Linked Data API

Show Search Form

Search Results

1141192
registered interest false more like this
date less than 2019-07-22more like thismore than 2019-07-22
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Infrastructure more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what steps they are taking to implement a national infrastructure strategy to increase business growth after Brexit. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL17375 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>High quality infrastructure is crucial for supporting business growth.</p><p> </p><p>The Government established the National Infrastructure Commission (NIC) in 2015 to provide impartial, expert advice on major long-term infrastructure challenges.</p><p> </p><p>The NIC published their first National Infrastructure Assessment (NIA) last year, setting out their assessment of the UK’s long-term infrastructure needs.</p><p> </p><p>The NIA made over 60 recommendations, and the Government is planning to respond in full to all of the recommendations through a National Infrastructure Strategy, to be published later this year.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-23T16:29:08.073Zmore like thismore than 2019-07-23T16:29:08.073Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this
1140446
registered interest false more like this
date less than 2019-07-18more like thismore than 2019-07-18
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading UK Trade with EU more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government how many cross-Channel transport companies have (1) applied for, and (2) received, Economic Operator Registration and Identification numbers to enable cross-Channel transport after Brexit; and what percentage of cross-Channel unitised transport those companies represent. more like this
tabling member printed
Lord Berkeley more like this
uin HL17279 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>If the UK leaves the EU without a deal, businesses will need to have a UK Economic Operator Registration and Identification (EORI) number to trade goods in to or out of the UK. Since December 2018, through to 14 July 2019, HM Revenue and Customs (HMRC) has issued 66,000 EORI numbers, which are still live. HMRC has issued UK EORI numbers to all traders who registered for a number and did not already possess one at the time of their registration. HMRC does not hold data on how many of these traders are cross-Channel transport companies.</p><p> </p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-23T11:17:36.55Zmore like thismore than 2019-07-23T11:17:36.55Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
3526
label Biography information for Lord Berkeley more like this
1140461
registered interest false more like this
date less than 2019-07-18more like thismore than 2019-07-18
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Hotels: Taxation more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government, further to the Written Answer by Lord Bates on 2 April (HL14646), whether they will assess how a tax levied on hotel stays on a per night basis might affect cities and their tourism sectors; and if not, why not. more like this
tabling member printed
Baroness Doocey more like this
uin HL17294 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Chancellor keeps the tax system under review, but has no plans to introduce a tax levied on hotel stays on a per night basis. Therefore, no such assessment is planned.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-23T16:27:30.827Zmore like thismore than 2019-07-23T16:27:30.827Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
4197
label Biography information for Baroness Doocey more like this
1140474
registered interest false more like this
date less than 2019-07-18more like thismore than 2019-07-18
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Financial Institutions: Fines more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what is the total (1) number, and (2) amount, of fines that have been imposed on banks and other companies in the financial sector since 2015; and what the money collected has been used for. more like this
tabling member printed
Lord Kennedy of Southwark more like this
uin HL17307 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>Information on the fines imposed on financial sector firms can be found on the FCA’s website.</p><p> </p><p>Between financial years 2015/16 and 2018/19 the Financial Conduct Authority and the Prudential Regulation Authority have levied a total of 37 fines on banks and other financial sector firms. The total amount fined over this four year period was one billion, three hundred and sixty seven million pounds.</p><p> </p><p>Since 2015 money from these fines, minus enforcement costs, has been transferred directly to the Government’s consolidated fund. Fine income entering the Consolidated Fund is not earmarked for any specific purpose but is instead part of the Government’s total revenues. Government revenues are used to pay for all Government spending on public services.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-23T16:24:18.283Zmore like thismore than 2019-07-23T16:24:18.283Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
4153
label Biography information for Lord Kennedy of Southwark more like this
1140479
registered interest false more like this
date less than 2019-07-18more like thismore than 2019-07-18
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading LIBOR more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what assessment they have made of the preparedness of the financial services industry to solve the issue of LIBOR-linked loan contracts before 2021. more like this
tabling member printed
Baroness Kramer more like this
uin HL17312 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Government is supporting a market – led transition away from LIBOR by end-2021.</p><p> </p><p>UK financial services regulators have said that they will be expecting banks to show that they have eliminated dependency on LIBOR in their lending businesses, have suitable plans to move to non-LIBOR products in new lending well before end-2021, and to explain changes to affected customers.</p><p> </p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-23T16:25:45.653Zmore like thismore than 2019-07-23T16:25:45.653Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
1557
label Biography information for Baroness Kramer more like this
1140491
registered interest false more like this
date less than 2019-07-18more like thismore than 2019-07-18
