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600963
registered interest false more like this
date remove filter
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading World War I: Debts more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government, following the announcement by the Chancellor of the Exchequer in October 2014 that they were planning to pay off some debts from World War One, how much has been paid off to date, and how much is still outstanding. more like this
tabling member printed
Lord Laird more like this
uin HL2303 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-25more like thismore than 2016-10-25
answer text <p>The Chancellor of the Exchequer announced on 3 December 2014 that the government would adopt a strategy to remove the remaining undated gilts in the government’s debt portfolio, thus repaying all the nation’s First World War debt.</p><p> </p><p>Three of the eight undated gilts that remained in the government’s portfolio in 2014 were issued to fund the First World War: the 4% Consolidated Loan, 3½% War Loan and 3½% Conversion Loan. These were redeemed in 2015, on 1 February, 9 March and 1 April respectively.</p><p> </p><p>Almost 99% of the amount due has been repaid to date. Due to the age of the records relating to undated gilts, the registrar has not been able to contact all holders. However, the government has thus repaid the vast majority of the nation’s First World War debt.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2016-10-25T12:35:02.793Zmore like thismore than 2016-10-25T12:35:02.793Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
2479
label Biography information for Lord Laird more like this
600976
registered interest false more like this
date remove filter
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Corporation Tax more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government what assessment they have made of the Fair Tax Mark for businesses. more like this
tabling member printed
Baroness Kennedy of Cradley more like this
uin HL2316 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-26more like thismore than 2016-10-26
answer text <p>The Government has recently legislated for the publication of tax strategy by the largest businesses; promoting board accountability for tax, and encouraging transparency on approach to tax planning. In this context, the Government welcomes all business moves to improve transparency over their own tax affairs.</p><p> </p><p> </p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2016-10-26T14:16:49.05Zmore like thismore than 2016-10-26T14:16:49.05Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
4303
label Biography information for Baroness Kennedy of Cradley more like this
600996
registered interest false more like this
date remove filter
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Financial Services: Brexit 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 the Government's policy is on transitional arrangements for financial service providers to minimise disruption to financial markets during and after the process of the UK leaving the EU. more like this
tabling member constituency Chipping Barnet more like this
tabling member printed
Mrs Theresa Villiers more like this
uin 48636 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-21more like thismore than 2016-10-21
answer text <p>The Government is working to deliver the best possible exit from the European Union. As the Prime Minister has said, we will not give a running commentary on the negotiations or our position.</p><p> </p> more like this
answering member constituency Brighton, Kemptown more like this
answering member printed Simon Kirby more like this
question first answered
less than 2016-10-21T08:22:15.19Zmore like thismore than 2016-10-21T08:22:15.19Z
answering member
3929
label Biography information for Simon Kirby more like this
tabling member
1500
label Biography information for Theresa Villiers more like this
600997
registered interest false more like this
date remove filter
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Financial Institutions: Insolvency 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 estimate he has made of the amount of money lost by UK investors as a result of Providence Bonds and Providence Bonds II being placed in administration in September 2016. more like this
tabling member constituency Coatbridge, Chryston and Bellshill more like this
tabling member printed
Phil Boswell more like this
uin 48608 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-21more like thismore than 2016-10-21
answer text <p>The government does not hold this information.</p> more like this
answering member constituency Brighton, Kemptown more like this
answering member printed Simon Kirby more like this
question first answered
less than 2016-10-21T09:09:23.477Zmore like thismore than 2016-10-21T09:09:23.477Z
answering member
3929
label Biography information for Simon Kirby more like this
tabling member
4388
label Biography information for Philip Boswell more like this
600998
registered interest false more like this
date remove filter
