Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member printed question first answered answering member label
tabling member	label

Search

1522040

registered interest
date	13/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Health and Unemployment
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made of recent data from the Office for National Statistics regarding the UK employment rate for October 2022, which found that "UK economic inactivity rate was estimated at 21.7%, which is 0.6 percentage points higher than the previous three-month period"; and what steps they are taking to improve public health, given this is a potential contributory factor for such economic inactivity.
tabling member printed	Baroness Bennett of Manor Castle
uin	HL2580
answer	answer is ministerial correction date of answer 27/10/2022 answer text <p>The latest data indicates that the working age inactivity rate in the three months to August was 21.7%, up 0.6 percentage points on the previous three months and up 0.5 percentage points on the year. The headline employment rate for the three months to August was 75.5%, up 0.3 percentage points on the year. Demand for labour remains strong, with vacancies near record highs and significantly above pre-pandemic levels in the third quarter of 2022 (+51%). The latest data indicates that that the unemployment rate fell to 3.5% in the three months to August, the lowest rate since 1974<em>.</em></p><p> </p><p>Our Plan for Patients, which the Department of Health and Social Care introduced in Parliament on 22 September, sets out our immediate priorities to support individuals to live healthier lives and to strengthen the resilience and health of the nation. This includes moving prevention services closer to the patient, expanding mental health support in schools and increasing support for people to start, stay and succeed in employment. Alongside this, the Department of Health and Social Care is currently reviewing all of its wider priorities with a focus on improving the health of the population across the breadth of the country.</p> answering member printed Viscount Younger of Leckie question first answered 27/10/2022 12:55:38 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	4719 label Biography information for Baroness Bennett of Manor Castle

1522068

registered interest
date	13/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank Services
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made of the current oversight and supervision of the shadow banking sector within the UK and its dependencies.
tabling member printed	Lord Patten
uin	HL2608
answer	answer is ministerial correction date of answer 27/10/2022 answer text <p>Shadow banks, also referred to as non-banks, form a significant and important part of the financial system. The Financial Stability Board (FSB) estimates non-banks covered 48% of total global financial assets as of 2020.</p><p> </p><p>The Bank of England’s Financial Policy Committee (FPC) is responsible for identifying, monitoring, and taking action to address systemic risks and improve the resilience of the UK financial system, including for non-banks. The FPC undertakes regular monitoring of the non-bank sector, as well as more periodic detailed assessments and stress testing. For example, in 2021 they published an assessment of the resilience of market-based finance (which encapsulates non-banks) highlighting existing vulnerabilities within the system. The Prudential Regulation Authority (PRA) regulates insurers in the UK for prudential purposes. The Financial Conduct Authority (FCA) is responsible for the prudential regulation of authorised non-bank financial firms not supervised by the PRA and is the conduct regulator.</p><p> </p><p>Maintaining a global approach to the non-bank sector is important given the international nature of the financial system. Through the FSB, HM Treasury and UK financial regulators are working closely with international partners to develop global approaches to address vulnerabilities in the non-bank sector.</p><p> </p><p>On 12 October 2022, the FPC published its most recent assessment on the outlook for UK financial stability. The FPC welcomed the Bank of England’s temporary and targeted intervention in response to recent financial stability risk, and emphasised the importance of the domestic and international non-bank work to address vulnerabilities.</p><p> </p><p>Regulation and supervision of the non-bank sector and wider financial system in the Crown Dependencies is conducted by their relevant regulators.</p> answering member printed Viscount Younger of Leckie question first answered 27/10/2022 13:08:05 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	1137 label Biography information for Lord Patten

1522071

registered interest
date	13/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Expenditure: Brexit
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what estimate they have made of how much money was saved by the UK leaving the EU; and how this money has been spent.
tabling member printed	Lord Roberts of Llandudno
uin	HL2611
answer	answer is ministerial correction date of answer 27/10/2022 answer text The UK Government has determined an additional £14.6 billion of spending by 2024-25 can be allocated to its domestic priorities, rather than be sent in contributions to the EU. This additional spending was included in the overall spending plans that the government set out at previous Spending Reviews. The last Spending Review in 2021 set departmental budgets up to 2024-25. Autumn Budget and Spending Review 2021 plans are set out on the gov.uk website. answering member printed Viscount Younger of Leckie question first answered 27/10/2022 12:55:08 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	3691 label Biography information for Lord Roberts of Llandudno

1521484

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Trader Support Service
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what is the total cost to date of the Trader Support Service.
tabling member printed	Lord Dodds of Duncairn
uin	HL2523
answer	answer is ministerial correction date of answer 26/10/2022 answer text The total cost of the Trader Support Service from its inception to September 2022 is £309 million. answering member printed Viscount Younger of Leckie question first answered 26/10/2022 13:33:43 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	1388 label Biography information for Lord Dodds of Duncairn

1521504

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Insurance Contributions: Limited Liability
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made of the amount of national insurance contributions which would be raised if all partners of Limited Liability Partnerships were subject to employers' National Insurance contributions.
tabling member printed	Lord Leigh of Hurley
uin	HL2545
answer	answer is ministerial correction date of answer 26/10/2022 answer text <p>No such assessment has been carried out as the Government has no current plans to subject members of a Limited Liability Partnerships (LLPs) to employer National Insurance contributions (NICs).</p><p> </p><p>Individual members of LLPs are taxed in the same way as partners in a general partnership, paying Class 4 and Class 2 NICs like other partners and self-employed individuals. If members fall within the salaried member rules introduced by the Finance Act 2014, they are taxed as employees, paying Class 1 NICs.</p> answering member printed Viscount Younger of Leckie question first answered 26/10/2022 13:33:35 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	4295 label Biography information for Lord Leigh of Hurley

