Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has had discussions with the Prudential Regulation Authority on the potential impact of reforming Solvency UK on the availability of annuity capital for investment in (a) housing, (b) transport and (c) infrastructure in (i) the UK and (ii) Newcastle-under-Lyme constituency.

I have regular discussions with the Prudential Regulation Authority on a range of subjects, including the potential of recent reforms to the prudential requirements for insurers to have a positive impact on investment into productive UK assets, such as housing, transport, and infrastructure.