with inflation.

Raise the personal tax allowance to £18,000

Petition Open - 13,211 Signatures

Sign this petition 30 Sep 2026
closes in 5 months

Since 2021 personal tax allowance has been frozen at £12,570. This freeze was due to expire this year but the Chancellor of the Exchequer has extended it to 2031.
We want to keep some more of our own money.

Exempt all Pensioners from Council Tax.

Petition Open - 164 Signatures

Sign this petition 30 Sep 2026
closes in 5 months

We call on Parliament to pass a law which exempts all pensioners from paying Council Tax. Current provisions only ensure that pensioners on the lowest incomes receive full relief, yet many others, particularly those on modest but above-threshold incomes, still pay this tax.

Stop taxing Longer Separation Allowance on British armed forces

Petition Open - 31 Signatures

Sign this petition 9 Oct 2026
closes in 5 months, 2 weeks

We want the Government to stop taxing Longer Separation Allowance (LSA) which compensates British service personnel for unavoidable extended time away from their families due to deployments and training.

Cut alcohol duty and VAT for pubs and restaurants & consider new bank holiday

Petition Open - 38 Signatures

Sign this petition 8 Oct 2026
closes in 5 months, 2 weeks

Reduce alcohol duty and VAT for drinks and food sold in pubs, bars and restaurants. Consider introducing a national “Pub Day” bank holiday to support local pubs and hospitality businesses and help revive struggling town centres.



Department Publications - Statistics
Tuesday 31st March 2026
HM Treasury
Source Page: GDP deflators at market prices, and money GDP March 2026 (Quarterly National Accounts)
Document: (Excel)
Tuesday 31st March 2026
HM Treasury
Source Page: GDP deflators at market prices, and money GDP March 2026 (Quarterly National Accounts)
Document: GDP deflators at market prices, and money GDP March 2026 (Quarterly National Accounts) (webpage)
Tuesday 7th April 2026
HM Treasury
Source Page: UK official holdings of international reserves: March 2026
Document: (PDF)
Tuesday 7th April 2026
HM Treasury
Source Page: UK official holdings of international reserves: March 2026
Document: UK official holdings of international reserves: March 2026 (webpage)


Department Publications - Policy paper
Thursday 2nd April 2026
HM Treasury
Source Page: Treasury Minutes – April 2026
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: Treasury Minutes – April 2026
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: Treasury Minutes – April 2026
Document: Treasury Minutes – April 2026 (webpage)
Thursday 2nd April 2026
HM Treasury
Source Page: User and Preparer Advisory Group Minutes: November 2025
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: User and Preparer Advisory Group Minutes: November 2025
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: User and Preparer Advisory Group Minutes: November 2025
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: User and Preparer Advisory Group Minutes: November 2025
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: User and Preparer Advisory Group Minutes: November 2025
Document: User and Preparer Advisory Group Minutes: November 2025 (webpage)
Wednesday 8th April 2026
HM Treasury
Source Page: U.S. – UK Financial Regulatory Working Group Winter 2026: Joint Statement
Document: U.S. – UK Financial Regulatory Working Group Winter 2026: Joint Statement (webpage)


Department Publications - Transparency
Thursday 2nd April 2026
HM Treasury
Source Page: FRAB minutes and associated papers: 19 March 2026
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: FRAB minutes and associated papers: 19 March 2026
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: FRAB minutes and associated papers: 19 March 2026
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: FRAB minutes and associated papers: 19 March 2026
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: FRAB minutes and associated papers: 19 March 2026
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: FRAB minutes and associated papers: 19 March 2026
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: FRAB minutes and associated papers: 19 March 2026
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: FRAB minutes and associated papers: 19 March 2026
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: FRAB minutes and associated papers: 19 March 2026
Document: (PDF)
Thursday 2nd April 2026
HM Treasury
Source Page: FRAB minutes and associated papers: 19 March 2026
Document: FRAB minutes and associated papers: 19 March 2026 (webpage)
Thursday 2nd April 2026
HM Treasury
Source Page: FRAB minutes and associated papers: 19 March 2026
Document: (PDF)


Department Publications - News and Communications
Tuesday 7th April 2026
HM Treasury
Source Page: Britain’s innovators backed with around £100m of new investment
Document: Britain’s innovators backed with around £100m of new investment (webpage)



