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752091
registered interest false more like this
date less than 2017-07-14more like thismore than 2017-07-14
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury more like this
hansard heading Financial Services more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment he has made on the effect on the financial stability of the UK of the Financial Policy Committee's decision of 21 June 2017 to bring forward the assessment of stressed losses on consumer credit lending in the Bank of England's 2017 annual stress test. more like this
tabling member constituency Ross, Skye and Lochaber more like this
tabling member printed
Ian Blackford more like this
uin 5064 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-20more like thismore than 2017-07-20
answer text <p>The assessment of the effect of the decisions made by the Financial Policy Committee (FPC) on the financial stability of the UK is a matter for the FPC. The government established the independent FPC in 2013, giving the FPC a primary objective to identify, monitor and take action to remove or reduce systemic risks with a view to protecting and enhancing the resilience of the UK financial system. The FPC comprises thirteen members including the Governor and a non-voting member from HM Treasury (currently the Second Permanent Secretary).</p><p> </p><p>Following its recent policy meeting on 21 June, the FPC published the Financial Stability Report (FSR) on 27 June. The FSR set out the FPC’s latest assessment of the outlook for financial stability in the UK, as well as the actions that the FPC has deemed necessary to meet its objectives.</p><p> </p><p>The Chancellor of the Exchequer is legally required to meet the Governor to discuss the FSR and other matters relating to UK financial stability as appropriate, as soon as possible after the publication of the FSR. HM Treasury will publish a record of this meeting within 6 weeks of the meeting taking place.</p>
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
grouped question UIN
5065 more like this
5066 more like this
5067 more like this
question first answered
less than 2017-07-20T14:38:04.773Zmore like thismore than 2017-07-20T14:38:04.773Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4390
label Biography information for Ian Blackford more like this
752092
registered interest false more like this
date less than 2017-07-14more like thismore than 2017-07-14
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury more like this
hansard heading Financial Services more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment he has made on the effect on the financial stability of the UK of the Financial Policy Committee's decision of 21 June 2017 to raise the UK's Countercyclical Capital Buffer rates from 0 per cent to 0.5 per cent. more like this
tabling member constituency Ross, Skye and Lochaber more like this
tabling member printed
Ian Blackford more like this
uin 5065 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-20more like thismore than 2017-07-20
answer text <p>The assessment of the effect of the decisions made by the Financial Policy Committee (FPC) on the financial stability of the UK is a matter for the FPC. The government established the independent FPC in 2013, giving the FPC a primary objective to identify, monitor and take action to remove or reduce systemic risks with a view to protecting and enhancing the resilience of the UK financial system. The FPC comprises thirteen members including the Governor and a non-voting member from HM Treasury (currently the Second Permanent Secretary).</p><p> </p><p>Following its recent policy meeting on 21 June, the FPC published the Financial Stability Report (FSR) on 27 June. The FSR set out the FPC’s latest assessment of the outlook for financial stability in the UK, as well as the actions that the FPC has deemed necessary to meet its objectives.</p><p> </p><p>The Chancellor of the Exchequer is legally required to meet the Governor to discuss the FSR and other matters relating to UK financial stability as appropriate, as soon as possible after the publication of the FSR. HM Treasury will publish a record of this meeting within 6 weeks of the meeting taking place.</p>
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
grouped question UIN
5064 more like this
5066 more like this
5067 more like this
question first answered
less than 2017-07-20T14:38:04.9Zmore like thismore than 2017-07-20T14:38:04.9Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4390
label Biography information for Ian Blackford more like this
752093
registered interest false more like this
date less than 2017-07-14more like thismore than 2017-07-14
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury more like this
hansard heading Financial Services more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment he has made on the effect on the financial stability of the UK of the Financial Policy Committee's decision of 21 June 2017 to set the minimum leverage requirements at 3.25 per cent of non-reserve exposures. more like this
tabling member constituency Ross, Skye and Lochaber more like this
