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1199288
registered interest false more like this
date less than 2020-06-02more like thismore than 2020-06-02
answering body
Treasury remove filter
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 Monetary Policy more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government whether any purchases made by the Bank of England this year under the quantitative easing arrangements have been of gilt-edged securities issued within less than one month of the Bank’s acquisition thereof. more like this
tabling member printed
Lord Myners more like this
uin HL5050 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-15more like thismore than 2020-06-15
answer text <p>The Bank of England’s Asset Purchase Facility Fund, its subsidiary used to implement quantitative easing, has purchased gilt-edged securities within one month of their issuance in 2020. This is in line with the Facility’s public operating procedures which require that it does not offer to purchase gilts within one week of their issue by the UK Debt Management Office.</p> more like this
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-06-15T13:08:41.51Zmore like thismore than 2020-06-15T13:08:41.51Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
3869
label Biography information for Lord Myners more like this
1199289
registered interest false more like this
date less than 2020-06-02more like thismore than 2020-06-02
answering body
Treasury remove filter
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 H2O Asset Management more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government whether (1) they, or (2) the Financial Conduct Authority, are investigating the value of H2O Asset Management’s transactions on behalf of (a) regulated investment funds under its management, (b) parties related to H2O Asset Management, and (c) H2O Asset Management affiliated companies and executives. more like this
tabling member printed
Lord Myners more like this
uin HL5051 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-16more like thismore than 2020-06-16
answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is operationally independent from Government. The question has been passed on to the FCA. The FCA will reply directly to the noble Lord by letter. A copy of the letter will be placed in the Library of the House.</p> more like this
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-06-16T11:12:30.853Zmore like thismore than 2020-06-16T11:12:30.853Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
3869
label Biography information for Lord Myners more like this
1199297
registered interest false more like this
date less than 2020-06-02more like thismore than 2020-06-02
answering body
Treasury remove filter
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 Public Expenditure: Coronavirus more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government how much additional funding they have provided to (1) Northern Ireland, (2) Scotland, and (3) Wales, in response to the COVID-19 pandemic; and, in each case, how much that represents per head of population. more like this
tabling member printed
Lord Soley more like this
uin HL5108 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-15more like thismore than 2020-06-15
answer text <p>We have so far announced £7.4 billion of additional funding to the devolved administrations to support people, business and public services in Scotland, Wales and Northern Ireland. This means £3.8 billion for the Scottish Government, £2.3 billion for the Welsh Government and £1.3 billion for the Northern Ireland Executive.</p><p> </p><p>This is equivalent to £700 per head of the Scottish population, £730 per head of the Welsh population and £680 per head of the Northern Ireland population. The differences in these per head figures are partly due to the differing extent of devolved responsibilities and partly due to the nation-specific elements of the Barnett formula.</p> more like this
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-06-15T13:10:41.687Zmore like thismore than 2020-06-15T13:10:41.687Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
160
label Biography information for Lord Soley more like this
1199332
registered interest false more like this
date less than 2020-06-02more like thismore than 2020-06-02
answering body
Treasury remove filter
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 Economic Situation: Coronavirus more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what estimate they have made of the impact of a decrease in GDP as a result of the COVID-19 pandemic on (1) legislative, and (2) manifesto, commitments for expenditure as a percentage of GDP. more like this
tabling member printed
Lord Moonie more like this
uin HL5048 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-12more like thismore than 2020-06-12
answer text <p>The UK’s fiscal council, the Office of Budget Responsibility, makes forecasts for GDP. They have published a coronavirus reference scenario, which they continue to develop and update, which can be found on the Office for Budget Responsibility’s website. In their public commentary the Office for Budget Responsibility have said that the fiscal and monetary support measures of the UK authorities “help to limit the adverse impact on potential output and thus future GDP once the crisis has passed”.</p><p> </p><p>The government will take stock of the impact of the covid-19 public health and economic emergency on the forecast for the economy and public finances through the Budget process. Further details of spending plans will be set out in due course, including through a Spending Review later this year.</p> more like this
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-06-12T13:57:37.39Zmore like thismore than 2020-06-12T13:57:37.39Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
621
label Biography information for Lord Moonie more like this
1199333
registered interest false more like this
date less than 2020-06-02more like thismore than 2020-06-02
answering body
Treasury remove filter
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 Revenue and Customs: Telephone Services more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government how much income they received in the last financial year from calls to Her Majesty's Revenue and Customs helplines that have the 0300 prefix. more like this
tabling member printed
Lord Moonie more like this
uin HL5049 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-16more like thismore than 2020-06-16
answer text <p>HMRC do not receive any income from the use of 0300 numbers.</p> more like this
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-06-16T10:53:21.993Zmore like thismore than 2020-06-16T10:53:21.993Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
621
label Biography information for Lord Moonie more like this
1199334
registered interest false more like this
date less than 2020-06-02more like thismore than 2020-06-02
answering body
Treasury remove filter
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 Customs Intermediaries: Recruitment more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government how many of the 50,000 additional UK customs agents required after the end of the transition period have been recruited so far; and how many have completed their training. more like this
tabling member printed
Baroness Randerson more like this
uin HL5073 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-16more like thismore than 2020-06-16
