Canlyniadau 1–20 o 832 ar gyfer speaker:Gareth Davies

Written Answers — Treasury: Treasury: Redundancy Pay (24 Mai 2024)

Gareth Davies: It has not proved possible to respond to the hon. Member in the time available before Prorogation.

Written Answers — Treasury: Wines: Excise Duties (24 Mai 2024)

Gareth Davies: The Government has supported the wine industry with duty freezes at 6 of the last 12 fiscal events, including the decision at Spring Budget 2024 to freeze alcohol duty until 1 February 2025. As part of the new alcohol duty reforms, the Government has removed the sparkling wine premium, meaning sparkling wines now pay the same amount of duty as still wines of the same strength. As a result, an...

Written Answers — Treasury: Treasury: Equality (23 Mai 2024)

Gareth Davies: The Government has audited the cost-effectiveness of all equality, diversity and inclusion (EDI) activities, through the review of EDI spending announced last June. On 14th May the Minister without Portfolio made a written statement on the latest findings from the review. In response to these findings, the Cabinet Office is publishing the Civil Service EDI Expenditure Guidance. This includes...

Written Answers — Treasury: Treasury: Opposition (23 Mai 2024)

Gareth Davies: The Treasury does not record information relating to the allocation of staff time to specific tasks such as opposition costings. However, all work undertaken by HM Treasury staff (or officials from other departments) on opposition costings was completed in line with the guidance on ‘Costing the policies of Opposition parties’ set out in the Directory of Civil Service Guidance. Final...

Written Answers — Treasury: Treasury: Opposition (23 Mai 2024)

Gareth Davies: The Treasury does not routinely record information relating to the allocation of individual members of staff to specific tasks such as opposition costings. However, all work undertaken by HM Treasury officials (or officials from other departments) on opposition costings was completed in line with the guidance on ‘Costing the policies of Opposition parties’ set out in the Directory of...

Written Answers — Treasury: Shops: Closures (23 Mai 2024)

Gareth Davies: Detailed information on the closure of high street business is not held in the form requested. Statistics on company insolvency is available here: https://www.ons.gov.uk/businessindustryandtrade/business/act ivitysizeandlocation/bulletins/businessdemography/2022 The government is aware that the high street faces long-term challenges and is committed to supporting the businesses that make...

Written Answers — Treasury: UK Infrastructure Bank: Constellia Public (23 Mai 2024)

Gareth Davies: The UK Infrastructure Bank is an operationally independent arms-length body. Civil Service EDI expenditure guidance does not extend to organisations outside the Civil Service or ALBs not employing Civil Servants.

Written Answers — Treasury: Landfill Tax: Fraud (22 Mai 2024)

Gareth Davies: HM Revenue and Customs (HMRC) has no role in investigating allegations of Landfill Disposals Tax fraud in Wales. However, HMRC does work collaboratively with the Welsh Revenue Authority and Joint Unit for Waste Crime to discuss and share intelligence to address cross-border issues.

Written Answers — Treasury: Landfill Tax: Fraud (22 Mai 2024)

Gareth Davies: Over the last year HM Revenue and Customs (HMRC) has deployed additional resources to tackle landfill tax fraud and support the Joint Unit of Waste Crime (JUWC) and other agencies to identify and tackle wider waste crime. HMRC has created a new team to monitor high risk waste producers to deter misdescription at source and reduce non-compliance across the sector. It has increased compliance...

Written Answers — Treasury: Landfill Tax: Fraud (22 Mai 2024)

Gareth Davies: HM Revenue & Customs publishes estimates of the amount of Landfill Tax revenue lost as part of its annual Measuring Tax Gaps report. The most recent estimate gives a Landfill Tax gap of 18.4% of the theoretical Landfill Tax liability, or £150 million in the 2021 to 2022 tax year. The Landfill Tax gap is based on an experimental methodology and has high uncertainty.

Written Answers — Treasury: Golf: Southport (22 Mai 2024)

Gareth Davies: Sport England, receives £323m in Exchequer and Lottery funding each year. Since 2019 Sport England have invested over £13.7m into projects which facilitate participation in golf. This includes £7.9m of system partner investment to England Golf to grow and develop the sport across the country between 2022 and 2027. Sport England also provides support for grassroots sport through the...

