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166116
registered interest false more like this
date less than 2014-11-25more like thismore than 2014-11-25
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 Treasury more like this
hansard heading World War I: Debts 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 any countries owe money to the United Kingdom as a result of the First World War; and if so, which and how much in each case. more like this
tabling member printed
Lord Laird remove filter
uin HL3174 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-09more like thismore than 2014-12-09
answer text <p>At the end of World War I, debt was owed between the UK and other countries. However, in 1931 President Hoover of the United States proposed a one year moratorium on all War debts, which allowed extensive international discussions on the general problems of debt repayment to be held. No satisfactory agreement was reached. In the absence of such an agreement no payments have been made to, or received from, other nations since 1934.</p><p> </p><p> </p><p> </p><p>The most recent repayment made by the UK on its debt to the US from the First World War was made in the financial year 1932-33. More specific information on the date of this payment is not available.</p><p> </p><p> </p><p> </p><p>The UK included the First World War debt to the US as part of the National Debt up until 1944-45, however all First World War debts to and from other nations are now effectively considered as having lapsed. Therefore, as explained in the answer to the original question, no arrangements have been made for repayment of the debt.</p><p> </p><p> </p><p> </p><p>In addition, the government holds eight undated gilts in its debt portfolio, three of which stem from bonds originally issued to raise money to finance the First World War.</p><p> </p><p> </p><p> </p><p>The Chancellor has announced that two of these undated gilts, 4% Consolidated Loan and 3½% War Loan, will be redeemed, on 1 February 2015 and 9 March 2015 respectively. These gilts account for some 99% of the bonds originally issued to finance the First World War. The government has also announced a strategy to remove the remaining undated gilts from the debt portfolio when it is deemed value for money to do so.</p><p> </p><p> </p><p> </p><p>The repayments on this debt will go to the holders of these bonds. The Treasury does not hold detailed information on the identity of organisations or individuals who own gilts, however information on sectoral holdings of gilts is published on a quarterly basis by the Office for National Statistics. The latest information on the breakdown of gilt holdings by sector, including a breakdown of non-UK resident holders of gilts by foreign central banks and other non-residents, is published by the ONS in Section 5.2.10 of its quarterly United Kingdom Economic Accounts publication.</p><p> </p>
answering member printed Lord Deighton more like this
grouped question UIN
HL3175 more like this
HL3176 more like this
question first answered
less than 2014-12-09T17:41:36.6Zmore like thismore than 2014-12-09T17:41:36.6Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
2479
label Biography information for Lord Laird more like this
166117
registered interest false more like this
date less than 2014-11-25more like thismore than 2014-11-25
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 Treasury more like this
hansard heading World War I: Debts 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 20 November (HL2727), concerning debt for the First World War, what are the arrangements for repayment of the United Kingdom's debt to the United States; and why that information was not included in the answer to the original question. more like this
tabling member printed
Lord Laird remove filter
uin HL3175 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-09more like thismore than 2014-12-09
answer text <p>At the end of World War I, debt was owed between the UK and other countries. However, in 1931 President Hoover of the United States proposed a one year moratorium on all War debts, which allowed extensive international discussions on the general problems of debt repayment to be held. No satisfactory agreement was reached. In the absence of such an agreement no payments have been made to, or received from, other nations since 1934.</p><p> </p><p> </p><p> </p><p>The most recent repayment made by the UK on its debt to the US from the First World War was made in the financial year 1932-33. More specific information on the date of this payment is not available.</p><p> </p><p> </p><p> </p><p>The UK included the First World War debt to the US as part of the National Debt up until 1944-45, however all First World War debts to and from other nations are now effectively considered as having lapsed. Therefore, as explained in the answer to the original question, no arrangements have been made for repayment of the debt.</p><p> </p><p> </p><p> </p><p>In addition, the government holds eight undated gilts in its debt portfolio, three of which stem from bonds originally issued to raise money to finance the First World War.</p><p> </p><p> </p><p> </p><p>The Chancellor has announced that two of these undated gilts, 4% Consolidated Loan and 3½% War Loan, will be redeemed, on 1 February 2015 and 9 March 2015 respectively. These gilts account for some 99% of the bonds originally issued to finance the First World War. The government has also announced a strategy to remove the remaining undated gilts from the debt portfolio when it is deemed value for money to do so.</p><p> </p><p> </p><p> </p><p>The repayments on this debt will go to the holders of these bonds. The Treasury does not hold detailed information on the identity of organisations or individuals who own gilts, however information on sectoral holdings of gilts is published on a quarterly basis by the Office for National Statistics. The latest information on the breakdown of gilt holdings by sector, including a breakdown of non-UK resident holders of gilts by foreign central banks and other non-residents, is published by the ONS in Section 5.2.10 of its quarterly United Kingdom Economic Accounts publication.</p><p> </p>
answering member printed Lord Deighton more like this
grouped question UIN
HL3174 more like this
HL3176 more like this
question first answered
less than 2014-12-09T17:41:36.487Zmore like thismore than 2014-12-09T17:41:36.487Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
2479
label Biography information for Lord Laird more like this
166118
registered interest false more like this
date less than 2014-11-25more like thismore than 2014-11-25
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 Treasury more like this
hansard heading World War I: Debts 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 20 November (HL2727), concerning debt for the First World War, when was the most recent repayment made to the United States. more like this
tabling member printed
Lord Laird remove filter
uin HL3176 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-09more like thismore than 2014-12-09
