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101529
unstar this property registered interest false more like this
star this property date less than 2014-10-29more like thismore than 2014-10-29
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Financial Services 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 Mr Chancellor of the Exchequer, what steps he has taken to monitor practices in the banking sector. more like this
star this property tabling member constituency South Antrim more like this
star this property tabling member printed
Dr William McCrea more like this
star this property uin 212470 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 2014-11-05more like thismore than 2014-11-05
star this property answer text <p>This Government has taken a number of major steps to strengthen monitoring and regulation of the banking sector.</p><p> </p><p> </p><p> </p><p>The Financial Services Act 2012 put in place two new, properly focussed financial regulators, the Prudential Regulation Authority (PRA) - a subsidiary of the Bank of England - the Financial Conduct Authority (FCA), as part of a new approach to financial regulation. The new regulators started work on 1 April 2013.</p><p> </p><p> </p><p> </p><p>The Government’s new approach to financial regulation enables the PRA to concentrate on monitoring the health of UK banks to ensure that they are prudently and competently managed and to reduce the risk that the practices of UK banks will lead to serious financial failure. At the same time, the FCA can concentrate on monitoring the practices of UK banks and other financial services businesses in their dealing with ordinary retail customers and in wholesale financial markets, to reduce the risk that the practices in the banking sector are detrimental to consumers or competition, or threaten the integrity of financial markets.</p><p> </p><p> </p><p> </p><p>On 12 June 2014, the Government announced the Fair and Effective Markets Review, which is a joint review by HM Treasury, the Bank of England, and the Financial Conduct Authority (FCA) into the way wholesale financial markets operate. The Government is determined to take action to help restore trust and integrity and to ensure that the highest standards are expected of those who operate in these markets. It is important that this is done in a way that preserves the UK’s position as the global financial centre for many of these markets. The Review published its consultation document “How fair and effective are the fixed income, foreign exchange and commodities markets?” on 27 October, and the Government looks forward to the review’s final recommendations in June 2015.</p><p> </p>
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-11-05T16:50:46.5086619Zmore like thismore than 2014-11-05T16:50:46.5086619Z
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
655
unstar this property label Biography information for Lord McCrea of Magherafelt and Cookstown remove filter
105844
unstar this property registered interest false more like this
star this property date less than 2014-11-03more like thismore than 2014-11-03
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Lloyds Banking Group 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 Mr Chancellor of the Exchequer, what discussions he has had with Lloyds Bank since its announcement of 9,000 job losses. more like this
star this property tabling member constituency South Antrim more like this
star this property tabling member printed
Dr William McCrea more like this
star this property uin 212921 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 2014-11-20more like thismore than 2014-11-20
star this property answer text <p>Details of the Chancellors meetings are published in HMT transparency returns.</p><p> </p><p> </p><p> </p><p>The Government’s shareholding in Lloyds is managed at arm’s length from HM Treasury by UK Financial Investments Ltd. In accordance with UKFI’s investment mandate, the Government does not seek to intervene in the operational management of Lloyds Banking Group.</p><p> </p><p> </p><p> </p> more like this
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-11-20T13:50:57.15Zmore like thismore than 2014-11-20T13:50:57.15Z
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
655
unstar this property label Biography information for Lord McCrea of Magherafelt and Cookstown remove filter
166250
unstar this property registered interest false more like this
star this property date less than 2014-11-26more like thismore than 2014-11-26
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Business: Northern Ireland 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 Mr Chancellor of the Exchequer, what steps he is taking to increase access to bank lending for businesses in Northern Ireland. more like this
star this property tabling member constituency South Antrim more like this
star this property tabling member printed
Dr William McCrea more like this
star this property uin 216115 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 2014-12-02more like thismore than 2014-12-02
star this property answer text <p>The Government has taken significant action to increase bank lending to businesses throughout the UK, including through the Funding for Lending Scheme, and through supporting non-bank lending channels via the British Business Bank.</p><p> </p><p> </p><p> </p><p>The Government is also implementing further major reforms to boost competition in the small and medium sized enterprise (SME) lending market through the Small Business, Enterprise and Employment Bill; most notably the measures to improve access to SME credit information and to match SMEs rejected for finance with challenger banks and alternative finance providers that are looking to offer finance.</p><p> </p><p> </p><p> </p><p>Furthermore, in Autumn 2013 a joint United Kingdom and Northern Ireland Ministerial Task Force was set up to look at ways to promote lending and increase support specifically for businesses in Northern Ireland.</p><p> </p> more like this
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-12-02T17:50:30.367Zmore like thismore than 2014-12-02T17:50:30.367Z
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
655
unstar this property label Biography information for Lord McCrea of Magherafelt and Cookstown remove filter
169404
