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 grouped question UIN question first answered answering member label
tabling member	label

Search

1655117

registered interest
date	25/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Treasury: Artificial Intelligence
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government how many automated decision-making systems currently in use by the Treasury are used (even partially) to make decisions that affect people’s legal rights or entitlements; and how many of those systems have publicly available equality impact assessments and/or data protection impact assessments.
tabling member printed	Lord Clement-Jones
uin	HL9681
answer	answer is ministerial correction date of answer 08/08/2023 answer text <p>I refer the Noble Lord to the answer given on 18 July 2023 to question <a href="https://questions-statements.parliament.uk/written-questions/detail/2023-07-13/194020" target="_blank">UIN 194020</a>.</p><p> </p> answering member printed Baroness Penn question first answered 08/08/2023 14:22:20 answering member 4726 label Biography information for Baroness Penn
tabling member	3396 label Biography information for Lord Clement-Jones

1655155

registered interest
date	25/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	NatWest
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what guidance, if any, they give to the management of NatWest about their expectations, in managing their 38.6% shareholding in that company.
tabling member printed	Lord Lamont of Lerwick
uin	HL9693
answer	answer is ministerial correction date of answer 08/08/2023 answer text <p>The Government’s 38.6% shareholding in NatWest Group is managed at arm’s length and on a commercial basis by UK Government Investments (UKGI). UKGI’s role is to manage the shareholding, not the bank itself. As a shareholder in NatWest, the government does not intervene in the operational decisions of NatWest. NatWest’s board is responsible for the bank’s strategic and operational decisions.</p><p> </p><p>As set out at Budget, the Government intends to exit its shareholding by 2025-26 subject to market conditions and achieving value for money for taxpayers.</p><p> </p><p>The Government does have wider responsibilities for financial services regulation. As a matter of public policy, the Government has been clear that it is wrong to remove someone's bank account on the basis of their lawfully-held views, and the Economic Secretary to the Treasury reiterated that message on Wednesday 26 July with leaders from the banking and building society sector.</p><p> </p><p>The Government notes NatWest Group’s confirmation, on 25 July 2023, that they will be conducting an independent review into account-closure arrangements, and that, upon completion, the findings of that review will be made public<sup><sup>[1]</sup></sup>.</p><p> </p><p>[1] https://www.natwestgroup.com/news-and-insights/news-room/press-releases/our-updates/2023/jul/update-from-natwest-group-board-and-chief-executive-officer.html</p> answering member printed Baroness Penn grouped question UIN HL9694 HL9695 HL9696 question first answered 08/08/2023 10:50:03 answering member 4726 label Biography information for Baroness Penn
tabling member	895 label Biography information for Lord Lamont of Lerwick

1655156

registered interest
date	25/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Nigel Farage
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government whether, as 38.6% shareholders in NatWest, they will request the company to investigate the briefings provided to the BBC about the alleged financial position of Nigel Farage.
tabling member printed	Lord Lamont of Lerwick
uin	HL9694
answer	answer is ministerial correction date of answer 08/08/2023 answer text <p>The Government’s 38.6% shareholding in NatWest Group is managed at arm’s length and on a commercial basis by UK Government Investments (UKGI). UKGI’s role is to manage the shareholding, not the bank itself. As a shareholder in NatWest, the government does not intervene in the operational decisions of NatWest. NatWest’s board is responsible for the bank’s strategic and operational decisions.</p><p> </p><p>As set out at Budget, the Government intends to exit its shareholding by 2025-26 subject to market conditions and achieving value for money for taxpayers.</p><p> </p><p>The Government does have wider responsibilities for financial services regulation. As a matter of public policy, the Government has been clear that it is wrong to remove someone's bank account on the basis of their lawfully-held views, and the Economic Secretary to the Treasury reiterated that message on Wednesday 26 July with leaders from the banking and building society sector.</p><p> </p><p>The Government notes NatWest Group’s confirmation, on 25 July 2023, that they will be conducting an independent review into account-closure arrangements, and that, upon completion, the findings of that review will be made public<sup><sup>[1]</sup></sup>.</p><p> </p><p>[1] https://www.natwestgroup.com/news-and-insights/news-room/press-releases/our-updates/2023/jul/update-from-natwest-group-board-and-chief-executive-officer.html</p> answering member printed Baroness Penn grouped question UIN HL9693 HL9695 HL9696 question first answered 08/08/2023 10:50:03 answering member 4726 label Biography information for Baroness Penn
tabling member	895 label Biography information for Lord Lamont of Lerwick

