HM Treasury is the government’s economic and finance ministry, maintaining control over public spending, setting the direction of the UK’s economic policy and working to achieve strong and sustainable economic growth.
Rt Hon Rishi Sunak MP
Chancellor of the Exchequer
Oral Answers to Questions is a regularly scheduled appearance where the Secretary of State and junior minister will answer at the Dispatch Box questions from backbench MPs
Other Commons Chamber appearances can be:Westminster Hall debates are performed in response to backbench MPs or e-petitions asking for a Minister to address a detailed issue
Written Statements are made when a current event is not sufficiently significant to require an Oral Statement, but the House is required to be informed.
| Date | Type | Title |
|---|---|---|
| Oct. 20 | Oral Questions | Oral Answers to Questions |
| Oct. 13 | Urgent Questions | Public Health Restrictions: Government Economic Support |
| Oct. 14 | Westminster Hall | Productivity: Rural Areas |
| Mar. 18 | Adjournment Debate | Future of Farming: Somerset |
| Title | Last Event | Next Event Date | Last Updated | |
|---|---|---|---|---|
| Supply and Appropriation (Anticipation and Adjustments) Act 2020 | Royal Assent (Minutes of Proceedings) 16 March, 2020 | 2 Apr 2020, 5:46 p.m. | ||
| A Bill to authorise the use of resources for the years ending with 31 March 2020 and 31 March 2021; to authorise the issue of sums out of the Consolidated Fund for those years; and to appropriate the supply authorised by this Act for the year ending with 31 March 2020. | ||||
| Finance Act 2020 | Royal Assent (Minutes of Proceedings) 22 July, 2020 | 28 Jul 2020, 12:22 p.m. | ||
| A Bill to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance. | ||||
| Contingencies Fund Act 2020 | Committee negatived (Minutes of Proceedings): House of Lords 25 March, 2020 | 26 Mar 2020, 9:43 a.m. | ||
| A Bill to make provision increasing the maximum capital of the Contingencies Fund for a temporary period. | ||||
| Supply and Appropriation (Main Estimates) Act 2020 | Royal Assent (Minutes of Proceedings) 22 July, 2020 | 27 Jul 2020, 11:56 a.m. | ||
| Stamp Duty Land Tax (Temporary Relief) Act 2020 | Royal Assent (Minutes of Proceedings) 22 July, 2020 | 27 Jul 2020, 11:57 a.m. | ||
| A Bill to make provision to reduce for a temporary period the amount of stamp duty land tax chargeable on the acquisition of residential property. | ||||
| Financial Services Bill 2019-21 | 1st reading: House of Commons (no debate) |
2nd reading: House of Commons 9 Nov 2020 |
23 Oct 2020, 11:53 a.m. | |
| A Bill to make provision about financial services and markets; to make provision about debt respite schemes; to make provision about Help-to-Save accounts; and for connected purposes. | ||||
| Dates | Department | Title | |
|---|---|---|---|
|
Published 14 Oct 2019, 4:09 p.m. |
HM Treasury | The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2019 | |
| This Order abolishes the office of the Public Works Loan Commissioners (the “Commissioners”) who together were known as the Public Works Loans Board. | |||
| Dates | Department | Title | Type |
|---|---|---|---|
|
Laid 15 Oct 2020 In Force Not stated |
HM Treasury | Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 Parliamentary Status - Text of Legislation | Draft affirmative procedure |
| Explanatory text not available | |||
|
Laid 15 Oct 2020 In Force Not stated |
HM Treasury | Financial Holding Companies (Approval etc.) and Capital Requirements (Capital Buffers and Macro-prudential Measures) (Amendment) (EU Exit) Regulations 2020 Parliamentary Status - Text of Legislation | Draft affirmative procedure |
| Explanatory text not available | |||
| Current Signatures | Final Signatures | Title | Petition Deadline |
|---|---|---|---|
|
149,138 Petition Closed |
Pay Up Now! – Scrap the pay cap and give public servants a meaningful pay rise Gov Responded - 9 Oct 2017 Debated on - 4 Dec 2017 |
12 Mar 2018 closed 2 years, 7 months ago |
|
|
Every single person who works in public services needs and deserve a pay rise. It’s time for the pay cap to be scrapped, for the government to provide additional funding for public sector pay and for employers to put public sector workers pay up now. |
|||
|
119,587 Petition Closed |
Keep Childcare Vouchers open beyond April 2018 Gov Responded - 12 Oct 2017 Debated on - 15 Jan 2018 |
