Linked Data API

Show Search Form

Search Results

101529
star this property registered interest false more like this
star this property date less than 2014-10-29more like thismore than 2014-10-29
star this property answering body
HM Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Financial Services more like this
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what steps he has taken to monitor practices in the banking sector. more like this
star this property tabling member constituency South Antrim more like this
star this property tabling member printed
Dr William McCrea more like this
star this property uin 212470 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>This Government has taken a number of major steps to strengthen monitoring and regulation of the banking sector.</p><p> </p><p> </p><p> </p><p>The Financial Services Act 2012 put in place two new, properly focussed financial regulators, the Prudential Regulation Authority (PRA) - a subsidiary of the Bank of England - the Financial Conduct Authority (FCA), as part of a new approach to financial regulation. The new regulators started work on 1 April 2013.</p><p> </p><p> </p><p> </p><p>The Government’s new approach to financial regulation enables the PRA to concentrate on monitoring the health of UK banks to ensure that they are prudently and competently managed and to reduce the risk that the practices of UK banks will lead to serious financial failure. At the same time, the FCA can concentrate on monitoring the practices of UK banks and other financial services businesses in their dealing with ordinary retail customers and in wholesale financial markets, to reduce the risk that the practices in the banking sector are detrimental to consumers or competition, or threaten the integrity of financial markets.</p><p> </p><p> </p><p> </p><p>On 12 June 2014, the Government announced the Fair and Effective Markets Review, which is a joint review by HM Treasury, the Bank of England, and the Financial Conduct Authority (FCA) into the way wholesale financial markets operate. The Government is determined to take action to help restore trust and integrity and to ensure that the highest standards are expected of those who operate in these markets. It is important that this is done in a way that preserves the UK’s position as the global financial centre for many of these markets. The Review published its consultation document “How fair and effective are the fixed income, foreign exchange and commodities markets?” on 27 October, and the Government looks forward to the review’s final recommendations in June 2015.</p><p> </p>
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-11-05T16:50:46.5086619Zmore like thismore than 2014-11-05T16:50:46.5086619Z
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
655
star this property label Biography information for Lord McCrea of Magherafelt and Cookstown more like this
101799
star this property registered interest false more like this
star this property date less than 2014-10-30more like thismore than 2014-10-30
star this property answering body
HM Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Lighting more like this
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, if he will make it his policy to implement a replacement programme to introduce LED lighting throughout his Department's buildings and sites; if he will estimate the proportion of lighting in his Department which is LED; and if he will make a statement. more like this
star this property tabling member constituency Colchester more like this
star this property tabling member printed
Sir Bob Russell more like this
star this property uin 212632 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>The Treasury is committed to improving the energy efficiency of the Department’s estate and reducing energy consumption year on year. LED lighting has already been introduced in leasehold premises occupied by part of the Treasury Group. We have introduced energy efficient fluorescent lighting in the Treasury main building on Horse Guards Road.</p><p> </p> more like this
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-11-05T17:00:42.9056662Zmore like thismore than 2014-11-05T17:00:42.9056662Z
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
35
star this property label Biography information for Sir Bob Russell more like this
101800
star this property registered interest false more like this
star this property date less than 2014-10-30more like thismore than 2014-10-30
star this property answering body
HM Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Currencies more like this
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 24 February 2014, to the hon. Member for Vale of Glamorgan, Official Report, column 26W, on Bitcoin, what his policy is on the regulation of Bitcoin derivatives and other securities paired to digital currencies. more like this
star this property tabling member constituency Fareham more like this
star this property tabling member printed
Mr Mark Hoban more like this
star this property uin 212665 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>Bitcoin itself is not regulated. However, the UK’s regulatory perimeter in relation to derivatives is wide and would capture Bitcoin and digital currency derivatives that were futures, options or contracts for difference.</p><p> </p><p> </p><p> </p> more like this
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-11-05T16:57:59.872841Zmore like thismore than 2014-11-05T16:57:59.872841Z
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
1414