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Financial Services more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether they have ever formally reviewed the case for the UK establishing its own requirements for liquidity standards for Undertakings for the Collective Investment in Transferable Securities at higher levels than specified by EU Directives; or whether the UK is currently bound by EU rules and cannot introduce higher standards. more like this
tabling member printed
Lord Myners more like this
uin HL17324 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is operationally independent from Government. The question has been passed on to the FCA. The FCA will reply directly to Lord Myners by letter. A copy of the letter will be placed in the Library of the House.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-23T11:17:13.213Zmore like thismore than 2019-07-23T11:17:13.213Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
3869
label Biography information for Lord Myners more like this
1140017
registered interest false more like this
date less than 2019-07-17more like thismore than 2019-07-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Social Security Benefits: Families more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether they intend to increase family benefits and tax credits in line with the cost of living; and if so, when. more like this
tabling member printed
Lord Hylton more like this
uin HL17252 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>As the Chancellor has made clear, the government has no intention of repeating the current freeze on working-age benefits, including family benefits and tax credits. From April next year, the government expect to resume increases to frozen benefits in line with CPI in the normal way.</p><p><strong> </strong></p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-23T11:15:21.107Zmore like thismore than 2019-07-23T11:15:21.107Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
2018
label Biography information for Lord Hylton more like this
1140034
registered interest false more like this
date less than 2019-07-17more like thismore than 2019-07-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Lendy: Insolvency more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government, further to the Written Answer by Lord Young of Cookham on 19 June (HL16113), what discussions they have had with the Financial Conduct Authority about the case for that body to conduct an investigation into its decision to authorise Lendy when it had concerns about that firm’s compliance with minimum regulatory standards and the adequacy of disclosure to lenders; and what assessment they have made of the case for any such investigation to include whether any investors in Lendy (1) suffered losses as a result of that authorisation, and (2) are entitled to compensation from the FCA or another institution. more like this
tabling member printed
Lord Myners more like this
uin HL17269 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>Treasury Ministers and officials have regular meetings with a wide variety of organisations in the public and private sectors, including the Financial Conduct Authority (FCA).</p><p> </p><p>The operationally independent FCA’s investigation into the circumstances that led to the administration of Lendy is ongoing, and it would be inappropriate for Government to pre-empt its findings.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-23T11:10:37.227Zmore like thismore than 2019-07-23T11:10:37.227Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
3869
label Biography information for Lord Myners more like this
1140039
registered interest false more like this
date less than 2019-07-17more like thismore than 2019-07-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Brexit more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what plans they have to address any economic downturn that may be caused by a no-deal Brexit. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL17274 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The government’s priority has been to ensure a smooth and orderly withdrawal from the EU with a deal as soon as possible. The government has reached agreement with the EU on an extension until October 31<sup>st</sup> at the latest, with the option to leave earlier as soon as a deal is ratified. However, “No Deal” remains the legal default at the end of the extension period if a deal cannot be reached. As a responsible government we have been preparing for this possibility for almost three years to minimise any disruption in the event of no deal. The Treasury and the Bank of England together have all the tools of fiscal and monetary policy available to us, including the fiscal headroom the Chancellor has held in reserve.</p><p> </p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-23T11:14:00.283Zmore like thismore than 2019-07-23T11:14:00.283Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this
1139549
registered interest false more like this
date less than 2019-07-16more like thismore than 2019-07-16
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Aggregates Levy more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what plans they have to increase the Aggregates Levy for primary aggregates to encourage the use of secondary aggregates including that obtained from china clay. more like this
tabling member printed
Lord Berkeley more like this
uin HL17196 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>At Budget 2018, the government announced that the rate of Aggregates Levy would be frozen for 2019-20. The government also announced its intention to return the Levy to index-linking in future. Decisions on the rate of Aggregates Levy from 2020 will be taken at Budget 2019.</p><p> </p><p>Following the conclusion of long-running litigation in February this year, the government launched a comprehensive review of the Levy at Spring Statement 2019.</p><p> </p><p>As part of this, the government has convened a working group of industry and sector experts who are providing input and challenge. Additionally, the government is engaging widely with stakeholders throughout the UK and has requested written representations (by 5<sup>th</sup> July). The government will announce next steps by the end of the year.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-07-23T11:15:56Zmore like thismore than 2019-07-23T11:15:56Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
3526
label Biography information for Lord Berkeley more like this