Big Society Capital: Charities
Treasury
Dan Jarvis (Barnsley Central, Labour)
To ask the Chancellor of the Exchequer what discussions he has had with bank foundations on charitable giving to arts and culture charities.
Chloe Smith (Norwich North, Conservative)
The Chancellor of the Exchequer, my right hon. Friend Mr Osborne, has not had any discussions with bank foundations specifically concerning charitable giving to arts and culture charities.
As announced by the Chancellor of the Exchequer in his first Budget, the Government have introduced the Bank Levy, a permanent levy on banks' balance sheets, to ensure they make a fair contribution in respect of the potential risks they pose to the UK financial system and wider economy.