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45195

registered interest
date	26/03/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 24 March 2014, Official Report, column 12W, on individual savings accounts and with reference to HM Revenue and Custom's policy paper published on the new ISA and changes to Junior ISA and the Child Trust Fund, what assessment he has made of the consequences for (a) the economy, (b) capital markets and (c) business of a shift in savings portfolio composition away from securities towards cash.
tabling member constituency	Middlesbrough South and East Cleveland
tabling member printed	Tom Blenkinsop
uin	193987
answer	answer is ministerial correction date of answer 10/04/2014 answer text <p>HM TREASURY</p><p> </p><p> </p><p> </p><p>Tom Blenkinsop MP</p><p> </p><p><strong>MIDDLESBOROUGH SOUTH &amp; CLEVELAND EAST</strong></p><p> </p><p>To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 24 March 2014, Official Report, column 12W, on individual savings accounts and with reference to HM Revenue and Custom's policy paper published on the new ISA and changes to Junior ISA and the Child Trust Fund, what assessment he has made of the consequences for (a) the economy, (b) capital markets and (c) business of a shift in savings portfolio composition away from securities towards cash. 193987</p><p> </p><p><strong>DAVID GAUKE</strong></p><p>From 1 July 2014 the overall annual New ISA subscription limit will be increased to £15,000 and can be used for either cash or stocks and shares investments, or any combination of the two, up to this limit. At the same time the annual Junior ISA and Child Trust Fund subscription limits will be increased to £4,000.</p><p> </p><p>These measures were part of a wider Budget packaged aimed at supporting savers. These ISA measures will reduce income tax on savings for people constrained by the current limits, improving incentives to save and increasing real household disposable incomes. Over 6 million people each year are expected to benefit from these increases, including over 5 million adults currently constrained by the cash ISA limit, three quarters of whom are basic rate taxpayers and a third are pensioners.</p><p> </p><p>As HMRC's published Tax Information and Impact Note explains, the increase to real household disposable incomes resulting from the New ISA changes might feed through to higher consumption or savings in the household sector. There may also be a shift in the savings portfolio composition towards cash deposits. At the same time there may be an overall increase in savings invested in securities.</p><p> </p><p>Stocks and shares, and cash offer very different risk and expected return profiles, and the tax treatment will be just one factor affecting investors' choice between them. In 2012-13, the FTSE All-Share Index grew by 5.6 per cent (excluding dividend yield). In contrast bank and building society deposit returns averaged 1.95 per cent.</p><p> </p><p>For individuals who prefer to hold their savings portfolio in stocks and shares rather than cash, the New ISA will provide a significant increase to the amount that can be invested and held within the tax-advantaged ISA wrapper for 2014-15, from £11,880 to £15,000.</p><p> </p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 10/04/2014 12:00:00 answering member 1529 label Biography information for Mr David Gauke
tabling member	4037 label Biography information for Tom Blenkinsop

45247

registered interest
date	26/03/2014
answering body	Department for Education
answering dept id	60
answering dept short name	Education
answering dept sort name	Education
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Education, pursuant to the statement of 13 March 2014, Official Report, columns 427-9, on school funding, what the (a) total and (b) per-pupil funding for each local authority area will be for 2015-16.
tabling member constituency	Middlesbrough South and East Cleveland
tabling member printed	Tom Blenkinsop
uin	193989
answer	answer is ministerial correction date of answer 31/03/2014 answer text <p>I announced on 13 March that in 2015-16, in addition to funding all local authorities at the same cash level per pupil as in 2014-15, we will provide a £350 million boost to the least fairly funded local authorities in the country. We have published a consultation document online, indicating the possible effects of this funding boost on some local authorities:</p><p><a href="https://www.gov.uk/government/consultations/fairer-schools-funding-2015-to-2016" target="_blank">https://www.gov.uk/government/consultations/fairer-schools-funding-2015-to-2016</a></p><p>We will be able to announce final decisions on per pupil funding for each local authority in 2015-16 after we have considered responses to this consultation, which closes on 30 April. We will be then able to announce the total funding for each local authority in 2015-16 once final pupil numbers are confirmed.</p> answering member constituency Yeovil answering member printed Mr David Laws question first answered 31/03/2014 12:00:00 answering member 1473 label Biography information for Mr David Laws
tabling member	4037 label Biography information for Tom Blenkinsop

