Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the recommendation of Sir Nicholas Macpherson's 2013 review of pre-Budget announcements that the Treasury introduces a ban on the pre-release of the core of the Budget (and Autumn Statement), that is: the economic and fiscal projections, the fiscal judgement and individual tax rates, reliefs and allowances, for what reason his Department disclosed to the Telegraph, ahead of the 2021 Budget, plans to announce in the Budget that companies investing in greener environmentally-friendly ships will also be prioritised for the tax regime; and if he will make a statement.

HM Treasury takes the recommendations of the Macpherson review seriously, and has followed these in full.

The reforms to the UK’s Tonnage Tax regime which the Honourable lady has asked about have been announced months before they come into force in April 2022.