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1050842
registered interest false more like this
date less than 2019-01-29more like thismore than 2019-01-29
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 more like this
hansard heading Banks more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what assessment they have made of the impact on the banking industry of jobs being moved out of the UK due to Brexit uncertainty. more like this
tabling member printed
Lord Taylor of Warwick remove filter
uin HL13261 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-02-12more like thismore than 2019-02-12
answer text <p>The Treasury is in frequent contact with firms and regulators regarding their contingency planning for EU exit. Over time there has been a gradual reduction in the number of jobs expected to move to the EU for “day one” at the end of March 2019. Sam Woods, the Deputy Governor of the Bank of England said in July that just under 5,000 financial services jobs are likely to move by “day one”.</p><p>Further job movements will depend on factors including the actions of European regulators, market conditions, and of course, the structure of the future relationship with the EU which will be based on the Political Declaration and negotiated during the implementation period.</p><p>We remain committed to preserving our competitive position in financial services after the UK has left the European Union and leaving the EU with a deal remains the Government’s top priority. An Implementation Period is the most effective approach to ensuring a smooth and orderly exit from the EU. That is why it is so important that we redouble our efforts to reach a negotiated deal that Parliament can support.</p><p>The Government’s long-term economic analysis of EU exit, published in November 2018, sets out the impact of the UK’s White Paper position on the financial services sector.</p>
answering member printed Lord Bates more like this
question first answered
less than 2019-02-12T12:12:48.46Zmore like thismore than 2019-02-12T12:12:48.46Z
answering member
1091
label Biography information for Lord Bates more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this
1050843
registered interest false more like this
date less than 2019-01-29more like thismore than 2019-01-29
answering body
Cabinet Office more like this
answering dept id 53 more like this
answering dept short name Cabinet Office more like this
answering dept sort name Cabinet Office more like this
hansard heading Freedom of Information more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether they intend to extend the scope of freedom of information laws to include bodies in the private sector that provide public services. more like this
tabling member printed
Lord Taylor of Warwick remove filter
uin HL13262 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-02-05more like thismore than 2019-02-05
answer text <p>The Government has already introduced a range of measures to increase transparency in public sector contracts and is publishing more data than ever before. At present, the Government has no plans to legislate in this area.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-02-05T12:33:14.377Zmore like thismore than 2019-02-05T12:33:14.377Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this
1050844
registered interest false more like this
date less than 2019-01-29more like thismore than 2019-01-29
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade more like this
hansard heading Arms Trade more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what assessment they have made of potential trading opportunities in the defence sector with non-European countries after Brexit. more like this
tabling member printed
Lord Taylor of Warwick remove filter
uin HL13263 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-02-12more like thismore than 2019-02-12
answer text <p>The Department for International Trade’s Defence and Security Organisation (DIT DSO) regularly pursues export and investment opportunities in the defence sector with non-European countries as part of its role helping the UK defence and security industries to export and will continue to do so after Brexit.</p><p> </p><p>On a rolling 10-year basis, the UK remains the second largest global defence exporter. In 2017, the UK won defence orders worth £9 billion. The UK share of the global defence export market was estimated at 12% in 2017.</p><p> </p><p>Recent success in defence contracts won, such as Australia’s selection of the Type 26 Global Combat Ship for its Future Frigates programme, highlight the UK’s world-leading ability to deliver cutting edge capability whilst supporting thousands of jobs and contributing to national prosperity.</p><p> </p><p>The UK will continue to be one of the most successful defence and security exporting countries backed by a government that continues to support defence and security exports but rightly has one of the most robust export licensing regimes. In 2019 the UK will again host Defence and Security Equipment International (DSEI) to support this success.</p><p> </p>
answering member printed Baroness Fairhead more like this
question first answered
less than 2019-02-12T14:27:54.727Zmore like thismore than 2019-02-12T14:27:54.727Z
answering member
4690
label Biography information for Baroness Fairhead more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this
1050845
registered interest false more like this
date less than 2019-01-29more like thismore than 2019-01-29
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 more like this
hansard heading Investment more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what steps they are taking to reassure investors following warnings of challenging market conditions due to Brexit uncertainty. more like this
tabling member printed
Lord Taylor of Warwick remove filter
uin HL13264 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-02-12more like thismore than 2019-02-12
answer text <p>The Government has been clear that the best way to ensure certainty for all in the UK, including investors, is to leave the EU with a deal. The Government’s analysis illustrated that the spectrum of outcomes for the future UK-EU relationship in the Political Declaration would deliver significantly higher economic output than the no deal scenario.</p><p><strong> </strong></p><p>This is why the Prime Minister is now seeking legally binding changes to the Withdrawal Agreement that deal with MP’s concerns. While the Government is taking responsible steps to prepare for all scenarios, including ‘no deal’, we are confident we can secure a majority in Parliament for leaving the EU with a deal.</p> more like this
answering member printed Lord Bates more like this
question first answered
less than 2019-02-12T12:11:41.237Zmore like thismore than 2019-02-12T12:11:41.237Z
answering member
1091
label Biography information for Lord Bates more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this