Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions her Department has had with the Crown Estate on using the borrowing powers in the Crown Estate Act 2025.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Treasury and The Crown Estate continue to have regular dialogue, including on The Crown Estate’s business plan and the use of the borrowing powers contained in the Crown Estate Act 2025.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what progress has been made on negotiating a partnership agreement between the Crown Estate and Great British Energy.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Crown Estate and Great British Energy have maintained a continuous dialogue as the Great British Energy Bill progresses through Parliament.

The partnership agreement will be finalised following the conclusion of legislative scrutiny to ensure all amendments are accounted for and the agreement aligns with the final legislative framework.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much Apprenticeship Levy has been (a) collected from and (b) provided to Northern Ireland employers in each of the last five years.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Reliable estimates of the revenue raised from businesses in Northern Ireland from the Apprenticeship Levy are not available as any estimate would need to be based on where employers are registered, and therefore would not necessarily reflect where the liabilities are accrued or where employees are based. Any estimate would not include businesses registered in Wales, Scotland, or England, who have a presence and pay employees in Northern Ireland.

While the Apprenticeship Levy is UK wide, apprenticeship policy and spending is devolved. This means that the devolved governments receive funding through the Barnett formula in relation to English apprenticeship spending as part of their block grant. The Block Grant Transparency publication breaks down all changes in the devolved governments’ block grant funding from the 2015 Spending Review up to and including Main Estimates 2023-24. The most recent report was published in July 2023. It is for the devolved governments to allocate their funding in devolved areas as they see fit, including investing in their skills programmes.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if her Department will make promoters of disguised remuneration schemes jointly liable for Loan Charge tax liabilities.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Government has commissioned an independent review of the Loan Charge. The review has a focused remit, allowing it to report by this summer and the Government will respond by Autumn Budget 2025.

Alongside the review, on 30 October 2024, the Government announced further measures to tackle promoters of marketed tax avoidance. On 26 March 2025 a consultation document was published setting out proposals to tackle these promoters. The Government has also already announced measures to tackle the significant tax avoidance and fraud in the umbrella company market.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 2 April 2025 to Question 41059 on Energy: Shops, whether Energy Performance Certificate is a positive material consideration for the Valuation Office Agency in the (a) council tax banding and (b) valuation of a property.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The impact of Energy Performance Certificates alone is unlikely to be significant in increasing a property’s Council Tax band. To band a property for Council Tax the Listing Officer of the VOA assesses a property’s value as being within a broad range of values as at 1 April 1991 in England, and 1 April 2003 in Wales. Whether a property has an Energy Performance Certificate is one of the many factors that may be taken into consideration but unless the value is close to the boundary between two bands, the effect of any energy efficient improvements is unlikely to result in a higher band.

Valuation of a property for other purposes may have regard to any Energy Performance Certificate relating to the property. Whether it is a material consideration will depend on the purpose of the valuation and the circumstances of the case.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps her Department is taking to help maintain the level of return on savings in the context of her proposal to consolidate pension schemes that have under £25 billion of assets.

Answered by Torsten Bell - Parliamentary Secretary (HM Treasury)

Increasing the returns on savings is a key priority of the Pensions Investment Review. Our proposals to consolidate schemes will improve efficiencies, reduce costs, and allow for more effective investment strategies. Together, the review and measures outlined in the King’s Speech, such as the Value for Money framework, are focussed on improving the levels of pension scheme performance and improving saver outcomes

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many times HMRC's Statutory Payment Consultation Group convened in each of the past 5 years.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Statutory Payments Consultation Group convened as follows:

2020 – once

2021 – once

2022 – once

2023 – not held

2024 - once

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment her Department has made of the adequacy of the accessibility of online HMRC services.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Accessibility is a priority for HMRC, and its digital services are continuously assessed against the obligations of the Public Sector Bodies Accessibility Regulations (PSBAR) (2018), which came into force in September 2020. Technical accessibility testing takes place when a new digital service is prepared for release to the public and again as it enters a mature, steady state. Any significant change to a service also requires an accessibility test to be conducted. This testing ensures that citizens who rely on assistive technologies, such as screen readers or dictation software, can use these tools to access the services and transact with HMRC.

In addition to this, HMRC strives to involve users of assistive technology in the research, design and development of its digital services which is key to building and running digital services that everyone can use.

There are also feedback mechanisms in place where citizens who run into accessibility issues with a live service can report these issues to our digital support team for investigation and resolution.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of increasing income tax bands on economic productivity.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Government is committed to keeping taxes for working people as low as possible while ensuring fiscal responsibility and so, at our first Budget, we decided not to extend the freeze on personal tax thresholds.

This decision was reflected in the OBR’s spring 2025 forecast which can be found here: https://obr.uk/economic-and-fiscal-outlooks/.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how the Valuation Office Agency obtains data on plot sizes of the (a) curtilage and (b) square area of a dwelling.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The VOA refers to scaled plans and maps when determining the plot size or ‘curtilage’ of a dwelling.

The square area of a dwelling may be calculated by direct measurement of the actual property. The VOA will also use scaled plans and may refer to the dimensions of a ‘house type’ when dealing with new housing developments, which comprise multiple dwellings of the same design.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the Valuation Office Agency backdates decisions on whether accommodation is liable for (a) council tax and (b) business rates.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The date from when liability for Council Tax and/or business rates takes effect is set out in legislation.