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Financial Institutions: Insolvency 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 communication has taken place between the UK Financial Ombudsman Service, the Bank of England and the Channel Islands Financial Ombudsman in relation to protection for investors in Providence Bonds and Providence Bonds II. more like this
tabling member constituency Coatbridge, Chryston and Bellshill more like this
tabling member printed
Phil Boswell more like this
uin 48609 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-21more like thismore than 2016-10-21
answer text <p>The government is unable to comment on the communications of external bodies.</p> more like this
answering member constituency Brighton, Kemptown more like this
answering member printed Simon Kirby more like this
question first answered
less than 2016-10-21T08:23:44.01Zmore like thismore than 2016-10-21T08:23:44.01Z
answering member
3929
label Biography information for Simon Kirby more like this
tabling member
4388
label Biography information for Philip Boswell more like this
600999
registered interest false more like this
date remove filter
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Investment: Protection 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, if he will make it his policy to increase financial protection for investors within the UK who invest in mini-bonds. more like this
tabling member constituency Coatbridge, Chryston and Bellshill more like this
tabling member printed
Phil Boswell more like this
uin 48610 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-21more like thismore than 2016-10-21
answer text <p>The government is committed to regulating only where there is a clear case for doing so, in order to avoid putting additional costs on lenders that would ultimately lead to higher costs for businesses and consumers.</p><p> </p><p>The marketing and promotion of mini-bonds is subject to financial promotion restrictions set out in the Financial Services and Markets Act (FSMA). Firms that fail to meet any of these requirements may be subject to enforcement action by the Financial Conduct Authority (FCA).</p> more like this
answering member constituency Brighton, Kemptown more like this
answering member printed Simon Kirby more like this
grouped question UIN 48612 more like this
question first answered
less than 2016-10-21T09:10:38.547Zmore like thismore than 2016-10-21T09:10:38.547Z
answering member
3929
label Biography information for Simon Kirby more like this
tabling member
4388
label Biography information for Philip Boswell more like this
601000
registered interest false more like this
date remove filter
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Investment: Protection 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 of the level of financial protection available to investors in mini-bonds not covered under the financial services compensation scheme. more like this
tabling member constituency Coatbridge, Chryston and Bellshill more like this
tabling member printed
Phil Boswell more like this
uin 48612 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-21more like thismore than 2016-10-21
answer text <p>The government is committed to regulating only where there is a clear case for doing so, in order to avoid putting additional costs on lenders that would ultimately lead to higher costs for businesses and consumers.</p><p> </p><p>The marketing and promotion of mini-bonds is subject to financial promotion restrictions set out in the Financial Services and Markets Act (FSMA). Firms that fail to meet any of these requirements may be subject to enforcement action by the Financial Conduct Authority (FCA).</p> more like this
answering member constituency Brighton, Kemptown more like this
answering member printed Simon Kirby more like this
grouped question UIN 48610 more like this
question first answered
less than 2016-10-21T09:10:38.613Zmore like thismore than 2016-10-21T09:10:38.613Z
answering member
3929
label Biography information for Simon Kirby more like this
tabling member
4388
label Biography information for Philip Boswell more like this
601001
registered interest false more like this
date remove filter
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Concentrix 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, pursuant to the oral contribution of the Financial Secretary to the Treasury of 14 September 2016, Official Report, column 914, how many people who had decisions made by Concentrix in relation to their tax credits overturned have received their payments within four working days. more like this
tabling member constituency Kingston upon Hull North more like this
tabling member printed
Diana Johnson more like this
uin 48615 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-24more like thismore than 2016-10-24