1655157

registered interest
date	25/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Nigel Farage
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made, given their 38.6% shareholding in NatWest, of the descriptions of the “purpose” and “values” of NatWest in the papers released to Nigel Farage.
tabling member printed	Lord Lamont of Lerwick
uin	HL9695
answer	answer is ministerial correction date of answer 08/08/2023 answer text <p>The Government’s 38.6% shareholding in NatWest Group is managed at arm’s length and on a commercial basis by UK Government Investments (UKGI). UKGI’s role is to manage the shareholding, not the bank itself. As a shareholder in NatWest, the government does not intervene in the operational decisions of NatWest. NatWest’s board is responsible for the bank’s strategic and operational decisions.</p><p> </p><p>As set out at Budget, the Government intends to exit its shareholding by 2025-26 subject to market conditions and achieving value for money for taxpayers.</p><p> </p><p>The Government does have wider responsibilities for financial services regulation. As a matter of public policy, the Government has been clear that it is wrong to remove someone's bank account on the basis of their lawfully-held views, and the Economic Secretary to the Treasury reiterated that message on Wednesday 26 July with leaders from the banking and building society sector.</p><p> </p><p>The Government notes NatWest Group’s confirmation, on 25 July 2023, that they will be conducting an independent review into account-closure arrangements, and that, upon completion, the findings of that review will be made public<sup><sup>[1]</sup></sup>.</p><p> </p><p>[1] https://www.natwestgroup.com/news-and-insights/news-room/press-releases/our-updates/2023/jul/update-from-natwest-group-board-and-chief-executive-officer.html</p> answering member printed Baroness Penn grouped question UIN HL9693 HL9694 HL9696 question first answered 08/08/2023 10:50:03 answering member 4726 label Biography information for Baroness Penn
tabling member	895 label Biography information for Lord Lamont of Lerwick

1655158

registered interest
date	25/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	NatWest: Fossil Fuels
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made, given their 38.6% shareholding in NatWest, of the decision by NatWest to give no loans for new oil and gas projects.
tabling member printed	Lord Lamont of Lerwick
uin	HL9696
answer	answer is ministerial correction date of answer 08/08/2023 answer text <p>The Government’s 38.6% shareholding in NatWest Group is managed at arm’s length and on a commercial basis by UK Government Investments (UKGI). UKGI’s role is to manage the shareholding, not the bank itself. As a shareholder in NatWest, the government does not intervene in the operational decisions of NatWest. NatWest’s board is responsible for the bank’s strategic and operational decisions.</p><p> </p><p>As set out at Budget, the Government intends to exit its shareholding by 2025-26 subject to market conditions and achieving value for money for taxpayers.</p><p> </p><p>The Government does have wider responsibilities for financial services regulation. As a matter of public policy, the Government has been clear that it is wrong to remove someone's bank account on the basis of their lawfully-held views, and the Economic Secretary to the Treasury reiterated that message on Wednesday 26 July with leaders from the banking and building society sector.</p><p> </p><p>The Government notes NatWest Group’s confirmation, on 25 July 2023, that they will be conducting an independent review into account-closure arrangements, and that, upon completion, the findings of that review will be made public<sup><sup>[1]</sup></sup>.</p><p> </p><p>[1] https://www.natwestgroup.com/news-and-insights/news-room/press-releases/our-updates/2023/jul/update-from-natwest-group-board-and-chief-executive-officer.html</p> answering member printed Baroness Penn grouped question UIN HL9693 HL9694 HL9695 question first answered 08/08/2023 10:50:01 answering member 4726 label Biography information for Baroness Penn
tabling member	895 label Biography information for Lord Lamont of Lerwick