There are some circumstances when the legislation requires the Valuation Office Agency (VOA) to backdate the liability and others when the VOA must not do so. This principle applies to both Council Tax and business rates assessments.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when final disbursements will be made from the Woodford Equity Income Fund under the terms of the settlement scheme.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

In December 2023, investors in the Woodford Equity Income Fund voted to accept a settlement scheme, and in February 2024 the High Court approved the scheme to make it binding on Link Fund Solutions and all creditors. The scheme came into force on 5 March 2024, with investors having received a first redress payment by April 2024. That first payment amounted to over £185 million, out of a settlement fund of up to £230 million.

The rest of the settlement fund is being held as a reserve to enable Link Fund Solutions to meet any contingent liabilities. Any leftover money from the reserve will be distributed to investors covered by the scheme. The operation of the reserve is supervised by the scheme supervisors who are independent of Link Fund Solutions. The FCA are continuing to monitor the operation of the reserve and will monitor when and how distributions are being made.

Question to the HM Treasury:

To ask His Majesty's Government, further to the Written Answer by Lord Livermore on 11 February (HL4630), whether the Treasury Permanent Secretary has been informed of the identity of the ultimate donors who are financing the donations from Labour Together to the Chancellor of the Exchequer.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

There are established processes in place for the declaration and management of private and financial interests held by ministers (as set out in the Ministerial Code). These have been followed.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential (a) impact of the Spanish government's migration strategy on economic growth in that country and (b) merits of allowing asylum seekers to work.

Answered by Darren Jones - Chief Secretary to the Treasury

No assessment has been made on the impact of the Spanish government’s migration strategy on economic growth in Spain.

The Government is committed to ensuring the UK border is secure and has a properly controlled, functioning and managed asylum system. Our new approach is expected to reduce asylum spending in the UK by over £4 billion across 2024/25 and 2025/26

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many (a) press, (b) media and (c) other communications posts there are in her Department; and what the salary band is for each post.

Answered by James Murray - Exchequer Secretary (HM Treasury)

In the central HM Treasury communications team, there are a total of 40.9 Full Time Equivalent Government Communication Service professionals.

Of this total, 19 work in the media discipline which covers press and media responsibilities.

This is the latest available centrally collected data from June 2024.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many full-time-equivalent staff in her Department are employed in communications and public relations roles.

Answered by James Murray - Exchequer Secretary (HM Treasury)

In the central HM Treasury communications team, there are a total of 40.9 Full Time Equivalent Government Communication Service professionals.

Of this total, 19 work in the media discipline which covers press and media responsibilities.

This is the latest available centrally collected data from June 2024.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions she has had with the mid-tier banking sector on the Bank of England’s consultation on changes to thresholds for the minimum requirement for own funds and eligible liabilities, published on 15 October 2024; and if she will meet with sector representatives to discuss how it can support the (a) growth and (b) international competitiveness of the economy.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The Bank of England sets MREL requirements independently, though the government takes a close interest in the policy and engages regularly on it both with the Bank of England and with the banking sector, including mid-tier firms. The government’s engagement has included and will continue to include consideration of the impacts of MREL policy on the UK’s economic growth and international competitiveness. In recent months, the Chancellor and I have hosted a series of forums, including with small to mid-sized quoted companies, as the government works towards developing the first Financial Services Growth and Competitiveness Strategy, which forms part of the government’s modern Industrial Strategy.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent discussions she has had with the Secretary of State for Energy Security and Net Zero on release of the investment reserve of the British Coal Staff Superannuation Scheme to uplift pensions.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The Chancellor meets regularly with the Secretary of State for Energy Security and Net Zero to discuss a range of issues.

The Government is considering proposals put forward by the BCSSS Trustees and needs to understand their impacts for both scheme members and the Government, in the same way as we are doing for the Mineworkers’ Pension Scheme. The Government and BCSSS Trustees are working together to jointly commission analysis so that we can gain that understanding and work towards reaching agreement on a way forward.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps her Department is taking to help ensure that umbrella companies operating in the UK temporary labour market are adequately transparent about (a) workers' pay, (b) wage deductions and (c) statutory entitlements.

Answered by James Murray - Exchequer Secretary (HM Treasury)

I refer the hon. Member for Cheadle to the answer of 1 May 2025 to Questions 47914 and 47915.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of allocating a portion of the financial penalties collected by the Financial Conduct Authority to fund financial redress to people affected by the collapse of Football Index and BetIndex Limited.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The government recognises the significant impact the collapse of BetIndex Ltd had on former customers.

Revenue from FCA fines is used to benefit the taxpaying public. First, the FCA deducts the costs of enforcement from its fine income. Any money left over is passed to the Treasury in accordance with the Financial Services and Markets Act 2000. The Treasury must surrender it to the Consolidated Fund and is then part of the Government’s total revenues, used to pay for all Government spending on public services like hospitals, hospices, and other crucial services. The Government has no plans to change this approach.

The previous Government concluded that it would not be appropriate for the Government to use public funds to provide compensation for those who had lost money through the collapse of Football Index and BetIndex. Whilst the Government strongly sympathises with all who were impacted, we do not think this decision should be reopened.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps her Department is taking to help ensure that umbrella companies correctly (a) deduct and (b) remit (i) Income Tax and (ii) National Insurance contributions on behalf of temporary workers.

Answered by James Murray - Exchequer Secretary (HM Treasury)

I refer the hon. Member for Cheadle to the answer of 1 May 2025 to Questions 47914 and 47915.

Question to the HM Treasury:

To ask His Majesty's Government what meetings the Chancellor of the Exchequer has had with Heathrow Airport Limited since its acquisition by a consortium led by Ardian in December 2024.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

Treasury Ministers regularly meet with airports and other stakeholders across the aviation sector and value this engagement. Ministers have met with Heathrow Airport Limited during this period. These meetings continue to inform the Government’s position on Heathrow expansion.

