Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

1696329

registered interest
date	14/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Insurance: British Nationals Abroad
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what is their current target time for processing (1) online, and (2) postal, applications for certificates confirming payment of UK National Insurance when working temporarily abroad ("A1 Forms"), and when they expect to achieve these target times.
tabling member printed	The Earl of Clancarty
uin	HL3275
answer	answer is ministerial correction date of answer 21/03/2024 answer text <p>HMRC’s Service Level Standards (SLA) for responding to A1 certificate applications are 15 working days, where received through the online application forms, and 40 working days, where received by post.</p><p>HMRC has implemented measures to bring processing back within the SLA by the end of April 2024.</p> answering member printed Baroness Vere of Norbiton question first answered 21/03/2024 12:34:21 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	3391 label Biography information for The Earl of Clancarty

1696335

registered interest
date	14/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Windsor Framework: Finance
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government whether recurring financial provision will be made to implement the Windsor Framework; and, if so, what quantum they are expecting.
tabling member printed	Lord Empey
uin	HL3281
answer	answer is ministerial correction date of answer 27/03/2024 answer text <p>As set out in the Statement of Funding Policy, the UK Government will fund the direct costs associated with reaching the required level of compliance to implement the UK Government’s obligations under the Windsor Framework. Funding will continue to be provided to the Northern Ireland Executive for this purpose through the Estimates process.</p> answering member printed Baroness Vere of Norbiton question first answered 27/03/2024 12:59:39 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	4216 label Biography information for Lord Empey

1696344

registered interest
date	14/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Revenue and Customs: Telephone Services
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what is the (1) median, and (2) upper decile, wait time for His Majesty's Revenue and Customs to answer telephone calls.
tabling member printed	Lord Lipsey
uin	HL3290
answer	answer is ministerial correction date of answer 21/03/2024 answer text <p>HMRC does not report on the median or upper decile wait times for telephone calls. However, HMRC publishes data on the average speed of answer for customer calls and the percentage of calls where the customer waited more than 10 minutes.</p><p><br>This information can be found at the following link:</p><p><a href="https://www.gov.uk/government/collections/hmrc-monthly-performance-reports#reporting-year-2023-to-2024" target="_blank">https://www.gov.uk/government/collections/hmrc-monthly-performance-reports#reporting-year-2023-to-2024</a></p> answering member printed Baroness Vere of Norbiton question first answered 21/03/2024 12:34:09 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	2492 label Biography information for Lord Lipsey

1696357

registered interest
date	14/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Payments: Regulation
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government, following the publication of the draft Payment Services (Amendment) Regulations 2024, what steps they are taking to introduce legal safeguards to protect consumer rights and ensure transparency in the process of delaying payments for further investigation.
tabling member printed	Lord Taylor of Warwick
uin	HL3303
answer	answer is ministerial correction date of answer 27/03/2024 answer text <p>The government takes the issue of fraud very seriously and is dedicated to protecting the public from this devastating crime.</p><p>The government has published draft legislation that allows the sending of payments to be delayed where there are reasonable grounds to suspect fraud or dishonesty, and more time is needed to contact the customer or relevant third parties.</p><p>Subject to some exceptions to ensure Payment Service Providers (PSPs) meet other legal obligations, for example around tackling financial crime, PSPs will be obliged to inform the customer, set out the reasoning behind a delay, and what information or actions are needed to enable the PSP to decide whether to execute the payment.</p><p>The government intends to introduce this legislation in summer 2024 and, subject to Parliamentary approval, for it to come into force on 7 October 2024.</p> answering member printed Baroness Vere of Norbiton question first answered 27/03/2024 11:34:25 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	1796 label Biography information for Lord Taylor of Warwick