unstar this property registered interest false more like this
star this property date less than 2014-12-10more like thismore than 2014-12-10
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Business: Northern Ireland 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 Mr Chancellor of the Exchequer, when he next plans to meet (a) representatives of the business community and (b) high street traders in Northern Ireland. more like this
star this property tabling member constituency South Antrim more like this
star this property tabling member printed
Dr William McCrea more like this
star this property uin 218166 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 2014-12-18more like thismore than 2014-12-18
star this property answer text <p>Treasury Ministers do not have any outstanding invitations to meet representatives of the groups specified, but will continue to respond to such requests on their merits, should they be made.</p><p> </p><p> </p><p> </p><p>UK Government Ministers do however maintain regular contact with their counterparts in the Northern Ireland Executive on a range of matters of mutual interest, and the views of business leaders in Northern Ireland inform their considerations.</p><p> </p> more like this
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-12-18T17:34:41.26Zmore like thismore than 2014-12-18T17:34:41.26Z
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
655
unstar this property label Biography information for Lord McCrea of Magherafelt and Cookstown remove filter
93472
unstar this property registered interest false more like this
star this property date less than 2014-10-15more like thismore than 2014-10-15
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Small Businesses: Loans 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 Mr Chancellor of the Exchequer, what further steps he plans to take to encourage banks to lend money to small and medium-sized businesses. more like this
star this property tabling member constituency South Antrim more like this
star this property tabling member printed
Dr William McCrea more like this
star this property uin 210820 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 2014-10-22more like thismore than 2014-10-22
star this property answer text <p>The Government has taken significant action to increase bank lending to smaller businesses, such as through the Funding for Lending Scheme, and through supporting non-bank lending channels via the British Business Bank.</p><p> </p><p> </p><p> </p><p>In Autumn 2013 a joint United Kingdom and Northern Ireland Ministerial Task Force was set up to look at ways to promote lending and increase support for businesses in Northern Ireland.</p><p> </p><p> </p><p> </p><p>The Government is also implementing further major reforms to boost competition in the provision of smaller business finance through the Small Business, Enterprise and Employment Bill; these measures intend to improve access to SME Credit Information and to match SMEs rejected for SME finance with challenger banks and alternative finance providers that are looking to offer finance.</p><p> </p> more like this
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-10-22T15:21:56.7434195Zmore like thismore than 2014-10-22T15:21:56.7434195Z
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
655
unstar this property label Biography information for Lord McCrea of Magherafelt and Cookstown remove filter
93475
unstar this property registered interest false more like this
star this property date less than 2014-10-15more like thismore than 2014-10-15
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Employment 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 Mr Chancellor of the Exchequer, what plans he has to increase opportunities for full-time employment across the UK. more like this
star this property tabling member constituency South Antrim more like this
star this property tabling member printed
Dr William McCrea more like this
star this property uin 210819 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 2014-10-22more like thismore than 2014-10-22
star this property answer text <p>The Government is committed to increasing the opportunities for full-time employment across the UK. That is why we introduced the Employment Allowance in April 2014 which entitles businesses and charities to a £2,000 allowance on their annual National Insurance contributions bill. The allowance is reducing the cost of employment, supporting small businesses aspiring to grow by hiring their first employee or expanding their workforce.</p><p> </p><p> </p><p>We are also abolishing Employer National Insurance contributions for under 21s on earnings up to £813 a week from April 2015 helping to support full-time employment for young people. The Government will of course continue to look at further ways to support full-time employment across the UK.</p><p> </p> more like this
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-10-22T16:04:11.9430274Zmore like thismore than 2014-10-22T16:04:11.9430274Z
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
655
unstar this property label Biography information for Lord McCrea of Magherafelt and Cookstown remove filter
1640673
unstar this property registered interest false more like this
star this property date less than 2023-05-25more like thismore than 2023-05-25
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Motor Vehicles: Excise Duties more like this
star 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 how much was collected in (1) road and (2) petrol, tax during the last two years for which information is available; and how much of that was invested in roads. more like this
star this property tabling member printed
Lord McCrea of Magherafelt and Cookstown more like this
star this property uin HL8153 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 2023-06-05more like thismore than 2023-06-05
