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1061363
star this property registered interest false more like this
star this property date less than 2019-02-14more like thismore than 2019-02-14
star this property answering body
Cabinet Office more like this
star this property answering dept id 53 more like this
star this property answering dept short name Cabinet Office more like this
star this property answering dept sort name Cabinet Office more like this
star this property hansard heading Public Sector: Billing 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 remove filter
star this property question text To ask Her Majesty's Government who is responsible for auditing the payment performance data published by public authorities as required by sections 113(7) and 113(8) of the Public Service Contracts Regulations 2015; and what processes they use for such audits. more like this
star this property tabling member printed
Lord Mendelsohn more like this
star this property uin HL13743 more like this
star this property answer
answer
unstar this property is ministerial correction true more like this
star this property date of answer less than 2019-02-20more like thismore than 2019-02-20
star this property answer text <p><del class="ministerial">Details of central government contracts above the value of £10,000 and wider public sector contracts above the value of £25,000 are published on Contracts Finder.</del></p><p> </p><p><ins class="ministerial">Public procurement regulations do not contain requirements for public bodies to include auditing or whistleblowing policies in the operational delivery and management of public contracts.</ins></p><p><ins class="ministerial">Public bodies in scope of these regulations are individually responsible for ensuring the accuracy of their own data prior to publication, and operate their own whistleblowing policies.</ins></p><p><ins class="ministerial">The Government encourages whistleblowers to get independent advice (e.g. from Citizens Advice) to ensure that they are adequately protected.</ins></p><p><ins class="ministerial">Public sector suppliers that have not been paid on time can raise the issue with the Public Procurement Review Service.</ins></p> more like this
unstar this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-02-20T11:32:53.117Zmore like thismore than 2019-02-20T11:32:53.117Z
star this property question first ministerially corrected
less than 2019-02-21T14:27:38.357Zmore like thismore than 2019-02-21T14:27:38.357Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property previous answer version
103260
star this property answering member printed Lord Young of Cookham more like this
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
4286
star this property label Biography information for Lord Mendelsohn more like this
1012543
star this property registered interest false more like this
star this property date less than 2018-11-22more like thismore than 2018-11-22
star this property answering body
Cabinet Office more like this
star this property answering dept id 53 more like this
star this property answering dept short name Cabinet Office more like this
star this property answering dept sort name Cabinet Office more like this
star this property hansard heading Ministers: Resignations 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 remove filter
star this property question text To ask Her Majesty's Government which ministers, set out by name and by ministerial responsibility, have resigned from office since the 2017 General Election. more like this
star this property tabling member printed
Lord Tebbit more like this
star this property uin HL11735 more like this
star this property answer
answer
unstar this property is ministerial correction true more like this
star this property date of answer less than 2018-12-04more like thismore than 2018-12-04
star this property answer text <p>The following ministers have resigned from office since the formation of the Government on 11 June 2017:</p><p> </p><ul><li>Lord Price CVO, former Minister of State for Trade Policy</li><li>Lord Nash, former Parliamentary Under Secretary of State for the School System</li><li>The Rt Hon Baroness Anelay of St. Johns DBE, former Minister of State for Exiting the European Union</li><li>The Rt Hon Michael Fallon MP, former Secretary of State for Defence</li><li>The Rt Hon Priti Patel MP, former Secretary of State for International Development</li><li>The Rt Hon Damian Green MP, former First Secretary of State and Minister for the Cabinet Office</li></ul><p> </p><p> </p><p> </p><p> </p><ul><li>The Rt Hon Justine Greening MP, former Secretary of State for Education and Minister for Women and Equalities</li><li>Baroness Chisholm of Owlpen, former Baroness in Waiting (Government Whip)</li><li>The Rt Hon Amber Rudd MP, former Secretary of State for the Home Department and Minister for Women and Equalities</li><li>Dr Philip Lee MP, former Parliamentary Under Secretary of State for Youth Justice, Victims, Female Offenders and Offender Health</li><li>The Rt Hon Greg Hands MP, former Minister for Trade Policy</li><li>The Rt Hon David Davis MP, former Secretary of State for Exiting the European Union</li><li>The Rt Hon Boris Johnson MP, former Secretary of State for Foreign Affairs</li><li>Steve Baker MP, former Parliamentary Under Secretary of State for Exiting the European Union</li><li>Andrew Griffiths MP, former Parliamentary Under Secretary of State, Minister for Small Business Consumers and Corporate Responsibility</li><li>Guto Bebb MP, former Minister for Defence Procurement</li><li>Tracey Crouch MP, former Parliamentary Under Secretary of State for Sport and Civil Society</li><li>Jo Johnson MP, former Minister of State for Transport and Minister for London</li><li>The Rt Hon Dominic Raab MP, former Secretary of State for Exiting the European Union</li><li>The Rt Hon Esther McVey MP, former Secretary of State for Work and Pensions</li><li>Suella Braverman MP, former Parliamentary Under Secretary of State for Exiting the European Union</li><li>Shailesh Vara MP, former Minister of State for Northern Ireland</li><li><ins class="ministerial">Sam Gyimah MP, former Minister of State for Universities, Science, Research and Innovation</ins></li></ul>