1655166

registered interest
date	25/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Interest Rates: Companies
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what plans they have to provide financial support to companies affected by rising interest rates.
tabling member printed	Lord Taylor of Warwick
uin	HL9720
answer	answer is ministerial correction date of answer 08/08/2023 answer text <p>The Government has introduced a number of measures to financially support businesses. These include:</p><ul><li>the Energy Bills Discount Scheme (EBDS) provides all eligible businesses and other non-domestic energy users with a discount on high energy bills for 12 months from 1 April 2023 until 31 March 2024.</li><li>At Autumn Statement we announced a Business Rates package worth £13.6bn over the next five years to support high streets and protect businesses from large bill increases.</li><li>the Recovery Loan Scheme has been extended until June 2024, providing businesses with up to £2 million of government guaranteed finance.</li><li>Increasing the Employment Allowance from £4,000 to £5,000, which means that businesses and charities who had employer NICs bills of £100,000 or less in the previous tax year will be able to claim up to £5,000 off their employer NICs bills.</li></ul><p>Monetary policy is the responsibility of the independent Monetary Policy Committee (MPC) of the Bank of England. The Bank of England has the Government’s full support as they take action to return inflation to the target of 2% inflation in the Consumer Prices Index (CPI).</p><p> </p> answering member printed Baroness Penn question first answered 08/08/2023 10:53:56 answering member 4726 label Biography information for Baroness Penn
tabling member	1796 label Biography information for Lord Taylor of Warwick

1655168

registered interest
date	25/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Situation
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what steps they are taking to enhance the UK's economic competitiveness and resilience.
tabling member printed	Lord Taylor of Warwick
uin	HL9722
answer	answer is ministerial correction date of answer 08/08/2023 answer text <p><strong></strong>At the Spring Budget, the Chancellor announced a package of measures to increase the labour supply, incentivize business investment and improve productivity. The Chancellor has a plan to drive economic growth and boost competitiveness, centred on the 4Es of enterprise, education, employment and everywhere. UK businesses enjoy the lowest tax burden in the G7 and the most generous capital allowances regimes in the OECD. As a result, the World Bank ranks the UK as the best place to do business amongst large European nations and second in the G7.</p><p> </p><p>The Government remains committed to tackling risks and vulnerabilities and published its Resilience Framework in December 2022.</p> answering member printed Baroness Penn question first answered 08/08/2023 10:53:39 answering member 4726 label Biography information for Baroness Penn
tabling member	1796 label Biography information for Lord Taylor of Warwick

1655170

registered interest
date	25/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Parcels: Northern Ireland
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what customs declarations, payments and paperwork, businesses in Great Britain will be required to complete when sending postal packets to Northern Ireland when sending to (1) an individual consumer, and (2) a business.
tabling member printed	Lord Weir of Ballyholme
uin	HL9731
answer	answer is ministerial correction date of answer 08/08/2023 answer text <p>Under the Windsor Framework, individuals in Northern Ireland will be able to receive parcels from businesses in Great Britain as smoothly as they do today, with no requirement on businesses for customs declarations, tariffs or presentation of goods to customs authorities. Instead, parcel operators will provide data to HMRC drawing on typical commercial information received from the sending business, under a new “authorised carrier” scheme.</p><p> </p><p>From 30 September 2024, parcels sent from a business in Great Britain to a business in Northern Ireland can be moved through the new green lane, where eligible. This will avoid tariffs and will ensure that these goods will no longer be required to move on the basis of international customs requirements, benefiting from radically reduced checks and data requirements.</p><p> </p><p>Had it been fully implemented, the old Northern Ireland Protocol would have required full customs declarations for all parcel movements from Great Britain to Northern Ireland.</p><p> </p> answering member printed Baroness Penn question first answered 08/08/2023 14:14:57 answering member 4726 label Biography information for Baroness Penn
tabling member	4970 label Biography information for Lord Weir of Ballyholme

