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1716946

registered interest
date	09/05/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Help to Buy Scheme: Individual Savings Accounts
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will have discussions with the Secretary of State for Levelling Up, Housing and Communities on the potential merits of increasing the purchase price limits on ISAs to exceed £250,000.
tabling member constituency	Mid Bedfordshire
tabling member printed	Alistair Strathern
uin	25600
answer	answer is ministerial correction date of answer 14/05/2024 answer text <p>The Government keeps all aspects of savings policy under review, and any changes of this kind would be made at a relevant fiscal event.</p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 14/05/2024 13:01:10 answering member 4639 label Biography information for Bim Afolami
tabling member	5000 label Biography information for Alistair Strathern

1715936

registered interest
date	07/05/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Insurance Contributions: Overseas Workers
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government, further to the remarks by Baroness Vere of Norbiton on 12 February (HL Deb col 10) that HMRC expected processing times for A1 forms to return to normal by April, what are the "normal" target processing times.
tabling member printed	The Earl of Clancarty
uin	HL4386
answer	answer is ministerial correction date of answer 14/05/2024 answer text <p>HMRC processing timescales for A1 forms are to clear 75% of online applications within 15 working-days, for postal applications it is to clear 75% within 40 working-days.</p> answering member printed Baroness Vere of Norbiton question first answered 14/05/2024 10:57:38 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	3391 label Biography information for The Earl of Clancarty

1715696

registered interest
date	02/05/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Insurance Contributions
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government, further to the remarks by Baroness Vere of Norbiton on 12 February (HL Deb col 10) that HMRC expects processing times for A1 forms to return to normal by April, what assessment they have made of progress so far, and what steps they are taking to improve processing times.
tabling member printed	The Earl of Clancarty
uin	HL4324
answer	answer is ministerial correction date of answer 14/05/2024 answer text <p>HMRC has taken steps to address the backlog of A1 applications, have achieved their recovery strategy ahead of time and they are now achieving service levels. Since September 2023 the processing times for online applications have decreased to 6 days from 15 weeks previously, and for post applications, it is now also 6 days, down from 33 weeks. The Standard Level of Service Agreement targets for both are 15 days and 40 days respectively. As of 3rd May, HMRC has reduced the number of cases on hand to approximately 2500.</p> answering member printed Baroness Vere of Norbiton question first answered 14/05/2024 10:57:19 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	3391 label Biography information for The Earl of Clancarty

1715464

registered interest
date	01/05/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Insurance Contributions
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government, further to the Written Answer by Baroness Vere of Norbiton on 25 April (HL3770), how they intend to assess entitlement for contributory working age benefits and pensions, should they abolish national insurance contributions in line with their stated ambition.
tabling member printed	Baroness Lister of Burtersett
uin	HL4295
answer	answer is ministerial correction date of answer 14/05/2024 answer text <p>Cutting NICs rates does not affect anyone’s entitlement to the State Pension or contributory benefits.</p> answering member printed Baroness Vere of Norbiton question first answered 14/05/2024 10:56:03 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	4234 label Biography information for Baroness Lister of Burtersett

1714896

registered interest
date	30/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank Services: Highlands of Scotland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what discussions he has had with banks on the potential impact of the removal of mobile bank services on people in (a) Bonar Bridge, (b) Lairg, (c) Helmsdale and (d) Dornoch.
tabling member constituency	Caithness, Sutherland and Easter Ross
tabling member printed	Jamie Stone
uin	24282
answer	answer is ministerial correction date of answer 14/05/2024 answer text <p>Decisions to open or close a branch or mobile banking service are commercial decisions for firms and the Government does not intervene. However, it is imperative that banks and building societies recognise the needs of all customers, including those who need to use in-person services.</p><p> </p><p>Guidance from the FCA sets out its expectation of firms when they are deciding to reduce their physical branches, including mobile branches, or the number of free-to-use ATMs. Firms are expected to carefully consider the impact of planned closures on their customers’ everyday banking and cash access needs, and put in place alternatives, where this is reasonable.</p><p> </p><p>Alternative options to access everyday banking services can be via telephone banking, through digital means such as mobile or online banking and via the Post Office or Banking Hubs.</p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 14/05/2024 08:10:47 answering member 4639 label Biography information for Bim Afolami
tabling member	4612 label Biography information for Jamie Stone