unstar this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2018-12-04T14:35:32.71Zmore like thisremove minimum value filter
star this property question first ministerially corrected
less than 2018-12-04T16:53:58.463Zmore like thismore than 2018-12-04T16:53:58.463Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property previous answer version
89851
star this property answering member printed Lord Young of Cookham more like this
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
952
star this property label Biography information for Lord Tebbit more like this
1141167
star this property registered interest false more like this
star this property date less than 2019-07-22more like thismore than 2019-07-22
star this property answering body
Department for International Trade more like this
star this property answering dept id 202 more like this
star this property answering dept short name International Trade more like this
star this property answering dept sort name International Trade more like this
star this property hansard heading Trade Promotion 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 remove filter
star this property question text To ask Her Majesty's Government, further to the Written Answer by Viscount Younger of Leckie on 17 July (HL16983), what are the job descriptions of each Trade Envoy; whether any assessment has been made of their effectiveness in relation to the terms of their appointment; and whether those envoys are accountable to (1) the Prime Minister, (2) the Secretary of State for International Trade, (3) the Foreign Secretary, or (4) another Cabinet minister. more like this
star this property tabling member printed
Lord Grocott more like this
star this property uin HL17350 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 2019-08-16more like thismore than 2019-08-16
star this property answer text <p>The Terms of Appointment for the Programme provide the framework to which Trade Envoys work to. They outline Trade Envoys’ roles and responsibilities when undertaking Trade Envoy duties, as well as outlining the Department for International Trade commitment to them. Under the Terms of Appointment, they are appointed for the term of a parliament, after which the sitting Prime Minister will decide whether to keep the current cadre in their role.</p><p> </p><p>Trade Envoys regularly help UK business secure export successes, by either lobbying on their behalf, or helping to create the environment for them to succeed.</p><p> </p><p>Trade Envoys are appointed by the Prime Minister and are ultimately accountable to the Prime Minister, though they regularly report specific issues to other Ministers as necessary.</p> more like this
unstar this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-08-16T10:53:13.5Zmore like thismore than 2019-08-16T10:53:13.5Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
276
star this property label Biography information for Lord Grocott more like this
1141168
star this property registered interest false more like this
star this property date less than 2019-07-22more like thismore than 2019-07-22
star this property answering body
Department for International Trade more like this
star this property answering dept id 202 more like this
star this property answering dept short name International Trade more like this
star this property answering dept sort name International Trade more like this
star this property hansard heading Trade Promotion 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 remove filter
star this property question text To ask Her Majesty's Government, further to the Written Answer by Viscount Younger of Leckie on 17 July (HL16983), whether the Trade Envoys are answerable to Parliament either (1) directly, (2) via a minister, or (3) not at all. more like this
star this property tabling member printed
Lord Grocott more like this
star this property uin HL17351 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 2019-08-16more like thismore than 2019-08-16
star this property answer text <p>Trade Envoys comprised of parliamentarians drawn from both Houses are answerable to Parliament via direct line of report to my Rt. Hon. Friend the Secretary of State for International Trade who is accountable for the programme.</p><p> </p><p>Although the Trade Envoy role is not a ministerial appointment and does not carry formal policy responsibility the Trade Envoys are under the same obligation as Ministers to adhere to the relevant departmental restrictions, guidelines and confidentiality clauses.</p> more like this
unstar this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-08-16T10:53:28.36Zmore like thismore than 2019-08-16T10:53:28.36Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
276
