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1129549

registered interest
date	04/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Barlow Clowes: Insolvency
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the role Dame Elizabeth Gloster played as counsel in cases arising out of (1) the insolvency of Barlow Clowes, and (2) the payment of compensation to investors in that firm's funds.
tabling member printed	Lord Myners
uin	HL16034
answer	answer is ministerial correction date of answer 18/06/2019 answer text <p>On 23 May, the Treasury formally directed the Financial Conduct Authority (FCA) to launch an independent investigation into the events at London Capital &amp; Finance (LCF), and approved the FCA’s appointment of Dame Elizabeth Gloster to lead it. The investigation will look at the events and circumstances surrounding the failure of LCF and whether, in its supervision of LCF, the FCA discharged its functions in a manner which enabled it to effectively fulfil its statutory objectives. Dame Elizabeth will be able to consider any other matters she deems relevant to the events set out in the Treasury’s direction to the FCA.</p><p> </p><p>Dame Elizabeth is an experienced barrister, leading QC and Judge at the High Court and Court of Appeal. The Treasury is satisfied that she will be able to lead a robust and independent investigation.</p><p> </p><p>The Treasury has stipulated that the investigation should be completed within 12 months, whilst allowing the investigator to report sooner than 12 months if this is feasible. This will ensure that the investigation is as thorough as possible and that the right lessons are learned to better protect those who invest their money in the future.</p> answering member printed Lord Young of Cookham grouped question UIN HL16033 HL16035 question first answered 18/06/2019 15:18:13 answering member 57 label Biography information for Lord Young of Cookham
tabling member	3869 label Biography information for Lord Myners

1127252

registered interest
date	16/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Import Duties
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government how much revenue is raised from tariffs on products not grown or produced in the UK.
tabling member printed	Lord Lilley
uin	HL15805
answer	answer is ministerial correction date of answer 23/05/2019 answer text <p>The total amount received in Customs Duties in 2017-18 was £3.4 billion.</p> answering member printed Lord Young of Cookham question first answered 23/05/2019 15:15:54 answering member 57 label Biography information for Lord Young of Cookham
tabling member	68 label Biography information for Lord Lilley

1126332

registered interest
date	13/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Banking Hubs: Competition
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what plans they have, if any, to update competition law to allow for shared banking hubs in areas where local bank branches have been closed.
tabling member printed	Lord Taylor of Warwick
uin	HL15692
answer	answer is ministerial correction date of answer 22/05/2019 answer text <p>Branch closures can be difficult for the communities affected and the Government pays close attention to this issue. However, the decision to close a branch is a commercial one for a firm, and Government does not intervene in those decisions.</p><p> </p><p>However, the Government is equally clear that as banking providers seek to respond to technological advances and changes in customer behaviour, they must also consider carefully the needs of those who still rely on their local bank branch. Since May 2017, the major high street banks have been signed up to the Access to Banking Standard, which commits them to work with customers and communities to minimise the impact of branch closures and put in place alternative banking services.</p><p> </p><p>The Government also supports the Post Office Banking Framework Agreement which enables 99% of the UK’s personal and 95% of the UK’s small business customers to withdraw money, deposit cash and cheques and check balances at any one of the Post Office’s network of 11,500 branches.</p><p> </p><p> </p><p>While banks do have to comply with competition law, there is no specific regulation that prevents banks from sharing branches or other premises where their strategies align. The Government therefore has no plans to update competition law on this basis. Government does not intervene in these commercial decisions, but will continue to encourage banks to think creatively about how they can ensure that consumers can access a wide range of banking services on a sustainable basis. For example, NatWest, Lloyds Bank and Barclays are trialling shared business banking hubs in 6 locations across the UK in the coming weeks.</p> answering member printed Lord Young of Cookham question first answered 22/05/2019 16:37:43 answering member 57 label Biography information for Lord Young of Cookham
tabling member	1796 label Biography information for Lord Taylor of Warwick