answer text <p>Concentrix has a fixed contract with HM Revenue and Customs (HMRC), the terms of which are available here: <a href="https://www.contractsfinder.service.gov.uk/Notice/85d1b730-5e4e-4be8-ae4c-3ac1f359afc7" target="_blank">https://www.contractsfinder.service.gov.uk/Notice/85d1b730-5e4e-4be8-ae4c-3ac1f359afc7</a>. HMRC only makes additional payments for amendment to claims which are correct.</p><p> </p><p>HMRC is operating within its funding allocation for this contract but has temporarily redeployed existing staff to resolve outstanding cases.</p><p> </p><p>HMRC does not hold specific information relating to the cost to issue letters referenced in the Answer to Question 44746 as these costs were borne by Concentrix. Claimants are given 30 days to provide the information requested in the letter. If after 30 days there has been no contact, tax credits payments are either suspended or reduced.</p><p> </p><p>As stated in the oral contribution of 14 September 2016, Official Report, column 914, once all of the information is received and the facts of the case have been established, payments should be made within 4 working days. And, to date, HMRC are issuing payments to achieve this timeframe.</p><p> </p><p>HMRC is currently focused on resolving the outstanding cases but will be preparing analysis, which will be made available in due course.</p>
answering member constituency Battersea more like this
answering member printed Jane Ellison more like this
grouped question UIN
48540 more like this
48542 more like this
48543 more like this
question first answered
less than 2016-10-24T15:49:49.937Zmore like thismore than 2016-10-24T15:49:49.937Z
answering member
3918
label Biography information for Jane Ellison more like this
tabling member
1533
label Biography information for Dame Diana Johnson more like this
601002
registered interest false more like this
date remove filter
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Concentrix: Correspondence 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, pursuant to the Answer of 7 September 2016 to Question 44746, how many of those letters were not responded to within 30 days; and what further action was taken against non-respondents from November 2014 to the end of August 2016. more like this
tabling member constituency Kingston upon Hull North more like this
tabling member printed
Diana Johnson more like this
uin 48621 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-24more like thismore than 2016-10-24
answer text <p>Concentrix has a fixed contract with HM Revenue and Customs (HMRC), the terms of which are available here: <a href="https://www.contractsfinder.service.gov.uk/Notice/85d1b730-5e4e-4be8-ae4c-3ac1f359afc7" target="_blank">https://www.contractsfinder.service.gov.uk/Notice/85d1b730-5e4e-4be8-ae4c-3ac1f359afc7</a>. HMRC only makes additional payments for amendment to claims which are correct.</p><p> </p><p>HMRC is operating within its funding allocation for this contract but has temporarily redeployed existing staff to resolve outstanding cases.</p><p> </p><p>HMRC does not hold specific information relating to the cost to issue letters referenced in the Answer to Question 44746 as these costs were borne by Concentrix. Claimants are given 30 days to provide the information requested in the letter. If after 30 days there has been no contact, tax credits payments are either suspended or reduced.</p><p> </p><p>As stated in the oral contribution of 14 September 2016, Official Report, column 914, once all of the information is received and the facts of the case have been established, payments should be made within 4 working days. And, to date, HMRC are issuing payments to achieve this timeframe.</p><p> </p><p>HMRC is currently focused on resolving the outstanding cases but will be preparing analysis, which will be made available in due course.</p>
answering member constituency Battersea more like this
answering member printed Jane Ellison more like this
question first answered
less than 2016-10-24T15:30:11.95Zmore like thismore than 2016-10-24T15:30:11.95Z
answering member
3918
label Biography information for Jane Ellison more like this
tabling member
1533
label Biography information for Dame Diana Johnson more like this
601003
registered interest false more like this
date remove filter
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Floods: EU Grants and Loans 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, how much EU Solidarity Fund flood relief funding the Government applied for after the 2015-16 winter storms. more like this
tabling member constituency Workington more like this
tabling member printed
Sue Hayman more like this
uin 48572 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-18more like thismore than 2016-10-18
answer text <p>In the case of regional applications such as that made by the UK following the severe flooding in winter 2015-16, the European Union Solidarity Fund (EUSF) retrospectively reimburses Member States for 2.5% of the costs incurred. The Government’s final application to the EUSF included an estimate of the costs of damage incurred in flood-affected areas. The European Commission is currently reviewing the application and will determine the amount of funding that the UK is eligible for.</p><p> </p> more like this
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
question first answered
less than 2016-10-18T15:59:39.343Zmore like thismore than 2016-10-18T15:59:39.343Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
4395
label Biography information for Baroness Hayman of Ullock more like this