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581686

registered interest
date	12/09/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Social Security Benefits: EU Nationals
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government, in the light of the analysis by HM Revenue and Customs <i>Further Tax Credit Statistics on EEA Nationals</i>, published on 25 August, how many individuals who were recorded as being (1) Bulgarian, and (2) Romanian, nationals at the time of issue of their National Insurance numbers claimed (a) tax credits, and (b) child benefit, in 2014–15; and what was the amount of those claims.
tabling member printed	Lord Green of Deddington
uin	HL1820
answer	answer is ministerial correction date of answer 26/09/2016 answer text <p>The ‘Further Tax Credit Statistics on EEA Nationals, 2013/14’ publication released in August of this year covered HMRC benefits alongside National Insurance Contributions and Income Tax paid by EEA nationals for 2013/14. HMRC information on EEA nationals is complex and the data should be considered in its totality, as set out in that August publication, in order to get as comprehensive and complete a picture as possible. The data on the amount of National Insurance and Income Tax paid for 2014/15 will not be available until spring 2017, and will be published alongside tax credits and Child Benefit data in due course.</p> answering member printed Lord Young of Cookham question first answered 26/09/2016 14:59:47 answering member 57 label Biography information for Lord Young of Cookham
tabling member	4346 label Biography information for Lord Green of Deddington

583468

registered interest
date	14/09/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Enterprise Zones: Northern Ireland
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they have received proposals from the Northern Ireland Executive for the establishment of an Enterprise Zone in Northern Ireland, and if so, where such a zone would be located.
tabling member printed	Lord Empey
uin	HL1931
answer	answer is ministerial correction date of answer 26/09/2016 answer text <p>The establishment of an enterprise zone in Northern Ireland is a matter for the Northern Ireland Executive.</p><p> </p><p>In the 2013 economic pact between the UK government and the Northern Ireland Executive, ‘Building a Prosperous and United Community’, we agreed to consider designating a range of sites within any Northern Ireland Enterprise Zone as designated areas for Enhanced Capital Allowances, should the Executive propose them.</p><p> </p><p>This year, we delivered the necessary legislation to provide for Enhanced Capital Allowances in the Executive’s pilot Coleraine Enterprise Zone.</p> answering member printed Lord Young of Cookham grouped question UIN HL1932 question first answered 26/09/2016 13:43:41 answering member 57 label Biography information for Lord Young of Cookham
tabling member	4216 label Biography information for Lord Empey

583470

registered interest
date	14/09/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Enterprise Zones: Northern Ireland
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government when they received their most recent communication from the Northern Ireland Executive concerning the establishment of an Enterprise Zone in Northern Ireland.
tabling member printed	Lord Empey
uin	HL1932
answer	answer is ministerial correction date of answer 26/09/2016 answer text <p>The establishment of an enterprise zone in Northern Ireland is a matter for the Northern Ireland Executive.</p><p> </p><p>In the 2013 economic pact between the UK government and the Northern Ireland Executive, ‘Building a Prosperous and United Community’, we agreed to consider designating a range of sites within any Northern Ireland Enterprise Zone as designated areas for Enhanced Capital Allowances, should the Executive propose them.</p><p> </p><p>This year, we delivered the necessary legislation to provide for Enhanced Capital Allowances in the Executive’s pilot Coleraine Enterprise Zone.</p> answering member printed Lord Young of Cookham grouped question UIN HL1931 question first answered 26/09/2016 13:43:41 answering member 57 label Biography information for Lord Young of Cookham
tabling member	4216 label Biography information for Lord Empey

583937

registered interest
date	15/09/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Overseas Aid
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what percentage of the International Aid budget is spent by departments other than the Department for International Development, and which are those departments and how much they are spending.
tabling member printed	Baroness Kennedy of Cradley
uin	HL1984
answer	answer is ministerial correction date of answer 29/09/2016 answer text <p>The estimated proportion of Official Development Assistance (ODA) to be spent by Departments other than the Department for International Development based on the Spending Review 2015 settlement is 18% in 2016/17. The other departments spending ODA (including allocations from cross-Government funds) are: the Department of Health; the Department of Business, Energy &amp; Industrial Strategy; the Foreign &amp; Commonwealth Office; the Department for Energy, Food &amp; Rural Affairs; HM Revenue &amp; Customs; HM Treasury; the Office of National Statistics; the Department for Education; the Department for Work and Pensions; Department for Culture, Media &amp; Sport; the Ministry of Defence; the Department for Transport; and the Home Office.</p><p> </p><p>Outturn figures are not yet available, but a detailed breakdown of the 2016 ODA spend by department will be published in April 2017.</p><p> </p> answering member printed Lord Young of Cookham question first answered 29/09/2016 13:04:17 answering member 57 label Biography information for Lord Young of Cookham
tabling member	4303 label Biography information for Baroness Kennedy of Cradley

