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631004

	registered interest
	date	07/11/2016
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Housing Benefit: Lancashire
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what estimate they have made of the number of households in (1) the County of Lancashire, and (2) the Borough of Pendle, that will experience reductions in their housing benefit as a result of the new cap introduced on 7 November; and what will be the total estimated annual reduction in each area.
	tabling member printed	Lord Greaves
	type	WrittenParliamentaryQuestion
	uin	HL3023
	answer	answer is ministerial correction date of answer 18/11/2016 answer text <p>It is estimated that around 1,700 households in the County of Lancashire and 100 households in the Borough of Pendle will be affected by the lower benefit cap in 2016/17.</p><p> </p><p>The annual benefit reduction from the lower cap is estimated to be around £3,900,000 in the County of Lancashire and £200,000 in the Borough of Pendle in 2016/17 if the cap was in place for the full financial year, however actual savings will be much lower in view of the lower cap only applying to the latter part of the year.</p><p> </p><p>Notes:</p><ol><li>Estimates assume no behavioural responses - any behavioural responses to the lower cap, such as claimants moving into employment, would cause the number of households affected to reduce.</li><li>The number of capped households has been rounded to the nearest 100 households</li><li>Annual benefit reduction has been rounded to the nearest £100,000 per year.</li><li>Modelling for this assessment was conducted using administrative records held by the Department for Work and Pensions containing amounts of benefit paid (including Child Benefit, as paid by HM Revenue and Customs) and indicators of receipt of Working Tax Credit and exemption benefits such as Disability Living Allowance. This enables the separation of households into those excluded from the cap, and those which will be subject to it and by how much. The administrative records relate to November 2015, but have been adjusted to reflect the future benefit regime.</li></ol><p> </p><p> </p><p>The benefit cap will be lowered from 7th November from £26,000 to £20,000, except in London where it will be lowered to £23,000 (a lower cap applies to single adult households). To help ensure Local Authorities are able to protect the most vulnerable Housing Benefit claimants and to support households adjusting to our welfare reforms, the Government will provide £870m funding for Discretionary Housing Payments over the next 5 years from 2016/17.</p> answering member printed Lord Freud question first answered 18/11/2016 14:17:30 answering member 3893 label Biography information for Lord Freud
	tabling member	2569 label Biography information for Lord Greaves

169349

	registered interest
	date	10/12/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Mutual Societies
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what consideration have they given to moving the legislative function for co-operative and community benefit societies from HM Treasury to the Department for Business, Innovation and Skills.
	tabling member printed	Lord Kennedy of Southwark
	type	WrittenParliamentaryQuestion
	uin	HL3635
	answer	answer is ministerial correction date of answer 19/12/2014 answer text <p>The Government does not hold official statistics on co-operatives. Relevant data is held by the Financial Conduct Authority, some of which they publish online.</p><p> </p><p> </p><p> </p><p>The legislative function for co-operative and community benefit societies resides with HM Treasury; there are currently no plans to change this.</p><p> </p><p> </p><p> </p><p>The Financial Conduct Authority is the registrar for co-operatives and community benefit societies. It has no regulatory functions over societies which are not also authorised to carry out financial services activities.</p><p> </p><p> </p><p> </p><p>The Government is content that the legislative framework in place supports innovation in co-operative capital. The government has implemented a package of measures this year to strengthen the co-operative sector. This includes increasing the amount of withdrawable share capital an individual can invest in a society from £20,000 to £100,000, making it easier and cheaper for co-operative societies to raise capital.</p><p> </p><p> </p><p> </p> answering member printed Lord Deighton grouped question UIN HL3636 HL3637 question first answered 19/12/2014 12:52:34 answering member 4262 label Biography information for Lord Deighton
	tabling member	4153 label Biography information for Lord Kennedy of Southwark

169350

	registered interest
	date	10/12/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cooperatives
	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 quality of and ease of access to official data on co-operatives.
	tabling member printed	Lord Kennedy of Southwark
	type	WrittenParliamentaryQuestion
	uin	HL3636
	answer	answer is ministerial correction date of answer 19/12/2014 answer text <p>The Government does not hold official statistics on co-operatives. Relevant data is held by the Financial Conduct Authority, some of which they publish online.</p><p> </p><p> </p><p> </p><p>The legislative function for co-operative and community benefit societies resides with HM Treasury; there are currently no plans to change this.</p><p> </p><p> </p><p> </p><p>The Financial Conduct Authority is the registrar for co-operatives and community benefit societies. It has no regulatory functions over societies which are not also authorised to carry out financial services activities.</p><p> </p><p> </p><p> </p><p>The Government is content that the legislative framework in place supports innovation in co-operative capital. The government has implemented a package of measures this year to strengthen the co-operative sector. This includes increasing the amount of withdrawable share capital an individual can invest in a society from £20,000 to £100,000, making it easier and cheaper for co-operative societies to raise capital.</p><p> </p><p> </p><p> </p> answering member printed Lord Deighton grouped question UIN HL3635 HL3637 question first answered 19/12/2014 12:52:34 answering member 4262 label Biography information for Lord Deighton
	tabling member	4153 label Biography information for Lord Kennedy of Southwark