1715041

registered interest
date	30/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Debts: Developing Countries
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made of efforts in New York State to ensure private creditor debtor terms are equal to those of other creditors to lower and middle-income countries; and what plans they have, if any, to enact similar legislation in the UK.
tabling member printed	Baroness Goudie
uin	HL4215
answer	answer is ministerial correction date of answer 14/05/2024 answer text <p>The UK, alongside the G20 and Paris Club, expects creditors, including private creditors, to participate in debt restructurings on comparable terms.</p><p> </p><p>At this stage, the Government is not pursuing a legislative approach that would force private or other lenders to participate in debt restructurings. The Government is focused on delivering a market-based (contractual) approach to private sector participation, including taking the lead in developing Majority Voting Provisions for private syndicated loans. These promote more efficient restructurings and reduce the ability for creditors to hold out.</p> answering member printed Baroness Vere of Norbiton question first answered 14/05/2024 14:39:19 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	3575 label Biography information for Baroness Goudie

1715053

registered interest
date	30/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Expenditure: Northern Ireland
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what discussions they have had with the Northern Ireland Executive, since the restoration of devolved institutions in Northern Ireland on 3 February, about financial allocations from the Treasury.
tabling member printed	Baroness Ritchie of Downpatrick
uin	HL4234
answer	answer is ministerial correction date of answer 14/05/2024 answer text <p>The UK Government has regular discussions with its devolved administration counterparts, including the Northern Ireland Executive.</p><p> </p><p>Since the restoration of the Northern Ireland Executive, the Chief Secretary to the Treasury has met with the Northern Ireland Finance Minister on three occasions.</p><p> </p><p>UK Government officials continue to engage regularly with the Northern Ireland Executive on the implementation of all aspects of the UK Government’s £3.3 billion restoration financial package which will stabilise and transform Northern Ireland’s public finances.</p> answering member printed Baroness Vere of Norbiton question first answered 14/05/2024 14:06:13 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	4130 label Biography information for Baroness Ritchie of Downpatrick

1715062

registered interest
date	30/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Housing: Sales
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made of the 12 per cent increase in house sales during April; and what steps they are taking to support first-time buyers.
tabling member printed	Lord Taylor of Warwick
uin	HL4243
answer	answer is ministerial correction date of answer 14/05/2024 answer text <p>The most comprehensive measure of UK property transactions is published by HMRC. According to this measure, residential property transactions rose by 1% in March 2024 compared to February, the third consecutive monthly increase.</p><p> </p><p>The Government continues to monitor developments in the housing market closely and consider the implications.</p><p> </p> answering member printed Baroness Vere of Norbiton question first answered 14/05/2024 14:39:49 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	1796 label Biography information for Lord Taylor of Warwick

1714611

registered interest
date	29/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	UK-EU Trade and Cooperation Agreement
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government, further to the Written Answer by Baroness Vere of Norbiton on 25 April (HL3766), when they sought permission from the EU to extend the sunset clause for enterprise investment schemes and venture capital trust schemes.
tabling member printed	Lord Leigh of Hurley
uin	HL4157
answer	answer is ministerial correction date of answer 14/05/2024 answer text <p>The government’s engagement with the EU Commission on the extension of the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) sunset clauses is ongoing.</p><p> </p><p>The government believes the schemes continue to be consistent with subsidy control principles and address an evidenced market failure.</p> answering member printed Baroness Vere of Norbiton question first answered 14/05/2024 10:56:24 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	4295 label Biography information for Lord Leigh of Hurley

1714638

registered interest
date	29/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Block Grant: Northern Ireland
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government by how much, and by what percentage, (1) resource funding, and (2) capital funding for the Northern Ireland Block Grant has increased from 2023–2024 to 2024–2025.
tabling member printed	Lord Weir of Ballyholme
uin	HL4192
answer	answer is ministerial correction date of answer 14/05/2024 answer text <p>To accurately compare the Northern Ireland Executive's (NIE’s) funding between years, it is important to compare the same point in the financial year.</p><p> </p><p>The most comparable figures are the 2021 Spending Review settlement for the NIE, which can be found in Table 4.19 here: <a href="https://assets.publishing.service.gov.uk/media/61c495ebe90e07196d2b8383/Budget_AB2021_Print.pdf" target="_blank">https://assets.publishing.service.gov.uk/media/61c495ebe90e07196d2b8383/Budget_AB2021_Print.pdf</a></p><p> </p><p>The (NIE) receives in-year funding through the operation of the Barnett Formula and non-Barnett funding provided at fiscal events and Main and Supplementary Estimates.</p> answering member printed Baroness Vere of Norbiton question first answered 14/05/2024 15:05:09 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	4970 label Biography information for Lord Weir of Ballyholme