Question to the HM Treasury:

To ask His Majesty's Government what meetings Ministers in the Treasury have had with Heathrow Airport Limited since its acquisition by a consortium led by Ardian in December 2024.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

Treasury Ministers regularly meet with airports and other stakeholders across the aviation sector and value this engagement. Ministers have met with Heathrow Airport Limited during this period. These meetings continue to inform the Government’s position on Heathrow expansion.

Question to the HM Treasury:

To ask His Majesty's Government what was the (1) value, and (2) tonnage of (a) scrap copper and, (b) scrap steel, that the UK exported in the last year for which figures are available.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The value and tonnage of scrap steel and copper exported from the UK in 2024 is as follows:

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 official statistic called the Overseas Trade in Goods Statistics (OTS), which is available via their dedicated website (www.uktradeinfo.com). From this website, it is possible to build your own data tables based upon bespoke search criteria.

Question to the HM Treasury:

To ask His Majesty's Government what discussions they had with devolved governments ahead of the Chancellor's meeting with Treasury counterparts in the United States.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The Chancellor attended the International Monetary Fund and World Bank meetings between 22^nd and 25^th April 2025.

During this time, she met with the US Treasury Secretary, as part of a typical programme of engagement with her finance minister counterparts, and the US was among other bilateral meetings.

When meeting the US Treasury Secretary, the Chancellor discussed matters of reserved policy for which she is responsible.

The UK government, including the Chancellor, regularly engage with counterparts from other nations to progress matters of national interest.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she plans to review the thresholds for Small Business Rate Relief to reflect changes in rateable values ahead of the 2026 revaluation.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Currently, Small Business Rate Relief (SBRR) is available to businesses with a single property below a set rateable value. Eligible properties under £12,000 will receive 100 per cent relief, which means over a third of businesses in England (more than 700,000) pay no business rates at all. There is also tapered support available to properties valued between £12,000 and £15,000, which an additional c.60,000 businesses benefit from.

The Government is committed to retaining SBRR, which is a permanent relief set down in legislation. As highlighted in the Transforming Business Rates Discussion Paper published at Autumn Budget 2024, the Government is interested in hearing stakeholders’ views on the extent to which the current system acts as a barrier to investment and specifically, whether the current eligibility criteria for SBRR impacts businesses' incentives to invest and expand into a second property.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of excluding CCTV systems used for security purposes from business rates valuations.

Answered by James Murray - Exchequer Secretary (HM Treasury)

At the Autumn Budget, the government published the Transforming Business Rates Discussion Paper, which sets out priority areas for reform. This paper invites industry to help co-design a fairer business rates system that supports investment and is fit for the 21st century.

In summer, the Government will publish an interim report that sets out a clear direction of travel for the business rates system, with further policy detail to follow at Autumn Budget 2025.

Improvement Relief was introduced in April 2024 and provides 12 months of relief for qualifying improvements to a property, including installation of CCTV where this increases a property’s RV.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many taxpayers in (a) Buckinghamshire and (b) Milton Keynes she estimates will be affected by changes to the Income Tax Self Assessment criteria.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The information is not available. HMRC does not hold unitary authority-level estimates of taxpayers who could be affected by changes to the Income Tax Self-Assessment following the criteria review.

Question to the HM Treasury:

To ask His Majesty's Government what actions they are taking to support negotiations on the United Nations framework convention on international tax co-operation.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The UK is committed to working with all stakeholders to ensure inclusive and effective international tax cooperation, and has been actively engaging in negotiations at the UN over a future Framework Convention.

The UK believes that a UN Tax Framework Convention has the potential to further advance international tax cooperation, but to be successful, it needs to be clear in its aims, avoid duplicating initiatives, and seek to secure the broad support and participation of members.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the funding provided to Grangemouth through the National Wealth Fund must be spent on recommendations made through Project Willow.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the Supreme Court judgement in the case of For Women Scotland v The Scottish Ministers of 16 April 2025, whether her Department plans to amend its policy on the use of women-only spaces in its buildings by transgender women.

Answered by James Murray - Exchequer Secretary (HM Treasury)

HM Treasury is working with Government People Group in the Cabinet Office to understand the revised model policies and will implement required changes accordingly.

Question to the HM Treasury:

To ask His Majesty's Government what action they are taking to combat the pricing strategies of (1) under-shifting, and (2) over-shifting, by the tobacco industry to protect the public health aims of tobacco taxation.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

Like most businesses across the economy, tobacco producers and retailers are free to set prices for their products. Evidence suggests that close to 100% of tax increases, and in many cases more, is passed through to consumers through prices. How this is distributed across products is a matter for the individual firms.

The UK has some of the highest tobacco taxes in the world which have helped reduce smoking prevalence to 11.9%.

In order to protect the public health objectives of tobacco taxation the Minimum Excise Tax sets a minimum amount of duty collected on a pack of cigarettes. This discourages manufacturers from selling cheap cigarettes as it reduces the profitability of cigarettes sold at or below the trigger price of £13.59 for a pack of 20 cigarettes.

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the impact of the pricing strategies of (1) under-shifting, and (2) over-shifting, by the tobacco industry on smoking prevalence.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

Like most businesses across the economy, tobacco producers and retailers are free to set prices for their products. Evidence suggests that close to 100% of tax increases, and in many cases more, is passed through to consumers through prices. How this is distributed across products is a matter for the individual firms.

The UK has some of the highest tobacco taxes in the world which have helped reduce smoking prevalence to 11.9%.

In order to protect the public health objectives of tobacco taxation the Minimum Excise Tax sets a minimum amount of duty collected on a pack of cigarettes. This discourages manufacturers from selling cheap cigarettes as it reduces the profitability of cigarettes sold at or below the trigger price of £13.59 for a pack of 20 cigarettes.