answer text <p>The UK has a well-established industry of customs intermediaries which serve British businesses trading outside the EU. The sector is varied and made up of a number of different business models including specific customs brokers, freight forwarders and fast parcel operators; all of which will require varied numbers of staff. Government support of £34m has been designed flexibly to meet the needs of the sector to build capacity by covering training and IT innovation, as well as recruitment.</p><p> </p><p>This funding has led to almost 20,000 applications for customs training courses with providers. These courses will teach all the necessary skills required to handle customs declarations, and include the online UK Customs Academy founded by HMRC.</p><p> </p><p>HMRC do not employ customs agents/customs intermediaries directly and the 50,000 figure is an industry calculation.</p><p><strong> </strong></p> more like this
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-06-16T10:57:25.023Zmore like thismore than 2020-06-16T10:57:25.023Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
4230
label Biography information for Baroness Randerson more like this
1199339
registered interest false more like this
date less than 2020-06-02more like thismore than 2020-06-02
answering body
Treasury remove filter
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 Aviation: Meetings more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government how many meetings have taken place between Treasury ministers and representatives of (1) UK airlines, (2) UK airports, and (3) aerospace manufacturers, in the last three months. more like this
tabling member printed
Baroness Randerson more like this
uin HL5078 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-15more like thismore than 2020-06-15
answer text <p>Treasury Ministers and officials meet with a wide range of stakeholders across sectors as part of ongoing policy development and implementation.</p><p> </p><p>Ministers and officials from the Department for Transport are in regular contact with airlines, airports and unions to understand the impact that COVID-19 is having on the sector and its workers.</p> more like this
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-06-15T13:10:23.373Zmore like thismore than 2020-06-15T13:10:23.373Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
4230
label Biography information for Baroness Randerson more like this
1199388
registered interest false more like this
date less than 2020-06-02more like thismore than 2020-06-02
answering body
Treasury remove filter
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 Self-employment Income Support Scheme: Ministers of Religion more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what plans they have, if any, to include ministers of religion in the Self-Employment Income Support Scheme. more like this
tabling member printed
Baroness Ritchie of Downpatrick more like this
uin HL5086 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-16more like thismore than 2020-06-16
answer text <p>The design of the Self Employment Income Support Scheme (SEISS), including the eligibility requirement that an individual’s trading profits must at least equal to their non-trading income, means it is targeted at those who are most reliant on their self-employment income.</p><p> </p><p>Where ministers of religion are paid through PAYE, they may be eligible to be furloughed and receive support through the Coronavirus Job Retention scheme. They may also be eligible for the other elements of the unprecedented financial support provided by the Government. This package includes Bounce Back loans, tax deferrals, rental support increased levels of Universal Credit, mortgage holidays, and other business support grants.</p> more like this
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-06-16T11:10:55.943Zmore like thismore than 2020-06-16T11:10:55.943Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
4130
label Biography information for Baroness Ritchie of Downpatrick more like this
1199419
registered interest false more like this
date less than 2020-06-02more like thismore than 2020-06-02
answering body
Treasury remove filter
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 Coronavirus Job Retention Scheme more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government, further to the Written Answer by Lord Agnew of Oulton on 20 May (HL4003), whether "until July" indicates that the Coronavirus Job Retention Scheme will be in place in its current form up to and including 30 June; and whether "after July" indicates that they will introduce more flexibility to the furlough scheme from 1 July. more like this
tabling member printed
Lord Jones of Cheltenham more like this
uin HL5007 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-16more like thismore than 2020-06-16
answer text <p>The Coronavirus Job Retention Scheme will remain in its current form until 30 June, with flexible furloughing introduced from 1 July.</p><p> </p><p>From 1 July, employers can bring back to work employees that have previously been furloughed for any amount of time and any shift pattern, while still being able to claim a CJRS grant for their normal hours not worked. From 1 July, employers will also be able to agree any working arrangements with previously furloughed employees.</p><p> </p><p>The scheme will close to new entrants from 30 June, and from 1 July the scheme will only be available to employers that have previously used the scheme in respect of employees they have previously furloughed. From this point onwards, employers will only be able to furlough employees that they have furloughed for a full three-week period prior to 30 June. This means that the final date by which an employer can furlough an employee for the first time was 10 June, in order for the current three-week furlough period to be completed by 30 June.</p>
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-06-16T10:48:02.587Zmore like thismore than 2020-06-16T10:48:02.587Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
248
label Biography information for Lord Jones of Cheltenham more like this
1199420
registered interest false more like this
date less than 2020-06-02more like thismore than 2020-06-02
answering body
Treasury remove filter
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 Conditions of Employment: Pay more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government further to the Written Answer by Lord Agnew of Oulton on 26 May (HL4404), what support they will offer those people who have not been furloughed but have taken a voluntary temporary reduction in pay; whether they expect those for have taken voluntary temporary pay reductions to have entered into written agreements with their employers; and if not, what evidence they will require before these people can access any support. more like this
tabling member printed
Lord Jones of Cheltenham more like this
uin HL5008 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-16more like thismore than 2020-06-16
answer text <p>Workers whose earnings fall due to a reduction in their work hours may become eligible for support through the welfare system, including through Universal Credit (UC). Existing UC claimants will normally receive a higher award as a result of a fall in earnings. For employed claimants this will be updated automatically using information from the PAYE system.</p><p> </p><p>The Government has announced a significant package of temporary welfare measures to support those on low incomes through the COVID-19 outbreak, including increasing the UC standard allowance by £20 per week.</p> more like this
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-06-16T10:52:33.637Zmore like thismore than 2020-06-16T10:52:33.637Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
248
label Biography information for Lord Jones of Cheltenham more like this