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1126562
registered interest false remove filter
date remove maximum value filtermore like thismore than 2019-05-14
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Treasury: Sick Leave more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, how many and what proportion of officials in his Department took sick leave for reasons relating to stress in the last 12 months; what proportion that leave was of total sick leave taken in his Department; and what the cost was to his Department of officials taking sick leave over that period. more like this
tabling member constituency Carshalton and Wallington more like this
tabling member printed
Tom Brake more like this
uin 254071 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-22more like thismore than 2019-05-22
answer text <p>The Treasury’s sickness absence data for ‘mental health and related issues includes stress related conditions. HM Treasury publishes data in the Annual report and Accounts. The data for January to December 2017 can be found in the 2017/18 report and accounts, and data for the period January to December 2018 will be reported in the 2018/19 annual report and accounts which is due to be published in July.</p><p> </p><p>For information I have attached a link below to the 2017/18 report.</p><p> </p><p><a href="https://www.gov.uk/government/collections/hmt-annual-report" target="_blank">https://www.gov.uk/government/collections/hmt-annual-report</a></p><p> </p><p>We do not currently make an estimate of the cost of sick absence to the department.</p><p> </p><p>HM Treasury has the following support in place for those that are suffering due to stress or poor mental health including:</p><ul><li>Stress and Mental Health Awareness e-learning – which covers learning about stress, what the stressors can be and how to identify and lessen stress</li><li>Stress risk assessment used to identify stressors and implement controls to help reduce/eliminate the stress</li><li>Workplace Adjustments including flexible working</li><li>Stress Management guidance</li><li>Wellbeing Gateway</li><li>Mental Health Tips</li><li>Tips to help reduce stress</li><li>Mental Health First Aiders</li><li>Employee Assistance Programme - provides a number of confidential advisory, counselling and support services. Their helpline is available 24/7</li><li>Occupational Health provision</li><li>Mental Wellbeing Network</li><li>Treasury Supporters who are employees trained to help colleagues work through any concerns, however serious whatever their cause</li><li>Wellness Action Plans</li><li>Time to Talk Workshops</li><li>HR Advisers and Health, Safety &amp; Wellbeing Team</li><li>HSE Stress Talking Toolkit</li></ul>
answering member constituency Newark more like this
answering member printed Robert Jenrick more like this
question first answered
less than 2019-05-22T16:38:48.647Zmore like thismore than 2019-05-22T16:38:48.647Z
answering member
4320
label Biography information for Robert Jenrick more like this
tabling member
151
label Biography information for Tom Brake more like this
1126686
registered interest false remove filter
date remove maximum value filtermore like thismore than 2019-05-14
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Company Cars: Taxation 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 when they plan to announce the benefits in kind rate for company cars for the years after 2021; and what assessment they have made of the impact on car owners of the rates not yet being publicly available. more like this
tabling member printed
Lord Berkeley more like this
uin HL15703 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-23more like thismore than 2019-05-23
answer text <p>The government aims to publish emissions-based company car tax rates in advance to help employees and industry plan.</p><p> </p><p>However, as emissions testing changes in 2020, the government is reviewing the impact of the new Worldwide Light vehicle Test Procedure (WLTP) on vehicle taxes. The government will respond shortly to the review.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-05-23T16:34:35.163Zmore like thismore than 2019-05-23T16:34:35.163Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
3526
label Biography information for Lord Berkeley more like this
1126718
registered interest false remove filter
date remove maximum value filtermore like thismore than 2019-05-14
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Loans 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 whether they have modelled the systemic risk impact of growth in instructional, non bank, lending. more like this
tabling member printed
Lord Myners more like this
uin HL15735 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-22more like thismore than 2019-05-22
answer text <p>The Financial Policy Committee (FPC) of the Bank of England was set up 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 as part of the new financial regulatory framework legislated for under The Financial Services Act 2012. Part of the FPC’s remit includes the responsibility for assessing risks in the financial system, including from the non-bank financial system. The FPC set out its most recent assessment of financial stability risks from the non-bank financial sector in its 28th November 2018 Financial Stability Report.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-05-22T16:28:54.077Zmore like thismore than 2019-05-22T16:28:54.077Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
3869
label Biography information for Lord Myners more like this
1126719
registered interest false remove filter
date remove maximum value filtermore like thismore than 2019-05-14
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading London Capital & Finance: Insolvency 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 whether the proposed independent review of the Financial Conduct Authority's (FCA) supervision of London Capital and Finance will be supported by (1) an independent secretariat, or (2) secondees from the (a) FCA, (b) Prudential Regulation Authority, (c) HM Treasury, or (d) Bank of England. more like this
