Linked Data API

Show Search Form

Search Results

1130212
star this property registered interest false more like this
star this property date remove filter
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Credit: Insurance 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 Her Majesty's Government what plans they have to regulate the credit insurance market to ensure that insurance cover adequately protects the supply chain of product-based businesses. more like this
star this property tabling member printed
Lord Allen of Kensington more like this
star this property uin HL16073 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 2019-06-19more like thismore than 2019-06-19
star this property answer text <p>The underwriting of insurance risk, including credit risks, is a commercial decision, and Government does not prescribe the terms and conditions insurance companies set when offering insurance. This is important to the proper functioning of the economy. Many of the underlying causes of providers restricting credit insurance cover, wider economic uncertainty and sectoral trends, are outside Government control.</p><p> </p><p>Government is clear that it wants all businesses to thrive now and in the future, and will continue close monitoring of the market and affected sectors. Government is determined to make the UK one of the best places in the world to start and grow a business, and has announced multiple measures to support enterprise. Following the Patient Capital Review, we set out a £20 billion action plan at Budget 2017 to finance firms’ growth.</p> more like this
star this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-06-19T16:38:56.253Zmore like thismore than 2019-06-19T16:38:56.253Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
4304
star this property label Biography information for Lord Allen of Kensington more like this
1130213
star this property registered interest false more like this
star this property date remove filter
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Credit: Insurance 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 Her Majesty's Government what assessment they have made of the credit insurance cover available to the supply chain of product-based businesses. more like this
star this property tabling member printed
Lord Allen of Kensington more like this
star this property uin HL16074 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 2019-06-19more like thismore than 2019-06-19
star this property answer text <p>Government monitors the credit insurance landscape and credit insurers’ pricing practices, through liaison with providers, businesses, and industry bodies. We will continue to study the market and closely monitor trends.</p><p> </p><p>Government has been made aware of restrictions in credit insurance cover some small and medium-sized product-based businesses are facing in the current trading climate. Difficult trading conditions, market trends, and uncertainty have led some credit insurance providers to reassess the level of cover they are willing to offer in certain sectors. This varies by industry and firm, and is a commercial decision for insurers.</p><p> </p><p>Other financial services products are also available to support businesses in lieu of credit insurance, for example from banks.</p> more like this
star this property answering member printed Lord Young of Cookham more like this
star this property grouped question UIN
HL16075 more like this
HL16076 more like this
star this property question first answered
less than 2019-06-19T16:40:31.583Zmore like thismore than 2019-06-19T16:40:31.583Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
4304
star this property label Biography information for Lord Allen of Kensington more like this
1130214
star this property registered interest false more like this
star this property date remove filter
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Credit: Insurance 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 Her Majesty's Government what plans they have to conduct a market study on credit insurance cover and pricing practices. more like this
star this property tabling member printed
Lord Allen of Kensington more like this
star this property uin HL16075 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 2019-06-19more like thismore than 2019-06-19
star this property answer text <p>Government monitors the credit insurance landscape and credit insurers’ pricing practices, through liaison with providers, businesses, and industry bodies. We will continue to study the market and closely monitor trends.</p><p> </p><p>Government has been made aware of restrictions in credit insurance cover some small and medium-sized product-based businesses are facing in the current trading climate. Difficult trading conditions, market trends, and uncertainty have led some credit insurance providers to reassess the level of cover they are willing to offer in certain sectors. This varies by industry and firm, and is a commercial decision for insurers.</p><p> </p><p>Other financial services products are also available to support businesses in lieu of credit insurance, for example from banks.</p> more like this
star this property answering member printed Lord Young of Cookham more like this
star this property grouped question UIN
HL16074 more like this
HL16076 more like this
star this property question first answered
less than 2019-06-19T16:40:31.633Zmore like thismore than 2019-06-19T16:40:31.633Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
4304
star this property label Biography information for Lord Allen of Kensington more like this
1130215
star this property registered interest false more like this
star this property date remove filter
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Credit: Insurance 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 Her Majesty's Government what assessment they have made of the availability of credit insurance cover to assist small and medium-sized enterprises in the current trading climate. more like this
star this property tabling member printed
Lord Allen of Kensington more like this
star this property uin HL16076 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 2019-06-19more like thismore than 2019-06-19
star this property answer text <p>Government monitors the credit insurance landscape and credit insurers’ pricing practices, through liaison with providers, businesses, and industry bodies. We will continue to study the market and closely monitor trends.</p><p> </p><p>Government has been made aware of restrictions in credit insurance cover some small and medium-sized product-based businesses are facing in the current trading climate. Difficult trading conditions, market trends, and uncertainty have led some credit insurance providers to reassess the level of cover they are willing to offer in certain sectors. This varies by industry and firm, and is a commercial decision for insurers.</p><p> </p><p>Other financial services products are also available to support businesses in lieu of credit insurance, for example from banks.</p> more like this
star this property answering member printed Lord Young of Cookham more like this
star this property grouped question UIN
HL16074 more like this
HL16075 more like this
star this property question first answered
less than 2019-06-19T16:40:31.68Zmore like thismore than 2019-06-19T16:40:31.68Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
4304
star this property label Biography information for Lord Allen of Kensington more like this
1130230
star this property registered interest false more like this
