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1148093
star this property registered interest false more like this
star this property date less than 2019-10-02more like thismore than 2019-10-02
star this property answering body
Women and Equalities more like this
star this property answering dept id 31 more like this
star this property answering dept short name Women and Equalities more like this
star this property answering dept sort name Women and Equalities more like this
star this property hansard heading Equal Pay more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords remove filter
star this property question text To ask Her Majesty's Government what plans, if any, they have to identify the cause of the gender pay gap. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL18021 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-10-07more like thismore than 2019-10-07
star this property answer text <p>The Government introduced ground-breaking regulations in 2017 requiring large employers to publish gender pay gap data.</p><p> </p><p>We recognise that reporting is just the start; we are committed to ensuring that the UK is an international leader on gender equality research.</p><p> </p><p>This year, we published the Case for Change, an in-depth analysis of how economic gender inequalities develop across people’s lives. In this, we highlight research we published in 2018, led by the University of Manchester, that identified four key drivers of the UK Gender Pay Gap:</p><p> </p><ul><li><p>Occupational segregation - the types of jobs that women tend to do are less well paid than the types of jobs men do.</p></li><li><p>Industrial segregation - the sectors of the economy that women tend to work in are less well paid than the sectors that men work in.</p></li><li><p>Differences in the ways men and women participate in the labour market - women tend to spend more years out of the labour market undertaking unpaid care work than men, and tend to have fewer years of full-time work experience.</p></li><li><p>Other factors that cannot be explained by the data we have, but could include discrimination, harassment, preferences and choices.</p></li></ul><p>To address these drivers, we published the Gender Equality Roadmap in July, setting out the Government’s vision and actions to address the persistent gendered barriers people face across their lives. Furthermore, our new annual Gender Equality Monitor brings together 24 indicators on gender equality from all areas of life to help us better measure progress over time.</p><p>We are also running two research programmes, Women and Gender Equality and Gender and Behavioural Insights, to develop the evidence base on gender equality in the workplace. Findings from this research is being used to identify practical actions for employers and organisations to support women’s progression in the workplace and reduce their gender pay gap.</p>
unstar this property answering member printed Baroness Williams of Trafford more like this
star this property question first answered
less than 2019-10-07T16:39:07.947Zmore like thismore than 2019-10-07T16:39:07.947Z
star this property answering member
4311
star this property label Biography information for Baroness Williams of Trafford more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick remove filter
1167266
star this property registered interest false more like this
star this property date less than 2019-10-29more like thismore than 2019-10-29
star this property answering body
Women and Equalities more like this
star this property answering dept id 31 more like this
star this property answering dept short name Women and Equalities more like this
star this property answering dept sort name Women and Equalities more like this
star this property hansard heading Equal Pay more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords remove filter
star this property question text To ask Her Majesty's Government what plans, if any, they have to ensure that companies publish their action plans for closing the gender pay gap. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL534 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-11-05more like thismore than 2019-11-05
star this property answer text <p>The Gender Pay Gap among all employees in the UK continues to decline, currently at a record low of 17.3%.</p><p> </p><p>This year, mandatory reporting regulations have seen over 10,000 employers report their gender pay gap for the second time, with around half of all employers in-scope of the regulations publishing action plans.</p><p> </p><p>To close the gap entirely we need a much wider cultural change, which can’t be imposed from above. We strongly encourage all employers to publish action plans, prompting discussions about the drivers of the pay gap in their organisations. To support employers, we have published advice on how to diagnose their gaps and develop an effective action plan, alongside evidence-based guidance on practical actions they can take to close the gap. We actively disseminate this guidance to employers throughout the year to ensure they have the information they need to create an action plan.</p><p> </p><p>This position is kept under review. If we do not think that employers are making enough progress, we will act.</p>
unstar this property answering member printed Baroness Williams of Trafford more like this
star this property question first answered
less than 2019-11-05T13:08:02.01Zmore like thismore than 2019-11-05T13:08:02.01Z
star this property answering member
4311
star this property label Biography information for Baroness Williams of Trafford more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick remove filter
947123
star this property registered interest false more like this
star this property date less than 2018-07-23more like thismore than 2018-07-23
star this property answering body
Women and Equalities more like this
star this property answering dept id 31 more like this
star this property answering dept short name Women and Equalities more like this
star this property answering dept sort name Women and Equalities more like this
star this property hansard heading Females: Human Rights more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords remove filter
star this property question text To ask Her Majesty's Government what assessment they have made of a report from the Equality and Human Rights Commission which suggests that women’s rights, including employment protection rights and funding for women’s services, may be threatened by Brexit. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL9813 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-08-07more like thisremove minimum value filter