tabling member printed
Lord Myners more like this
uin HL15736 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-23more like thismore than 2019-05-23
answer text <p>On 23<sup>rd</sup> May, the Economic Secretary to the Treasury laid before Parliament a Direction requiring the Financial Conduct Authority (FCA) to carry out an independent investigation into the events and circumstances surrounding the failure of London Capital and Finance. The operational resourcing of this investigation will be a matter for the FCA and Dame Elizabeth Gloster, the independent investigator it appointed.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-05-23T16:38:21.867Zmore like thismore than 2019-05-23T16:38:21.867Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
3869
label Biography information for Lord Myners more like this
1126305
registered interest false remove filter
date less than 2019-05-13more like thismore than 2019-05-13
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Insolvency 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 was the basis for their estimate in the consultation by HMRC Protecting your taxes in insolvency, published on 26 February, that the reintroduction of preferential status for any Crown creditor would yield £185 million per annum in additional tax revenue. more like this
tabling member printed
Baroness Hayter of Kentish Town more like this
uin HL15665 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-22more like thismore than 2019-05-22
answer text <p>The estimate is the tax recovered from insolvencies that HM Revenue and Customs (HMRC) would not otherwise have collected before the policy was implemented. Adjustments were made for tax and payment timing.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-05-22T16:21:03.407Zmore like thismore than 2019-05-22T16:21:03.407Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
4159
label Biography information for Baroness Hayter of Kentish Town more like this
1126306
registered interest false remove filter
date less than 2019-05-13more like thismore than 2019-05-13
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Insolvency 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 whether the proposals in the consultation by HMRC Protecting your taxes in insolvency, published on 26 February, to reintroduce preferential status for any Crown creditor takes into account lost Government revenue resulting from other taxpayers suffering additional bad debts due to the priority payment of HMRC, and any consequential loss to the economy resulting other taxpayers themselves becoming insolvent due to an increased burden of bad debt; and what assessment, if any, they have made of the impact of that change on lending. more like this
tabling member printed
Baroness Hayter of Kentish Town more like this
uin HL15666 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-22more like thismore than 2019-05-22
answer text <p>The ‘Protecting your taxes in insolvency’ proposals take into account lost government revenue resulting from other taxpayers suffering additional bad debts due to the priority payment of HMRC.</p><p> </p><p>Lending against fixed assets will not be impacted by this measure, but lending against floating assets will be impacted, as HMRC will move above secured creditors with floating charges in insolvencies.</p><p> </p><p>At Budget 2018, the independent OBR chose not to make any adjustments to their economic forecast in response to this measure.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-05-22T16:22:56.03Zmore like thismore than 2019-05-22T16:22:56.03Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
4159
label Biography information for Baroness Hayter of Kentish Town more like this
1126332
registered interest false remove filter
date less than 2019-05-13more like thismore than 2019-05-13
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Banking Hubs: Competition 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 plans they have, if any, to update competition law to allow for shared banking hubs in areas where local bank branches have been closed. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL15692 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-22more like thismore than 2019-05-22
answer text <p>Branch closures can be difficult for the communities affected and the Government pays close attention to this issue. However, the decision to close a branch is a commercial one for a firm, and Government does not intervene in those decisions.</p><p> </p><p>However, the Government is equally clear that as banking providers seek to respond to technological advances and changes in customer behaviour, they must also consider carefully the needs of those who still rely on their local bank branch. Since May 2017, the major high street banks have been signed up to the Access to Banking Standard, which commits them to work with customers and communities to minimise the impact of branch closures and put in place alternative banking services.</p><p> </p><p>The Government also supports the Post Office Banking Framework Agreement which enables 99% of the UK’s personal and 95% of the UK’s small business customers to withdraw money, deposit cash and cheques and check balances at any one of the Post Office’s network of 11,500 branches.</p><p> </p><p> </p><p>While banks do have to comply with competition law, there is no specific regulation that prevents banks from sharing branches or other premises where their strategies align. The Government therefore has no plans to update competition law on this basis. Government does not intervene in these commercial decisions, but will continue to encourage banks to think creatively about how they can ensure that consumers can access a wide range of banking services on a sustainable basis. For example, NatWest, Lloyds Bank and Barclays are trialling shared business banking hubs in 6 locations across the UK in the coming weeks.</p>
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-05-22T16:37:43.297Zmore like thismore than 2019-05-22T16:37:43.297Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this