HM Treasury mentioned

Select Committee Documents
Tuesday 7th April 2026
Government Response - Treasury minutes: Government response to the Committee of Public Accounts on the Sixty-seventh report from Session 2024-26

Public Accounts Committee

Found: HM Treasury

Tuesday 7th April 2026
Government Response - Treasury minutes: Government response to the Committee of Public Accounts on the Sixty-sixth report from Session 2024-26

Public Accounts Committee

Found: HM Treasury

Tuesday 7th April 2026
Government Response - Treasury minutes: Government response to the Committee of Public Accounts on the Sity-fourth report from Session 2024-26

Public Accounts Committee

Found: HM Treasury

Tuesday 7th April 2026
Government Response - Treasury minutes: Government response to the Committee of Public Accounts on the Sixty-fifth report from Session 2024-26

Public Accounts Committee

Found: HM Treasury

Tuesday 7th April 2026
Government Response - Treasury minutes: Government response to the Committee of Public Accounts on the Sixty-third report from Session 2024-26

Public Accounts Committee

Found: HM Treasury

Tuesday 7th April 2026
Government Response - Treasury minutes: Government response to the Committee of Public Accounts on the Sixty-second report from Session 2024-26

Public Accounts Committee

Found: HM Treasury

Wednesday 1st April 2026
Government Response - Treasury minutes: Government response to the Committee of Public Accounts on the Fifty-eighth report from Session 2024-26

Public Accounts Committee

Found: HM Treasury

Wednesday 1st April 2026
Government Response - Treasury minutes: Government response to the Committee of Public Accounts on the Sixtieth report from Session 2024-26

Public Accounts Committee

Found: HM Treasury

Wednesday 1st April 2026
Government Response - Treasury minutes: Government response to the Committee of Public Accounts on the Sixty-first report from Session 2024-26

Public Accounts Committee

Found: HM Treasury

Wednesday 1st April 2026
Government Response - Treasury minutes: Government response to the Committee of Public Accounts on the Fifty-ninth report from Session 2024-26

Public Accounts Committee

Found: HM Treasury

Wednesday 1st April 2026
Government Response - Treasury minutes: Government response to the Committee of Public Accounts on the Fifty-seventh report from Session 2024-26

Public Accounts Committee

Found: HM Treasury

Tuesday 31st March 2026
Estimate memoranda - NAO Vote on Account 2026-27

Public Accounts Commission Committee

Found: The National Audit Office is outside of the HM Treasury Spending Review process and receives spending

Wednesday 11th March 2026
Oral Evidence - Bank of England, and Bank of England

Growth and proposed regulation of stablecoins in the UK - Financial Services Regulation Committee

Found: Therefore, as currently proposed, a stablecoin issuer recognised as systemic by HM Treasury and having



Written Answers
Private Education: VAT
Asked by: Saqib Bhatti (Conservative - Meriden and Solihull East)
Wednesday 8th April 2026

Question to the Department for Education:

To ask the Secretary of State for Education, what estimate she has made of the number and proportion of pupils that would need to move from the independent to the state sector for VAT revenue from school fees to fall below the additional cost of educating those pupils in the state sector.

Answered by Olivia Bailey - Parliamentary Under-Secretary of State (Department for Education) (Equalities)

HM Treasury published a tax information and impact note on applying VAT to private school fees: https://www.gov.uk/government/publications/vat-on-private-school-fees/applying-vat-to-private-school-fees. This is a comprehensive assessment of the VAT policy, including estimated revenue and costs of increased pupil numbers in the state sector.

Domestic Abuse: Financial Services
Asked by: Vikki Slade (Liberal Democrat - Mid Dorset and North Poole)
Wednesday 8th April 2026

Question to the Home Office:

To ask the Secretary of State for the Home Department, with reference to page 59 of her Department's document entitled Freedom from Violence and Abuse: a cross-government strategy to build a safer society for women and girls, Volume 1: Strategy, published on 18 December 2025, whether her discussions with stakeholders on the misuse of joint financial products will include domestic abuse service providers.

Answered by Jess Phillips - Parliamentary Under-Secretary (Home Office)

In the Violence Against Women and Girls Strategy, HM Treasury undertook work with key stakeholders to explore how joint mortgages are used as a tool of abuse and how victims and survivors can be better supported.