star this property date remove filter
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Married People: Tax Allowances 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 Her Majesty's Government, further to the publication of revised figures on the uptake of the Marriage Allowance by HMRC, whether they have a revised budget for the Marriage Allowance for the 2019/20 financial year; and what the actual expenditure on the Marriage Allowance was in the 2018/19 financial year. more like this
star this property tabling member printed
Baroness Eaton more like this
star this property uin HL16091 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 2019-06-19more like thismore than 2019-06-19
star this property answer text <p>Anyone who applies for Marriage Allowance and meets the criteria will receive it. There is no set budget. The estimated cost to the Exchequer of Marriage Allowance in the 2018/19 financial year is £485 million. The cost will be finalised after 2018/19 Self-Assessment returns are submitted in January 2020.</p> more like this
star this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-06-19T16:38:37.493Zmore like thismore than 2019-06-19T16:38:37.493Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
4184
star this property label Biography information for Baroness Eaton more like this
1130240
star this property registered interest false more like this
star this property date remove filter
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Soft Drinks: Taxation 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 Her Majesty's Government what is the current annual revenue from the Soft Drinks Industry Levy. more like this
star this property tabling member printed
Baroness Lister of Burtersett more like this
star this property uin HL16101 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 2019-06-17more like thismore than 2019-06-17
star this property answer text <p>Receipts from the Soft Drinks Industry Levy were £240m in 2018/19.</p> more like this
star this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-06-17T13:45:27.987Zmore like thismore than 2019-06-17T13:45:27.987Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
4234
star this property label Biography information for Baroness Lister of Burtersett more like this
1130250
star this property registered interest false more like this
star this property date remove filter
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Financial Markets 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 Her Majesty's Government whether they have reviewed the market liquidity in the subprime sterling bond market in the context of increased bond issuance. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL16111 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 2019-06-19more like thismore than 2019-06-19
star this property answer text <p><em>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. The FPC set out its most recent assessment of financial stability risks, including from the sterling bond market, in its March 2019 Policy Summary, in which it noted that post-crisis reforms have made dealers, on which some markets rely, more resilient, reducing the probability that market-making losses could lead to their distress or failure. In addition, the FPC noted that during the more recent period of volatility at the end of 2018, pension funds and insurers had acted as net buyers of sterling corporate bonds. Notwithstanding this, new business models mean that liquidity conditions in corporate debt markets could change quickly in event of stress.</em> <em>However, overall the FPC judged that markets had proved able to function effectively through volatile periods, and the strength of the core financial system, including banks, dealers and insurance companies, would support the functioning of markets on which the economy relied.</em></p>
star this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-06-19T16:43:32.243Zmore like thismore than 2019-06-19T16:43:32.243Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
3869
star this property label Biography information for Lord Myners more like this
1130252
star this property registered interest false more like this
star this property date remove filter
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Lendy: Insolvency 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 Her Majesty's Government whether they will establish an independent review into the FCA’s supervision of Lendy and the actions taken by the FCA once it had raised questions about the firm’s compliance with minimum regulatory standards and disclosure to lenders. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL16113 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 2019-06-19more like thismore than 2019-06-19
star this property answer text <p>There is an ongoing Financial Conduct Authority (FCA) investigation into the circumstances that have led to the administration of Lendy.</p><p> </p><p>It is important that the FCA rules for P2P lending remain relevant for this evolving sector, and the new rules announced by the FCA on 4 June reflect this. These will help to ensure that investors have the information they need to make effective decisions about P2P investments, without imposing additional costs on borrowers.</p><p> </p> more like this
star this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-06-19T16:39:39.717Zmore like thismore than 2019-06-19T16:39:39.717Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
3869
star this property label Biography information for Lord Myners more like this
1130253
star this property registered interest false more like this
star this property date remove filter
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Mortgages 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 Her Majesty's Government what assessment they have made of the consequences for depositor protection and financial stability from the number of lenders offering residential property mortgage loans at 95 per cent of value or higher; and what options are open to (1) them, (2) the Bank of England, and (3) the Prudential Regulation Authority, to protect depositors and ensure financial stability. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL16114 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 2019-06-19more like thismore than 2019-06-19
star this property answer text <p><em>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. The FPC noted in their November 2018 Financial Stability Report that the share of households with high mortgage debt-servicing ratios (DSRs) is close to historical lows. The FPC has powers of direction to place limits on the proportion of new mortgages that a bank can extend at high LTV ratios, if it judges that this is required to mitigate financial stability risks.</em></p><p><em> </em></p><em> </em><p><em>While the Bank therefore has powers to tackle these risks, the Financial Services Compensation Scheme (FSCS), set up by the Government in 2001, also provides a key role in ensuring financial stability and protecting depositors. The FSCS provides deposit protection of up to £85,000 per person, per authorised firm. The Financial Services Markets Act 2000 gives powers to the regulators, including the Prudential Regulation Authority (PRA) to make the rules in which FSCS carries out its compensation function.</em></p><p> </p>
star this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-06-19T16:43:39.46Zmore like thismore than 2019-06-19T16:43:39.46Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
3869
star this property label Biography information for Lord Myners more like this