Question to the HM Treasury:

To ask His Majesty's Government what volume of goods entered the United Kingdom through the Port of Holyhead in each of the last three years.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The volume of trade entering into the United Kingdom through the Port of Holyhead in the last three years is as follows:

The table shown is compiled of both EU and Non-EU import trade. Due to specific customs procedures, this data may not include the following:

Goods moved through Holyhead that have been declared at another port/airport.

Goods which are transiting through Holyhead but will not stay in the UK.

Goods which are not declared on a customs declaration or excluded from trade statistics.

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 official statistic called the Overseas Trade in Goods Statistics (OTS), which is available via their dedicated website (www.uktradeinfo.com). From this website, it is possible to build your own data tables based upon bespoke search criteria.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department plans to increase taxes on global tech companies.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The UK remains committed to reaching a global solution on the taxation of the digital economy through Pillar 1 of the G20-OECD Inclusive Framework project. The UK has fully implemented Pillar 2 of the project which ensures all multinationals are subject to a minimum rate.

The Digital Services Tax (DST) is an interim tax measure to ensure that digital services providers pay UK tax on digital services that reflects the value they derive from UK users. It is UK’s intention to repeal our Digital Services Tax (DST) when Pillar 1 of the OECD project is in place.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department plans to reduce the rate of VAT for the hospitality and tourism sector.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Government recognises the significant contribution made by hospitality businesses to economic growth and social life in the UK.

Tax breaks reduce the revenue available for vital public services and must represent value for money for the taxpayer. Exceptions to the standard rate have always been limited and balanced against affordability considerations. The exceptional VAT relief for tourism and hospitality during the Covid-19 pandemic cost over £8 billion. The Government has no current plans to change the VAT rate for the hospitality and tourism sector.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of reducing VAT on US firms exporting to the UK.

Answered by James Murray - Exchequer Secretary (HM Treasury)

In line with international guidelines, VAT is charged equally on goods and services consumed in the UK whether they are produced domestically or imported. VAT is ultimately paid by the final consumer, similar to US sales taxes. Businesses in the supply chain can typically reclaim the VAT they pay, including import VAT.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make it her policy to review the level of the Video Games Expenditure Credit for projects with a budget of £10m or less.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Government recognises the importance of the UK’s video games sector and the key role it plays in driving economic growth. As part of our modern Industrial Strategy, we are developing a creative industries sector plan with business, local leaders, and sector experts.

The Government supports the video games sector through the tax system and through funding. Video games companies already benefit from the Video Games Expenditure Credit (VGEC), which provides a generous tax credit of 34 per cent on UK video games development costs.

In addition, companies may benefit from the £5.5 million UK Games Fund for 2025/26, which helps high-potential start-ups scale-up.

When considering new tax reliefs, the Government has to balance a wide range of factors, including the fiscal position and complexity of the tax system.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department has considered changing the withdrawal percentage for Lifetime ISAs.

Answered by Emma Reynolds - Economic Secretary (HM Treasury)

The Lifetime ISA (LISA) is designed to support people to achieve the aspiration of homeownership, or to build up savings for their later life. LISA funds, including any Government bonus, can be withdrawn for the purchase of a first home under £450,000, in the case of terminal illness or from the age of 60.

Any unauthorised withdrawals are subject to a 25% withdrawal charge. This recoups the Government bonus, any interest or growth arising from it, and a proportion of the individual’s initial savings. Reducing the withdrawal charge would encourage the use of LISAs in ways for which they were not intended.

The Government keeps all aspects of savings tax policy under review.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of changes to tax relief for orchestras on (a) the financial sustainability of British touring orchestras, (b) profits from international tours and (c) funding needs for orchestras whose funding model is dependent on income from international touring.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Orchestra tax relief is available for costs incurred on goods or services that are used or consumed in the UK. This replaces the previous rule that qualifying costs were those incurred on goods or services provided from the UK or the European Economic Area (EEA).

To ease the transition to the new rule, orchestras with concerts in train on 1 April 2024 were permitted to continue claiming relief on goods or services provided from within the EEA until 31 March 2025.

It is appropriate to refocus orchestra tax relief on UK expenditure now that the UK has left the EU. Under the new rule, the relief incentivises activity within the UK, rather than the UK and the EEA. This does not prevent qualifying productions from touring in the EEA (nor elsewhere).

As with all tax policy changes, a Tax Information and Impact Note was published in 2023 which can be found here: Administrative changes to the creative industry tax reliefs - GOV.UK.

The Government keeps all taxes under review.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many vehicles manufactured prior to the 2020 changes to Vehicle Excise Duty (VED) rates are subject to the increased diesel vehicle supplement due to their first registration date falling after those changes; whether her Department plans to review the legislation to ensure vehicles of the same year, make and model are subject to the same VED rate regardless of registration date; and whether her Department has made an assessment of the potential impact of this tax difference on the Ministry of Defence fleet and related costs.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Since 1 April 2020, the Worldwide Harmonised Light Vehicle Test Procedures (WLTP) have been used by the DVLA to measure the CO2 emissions of a car, rather than the CO2 emissions stated by an EU Certificate of Conformity or a UK approval certificate.

Where a car has not been tested to WLTP standards, the car must be taxed according to its engine size and in the Private Light Goods taxation class. This means its tax rate is based on its engine size, rather than CO2 emissions.

While the Ministry of Defence (MOD) keeps its own register of the vehicles it owns, the MOD is not a licensing authority, meaning the first registration of an MOD vehicle will be its point of first registration with the DVLA.

