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1715448
unstar this property registered interest false more like this
star this property date less than 2024-05-01more like thismore than 2024-05-01
star this property answering body
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 Foreign Investment in UK more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government what steps they are taking to (1) retain, and (2) attract, foreign financial firms and jobs in the UK. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL4309 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2024-05-15more like thismore than 2024-05-15
star this property answer text <p>Financial and related professional services employ more than 2 million people in the UK and the Government is committed to ensuring the UK remains the location of choice for top talent from across the world. This is part of the Government’s mission to ensure the UK retains its position as one of the most innovative and competitive financial centres in the world. Most recently, at Spring Budget 2024, the Chancellor updated on the ambitious package of reforms which will help to deliver the Government’s vision for a financial sector that is open, sustainable, technologically innovative, and globally competitive.</p> more like this
unstar this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-05-15T16:00:12.457Zmore like thismore than 2024-05-15T16:00:12.457Z
star this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
1796
unstar this property label Biography information for Lord Taylor of Warwick more like this
1717040
unstar this property registered interest false more like this
star this property date less than 2024-05-09more like thismore than 2024-05-09
star this property answering body
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 Small Businesses: Loans more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government what assessment they have made of the bank loan application success rates of small and medium-sized enterprises. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL4546 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2024-05-15more like thismore than 2024-05-15
star this property answer text <p>The Government recognises the vital importance small and medium-sized enterprises (SMEs) and is committed to supporting SMEs grow and create jobs by providing an environment in which they can thrive.</p><p> </p><p>Access to finance for small businesses is important to drive growth. The government supports that access through the Recovery Loan Scheme, which offers a 70% government guarantee on loans to SMEs</p><p>of up to £2 million. The scheme has supported over £5.3 billion of finance to SMEs since its introduction in April 2021.</p><p> </p><p>At the 2024 Spring Budget, the Government announced that the Recovery Loan Scheme would be extended to the end of March 2026, and renamed as the Growth Guarantee Scheme.</p> more like this
unstar this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-05-15T16:00:39.39Zmore like thismore than 2024-05-15T16:00:39.39Z
star this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
1796
unstar this property label Biography information for Lord Taylor of Warwick more like this
1714611
unstar this property registered interest false more like this
star this property date less than 2024-04-29more like thismore than 2024-04-29
star this property answering body
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 UK-EU Trade and Cooperation Agreement more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government, further to the Written Answer by Baroness Vere of Norbiton on 25 April (HL3766), when they sought permission from the EU to extend the sunset clause for enterprise investment schemes and venture capital trust schemes. more like this
star this property tabling member printed
Lord Leigh of Hurley more like this
star this property uin HL4157 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2024-05-14more like thismore than 2024-05-14
star this property answer text <p>The government’s engagement with the EU Commission on the extension of the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) sunset clauses is ongoing.</p><p> </p><p>The government believes the schemes continue to be consistent with subsidy control principles and address an evidenced market failure.</p> more like this
unstar this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-05-14T10:56:24.897Zmore like thismore than 2024-05-14T10:56:24.897Z
star this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
4295
unstar this property label Biography information for Lord Leigh of Hurley more like this
1714638
unstar this property registered interest false more like this
star this property date less than 2024-04-29more like thismore than 2024-04-29
star this property answering body
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 Block Grant: Northern Ireland more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government by how much, and by what percentage, (1) resource funding, and (2) capital funding for the Northern Ireland Block Grant has increased from 2023–2024 to 2024–2025. more like this
star this property tabling member printed
Lord Weir of Ballyholme more like this
star this property uin HL4192 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2024-05-14more like thismore than 2024-05-14
star this property answer text <p>To accurately compare the Northern Ireland Executive's (NIE’s) funding between years, it is important to compare the same point in the financial year.</p><p> </p><p>The most comparable figures are the 2021 Spending Review settlement for the NIE, which can be found in Table 4.19 here: <a href="https://assets.publishing.service.gov.uk/media/61c495ebe90e07196d2b8383/Budget_AB2021_Print.pdf" target="_blank">https://assets.publishing.service.gov.uk/media/61c495ebe90e07196d2b8383/Budget_AB2021_Print.pdf</a></p><p> </p><p>The (NIE) receives in-year funding through the operation of the Barnett Formula and non-Barnett funding provided at fiscal events and Main and Supplementary Estimates.</p> more like this
unstar this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-05-14T15:05:09.507Zmore like thismore than 2024-05-14T15:05:09.507Z
star this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
4970
unstar this property label Biography information for Lord Weir of Ballyholme more like this
1714640
unstar this property registered interest false more like this
star this property date less than 2024-04-29more like thismore than 2024-04-29
star this property answering body
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 Block Grant: Northern Ireland more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government what assessment they have made of whether the resource funding provided in the Northern Ireland Block Grant for 2024–2025 falls below a needs-based assessment of funding. more like this
star this property tabling member printed
Lord Weir of Ballyholme more like this
star this property uin HL4193 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2024-05-14more like thismore than 2024-05-14
star this property answer text <p>As committed to in the 2024 Northern Ireland Executive restoration financial package, the UK Government will also agree a Fiscal Framework with the Northern Ireland Executive which will outline Northern Ireland’s long-term funding arrangements.</p><p> </p> more like this
unstar this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-05-14T14:05:38.13Zmore like thismore than 2024-05-14T14:05:38.13Z
star this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
4970
unstar this property label Biography information for Lord Weir of Ballyholme more like this
