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91856
registered interest false more like this
date less than 2014-09-26more like thismore than 2014-09-26
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
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 Her Majesty’s Government, according to the latest figures, what is the difference between the average public expenditure per head in Scotland and in England; and whether that figure has increased since the Select Committee on the Barnett Formula published its report in 2009. more like this
tabling member printed
Lord Barnett remove filter
uin HL1914 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-10-13more like thismore than 2014-10-13
answer text <p>Data on public expenditure per head in Scotland and England since 2008-09 can be found in the following table.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><table><tbody><tr><td colspan="11"><p>Table 9.2 Total identifiable expenditure on services by country and region, per head 2008-09 to 2012-13</p></td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td><p>£ per head</p></td><td> </td><td> </td><td> </td><td> </td><td><p>Index (UK identifiable expenditure = 100)</p></td></tr><tr><td> </td><td colspan="5"><p>National Statistics</p></td><td colspan="5"><p>National Statistics</p></td></tr><tr><td> </td><td><p>2008-09<br> outturn</p></td><td><p>2009-10<br> outturn</p></td><td><p>2010-11<br> outturn</p></td><td><p>2011-12<br> outturn</p></td><td><p>2012-13<br> outturn</p></td><td><p>2008-09<br> outturn</p></td><td><p>2009-10<br> outturn</p></td><td><p>2010-11<br> outturn</p></td><td><p>2011-12<br> outturn</p></td><td><p>2012-13<br> outturn</p></td></tr><tr><td><p>North East</p></td><td><p>8,930</p></td><td><p>9,547</p></td><td><p>9,583</p></td><td><p>9,189</p></td><td><p>9,419</p></td><td><p>110</p></td><td><p>110</p></td><td><p>110</p></td><td><p>106</p></td><td><p>107</p></td></tr><tr><td><p>North West</p></td><td><p>8,551</p></td><td><p>9,122</p></td><td><p>9,171</p></td><td><p>9,003</p></td><td><p>9,252</p></td><td><p>105</p></td><td><p>105</p></td><td><p>105</p></td><td><p>104</p></td><td><p>105</p></td></tr><tr><td><p>Yorkshire and the Humber</p></td><td><p>7,889</p></td><td><p>8,470</p></td><td><p>8,490</p></td><td><p>8,467</p></td><td><p>8,610</p></td><td><p>97</p></td><td><p>97</p></td><td><p>97</p></td><td><p>98</p></td><td><p>98</p></td></tr><tr><td><p>East Midlands</p></td><td><p>7,385</p></td><td><p>7,964</p></td><td><p>7,970</p></td><td><p>7,937</p></td><td><p>8,118</p></td><td><p>91</p></td><td><p>91</p></td><td><p>91</p></td><td><p>92</p></td><td><p>92</p></td></tr><tr><td><p>West Midlands</p></td><td><p>7,972</p></td><td><p>8,446</p></td><td><p>8,437</p></td><td><p>8,356</p></td><td><p>8,498</p></td><td><p>98</p></td><td><p>97</p></td><td><p>97</p></td><td><p>97</p></td><td><p>97</p></td></tr><tr><td><p>East</p></td><td><p>7,116</p></td><td><p>7,808</p></td><td><p>7,830</p></td><td><p>7,689</p></td><td><p>7,865</p></td><td><p>87</p></td><td><p>90</p></td><td><p>90</p></td><td><p>89</p></td><td><p>89</p></td></tr><tr><td><p>London</p></td><td><p>9,097</p></td><td><p>9,876</p></td><td><p>9,809</p></td><td><p>9,439</p></td><td><p>9,435</p></td><td><p>112</p></td><td><p>113</p></td><td><p>112</p></td><td><p>109</p></td><td><p>107</p></td></tr><tr><td><p>South East</p></td><td><p>7,070</p></td><td><p>7,514</p></td><td><p>7,554</p></td><td><p>7,440</p></td><td><p>7,638</p></td><td><p>87</p></td><td><p>86</p></td><td><p>86</p></td><td><p>86</p></td><td><p>87</p></td></tr><tr><td><p>South West</p></td><td><p>7,413</p></td><td><p>7,956</p></td><td><p>7,956</p></td><td><p>8,013</p></td><td><p>8,219</p></td><td><p>91</p></td><td><p>91</p></td><td><p>91</p></td><td><p>93</p></td><td><p>94</p></td></tr><tr><td><p>England</p></td><td><p>7,911</p></td><td><p>8,498</p></td><td><p>8,508</p></td><td><p>8,368</p></td><td><p>8,529</p></td><td><p>97</p></td><td><p>97</p></td><td><p>97</p></td><td><p>97</p></td><td><p>97</p></td></tr><tr><td><p>Scotland</p></td><td><p>9,332</p></td><td><p>9,841</p></td><td><p>9,868</p></td><td><p>9,941</p></td><td><p>10,152</p></td><td><p>115</p></td><td><p>113</p></td><td><p>113</p></td><td><p>115</p></td><td><p>116</p></td></tr><tr><td><p>Wales</p></td><td><p>8,955</p></td><td><p>9,504</p></td><td><p>9,612</p></td><td><p>9,710</p></td><td><p>9,709</p></td><td><p>110</p></td><td><p>109</p></td><td><p>110</p></td><td><p>113</p></td><td><p>110</p></td></tr><tr><td><p>Northern Ireland</p></td><td><p>9,996</p></td><td><p>10,506</p></td><td><p>10,572</p></td><td><p>10,665</p></td><td><p>10,876</p></td><td><p>123</p></td><td><p>121</p></td><td><p>121</p></td><td><p>124</p></td><td><p>124</p></td></tr><tr><td><p>UK identifiable expenditure</p></td><td><p>8,142</p></td><td><p>8,718</p></td><td><p>8,735</p></td><td><p>8,631</p></td><td><p>8,788</p></td><td><p>100</p></td><td><p>100</p></td><td><p>100</p></td><td><p>100</p></td><td><p>100</p></td></tr></tbody></table><p> </p><p> </p><p>The information can be found in Table 9.2 in the Public Expenditure Statistical Analyses 2014 document[1].</p><p> </p><p> </p><p> </p><p> </p><p> </p><p>[1] <a href="https://www.gov.uk/government/statistics/public-expenditure-statistical-analyses-2014" target="_blank">https://www.gov.uk/government/statistics/public-expenditure-statistical-analyses-2014</a></p>