The Government keeps the tax system under review.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of introducing a lower rate of employer National Insurance contributions for businesses in the hospitality sector which employ a high proportion of part-time workers.

Answered by James Murray - Exchequer Secretary (HM Treasury)

The Government has taken difficult but necessary decisions to fix the public finances and create long-term stability in which businesses can invest and grow.

The Government decided to protect the smallest businesses from changes to employer National Insurance contributions by increasing the Employment Allowance from £5,000 to £10,500. This means that this year, 865,000 employers will pay no NICs at all, and more than half of all employers will either gain or will see no change. It means employers will be able to employ up to four full-time workers on the National Living Wage without paying employer NICs.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential revenue from introducing a fuel tax on domestic aviation to encourage rail travel.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Air Passenger Duty (APD) applies to airlines and is the principal tax on the aviation sector, since tickets are VAT free and aviation fuel incurs no duty. APD varies by distance and class of travel and is expected to raise £4.7 billion in 2025-26.

The domestic band applies to all flights between airports in England, Scotland, Wales, and Northern Ireland and is currently set at £7 for economy passengers until 31 March 2026.

The Government provides significant financial support for rail travel to enable its operation and make it an attractive option for passengers, including supporting infrastructure upgrades.

Recent examples include investment in the rollout of Pay As You Go fare structures in the West Midlands and Greater Manchester, and the delivery of the Northumberland Line in the North East. This sits alongside the biggest overhaul of the railways in a generation through the set-up of Great British Railways, which will strip out duplication and ensure taxpayers get better value for money.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of changes to Inheritance Tax on the Valuation Office Agency’s processing of cases; and whether her Department plans to take steps to help mitigate any increase in demand.

Answered by James Murray - Exchequer Secretary (HM Treasury)

On 28 April 2025, the government announced that VOA’s functions will be brought into HMRC by the end of this financial year. This will combine the expertise and experience of both organisations in policy, valuations and programme delivery to support government to deliver change more quickly and effectively, including forthcoming policy changes to IHT.

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Found: ownership by ethnicity and age.8 OEO analysts engage with analysts in other Departments (such as HM Treasury

Found: May 2025.28 20 Defra, Delinked payments: replacing the Basic Payments Scheme, 20 November 2024 21 HM Treasury

Found: of Commons Library, Universal Credit deductions, Number CDP-0166 (2023), 18 July 2023, p 3 195 HM Treasury

Found: of Commons Library, Universal Credit deductions, Number CDP-0166 (2023), 18 July 2023, p 3 195 HM Treasury

Found: Approval This memorandum has been prepared according to the requirements and guidance set out by HM Treasury

Found: provision by order as appears “necessary or expedient” does not confer an unfettered power: A v HM Treasury

Found: Special severance payments always require prior HM Treasury approval, as they are usually novel or contentious

Found: We would ask the committee to ensure that the review of HM Treasury Green Book on transport appraisal

Found: procurement and the outcome of the contract award was provided by Ministers, Cabinet Office and HM Treasury

Found: HM Treasury, HM Treasury, Department of Education, and Department for Business and Trade Oral Evidence

Found: HM Treasury (HMT) implements and enforces financial sanctions.

Found: From the outset, there was a broad agreement between HM Treasury and other government departments on

Found: Look, 16% of every £1 somebody hands over at this grassroots music venue goes straight to HM Treasury

Found: Look, 16% of every £1 somebody hands over at this grassroots music venue goes straight to HM Treasury

Found: Look, 16% of every £1 somebody hands over at this grassroots music venue goes straight to HM Treasury

Found: Martina Hunter explained the new requirements for central government departments from HM Treasury on

Found: HM Treasury, HM Treasury, HM Treasury, NISTA, and NISTA Oral Evidence

Found: Letter from the Director General Public Spending at HM Treasury relating to the update on progress for

Found: Charges) (England) Regulations 2025 Instruments not reported 3 Annex 3 Appendix 1: Memorandum from HM Treasury

Found: across the government’s agenda for growth and the delivery of public service reform, including at HM Treasury

Found: Events such as buying and selling property, 10 A v HM Treasury [2010], para.146. 11 International Commissions

Found: they fall due for a period of no less than 15 months from December 2024, subject to receiving HM Treasury

Found: says, “DfE does not directly receive this income, so it is unclear how the money is allocated by HM Treasury

Found: the UK geodata community has believed it needs to be overseen firmly by the Cabinet Office or HM Treasury

Found: There may also be opportunities, even with current fiscal constraints in HM Treasury, for improvements

Found: DfE leading a cross- departmental ministerial committee on skills (DBT, DESNZ, Home Office/MAC, DWP, HMT

Found: under the bus, but especially, as I mentioned before, prosperity Ministries, so everything between HMT

Found: However, it is a matter for mayors and local authorities to make the case, and for HMT to hear that

Found: Department for Science, Innovation and Technology, the Department for Business and Trade, and HM Treasury

Found: Director (DBT Value for Money), NAO, and Edward Pinney, Alternate Treasury Officer of Accounts, HM Treasury

Found: With greater investment in UKSA, HMT could help catalyse private capital and ensure Scotland remains

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, whether she is taking steps to require UK Research and Innovation to commission gambling research under the statutory gambling levy from (a) non-academic and (b) applied research organisations.

Answered by Stephanie Peacock - Parliamentary Under Secretary of State (Department for Culture, Media and Sport)

The government’s priority is to ensure funding is directed where it is needed most to deliver our objective to further understand and reduce gambling-related harms. DCMS and HMT Ministers have powers to decide how funding is divided between three key strands of work: research, prevention and treatment, and we are establishing robust governance structures to ensure the core aims of the levy are met within each of these strands.