169351

	registered interest
	date	10/12/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cooperatives
	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 effectiveness of the legal and regulatory frameworks in supporting innovation in co-operative capital.
	tabling member printed	Lord Kennedy of Southwark
	type	WrittenParliamentaryQuestion
	uin	HL3637
	answer	answer is ministerial correction date of answer 19/12/2014 answer text <p>The Government does not hold official statistics on co-operatives. Relevant data is held by the Financial Conduct Authority, some of which they publish online.</p><p> </p><p> </p><p> </p><p>The legislative function for co-operative and community benefit societies resides with HM Treasury; there are currently no plans to change this.</p><p> </p><p> </p><p> </p><p>The Financial Conduct Authority is the registrar for co-operatives and community benefit societies. It has no regulatory functions over societies which are not also authorised to carry out financial services activities.</p><p> </p><p> </p><p> </p><p>The Government is content that the legislative framework in place supports innovation in co-operative capital. The government has implemented a package of measures this year to strengthen the co-operative sector. This includes increasing the amount of withdrawable share capital an individual can invest in a society from £20,000 to £100,000, making it easier and cheaper for co-operative societies to raise capital.</p><p> </p><p> </p><p> </p> answering member printed Lord Deighton grouped question UIN HL3635 HL3636 question first answered 19/12/2014 12:52:34 answering member 4262 label Biography information for Lord Deighton
	tabling member	4153 label Biography information for Lord Kennedy of Southwark

175892

	registered interest
	date	27/01/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Tobacco: Smuggling
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what assessment they have made of links between terrorist organisations and the illicit tobacco market in the United Kingdom.
	tabling member printed	Lord Palmer
	type	WrittenParliamentaryQuestion
	uin	HL4472
	answer	answer is ministerial correction date of answer 16/02/2015 answer text <p>HM Revenue and Customs (HMRC) currently has no direct evidence that profits from tobacco fraud fund any specific terrorist groups.</p><p> </p><p> </p><p> </p><p>The joint HMRC/Border Force strategy to tackle tobacco smuggling has been successful in driving a consistent and sustained reduction in the illicit market in the UK, reducing the market share for illicit cigarettes by more than half and hand-rolling tobacco by one-third since 2000.</p><p> </p><p> </p><p> </p><p>The latest tobacco anti-fraud strategy ‘Tackling Tobacco Smuggling – building on our successes’ was launched in April 2011. Its objective is to achieve further sustainable downward pressure on the illicit market in cigarettes through to 2015. A copy was placed in the House of Commons library at that time.</p><p> </p><p> </p><p> </p><p>In 2013/14, HMRC referred 328 cases for prosecution and seized 1,437 million cigarettes and 330 tonnes of hand-rolling tobacco.</p><p> </p> answering member printed Lord Deighton question first answered 16/02/2015 16:42:52 answering member 4262 label Biography information for Lord Deighton
	tabling member	3192 label Biography information for Lord Palmer

223730

	registered interest
	date	25/02/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	LIBOR
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government how much was received by HM Treasury from the banks in penalties for the manipulation of Libor.
	tabling member printed	Lord Robertson of Port Ellen
	type	WrittenParliamentaryQuestion
	uin	HL5215
	answer	answer is ministerial correction date of answer 11/03/2015 answer text <p>Since June 2012, the Treasury has received LIBOR fines from the FCA; to date, they have imposed total fines in excess of £450 million relating to its investigations of LIBOR manipulation. This Government promised that this policy would reflect that those who have paid fines in our financial sector, because they demonstrated the very worst of British values, are paying to support those in our Armed Forces and emergency services who demonstrate the very best of British values. We are working with OGDs and relevant charities to ensure that all LIBOR fines received to date will be committed within the life of this Parliament.</p><p> </p><p> </p><p> </p><p>The administration of LIBOR fines varies according to the type of organisation applying and receiving the money. In particular, where a Government Department, such as the MoD has been identified as the organisation best suited to deliver the outcome – for example, support for childcare at military establishments – normal Departmental processes have applied. In other circumstances – such as those in support of the Armed Forces Covenant, the Covenant Reference Group – a cross-Whitehall representative body which includes charity representation, provides the guidance on those areas where LIBOR funds could be used to best effect.</p><p> </p><p> </p><p> </p> answering member printed Lord Deighton grouped question UIN HL5216 HL5220 HL5240 question first answered 11/03/2015 17:29:26 answering member 4262 label Biography information for Lord Deighton
	tabling member	672 label Biography information for Lord Robertson of Port Ellen