answering member printed Lord Deighton more like this
question first answered
less than 2014-10-13T13:29:41.7194729Zmore like thismore than 2014-10-13T13:29:41.7194729Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
1018
label Biography information for Lord Barnett more like this
89933
registered interest false more like this
date less than 2014-09-01more like thismore than 2014-09-01
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Pensions 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 how they propose to maximise the availability of new pension freedoms. more like this
tabling member printed
Lord Barnett remove filter
uin HL1775 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-09-15more like thismore than 2014-09-15
answer text <p>The Government response to the consultation “Freedom and Choice in Pensions”, which was published in July, sets out how the new pension freedoms will be enacted. The Government estimates that up to 18 million people will be able to benefit from the reforms.</p> more like this
answering member printed Lord Deighton more like this
question first answered
less than 2014-09-15T09:45:51.0374014Zmore like thismore than 2014-09-15T09:45:51.0374014Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
1018
label Biography information for Lord Barnett more like this
79659
registered interest false more like this
date less than 2014-07-28more like thismore than 2014-07-28
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Tax Allowances 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, further to the answer by Lord Newby on 9 July (HL Deb, cols 209–11), whether they intend to continue to encourage investments in (1) the alternative investment market, (2) start-up businesses, and (3) forestry, in the light of the tax relief available for such investments. more like this
tabling member printed
Lord Barnett remove filter
uin HL1551 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-08-11more like thismore than 2014-08-11
answer text <p>The government currently offers a range of tax reliefs to encourage investment. These form an important part of the government’s growth strategy and its commitment to make the UK one of the best places to start, finance and grow a business in Europe.</p><p> </p><p> </p><p>To ensure the tax reliefs remain well-targeted, the reliefs are only available where certain conditions are met. The government keeps all these schemes under review to ensure that the reliefs continue to encourage investment in a well-targeted and effective manner.</p> more like this
answering member printed Lord Deighton more like this
question first answered
less than 2014-08-11T12:18:30.3864078Zmore like thismore than 2014-08-11T12:18:30.3864078Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
1018
label Biography information for Lord Barnett more like this
79623
registered interest false more like this
date less than 2014-07-24more like thismore than 2014-07-24
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
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 Her Majesty’s Government what assessment they have made of the recent calculations by the Taxpayers’ Alliance that £120 billion of public funds was wasted last year; and what actions they are taking to ensure that public spending offers value for money. more like this
tabling member printed
Lord Barnett remove filter
uin HL1519 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-08-11more like thismore than 2014-08-11
answer text <p>The Government is committed to maximising value for money in all areas of public spending, and has introduced a programme to drive efficiencies and reduce wasteful expenditure. By 2014-15, departments working with HM Treasury and the Efficiency and Reform Group in the Cabinet Office will be saving £20 billion a year compared to 2009-10. Spending Round 2013 identified over £5 billion additional efficiency savings in 2015-16.</p><p> </p><p> </p><p>The Government sets clear principles and guidance for the management of public resources, including achieving value for money, in Managing Public Money. Ensuring value for money is the personal responsibility of each Accounting Officer. The methods by which civil servants determine the long run value for money of programmes are set out in The Green Book: Appraisal and Evaluation in Central Government.</p> more like this
answering member printed Lord Deighton more like this
question first answered
less than 2014-08-11T12:01:50.2177415Zmore like thismore than 2014-08-11T12:01:50.2177415Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
1018
label Biography information for Lord Barnett more like this
78315
registered interest false more like this
date less than 2014-07-16more like thismore than 2014-07-16