1521517

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Retail Trade: Money
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made of the prevalence of retailers no longer accepting cash as a form of payment; and what steps they will take to ensure that cash is accepted in all retail establishments.
tabling member printed	Lord Stone of Blackheath
uin	HL2559
answer	answer is ministerial correction date of answer 26/10/2022 answer text <p>As technology and consumer behaviour changes, it should remain the choice of individual organisations as to whether to accept or decline any form of payment, including cash or card, based on their consideration of factors such as customer preference and cost.</p><p> </p><p>Nonetheless, the Government recognises that many people continue to transact in cash across the UK and engages closely with financial regulators to monitor and assess trends relating to cash. Research undertaken by the Financial Conduct Authority found that 98% of small businesses would never turn away a customer if they needed to pay by cash.</p><p> </p><p>The Government has introduced legislation to protect access to cash across the UK to Parliament as part of the Financial Services and Markets Bill 2022. The legislation will establish the Financial Conduct Authority as the lead regulator for access to cash with responsibility and powers to ensure that people can continue to access cash withdrawal and deposit facilities. This legislation will support local businesses to continue accepting cash by ensuring they have reasonable access to deposit facilities.</p><p> </p><p>Further details about the Financial Services and Markets Bill can be found on the Parliament website.</p> answering member printed Viscount Younger of Leckie question first answered 26/10/2022 13:32:51 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	2222 label Biography information for Lord Stone of Blackheath

1521526

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank of England: Government Securities
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what steps they are taking to ensure market confidence in response to the Bank of England’s announcement that its emergency bond-buying intervention will end on Friday 14 October.
tabling member printed	Lord Taylor of Warwick
uin	HL2568
answer	answer is ministerial correction date of answer 25/10/2022 answer text <p>The Chancellor of The Exchequer on Monday 17 October brought forward a number of measures. These represent another down payment following the reversal of the corporation tax cut announced on Friday 14 October by the Prime Minister.</p><p> </p><p>Following conversations with the Prime Minister, the Chancellor has taken these decisions to ensure the UK’s economic stability and to provide confidence in the Government’s commitment to fiscal discipline. The Chancellor made clear in his statement that the UK’s public finances must be on a sustainable path into the medium term.</p><p> </p><p>The Government is prepared to act decisively and at scale to regain the country’s confidence and trust. The Chancellor stated in his speech that there will be more difficult decisions to take on both tax and spending. This means doing what is needed to lower debt in the medium term and to ensure that taxpayers’ money is well spent, putting public finances on a sustainable footing.</p><p> </p><p>In light of this, Government departments will be asked to find efficiencies within their budgets. The Chancellor will publish the government’s fiscal rules alongside an OBR forecast, and further measures to put the public finances on a sustainable footing, on 31 October.</p> answering member printed Viscount Younger of Leckie question first answered 25/10/2022 13:04:07 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	1796 label Biography information for Lord Taylor of Warwick

1521534

registered interest
date	12/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what recent steps they have taken to determine whether the financial sector presents too great a risk for the UK economy and regulatory structures to bear.
tabling member printed	Baroness Bennett of Manor Castle
uin	HL2516
answer	answer is ministerial correction date of answer 25/10/2022 answer text <p>The Government actively monitors the financial sector and any risks to financial stability and the UK economy more widely. It continues to work closely with the regulators, including the Bank of England and the Financial Conduct Authority, to assess risks and where appropriate coordinate a response with them. The regulators are working with firms to improve their resilience to market shocks, and it is a focus of government to ensure that we have a robust regulatory system. The UK financial sector remains resilient and well capitalised – ensuring it can continue to support households and business and play an important part in the UK economy.</p> answering member printed Viscount Younger of Leckie question first answered 25/10/2022 13:03:09 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	4719 label Biography information for Baroness Bennett of Manor Castle

1520906

registered interest
date	11/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Defibrillators: VAT
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made of the impact of VAT on defibrillators for those groups which do not qualify for an exemption; and whether they will consider removing VAT charges from sales of these devices.
tabling member printed	Lord Storey
uin	HL2509
answer	answer is ministerial correction date of answer 24/10/2022 answer text <p>Automated External Defibrillators (AED) save lives, which is why the Government has taken action to boost their provision. The Government provides support to aid the purchase of AEDs through VAT refunds on purchases made by local authorities and VAT reliefs for purchases made through voluntary contributions, where the AED is donated to eligible charities or the NHS. Otherwise, they attract the standard rate of VAT.</p><p> </p><p>The Department of Health and Social Care are examining whether there are ways to further expand public access to defibrillators.</p><p> </p><p>Introducing any new VAT reliefs would come at a cost to the Exchequer and any changes should be seen in the context of over £50 billion worth of requests for relief from VAT received since the EU referendum. Given this, there are no plans to change the current VAT treatment on defibrillators. However, the Government keeps all taxes under constant review.</p> answering member printed Viscount Younger of Leckie question first answered 24/10/2022 15:17:16 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	4238 label Biography information for Lord Storey

1520143

registered interest
date	10/10/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Growth: G7
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what has been the average annual rate of GDP growth since 2008 of (1) the UK, and (2) other G7 economies.
tabling member printed	Lord Birt
uin	HL2386
answer	answer is ministerial correction date of answer 24/10/2022 answer text <p>The UK’s average annual GDP growth rate between 2008-2021 was the fourth highest in the G7 at 0.8%, below the US (1.6%), Canada (1.3%) and Germany (0.9%). It was above France (0.7%), Japan (0.2%) and Italy (-0.4%).</p> answering member printed Viscount Younger of Leckie question first answered 24/10/2022 15:05:24 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	2533 label Biography information for Lord Birt