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1124896
registered interest false more like this
date less than 2019-05-07more like thismore than 2019-05-07
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 Private Equity 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 decline in private equity investments in UK companies due to Brexit uncertainty. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL15571 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-21more like thismore than 2019-05-21
answer text The government is confident that the UK will continue to represent an attractive place to do business, and be a world-leading, global financial centre for asset management, including Private Equity.<p> </p><p>Investment is crucial for the economic future of this country, and the government is committed to ensuring that businesses can access to the finance they need as we leave the EU. In April 2019, the government provided the British Business Bank with an additional £200m to invest in venture and growth capital in 2019/20.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-05-21T13:26:17.79Zmore like thismore than 2019-05-21T13:26:17.79Z
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
1124419
registered interest false more like this
date less than 2019-05-01more like thismore than 2019-05-01
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 London Capital & Finance: 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 whether Treasury ministers or officials have been in discussions with the Financial Conduct Authority (FCA) about the establishment by the latter of an independent review into the FCA’s supervision of London Capital &amp; Finance; and why the terms of reference of the review and the identity of the independent reviewer have not yet been published. more like this
tabling member printed
Lord Myners more like this
uin HL15468 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-15more like thismore than 2019-05-15
answer text <p>This Government takes the failure of London Capital &amp; Finance (LCF) and its impact on consumers very seriously. The independent investigation will seek to better understand the circumstances around the collapse of LCF and make sure we are properly protecting those who invest their money in the future.</p><p>It is essential that the terms of the investigation are set in a way that ensures these objectives are met and take into account any issues arising from current regulatory and enforcement investigations. HM Treasury officials are working to develop these with the relevant bodies as a matter of priority. Further details on this investigation, including the appointment of the independent investigator, will be published shortly.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-05-15T11:31:21.033Zmore like thismore than 2019-05-15T11:31:21.033Z
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
1123751
registered interest false more like this
date less than 2019-04-29more like thismore than 2019-04-29
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 Import Duties 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 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. more like this
tabling member printed
Lord Lilley more like this
uin HL15389 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-13more like thismore than 2019-05-13
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. more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-05-13T16:25:49.9Zmore like thismore than 2019-05-13T16:25:49.9Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
68
label Biography information for Lord Lilley more like this