Written Answers — Treasury: Coastal Areas: Tourism (22 Mai 2024)

Gareth Davies: The Government recognises the central role of our coastal communities in the tourism sector. This is why on Heritage Day in March, the Department for Culture, Media and Sport announced that it will be launching a dedicated fund to support enhancements to our seaside heritage, to help protect and rejuvenate coastal assets which are in need of further support. At the Autumn Statement 2023,...

Pwyllgor Mesur Cyhoeddus: Finance (No. 2) Bill: Clause 20 - Collective investment schemes: co-ownership schemes (21 Mai 2024)

Gareth Davies: I am always grateful to see the hon. Member for Hampstead and Kilburn in her place in opposition in these forums, and I appreciate her comments. I will first set out the background to the establishment of the RIF, which was based on significant consultation with industry to fill a specific gap for an unauthorised, contractual-based vehicle. As such, it was based on specific feedback from the...

Pwyllgor Mesur Cyhoeddus: Finance (No. 2) Bill: Clause 20 - Collective investment schemes: co-ownership schemes (21 Mai 2024)

Gareth Davies: This is designed specifically to fill a gap that was previously or currently filled by things such as Jersey property investment trusts. Where there are unauthorised, contractual-based schemes, we do not currently have a vehicle that fills that gap. What we are introducing with the RIF fills that gap and satisfies a vast amount of stakeholders who fed into the consultation, and we are...

Pwyllgor Mesur Cyhoeddus: Finance (No. 2) Bill: Clause 21 - Economic crime (anti-money laundering) levy (21 Mai 2024)

Gareth Davies: Clause 21 increases the economic anti-money laundering levy for very large firms, meaning firms regulated for anti-money laundering purposes and which have UK revenue greater than £1 billion per annum. The charge for very large firms increased from £250,000 to £500,000 with effect from 1 April 2024. There is no change to the charge for firms with revenue below £1 billion per annum. The...

Pwyllgor Mesur Cyhoeddus: Finance (No. 2) Bill: Clause 21 - Economic crime (anti-money laundering) levy (21 Mai 2024)

Gareth Davies: I am grateful for the comments from Opposition Members. I think we all agree that we want to tackle these issues in the most serious way possible, with the most force. I am comforted by the comments from the Financial Action Task Force, which previously said that the UK has one of the strongest regimes when it comes to tackling economic crime. The levy specifically seeks to fund the tackling...

Pwyllgor Mesur Cyhoeddus: Finance (No. 2) Bill: Clause 20 - Collective investment schemes: co-ownership schemes (21 Mai 2024)

Gareth Davies: It is a great pleasure, as always, to see you in the Chair, Mrs Latham. Clause 20 begins the process of introducing legislation for a new type of investment fund—the reserved investor fund, which I will refer to from now on as the RIF. At Budget 2020, the Government announced a review of the UK’s funds regime, covering tax and relevant areas of regulation. The review had an overarching...

Written Answers — Treasury: Economic Growth: North West (20 Mai 2024)

Gareth Davies: The economy has performed better than expected in the face of unprecedented shocks, and the plan is working. The economy grew by 0.6% in the first quarter of 2024, the fastest quarterly growth rate in over two years, and growth is forecast to pick up both this year and next. Subnational GDP figures over the same period are not yet available therefore no assessment has been made of the...

Written Answers — Treasury: Treasury: Motor Vehicles (20 Mai 2024)

Gareth Davies: HMT does not hold this information as it contracts the use of cars and vehicles from the Government Car Service operated by the Department of Transport.

Written Answers — Treasury: Treasury: Darlington (20 Mai 2024)

Gareth Davies: HM Treasury continues to drive forward the government’s levelling up agenda by establishing roles in the Darlington Economic Campus and the 2022-23 Annual Reports and Accounts celebrates our achievement in building sustainable careers outside of London. The department is unable to answer this question in full due to the use of the term ‘Whitehall’. It is unclear whether this means...


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