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1012161
star this property registered interest false more like this
unstar this property date less than 2018-11-21more like thismore than 2018-11-21
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Gold and Foreign Exchange Reserves: Venezuela more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of (1) the benefits to the UK of holding gold reserves for the central bank of Venezuela, and (2) the value of gold held by the Bank of England for the central bank of Venezuela; and whether they have a role in intervening if a request is made to repatriate any such gold. more like this
star this property tabling member printed
Viscount Waverley more like this
star this property uin HL11688 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-12-05more like thismore than 2018-12-05
star this property answer text <p>HM Treasury is unable to substantiate whether the Bank of England holds gold for the Central Bank of Venezuela as that is a matter for the Bank of England. HM Treasury has not made an assessment of the benefits to the UK of the Bank of England holding gold reserves for other central banks. Holding gold reserves on behalf of any foreign central bank is a matter for the Bank of England. The Bank of England does not share information on which central banks it holds gold reserves on behalf of or the value of that gold as this would contradict their customer confidentiality obligations.</p> more like this
star this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-12-05T16:54:39.383Zmore like thismore than 2018-12-05T16:54:39.383Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
1744
unstar this property label Biography information for Viscount Waverley more like this
1012162
star this property registered interest false more like this
unstar this property date less than 2018-11-21more like thismore than 2018-11-21
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Gold and Foreign Exchange Reserves more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of (1) the benefits to the UK of holding gold reserves for other central banks, and (2) the value of gold held by the Bank of England for other central banks. more like this
star this property tabling member printed
Viscount Waverley more like this
star this property uin HL11689 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-12-05more like thismore than 2018-12-05
star this property answer text <p>HM Treasury is unable to substantiate whether the Bank of England holds gold for other central banks as that is a matter for the Bank of England. HM Treasury has not made an assessment of the benefits to the UK of the Bank of England holding gold reserves for other central banks. Holding gold reserves on behalf of any foreign central bank is a matter for the Bank of England. The Bank of England does not share information on which central banks it holds gold reserves on behalf of or the value of that gold as this would contradict their customer confidentiality obligations.</p> more like this
star this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-12-05T16:48:15.057Zmore like thismore than 2018-12-05T16:48:15.057Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
1744
unstar this property label Biography information for Viscount Waverley more like this
1012163
star this property registered interest false more like this
unstar this property date less than 2018-11-21more like thismore than 2018-11-21
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Gold and Foreign Exchange Reserves more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government whether they have a role in deciding for which foreign governments and central banks the Bank of England should hold gold reserves; and if so, for which foreign governments and central banks the Bank of England holds gold reserves, and in what quantities. more like this
star this property tabling member printed
Viscount Waverley more like this
star this property uin HL11690 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-12-05more like thismore than 2018-12-05
star this property answer text <p>HM Treasury does not have a role in deciding whether the Bank of England holds gold for foreign governments and central banks. HM Treasury is unable to substantiate whether the Bank of England holds gold for particular foreign governments and central banks as that is a matter for the Bank of England. The Bank of England does not share information on which foreign governments and central banks it holds gold reserves on behalf of or the value of that gold as this would contradict their customer confidentiality obligations.</p> more like this
star this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-12-05T16:55:10.373Zmore like thismore than 2018-12-05T16:55:10.373Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
1744
unstar this property label Biography information for Viscount Waverley more like this
1012545
star this property registered interest false more like this
unstar this property date less than 2018-11-22more like thismore than 2018-11-22
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Gold and Foreign Exchange Reserves: Venezuela more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government whether they will consider a moratorium on any repatriation of gold held by the Bank of England to the government or Central Bank of Venezuela until such time as they are satisfied that any repatriation meets the best interests of the people of that country. more like this
star this property tabling member printed
Viscount Waverley more like this
star this property uin HL11737 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-12-06more like thismore than 2018-12-06