The Government’s Financial Inclusion Strategy considers economic abuse as a key theme in recognition of the particular challenges victim-survivors’ can face in accessing financial products and services. This includes exploring how joint mortgages are used as a tool of abuse and how victims and survivors can be better supported. As part of this, HM Treasury are working closely with charity Surviving Economic Abuse who have been appointed a member of the Financial Inclusion Committee going forward to help inform the delivery of key interventions.

In addition, the Financial Conduct Authority (FCA) also held lived experience sessions with victim-survivors of economic abuse as part of their Mortgages Rule Review which HM Treasury also engaged in.

Artificial Intelligence: Employment
Asked by: Jim Shannon (Democratic Unionist Party - Strangford)
Monday 30th March 2026

Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, what recent assessment her Department has made of the potential impact of artificial intelligence on employment in the next five years.

Answered by Kanishka Narayan - Parliamentary Under Secretary of State (Department for Science, Innovation and Technology)

The Government recognises that AI is transforming workplaces, demanding new skills and augmenting existing roles. We have launched the AI and the Future of Work Unit - a cross‑government function dedicated to ensuring AI delivers positive outcomes for the economy, jobs, and workers. We are preparing for a range of possible futures to ensure this transformation boosts productivity and opportunities and the Government launched an assessment of AI impacts on the labour markets in January 2026.

To build a digitally skilled workforce to support long-term economic growth, drive innovation and expand individual opportunity we are supporting AI Skills Boost to upskill 10 million workers in AI skills by 2030. We have already delivered more than 1 million AI training courses have been delivered to workers across the UK.

Building on the Future of Work Unit, the Chancellor announced a new AI Economics Institute in her recent Mais Lecture. This joint HMT-DSIT institute will incorporate the FoW Unit, as part of a broader focus on the economics of AI, including labour market, productivity and other impacts.



Parliamentary Research
Direct taxes: Rates and allowances for 2026/27 - CBP-10618
Apr. 07 2026

Found: (HMT), Autumn Statement 2022, CP 751, (PDF) November 2022 para 5.21; HMRC, Income Tax: Reducing the



Department Publications - Statistics
Thursday 9th April 2026
Foreign, Commonwealth & Development Office
Source Page: Statistics on International Development: provisional UK Official Development Assistance spend 2025
Document: (PDF)

Found: ), which spent £135 million on debt relief activity, an increase from £24 million in 2024, and HM Treasury

Thursday 9th April 2026
Foreign, Commonwealth & Development Office
Source Page: Statistics on International Development: provisional UK Official Development Assistance spend 2025
Document: (ODS)

Found: and Local Government 98.3 0.00698045446342412 69 0.00529288442910782 -29.3 -0.298067141403866 HM Treasury

Wednesday 1st April 2026
Ministry of Justice
Source Page: Harnessing English law for economic growth
Document: (PDF)

Found: the future: • The UK Cryptoassets Taskforce, a joint body of the Financial Conduct Authority, HM Treasury



Department Publications - Guidance
Thursday 9th April 2026
Department for Energy Security & Net Zero
Source Page: CCUS East Coast Cluster: NPT Pathfinder selection process
Document: (PDF)

Found: Support and expertise will also be drawn from across government including HM Treasury, the National

Wednesday 8th April 2026
Ministry of Housing, Communities and Local Government
Source Page: Borderlands Inclusive Growth Deal: Privacy notice
Document: Borderlands Inclusive Growth Deal: Privacy notice (webpage)

Found: the Secretary of State for Wales Northern Ireland Office Department for Culture, Media and Sport HM Treasury

Wednesday 8th April 2026
Home Office
Source Page: Immigration Rules archive: 26 March 2026 to 1 April 2026
Document: (PDF)

Found: employees of other central banks, financial institutions and finance ministries to undertake a work HM Treasury

Wednesday 1st April 2026
Cabinet Office
Source Page: Spend controls framework
Document: Spend controls framework (webpage)

Found: Spending outside delegated authorities (for HM Treasury/IPA led approvals) HM Treasury approves: all

Wednesday 1st April 2026
Cabinet Office
Source Page: Spend controls framework
Document: chapter 3 of the managing public money guidance (PDF)

Found: (HMT) spending teams.