18 Mar 2018 closed 2 years, 7 months ago |
|
|
Hundreds of thousands of parents will lose out under the new tax-free childcare. The voucher schemes should be kept open alongside tax-free childcare to give parents a genuine choice for the support that best suits their family. |
|||
|
26,106 Petition Closed |
Extend grants immediately to small businesses outside of SBRR Gov Responded - 29 May 2020 Debated on - 25 Jun 2020 |
8 Oct 2020 closed 2 weeks, 3 days ago |
|
|
The cash grants proposed by Government are only for businesses in receipt of the Small Business Rates Relief or Rural Relief, or for particular sectors. Many small businesses fall outside these reliefs desperately need cash grants and support now. |
|||
HM Treasury Select Committee Home Page
Select Committees are a formally established cross-party group of backbench MPs tasked with holding a Government department to account.
At any time there will be number of ongoing investigations into the work of the Department, or issues which fall within the oversight of the Department. Witnesses can be summoned from within the Government and outside to assist in these inquiries, and the Select Committee will occasionally publish formal reports of their findings.
| Date | Title | Type |
|---|---|---|
| Oct. 23 | Preston guidance: October 2020 | Guidance and Regulation |
| Oct. 23 | National Insurance Fund Investment Account Report & Accounts 2019 to 2020 | Policy paper |
| Oct. 22 | Joint Statement: UK – U.S. Financial Regulatory Working Group | Policy paper |
Written Questions are submitted by Members of Parliament and the House of Lords to receive information or updates from a Department.
Departments are required to respond in a timely fashion and provide a response or requested information. Written Questions can compel detailed and specific information to be produced, and are frequently used as the source of news stories about the work of a Department.
| Date | Title | Questioner |
|---|---|---|
| 23 Oct 2020, 12:43 p.m. | Holly Mumby-Croft (Conservative - Scunthorpe) | Holly Mumby-Croft (Conservative - Scunthorpe) |
|
Question to the HM Treasury: To ask the Chancellor of the Exchequer, what support is available for small businesses owners instructed to self-isolate on numerous and separate occasions to prevent the spread of covid-19. Answered by Kemi Badenoch - Exchequer Secretary (HM Treasury) The Government recognises that the necessary restrictions to protect public health have been disruptive for small business owners. Small business owners may be eligible for new style Employment and Support Allowance (ESA) if they are incapable of work, required to self-isolate according to Government guidance and have made sufficient national insurance contributions. We have made it easier for people to claim this support by removing the seven-day waiting period, meaning people can get support from day one.
Small business owners are also able to claim back from the Government the costs of up to two weeks of Covid-19 Statutory Sick Pay per employee, if their business has fewer than 250 employees. This rebate will pay for any Covid-19 related SSP, including if the owner is themself employed by the company and has to self-isolate.
Small business owners who are self-employed have also benefitted from the Self-Employment Income Support Scheme (SEISS) Grant Extension. Through this scheme, self-employed individuals will be able to claim two grants, the first of which will cover the start of November until the end of January, and the second of which will cover the start of February until the end of April. On 22 October, the Chancellor announced that we would be doubling the value of the grant for November to January from 20% to 40% of three-month trading profits. This will mean the maximum grant will increase from £1,875 to £3,750.
These measures are in addition to the Government’s unprecedented package of support available for individuals and businesses, worth over £190bn. This includes measures to support businesses who are legally required to close, such as the expanded Jobs Support Scheme and a more generous Local Restrictions Support Grant.
As we head into the Winter, the Government is continuing to collect evidence on the impact of the pandemic. This will of course inform our efforts to support small business owners going forward. |
||