star this property answer text <p>Holding gold reserves on behalf of any foreign central bank is a matter for the Bank of England. The Bank of England does not share information on which central banks it holds gold reserves on behalf of or the value of that gold as this would contradict their customer confidentiality obligations. Repatriation of any gold held at the Bank of England is ultimately a matter for the Bank of England. HM Treasury only has direct control over Government holdings of gold within its official reserves, which are held at the Bank of England.</p><p>The UK fully implements UN, EU and UK domestic sanctions law. The EU sanctions regime on Venezuela, introduced in November 2017, includes targeted asset freezes applied to a number of senior Government officials in the Maduro regime.</p> more like this
star this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-12-06T17:43:17.017Zmore like thismore than 2018-12-06T17:43:17.017Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
1744
unstar this property label Biography information for Viscount Waverley more like this
1234768
star this property registered interest false more like this
unstar this property date less than 2020-09-15more like thismore than 2020-09-15
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Infrastructure: Coronavirus more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government, in the light of the economic cost of the COVID-19 pandemic, what plans they have (1) to halt, or (2) to reconsider, national infrastructure projects that have not yet received development consent orders. more like this
star this property tabling member printed
Viscount Waverley more like this
star this property uin HL8172 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-09-29more like thismore than 2020-09-29
star this property answer text <p>Decisions on future projects will be made as part of the Comprehensive Spending Review (CSR) and National Infrastructure Strategy due later in the Autumn. In the announcement<sup><sup>[1]</sup></sup> of the CSR the Chancellor committed to levelling up economic opportunity across all nations and regions of the country by investing in infrastructure, innovation and people.</p><p> </p><p><sup><sup>[1]</sup></sup> <a href="https://www.gov.uk/government/news/chancellor-launches-comprehensive-spending-review" target="_blank">https://www.gov.uk/government/news/chancellor-launches-comprehensive-spending-review</a></p> more like this
star this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2020-09-29T11:39:05.37Zmore like thismore than 2020-09-29T11:39:05.37Z
star this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
1744
unstar this property label Biography information for Viscount Waverley more like this
1255658
star this property registered interest false more like this
unstar this property date less than 2020-11-25more like thismore than 2020-11-25
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Customs more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what strategy has been adopted by Her Majesty's Revenue and Customs to help companies prepare for any new customs procedures after the end of the transition period for the UK's departure from the EU. more like this
star this property tabling member printed
Viscount Waverley more like this
star this property uin HL10729 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-12-09more like thismore than 2020-12-09
star this property answer text <p>The Government has provided extensive guidance to traders to support them in their preparations for the end of the transition period, including publishing the detailed Border Operating Model to help traders take the necessary steps.</p><p> </p><p>Recognising the impact of coronavirus on businesses’ ability to prepare, the UK Government has taken the decision to introduce the new border controls in three stages up until 1 July 2021. From 1 January to 30 June, UK-established traders/agents when importing non-controlled EU goods to GB free circulation will have the option to make a declaration in their own records at the time of import followed by a supplementary declaration up to 175 days later, which provides traders and intermediaries with more time to prepare.</p><p> </p><p>HMRC continue to work closely with industry to ensure it is engaging with the new requirements and can take the necessary steps to prepare, including through the latest public information campaign, cross-Government industry steering groups, webinars and events.</p><p> </p><p>Further, over £80 million of support has been made available to help the customs intermediary sector in scaling up. This includes grant funding for customs IT, training, and recruitment of new staff.</p><p> </p><p>HMRC will continue to engage with industry beyond the end of transition period to understand any concerns and identify any further support HMRC can provide.</p>
star this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2020-12-09T12:23:28.663Zmore like thismore than 2020-12-09T12:23:28.663Z
star this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
1744
unstar this property label Biography information for Viscount Waverley more like this
1256160
star this property registered interest false more like this
unstar this property date less than 2020-11-26more like thismore than 2020-11-26
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading UK Internal Trade: Northern Ireland more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what plans they have, if any, to extend the 24 month timescale for support provided to companies sending goods to Northern Ireland, in the event it proves insufficient. more like this
star this property tabling member printed
Viscount Waverley more like this
star this property uin HL10793 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-12-10more like thismore than 2020-12-10
star this property answer text <p>The Trader Support Service (TSS) will provide guidance to traders to help them understand changes to the way goods move under the Northern Ireland Protocol from 1 January. Traders will be supported to understand the information they will need to collect about their goods in order for the TSS to complete declarations on their behalf.</p><p> </p><p>The service will be in place for at least two years and during this period will provide guidance and training to help grow the existing intermediary market. The Government is committed to providing appropriate support and has developed the TSS to meet this commitment. The service and its future will be reviewed after two years.</p> more like this