star this property label Biography information for Mr Mark Hoban more like this
101801
star this property registered interest false more like this
star this property date less than 2014-10-30more like thismore than 2014-10-30
star this property answering body
HM Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Cryptocurrencies more like this
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, with reference to his speech of 6 August 2014 on FinTech, what progress his Department has made on its programme of work exploring the potential of virtual currencies and digital money. more like this
star this property tabling member constituency Fareham more like this
star this property tabling member printed
Mr Mark Hoban more like this
star this property uin 212668 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>On 3 November the Treasury published a Call for Information, focused on the potential benefits and risks of digital currencies and looking into whether digital currencies could or should be regulated in the UK.</p><p> </p> more like this
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-11-05T16:59:05.6616931Zmore like thismore than 2014-11-05T16:59:05.6616931Z
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
1414
star this property label Biography information for Mr Mark Hoban more like this
101802
star this property registered interest false more like this
star this property date less than 2014-10-30more like thismore than 2014-10-30
star this property answering body
HM Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Currencies more like this
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, if he will make an assessment of the ability of businesses using digital currencies to open a UK bank account. more like this
star this property tabling member constituency Fareham more like this
star this property tabling member printed
Mr Mark Hoban more like this
star this property uin 212669 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>On 3 November the Treasury published a Call for Information on digital currencies. This Call for Information asks whether there are currently barriers to digital currency businesses setting up in the UK, and will consider access to UK bank accounts as part of this.</p><p> </p><p> </p><p> </p><p>In October, the Financial Conduct Authority launched its Innovation Hub to provide support to innovative businesses. It has identified helping innovators access bank accounts as an area of priority.</p><p> </p> more like this
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-11-05T16:56:46.7729547Zmore like thismore than 2014-11-05T16:56:46.7729547Z
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
1414
star this property label Biography information for Mr Mark Hoban more like this
101803
star this property registered interest false more like this
star this property date less than 2014-10-30more like thismore than 2014-10-30
star this property answering body
HM Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Housing: Construction more like this
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what forecasts he has made of the long-term trends in house-building in each region and constituent part of the UK. more like this
star this property tabling member constituency Belfast North more like this
star this property tabling member printed
Mr Nigel Dodds more like this
star this property uin 212748 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>The government does not publish forecasts of long term house building by region or constituency. However the Office for Budget Responsibility (OBR) includes housing market projections in its Economic and Fiscal Outlook. The next estimates are to be released on the 3<sup>rd</sup> December.</p><p> </p> more like this
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-11-05T15:50:36.9515462Zmore like thismore than 2014-11-05T15:50:36.9515462Z
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
1388
star this property label Biography information for Lord Dodds of Duncairn more like this
100619
star this property registered interest false more like this
star this property date less than 2014-10-23more like thismore than 2014-10-23
star this property answering body
HM Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Economic Situation more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government, in the light of the latest revised forecast by the International Monetary Fund for the British economy, whether the Chancellor of the Exchequer still has confidence in its forecasting. more like this
star this property tabling member printed
Lord Blencathra more like this
star this property uin HL2350 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>Britain’s long term economic plan is working, boosting economic security for Britain’s hardworking people. The economy is growing, the deficit has fallen by a third and there are record levels of people in work. But the job is not done and the biggest risk now to the recovery would be abandoning the plan that is delivering a brighter economic future.</p><p> </p><p>The Government’s strategy is to restore the public finances to a sustainable path and the UK is seen as a relative safe haven, with interest rates remaining historically low helping keep interest payments down for households, businesses and the taxpayer.</p><p>The IMF set out their latest forecasts in the October 2014<em> World Economic Outlook. </em>The publication recognises the Government’s long term economic plan is working, that the UK is growing and leaving the crisis behind. The IMF project the UK economy to be the fastest growing G7 economy in 2014, at 3.2 per cent and 2.7 per cent in 2015. Furthermore, the IMF recognise that fiscal consolidation undertaken during the past few years has built trust among financial investors that current fiscal paths are sustainable.</p>
