Infrastructure

Treasury written question – answered am ar 17 Gorffennaf 2013.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Ann McKechin Ann McKechin Llafur, Glasgow North

To ask the Chancellor of the exchequer how many applications there have been to the UK Guarantees scheme; and how many such applications were accepted.

Photo of Danny Alexander Danny Alexander The Chief Secretary to the Treasury

holding answer 16 July 2013

Over 125 inquiries have been received to date. More than 25 projects, worth £13.5 billion, are prequalified in addition to Hinkley Point C for a Guarantee. A further nine projects that prequalified for the scheme have found, or are close to finding, financing without the need for a Guarantee.

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Chancellor of the Exchequer

The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.

The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.

The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.

holding answer

Parliamentary questions are conventionally answered within seven days of being lodged, or on a particular day for so-called "Named Day" questions. (Source: House of Commons Information Office, Factsheet P1, "Parliamentary Questions")

A holding answer may be issued by a Minister if, for whatever reason, a substantive or final answer to the question cannot be provided in the time available.