1695958

registered interest
date	13/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	UK Internal Trade: Northern Ireland
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government how many checks took place on goods moving between Great Britain to Northern Ireland via the UK Internal Market Scheme between 1 February and 10 March.
tabling member printed	Baroness Hoey
uin	HL3243
answer	answer is ministerial correction date of answer 22/03/2024 answer text <p>Full information on the goods moved under the UK Internal Market scheme between 1 February and 10 March 2024 is not currently available. The UK Internal Market Scheme is currently live with over 7700 businesses in the scheme as of 11 March 2024, which includes over 3000 new businesses that did not benefit from the previous UK Trader Scheme.</p> answering member printed Baroness Vere of Norbiton question first answered 22/03/2024 13:07:04 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	210 label Biography information for Baroness Hoey

1695974

registered interest
date	13/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	EU Budget: Contributions
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government, further to the answer by Lord Cameron of Chipping Norton on 12 March (HL Deb col 1905), how much money the United Kingdom pays to the European Union annually; on what that money is spent; and what plans they have, and to what timescale, for its reduction.
tabling member printed	Lord Pearson of Rannoch
uin	HL3259
answer	answer is ministerial correction date of answer 27/03/2024 answer text <p>Details of how much money the UK has paid the EU under the Withdrawal Agreement, its purposes, forecasts of future payments and timings are set out in the annual European Union Finances Statement. The most recent version covers payments made in 2023 and is available in the library of the House and on Gov.uk.</p> answering member printed Baroness Vere of Norbiton question first answered 27/03/2024 13:46:29 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	3153 label Biography information for Lord Pearson of Rannoch

1695976

registered interest
date	13/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank of England
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what, if any, statutory powers they have to issue binding directions to the Bank of England; and on how many occasions in each year since 2007 they have been exercised.
tabling member printed	Lord Sharkey
uin	HL3261
answer	answer is ministerial correction date of answer 27/03/2024 answer text <p>The Treasury has statutory powers to issue directions to the Bank of England, which can only be used under specific conditions or circumstances. None of the powers outlined below have ever been used.</p><p> </p><ul><li>Under section 4 of the Bank of England Act 1946, the Treasury may direct the Bank, after consultation with the Governor, to action that is deemed to be necessary in the public interest. This power of direction applies to all of the Bank’s activities, with the exception of monetary policy and the exercise of the Bank’s functions as the Prudential Regulation Authority (PRA).</li></ul><p> </p><ul><li>Under section 19 of the Bank of England Act 1998, the Treasury may by order, after consultation with the Governor, direct the Bank with respect to monetary policy if it is deemed to be in the public interest and required by extreme economic circumstances.</li></ul><p> </p><ul><li>Under section 410 of the Financial Services and Markets Act 2000, the Treasury may direct the PRA and the Bank to not take an action that would be incompatible with the UK’s international obligations.</li></ul><p> </p><ul><li>Under Section 61 of the Financial Services Act 2012, the Treasury may direct the Bank on specific measures relating to the assistance to or stabilisation of financial institutions.</li></ul><p> </p><p> </p><p>The Bank of England also has powers to direct the Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR).</p><p> </p><ul><li>Under section 9H of the Bank of England Act 1998, the Bank of England’s Financial Policy Committee (FPC) has powers of direction over the PRA and FCA (limited to the use of specific macroprudential tools). To date, the FPC has only ever used this power to implement the Leverage Ratio.</li></ul><p> </p><ul><li>Under sections 9Y and 9Z of the Bank of England Act 1998, the Bank may direct the FCA to provide documents or information that the Bank reasonably requires for its financial stability functions. This power has never been used.</li></ul><p> </p><ul><li>Under section 100 of the Financial Services (Banking Reform) Act 2013, the Bank has the power to direct the PSR not to exercise its powers, under specific circumstances. This power has never been used.</li></ul><p> </p> answering member printed Baroness Vere of Norbiton grouped question UIN HL3262 question first answered 27/03/2024 11:34:54 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	4196 label Biography information for Lord Sharkey

