Asked by: Stephanie Peacock (Labour - Barnsley East)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what proportion of his Department’s (a) advertising and (b) marketing expenditure was on (i) local newspapers in print and online, (ii) national newspapers in print and online, (iii) social media, (iv) search engines, (v) broadcast and on-demand television and (vi) other channels in the most recent year for which data is available.
Answered by Gareth Davies - Exchequer Secretary (HM Treasury)
HMT’s expenditure on these related areas are all published in the public domain and can be found across the below links
a) https://www.gov.uk/government/collections/gpc-spend
b) https://www.gov.uk/government/collections/25000-spend
c) https://www.gov.uk/government/collections/hmt-annual-report
Asked by: Jeff Smith (Labour - Manchester, Withington)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he has had discussions with the Secretary of State for Culture, Media and Sport on the Government's BBC funding model review.
Answered by Laura Trott - Chief Secretary to the Treasury
The Government has launched a review of the BBC’s funding model, to ensure it is fair to licence fee payers, sustainable for the long term, and supports the BBC’s vital role in growing our thriving creative industries.
This is an important cross-Government programme of work, HMT and DCMS are in regular engagement, and will continue to do so over the course of the review.
Asked by: Margaret Hodge (Labour - Barking)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will list the organisations that attended HMRC Stakeholder Conference 2024.
Answered by Nigel Huddleston - Financial Secretary (HM Treasury)
The HMRC Stakeholder Conference was attended by 184 external stakeholders from a range of sectors and organisations, including professional bodies, agents, business representative organisations, businesses, customs, and the voluntary and community sector.
Asked by: Gareth Thomas (Labour (Co-op) - Harrow West)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential economic impact of the European Commission’s proposals on EU customs reform of 17 May 2023 on Northern Ireland, in the context of the Windsor Framework.
Answered by Nigel Huddleston - Financial Secretary (HM Treasury)
The Government has been engaging with the European Commission including through the UK/EU annual Trade Specialised Committee on Customs Cooperation and Rules of Origin.
The EU has expressed the need for consultation with the UK to take into account potential implications for Northern Ireland.
The Government published an Explanatory Memorandum in August 2023 setting out relevant considerations in relation to the EU’s proposed reforms. As the reforms develop, we will continue to monitor the progress and to assess any potential impacts on UK businesses.
Asked by: Gareth Thomas (Labour (Co-op) - Harrow West)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential economic impact of the European Commission’s customs reform proposals of 17 May 2023 on exporters to the EU.
Answered by Nigel Huddleston - Financial Secretary (HM Treasury)
The Government has been engaging with the European Commission including through the UK/EU annual Trade Specialised Committee on Customs Cooperation and Rules of Origin.
The EU has expressed the need for consultation with the UK to take into account potential implications for Northern Ireland.
The Government published an Explanatory Memorandum in August 2023 setting out relevant considerations in relation to the EU’s proposed reforms. As the reforms develop, we will continue to monitor the progress and to assess any potential impacts on UK businesses.
Asked by: Toby Perkins (Labour - Chesterfield)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether the next round of International Climate Finance from April 2026 has already been allocated under future spending plans.
Answered by Laura Trott - Chief Secretary to the Treasury
The next round of International Climate Finance falls outside of this Spending Review period. Decisions on how spending is allocated after 2024-25, including for International Climate Finance, will be made at a future Spending Review.
Asked by: Claire Hanna (Social Democratic & Labour Party - Belfast South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make it his policy to review the (a) rate of and (b) threshold for Stamp Duty Land Tax in Northern Ireland in the context of trends in average house prices.
Answered by Nigel Huddleston - Financial Secretary (HM Treasury)
The government keeps all tax policy under review and changes are announced at a fiscal event as part of the normal tax policy making process.
Asked by: Carla Lockhart (Democratic Unionist Party - Upper Bann)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he (a) has had and (b) plans to have discussions with (i) Cabinet colleagues and (ii) relevant stakeholders on the potential merits of increasing the tax free childcare allowance.
Answered by Laura Trott - Chief Secretary to the Treasury
HM Treasury work closely with other Government departments and relevant stakeholders on all elements of childcare policy, including Tax-Free Childcare.
Asked by: Ranil Jayawardena (Conservative - North East Hampshire)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of converting the childcare subsidy into an increased tax-free allowance.
Answered by Laura Trott - Chief Secretary to the Treasury
The Government recognises the importance of supporting parents with the costs of childcare and does so through a range of childcare offers.
The Government keeps childcare policy under regular review.
Asked by: Clive Lewis (Labour - Norwich South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether his Department has had discussions with the Bank of England on incorporating the impact of climate change in inflation modelling.
Answered by Bim Afolami - Economic Secretary (HM Treasury)
The Treasury meet with the Bank of England regularly to discuss their assessment of the economy, inflation and the impact of shocks and structural trends, including climate change.
The Office for Budget Responsibility (OBR) is the government’s official forecaster. They published their latest assessment of the economic and fiscal outlook (EFO) which includes inflation on 6th March. The Fiscal risks and sustainability report, published in July 2023, included discussion of the long-term impact of climate change on the fiscal position.
The Bank of England has operational independence over monetary policy and publishes its own forecasts, including for inflation, in its quarterly Monetary Policy Report.