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1125860

registered interest
date	09/05/2019
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	Airline Insolvency Review
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the response from representatives of the aviation industry to the proposals outlined in the Airline Insolvency Review.
tabling member printed	Lord Taylor of Warwick
uin	HL15650
answer	answer is ministerial correction date of answer 21/05/2019 answer text <p>The Government has not made any assessment of the immediate response from the aviation industry to the Final Report from the independent Airline Insolvency Review, which was published on 9 May 2019.</p><p> </p><p>In the Written Ministerial Statement (HCWS 1546) on the 9 May 2019, the Secretary of State for Transport noted that Government is considering the range of options put forward by the review and will work swiftly to introduce the reforms that are needed to ensure a strong level of consumer protection and value for money for the taxpayer. In doing so the Secretary of State also acknowledged a need to consider the challenges faced by the aviation sector.</p><p> </p><p>The Secretary of State also indicated in the Written Ministerial Statement (HCWS 1546) on the 9 May 2019, that he would welcome views on the independent Airline Insolvency Review recommendations, including those from the aviation industry, as part of the ongoing consultation on Aviation 2050 and is encouraging stakeholders to respond by the 20 June 2019 when the consultation closes.</p><p> </p><p> </p><p> </p> answering member printed Baroness Vere of Norbiton question first answered 21/05/2019 14:13:16 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	1796 label Biography information for Lord Taylor of Warwick

1125515

registered interest
date	08/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of remarks by the chief executive of the Financial Conduct Authority about the impact of a post-Brexit customs union on the UK financial services sector.
tabling member printed	Lord Taylor of Warwick
uin	HL15610
answer	answer is ministerial correction date of answer 21/05/2019 answer text <p>A customs union would eliminate tariff and rules of origin barriers on trade in goods only, as they do not concern trade in services.</p><p><strong> </strong></p><p>The Government’s ambition is to preserve the economic benefits of the most important financial services traded between the UK and the EU, and ensure stable institutional processes for governing the relationship in financial services. This is the best way to protect financial stability and open markets, and is in the interests of businesses and consumers on both sides. This ambition is reflected in the Political Declaration agreed by the UK and the EU in November 2018.</p><p> </p><p>We remain committed to preserving our competitive position in financial services after the UK has left the European Union. Our industry continues to innovate and to move with the times – we have world-leading positions in the markets of the future, including green and sustainable finance, FinTech, and renminbi and rupee products.</p> answering member printed Lord Young of Cookham question first answered 21/05/2019 14:01:00 answering member 57 label Biography information for Lord Young of Cookham
tabling member	1796 label Biography information for Lord Taylor of Warwick

1125516

registered interest
date	08/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	EU Emissions Trading Scheme
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether they intend to replicate the European Trading Scheme carbon emissions tax on companies in the event of a no-deal Brexit.
tabling member printed	Lord Taylor of Warwick
uin	HL15611
answer	answer is ministerial correction date of answer 21/05/2019 answer text <p>In the event that the UK leaves the EU ETS under a No Deal scenario, Government policy remains that we will implement a carbon emissions tax on an interim basis.</p><p>We are discussing with the Commission the implications of our exit from the EU for our future participation in the EU ETS.</p><p>A consultation on long-term carbon pricing once the UK has left the UK has now been launched.</p> answering member printed Lord Young of Cookham question first answered 21/05/2019 14:02:51 answering member 57 label Biography information for Lord Young of Cookham
tabling member	1796 label Biography information for Lord Taylor of Warwick