answer text <p>At the end of World War I, debt was owed between the UK and other countries. However, in 1931 President Hoover of the United States proposed a one year moratorium on all War debts, which allowed extensive international discussions on the general problems of debt repayment to be held. No satisfactory agreement was reached. In the absence of such an agreement no payments have been made to, or received from, other nations since 1934.</p><p> </p><p> </p><p> </p><p>The most recent repayment made by the UK on its debt to the US from the First World War was made in the financial year 1932-33. More specific information on the date of this payment is not available.</p><p> </p><p> </p><p> </p><p>The UK included the First World War debt to the US as part of the National Debt up until 1944-45, however all First World War debts to and from other nations are now effectively considered as having lapsed. Therefore, as explained in the answer to the original question, no arrangements have been made for repayment of the debt.</p><p> </p><p> </p><p> </p><p>In addition, the government holds eight undated gilts in its debt portfolio, three of which stem from bonds originally issued to raise money to finance the First World War.</p><p> </p><p> </p><p> </p><p>The Chancellor has announced that two of these undated gilts, 4% Consolidated Loan and 3½% War Loan, will be redeemed, on 1 February 2015 and 9 March 2015 respectively. These gilts account for some 99% of the bonds originally issued to finance the First World War. The government has also announced a strategy to remove the remaining undated gilts from the debt portfolio when it is deemed value for money to do so.</p><p> </p><p> </p><p> </p><p>The repayments on this debt will go to the holders of these bonds. The Treasury does not hold detailed information on the identity of organisations or individuals who own gilts, however information on sectoral holdings of gilts is published on a quarterly basis by the Office for National Statistics. The latest information on the breakdown of gilt holdings by sector, including a breakdown of non-UK resident holders of gilts by foreign central banks and other non-residents, is published by the ONS in Section 5.2.10 of its quarterly United Kingdom Economic Accounts publication.</p><p> </p>
answering member printed Lord Deighton more like this
grouped question UIN
HL3174 more like this
HL3175 more like this
question first answered
less than 2014-12-09T17:41:36.703Zmore like thismore than 2014-12-09T17:41:36.703Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
2479
label Biography information for Lord Laird more like this
166119
registered interest false more like this
date less than 2014-11-25more like thismore than 2014-11-25
answering body
Department for Transport more like this
answering dept id 27 more like this
answering dept short name Transport more like this
answering dept sort name Transport more like this
hansard heading Gatwick Express Railway Line 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 the Office of Rail Regulation is taking to improve and make more reliable the Gatwick Express train service. more like this
tabling member printed
Lord Laird remove filter
uin HL3177 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-01more like thismore than 2014-12-01
answer text <p>This is firstly a matter for Southern, the franchised train operator of the Gatwick Express service, working with Network Rail. In the event of continued under-performance by Network Rail, the Office of Rail Regulation (ORR), which is responsible for regulating its performance, will investigate, and take action as necessary.  The Department for Transport understands that the ORR is working closely with Network Rail with the aim of resolving the current issues which are affecting performance on its Sussex route, which is used by the Gatwick Express service.  In parallel, the Department is working with the train operator to ensure it delivers a good service to passengers in line with its obligations under the franchise.</p> more like this
answering member printed Baroness Kramer more like this
question first answered
less than 2014-12-01T12:19:09.183Zmore like thismore than 2014-12-01T12:19:09.183Z
answering member
1557
label Biography information for Baroness Kramer more like this
tabling member
2479
label Biography information for Lord Laird more like this
166120
registered interest false more like this
date less than 2014-11-25more like thismore than 2014-11-25
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 Higher Education: Northern Ireland 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 which department in which administration based where is responsible for all aspects of the funding and operations of the two universities in Northern Ireland. more like this
tabling member printed
Lord Laird remove filter
uin HL3178 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-08more like thismore than 2014-12-08
answer text <p>The Northern Ireland Department for Employment and Learning has responsibility for higher education in Northern Ireland, including providing institutional funding for research.</p><p> </p><p> </p><p> </p><p>In addition, as the UK operates a dual support system for funding research in universities, the Department for Business, Innovation and Skills, through Research Councils UK, competitively provides grants for individual research projects and programmes across the UK.</p><p> </p><p> </p><p> </p> more like this
answering member printed Baroness Williams of Trafford more like this
question first answered
less than 2014-12-08T17:53:57.737Zmore like thismore than 2014-12-08T17:53:57.737Z
answering member
4311
label Biography information for Baroness Williams of Trafford more like this
tabling member
2479
label Biography information for Lord Laird more like this
166121
registered interest false more like this
date less than 2014-11-25more like thismore than 2014-11-25
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 UK Membership of EU 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, in a referendum on the United Kingdom membership of the European Union, those United Kingdom citizens who live in other European Union countries will be allowed a vote. more like this
tabling member printed
Lord Laird remove filter
uin HL3179 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-08more like thismore than 2014-12-08
answer text <p><strong>The franchise for any referendum is set out in primary legislation which establishes that referendum. It will therefore be for Parliament to agree the franchise to be used in any future referendum on UK membership of the European Union. </strong></p><p> </p> more like this
answering member printed Lord Wallace of Saltaire more like this
question first answered
less than 2014-12-08T17:56:09.147Zmore like thismore than 2014-12-08T17:56:09.147Z
answering member
1816
label Biography information for Lord Wallace of Saltaire more like this
tabling member
2479
label Biography information for Lord Laird more like this