1695977

registered interest
date	13/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank of England
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what, if any, statutory powers the Bank of England has to issue binding directions to (1) the Prudential Regulation Authority, (2) the Financial Conduct Authority, and (3) the Payment Systems Regulator; and on how many occasions in each year since 2007 they have been exercised.
tabling member printed	Lord Sharkey
uin	HL3262
answer	answer is ministerial correction date of answer 27/03/2024 answer text <p>The Treasury has statutory powers to issue directions to the Bank of England, which can only be used under specific conditions or circumstances. None of the powers outlined below have ever been used.</p><p> </p><ul><li>Under section 4 of the Bank of England Act 1946, the Treasury may direct the Bank, after consultation with the Governor, to action that is deemed to be necessary in the public interest. This power of direction applies to all of the Bank’s activities, with the exception of monetary policy and the exercise of the Bank’s functions as the Prudential Regulation Authority (PRA).</li></ul><p> </p><ul><li>Under section 19 of the Bank of England Act 1998, the Treasury may by order, after consultation with the Governor, direct the Bank with respect to monetary policy if it is deemed to be in the public interest and required by extreme economic circumstances.</li></ul><p> </p><ul><li>Under section 410 of the Financial Services and Markets Act 2000, the Treasury may direct the PRA and the Bank to not take an action that would be incompatible with the UK’s international obligations.</li></ul><p> </p><ul><li>Under Section 61 of the Financial Services Act 2012, the Treasury may direct the Bank on specific measures relating to the assistance to or stabilisation of financial institutions.</li></ul><p> </p><p> </p><p>The Bank of England also has powers to direct the Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR).</p><p> </p><ul><li>Under section 9H of the Bank of England Act 1998, the Bank of England’s Financial Policy Committee (FPC) has powers of direction over the PRA and FCA (limited to the use of specific macroprudential tools). To date, the FPC has only ever used this power to implement the Leverage Ratio.</li></ul><p> </p><ul><li>Under sections 9Y and 9Z of the Bank of England Act 1998, the Bank may direct the FCA to provide documents or information that the Bank reasonably requires for its financial stability functions. This power has never been used.</li></ul><p> </p><ul><li>Under section 100 of the Financial Services (Banking Reform) Act 2013, the Bank has the power to direct the PSR not to exercise its powers, under specific circumstances. This power has never been used.</li></ul><p> </p> answering member printed Baroness Vere of Norbiton grouped question UIN HL3261 question first answered 27/03/2024 11:34:54 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	4196 label Biography information for Lord Sharkey

1695979

registered interest
date	13/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pay
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 impact of slowing wage growth on household finances and consumer spending; and what steps they are taking to mitigate any negative impact.
tabling member printed	Lord Taylor of Warwick
uin	HL3264
answer	answer is ministerial correction date of answer 27/03/2024 answer text <p>Real wages have increased for seven consecutive months and are 1.1% above their pre-pandemic level.</p><p>ONS retail sales volumes increased by 3.4% on the month in January, representing a full recovery of the decline seen in December 2023.</p> answering member printed Baroness Vere of Norbiton question first answered 27/03/2024 11:35:26 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	1796 label Biography information for Lord Taylor of Warwick

1695553

registered interest
date	12/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: Carbon Emissions
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 role of the financial sector, including the pension sector, in decarbonising the UK economy while safeguarding investors' interests.
tabling member printed	Baroness Drake
uin	HL3203
answer	answer is ministerial correction date of answer 25/03/2024 answer text <p>The Government recognises crucial role of the financial sector in decarbonising the economy, whilst safeguarding investors.</p><p> </p><p>As set out in The Green Finance Strategy in March 2023, the Department of Work and Pensions have committed to hold a series of stakeholder roundtables on this matter, planned for this Spring.</p><p> </p><p>The Financial Reporting Council have also committed to undertake a fundamental review of the UK Stewardship Code 2020.</p> answering member printed Baroness Vere of Norbiton question first answered 25/03/2024 17:37:14 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	4155 label Biography information for Baroness Drake