tabling member printed
Ian Blackford more like this
uin 5066 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-20more like thismore than 2017-07-20
answer text <p>The assessment of the effect of the decisions made by the Financial Policy Committee (FPC) on the financial stability of the UK is a matter for the FPC. The government established the independent FPC in 2013, giving the FPC a primary objective to identify, monitor and take action to remove or reduce systemic risks with a view to protecting and enhancing the resilience of the UK financial system. The FPC comprises thirteen members including the Governor and a non-voting member from HM Treasury (currently the Second Permanent Secretary).</p><p> </p><p>Following its recent policy meeting on 21 June, the FPC published the Financial Stability Report (FSR) on 27 June. The FSR set out the FPC’s latest assessment of the outlook for financial stability in the UK, as well as the actions that the FPC has deemed necessary to meet its objectives.</p><p> </p><p>The Chancellor of the Exchequer is legally required to meet the Governor to discuss the FSR and other matters relating to UK financial stability as appropriate, as soon as possible after the publication of the FSR. HM Treasury will publish a record of this meeting within 6 weeks of the meeting taking place.</p>
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
grouped question UIN
5064 more like this
5065 more like this
5067 more like this
question first answered
less than 2017-07-20T14:38:04.997Zmore like thismore than 2017-07-20T14:38:04.997Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4390
label Biography information for Ian Blackford more like this
752094
registered interest false more like this
date less than 2017-07-14more like thismore than 2017-07-14
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury more like this
hansard heading Financial Services more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment he has made on the effect on the financial stability of the UK of the Financial Policy Committee's decision of 21 June 2017 to oversee contingency planning to mitigate risk as the UK leaves the EU. more like this
tabling member constituency Ross, Skye and Lochaber more like this
tabling member printed
Ian Blackford more like this
uin 5067 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-20more like thismore than 2017-07-20
answer text <p>The assessment of the effect of the decisions made by the Financial Policy Committee (FPC) on the financial stability of the UK is a matter for the FPC. The government established the independent FPC in 2013, giving the FPC a primary objective to identify, monitor and take action to remove or reduce systemic risks with a view to protecting and enhancing the resilience of the UK financial system. The FPC comprises thirteen members including the Governor and a non-voting member from HM Treasury (currently the Second Permanent Secretary).</p><p> </p><p>Following its recent policy meeting on 21 June, the FPC published the Financial Stability Report (FSR) on 27 June. The FSR set out the FPC’s latest assessment of the outlook for financial stability in the UK, as well as the actions that the FPC has deemed necessary to meet its objectives.</p><p> </p><p>The Chancellor of the Exchequer is legally required to meet the Governor to discuss the FSR and other matters relating to UK financial stability as appropriate, as soon as possible after the publication of the FSR. HM Treasury will publish a record of this meeting within 6 weeks of the meeting taking place.</p>
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
grouped question UIN
5064 more like this
5065 more like this
5066 more like this
question first answered
less than 2017-07-20T14:38:05.107Zmore like thismore than 2017-07-20T14:38:05.107Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4390
label Biography information for Ian Blackford more like this
748014
registered interest false more like this
date less than 2017-07-04more like thismore than 2017-07-04
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what measures have they put in place to ensure that investors have confidence in the UK economy. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL468 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-11more like thismore than 2017-07-11
answer text <p>The government believes that balancing the public finances is key to ensuring confidence in the UK economy and delivering sustainable growth. The Industrial Strategy will support economic growth by increasing productivity and driving growth across the whole country. The government has announced over £23bn of additional investment in economic infrastructure, research and development, and housing. The government will also cut corporation tax to 17 per cent - the lowest rate in the G20.</p><p> </p> more like this
answering member printed Lord Bates more like this
question first answered
less than 2017-07-11T15:10:02.76Zmore like thismore than 2017-07-11T15:10:02.76Z
answering member
1091
label Biography information for Lord Bates more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this