1125512

registered interest
date	08/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Personal Income
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government, further to the answer by Lord Agnew of Oulton on 30 April (HL Deb, col 857), what is the minimum amount that a family with two children under 16 years of age with one adult working full-time on the national minimum wage or national living wage would take home in each year since 2010 if they were claiming child benefit, tax credit, child tax credit and working tax credit.
tabling member printed	Baroness Primarolo
uin	HL15607
answer	answer is ministerial correction date of answer 21/05/2019 answer text <p>The figures are shown in table 1 below, rounded to the nearest £5.</p><p> </p><p> </p><p>Table 1: Total take-home pay, Child Benefit, and tax credits for a family with two adults, one of whom is aged 25 or over and works 35 hours per week and receives the National Minimum Wage or National Living Wage</p><p> </p><table><tbody><tr><td><p>Year</p></td><td><p>£ per annum</p></td></tr><tr><td><p>2010-11</p></td><td><p>16,805</p></td></tr><tr><td><p>2011-12</p></td><td><p>17,450</p></td></tr><tr><td><p>2012-13</p></td><td><p>17,815</p></td></tr><tr><td><p>2013-14</p></td><td><p>18,205</p></td></tr><tr><td><p>2014-15</p></td><td><p>18,500</p></td></tr><tr><td><p>2015-16</p></td><td><p>18,840</p></td></tr><tr><td><p>2016-17</p></td><td><p>19,250</p></td></tr><tr><td><p>2017-18</p></td><td><p>19,510</p></td></tr><tr><td><p>2018-19</p></td><td><p>19,775</p></td></tr><tr><td><p>2019-20</p></td><td><p>20,135</p></td></tr></tbody></table> answering member printed Lord Young of Cookham question first answered 21/05/2019 13:58:20 answering member 57 label Biography information for Lord Young of Cookham
tabling member	217 label Biography information for Baroness Primarolo

1123751

registered interest
date	29/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Import Duties
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what revenue they anticipate from a full year of the temporary tariff regime announced on 13 March; and how much they would expect to raise if there were no change in the current tariff regime.
tabling member printed	Lord Lilley
uin	HL15389
answer	answer is ministerial correction date of answer 13/05/2019 answer text Under the current tariff regime, the independent Office for Budget Responsibility have forecast tariff revenue to be £3.5bn in 2019/20. In the event of a no deal it will not be possible to replicate our current trading arrangements. The yield raised from tariffs, under the temporary tariff regime, is likely to be highly sensitive to any behavioural response, wider economic conditions, and judgements on modelling assumptions taken by the Office for Budget Responsibility. It is therefore not possible to provide a firm estimate at this stage of a full year of the temporary tariff regime but in the event of no deal, the tariffs policy would be reflected in a future Office for Budget Responsibility fiscal forecast. answering member printed Lord Young of Cookham question first answered 13/05/2019 16:25:49 answering member 57 label Biography information for Lord Young of Cookham
tabling member	68 label Biography information for Lord Lilley

746089

registered interest
date	28/06/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
house id	2
legislature	25277 pref label House of Lords
question text	Her Majesty's Government whether the pay cap for civil service employees will be lifted; and if so, when this will happen.
tabling member printed	Baroness McGregor-Smith
uin	HL231
answer	answer is ministerial correction date of answer 12/07/2017 answer text <p>I refer to exchanges in the other place made by the Chancellor regarding the public sector pay cap during the debate on the Queen’s speech on 29<sup>th</sup> June (HC Deb, 29 June 2017, vol. 626, cols 788-789). During those exchanges, the Chancellor stated that the Government’s public sector pay policy remains unchanged. The pay policy has always been designed to strike the right balance between being fair to our public servants and being fair to those who pay for them. That approach has not changed and we continually assess that balance.</p> answering member printed Lord Young of Cookham question first answered 12/07/2017 16:49:20 answering member 57 label Biography information for Lord Young of Cookham
tabling member	4554 label Biography information for Baroness McGregor-Smith

657411

registered interest
date	12/12/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Office for Budget Responsibility
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government, further to the Written Answer by Lord Young of Cookham on 12 December (HL3687), whether they have made a separate assessment of the accuracy of the forecasts for the economy and public finances made by the Office for Budget Responsibility since 2010.
tabling member printed	Lord Grocott
uin	HL4044
answer	answer is ministerial correction date of answer 21/12/2016 answer text <p>The Budget Responsibility and National Audit Act 2011 requires the Non-executive members of the Office for Budget Responsibility (OBR) to commission an external review every five years, to examine the content and quality of the reports published by the OBR. To this end, the Page review was published in September 2014. HM Treasury published its own review of the OBR in 2015, building on evidence from the Page review.</p> answering member printed Lord Young of Cookham question first answered 21/12/2016 12:33:39 answering member 57 label Biography information for Lord Young of Cookham
tabling member	276 label Biography information for Lord Grocott