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading 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 Her Majesty’s Government, further to the Written Answer by Lord Deighton on 7 July (WA 12), what representations the Chancellor of the Exchequer made to the Governor of the Bank of England during their most recent discussion on possible increases in interest rates. more like this
tabling member printed
Lord Barnett remove filter
uin HL1205 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-28more like thismore than 2014-07-28
answer text <p>The UK’s monetary policy framework, set out in the Bank of England Act 1998, gives operational responsibility for monetary policy to the independent Monetary Policy Committee (MPC). The Chancellor of the Exchequer has frequent discussions with the Governor of the Bank of England on a wide range of issues on the UK economy.</p> more like this
answering member printed Lord Deighton more like this
question first answered
less than 2014-07-28T11:50:43.0498613Zmore like thismore than 2014-07-28T11:50:43.0498613Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
1018
label Biography information for Lord Barnett more like this
78316
registered interest false more like this
date less than 2014-07-16more like thismore than 2014-07-16
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading North Sea Oil: Taxation 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 Office for Budget Responsibility's revised forecasts of the tax revenues from North Sea oil; what is their estimate of the fiscal implications of those revised forecasts for an independent Scotland; whether they expect tax revenues from North Sea oil to recover; and, if so, when. more like this
tabling member printed
Lord Barnett remove filter
uin HL1206 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-28more like thismore than 2014-07-28
answer text <p>The independent Office for Budget Responsibility (OBR) has set out the basis for its forecasts of oil and gas tax revenues in the Fiscal Sustainability Report. The forecast shows that these tax receipts, as a share of GDP, are set to decline by 84 per cent over the forecast period. The government has not made a separate assessment of these forecasts.</p><p> </p><p>The OBR has not published an assessment of what the fiscal position of a separate Scotland would be. However, other independent experts have estimated that in 2016-17, a separate Scotland would have a deficit (per person) of more than twice that of the UK.</p><p> </p><p>HM Treasury has estimated that each person in Scotland is £1,400 a year better off in the UK. That’s equivalent to around two thirds of the total NHS budget in Scotland, or almost as much as Scotland’s entire education budget.</p><p> </p><p> </p><p>The OBR’s new, lower, oil and gas tax receipts forecast only make a separate Scotland’s fiscal position tougher. In the UK, as part of a larger country, we can pool resources and share risks. This means that public spending in Scotland can remain secure and stable, even as revenues from oil and gas are volatile.</p>
answering member printed Lord Deighton more like this
question first answered
less than 2014-07-28T16:07:21.8355189Zmore like thismore than 2014-07-28T16:07:21.8355189Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
1018
label Biography information for Lord Barnett more like this
78317
registered interest false more like this
date less than 2014-07-16more like thismore than 2014-07-16
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Balance of 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 the Office for National Statistics’ calculation that the United Kingdom trade deficit widened in May, compared with April. more like this
tabling member printed
Lord Barnett remove filter
uin HL1207 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-30more like thismore than 2014-07-30
answer text <p> </p><p>Between April and May 2014, the Office of National Statistics have reported that the total UK trade deficit widened from £2.1bn in April to £2.4bn in May. This £0.4bn<sup>1</sup> increase was driven by a £0.2bn increase in total exports while imports increased more, by £0.6bn. Goods exports increased by £0.1bn while goods imports increased by £0.5bn - more than service exports and imports which both increased by less than £0.1bn.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p>Monthly trade data are often volatile and usually subject to revisions in later months. On a less volatile basis, in 2013 the total trade deficit decreased by £4.9bn to £28.5bn from £33.4bn in 2012. This was driven by a £10.4bn increase in total exports while imports rose by only £5.4bn over the same period.</p><p> </p><p> </p><p>Between April and May 2014, the ONS have reported that the total UK trade deficit widened from £2.1bn in April to £2.4bn in May. This £0.4bn<sup>1</sup> increase was driven by a £0.2bn increase in total exports while imports increased more, by £0.6bn. Goods exports increased by £0.1bn while goods imports increased by £0.5bn - more than service exports and imports which both increased by less than £0.1bn.</p><p> </p><p> </p><p>Monthly trade data are often volatile and usually subject to revisions in later months. On a less volatile basis, in 2013 the total trade deficit decreased by £4.9bn to £28.5bn from £33.4bn in 2012. This was driven by a £10.4bn increase in total exports while imports rose by only £5.4bn over the same period.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p><em>1 The £0.4bn increase is higher than the difference between the two deficits due to rounding.</em></p><p> </p><p> </p>