star this property answering member printed Lord Deighton more like this
star this property question first answered
less than 2014-11-05T14:02:54.0014706Zmore like thismore than 2014-11-05T14:02:54.0014706Z
star this property answering member
4262
star this property label Biography information for Lord Deighton more like this
star this property tabling member
497
star this property label Biography information for Lord Blencathra more like this
101696
star this property registered interest false more like this
star this property date less than 2014-10-29more like thismore than 2014-10-29
star this property answering body
HM Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Bank Services: Fees and Charges more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government what assessment have they made of the level of unauthorised overdraft fees charged by banks in the United Kingdom. more like this
star this property tabling member printed
Lord Kennedy of Southwark more like this
star this property uin HL2518 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>The Government has not made an assessment of the level of unauthorised overdraft fees charged by banks in the United Kingdom.</p><p> </p><p> </p><p> </p><p>In November 2011, the Government announced an agreement with the major current account providers to enable customers to control their account and to take action to avoid unarranged overdraft charges.</p><p> </p><p> </p><p> </p><p>The Office of Fair Trading found in January 2013 that there had been a significant reduction in bank fees and charges since their 2008 market study, and estimated that there had been an annual saving of £928million for consumers as a result.</p><p> </p> more like this
star this property answering member printed Lord Deighton more like this
star this property question first answered
less than 2014-11-05T14:01:50.4013588Zmore like thismore than 2014-11-05T14:01:50.4013588Z
star this property answering member
4262
star this property label Biography information for Lord Deighton more like this
star this property tabling member
4153
star this property label Biography information for Lord Kennedy of Southwark more like this
101531
star this property registered interest false more like this
star this property date less than 2014-10-29more like thismore than 2014-10-29
star this property answering body
HM Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Tax Avoidance more like this
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what recent discussions he has had with his EU counterparts about measures to reduce tax avoidance; and if he will make a statement. more like this
star this property tabling member constituency Brighton, Kemptown more like this
star this property tabling member printed
Simon Kirby more like this
star this property uin 212452 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>The UK is at the forefront of multilateral action through the G8, G20, European Union and OECD to tackle this issue of corporate tax avoidance. The UK used its Presidency of the G8 to successfully build international support for this work.</p><p> </p><p> </p><p> </p><p>Work is now underway at the OECD, in the form of the Base Erosion and Profit Shifting (BEPS) project. The BEPS project is the most comprehensive reform of the international tax rules with the aim of ensuring that multinational enterprises pay their fair share of tax, in the jurisdictions where their economic activity is located. The project has 44 participant countries, 21 of which are within the EU.</p><p> </p><p> </p><p> </p><p>At the UK’s Lough Erne summit in June 2013 the G8 leaders confirmed their support for the ongoing G20/OECD work.</p><p> </p><p> </p><p> </p><p>At their September 2013 summit in St Petersburg, the G20 Leaders fully endorsed the ambitious and comprehensive BEPS Action Plan set out over 2014 and 2015.</p><p> </p><p> </p><p> </p><p>The first phase of the BEPS project is now complete, with participants reaching agreement on seven reports which have been produced by the OECD and endorsed by G20 Finance Ministers.</p><p> </p><p>The G8 called on the OECD to develop a common template for multinationals to report profit and tax information to tax authorities to help assess risks. This work was included in the BEPS Action Plan (action 13) and was one of seven outputs achieved in 2014.</p><p> </p><p> </p><p> </p><p>Subsequently, the UK announced that it would be the first of 44 countries to formally commit to implementing the newly agreed BEPS output of a country-by-country reporting template.</p><p> </p><p> </p><p> </p><p>Discussions are ongoing in G20 Finance Minister’s and ECOFIN meetings to ensure that the momentum of the BEPS project is maintained, so that the project is completed successfully and on time.</p><p> </p><p> </p><p> </p><p>Further to the BEPS project, international work with G20 and EU counterparts is ongoing with the Automatic Exchange of Information policy.</p><p> </p><p> </p><p> </p><p>The UK put tax transparency at the heart of its presidency of the G8, calling for the creation of a new global standard on automatic tax information exchange to tackle offshore tax evasion. The new global standard was developed by the OECD and agreed in July 2014. At the March European Council leaders committed to implement the standard in the EU through agreement of the amended Administrative Co-operation Directive, which they aim to agree by the end of the year.</p><p> </p><p> </p><p> </p><p>In total 92 countries and have now committed to implement the new global standard, with the first information exchanged no later than 2018. This includes all EU Member States, all of the UK’s Crown Dependencies and Overseas Territories with a financial centre and the majority of the world’s financial centres. Of these countries and jurisdictions, 51 have already signed an international agreement to implement the standard.</p><p> </p>
