Treasury written question – answered at on 29 March 2010.
Judy Mallaber
Labour, Amber Valley
To ask the Chancellor of the exchequer what the monetary value is of Government contracts with Cable & Wireless to supply internet services.
Ian Pearson
Economic Secretary, HM Treasury
holding answer
Details of the monetary value of Government contracts with Cable and Wireless are not held centrally.
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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.
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.