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1720004
registered interest false more like this
date less than 2024-05-22more like thismore than 2024-05-22
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 remove filter
hansard heading Cost of Living more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what steps they are taking to (1) address, and (2) mitigate, the ongoing increased cost-of-living. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL4882 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-24more like thismore than 2024-05-24
answer text <p>Over the last two years, the government has provided support to households to help with the cost of living worth over £90 billion.</p><p> </p><p>This year, this government has raised working age benefits by 6.7%, supporting 5.5 million households on Universal Credit, with an average gain of £470 this year. The government has also frozen fuel duty and raised the Local Housing Allowance rates to the 30<sup>th</sup> percentile of local market rates.</p><p> </p><p>The government believes that the best way of boosting living standards is by supporting people into work. The government has introduced other policies that will support over 200,000 additional people into work by 2028/29, according to the independent Office for Budget Responsibility. The government has also raised the National Living Wage (NLW) by 9.8%, ending low hourly pay for those on the NLW.</p> more like this
answering member printed Baroness Vere of Norbiton more like this
question first answered
less than 2024-05-24T11:49:33.873Zmore like thismore than 2024-05-24T11:49:33.873Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this
1720006
registered interest false more like this
date less than 2024-05-22more like thismore than 2024-05-22
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 remove filter
hansard heading Tourism: VAT more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what assessment they have made of the negative impacts that the removal of tax-free shopping from the UK has had and will have for retail businesses across all sectors. more like this
tabling member printed
Viscount Waverley more like this
uin HL4884 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-24more like thismore than 2024-05-24
answer text <p>As set out at Spring Budget 2024, the government is considering the findings of the Office for Budget Responsibility’s review of the original costing of the withdrawal of tax-free shopping, published in the Economic and Fiscal Outlook on 6 March, alongside industry representations and broader data.</p> more like this
answering member printed Baroness Vere of Norbiton more like this
question first answered
less than 2024-05-24T11:42:57.907Zmore like thismore than 2024-05-24T11:42:57.907Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
1744
label Biography information for Viscount Waverley more like this
1719602
registered interest false more like this
date less than 2024-05-21more like thismore than 2024-05-21
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 remove filter
hansard heading Childcare: Northern Ireland more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, how many families have taken up tax free childcare allowances in Northern Ireland in each of the last five years. more like this
tabling member constituency East Antrim more like this
tabling member printed
Sammy Wilson more like this
uin 27315 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-24more like thismore than 2024-05-24
answer text <p>Statistics relating to Tax-Free childcare account usage are published quarterly in &quot;Tax-Free Childcare Statistics&quot; on the gov.uk website.</p><p>The current estimated number of families in the UK that are eligible for Tax-Free Childcare is 1.2 million. As this is an estimate, it is not possible to give an exact number of the number of eligible families not using Tax-Free Childcare.</p> more like this
answering member constituency Sevenoaks more like this
answering member printed Laura Trott more like this
grouped question UIN 27316 more like this
question first answered
less than 2024-05-24T09:59:53.76Zmore like thismore than 2024-05-24T09:59:53.76Z
answering member
4780
label Biography information for Laura Trott more like this
tabling member
1593
label Biography information for Sammy Wilson more like this
1719603
registered interest false more like this
date less than 2024-05-21more like thismore than 2024-05-21
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 remove filter
hansard heading Childcare: Tax Allowances more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, how many and what proportion of families eligible for tax free credits have not taken up their entitlement for tax free childcare in each of the last 5 years. more like this
tabling member constituency East Antrim more like this
tabling member printed
Sammy Wilson more like this
uin 27316 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-24more like thismore than 2024-05-24
answer text <p>Statistics relating to Tax-Free childcare account usage are published quarterly in &quot;Tax-Free Childcare Statistics&quot; on the gov.uk website.</p><p>The current estimated number of families in the UK that are eligible for Tax-Free Childcare is 1.2 million. As this is an estimate, it is not possible to give an exact number of the number of eligible families not using Tax-Free Childcare.</p> more like this