Department Publications - Policy paper
Tuesday 7th April 2026
Department for Science, Innovation & Technology
Source Page: Digital and Data Benefits framework
Document: (PDF)

Found: Data for use in Business Cases and other associated products ● Should be used in conjunction with the HMT



Department Publications - Transparency
Tuesday 31st March 2026
Department for Environment, Food and Rural Affairs
Source Page: Defra: spending over £25,000, December 2025
Document: View online (webpage)

Found: ">Corporate

Government Internal Audit Agency - HM Treasury



Non-Departmental Publications - Transparency
Apr. 09 2026
Wallace Collection
Source Page: The Wallace Collection Annual Report and Accounts 2024 to 2025
Document: (PDF)
Transparency

Found: in a form directed by the Secretary of State for Culture, Media and Sport with the consent of HM Treasury

Apr. 08 2026
Disclosure and Barring Service
Source Page: DBS business plan: 2026-27
Document: (PDF)
Transparency

Found: This position is subject to change depending on the outcome of discussions between DBS, HO, HMT and

Apr. 07 2026
Arts Council of Wales
Source Page: Arts Council of Wales lottery distribution account 2024 to 2025
Document: (PDF)
Transparency

Found: Managing Welsh Public Money published by the Welsh Government and Managing Public Money published by HM Treasury

Apr. 02 2026
The Insolvency Service
Source Page: The Insolvency Service Sustainability Strategy 2025 to 2030
Document: (webpage)
Transparency

Found: Managed by Defra, in collaboration with departments including the Cabinet Office, DBT, DESNZ, and HM Treasury

Apr. 02 2026
Environment Agency
Source Page: Fens 2100+ supporting information
Document: (PDF)
Transparency

Found: [Accessed January 2025]. [25] HM Treasury, “The Green Book,” 16 May 2024. [Online].

Apr. 02 2026
Environment Agency
Source Page: Steeping River: Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: HM Treasury discount rates are used, which adjust for social time preference, defined as the value

Apr. 02 2026
Environment Agency
Source Page: Steeping River: Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: [3] HM Treasury, “The Green Book,” 2022. [Online].

Apr. 02 2026
Environment Agency
Source Page: Witham East and West Fens - Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: HM Treasury discount rates are used, which adjust for social time preference, defined as the value

Apr. 02 2026
Environment Agency
Source Page: Witham East and West Fens - Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: [3] HM Treasury, “The Green Book,” 2022. [Online].

Apr. 02 2026
Environment Agency
Source Page: Witham South Forty Foot Drain - Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: HM Treasury discount rates are used, which adjust for social time preference, defined as the value society

Apr. 02 2026
Environment Agency
Source Page: Witham South Forty Foot Drain - Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: [4] HM Treasury, “The Green Book,” 2022. [Online].

Apr. 02 2026
Environment Agency
Source Page: Lower Witham - Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: [Accessed 06 June 2025]. [3] HM Treasury, “The Green Book,” 2022. [Online].

Apr. 02 2026
Environment Agency
Source Page: Lower Welland - Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: “Agriculture baseline, in Lower Welland Environment and Agriculture Appendix,” ARUP, 2025. [4] HM Treasury

Apr. 02 2026
Environment Agency
Source Page: Lower Welland - Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: HM Treasury discount rates are used, which adjust for social time preference, defined as the value

Apr. 02 2026
Environment Agency
Source Page: Lower Nene - Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: HM Treasury discount rates are used, which adjust for social time preference, defined as the value

Apr. 02 2026
Environment Agency
Source Page: Lower Nene - Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: [2] HM Treasury, “The Green Book,” 2022. [Online].

Apr. 02 2026
Environment Agency
Source Page: Great Ouse - Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: [3] HM Treasury, “The Green Book,” 2022. [Online].

