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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 less than 2019-07-23more like thismore than 2019-07-23
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 remove filter
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 more like this
tabling member
3526
label Biography information for Lord Berkeley more like this
1140463
registered interest false more like this
date less than 2019-07-18more like thismore than 2019-07-18
answering body
Cabinet Office more like this
answering dept id 53 more like this
answering dept short name Cabinet Office more like this
answering dept sort name Cabinet Office more like this
hansard heading Government Departments: Bain and Company 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 15 July (HL16911), whether they will cease using Bain and Company for consultancy work. more like this
tabling member printed
Lord Hain more like this
uin HL17296 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-22more like thismore than 2019-07-22
answer text <p>I refer the noble Lord to my answer given to Question HL16911 on 15 July 2019.</p> more like this
answering member printed Lord Young of Cookham remove filter
grouped question UIN HL17297 more like this
question first answered
less than 2019-07-22T16:20:20.39Zmore like thismore than 2019-07-22T16:20:20.39Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
567
label Biography information for Lord Hain more like this
1140464
registered interest false more like this
date less than 2019-07-18more like thismore than 2019-07-18
answering body
Cabinet Office more like this
answering dept id 53 more like this
answering dept short name Cabinet Office more like this
answering dept sort name Cabinet Office more like this
hansard heading Government Departments: Bain and Company 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 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. more like this
tabling member printed
Lord Hain more like this
uin HL17297 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-22more like thismore than 2019-07-22
answer text <p>I refer the noble Lord to my answer given to Question HL16911 on 15 July 2019.</p> more like this
answering member printed Lord Young of Cookham remove filter
grouped question UIN HL17296 more like this
question first answered
less than 2019-07-22T16:20:20.44Zmore like thismore than 2019-07-22T16:20:20.44Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
567
label Biography information for Lord Hain 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 less than 2019-07-23more like thismore than 2019-07-23
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 remove filter
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 more like this
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 less than 2019-07-23more like thismore than 2019-07-23
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 remove filter
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 more like this
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 less than 2019-07-23more like thismore than 2019-07-23
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 remove filter
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 more like this
tabling member
3869
label Biography information for Lord Myners more like this
1139104
registered interest false more like this
date less than 2019-07-15more like thismore than 2019-07-15
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 Public Sector: Workplace Pensions 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, if any, to change the pension arrangements for senior public servants, especially doctors in the NHS, as they approach retirement. more like this
tabling member printed
Lord Trefgarne more like this
uin HL17189 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-19more like thismore than 2019-07-19
answer text <p>The government keeps public sector pensions policy under constant review in the context of the wider public finances.</p><p> </p><p>The Secretary of State for Health and Social Care will shortly publish a consultation on proposals for a new flexibility for senior clinicians in the NHS pension scheme via the introduction of a 50:50 option.</p><p> </p> more like this
answering member printed Lord Young of Cookham remove filter
question first answered
less than 2019-07-19T11:07:28.673Zmore like thismore than 2019-07-19T11:07:28.673Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
1813
label Biography information for Lord Trefgarne more like this
1137396
registered interest false more like this
date less than 2019-07-08more like thismore than 2019-07-08
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 Parcels: VAT 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 ensure more foreign companies sign up to the new parcel tax scheme in preparation for a possible no-deal Brexit. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL17003 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-22more like thismore than 2019-07-22
answer text <p>HMRC’s Import VAT on Parcels online service was launched in February 2019 to allow businesses to prepare for a potential no deal EU exit, and remains open for registrations. HMRC are working with key partners to communicate the potential changes to overseas businesses. While HMRC expect registrations would increase if a no deal exit were confirmed, registration numbers for the online service are not a reliable indicator of overall readiness because there are other ways to pay import VAT on parcels via third parties.</p> more like this
answering member printed Lord Young of Cookham remove filter
question first answered
less than 2019-07-22T12:55:01.37Zmore like thismore than 2019-07-22T12:55:01.37Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this