answering member constituency Sevenoaks more like this
answering member printed Laura Trott more like this
grouped question UIN 27315 more like this
question first answered
less than 2024-05-24T09:59:53.807Zmore like thismore than 2024-05-24T09:59:53.807Z
answering member
4780
label Biography information for Laura Trott more like this
tabling member
1593
label Biography information for Sammy Wilson more like this
1719604
registered interest false more like this
date less than 2024-05-21more like thismore than 2024-05-21
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 remove filter
hansard heading Childcare: Northern Ireland more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what steps he is taking to help ensure that parents who are eligible for tax free childcare in Northern Ireland access that support. more like this
tabling member constituency East Antrim more like this
tabling member printed
Sammy Wilson more like this
uin 27317 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-24more like thismore than 2024-05-24
answer text <p>Tax-Free Childcare provides financial support across the UK to eligible working parents with their childcare costs. For every £8 parents pay into their childcare account, the Government adds £2, up to a maximum of £2,000 in top up per year for each child up to age 11, and up to £4,000 per disabled child up to the age of 16.</p><p> </p><p>To further support parents and childcare providers, a series of engagement events took place from autumn 2022 to autumn 2023, including with Northern Ireland local councils. This gave families and childcare providers additional support at local levels to improve their understanding and promote the scheme.</p><p> </p><p>The <a href="https://www.childcarechoices.gov.uk/" target="_blank">Childcare Choices</a> website provides information on what’s available to help parents with their childcare costs, including what schemes are available in the devolved Nations.</p> more like this
answering member constituency Sevenoaks more like this
answering member printed Laura Trott more like this
question first answered
less than 2024-05-24T10:04:58.197Zmore like thismore than 2024-05-24T10:04:58.197Z
answering member
4780
label Biography information for Laura Trott more like this
tabling member
1593
label Biography information for Sammy Wilson more like this
1719738
registered interest false more like this
date less than 2024-05-21more like thismore than 2024-05-21
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 remove filter
hansard heading Financial Conduct Authority more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of the Financial Conduct Authority's (FCA) proposals to publicly announce the names of firms and/or individuals at the commencement of enforcement investigations on the (a) commercial value of firms, (b) career prospects of individuals who are named and (c) overall competitiveness of the UK’s (i) financial and related professional services industries and (ii) wider economy; and if he will make an assessment of the compatibility of that proposal with the FCA’s secondary objective to consider international competitiveness and economic growth. more like this
tabling member constituency Wimbledon more like this
tabling member printed
Stephen Hammond more like this
uin 27312 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-24more like thismore than 2024-05-24
answer text <p>I recognise that many in the financial services sector have concerns about the Financial Conduct Authority’s (FCA) proposed changes to its approach to enforcement.</p><p>This is why the Chancellor and I have been clear that we believe the FCA should reconsider its proposals, in light of responses to its consultation, and considering its new growth and competitiveness objective. The competitiveness of the UK’s world-leading financial services sector is one of the Government’s top priorities.</p><p>The legislative framework provides for the FCA to be operationally independent from the government. The independence of the FCA is vital to its role. The Government respects this operational independence, but takes holding it to account very seriously.</p><p>The specific concerns you have raised are a matter for the FCA, as the operationally independent regulator. The FCA will respond to the Honourable Member by letter on this matter, and a copy of the letter will be placed in the Library of the House of Commons.</p><p>The purpose of any consultation is to allow the regulators to test their proposals and understand their potential impact. It is therefore appropriate to suggest that the FCA reconsider its proposals in light of the feedback received. The Government will continue to engage closely with stakeholders, and with the FCA as they consider next steps.</p>
answering member constituency Hitchin and Harpenden more like this
answering member printed Bim Afolami more like this
question first answered
less than 2024-05-24T08:59:59.44Zmore like thismore than 2024-05-24T08:59:59.44Z
answering member
4639
label Biography information for Bim Afolami more like this
tabling member
1585
label Biography information for Stephen Hammond more like this
