To match an exact phrase, use quotation marks around the search term. eg. "Parliamentary Estate". Use "OR" or "AND" as link words to form more complex queries.


Keep yourself up-to-date with the latest developments by exploring our subscription options to receive notifications direct to your inbox

Written Question
Gold and Foreign Exchange Reserves
Thursday 23rd May 2019

Asked by: Jeremy Lefroy (Conservative - Stafford)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the UK’s official reserves are of (a) gold, (b) foreign currency and (c) other assets as at 31 March 2019.

Answered by John Glen - Paymaster General and Minister for the Cabinet Office

As at end March 2019, the market value of the UK’s official reserves was $169.5 billion. This comprised of (a) $12.9 billion gold, (b) $129.5 billion foreign currency reserves and (c) $27.1 billion other assets.


Written Question
European Investment Bank
Monday 26th March 2018

Asked by: Jeremy Lefroy (Conservative - Stafford)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what plans he has to allocate funding from the public purse to (a) businesses and (b) Government Departments to replace funding from the European Investment Bank when the UK leaves the EU.

Answered by Elizabeth Truss

The European Investment Bank, and its offshoot, the European Investment Fund, provide financing for infrastructure investment and growth businesses.

The UK considers that it may prove to be in the mutual interest of all sides for the UK to maintain some form of ongoing relationship with the EIB Group after leaving the EU, and we will explore these options with the EU as part of the negotiations on the future relationship.

The government is committed to ensuring good infrastructure projects and growth businesses can access the finance they need. The UK Guarantees Scheme, which gives government support for private infrastructure finance, has been broadened to offer construction guarantees for the first time, and the British Business Bank will be able to bring forward some of the £400 million additional investment announced at the 2016 Autumn Statement.


Written Question
Roadchef: Employee Benefit Trusts
Wednesday 14th March 2018

Asked by: Jeremy Lefroy (Conservative - Stafford)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, with reference to the oral contribution of the Financial Secretary to the Treasury of 19 December 2018, Official Report, column, 1039, what the timetable is for HMRC to reach an agreement with the Roadchef Employee Benefits Trust on outstanding tax liabilities.

Answered by Mel Stride - Secretary of State for Work and Pensions

The administration of the tax system, including where appropriate the repayment of tax or duties, is a matter for HM Revenue and Customs. It would not be appropriate for Treasury Ministers to become involved in the administration of the tax system in specific cases.

As I mentioned in the debate in December, HMRC is doing everything it can to resolve the issue promptly and fairly.


Written Question
Public Expenditure
Tuesday 16th January 2018

Asked by: Jeremy Lefroy (Conservative - Stafford)

Question to the HM Treasury:

What comparative assessment he has made of spending on public services in the UK and other developed countries.

Answered by Elizabeth Truss

Last year, public spending was 38.9% of GDP, or about £28,500 per household. This is comparable with other leading countries.

And we are getting more for our money – public services productivity has increased with Conservatives in government, after falling under Labour.


Written Question
Employee Benefit Trusts: Regulation
Tuesday 5th December 2017

Asked by: Jeremy Lefroy (Conservative - Stafford)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will undertake a review the regulation of employee benefit trusts following representations made on behalf of the Roadchef Employees Benefit Trust.

Answered by Mel Stride - Secretary of State for Work and Pensions

I refer the Hon Member to my written answer of 5 July 2017 (UIN 1465).


Written Question
Roadchef: Employee Benefit Trusts
Monday 4th December 2017

Asked by: Jeremy Lefroy (Conservative - Stafford)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what representation he has received on the repayment of monies held by HMRC to the Roadchef Employees Benefit Trust.

Answered by Mel Stride - Secretary of State for Work and Pensions

The Government receives representations on a wide range of issues. It is not normal practice to release details of representations regarding specific cases.


Written Question
Productivity
Tuesday 24th October 2017

Asked by: Jeremy Lefroy (Conservative - Stafford)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what plans the Government has to increase productivity.

Answered by Andrew Jones

Promoting productivity growth in the UK is at the forefront of the Government’s agenda. The Government is investing £23bn in a National Productivity Investment Fund targeted at building economic infrastructure and boosting innovation. We are also reforming technical education in the UK, providing over £0.5bn in additional investment every year to raise standards.


Written Question
Banks
Tuesday 25th April 2017

Asked by: Jeremy Lefroy (Conservative - Stafford)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will make it his policy to establish a United Kingdom Investment Bank.

Answered by David Gauke

The government has a strong institutional structure in place to make sure UK businesses can access the finance they need for key investment projects.

The British Business Bank improves access to finance for small and medium-size businesses. As of end-January 2017, British Business Bank programmes have supported more than £8.5bn of finance to more than 54,000 businesses.

The UK Guarantees Scheme provides a Treasury-backed guarantee for infrastructure bonds and loans to avoid delays to investment in UK infrastructure projects. It works by providing a sovereign-backed guarantee to help projects access finance. At Autumn Statement the government committed to keep the scheme open until at least 2026.

London is also the world’s premier international financial centre, being home to over 250 foreign banks, more than any other financial centre. This allows private banks to lend to a wide range of businesses smoothly and efficiently.


Written Question
European Investment Bank
Monday 24th April 2017

Asked by: Jeremy Lefroy (Conservative - Stafford)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what plans he has to retain the UK's shareholding in the European Investment Bank after the UK leaves the EU.

Answered by David Gauke

While the UK remains a full member of the European Union it retains all of the rights, obligations and benefits that membership brings. This includes the shareholding in European Investment Bank. The long-term relationship between the UK and the EIB will need to be resolved as part of the negotiations on the UK’s withdrawal from the EU.


Written Question
European Bank for Reconstruction and Development
Monday 24th April 2017

Asked by: Jeremy Lefroy (Conservative - Stafford)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether he has plans to (a) retain or (b) increase the UK's shareholding in the European Bank for Reconstruction and Development; and if he will make a statement.

Answered by David Gauke

There are no plans to change the UK’s shareholding in the European Bank for Reconstruction and Development. The UK remains firmly committed to membership of the European Bank for Reconstruction and Development, which is an international organisation, and is therefore unaffected by the UK’s exit from the European Union.