Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what fiscal steps he is taking to support the transition to net zero.
Answered by Gareth Davies - Shadow Minister (Business and Trade)
Spending Review 2021 confirmed that since March 2021 the government will have committed a total of £30 billion of domestic investment for the green industrial revolution. Since then, the government has made new announcements that provide long-term certainty on our investment plans, including £6 billion for energy efficiency and up to £20 billion for Carbon Capture, Utilisation and Storage. On the 30th March the government also set out further action to deliver net zero through its Powering Up Britain publication.
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will conduct a review of the availability of mortgages which comply with Islamic law.
Answered by Andrew Griffith - Shadow Secretary of State for Business and Trade
There are a broad range of mortgage products available on the market, including products that comply with Islamic law. Those wishing to take out a Sharia-compliant mortgage may wish to shop around and speak to a specialist mortgage broker in order to find the best possible product for them.
It is also worth noting that the UK is the leading western hub for Islamic finance, with more institutions offering Islamic financial services in the UK than anywhere in Europe or North America, including four fully licenced Sharia-compliant banks.
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential impact on the UK economy of (a) cancelling his planned corporation tax rise from 19% to 25% and (b) reducing that rate to 15%.
Answered by Richard Fuller - Shadow Chief Secretary to the Treasury
The UK’s main rate of Corporation Tax is currently legislated to increase from 19 per cent to 25 per cent from April 2023. The Prime Minister has committed to cancel this rate increase. The Chancellor will set out any plans on tax and implementation in due course.
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what meetings (a) he and (b) the former Chancellor have had with representatives from Uber since 2017.
Answered by Alan Mak
Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery.
Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what meetings (a) Ministers and (b) officials from his Department have held with representatives of Uber since 2017.
Answered by Alan Mak
Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery.
Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, when he last met a representative of the National Union of Rail, Maritime and Transport Workers in person.
Answered by Helen Whately - Shadow Secretary of State for Work and Pensions
Ministerial meetings with external organisations are published as part of the Department’s transparency data. The Chancellor has not had any meetings with representatives of the National Union of Rail, Maritime and Transport Workers within the last reporting period for ministerial meetings (1 October to 31 December 2021).
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, when his Department last held in-person discussions with the National Union of Rail, Maritime and Transport Workers.
Answered by Helen Whately - Shadow Secretary of State for Work and Pensions
The Department for Transport is responsible for the sector where most National Union of Rail, Maritime and Transport Workers are employed. The rail disputes are between individual employers and the trade unions, and it would not be prudent for Government to intervene in this relationship. Ministers encourage the unions to keep negotiating with Network Rail and the train operating companies, as the employers, to resolve this dispute. Ministers remain close to discussions that are taking place.