1719882
registered interest false more like this
date less than 2024-05-21more like thismore than 2024-05-21
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 remove filter
hansard heading Defence: Finance more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government whether their commitment to spend 2.5 per cent of gross domestic product on defence by 2030 has been incorporated into the Treasury’s baseline budgets. more like this
tabling member printed
Baroness Anderson of Stoke-on-Trent more like this
uin HL4805 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-24more like thismore than 2024-05-24
answer text <p>The Prime Minister recently set out our pledge: to increase defence spending to 2.5% of GDP by 2030. That increase starts immediately, rising each year, and will see defence spending rise to £87 billion a year by 2030/31. This is the biggest strengthening of our defence since the Cold War.</p><p>The commitment will be fully funded, with no increases in borrowing or debt.</p> more like this
answering member printed Baroness Vere of Norbiton more like this
question first answered
less than 2024-05-24T11:45:12.4Zmore like thismore than 2024-05-24T11:45:12.4Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
4508
label Biography information for Baroness Anderson of Stoke-on-Trent more like this
1719921
registered interest false more like this
date less than 2024-05-21more like thismore than 2024-05-21
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 remove filter
hansard heading Public Expenditure more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government how much each Government department has under-spent against their (1) capital, and (2) current expenditure, budgets. more like this
tabling member printed
Lord Wigley more like this
uin HL4843 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-24more like thismore than 2024-05-24
answer text <p>Resource and Capital Departmental Expenditure Limits (DEL) are published in Supplementary Estimates towards the end of each financial year. Treasury then publishes final outturn figures for Resource and Capital DEL usually in July.</p> more like this
answering member printed Baroness Vere of Norbiton more like this
question first answered
less than 2024-05-24T11:48:13.19Zmore like thismore than 2024-05-24T11:48:13.19Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
547
label Biography information for Lord Wigley more like this
1719190
registered interest false more like this
date less than 2024-05-20more like thismore than 2024-05-20
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 remove filter
hansard heading Mortgages: Interest Rates more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government, in the light of the fluctuations in mortgage rates, what steps they are taking to ensure guidance and support is available to help homebuyers when deciding their mortgage options. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL4797 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-24more like thismore than 2024-05-24
answer text <p>Those looking to take out a mortgage or remortgage are encouraged to shop around and speak to a broker to find the best possible product for them. Homeowners and prospective homeowners may also find it helpful to contact MoneyHelper, which has been set up by the Government to support consumers with comprehensive guidance for every stage of their financial lives.</p><p> </p> more like this
answering member printed Baroness Vere of Norbiton more like this
question first answered
less than 2024-05-24T11:45:59.347Zmore like thismore than 2024-05-24T11:45:59.347Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this
1719233
registered interest false more like this
date less than 2024-05-20more like thismore than 2024-05-20
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 remove filter
hansard heading Treasury: Opposition more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, how many hours have been spent by his Department's staff on costing the policies of HM Opposition since 1 January 2024. more like this
tabling member constituency Birmingham, Edgbaston more like this
tabling member printed
Preet Kaur Gill more like this
uin 27121 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-23more like thismore than 2024-05-23
answer text <p>The Treasury does not record information relating to the allocation of staff time to specific tasks such as opposition costings. However, all work undertaken by HM Treasury staff (or officials from other departments) on opposition costings was completed in line with the guidance on ‘Costing the policies of Opposition parties’ set out in the Directory of Civil Service Guidance. Final versions of the costing documents produced by Civil Servants have also been published online at https://www.gov.uk/government/publications/opposition-policy-costings-2024.</p> more like this
answering member constituency Grantham and Stamford more like this
answering member printed Gareth Davies more like this
question first answered
less than 2024-05-23T16:53:36.383Zmore like thismore than 2024-05-23T16:53:36.383Z
answering member
4850
label Biography information for Gareth Davies more like this
tabling member
4603
label Biography information for Preet Kaur Gill more like this