18 Jun 2026·Treasury·Answered
AskedWhat assessment she has made of the potential impact of levels of interest rates on economic growth over the next 12 months.
ReplyLow and stable inflation is essential for long-term economic growth and sustained increases in living standards. It reduces uncertainty and eases costs for businesses and consumers, allowing them to make long-term planning and investment decisions. The in...
16 Jun 2026·Treasury·Answered
AskedIf she will provide a breakdown of staff employed by her department by region.
ReplyThe figures for staff employed at HM Treasury by region are published in the annual Civil Service Statistics. A link to the information is provided https://www.gov.uk/government/statistics/civil-service-statistics-2025. The data can be found in Table 12a.
15 Jun 2026·Treasury·Answered
AskedWhat estimate she has made of the number of state pensioners who will pay income tax in each financial year from 2026–27 to 2030–31.
ReplyThe Chancellor has set out that individuals whose only income is the basic or new State Pension, without increments, will not pay income tax over this Parliament. The number of individual Income Tax payers by age can be found in Table 2.1 of the Income Ta...
15 Jun 2026·Treasury·Answered
AskedIf she will consider extending the Small Producer Relief to small distilleries.
ReplyProducers making spirits-based products below 8.5% alcohol by volume are already eligible to claim Small Producer Relief on products such as ready-to-drink cocktails. The 8.5% ABV limit ensures these reliefs are targeted at lower strength products. This i...
15 Jun 2026·Treasury·Answered
AskedWhether she plans to review the level of the Personal Allowance before the scheduled end of the threshold freeze in 2031.
ReplyThe previous government froze income tax thresholds from 2021/22 until 2027/28 – this means they were not due to rise until April 2028 at the earliest. The Government is asking everyone to contribute to maintain funding for the NHS and reduce debt, and it...
12 Jun 2026·Treasury·Answered
AskedWhat estimate her Department has made of the number of rural pubs that have permanently closed in each month since July 2024.
ReplyONS data shows there were over 600 more hospitality businesses in 2025 than in 2024. We continue to closely monitor the health of different sectors across the UK economy, including pubs and hospitality, and regularly engage with these sectors – including ...
12 Jun 2026·Treasury·Answered
AskedWhat assessment she has made of the potential impact of the 2026 business rates revaluation on rural pubs.
ReplyI refer you to my answer to PQ UIN 117188.
9 Jun 2026·Treasury·Answered
AskedWhat the average time to reply to correspondence from hon. Members was in each month since July 2024.
ReplyHM Treasury fully recognises the important role Parliament has in holding Government to account and the need for ministers to provide full and timely responses to requests for information. HM Treasury does not track average response times but in line with...
8 Jun 2026·Treasury·Answered
AskedWhether she has considered the potential merits of suspending import tariffs on fertiliser products including urea and ammonium nitrate.
ReplyI refer the honourable member to the answer given to UIN 6206 on 10 June 2026.
2 Jun 2026·Treasury·Answered
AskedWhether she has considered extending to community pharmacies the business rates mitigation measures announced for other high street sectors.
ReplyCommunity pharmacies are eligible for the new permanently lower multipliers for eligible retail, hospitality and leisure (RHL) properties introduced by Government. These new multipliers are worth nearly £1 billion per year and benefit over 750,000 propert...
2 Jun 2026·Treasury·Answered
AskedWhat estimate she has made of the impact of employer National Insurance contribution changes on consumer prices in supermarkets.
ReplyA Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to employer NICs. The TIIN sets out the impact of the policy on the exchequer, the economic impacts of the policy, and the impacts on indi...
2 Jun 2026·Treasury·Answered
AskedWhat assessment she has made of the potential impact of the increase in employer National Insurance contributions introduced in April 2025 on employment levels in the retail, hospitality and leisure sectors in Lanca
ReplyThe Government has taken a number of fair and necessary decisions on tax, welfare, and spending to fix the public finances and fund public services. One of these decisions, taken at Autumn Budget 2024, was to increase the rate of employer National Insuran...
2 Jun 2026·Treasury·Answered
AskedIf she will assess the potential merits of suspending import tariffs on fertiliser products, including urea and ammonium nitrate, in the context of levels of geopolitical instability.
ReplyThe Government has launched a call for input on suspending tariffs on a range of fertilisers, including urea. Businesses and other stakeholders have the opportunity to suggest additional fertiliser products are suspended as part of that call for input, wh...
2 Jun 2026·Treasury·Answered
AskedWhat assessment she has made of the potential impact of the Carbon Border Adjustment Mechanism on fertiliser prices for farmers.
ReplyThe previous government announced the introduction of CBAM in 2023, in order to protect UK businesses producing carbon intensive goods domestically. In recent years, UK-based fertiliser manufacturers have received sufficient free allowances to cover their...
29 May 2026·Treasury·Answered
AskedWhat recent assessment he has made of the potential impact of maintaining annual increases in Vehicle Excise Duty for private cars while reducing rates for heavy goods vehicles on drivers.
ReplyAs announced on 20 May 2026, the Government is providing temporary support to the heavy goods vehicle (HGV) sector to reflect its disproportionate exposure to diesel costs and its importance to supply chains across the economy. The 12-month vehicle excise...
21 May 2026·Treasury·Answered
AskedWhat steps she is taking to ensure the VAT cut on summer activities will be passed onto consumers.
ReplyFrom 25 June to 1 September the Government is introducing a temporary reduced rate of VAT on children's menu meals and family leisure activitiesHMRC has published guidance for businesses to operationalise the measures, and the Government expects participa...
21 May 2026·Treasury·Answered
AskedIf she will extend the VAT relief on summer activities to hospitality businesses such as hotels, bars and restaurants.
ReplyFrom 25 June to 1 September the Government is introducing a temporary reduced rate of VAT on children's menu meals and family leisure activitiesThe VAT relief is temporary — running over the summer months only —providing targeted support without undermini...
20 May 2026·Treasury·Answered
AskedWhat discussions she has had with the Governor of the Bank of England on the inflationary effects of higher fuel prices.
ReplyThe Chancellor of the Exchequer and the Governor of the Bank of England meet regularly to discuss economic developments including inflation. There are also regular discussions between the Bank of England and the Treasury on the drivers of inflation, inclu...
20 May 2026·Treasury·Answered
AskedWhether the Government intends to maintain current levels of fuel duty beyond the end of 2026 if fuel prices remain elevated.
ReplyOn 20 May, the Government announced support for households and businesses with their fuel costs, in response to the conflict in the Middle East. This included extending the temporary 5p cut to 31 December 2026, providing universal support and ensuring the...
20 May 2026·Treasury·Answered
AskedWhat monitoring mechanisms are in place to ensure that reductions in fuel duty are reflected in pump prices.
ReplyOn 20 May, the Government announced support for households and businesses with their fuel costs, in response to the conflict in the Middle East. This included extending the temporary 5p cut to 31 December 2026, providing universal support and ensuring the...