Gareth Davies MP: written questions
43 published records · newest first.
Written questions
Carbon Emissions: AviationDepartment for Energy Security and Net ZeroTabled 30 Apr 2025AnsweredUIN 49465More
Question: To ask the Secretary of State for Energy Security and Net Zero, with reference to the Climate Change Committee's report on the Seventh Carbon Budget, published on 26 February 2025, what estimate he has made of the proportion of emissions reductions in avi
Answer: The Department for Transport leads on policy to reduce transport emissions and is making great strides in transitioning to greener aviation. Measures to date include introducing the Sustainable Aviation Fuel Mandate, delivering the airspace modernisation ...
Answered 6 May 2025
Original Parliament recordClimate Change: Carbon EmissionsTreasuryTabled 17 Apr 2025AnsweredUIN 45934More
Question: To ask the Chancellor of the Exchequer, what recent discussions she has had with the Security of State for Energy Security and Net Zero on a response to the Climate Change Committee’s report on the Seventh Carbon Budget, published on 26 February 2025.
Answer: In line with the Climate Change Act 2008, the Government will respond to the Climate Change Committee’s Seventh Carbon Budget Advice and set the seventh carbon budget in law by 30 June 2026. The Government will set out policies to support delivery of the ...
Answered 25 Apr 2025
Original Parliament recordAviation: Carbon EmissionsTreasuryTabled 17 Apr 2025AnsweredUIN 45933More
Question: To ask the Chancellor of the Exchequer, what assessment she has made of the implications for her Department’s policies of section 7.6 of the Climate Change Committee's Seventh Carbon Budget on aviation, published on 26 February 2025.
Answer: In line with the Climate Change Act 2008, the Government will respond to the Climate Change Committee’s Seventh Carbon Budget Advice and set the seventh carbon budget in law by 30 June 2026. The Government will set out policies to support delivery of the ...
Answered 25 Apr 2025
Original Parliament recordAir Passenger DutyTreasuryTabled 17 Apr 2025AnsweredUIN 45932More
Question: To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of increases to Air Passenger Duty in (a) 2025 and (b) 2026 on passenger demand.
Answer: The Government published Tax Impact and Information Notes (TIINs) assessing the impacts of the 2025/26 and 2026/27 Air Passenger Duty rates: Air Passenger Duty: rates from 1 April 2025 to 31 March 2026 - GOV.UK Air Passenger Duty: rates from 1 April 2026 ...
Answered 25 Apr 2025
Original Parliament recordNational Wealth FundTreasuryTabled 8 Apr 2025AnsweredUIN 45137More
Question: To ask the Chancellor of the Exchequer, with reference to her letter to the CEO of the National Wealth Fund entitled Statement of Strategic Priorities to the National Wealth Fund, dated 19 March 2025, in what circumstances the National Wealth Fund should
Answer: The National Wealth Fund remains operationally independent in its day-to-day activities and its investment committees make investment decisions based on the merits of each opportunity. All investments should align with its objectives and investment princi...
Answered 23 Apr 2025
Original Parliament recordChurchesDepartment for Culture, Media and SportTabled 7 Apr 2025AnsweredUIN 44614More
Question: To ask the Secretary of State for Culture, Media and Sport, whether her Department has made an assessment of the contribution of (a) churches and (b) church buildings to (i) society and (ii) the economy each year.
Answer: A fully comprehensive assessment of the social and spiritual contribution churches, whether in their physical or congregational form, make to the nation would be beyond the scope or ability of any government. They provide sanctuary, enlightenment, succour...
Answered 22 Apr 2025
Original Parliament recordHospices: Employers' ContributionsTreasuryTabled 7 Apr 2025AnsweredUIN 44613More
Question: To ask the Chancellor of the Exchequer, with reference to her oral answer to the question from the Rt hon. Member for Gainsborough on 21 January 2025, Official Report, col 859, how the Government plans to compensate hospices for the increase in Secondary
Answer: The Government recognises the vital role hospices play in supporting people at the end of life and their families. The Government will provide support for departments and other public sector employers for additional employer National Insurance costs only....
Answered 22 Apr 2025
Original Parliament recordBritish Business Bank: National Wealth FundTreasuryTabled 7 Apr 2025AnsweredUIN 44612More
Question: To ask the Chancellor of the Exchequer, pursuant to the Answer of 4 February 2025 to Question 27493 on British Business Bank: National Wealth Fund and with reference to the press release entitled Boost for new National Wealth Fund to unlock private invest
Answer: The National Wealth Fund (NWF) is at the forefront of investing public money and will work in close partnership with other public financial institutions, including the British Business Bank. The UK’s public financial institutions each target specific mark...
