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1700718
star this property registered interest false remove filter
star this property date remove maximum value filtermore like thismore than 2024-04-15
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star 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 Premium Bonds more like this
unstar 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 His Majesty's Government what is their estimate for each of the past three years of their returns from retaining the proceeds of cashed-in Premium Bonds for up to six days before they are transferred to the holder’s bank account. more like this
star this property tabling member printed
Lord Wills more like this
unstar this property uin HL3827 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 2024-04-29more like thisremove minimum value filter
star this property answer text <p>NS&amp;I raises cost effective finance for government from the retail savings market. It does this through offering savings products to consumers, including Premium Bonds. Funds raised by NS&amp;I from these products, including Premium Bonds, flow to the National Loans Fund (NLF). The NLF is the government’s main borrowing and lending account, and to this end, it undertakes borrowing (primarily by issuing gilts via the Debt Management Office) and uses proceeds and other central government surplus balances, including funds from NS&amp;I’s Premium Bonds, to manage its cash needs day-to-day.</p><p> </p><p>The Exchequer’s cash needs are managed on an aggregate basis, meaning funds raised from Premium Bonds are not held in a separate account and do not receive a separate rate of return (which in any case is determined by the market as the government is ultimately a price taker). Therefore, there is not a single rate of return on NS&amp;I proceeds and it would not be possible to provide an estimate of returns from retaining the proceeds of Premium Bonds.</p><p> </p><p>When a customer divests their holdings of Premium Bonds, these repayments are also funded via the NLF’s activities and are typically processed within three working days. However, in exceptional circumstances, such as Bank Holidays, this may take longer. This process allows HM Treasury to manage Exchequer cashflows in a cost effective manner.</p>
star this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-04-29T14:32:57.907Zmore like thismore than 2024-04-29T14:32:57.907Z
unstar this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
260
star this property label Biography information for Lord Wills more like this
1700747
star this property registered interest false remove filter
star this property date remove maximum value filtermore like thismore than 2024-04-15
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star 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 Fishing Vessels: Subsidies more like this
unstar 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 His Majesty's Government what amount of fuel subsidy is received by the UK pelagic fishing fleet. more like this
star this property tabling member printed
Lord Randall of Uxbridge more like this
unstar this property uin HL3787 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 2024-04-29more like thisremove minimum value filter
star this property answer text Qualifying fishing vessels are eligible for two fuel duty reliefs: entitlement to use red diesel, taxed at a reduced rate of 10.18p per litre, and marine voyages relief. The government does not consider either of these to be fossil fuel subsidies. more like this
star this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-04-29T10:26:47.467Zmore like thismore than 2024-04-29T10:26:47.467Z
unstar this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
209
star this property label Biography information for Lord Randall of Uxbridge more like this