star this property label Biography information for Lord Grocott more like this
1142475
star this property registered interest false more like this
star this property date less than 2019-07-25more like thismore than 2019-07-25
star this property answering body
Department for International Trade more like this
star this property answering dept id 202 more like this
star this property answering dept short name International Trade more like this
star this property answering dept sort name International Trade more like this
star this property hansard heading Overseas Trade 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 remove filter
star this property question text To ask Her Majesty's Government what plans they have to publish their Regional Trade Plans. more like this
star this property tabling member printed
Viscount Waverley more like this
star this property uin HL17549 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 2019-08-16more like thismore than 2019-08-16
star this property answer text <p>Regional Trade Plans (RTPs), set out an overseas region’s overarching strategy, key objectives and priorities, which will drive the delivery of Her Majesty’s Government’s trade objectives overseas. Currently, the RTPs are internal documents, but the Department for International Trade intends to publish executive summaries of the RTPs in due course.</p> more like this
unstar this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-08-16T10:52:52.403Zmore like thismore than 2019-08-16T10:52:52.403Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
1744
star this property label Biography information for Viscount Waverley more like this
1140014
star this property registered interest false more like this
star this property date less than 2019-07-17more like thismore than 2019-07-17
star this property answering body
Department for International Trade more like this
star this property answering dept id 202 more like this
star this property answering dept short name International Trade more like this
star this property answering dept sort name International Trade more like this
star this property hansard heading Trade Promotion 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 remove filter
star this property question text To ask Her Majesty's Government, further to the Written Answer by Viscount Younger of Leckie (HL16983), whether they will include the list of Trade Envoys and appointment dates in the text of the Written Answer for inclusion in Hansard. more like this
star this property tabling member printed
Lord Grocott more like this
star this property uin HL17249 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 2019-08-06more like thismore than 2019-08-06
star this property answer text <p>I refer the Noble Lord to the Written Ministerial Statement given by my Rt Hon Friend the Secretary of State for International Trade on 18 July 2019, HCWS1760.</p><p> </p><p><a href="https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statements/?page=1&amp;max=20&amp;questiontype=AllQuestions&amp;house=commons%2Clords&amp;uin=HCWS1760" target="_blank">https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statements/?page=1&amp;max=20&amp;questiontype=AllQuestions&amp;house=commons%2Clords&amp;uin=HCWS1760</a></p><p> </p><p>On the 18 July 2019 my Noble Friend Lord Risby was appointed as the Prime Minister’s Trade Envoy to Lebanon which is in addition to his current role as the Prime Minister’s Trade Envoy to Algeria. Also on the 18 July 2019 the Hon. Member for Dudley North, Ian Austin MP, was appointed as the Prime Minister’s Trade Envoy to Israel. These two new appointments take the total number of Trade Envoys to 27 parliamentarians covering 58 markets.</p><p> </p><p><strong>Full List of Prime Minister’s Trade Envoys, their Markets and date of appointment</strong></p><p><strong> </strong></p><table><tbody><tr><td><p><strong>Trade Envoy Name</strong></p></td><td><p><strong>Designated Markets</strong></p></td><td><p><strong>Date of PM Appointment</strong></p></td></tr><tr><td><p>Lord Risby</p></td><td><p>Algeria</p></td><td><p>November 2012</p></td></tr><tr><td><p> </p></td><td><p>Lebanon</p></td><td><p>July 2019</p></td></tr><tr><td><p>Baroness Morris</p></td><td><p>Jordan, Kuwait, Palestinian Territories</p></td><td><p>November 2012</p></td></tr><tr><td><p>Baroness Bonham Carter</p></td><td><p>Mexico</p></td><td><p>November 2012</p></td></tr><tr><td><p>Richard Graham MP</p></td><td><p>Indonesia</p></td><td><p>November 2012</p></td></tr><tr><td><p> </p></td><td><p>Trade Envoy to the ASEAN Economic Community</p></td><td><p>July 2015</p></td></tr><tr><td><p> </p></td><td><p>Philippines, Malaysia</p></td><td><p>January 2016</p></td></tr><tr><td><p>Baroness Nicholson</p></td><td><p>Iraq</p></td><td><p>January 2014</p></td></tr><tr><td><p> </p></td><td><p>Azerbaijan, Turkmenistan</p></td><td><p>April 2016</p></td></tr><tr><td><p> </p></td><td><p>Kazakhstan</p></td><td><p>July 2017</p></td></tr><tr><td><p>Lord Janvrin</p></td><td><p>Turkey</p></td><td><p>January 2014</p></td></tr><tr><td><p>Mark Prisk MP</p></td><td><p>(Investment Envoy) Nordic and Baltic Region</p></td><td><p>April 2014</p></td></tr><tr><td><p> </p></td><td><p>Brazil</p></td><td><p>March 2016</p></td></tr><tr><td><p>Sir Jeffrey Donaldson MP</p></td><td><p>Egypt</p></td><td><p>November 2015</p></td></tr><tr><td><p>Adam Afriyie MP</p></td><td><p>Ghana</p></td><td><p>January 2016</p></td></tr><tr><td><p> </p></td><td><p>Guinea</p></td><td><p>September 2017</p></td></tr><tr><td><p>Lord