583939

registered interest
date	15/09/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Overseas Aid
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether the procedures and priorities to agree the spending of public money on international aid are the same across all government departments, and if there are differences, what they are.
tabling member printed	Baroness Kennedy of Cradley
uin	HL1986
answer	answer is ministerial correction date of answer 29/09/2016 answer text <p>The allocation of Official Development Assistance (ODA) funding was agreed at the 2015 Spending Review in line with the strategic objectives set out in the UK aid strategy. Departments spending ODA are required to demonstrate how they are using rigorous evidence to underpin spending decisions. There must be clear lines of accountability for all ODA projects, and project performance must be regularly assessed. Poor performing programmes will be closed and funds redeployed. In addition, all ODA spend is subject to scrutiny by the Independent Commission for Aid Impact.</p><p> </p><p>Spending on ODA is also subject to the principles of sound financial management set out in ‘Managing Public Money’. Within these constraints departments have discretion over how they organise, direct and manage the resources at their disposal.</p> answering member printed Lord Young of Cookham question first answered 29/09/2016 13:03:37 answering member 57 label Biography information for Lord Young of Cookham
tabling member	4303 label Biography information for Baroness Kennedy of Cradley

592883

registered interest
date	03/10/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Cider: Excise Duties
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what plans they have to change the current duty structure for cider in the light of their statement that alcohol duties should be directly proportional to alcohol content.
tabling member printed	Baroness Finlay of Llandaff
uin	HL2009
answer	answer is ministerial correction date of answer 17/10/2016 answer text <p>Current rules require that cider duty is structured in bands according to the strength of the product.</p><p> </p><p>The government continues to keep all taxes under review, and in that context is considering the views of stakeholders.</p> answering member printed Lord Young of Cookham question first answered 17/10/2016 15:50:03 answering member 57 label Biography information for Lord Young of Cookham
tabling member	3609 label Biography information for Baroness Finlay of Llandaff

592909

registered interest
date	03/10/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Monetary Policy
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they will review the impact of quantitative easing on investment and on savings to determine whether it is of greater benefit to one or the other.
tabling member printed	Lord Myners
uin	HL2035
answer	answer is ministerial correction date of answer 17/10/2016 answer text <p>The independent Monetary Policy Committee (MPC) is responsible for setting monetary policy to deliver its primary objective of maintaining price stability. As the MPC remit makes clear, ensuring price stability is an essential pre-requisite for economic prosperity. The MPC is accountable to both Parliament and the public, through regular reports and evidence given to the Treasury Committee. The Bank of England has previously produced analysis of the distributional effects of asset purchases on different groups in society. At the August Inflation Report hearing on 7 September the Bank committed to updating this analysis.</p> answering member printed Lord Young of Cookham question first answered 17/10/2016 14:27:01 answering member 57 label Biography information for Lord Young of Cookham
tabling member	3869 label Biography information for Lord Myners

592910

registered interest
date	03/10/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Financial Services: Marketing
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what plans they have to restrict the advertising and promotion of primary option trading and investment to retail investors in the UK by firms based in Cyprus and Malta.
tabling member printed	Lord Myners
uin	HL2036
answer	answer is ministerial correction date of answer 17/10/2016 answer text <p>The government takes this issue very seriously.</p><p> </p><p>The government will introduce measures to strengthen investor protection when it transposes the Markets in Financial Instruments Directive II (MiFID II).</p><p> </p><p>This will include powers for the Financial Conduct Authority (FCA) to prohibit or restrict the marketing, distribution or sale of financial instruments, including relevant binary options where there are significant investor protection concerns.</p><p> </p><p>These powers will apply from 3 January 2018.</p> answering member printed Lord Young of Cookham question first answered 17/10/2016 12:36:00 answering member 57 label Biography information for Lord Young of Cookham
tabling member	3869 label Biography information for Lord Myners

598057

registered interest
date	10/10/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Financial Services: North Korea
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether the government of North Korea, or any of its state-owned companies, has access to the London Stock Exchange or holds financial interests in the UK.
tabling member printed	Lord Alton of Liverpool
uin	HL2086
answer	answer is ministerial correction date of answer 24/10/2016 answer text <p>As part of UN and EU sanctions, banks are required to close existing branches, subsidiaries or accounts in North Korea where it has been determined that they contribute to North Korea’s ballistic missile programmes. The sanctions also prohibit any commercial activity by the Government of North Korea (including legal persons, entities or bodies owned or controlled by them).</p><p>Assets owned or controlled in the EU by designated DPRK persons, entities or bodies, including government bodies, are subject to an asset freeze and cannot be traded on the London Stock Exchange. A list of designations which has been placed in the Library includes a number of DPRK government and state-owned bodies. HM Treasury implements these financial sanctions in the UK. Non-compliance with financial sanctions is a criminal offence and HM Treasury works closely with law enforcement to ensure sanctions breaches are dealt with appropriately. For reasons of confidentiality, the Treasury does not make public the details of individual reports of frozen assets.</p> answering member printed Lord Young of Cookham question first answered 24/10/2016 13:49:21 answering member 57 label Biography information for Lord Young of Cookham
tabling member	738 label Biography information for Lord Alton of Liverpool

598073

registered interest
date	10/10/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Exchange Rates
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what assessment they have made of whether the drop in the value of sterling in recent months reflects the markets' view of the likely future health of the UK economy.
tabling member printed	Lord Birt
uin	HL2102
answer	answer is ministerial correction date of answer 18/10/2016 answer text <p>The UK has an inflation target, not an exchange rate target, and Her Majesty’s Government does not express a view on the level of exchange rates. Instead, the exchange rate is allowed to adjust flexibly in response to economic conditions and movements in sterling are determined by market forces.</p><p> </p><p>This framework means we do not need to introduce exchange rate controls.</p> answering member printed Lord Young of Cookham grouped question UIN HL2120 question first answered 18/10/2016 14:25:15 answering member 57 label Biography information for Lord Young of Cookham
tabling member	2533 label Biography information for Lord Birt