Decisions on how levy funds are spent within research, prevention and treatment lie with commissioning leads. We are now working closely with UK Research and Innovation (UKRI) to set an ambitious and independent research agenda, and set the right scope for the future Centre on Gambling. The third sector will also continue to play a key role across the future system, including on research.

Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, whether Northern Ireland will receive funding from Cyber Local in 2025-26.

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

As of April 2025, the way that Devolved Administrations (DAs) receive funding for cyber security has changed. Previously ringfenced cyber budgets will be absorbed into departmental baselines and provided directly to DAs in their overall HM Treasury settlement.

The revised funding arrangements further support DAs, including the Northern Ireland Executive, to make their own choices about how to champion the cyber sector in each part of the UK. DSIT will continue to engage with the Northern Ireland Executive on how to assist the cyber sector, including through the Cyber Local programme.

DSIT continues to support the successful cyber ecosystem in Northern Ireland with key investments such as the Cyber AI Hub programme at Queen’s University Belfast.

Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, what assessment his Department has made of the potential merits of including Northern Ireland as an eligible region for Cyber Local funding in 2025-26.

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

As of April 2025, the way that Devolved Administrations (DAs) receive funding for cyber security has changed. Previously ringfenced cyber budgets will be absorbed into departmental baselines and provided directly to DAs in their overall HM Treasury settlement.

The revised funding arrangements further support DAs, including the Northern Ireland Executive, to make their own choices about how to champion the cyber sector in each part of the UK. DSIT will continue to engage with the Northern Ireland Executive on how to assist the cyber sector, including through the Cyber Local programme.

DSIT continues to support the successful cyber ecosystem in Northern Ireland with key investments such as the Cyber AI Hub programme at Queen’s University Belfast.

Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, if he will make an assessment of the potential merits of extending Cyber Local 2025-26 to Northern Ireland.

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

As of April 2025, the way that Devolved Administrations (DAs) receive funding for cyber security has changed. Previously ringfenced cyber budgets will be absorbed into departmental baselines and provided directly to DAs in their overall HM Treasury settlement.

The revised funding arrangements further support DAs, including the Northern Ireland Executive, to make their own choices about how to champion the cyber sector in each part of the UK. DSIT will continue to engage with the Northern Ireland Executive on how to assist the cyber sector, including through the Cyber Local programme.

DSIT continues to support the successful cyber ecosystem in Northern Ireland with key investments such as the Cyber AI Hub programme at Queen’s University Belfast.

Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, if he will make an assessment of the effectiveness of the Climate Resilience Board in coordinating climate resilience.

Answered by Emma Hardy - Parliamentary Under-Secretary (Department for Environment, Food and Rural Affairs)

Defra, working with Cabinet Office and HM Treasury, uses the Climate Resilience Steering Board (CRSB) to provide senior-level oversight and strategic direction to address and strengthen resilience to climate change related risks that threaten the UK economy, security, critical national infrastructure, and the life and health of its citizens.

The CRSB is well placed to provide and improve strategic responses to climate change across government. It carries out the coordination across Government that ensures climate risks to all sectors are monitored and key departmental actions are delivered that will combat the cross-cutting impacts of climate change.

Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, how many civil servants jobs the Government plans to remove in this Parliament.

Answered by Georgia Gould - Parliamentary Secretary (Cabinet Office)

The Chancellor of the Duchy of Lancaster has made public commitments to a smaller centre of government. The Government is taking forward a number of measures to deliver greater efficiency and transformation in the Civil Service, including setting an admin spend reduction target.

Each department will take a decision on its individual size and shape as per the financial settlement it agrees with HMT in the Spending Review, due for conclusion in June 2025.

Question to the Ministry of Defence:

To ask the Secretary of State for Defence, pursuant to the Answer of 30 April 2025 to Question 47898 on Armed Forces: Housing, when the new taskforce will be created.

Answered by Al Carns - Parliamentary Under-Secretary (Ministry of Defence) (Minister for Veterans)

The new taskforce to accelerate development on surplus Ministry of Defence (MOD) land, between the MOD, HM Treasury and the Ministry for Housing, Communities and Local Government was created and announced on 27 March 2025.

Question to the Department for Transport:

To ask the Secretary of State for Transport, if she will have discussions with the (a) Chancellor of the Exchequer and (b) Secretary of State for Culture, Media and Sport on an infrastructure strategy for the Universal Studios project in Bedfordshire.

Answered by Simon Lightwood - Parliamentary Under-Secretary (Department for Transport)

Officials from my Department continue to work closely with their counterparts across government, including HM Treasury and the Department for Culture, Media and Sport to consider the infrastructure required around the site and in the local area to support the delivery of the Universal Studios resort, ensuring it is well connected and easily accessible.

Further information on plans for infrastructure investment around the site will be set out in due course.

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what discussions she has had with the Chancellor of the Exchequer on protected funding for the child poverty strategy.

Answered by Alison McGovern - Minister of State (Department for Work and Pensions)

We are working across government to develop the Child Poverty Strategy and are committed to exploring all available levers to reduce child poverty. The Chief Secretary to the Treasury is a part of the Child Poverty Taskforce and the Secretary of State has regular discussions on child poverty with HM Treasury Ministers. Officials in the Child Poverty Unit are also working closely with policy and analytical experts across departments, such as HM Treasury.

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment he has made of the adequacy of the FCDO’s crisis response fund for 2025-26.

Answered by Hamish Falconer - Parliamentary Under-Secretary (Foreign, Commonwealth and Development Office)

The Foreign, Commonwealth and Development Office (FCDO) maintains the Humanitarian Crisis Reserve (HCR) fund, which has the primary benefit of enabling flexible and rapid response to new humanitarian crises (e.g. earthquakes, floods, cyclones). Decisions about allocations are made by the Minister for Development and can be used in Official Development Assistance eligible countries only. The UK's commitment to supporting humanitarian aid across the world and responding flexibly remains a priority.

