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1678700
registered interest false more like this
date less than 2023-12-18more like thismore than 2023-12-18
answering body
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 Bank Services: Cryptoassets more like this
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask His Majesty's Government what assessment they have made of reports that many UK crypto and digital asset businesses are unable to open a UK bank account. more like this
tabling member printed
Lord Goddard of Stockport more like this
uin HL1266 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-12-21more like thismore than 2023-12-21
answer text <p>The government takes the issue of bank account access very seriously, and that is why the Chancellor asked the Financial Conduct Authority (FCA) to help us collect evidence to understand where account closures or refusals are happening and why.</p><p> </p><p>The FCA’s interim report (“UK Payment Accounts: Access and Closures”) set out areas for further consideration by government in relation to business accounts and we are continuing to explore this issue.</p><p> </p><p>HM Treasury acknowledges concerns regarding how banks’ decisions affect access to accounts and consumer payments to cryptoasset firms. However, it would not be appropriate for the government to intervene in commercial decisions taken by banks.</p><p> </p><p>The government is committed to supporting safe innovation within our financial technology sector; HM Treasury regularly engages with a range of stakeholders in the cryptoasset sector and is also progressing work on legislation to implement its proposals for the future financial services regulatory regime for cryptoassets, which will bring a number of cryptoasset activities into the regulatory perimeter for financial services for the first time.</p><p><strong> </strong></p><p><strong> </strong></p>
answering member printed Baroness Vere of Norbiton more like this
grouped question UIN
HL1267 more like this
HL1268 more like this
HL1269 more like this
HL1270 more like this
question first answered
less than 2023-12-21T10:20:35.863Zmore like thismore than 2023-12-21T10:20:35.863Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
4334
label Biography information for Lord Goddard of Stockport remove filter
1678701
registered interest false more like this
date less than 2023-12-18more like thismore than 2023-12-18
answering body
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 Bank Services: Cryptoassets more like this
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask His Majesty's Government what discussions they have had with (1) the crypto and digital asset industry, and (2) the UK banking industry, regarding access to UK bank accounts for crypto and digital asset business. more like this
tabling member printed
Lord Goddard of Stockport more like this
uin HL1267 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-12-21more like thismore than 2023-12-21
answer text <p>The government takes the issue of bank account access very seriously, and that is why the Chancellor asked the Financial Conduct Authority (FCA) to help us collect evidence to understand where account closures or refusals are happening and why.</p><p> </p><p>The FCA’s interim report (“UK Payment Accounts: Access and Closures”) set out areas for further consideration by government in relation to business accounts and we are continuing to explore this issue.</p><p> </p><p>HM Treasury acknowledges concerns regarding how banks’ decisions affect access to accounts and consumer payments to cryptoasset firms. However, it would not be appropriate for the government to intervene in commercial decisions taken by banks.</p><p> </p><p>The government is committed to supporting safe innovation within our financial technology sector; HM Treasury regularly engages with a range of stakeholders in the cryptoasset sector and is also progressing work on legislation to implement its proposals for the future financial services regulatory regime for cryptoassets, which will bring a number of cryptoasset activities into the regulatory perimeter for financial services for the first time.</p><p><strong> </strong></p><p><strong> </strong></p>
answering member printed Baroness Vere of Norbiton more like this
grouped question UIN
HL1266 more like this
HL1268 more like this
HL1269 more like this
HL1270 more like this
question first answered
less than 2023-12-21T10:20:35.91Zmore like thismore than 2023-12-21T10:20:35.91Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
4334
label Biography information for Lord Goddard of Stockport remove filter
1678702
registered interest false more like this
date less than 2023-12-18more like thismore than 2023-12-18
answering body
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 Bank Services: Cryptoassets more like this
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask His Majesty's Government what consideration they have given to issuing guidance to UK banks in relation to providing access to bank accounts for crypto and digital asset businesses. more like this
tabling member printed
Lord Goddard of Stockport more like this
uin HL1268 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-12-21more like thismore than 2023-12-21