Answered 22 Apr 2025
Original Parliament recordNational Wealth FundTreasuryTabled 7 Apr 2025AnsweredUIN 44611More
Question: To ask the Chancellor of the Exchequer, with reference to her letter to the CEO of the National Wealth Fund entitled Statement of Strategic Priorities to the National Wealth Fund, dated 19 March 2025, whether additional risk management employees will be h
Answer: As the National Wealth Fund delivers on its wider remit with an increased risk appetite, and its portfolio of investments grows, it will require more resources and expertise to manage the increasing number of projects effectively. The risk function is one...
Answered 22 Apr 2025
Original Parliament recordNational Wealth FundTreasuryTabled 4 Mar 2025AnsweredUIN 35382More
Question: To ask the Chancellor of the Exchequer, with reference to the Chief Secretary to the Treasury's oral contribution of 4 March 2025, Official Report, what her policy is on the operational independence of the National Wealth Fund.
Answer: The National Wealth Fund is operationally independent and has delegated authority to make investment decisions, subject to those investments meeting certain conditions agreed with HM Treasury. An investment made by the National Wealth Fund would need to h...
Answered 7 Mar 2025
Original Parliament recordNational Wealth Fund: GrangemouthTreasuryTabled 4 Mar 2025AnsweredUIN 35381More
Question: To ask the Chancellor of the Exchequer, with reference to the Chief Secretary to the Treasury's oral contribution of 4 March 2025, Official Report, if she will publish the National Wealth Fund's business case to fund the £200 million investment in Grangem
Answer: The National Wealth Fund has made financing available for new investment projects in Grangemouth, subject to viable proposals coming forward. This financing will help unlock Grangemouth’s full potential and secure our clean energy future. Any investment m...
Answered 7 Mar 2025
Original Parliament recordNational Wealth FundTreasuryTabled 4 Mar 2025AnsweredUIN 35380More
Question: To ask the Chancellor of the Exchequer, with reference to the Chief Secretary to the Treasury's oral contribution of 4 March 2025, Official Report, what is the process for approval by the National Wealth Fund of a proposed business case for investment; an
Answer: The National Wealth Fund considers business cases for investments on a case-by-case basis, supporting proposals that fall within the scope of its mandate and investment principles. An investment made by National Wealth Fund would need to have satisfied it...
Answered 7 Mar 2025
Original Parliament recordUK Infrastructure BankTreasuryTabled 25 Feb 2025AnsweredUIN 33591More
Question: To ask the Chancellor of the Exchequer, what (a) in-person meeting, (b) virtual meeting and (c) other outreach work the UK Infrastructure Bank undertook between 17 June 2021 and 4 July 2024.
Answer: The National Wealth Fund (NWF) and formerly the UK Infrastructure Bank, actively engages with various stakeholders to enhance the effectiveness and impact of its deals and local authority advisory services. By collaborating with a variety of stakeholders,...
Answered 3 Mar 2025
Original Parliament recordNational Wealth FundTreasuryTabled 25 Feb 2025AnsweredUIN 33590More
Question: To ask the Chancellor of the Exchequer, with reference to her Department's policy paper entitled National Wealth Fund: Mobilising Private Investment, published on 14 October 2024, what outreach work the National Wealth Fund has undertaken including but no
Answer: The National Wealth Fund (NWF) and formerly the UK Infrastructure Bank, actively engages with various stakeholders to enhance the effectiveness and impact of its deals and local authority advisory services. By collaborating with a variety of stakeholders,...
Answered 3 Mar 2025
Original Parliament recordNational Wealth FundTreasuryTabled 25 Feb 2025AnsweredUIN 33589More
Question: To ask the Chancellor of the Exchequer, with reference to Q110 of the oral evidence given by the Second Permanent Secretary to the Treasury Select Committee on 12 February 2025, how the risk framework of the National Wealth Fund differs from that of the U
Answer: The National Wealth Fund (NWF) are currently revising their risk management framework to reflect changes made from the UK Infrastructure Bank’s strategic objectives, economic capital and risk appetite. A revised version will be published on the NWF websit...
Answered 3 Mar 2025
Original Parliament recordNational Wealth FundTreasuryTabled 25 Feb 2025AnsweredUIN 33588More
Question: To ask the Chancellor of the Exchequer, with reference to Q110 of the oral evidence given by the Second Permanent Secretary to the Treasury Select Committee on 12 February 2025, which financial instruments will be available to the National Wealth Fund whi
Answer: The Chancellor announced at the International Investment Summit on 14th October 2024 that the UK Infrastructure Bank (UKIB) would be transformed into the National Wealth Fund (NWF), building on UKIB’s expertise and leadership. To empower the NWF to maximi...