Moreover, the FCDO Crisis Management Department has been allocated £227,500 for routine crisis management in Financial Year 25/26. This is used to meet the additional costs of responding to international crises, such as deploying Rapid Deployment Teams to affected areas, staffing and running the London crisis centre, and emergent procurement, i.e. chartering aircraft for an evacuation. If a single crisis response is projected to cost the FCDO more than £150,000, we will ask HM Treasury for additional funding from the Emergency Disaster Response Fund.

Question to the Department for Education:

To ask the Secretary of State for Education, what estimate her Department has made of the proportion of the cost of the increase in employers National Insurance contributions that will be met by (a) additional support from her Department and (b) schools in (i) Essex and (ii) England.

Answered by Catherine McKinnell - Minister of State (Education)

The government has agreed that public sector employers will receive support in recognition of the increase in their National Insurance contributions (NICs) from April 2025.

Schools have autonomy over their budgets in order to respond to the needs of their pupils. The NICs grant announced on 18 March was designed to distribute funding in a way that is close to how core funding for schools is allocated through the national funding formula, introduced under the last government. A long-standing principle of the funding system is that it is designed to distribute funding according to pupil need and not to match the precise spending of each individual institution, as their spending patterns, including NICs costs, will vary.

The department is providing schools and high needs settings with over £930 million in the 2025/26 financial year to support them with their increased NICs costs. This support is additional to the £2.3 billion increase to core school funding announced at the Autumn Budget 2024. This means that the core schools budget, which includes the core revenue funding for schools and high needs, will total over £64.8 billion in 2025/26.

The amount of public sector support for NICs is based on HM Treasury analysis of the proportion of employer NICs receipts paid by public sector organisations and allocated between departments based on headcount and wage/salary data.

The department has distributed this funding in proportion to the need of the different sectors and phases of education at a national level for England. The department will continue to monitor cost pressures, as it usually does. The department’s most recent assessment, which included consideration of the impact of the change in NICs, was published in the ‘Schools’ Costs’ technical note on 18 March 2025 and can be accessed here: https://assets.publishing.service.gov.uk/media/67d974935bad4b1a7f01ed62/Schools_costs_technical_note_2024_to_2026.pdf.

We have published a calculator tool for mainstream schools and academies to estimate their NICs grant funding for the 2025/26 financial year, with allocations being published shortly.

Question to the Department of Health and Social Care:

To ask the Secretary of State for Health and Social Care, how many (a) integrated care boards and (b) NHS trusts have contacted his Department to discuss the potential cost of redundancies since 1 January 2025.

Answered by Karin Smyth - Minister of State (Department of Health and Social Care)

The Prime Minister has announced the integration of the Department and NHS England and the associated reduction in size, and NHS England has also set out separate ambitions of reducing integrated care board running costs as well as National Health Service trusts’ corporate costs. These reforms will deliver a more efficient, leaner centre, and will also free up capacity and help deliver significant savings of hundreds of millions of pounds a year, which will be reinvested into frontline services, to cut waiting times through the Government’s Plan for Change.

Clearly these reforms will have workforce implications, and we are working closely with NHS England and HM Treasury to deliver these, however we do not yet have a robust estimate of costs for 2025/26. Discussions have been with NHS England at a national level, and not with individual integrated care boards or trusts.

Question to the Department of Health and Social Care:

To ask the Secretary of State for Health and Social Care, what estimate his Department has made of the cost of redundancies in the NHS in 2025-26.

Answered by Karin Smyth - Minister of State (Department of Health and Social Care)

The Prime Minister has announced the integration of the Department and NHS England and the associated reduction in size, and NHS England has also set out separate ambitions of reducing integrated care board running costs as well as National Health Service trusts’ corporate costs. These reforms will deliver a more efficient, leaner centre, and will also free up capacity and help deliver significant savings of hundreds of millions of pounds a year, which will be reinvested into frontline services, to cut waiting times through the Government’s Plan for Change.

Clearly these reforms will have workforce implications, and we are working closely with NHS England and HM Treasury to deliver these, however we do not yet have a robust estimate of costs for 2025/26. Discussions have been with NHS England at a national level, and not with individual integrated care boards or trusts.

Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, pursuant to the Answer of 12 April 2025 to Question HL6032 on Arm’s Length Bodies, whether the Public Sector Fraud Authority is in the process of being set up.

Answered by Georgia Gould - Parliamentary Secretary (Cabinet Office)

The government introduced the Public Authorities (Fraud, Error and Recovery) Bill in January, giving us more tools to combat fraud, allowing the government to investigate fraud and recover public money.

The Bill also provides the potential for the Public Sector Fraud Authority (PSFA) to become an arm’s-length statutory body in the future, providing flexibility as to how the government conducts their future counter fraud activities. It was assessed that it would be disproportionate to establish PSFA as one at this current time.

On 6 April, the Chancellor of the Duchy of Lancaster announced a full review of all arm’s length bodies to ensure their existence can be strongly justified against key principles. Any future decision to set up any new ALBs would need to demonstrate alignment with these principles and follow the joint HMT and Cabinet Office approval process for new bodies.

Question to the Department of Health and Social Care:

To ask the Secretary of State for Health and Social Care, what discussions he has had with the Chancellor of the Exchequer on changes to employer National Insurance Contributions and the potential impact on (a) community care services and (b) wider healthcare services.