star this property answer text <p>The EHRC has submitted this report to the United Nations as part of its work on monitoring the Convention on the Elimination of All forms of Discrimination Against Women.</p><p>The Government is firmly committed to tackling the major injustices across Great Britain that hold women back, including eliminating violence against women and girls and closing the gender pay gap. We have already made significant progress on safeguarding and improving women’s rights.</p><p>The draft EU Withdrawal Agreement, once finalised and agreed will allow the UK to continue participation in EU programmes until their closure, including the Rights, Equality and Citizenship Fund, which promotes non-discrimination, combats racism, xenophobia, homophobia and other forms of intolerance as well as promoting rights and equality.</p><p>This Government has already made a clear commitment to protect workers’ rights, and ensure that they keep pace with the changing labour market, including in our recent white paper on the future relationship between the UK and the EU. We do not need to be part of the EU to have strong protections in the workplace. The UK already goes beyond EU minimum standards in a number of areas, such as entitlement to annual leave, paid maternity leave and parental leave.</p>
unstar this property answering member printed Baroness Williams of Trafford more like this
star this property question first answered
less than 2018-08-07T12:10:57.797Zmore like thismore than 2018-08-07T12:10:57.797Z
star this property answering member
4311
star this property label Biography information for Baroness Williams of Trafford more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick remove filter
1002275
star this property registered interest false more like this
star this property date less than 2018-11-05more like thismore than 2018-11-05
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
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 Exports more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords remove filter
star this property question text To ask Her Majesty's Government what assessment they have made of the report by the Office for Budget Responsibility, Economic and fiscal outlook, published in October, which anticipates exports falling as a share of the overall economy in the next five years. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL11296 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-11-19more like thismore than 2018-11-19
star this property answer text <p>The Office for Budget Responsibility is independent of Ministers and any views published are their own.</p><p>Since November 2016, the OBR has not assumed any one particular outcome to EU exit negotiations but has based its forecasts on broad-brush assumptions regarding Brexit that are consistent with a range of possible outcomes, as well as judgements about the economy following the referendum.</p><p>In its October 2018 forecast, the OBR have included a two-year transition period. After this they assume leaving the EU will reduce trade intensity which affects both imports and exports with a broadly offsetting impact on net trade. In its latest forecast, the OBR also revised down its forecast for world trade growth, contributing to a downward revision in UK export market growth in the near term. These factors contribute to the decline in exports as a share of GDP.</p><p>Going forward, the Government will continue to provide support for UK exporters through the Department for International Trade by encouraging more businesses to export, providing information, advice and practical assistance on exporting, connecting UK businesses to overseas buyers, and putting finance at the heart of our offer through UK Export Finance.</p>
unstar this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-11-19T16:40:52.617Zmore like thismore than 2018-11-19T16:40:52.617Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick remove filter
1010143
star this property registered interest false more like this
star this property date less than 2018-11-19more like thismore than 2018-11-19
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
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 Banks: Closures more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords remove filter
star this property question text To ask Her Majesty's Government what assessment they have made of bank branch closures on the financial well-being of the elderly. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL11590 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-12-03more like thismore than 2018-12-03
star this property answer text <p>The Treasury does not make assessments of bank branch closures, including the impact on the financial well-being of the elderly, as this is a commercial matter for banks. However, the Government believes it is important the impact of branch closures on communities is understood, considered and mitigated where possible.</p><p> </p><p>That’s why the Government supports the industry’s Access to Banking Standard which helps customers to understand the options they have locally to continue to access banking services, including specialist assistance for customers who need more help, which may include the elderly.</p><p> </p><p>The Government also considers it important that all customers, wherever they live and especially those who are vulnerable, can still access over the counter banking services. The Post Office’s Banking Framework Agreement enables 99% of banks’ personal customers to carry out their everyday banking at a Post Office counter via its network of 11,500 branches. The Government believes it is essential that more customers are aware of these useful services. This is why we asked UK Finance and the Post Office to create a 5-point action plan to increase publicity of Post Office banking services and ensure more customers can benefit from them.</p>
unstar this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-12-03T14:38:20.777Zmore like thismore than 2018-12-03T14:38:20.777Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick remove filter
1015870
star this property registered interest false more like this
star this property date less than 2018-11-27more like thismore than 2018-11-27
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
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 Cryptocurrencies more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords remove filter
star this property question text To ask Her Majesty's Government whether they have any plans for market regulation of crypto-currencies. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL11865 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-12-11more like thismore than 2018-12-11
star this property answer text <p>The government established the Cryptoassets Taskforce - comprised of HM Treasury, the FCA, and the Bank of England – earlier this year, to explore the risks and potential benefits of cryptoassets and consider the appropriate response. The Taskforce’s report sets out the path forward with respect to cryptoasset regulation in the UK.</p><p> </p><p>The government will:</p><ul><li><p>bring cryptoasset exchanges and custodian wallet providers within the scope of anti-money laundering and counter-terrorist financing regulation through the transposition of the EU Fifth Anti-Money Laundering Directive (5MLD), and consult on going beyond the requirements of 5MLD;</p></li><li><p>consult on whether the regulatory perimeter requires extension in relation to cryptoassets that have comparable features to specified investments but that fall outside the perimeter; and</p></li><li><p>issue a consultation to further explore whether and how exchange tokens and related firms, such as exchanges and wallet providers, could be regulated effectively.</p></li></ul>
