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1141192

registered interest
date	22/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Infrastructure
house id	2
legislature	25277 pref label House of Lords
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.
tabling member printed	Lord Taylor of Warwick
uin	HL17375
answer	answer is ministerial correction date of answer 23/07/2019 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> answering member printed Lord Young of Cookham question first answered 23/07/2019 16:29:08 answering member 57 label Biography information for Lord Young of Cookham
tabling member	1796 label Biography information for Lord Taylor of Warwick

1140446

registered interest
date	18/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	UK Trade with EU
house id	2
legislature	25277 pref label House of Lords
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.
tabling member printed	Lord Berkeley
uin	HL17279
answer	answer is ministerial correction date of answer 23/07/2019 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> answering member printed Lord Young of Cookham question first answered 23/07/2019 11:17:36 answering member 57 label Biography information for Lord Young of Cookham
tabling member	3526 label Biography information for Lord Berkeley

1140461

registered interest
date	18/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Hotels: Taxation
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 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.
tabling member printed	Baroness Doocey
uin	HL17294
answer	answer is ministerial correction date of answer 23/07/2019 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> answering member printed Lord Young of Cookham question first answered 23/07/2019 16:27:30 answering member 57 label Biography information for Lord Young of Cookham
tabling member	4197 label Biography information for Baroness Doocey

1140463

registered interest
date	18/07/2019
answering body	Cabinet Office
answering dept id	53
answering dept short name	Cabinet Office
answering dept sort name	Cabinet Office
hansard heading	Government Departments: Bain and Company
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 15 July (HL16911), whether they will cease using Bain and Company for consultancy work.
tabling member printed	Lord Hain
uin	HL17296
answer	answer is ministerial correction date of answer 22/07/2019 answer text <p>I refer the noble Lord to my answer given to Question HL16911 on 15 July 2019.</p> answering member printed Lord Young of Cookham grouped question UIN HL17297 question first answered 22/07/2019 16:20:20 answering member 57 label Biography information for Lord Young of Cookham
tabling member	567 label Biography information for Lord Hain

1140464

registered interest
date	18/07/2019
answering body	Cabinet Office
answering dept id	53
answering dept short name	Cabinet Office
answering dept sort name	Cabinet Office
hansard heading	Government Departments: Bain and Company
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 15 July (HL16909), whether they will now (1) cancel existing future contracts, and (2) commit to not taking out any future contracts, with Bain and Company in the light of its consultancy work for the South African Revenue Service.
tabling member printed	Lord Hain
uin	HL17297
answer	answer is ministerial correction date of answer 22/07/2019 answer text <p>I refer the noble Lord to my answer given to Question HL16911 on 15 July 2019.</p> answering member printed Lord Young of Cookham grouped question UIN HL17296 question first answered 22/07/2019 16:20:20 answering member 57 label Biography information for Lord Young of Cookham
tabling member	567 label Biography information for Lord Hain

1140474

registered interest
date	18/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Institutions: Fines
house id	2
legislature	25277 pref label House of Lords
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.
tabling member printed	Lord Kennedy of Southwark
uin	HL17307
answer	answer is ministerial correction date of answer 23/07/2019 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> answering member printed Lord Young of Cookham question first answered 23/07/2019 16:24:18 answering member 57 label Biography information for Lord Young of Cookham
tabling member	4153 label Biography information for Lord Kennedy of Southwark

1140479

registered interest
date	18/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	LIBOR
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 preparedness of the financial services industry to solve the issue of LIBOR-linked loan contracts before 2021.
tabling member printed	Baroness Kramer
uin	HL17312
answer	answer is ministerial correction date of answer 23/07/2019 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> answering member printed Lord Young of Cookham question first answered 23/07/2019 16:25:45 answering member 57 label Biography information for Lord Young of Cookham
tabling member	1557 label Biography information for Baroness Kramer

1140491

registered interest
date	18/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services
house id	2
legislature	25277 pref label House of Lords
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.
tabling member printed	Lord Myners
uin	HL17324
answer	answer is ministerial correction date of answer 23/07/2019 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> answering member printed Lord Young of Cookham question first answered 23/07/2019 11:17:13 answering member 57 label Biography information for Lord Young of Cookham
tabling member	3869 label Biography information for Lord Myners

1140017

registered interest
date	17/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Social Security Benefits: Families
house id	2
legislature	25277 pref label House of Lords
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.
tabling member printed	Lord Hylton
uin	HL17252
answer	answer is ministerial correction date of answer 23/07/2019 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> answering member printed Lord Young of Cookham question first answered 23/07/2019 11:15:21 answering member 57 label Biography information for Lord Young of Cookham
tabling member	2018 label Biography information for Lord Hylton

1140034

registered interest
date	17/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Lendy: Insolvency
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 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.
tabling member printed	Lord Myners
uin	HL17269
answer	answer is ministerial correction date of answer 23/07/2019 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> answering member printed Lord Young of Cookham question first answered 23/07/2019 11:10:37 answering member 57 label Biography information for Lord Young of Cookham
tabling member	3869 label Biography information for Lord Myners