star this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2020-12-10T14:04:59.387Zmore like thismore than 2020-12-10T14:04:59.387Z
star this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
1744
unstar this property label Biography information for Viscount Waverley more like this
1256533
star this property registered interest false more like this
unstar this property date less than 2020-11-30more like thismore than 2020-11-30
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Overseas Trade: Finance more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of the impact of the regulatory framework on the trade finance gap; and what discussions they are (1) having, and (2) have had, with the Prudential Regulation Authority about reducing the trade finance gap. more like this
star this property tabling member printed
Viscount Waverley more like this
star this property uin HL10928 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-12-14more like thismore than 2020-12-14
star this property answer text The UK’s prudential regulatory framework is underpinned by internationally agreed Basel standards in which the UK plays a key role through its membership of the Basel Committee on Banking Standards (BCBS).<p> </p><p>Through the Financial Services Bill, the Government is delegating responsibility for the implementation of the latest Basel standards to the Prudential Regulation Authority (PRA).</p><p> </p><p>As part of that, the PRA will be required to consider and report on the likely effect of its rules on the sustainable provision of finance to businesses and consumers in the UK.</p><p> </p><p>The Government maintains a regular dialogue with the PRA to ensure our future prudential regulation is appropriate and proportionate for the UK.</p> more like this
star this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2020-12-14T17:15:55.35Zmore like thismore than 2020-12-14T17:15:55.35Z
star this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
1744
unstar this property label Biography information for Viscount Waverley more like this
1276473
star this property registered interest false more like this
unstar this property date less than 2021-01-13more like thismore than 2021-01-13
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Infrastructure: Investment more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what plans they have to invest in infrastructure for local communities and businesses in order to address any impacts of the UK–EU Trade and Cooperation Agreement. more like this
star this property tabling member printed
Viscount Waverley more like this
star this property uin HL12125 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2021-01-27more like thismore than 2021-01-27
star this property answer text <p>At the Spending Review, the government set out key infrastructure commitments that will bolster local communities and businesses. Amongst others, this included £5 billion to support UK-wide gigabit broadband roll-out and £4.2 billion intra-city transport settlements, both of which will have a significant impact on local economic growth.</p><p> </p><p>The new Levelling Up Fund worth £4 billion for England, will attract up to £0.8 billion for Scotland, Wales and Northern Ireland in the usual way. This will invest in local infrastructure that has a visible impact on people and their communities and will support economic recovery. It will be open to all local areas in England and prioritise bids to drive growth and regeneration in places in need, those facing particular challenges, and areas that have received less government investment in recent years.</p><p> </p><p>Furthermore, the government announced a new infrastructure bank that will support private projects alongside lending to mayors and local authorities in order to support their infrastructure ambitions. The government will set out further details on the scale, mandate and operations of the Bank at the Budget.</p>
star this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2021-01-27T14:27:28.677Zmore like thismore than 2021-01-27T14:27:28.677Z
star this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
1744
unstar this property label Biography information for Viscount Waverley more like this
1329141
star this property registered interest false more like this
unstar this property date less than 2021-05-27more like thismore than 2021-05-27
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Bank Services: New Businesses more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of high street banks refusing new business account applications; and what steps they plan to take as a result. more like this
star this property tabling member printed
Viscount Waverley more like this
star this property uin HL691 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2021-06-07more like thismore than 2021-06-07
star this property answer text <p>Throughout the COVID-19 pandemic, there has been unprecedented demand for banking services, this accompanied with working restrictions due to social distancing has meant banks have faced significant capacity pressures which has limited their ability to meet demand for their services. Banks are doing all they can to meet this demand in these difficult circumstances.</p><p> </p><p>Decisions about what products are offered to individual businesses remain commercial decisions for banks and building societies. It would be inappropriate for the Government to intervene in these decisions. But the Government has always been clear that lenders should open to new customers where it is operationally possible for them to do so.</p> more like this
star this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2021-06-07T12:58:39.887Zmore like thismore than 2021-06-07T12:58:39.887Z
star this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
1744
unstar this property label Biography information for Viscount Waverley more like this