Apr. 02 2026
Environment Agency
Source Page: Great Ouse - Fens 2100+ baseline evidence report and appendices
Document: (PDF)
Transparency

Found: HM Treasury discount rates are used, which adjust for social time preference, defined as the value

Mar. 31 2026
HM Land Registry
Source Page: HM Land Registry Business Plan 2026+
Document: (PDF)
Transparency

Found: Departmental Expenditure Limit (RDEL) and Capital Departmental Expenditure Limit (CDEL) from HM Treasury

Mar. 31 2026
National Infrastructure and Service Transformation Authority
Source Page: Government Major Projects Portfolio
Document: (ODS)
Transparency

Found: _0292_2324-Q3 Enterprise Customer Relationship Management HMRC HMT_0004_2021-Q2 NS&I Transformation HMT



Non-Departmental Publications - Guidance and Regulation
Apr. 08 2026
UK Visas and Immigration
Source Page: Immigration Rules archive: 26 March 2026 to 1 April 2026
Document: (PDF)
Guidance and Regulation

Found: employees of other central banks, financial institutions and finance ministries to undertake a work HM Treasury

Mar. 31 2026
Office of Financial Sanctions Implementation
Source Page: OFSI General Licence INT/2022/2300292
Document: (PDF)
Guidance and Regulation

Found: monthly basis Within 30 days of the end of a Yearly Quarter, the UK DP must make a report to HM Treasury

Mar. 31 2026
Office of Financial Sanctions Implementation
Source Page: OFSI General Licence INT/2022/2300292
Document: (PDF)
Guidance and Regulation

Found: Office of Financial Sanctions Implementation HM Treasury



Non-Departmental Publications - News and Communications
Apr. 07 2026
Upper Tribunal (Tax and Chancery Chamber)
Source Page: [2026] UKUT 00144 (TCC) Forster T/as Premier Research and Marketing v The Financial Conduct Authority
Document: UT/2024/000145 Forster T/as Premier Research and Marketing v The Financial Conduct Authority (PDF)
News and Communications

Found: Proportionality is assessed using the structured approach in Bank Mellat v HM Treasury [2013] UKSC 39

Mar. 31 2026
National Infrastructure and Service Transformation Authority
Source Page: Government refocuses major projects to boost delivery of national priorities
Document: “mega projects” (PDF)
News and Communications

Found: (HMT), the National Infrastructure and Service Transformation Authority (NISTA) and Cabinet Office (

Mar. 31 2026
National Infrastructure and Service Transformation Authority
Source Page: Government refocuses major projects to boost delivery of national priorities
Document: Government refocuses major projects to boost delivery of national priorities (webpage)
News and Communications

Found: Projects not on the GMPP but still requiring HM Treasury approval will continue to have their expenditure



Non-Departmental Publications - Policy paper
Apr. 07 2026
Government Digital Service
Source Page: Digital and Data Benefits framework
Document: (PDF)
Policy paper

Found: Data for use in Business Cases and other associated products ● Should be used in conjunction with the HMT

Mar. 31 2026
Homes England
Source Page: Homes England and National Housing Bank investment prospectus 2026
Document: (PDF)
Policy paper

Found: Transaction Control Framework, ensuring long-term value for money by deploying finance in line with HM Treasury



Non-Departmental Publications - Statistics
Apr. 01 2026
Regulatory Policy Committee
Source Page: RPC opinion: Review of the Private Rented Sector Energy Efficiency Regulations (domestic)
Document: review (PDF)
Statistics

Found: Quasi-experimental methods are recommended by the HM Treasury Green Book and Magenta Book as the most

Apr. 01 2026
Low Pay Commission
Source Page: The National Minimum Wage in 2026
Document: (Excel)
Statistics

Found: inflation forecasts from the Office for Budget Responsibility (OBR), the Bank of England (BoE)and the HM Treasury

Apr. 01 2026
Low Pay Commission
Source Page: The National Minimum Wage in 2026
Document: (PDF)
Statistics

Found: inflation forecasts from the Office for Budget Responsibility (OBR), the Bank of England (BoE)and the HM Treasury

Mar. 31 2026
Regulatory Policy Committee
Source Page: RPC opinion: Extension of the UK REACH Transitional Registration Deadlines 2025
Document: options assessment (PDF)
Statistics

Found: This is set to an annual rate of 3.5% for the 10-year appraisal period, in line with HMT Greenbook



Deposited Papers
Wednesday 1st April 2026

Source Page: British Council: Annual Report and Accounts 2024–25. 46p.
Document: British_Council_Annual_Report_and_Accounts_2024-25.pdf (PDF)