unstar this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-12-11T14:52:39.527Zmore like thismore than 2018-12-11T14:52:39.527Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick remove filter
1015871
star this property registered interest false more like this
star this property date less than 2018-11-27more like thismore than 2018-11-27
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
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 Interest Rates more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords remove filter
star this property question text To ask Her Majesty's Government what assessment they have made of reports of the impact of Brexit on interest rates and mortgage defaults. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL11866 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-12-11more like thismore than 2018-12-11
star this property answer text <p>The Bank of England has operational independence to set monetary policy. As set out in its latest assessment, the MPC’s “<em>monetary policy response to EU withdrawal, whatever form EU withdrawal takes, will not be automatic and could be in either direction </em>and will depend on the balance of effects on supply, demand and the exchange rate.”</p><p> </p><p>The latest Bank of England Credit Conditions Survey (Q3) indicates that default rates on secured loans to households have fallen over the past 18 months and are expected to remain unchanged in the next quarter.</p><p> </p> more like this
unstar this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-12-11T14:53:57.02Zmore like thismore than 2018-12-11T14:53:57.02Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick remove filter
1024270
star this property registered interest false more like this
star this property date less than 2018-12-12more like thismore than 2018-12-12
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
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 Financial Services: BRIC Countries more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords remove filter
star this property question text To ask Her Majesty's Government what steps they are taking to strengthen financial ties with (1) India, and (2) China, after Brexit. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL12264 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-12-20more like thismore than 2018-12-20
star this property answer text <p>Over the last decade, the United Kingdom has developed strong financial links with both India and China through the Economic &amp; Financial Dialogues held with each country. For example, agreements have been reached with China that have established London as the leading global centre for Renminbi trading, with a 39% share – more than Hong Kong and New York combined. And the City of London has played a key role in the development of the Indian masala bond market, with over US$5 billion raised through masala bonds on the London Stock Exchange to date. The Government is looking forward to holding the tenth edition of the dialogues with both India and China in 2019.</p><p> </p> more like this
unstar this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-12-20T14:10:55.653Zmore like thismore than 2018-12-20T14:10:55.653Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick remove filter
1024271
star this property registered interest false more like this
star this property date less than 2018-12-12more like thismore than 2018-12-12
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
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 Multinational Companies: Taxation more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords remove filter
star this property question text To ask Her Majesty's Government what steps they are taking to collect more tax revenue from large multinational companies. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL12265 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-12-20more like thismore than 2018-12-20
star this property answer text <p>The Government has taken significant steps, domestically and internationally, to ensure that multinationals pay the right amount of tax in the UK.</p><p> </p><p>The UK has led on initiating the OECD Base Erosion and Profit Shifting project and in delivering its recommendations into domestic legislation, for example the corporate interest restriction.</p><p> </p><p>In April 2015, the Government introduced the Diverted Profits Tax which seeks to counter contrived arrangements used to divert profits away from the UK.</p><p> </p><p>At Budget 2018, the Chancellor announced the introduction of the Digital Services Tax, intended to ensure that digital businesses pay UK tax which reflects the value they derive from UK users.</p> more like this
unstar this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-12-20T14:39:12.9Zmore like thismore than 2018-12-20T14:39:12.9Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick remove filter
1024273
star this property registered interest false more like this
star this property date less than 2018-12-12more like thismore than 2018-12-12
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
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 Financial Services more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords remove filter
star this property question text To ask Her Majesty's Government what assessment they have made of (1) reports that Switzerland may be offered temporary access to EU stock markets, and (2) the implications that any decision on a "Swiss-style" equivalence arrangement could have on the UK financial sector after Brexit. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL12266 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-12-20more like thismore than 2018-12-20
star this property answer text <p>The EU previously found Swiss stock exchanges equivalent under the MiFID II share trading obligation until 31 December 2018. Switzerland is an important financial partner for the UK and we support an extension of the equivalence decision for Swiss stock exchanges.</p><p>The Government has successfully negotiated an agreement on the future relationship for financial services when we leave the EU that touches on the full spectrum of the UK’s White Paper position. The Political Declaration outlines that there should be initial decisions on equivalence by June 2020 and clear processes around the suspension and withdrawal of equivalence decisions in future. This should be supported by a legally-binding bilateral agreement for structured regulatory dialogue and consultation to ensure financial services are regulated compatibly, and that changes in legislation and the implications for trade are managed well.</p><p>The Government’s long-term economic analysis sets out the impact of the UK’s White Paper position on the financial services sector.</p>
unstar this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-12-20T14:15:49.047Zmore like thismore than 2018-12-20T14:15:49.047Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick remove filter