Popat</p></td><td><p>Uganda, Rwanda</p></td><td><p>January 2016</p></td></tr><tr><td><p>John Howell MP</p></td><td><p>Nigeria</p></td><td><p>January 2016</p></td></tr><tr><td><p>Rushanara Ali MP</p></td><td><p>Bangladesh</p></td><td><p>March 2016</p></td></tr><tr><td><p>Lord Astor of Hever</p></td><td><p>Oman</p></td><td><p>November 2016</p></td></tr><tr><td><p>Lord Faulkner</p></td><td><p>Taiwan</p></td><td><p>January 2016</p></td></tr><tr><td><p>Lord Lamont</p></td><td><p>Iran</p></td><td><p>January 2016</p></td></tr><tr><td><p>Baroness Northover</p></td><td><p>Angola</p></td><td><p>January 2016</p></td></tr><tr><td><p> </p></td><td><p>Zambia</p></td><td><p>July 2017</p></td></tr><tr><td><p>Paul Scully MP</p></td><td><p>Myanmar, Brunei, Thailand</p></td><td><p>July 2017</p></td></tr><tr><td><p>Jeremy Lefroy MP</p></td><td><p>Ethiopia</p></td><td><p>July 2017</p></td></tr><tr><td><p>Andrew Selous MP</p></td><td><p>South Africa</p></td><td><p>July 2017</p></td></tr><tr><td><p>Mark Pritchard MP</p></td><td><p>Georgia, Armenia</p></td><td><p>September 2017</p></td></tr><tr><td><p>Mark Menzies MP</p></td><td><p>Argentina, Colombia, Peru, Chile</p></td><td><p>September 2017</p></td></tr><tr><td><p>Simon Hart MP</p></td><td><p>Panama, Dominican Republic, Costa Rica</p></td><td><p>September 2017</p></td></tr><tr><td><p>Ed Vaizey MP</p></td><td><p>Vietnam, Laos,Cambodia</p></td><td><p>September 2017</p></td></tr><tr><td><p>Sir Henry Bellingham MP</p></td><td><p>Libya</p></td><td><p>June 2018</p></td></tr><tr><td><p>Pauline Latham MP</p></td><td><p>Kenya</p></td><td><p>August 2018</p></td></tr><tr><td><p>Andrew Rosindell MP</p></td><td><p>Tanzania</p></td><td><p>September 2018</p></td></tr><tr><td><p>Ian Austin MP</p></td><td><p>Israel</p></td><td><p>July 2019</p></td></tr></tbody></table>
unstar this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-08-06T14:22:59.49Zmore like thismore than 2019-08-06T14:22:59.49Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
276
star this property label Biography information for Lord Grocott more like this
1141169
star this property registered interest false more like this
star this property date less than 2019-07-22more like thismore than 2019-07-22
star this property answering body
Department for International Trade more like this
star this property answering dept id 202 more like this
star this property answering dept short name International Trade more like this
star this property answering dept sort name International Trade more like this
star this property hansard heading Trade Promotion 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 remove filter
star this property question text To ask Her Majesty's Government, further to the Written Answer by Viscount Younger of Leckie on 17 July (HL16983), what has been the total cost of the Trade Envoy system since 2012 including staffing support and travel costs. more like this
star this property tabling member printed
Lord Grocott more like this
star this property uin HL17352 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 2019-08-06more like thismore than 2019-08-06
star this property answer text <p>Since the Programme was launched in November 2012 the cumulative cost of travel and subsistence has been £848,962.</p><p> </p><p>Accurate staffing support figures for the programme are not available as the programme pre-dates the formation of the Department and has changed as the programme has evolved.</p><p> </p><p>For 2018/19 the programme’s staffing costs were approximately £551,000. This is based on the average salary costs for the current staffing level.</p> more like this
unstar this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-08-06T14:24:05.167Zmore like thismore than 2019-08-06T14:24:05.167Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
276
star this property label Biography information for Lord Grocott more like this
1141516
star this property registered interest false more like this
star this property date less than 2019-07-23more like thismore than 2019-07-23
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
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 Insolvency 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 remove filter
star this property question text To ask Her Majesty's Government what assessment they have made of the impact that the proposal to make HMRC a secondary preferential creditor in insolvencies may have on business rescue support in the UK from April 2020. more like this
star this property tabling member printed
Baroness Burt of Solihull more like this
star this property uin HL17384 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 2019-08-06more like thismore than 2019-08-06
star this property answer text <p>This reform is designed to ensure that when a business becomes insolvent, more of the taxes paid in good faith by that business’s employees and customers will go to fund public services as intended, rather than being distributed to other creditors such as financial institutions.</p><p>This measure does not include a cap on the age of tax debts which will be eligible for secondary preferential status, nor an exemption for existing lending. Either proposal would introduce potential distortions into the lending market which the Government does not consider to be either fair or proportionate.</p><p>The Government does not expect this reform to have a significant impact on access to finance, the cost of borrowing, business rescue support in the UK or the UK’s ranking in the World Bank’s annual “Doing Business” report.</p><p>Consistent with the Government’s impact assessment, the independent Office for Budget Responsibility (OBR) did not make any adjustments to their economic forecast in response to this measure.</p>