1655031

registered interest
date	24/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Expenditure: Northern Ireland
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what Barnett consequentials were made available to the Northern Ireland Executive in the last three years for which figures are available.
tabling member printed	Lord Empey
uin	HL9615
answer	answer is ministerial correction date of answer 07/08/2023 answer text <p>Spending Review 2021 set the largest annual block grants, in real terms, of any spending review settlement since the devolution Acts. This provided £15 billion per year for the Northern Ireland Executive.</p><p> </p><p>The Block Grant Transparency document details the Barnett consequentials that have been provided to the Northern Ireland Executive in the last three years, as well as other changes to the block grant including surrenders<sup>1</sup>. The Northern Ireland Executive received the following Barnett consequentials: £2.3 billion in 2021-22, £1.8 billion in 2022-23 and £2 billion in 2023-24.</p><p> </p><p>The Northern Ireland Executive can utilise Budget Exchange at Supplementary Estimates each financial year to move planned or unexpected underspends between years. The Northern Ireland Executive accessed £40m of Budget Exchange in 2020-21, £134m in 2021-22, and £130m in 2022-23. This mechanism means that typically no, or very little, general resource or capital funding is returned to the Treasury at the end of the year. There was an increase in capital underspends during the COVID years and underspends in ringfenced resource spending are more common given the terms of those funding streams.</p><p> </p><p>The Northern Ireland Executive are well funded to deliver all their devolved responsibilities, receiving at least 20% more funding per person than equivalent UK Government spending in other parts of the UK.</p><p><strong> </strong></p><ol><li><a href="https://www.gov.uk/government/publications/block-grant-transparency-july-2023#:~:text=The%20Block%20Grant%20Transparency%20sets,Northern%20Ireland%20Executive%20are%20calculated." target="_blank">Block Grant Transparency: July 2023 - GOV.UK (www.gov.uk)</a></li><li><a href="https://www.finance-ni.gov.uk/publications/estimates-publications" target="_blank">https://www.finance-ni.gov.uk/publications/estimates-publications</a></li></ol> answering member printed Baroness Penn grouped question UIN HL9616 question first answered 07/08/2023 14:49:47 answering member 4726 label Biography information for Baroness Penn
tabling member	4216 label Biography information for Lord Empey

1655050

registered interest
date	24/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	UK Trade with EU: Small Businesses
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assistance they are providing to small and medium-sized factories in England and Wales to support them with extra costs from customs checks as a result of the UK's departure from the EU.
tabling member printed	Lord Taylor of Warwick
uin	HL9643
answer	answer is ministerial correction date of answer 07/08/2023 answer text <p>The 2025 UK Border Strategy sets out the Government’s vision for the UK border to be the most effective in the world. A border which embraces innovation and simplifies processes for traders, including small and medium sized manufacturers.</p><p> </p><p>To support businesses with the post-Brexit environment, HMRC has provided practical support to all sizes and types of businesses as they adapt to the new trading environment. This support includes comprehensive guidance on GOV.UK, as well as a range of other supportive information, including recorded webinars and short explainer videos.</p><p> </p><p>HMRC has invested in building capacity and capability in the Customs &amp; International Trade Helpline and webchat service to ensure all sizes of businesses who need additional support are able to access it promptly. Small and medium sized businesses can also use HMRC’s ‘Import and exports general enquiries’ service for help with UK customs enquiries via online, webchat, phone and post.</p> answering member printed Baroness Penn question first answered 07/08/2023 14:50:25 answering member 4726 label Biography information for Baroness Penn
tabling member	1796 label Biography information for Lord Taylor of Warwick