1715041
unstar this property registered interest false more like this
star this property date less than 2024-04-30more like thismore than 2024-04-30
star this property answering body
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 Debts: Developing Countries more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government what assessment they have made of efforts in New York State to ensure private creditor debtor terms are equal to those of other creditors to lower and middle-income countries; and what plans they have, if any, to enact similar legislation in the UK. more like this
star this property tabling member printed
Baroness Goudie more like this
star this property uin HL4215 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2024-05-14more like thismore than 2024-05-14
star this property answer text <p>The UK, alongside the G20 and Paris Club, expects creditors, including private creditors, to participate in debt restructurings on comparable terms.</p><p> </p><p>At this stage, the Government is not pursuing a legislative approach that would force private or other lenders to participate in debt restructurings. The Government is focused on delivering a market-based (contractual) approach to private sector participation, including taking the lead in developing Majority Voting Provisions for private syndicated loans. These promote more efficient restructurings and reduce the ability for creditors to hold out.</p> more like this
unstar this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-05-14T14:39:19.757Zmore like thismore than 2024-05-14T14:39:19.757Z
star this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
3575
unstar this property label Biography information for Baroness Goudie more like this
1715053
unstar this property registered interest false more like this
star this property date less than 2024-04-30more like thismore than 2024-04-30
star this property answering body
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 Public Expenditure: Northern Ireland more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government what discussions they have had with the Northern Ireland Executive, since the restoration of devolved institutions in Northern Ireland on 3 February, about financial allocations from the Treasury. more like this
star this property tabling member printed
Baroness Ritchie of Downpatrick more like this
star this property uin HL4234 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2024-05-14more like thismore than 2024-05-14
star this property answer text <p>The UK Government has regular discussions with its devolved administration counterparts, including the Northern Ireland Executive.</p><p> </p><p>Since the restoration of the Northern Ireland Executive, the Chief Secretary to the Treasury has met with the Northern Ireland Finance Minister on three occasions.</p><p> </p><p>UK Government officials continue to engage regularly with the Northern Ireland Executive on the implementation of all aspects of the UK Government’s £3.3 billion restoration financial package which will stabilise and transform Northern Ireland’s public finances.</p> more like this
unstar this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-05-14T14:06:13.41Zmore like thismore than 2024-05-14T14:06:13.41Z
star this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
4130
unstar this property label Biography information for Baroness Ritchie of Downpatrick more like this
1715062
unstar this property registered interest false more like this
star this property date less than 2024-04-30more like thismore than 2024-04-30
star this property answering body
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: Sales more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government what assessment they have made of the 12 per cent increase in house sales during April; and what steps they are taking to support first-time buyers. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL4243 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2024-05-14more like thismore than 2024-05-14
star this property answer text <p>The most comprehensive measure of UK property transactions is published by HMRC. According to this measure, residential property transactions rose by 1% in March 2024 compared to February, the third consecutive monthly increase.</p><p> </p><p>The Government continues to monitor developments in the housing market closely and consider the implications.</p><p> </p> more like this
unstar this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-05-14T14:39:49.12Zmore like thismore than 2024-05-14T14:39:49.12Z
star this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
1796
unstar this property label Biography information for Lord Taylor of Warwick more like this
1715464
unstar this property registered interest false more like this
star this property date less than 2024-05-01more like thismore than 2024-05-01
star this property answering body
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 National Insurance Contributions more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government, further to the Written Answer by Baroness Vere of Norbiton on 25 April (HL3770), how they intend to assess entitlement for contributory working age benefits and pensions, should they abolish national insurance contributions in line with their stated ambition. more like this
star this property tabling member printed
Baroness Lister of Burtersett more like this
star this property uin HL4295 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2024-05-14more like thismore than 2024-05-14
star this property answer text <p>Cutting NICs rates does not affect anyone’s entitlement to the State Pension or contributory benefits.</p> more like this
unstar this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-05-14T10:56:03.223Zmore like thismore than 2024-05-14T10:56:03.223Z
star this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
4234
unstar this property label Biography information for Baroness Lister of Burtersett more like this
1715696
unstar this property registered interest false more like this
star this property date less than 2024-05-02more like thismore than 2024-05-02
star this property answering body
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 National Insurance Contributions more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask His Majesty's Government, further to the remarks by Baroness Vere of Norbiton on 12 February (HL Deb col 10) that HMRC expects processing times for A1 forms to return to normal by April, what assessment they have made of progress so far, and what steps they are taking to improve processing times. more like this
star this property tabling member printed
The Earl of Clancarty more like this
star this property uin HL4324 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2024-05-14more like thismore than 2024-05-14
star this property answer text <p>HMRC has taken steps to address the backlog of A1 applications, have achieved their recovery strategy ahead of time and they are now achieving service levels. Since September 2023 the processing times for online applications have decreased to 6 days from 15 weeks previously, and for post applications, it is now also 6 days, down from 33 weeks. The Standard Level of Service Agreement targets for both are 15 days and 40 days respectively. As of 3rd May, HMRC has reduced the number of cases on hand to approximately 2500.</p> more like this
unstar this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-05-14T10:57:19.617Zmore like thismore than 2024-05-14T10:57:19.617Z
star this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
3391
unstar this property label Biography information for The Earl of Clancarty more like this