647939

registered interest
date	29/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Child Tax Credit: Disability
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government who was responsible for the processing error that resulted in families whose children qualified for Disability Living Allowance not receiving additional tax credits during 2011–14; what was the average total loss per family affected; and why restitution has not been backdated to cover the full period affected.
tabling member printed	Lord Alton of Liverpool
uin	HL3636
answer	answer is ministerial correction date of answer 13/12/2016 answer text <p>Claimants were able to claim the higher rate of Child Tax Credits (CTC) by informing HM Revenue and Customs (HMRC) of eligibility at the time an initial claim for or renewal of CTC was made. Accompanying guidance provided details of the eligibility requirements for this. In addition, claimants could call the relevant HMRC helpline at any time. Between April 2011 and April 2014, the number of working families claiming the disabled child element increased from 145,000 to 152,000, and has since risen to 169,000.</p><p> </p><p>It is the claimants’ responsibility to inform HMRC of their eligibility to the higher element of CTC. To help claimants claim the right amount, HMRC’s backup practice is to take information from Department for Work and Pensions to automatically update tax credit awards. However, for the period in question, this information sharing process proved unreliable. Although legally HMRC are only required to backdate claims for 31 days on receipt of a notification or claim, at the Autumn Statement, the Government announced that HMRC would make corrections for this year for the customers it has identified who have not claimed. Customers will receive a lump sum payment to reflect entitlement since 6 April 2016, and an on-going higher award.</p><p> </p><p>A higher level of CTC is awarded to parents of disabled children. The disabled child part of CTC is worth up to £3,140 per year on top of the standard child element, and the severely disabled element is an additional £1,275. The maximum amount a family receives is dependent on their personal circumstances and household income.</p> answering member printed Lord Young of Cookham grouped question UIN HL3637 question first answered 13/12/2016 14:30:00 answering member 57 label Biography information for Lord Young of Cookham
tabling member	738 label Biography information for Lord Alton of Liverpool

647940

registered interest
date	29/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Child Tax Credit: Disability
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what assessment they have made of the impact on the families affected by the underpayment of tax credits to families whose children qualified for Disability Living Allowance during 2011–14.
tabling member printed	Lord Alton of Liverpool
uin	HL3637
answer	answer is ministerial correction date of answer 13/12/2016 answer text <p>Claimants were able to claim the higher rate of Child Tax Credits (CTC) by informing HM Revenue and Customs (HMRC) of eligibility at the time an initial claim for or renewal of CTC was made. Accompanying guidance provided details of the eligibility requirements for this. In addition, claimants could call the relevant HMRC helpline at any time. Between April 2011 and April 2014, the number of working families claiming the disabled child element increased from 145,000 to 152,000, and has since risen to 169,000.</p><p> </p><p>It is the claimants’ responsibility to inform HMRC of their eligibility to the higher element of CTC. To help claimants claim the right amount, HMRC’s backup practice is to take information from Department for Work and Pensions to automatically update tax credit awards. However, for the period in question, this information sharing process proved unreliable. Although legally HMRC are only required to backdate claims for 31 days on receipt of a notification or claim, at the Autumn Statement, the Government announced that HMRC would make corrections for this year for the customers it has identified who have not claimed. Customers will receive a lump sum payment to reflect entitlement since 6 April 2016, and an on-going higher award.</p><p> </p><p>A higher level of CTC is awarded to parents of disabled children. The disabled child part of CTC is worth up to £3,140 per year on top of the standard child element, and the severely disabled element is an additional £1,275. The maximum amount a family receives is dependent on their personal circumstances and household income.</p> answering member printed Lord Young of Cookham grouped question UIN HL3636 question first answered 13/12/2016 14:30:01 answering member 57 label Biography information for Lord Young of Cookham
tabling member	738 label Biography information for Lord Alton of Liverpool

641868

registered interest
date	22/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	European Parliament Members: Pensions
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government who will be responsible for the finances of UK MEPs’ pensions following the withdrawal of the UK from the EU.
tabling member printed	Lord Storey
uin	HL3437
answer	answer is ministerial correction date of answer 01/12/2016 answer text <p>The arrangements for withdrawal from the EU, including from the budget, will be a matter for the withdrawal agreement as part of the Article 50 process.</p> answering member printed Lord Young of Cookham question first answered 01/12/2016 15:37:27 answering member 57 label Biography information for Lord Young of Cookham
tabling member	4238 label Biography information for Lord Storey