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1136092
star this property registered interest false more like this
star this property date less than 2019-07-02more like thismore than 2019-07-02
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Personal Savings more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text What steps he is taking to increase incentives for people to save. more like this
star this property tabling member constituency New Forest West more like this
star this property tabling member printed
Sir Desmond Swayne more like this
star this property uin 911692 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-07-02more like thismore than 2019-07-02
star this property answer text <p>The Government has introduced a range of measures to support savers.</p><p>We have increased the amount of money that people can save into their ISAs each year to a record £20,000 and introduced a Personal Savings Allowance of up to £1,000 for basic rate taxpayers and up to £500 for higher rate taxpayers.</p><p>Thanks to these measures, over 95% of people with savings income pay no tax on that income.</p><p> </p><p>The new Help to Save scheme is supporting working families on low incomes to build up a rainy-day fund by offering a 50% bonus on up to £50 of monthly saving.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-07-02T14:13:36.56Zmore like thismore than 2019-07-02T14:13:36.56Z
unstar this property answering member
4051
star this property label Biography information for John Glen remove filter
star this property tabling member
55
unstar this property label Biography information for Sir Desmond Swayne remove filter
1092759
star this property registered interest false more like this
star this property date less than 2019-03-21more like thismore than 2019-03-21
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading London Capital and Finance: Compensation more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, if he will compensate investors for losses at London Capital and Finance. more like this
star this property tabling member constituency New Forest West more like this
star this property tabling member printed
Sir Desmond Swayne more like this
star this property uin 235232 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-03-26more like thismore than 2019-03-26
star this property answer text <p>Investors affected by the failure of London Capital &amp; Finance (LCF) are unlikely to have access to the Financial Services Compensation Scheme (FSCS) in this case. However, it is for the FSCS to determine this as it is an independent body from both HM Treasury and the Financial Conduct Authority.</p><p> </p><p>The FSCS’ current assessment is that LCF’s activities are not FSCS-protected, which means LCF’s investors will not be eligible to claim for compensation from the FSCS.</p><p> </p><p>However, the FSCS is working closely with the administrators to understand more about LCF’s activities. If there are circumstances that give rise to potentially valid claims, the FSCS will begin to accept claims against LCF and communicate this on their website.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-03-26T13:06:19.77Zmore like thismore than 2019-03-26T13:06:19.77Z
unstar this property answering member
4051
star this property label Biography information for John Glen remove filter
star this property tabling member
55
unstar this property label Biography information for Sir Desmond Swayne remove filter