unstar this property answering member printed Lord Young of Cookham more like this
star this property grouped question UIN
HL17385 more like this
HL17386 more like this
HL17387 more like this
star this property question first answered
less than 2019-08-06T13:34:00.673Zmore like thismore than 2019-08-06T13:34:00.673Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
1567
star this property label Biography information for Baroness Burt of Solihull more like this
1141517
star this property registered interest false more like this
star this property date less than 2019-07-23more like thismore than 2019-07-23
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
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 Insolvency 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 remove filter
star this property question text To ask Her Majesty's Government what assessment they have made of the impact that their proposal to make HMRC a secondary preferential creditor in insolvencies will have on the UK’s ranking in the World Bank’s annual "Doing Business" report. more like this
star this property tabling member printed
Baroness Burt of Solihull more like this
star this property uin HL17385 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 2019-08-06more like thismore than 2019-08-06
star this property answer text <p>This reform is designed to ensure that when a business becomes insolvent, more of the taxes paid in good faith by that business’s employees and customers will go to fund public services as intended, rather than being distributed to other creditors such as financial institutions.</p><p>This measure does not include a cap on the age of tax debts which will be eligible for secondary preferential status, nor an exemption for existing lending. Either proposal would introduce potential distortions into the lending market which the Government does not consider to be either fair or proportionate.</p><p>The Government does not expect this reform to have a significant impact on access to finance, the cost of borrowing, business rescue support in the UK or the UK’s ranking in the World Bank’s annual “Doing Business” report.</p><p>Consistent with the Government’s impact assessment, the independent Office for Budget Responsibility (OBR) did not make any adjustments to their economic forecast in response to this measure.</p>
unstar this property answering member printed Lord Young of Cookham more like this
star this property grouped question UIN
HL17384 more like this
HL17386 more like this
HL17387 more like this
star this property question first answered
less than 2019-08-06T13:34:00.753Zmore like thismore than 2019-08-06T13:34:00.753Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
1567
star this property label Biography information for Baroness Burt of Solihull more like this
1141518
star this property registered interest false more like this
star this property date less than 2019-07-23more like thismore than 2019-07-23
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
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 Insolvency 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 remove filter
star this property question text To ask Her Majesty's Government why HM Treasury has decided to not introduce a cap on the age of tax debts which will be eligible for secondary preferential status in insolvencies from April 2020; and what assessment they have made of the impact of this decision on the costs of insolvency procedures and business lending. more like this
star this property tabling member printed
Baroness Burt of Solihull more like this
star this property uin HL17386 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 2019-08-06more like thismore than 2019-08-06
star this property answer text <p>This reform is designed to ensure that when a business becomes insolvent, more of the taxes paid in good faith by that business’s employees and customers will go to fund public services as intended, rather than being distributed to other creditors such as financial institutions.</p><p>This measure does not include a cap on the age of tax debts which will be eligible for secondary preferential status, nor an exemption for existing lending. Either proposal would introduce potential distortions into the lending market which the Government does not consider to be either fair or proportionate.</p><p>The Government does not expect this reform to have a significant impact on access to finance, the cost of borrowing, business rescue support in the UK or the UK’s ranking in the World Bank’s annual “Doing Business” report.</p><p>Consistent with the Government’s impact assessment, the independent Office for Budget Responsibility (OBR) did not make any adjustments to their economic forecast in response to this measure.</p>
unstar this property answering member printed Lord Young of Cookham more like this
star this property grouped question UIN
HL17384 more like this
HL17385 more like this
HL17387 more like this
star this property question first answered
less than 2019-08-06T13:34:00.597Zmore like thismore than 2019-08-06T13:34:00.597Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham remove filter
star this property tabling member
1567
star this property label Biography information for Baroness Burt of Solihull more like this