star this property answer text <p>Receipts for Vehicle Excise Duty (‘road tax’) and fuel duties, which incorporate various types of fuel including petrol (‘petrol tax’) for the last two available years were set out by the Office of Budget Responsibility in March 2022 and March 2023, and are as follows:</p><p> </p><p>Vehicle Excise Duty, 2021-22: £7.1bn</p><p>Fuel duties, 2021-22: £25.9bn</p><p>Vehicle Excise Duty, 2020-21: £6.9bn</p><p>Fuel duties, 2020-21: £27.6bn</p><p> </p><p>Income raised by the government, including tax receipts but also income from fees, charges or borrowing, is centralised in the Consolidated Fund - from which government expenditure, including on roads, is funded.</p><p> </p><p>Government spending on roads in the same time period is set out by the Department for Transport on gov.uk, and is as follows:</p><p> </p><p>Strategic road network in England, 2021/22: £5.6bn</p><p>Capital funding for local roads maintenance in England (outside London), 2021/22: £1.4bn</p><p>Strategic road network in England 2020/21: £5bn</p><p>Capital funding for local roads maintenance in England (outside London), 2020/21: £1.8bn</p>
star this property answering member printed Baroness Penn more like this
star this property question first answered
less than 2023-06-05T14:46:57.957Zmore like thismore than 2023-06-05T14:46:57.957Z
star this property answering member
4726
star this property label Biography information for Baroness Penn more like this
star this property tabling member
655
unstar this property label Biography information for Lord McCrea of Magherafelt and Cookstown remove filter
1692924
unstar this property registered interest false more like this
star this property date less than 2024-02-29more like thismore than 2024-02-29
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading VAT: Northern Ireland more like this
star 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 whether they have sole responsibility for regulating Northern Ireland VAT or whether the EU has any authority relating to VAT matters in Northern Ireland. more like this
star this property tabling member printed
Lord McCrea of Magherafelt and Cookstown more like this
star this property uin HL2906 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 2024-03-14more like thismore than 2024-03-14
star this property answer text <p>The arrangements in Northern Ireland under the Windsor Framework guarantee Northern Ireland’s position within the UK’s VAT area. The freedoms secured under the Windsor Framework have already delivered benefits for NI people and businesses, including the application of zero rates on the installation of energy-saving materials and the UK-wide application of the changes agreed at Autumn Statement 2023, such as the removal of VAT on period underwear. All the VAT and excise measures announced at Spring Budget 2024 apply UK-wide.</p> more like this
star this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2024-03-14T15:25:57.09Zmore like thismore than 2024-03-14T15:25:57.09Z
star this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
655
unstar this property label Biography information for Lord McCrea of Magherafelt and Cookstown remove filter
147445
unstar this property registered interest false more like this
star this property date less than 2014-11-10more like thismore than 2014-11-10
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Public Expenditure: Northern Ireland 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 Mr Chancellor of the Exchequer, if he will give further financial assistance to the Northern Ireland Executive to fund public sector pensions, health and education. more like this
star this property tabling member constituency South Antrim more like this
star this property tabling member printed
Dr William McCrea more like this
star this property uin 214159 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 2014-11-19more like thismore than 2014-11-19
star this property answer text <p>The Northern Ireland Executive, like the devolved administrations in Scotland and Wales, is expected to meet the costs of public sector pensions and spending on health and education from within its existing budgets.</p><p> </p> more like this
star this property answering member constituency Inverness, Nairn, Badenoch and Strathspey more like this
star this property answering member printed Danny Alexander more like this
star this property question first answered
less than 2014-11-19T13:52:44.437Zmore like thismore than 2014-11-19T13:52:44.437Z
star this property answering member
1535
star this property label Biography information for Danny Alexander more like this
star this property tabling member
655
unstar this property label Biography information for Lord McCrea of Magherafelt and Cookstown remove filter
169402
unstar this property registered interest false more like this
star this property date less than 2014-12-10more like thismore than 2014-12-10
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Economic Situation: Northern Ireland 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 Mr Chancellor of the Exchequer, what steps the Government is taking to rebalance the economy in Northern Ireland. more like this
star this property tabling member constituency South Antrim more like this
star this property tabling member printed
Dr William McCrea more like this
star this property uin 218164 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 2014-12-18more like thismore than 2014-12-18
star this property answer text <p>The UK Government shares the Northern Ireland Executive’s goal of rebalancing the Northern Ireland economy. The Northern Ireland economic pact ‘Building a Prosperous and United Community’ set out a range of measures to help rebalance the Northern Ireland economy and drive investment, jobs and growth. The first annual update on progress was published in July 2014.</p><p> </p><p> </p><p> </p><p>Autumn Statement 2014 confirmed the Government’s view that the proposal to devolve corporation tax rate-setting powers to the Executive could be implemented, provided the Executive is able to manage the financial implications. The ongoing talks process is examining financial and budgetary issues, amongst a range of other issues.</p><p> </p> more like this
star this property answering member constituency Inverness, Nairn, Badenoch and Strathspey more like this
star this property answering member printed Danny Alexander more like this
star this property question first answered
less than 2014-12-18T17:07:52.837Zmore like thismore than 2014-12-18T17:07:52.837Z
star this property answering member
1535
star this property label Biography information for Danny Alexander more like this
star this property tabling member
655
unstar this property label Biography information for Lord McCrea of Magherafelt and Cookstown remove filter