Answered by Karin Smyth - Minister of State (Department of Health and Social Care)

The Department has discussed the impact of employer National Insurance contributions with HM Treasury, and has been informed of the Department’s allocation.

The Government’s intent is to publish the allocations alongside departmental budgets for 2025/26 at the Mains estimates. This will be published as a supplementary table, with a brief description of the methodology used accompanying it, and the table will not list a breakdown of the specific compensation to individual services.

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, whether her Department is taking steps to amend regulations on mechanisms for transferring pensions between scheme providers.

Answered by Torsten Bell - Parliamentary Secretary (HM Treasury)

Following commitments made in response to the review, DWP has conducted extensive work with the FCA, HMT, The Pensions Regulator and the pensions industry to consider if the practical application of the transfer regulations could be improved, whilst retaining appropriate levels of protection for pension scheme members.

DWP Officials continue to develop this work and we will look to formally share the outcome as soon as is practical.

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, with reference to the press notice entitled OBR concludes planning reforms will bring housebuilding to its highest level in 40 years, published 26 November 2025, further to the HM Treasury press release on 26 March 2025, whether it is her Department's target to deliver 1.5 homes by the end of this Parliament in (a) England or (b) the UK.

Answered by Matthew Pennycook - Minister of State (Housing, Communities and Local Government)

I refer the hon. Member to the answer given to Question UIN 5686 on 11 October 2024.

Found: scheme, helping lenders tackle fraud effectively.9 6 As above. 7 As above, pp 5 and 17. 8 HM Treasury

Found: all relevant regulatory work undertaken by the ISC is charged for and brings them in line with HM Treasury

Found: This figure is inflated using November 2023 HMT GDP Deflator which produces a cost estimate of £47bn

Found: 8 Evidence Base Problem under consideration and rationale for intervention In line with HM Treasury

Found: As I have said before the HM Treasury 2021 Dasgupta Review on the economics of biodiversity was important

Found: scheme, helping lenders tackle fraud effectively.9 6 As above. 7 As above, pp 5 and 17. 8 HM Treasury

Found: the procedures and criteria set out in the Impact Assessment Guidance and is consistent with the HM Treasury

Found: This IA follows the procedures and criteria set out in the IA Guidance and is consistent with the HM Treasury

Found: These impacts have been assessed using HM Treasury guidance. 74.

Found: ensure that all relevant regulatory work undertaken by the IAA is charged for and bring it in line with HMT

Found: Department of Health and Social Care, the Home Office, the Department for Business and Trade, HM Treasury

Found: Number of policy papers 1 2 3 4 4 6 7 8 11 13 19 19 26 05 10 15 20 25 30 UK Export Finance Transport HM Treasury

Found: (London: HM Treasury) 15 Schuster et al. (2019).

Found: payments to providers in the relevant academic year. 6.2.3 Following receipt of a budget from HM Treasury

Found: payments to providers in the relevant academic year. 6.2.3 Following receipt of a budget from HM Treasury

Found: An overview of the GCRF evaluation is presented in Figure 1. 1 HM Treasury. 2019

Found: OFFICIAL Overview of the QCA Approach As stated in the HMT

Found: Costs for the conduct of the July 2024 General Election are also included, funded by HM Treasury via

Found: For costs relating to the conduct of the July 2024 General Election, funding is provided by HM Treasury

Found: It should also liaise with HM Treasury to seek clarity of its past and future access to the PWLB funding

Found: In line with the HM Treasury approach to reduce future Reserve access, any requirement to be drawn will

Found: (UKHSA) for the Integrated Security Fund -0.225 -0.225 (Section H) Transfer in funding to the HM Treasury

Found: Approval This memorandum has been prepared according to the requirements and guidance set out by HM Treasury

Found: Sheffield Forgemasters International Limited, are set out in Managing Public Money published by HM Treasury

Found: A further two recommendations were made in the report which are being reviewed by HMT. 83.

Found: A further two recommendations were made in the report which are being reviewed by HMT. 83.

Found: A further two recommendations were made in the report which are being reviewed by HMT. 83.

Found: Working together, the Home Office, HM Treasury, the Department for Education, the Department of Health

Found: the procedures and criteria set out in the Impact Assessment Guidance and is consistent with the HM Treasury

Found: This IA follows the procedures and criteria set out in the IA Guidance and is consistent with the HM Treasury

Found: These impacts have been assessed using HM Treasury guidance. 74.

Found: This IA follows the procedures and criteria set out in the IA guidance and is consistent with the HM Treasury

Found: are The Government Internal Audit Agency (GIAA) is an executive agency of His Majesty’s Treasury (HMT

Found: Sheffield Forgemasters International Limited, are set out in Managing Public Money published by HM Treasury

Found: From: Foreign, Commonwealth & Development Office, Department for Business and Trade, HM Treasury, Department

Found: Both guides have been developed in collaboration with government departments including HM Treasury

Found: Both guides have been developed in collaboration with government departments including HM Treasury

Found: Details On 11 April 2025, the Office of Financial Sanctions Implementation (OFSI), part of HM Treasury

Found: On 11 April 2025, the Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, imposed

Found: HM Treasury, 1 Horse Guards Road, London, SW1A 2HQ Andrew Bailey Governor Bank of England

Found: It should also liaise with HM Treasury to seek clarity of its past and future access to the PWLB funding

Found: The Treasury Green Book is a guide issued by HMT on how to appraise policies, programmes and projects

Found: HM Treasury and HMRC are keen to hear from credit unions who are interested in offering the Help to

Found: Action by: 30 May 2025 Action 2.7: Secretariat to upload HM Treasury Green Book and the HMT Strategic

Found: of contractors by the public sector.The Chair noted that there were ongoing conversations with HM Treasury