answering member printed Lord Livingston of Parkhead more like this
question first answered
less than 2014-07-30T16:17:07.986705Zmore like thismore than 2014-07-30T16:17:07.986705Z
answering member
4278
label Biography information for Lord Livingston of Parkhead more like this
tabling member
1018
label Biography information for Lord Barnett more like this
78318
registered interest false more like this
date less than 2014-07-16more like thismore than 2014-07-16
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Exchange Rates 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 of the exchange level of sterling on the United Kingdom’s economic recovery. more like this
tabling member printed
Lord Barnett remove filter
uin HL1208 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-28more like thismore than 2014-07-28
answer text <p>The UK does not have an exchange rate target. The UK’s monetary policy framework, set out in the Bank of England Act 1998, gives operational responsibility for monetary policy to the independent Monetary Policy Committee (MPC). The MPC has the primary objective of maintaining price stability, defined as an inflation target of 2 per cent as measured by the twelve month increase in the Consumer Prices Index. Under the Government’s macroeconomic framework, the exchange rate is allowed to adjust flexibly, and movements in sterling are determined by market forces.</p><p> </p> more like this
answering member printed Lord Deighton more like this
question first answered
less than 2014-07-28T16:07:57.1754496Zmore like thismore than 2014-07-28T16:07:57.1754496Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
1018
label Biography information for Lord Barnett more like this
78319
registered interest false more like this
date less than 2014-07-16more like thismore than 2014-07-16
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Business: Billing 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 current impact of late payments on small and medium-sized enterprises (SMEs); and what steps they are taking to support SMEs to mitigate the impact of late payments. more like this
tabling member printed
Lord Barnett remove filter
uin HL1209 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-28more like thismore than 2014-07-28
answer text <p> </p><p> </p><p> </p><p>The Government considered the impact of late payment on Small and Medium Enterprises in our discussion paper Building a Responsible Payment Culture. As a result we are working with industry to create greater transparency of payment practices and a more responsible payment culture. This will include a statutory requirement, via the Small Business Enterprise and Employment Bill, for large firms to publish their payment practices. In addition, we are committed to working with the Institute for Credit Management and businesses to strengthen the Prompt Payment Code.</p><p> </p><p> </p><p> </p><p> </p><p> </p> more like this
answering member printed Baroness Neville-Rolfe more like this
question first answered
less than 2014-07-28T16:56:25.245607Zmore like thismore than 2014-07-28T16:56:25.245607Z
answering member
4284
label Biography information for Baroness Neville-Rolfe more like this
tabling member
1018
label Biography information for Lord Barnett more like this
64135
registered interest false more like this
date less than 2014-06-25more like thismore than 2014-06-25
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading 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 Her Majesty's Government what discussions the Chancellor of the Exchequer has had with the Governor of the Bank of England on possible increases in interest rates; and what was the outcome of those discussions. more like this
tabling member printed
Lord Barnett remove filter
uin HL639 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-07more like thismore than 2014-07-07
answer text <p>The UK's monetary policy framework, set out in the Bank of England Act 1998, gives operational responsibility for monetary policy to the independent Monetary Policy Committee (MPC). The Chancellor of the Exchequer has frequent discussions with the Governor of the Bank of England on a wide range of issues on the UK economy.</p><p> </p><p> </p> more like this
answering member printed Lord Deighton more like this
question first answered
less than 2014-07-07T11:08:18.6191736Zmore like thismore than 2014-07-07T11:08:18.6191736Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
1018
label Biography information for Lord Barnett more like this