223731

	registered interest
	date	25/02/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	LIBOR
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government how much of the money received in penalties for the manipulation of Libor has been distributed to charities.
	tabling member printed	Lord Robertson of Port Ellen
	type	WrittenParliamentaryQuestion
	uin	HL5216
	answer	answer is ministerial correction date of answer 11/03/2015 answer text <p>Since June 2012, the Treasury has received LIBOR fines from the FCA; to date, they have imposed total fines in excess of £450 million relating to its investigations of LIBOR manipulation. This Government promised that this policy would reflect that those who have paid fines in our financial sector, because they demonstrated the very worst of British values, are paying to support those in our Armed Forces and emergency services who demonstrate the very best of British values. We are working with OGDs and relevant charities to ensure that all LIBOR fines received to date will be committed within the life of this Parliament.</p><p> </p><p> </p><p> </p><p>The administration of LIBOR fines varies according to the type of organisation applying and receiving the money. In particular, where a Government Department, such as the MoD has been identified as the organisation best suited to deliver the outcome – for example, support for childcare at military establishments – normal Departmental processes have applied. In other circumstances – such as those in support of the Armed Forces Covenant, the Covenant Reference Group – a cross-Whitehall representative body which includes charity representation, provides the guidance on those areas where LIBOR funds could be used to best effect.</p><p> </p><p> </p><p> </p> answering member printed Lord Deighton grouped question UIN HL5215 HL5220 HL5240 question first answered 11/03/2015 17:29:26 answering member 4262 label Biography information for Lord Deighton
	tabling member	672 label Biography information for Lord Robertson of Port Ellen

223732

	registered interest
	date	25/02/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	LIBOR
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government whether full accounts of the money received in penalties for the manipulation of Libor and distributed will be published.
	tabling member printed	Lord Robertson of Port Ellen
	type	WrittenParliamentaryQuestion
	uin	HL5217
	answer	answer is ministerial correction date of answer 09/03/2015 answer text <p>The money received in penalties for the manipulation of LIBOR, net of enforcement costs, is accounted for in HMT’s annual report and accounts.</p><p> </p><p> </p><p> </p><p>The Chancellor has announced that the funds collected from the LIBOR fines will be given to good causes, specifically military and other uniformed charities. The distribution of this funding is accounted for through the relevant department’s annual report and accounts.</p><p> </p> answering member printed Lord Deighton question first answered 09/03/2015 17:51:18 answering member 4262 label Biography information for Lord Deighton
	tabling member	672 label Biography information for Lord Robertson of Port Ellen

223733

	registered interest
	date	25/02/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	LIBOR
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what records are kept of the way in which distributed money received in penalties for the manipulation of Libor is spent after it is received by charities.
	tabling member printed	Lord Robertson of Port Ellen
	type	WrittenParliamentaryQuestion
	uin	HL5218
	answer	answer is ministerial correction date of answer 09/03/2015 answer text <p>The Treasury provides monies allocated as LIBOR fines to the relevant Government Department to administer on its behalf through the normal Estimates process. Full details of all transfers are provided in Departmental accounts.</p><p> </p><p> </p><p> </p> answering member printed Lord Deighton question first answered 09/03/2015 17:53:06 answering member 4262 label Biography information for Lord Deighton
	tabling member	672 label Biography information for Lord Robertson of Port Ellen

223734

	registered interest
	date	25/02/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	LIBOR
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what auditing arrangements are made in relation to the money received in penalties for the manipulation of Libor and distributed by HM Treasury.
	tabling member printed	Lord Robertson of Port Ellen
	type	WrittenParliamentaryQuestion
	uin	HL5219
	answer	answer is ministerial correction date of answer 09/03/2015 answer text <p>Because the Treasury provides monies allocated as LIBOR fines to the relevant Government Department to administer on its behalf through the normal Estimates process the normal audit rules are in place as prescribed in Managing Public Money. The Accounting Officer for each Department is responsible for ensuring that the monies are distributed, accounted for and audited correctly.</p><p> </p><p> </p><p> </p> answering member printed Lord Deighton question first answered 09/03/2015 17:53:34 answering member 4262 label Biography information for Lord Deighton
	tabling member	672 label Biography information for Lord Robertson of Port Ellen