Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed question first answered answering member label
tabling member	label

Search

1136092

	registered interest
	date	02/07/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Personal Savings
	house id	1
	legislature	25259 pref label House of Commons
	question text	What steps he is taking to increase incentives for people to save.
	tabling member constituency	New Forest West
	tabling member printed	Sir Desmond Swayne
	uin	911692
	answer	answer is ministerial correction date of answer 02/07/2019 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> answering member constituency Salisbury answering member printed John Glen question first answered 02/07/2019 14:13:36 answering member 4051 label Biography information for John Glen
	tabling member	55 label Biography information for Sir Desmond Swayne

1092759

	registered interest
	date	21/03/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	London Capital & Finance: Compensation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will compensate investors for losses at London Capital and Finance.
	tabling member constituency	New Forest West
	tabling member printed	Sir Desmond Swayne
	uin	235232
	answer	answer is ministerial correction date of answer 26/03/2019 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> answering member constituency Salisbury answering member printed John Glen question first answered 26/03/2019 13:06:19 answering member 4051 label Biography information for John Glen
	tabling member	55 label Biography information for Sir Desmond Swayne