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934498

registered interest
date	03/07/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Banks: Republic of Ireland
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what was the cost to the Treasury of providing support to banks in the Republic of Ireland during the 2008 banking crisis; and whether any of the funds provided have been repaid.
tabling member printed	Lord Morris of Aberavon
uin	HL9179
answer	answer is ministerial correction date of answer 16/07/2018 answer text <p>HM Government did not provide any direct financial assistance to banks headquartered in Ireland during the financial crisis.</p><p>In 2010, Parliament authorised a bilateral loan of £3.2 billion to be lent to the Irish Government as part of a wider international assistance package. Disbursements were made in 8 tranches between 2011 and 2013. Principal repayments will begin in April 2019 and the Government expects the loan to be repaid in full with interest. The most recent statutory report on the loan was laid in Parliament on 24 April 2018 and is available to view online.</p> answering member printed Lord Bates question first answered 16/07/2018 13:43:56 answering member 1091 label Biography information for Lord Bates
tabling member	565 label Biography information for Lord Morris of Aberavon

809621

registered interest
date	19/12/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Government Departments: Loans
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government, further to the reply by Viscount Younger of Leckie on 13 December (HL Deb, cols 1552–4), whether any Government body, other than the Student Loans Company, provides loans on which interest is charged at six per cent or more per annum.
tabling member printed	Lord Morris of Aberavon
uin	HL4322
answer	answer is ministerial correction date of answer 05/01/2018 answer text <p>The Government has issued many loans over the years and interest rates have varied considerably over time. Given this, details of all loans issued and the rates applied are not held centrally by HM Treasury.</p> answering member printed Lord Bates question first answered 05/01/2018 13:05:17 answering member 1091 label Biography information for Lord Bates
tabling member	565 label Biography information for Lord Morris of Aberavon

455161

registered interest
date	25/02/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Bank Cards: EU Law
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government which particular EU directive or regulation has led to banks, credit companies and stores reviewing their loyalty schemes in order to differentiate between points earned from transactions inside and outside an institution, and how the UK voted when that matter was decided in the Council of Ministers.
tabling member printed	Lord Morris of Aberavon
uin	HL6466
answer	answer is ministerial correction date of answer 11/03/2016 answer text <p>The Government has been determined to tackle the unfair fees being charged to UK businesses for processing card transactions through the Interchange Fee Regulation, which came into force in December 2015. In order to make sure that consumers as well as businesses benefit as a result of the Interchange Fee Regulation, the UK negotiated through the revised Payment Services Directive capping or, in some cases banning completely, the charges that some businesses ask of customers who pay by debit or credit card.</p><p> </p><p>We are aware that some banks and other companies are cutting back on their customer rewards packages to recoup costs they face as a result of the interchange fee caps. However, this is a commercial decision on the part of these companies - not all firms have followed suit.</p> answering member printed Lord O'Neill of Gatley question first answered 11/03/2016 13:49:11 answering member 4536 label Biography information for Lord O'Neill of Gatley
tabling member	565 label Biography information for Lord Morris of Aberavon