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1315033

	registered interest
	date	17/05/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Financial Services: Technology
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what steps they are taking to improve technical visa access for fintech services.
	tabling member printed	Lord Taylor of Warwick
	uin	HL321
	answer	answer is ministerial correction date of answer 27/05/2021 answer text <p>At the 2021 budget and in Build Back Better: Our Plan for Growth the government announced a set of targeted high skilled visa reforms to build on the new points-based immigration system to create an internationally competitive visa system for high skilled, globally mobile talent from around the world.</p><p>This included creating a new fast-track visa process for UK scale-ups, including fintech services, to recruit high-skilled migrants. Those with a job offer at the required skills level from a recognised UK scale-up will be able to qualify for a fast-track visa. The government is continuing to work closely with industry representatives and businesses to build this new route. We will provide further details on the scale-up visa by July and the route will launch by March 2022.</p><p> </p><p>In addition to our plans for high-skilled visas the government will continue to implement reforms to streamline and simplify the sponsorship system. The government has already taken significant steps to reform the system and we will publish a delivery roadmap in the summer setting out our plans for further reforms. These changes will benefit business across the UK and in all sectors.</p> answering member printed Lord Agnew of Oulton question first answered 27/05/2021 14:55:00 answering member 4689 label Biography information for Lord Agnew of Oulton
	tabling member	1796 label Biography information for Lord Taylor of Warwick

348842

	registered interest
	date	08/06/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Public Expenditure
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government whether the Scottish Government, Northern Ireland Executive or Welsh Government can pass an annual budget that includes spending limits higher than the anticipated income to those devolved administrations.
	tabling member printed	Lord Empey
	uin	HL321
	answer	answer is ministerial correction date of answer 22/06/2015 answer text <p>The processes around setting annual budgets to fund public services within the devolved competence of the Northern Ireland Assembly, Scottish Parliament and Welsh Assembly reflect the specific arrangements set out in both legislation passed by Parliament, and by each of the devolved legislatures.</p><p> </p><p> </p><p> </p><p>The Treasury sets annual control totals for each of the devolved administrations which inform the level of funding Parliament is asked to make available to each of the Northern Ireland, Scottish and Welsh Consolidated Funds. The Scotland, Wales and Northern Ireland Offices can only release cash into the devolved Consolidated Funds up to the level approved by Parliament in the relevant Supply Estimate.</p><p> </p> answering member printed Lord O'Neill of Gatley question first answered 22/06/2015 16:35:35 answering member 4536 label Biography information for Lord O'Neill of Gatley
	tabling member	4216 label Biography information for Lord Empey