Answered 3 Mar 2025
Original Parliament recordNational Wealth FundTreasuryTabled 25 Feb 2025AnsweredUIN 33587More
Question: To ask the Chancellor of the Exchequer, with reference to her Department's policy paper entitled National Wealth Fund: Mobilising Private Investment, published on 14 October 2024, what were the previous constraints in relation to the amount of economic ri
Answer: The most important constraint on the National Wealth Fund’s risk appetite is its economic capital risk budget, which limits the total risk exposure it can hold. The UK Infrastructure Bank had £22 billion of notional financial capacity and an economic risk...
Answered 3 Mar 2025
Original Parliament recordTax YieldsTreasuryTabled 25 Feb 2025AnsweredUIN 33586More
Question: To ask the Chancellor of the Exchequer, what estimate her Department has made of the revenues to the Exchequer (a) in total and (b) from each form of tax in (i) 2024-25 and (ii) 2025-26.
Answer: HM Revenue & Customs (HMRC) publish tax receipts and National Insurance contributions for the UK each month. This information is publicly available and currently presenting outturn up to January 2025. The OBR publish forecasts for receipts and public ...
Answered 5 Mar 2025
Original Parliament recordTaxationTreasuryTabled 25 Feb 2025AnsweredUIN 33585More
Question: To ask the Chancellor of the Exchequer, with reference to the Autumn Budget 2024, HC 295, if she will list the tax changes that will come into effect on 6 April 2025.
Answer: A full list of the tax measures announced at Autumn Budget 2024, including when the measures take effect, can be found in the Overview Of Tax Legislation And Rates on the gov.uk website.
Answered 5 Mar 2025
Original Parliament recordBritish International InvestmentForeign, Commonwealth and Development OfficeTabled 12 Feb 2025AnsweredUIN 31164More
Question: To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to his Department's press release entitled New partnerships with financial sector to unlock growth in UK and overseas, published on 3 February 2025, what role
Answer: British Investment International (BII) is a core part of the Government's partnership with private finance to mobilise investment into emerging markets, unlocking economic growth and sustainable development. A central component of their role is a new £100...
Answered 26 Feb 2025
Original Parliament recordBusiness: TaxationTreasuryTabled 12 Feb 2025AnsweredUIN 31163More
Question: To ask the Chancellor of the Exchequer, whether her Department has plans to create a business tax roadmap including taxes such as secondary Class 1 National Insurance Contributions.
Answer: The Government published the Corporate Tax Roadmap at Autumn Budget 2024. This Roadmap confirms the major features of the Corporation Tax regime for the duration of this Parliament. The Roadmap reflects the particular importance of Corporation Tax to sign...
Answered 26 Feb 2025
Original Parliament recordElectric Vehicles: Exhaust EmissionsTreasuryTabled 12 Feb 2025AnsweredUIN 31162More
Question: To ask the Chancellor of the Exchequer, what fiscal steps she is taking to support the purchase of zero-emission and low-emission vehicles.
Answer: The Government is fully committed to the transition to electric vehicles. At Autumn Budget 2024, the Government announced £2.3bn of funding for the automotive sector up to 2030 to support the transition to Zero Emission Vehicles. The Government also annou...
Answered 26 Feb 2025
Original Parliament recordState Retirement Pensions and Income Tax: Tax AllowancesTreasuryTabled 12 Feb 2025AnsweredUIN 31161More
Question: To ask the Chancellor of the Exchequer, what estimate she has made of future trends in the level of the (a) State Pension and (b) Income tax personal allowance threshold; and whether her Department forecasts the State Pension to exceed the income tax pers
Answer: The Government is committed to ensuring that older people are able to live with the dignity and respect they deserve, and the State Pension is the foundation of state support for older people. The Government is committed to the Triple Lock for the duratio...
Answered 26 Feb 2025
Original Parliament recordBritish Business Bank: National Wealth FundTreasuryTabled 29 Jan 2025AnsweredUIN 27493More
Question: To ask the Chancellor of the Exchequer, whether her Department has plans to align the British Business Bank under the National Wealth Fund.
Answer: The National Wealth Fund (NWF) is the UK’s impact investor, mobilising billions of pounds of investment in the UK’s world-leading clean energy and growth industries. The British Business Bank (BBB) continues to be responsible for improving access to finan...
Answered 4 Feb 2025
Original Parliament recordSolar Power: LincolnshireDepartment for Energy Security and Net ZeroTabled 29 Jan 2025AnsweredUIN 27491More
Question: To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential impact of Heckington Fen Solar Park on future trends in the level of energy bills for (a) domestic and (b) commercial consumers in Lincolnshire.
Answer: Decarbonising the power system by building more solar will increase energy security by reducing the UK’s dependence on imported oil and gas, which will in turn reduce the exposure of consumer bills to volatile international prices. Currently the cost of e...
Answered 4 Feb 2025
Original Parliament record
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