Found: Comptroller and Auditor General (the National Audit Office) by mutual agreement with the FCDO and HM Treasury

Wednesday 1st April 2026

Source Page: Government response to the recommendations from the independent review of Arts Council England. [Updated 26 March 2026]. 25p.
Document: HMG_Response_to_the_Independent_Review_of_Arts_Council_England.pdf (PDF)

Found: Where recommendations include proposals on tax policy, DCMS will be providing evidence to HM Treasury




HM Treasury mentioned in Welsh results


Welsh Committee Publications

PDF - Committee report

Inquiry: Welsh Government 2024-2025


Found: Committee recommends that the Welsh Government provides an update on discussions it has held with HM Treasury


PDF - report

Inquiry: Welsh Government 2024-2025


Found: Committee recommends that the Welsh Government provides an update on discussions it has held with HM Treasury


PDF - response

Inquiry: Scrutiny of the Welsh Government Second Supplementary Budget 2021-22


Found: financial year and calls on the Welsh Government to provide an update on any discussions it has with HM Treasury


PDF - Letter from the Deputy First Minister on the Disused Mine and Quarry Tips (Wales) Bill: Logic models and the theory of change - 31 March

Inquiry: Report on the Disused Mine and Quarry Tips (Wales) Bill


Found: Logic models and theories of change are commonly used to evaluate policies (see for example HM Treasury



Welsh Government Publications
Wednesday 8th April 2026

Source Page: Adnodd funding and remit: 2026 to 2027
Document: Adnodd funding: 2026 to 2027 (PDF)

Found: HM Treasury has also ringfenced the IFRS16 budget available until 2025-26.

Wednesday 8th April 2026

Source Page: Recommendations of the Climate Adaptation report: government response
Document: Recommendations of the Climate Adaptation report: government response (PDF)

Found: From a UK Government perspective, the Green Book has recently been reviewed by HM Treasury, which included

Tuesday 7th April 2026

Source Page: Local Growth Fund: socio-economic analysis of Wales
Document: Local Growth Fund: socio-economic analysis of Wales (PDF)

Found: falling over recent decades, the gap between Wales and the UK has remained relatively stable. 40 HM Treasury

Tuesday 7th April 2026

Source Page: Integration and rebalancing capital fund
Document: Integration and rebalancing capital fund (webpage)

Found: All IRCF applications are subject to HMT Green Book principles in relation to the 5 case business model

Tuesday 7th April 2026

Source Page: Sustainable Communities for Learning: business case guidance
Document: Annex 1a: capital business case template (webpage)

Found: project provides good value for money Changes since SOC and OBC were approved Confirmation of HM Treasury

Tuesday 7th April 2026

Source Page: Sustainable Communities for Learning: business case guidance
Document: Annex 1b: MIM business case template (webpage)

Found: figures, we have made an adjustment to reflect: An allowance of Optimism Bias, in accordance with HM Treasury

Tuesday 7th April 2026

Source Page: Sustainable Communities for Learning: business case guidance
Document: Sustainable Communities for Learning: business case guidance (PDF)

Found: Where a Net Zero Carbon (“NZC”) scheme is being proposed by an authority, the HMT Green Book compliant

Tuesday 7th April 2026

Source Page: Sustainable Communities for Learning: business case guidance
Document: Annex 4: options appraisal template (worked example) (Excel)

Found: - As determined by plans for transition period and scheme implementation programmeUSEFUL LINKS:*HM Treasury

Tuesday 7th April 2026

Source Page: Sustainable Communities for Learning: business case guidance
Document: Annex 5: options appraisal template (blank) (Excel)

Found: The file assumes that users have a basic knowledge and understanding of the HM Treasury Green Book and

Tuesday 7th April 2026

Source Page: Sustainable Communities for Learning: business case guidance
Document: Annex 10b: net zero carbon template (Excel)

Found: In line with the HM Treasury guidance, quantification of costs and benefits of the NZC options requires

Thursday 2nd April 2026

Source Page: Financial support for Transport for Wales (TfW) 2026 to 2027
Document: Financial support for Transport for Wales (TfW) 2026 to 2027 (PDF)

Found: as set out in your Business Plan 26/27, provided that all acquisitions are in accordance with HM Treasury