star this property answering member constituency South West Hertfordshire more like this
star this property answering member printed Mr David Gauke more like this
star this property grouped question UIN 212453 more like this
star this property question first answered
less than 2014-11-05T17:58:27.155082Zmore like thismore than 2014-11-05T17:58:27.155082Z
star this property answering member
1529
star this property label Biography information for Mr David Gauke more like this
star this property tabling member
3929
star this property label Biography information for Simon Kirby more like this
101532
star this property registered interest false more like this
star this property date less than 2014-10-29more like thismore than 2014-10-29
star this property answering body
HM Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Tax Avoidance more like this
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what recent discussions he has had with his G7 counterparts about measures to reduce tax avoidance; and if he will make a statement. more like this
star this property tabling member constituency Brighton, Kemptown more like this
star this property tabling member printed
Simon Kirby more like this
star this property uin 212453 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>The UK is at the forefront of multilateral action through the G8, G20, European Union and OECD to tackle this issue of corporate tax avoidance. The UK used its Presidency of the G8 to successfully build international support for this work.</p><p> </p><p> </p><p> </p><p>Work is now underway at the OECD, in the form of the Base Erosion and Profit Shifting (BEPS) project. The BEPS project is the most comprehensive reform of the international tax rules with the aim of ensuring that multinational enterprises pay their fair share of tax, in the jurisdictions where their economic activity is located. The project has 44 participant countries, 21 of which are within the EU.</p><p> </p><p> </p><p> </p><p>At the UK’s Lough Erne summit in June 2013 the G8 leaders confirmed their support for the ongoing G20/OECD work.</p><p> </p><p> </p><p> </p><p>At their September 2013 summit in St Petersburg, the G20 Leaders fully endorsed the ambitious and comprehensive BEPS Action Plan set out over 2014 and 2015.</p><p> </p><p> </p><p> </p><p>The first phase of the BEPS project is now complete, with participants reaching agreement on seven reports which have been produced by the OECD and endorsed by G20 Finance Ministers.</p><p> </p><p>The G8 called on the OECD to develop a common template for multinationals to report profit and tax information to tax authorities to help assess risks. This work was included in the BEPS Action Plan (action 13) and was one of seven outputs achieved in 2014.</p><p> </p><p> </p><p> </p><p>Subsequently, the UK announced that it would be the first of 44 countries to formally commit to implementing the newly agreed BEPS output of a country-by-country reporting template.</p><p> </p><p> </p><p> </p><p>Discussions are ongoing in G20 Finance Minister’s and ECOFIN meetings to ensure that the momentum of the BEPS project is maintained, so that the project is completed successfully and on time.</p><p> </p><p> </p><p> </p><p>Further to the BEPS project, international work with G20 and EU counterparts is ongoing with the Automatic Exchange of Information policy.</p><p> </p><p> </p><p> </p><p>The UK put tax transparency at the heart of its presidency of the G8, calling for the creation of a new global standard on automatic tax information exchange to tackle offshore tax evasion. The new global standard was developed by the OECD and agreed in July 2014. At the March European Council leaders committed to implement the standard in the EU through agreement of the amended Administrative Co-operation Directive, which they aim to agree by the end of the year.</p><p> </p><p> </p><p> </p><p>In total 92 countries and have now committed to implement the new global standard, with the first information exchanged no later than 2018. This includes all EU Member States, all of the UK’s Crown Dependencies and Overseas Territories with a financial centre and the majority of the world’s financial centres. Of these countries and jurisdictions, 51 have already signed an international agreement to implement the standard.</p><p> </p>
star this property answering member constituency South West Hertfordshire more like this
star this property answering member printed Mr David Gauke more like this
star this property grouped question UIN 212452 more like this
star this property question first answered
less than 2014-11-05T17:58:27.0677606Zmore like thismore than 2014-11-05T17:58:27.0677606Z
star this property answering member
1529
star this property label Biography information for Mr David Gauke more like this
star this property tabling member
3929
star this property label Biography information for Simon Kirby more like this