45349

registered interest
date	26/03/2014
answering body	Ministry of Justice
answering dept id	54
answering dept short name	Justice
answering dept sort name	Justice
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Justice, what recent assessment he has made of the availability of books to prisoners; and if he will make a statement.
tabling member constituency	Middlesbrough South and East Cleveland
tabling member printed	Tom Blenkinsop
uin	193995
answer	answer is ministerial correction date of answer 28/04/2014 answer text <p> </p><p> </p><p>There have been no changes in the availability of books in prisons Every prison has a library, to which every prisoner has access. Up to 12 books may be held by prisoners in their cell at any one time and additional volumes may be stored locally at the prison.</p><p> </p><p>The National Offender Management Service works closely with schemes such as the Shannon Trust Reading Network,which includes peer mentoring.</p> answering member constituency Kenilworth and Southam answering member printed Jeremy Wright question first answered 28/04/2014 12:00:00 answering member 1560 label Biography information for Sir Jeremy Wright previous answer version 3880 answering member constituency Kenilworth and Southam answering member printed Jeremy Wright answering member 1560 label Biography information for Sir Jeremy Wright
tabling member	4037 label Biography information for Tom Blenkinsop

45433

registered interest
date	26/03/2014
answering body	Attorney General
answering dept id	88
answering dept short name	Attorney General
answering dept sort name	Attorney General
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Attorney General, pursuant to the Answer of 24 March 2014, Official Report, column 40W, how many offences charged under section 14(1) and 22 of the Forgery and Counterfeiting Act 1981 reached a first hearing in magistrates' court in each year since 2008.
tabling member constituency	Middlesbrough South and East Cleveland
tabling member printed	Tom Blenkinsop
uin	194028
answer	answer is ministerial correction date of answer 01/04/2014 answer text <p>The number of offences charged under section 14(1) and 22 of the Forgery and Counterfeiting Act 1981 that reached a first hearing in magistrates' courts in each year since 2008 are:</p><p> </p><table><tbody><tr><td> </td><td><p><strong>Make a counterfeit of a </strong></p><p><strong>protected coin with intent</strong></p></td><td><p><strong>Make a counterfeit of a </strong></p><p><strong>currency note with intent</strong></p></td><td><p> </p><p><strong>Total</strong></p></td></tr><tr><td><p><strong>2008</strong></p></td><td><p>2</p></td><td><p>22</p></td><td><p>24</p></td></tr><tr><td><p><strong>2009</strong></p></td><td><p>0</p></td><td><p>4</p></td><td><p>4</p></td></tr><tr><td><p><strong>2010</strong></p></td><td><p>0</p></td><td><p>4</p></td><td><p>4</p></td></tr><tr><td><p><strong>2011</strong></p></td><td><p>3</p></td><td><p>17</p></td><td><p>20</p></td></tr><tr><td><p><strong>2012</strong></p></td><td><p>2</p></td><td><p>12</p></td><td><p>14</p></td></tr><tr><td><p><strong>2013</strong></p></td><td><p>2</p></td><td><p>13</p></td><td><p>15</p></td></tr><tr><td><p><strong>Total</strong></p></td><td><p>9</p></td><td><p>72</p></td><td><p>81</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency North East Hertfordshire answering member printed Oliver Heald question first answered 01/04/2014 12:00:00 answering member 69 label Biography information for Sir Oliver Heald
tabling member	4037 label Biography information for Tom Blenkinsop

45447

registered interest
date	26/03/2014
answering body	Department for Energy and Climate Change
answering dept id	63
answering dept short name	Energy and Climate Change
answering dept sort name	Energy and Climate Change
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy and Climate Change, if he will urge energy providers to offer unconditional price freezes.
tabling member constituency	Middlesbrough South and East Cleveland
tabling member printed	Tom Blenkinsop
uin	194025
answer	answer is ministerial correction date of answer 01/04/2014 answer text <p>Pricing decisions are a matter for energy suppliers. I welcome any steps by suppliers to keep energy bills down.</p> answering member constituency Sevenoaks answering member printed Michael Fallon question first answered 01/04/2014 12:00:00 answering member 88 label Biography information for Sir Michael Fallon
tabling member	4037 label Biography information for Tom Blenkinsop