answer text <p>The government takes the issue of bank account access very seriously, and that is why the Chancellor asked the Financial Conduct Authority (FCA) to help us collect evidence to understand where account closures or refusals are happening and why.</p><p> </p><p>The FCA’s interim report (“UK Payment Accounts: Access and Closures”) set out areas for further consideration by government in relation to business accounts and we are continuing to explore this issue.</p><p> </p><p>HM Treasury acknowledges concerns regarding how banks’ decisions affect access to accounts and consumer payments to cryptoasset firms. However, it would not be appropriate for the government to intervene in commercial decisions taken by banks.</p><p> </p><p>The government is committed to supporting safe innovation within our financial technology sector; HM Treasury regularly engages with a range of stakeholders in the cryptoasset sector and is also progressing work on legislation to implement its proposals for the future financial services regulatory regime for cryptoassets, which will bring a number of cryptoasset activities into the regulatory perimeter for financial services for the first time.</p><p><strong> </strong></p><p><strong> </strong></p>
answering member printed Baroness Vere of Norbiton more like this
grouped question UIN
HL1266 more like this
HL1267 more like this
HL1269 more like this
HL1270 more like this
question first answered
less than 2023-12-21T10:20:35.957Zmore like thismore than 2023-12-21T10:20:35.957Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
4334
label Biography information for Lord Goddard of Stockport remove filter
1678703
registered interest false more like this
date less than 2023-12-18more like thismore than 2023-12-18
answering body
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 Bank Services: Cryptoassets more like this
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask His Majesty's Government whether they have plans to bring forward regulation to ensure that crypto and digital asset businesses can open a UK bank account. more like this
tabling member printed
Lord Goddard of Stockport more like this
uin HL1269 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-12-21more like thismore than 2023-12-21
answer text <p>The government takes the issue of bank account access very seriously, and that is why the Chancellor asked the Financial Conduct Authority (FCA) to help us collect evidence to understand where account closures or refusals are happening and why.</p><p> </p><p>The FCA’s interim report (“UK Payment Accounts: Access and Closures”) set out areas for further consideration by government in relation to business accounts and we are continuing to explore this issue.</p><p> </p><p>HM Treasury acknowledges concerns regarding how banks’ decisions affect access to accounts and consumer payments to cryptoasset firms. However, it would not be appropriate for the government to intervene in commercial decisions taken by banks.</p><p> </p><p>The government is committed to supporting safe innovation within our financial technology sector; HM Treasury regularly engages with a range of stakeholders in the cryptoasset sector and is also progressing work on legislation to implement its proposals for the future financial services regulatory regime for cryptoassets, which will bring a number of cryptoasset activities into the regulatory perimeter for financial services for the first time.</p><p><strong> </strong></p><p><strong> </strong></p>
answering member printed Baroness Vere of Norbiton more like this
grouped question UIN
HL1266 more like this
HL1267 more like this
HL1268 more like this
HL1270 more like this
question first answered
less than 2023-12-21T10:20:36.003Zmore like thismore than 2023-12-21T10:20:36.003Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
4334
label Biography information for Lord Goddard of Stockport remove filter
1678704
registered interest false more like this
date less than 2023-12-18more like thismore than 2023-12-18
answering body
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 Bank Services: Cryptoassets more like this
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask His Majesty's Government what assessment they have made of the impact of decisions by some banks to introduce limits or restrictions on cryptocurrency transactions. more like this
tabling member printed
Lord Goddard of Stockport more like this
uin HL1270 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-12-21more like thismore than 2023-12-21
answer text <p>The government takes the issue of bank account access very seriously, and that is why the Chancellor asked the Financial Conduct Authority (FCA) to help us collect evidence to understand where account closures or refusals are happening and why.</p><p> </p><p>The FCA’s interim report (“UK Payment Accounts: Access and Closures”) set out areas for further consideration by government in relation to business accounts and we are continuing to explore this issue.</p><p> </p><p>HM Treasury acknowledges concerns regarding how banks’ decisions affect access to accounts and consumer payments to cryptoasset firms. However, it would not be appropriate for the government to intervene in commercial decisions taken by banks.</p><p> </p><p>The government is committed to supporting safe innovation within our financial technology sector; HM Treasury regularly engages with a range of stakeholders in the cryptoasset sector and is also progressing work on legislation to implement its proposals for the future financial services regulatory regime for cryptoassets, which will bring a number of cryptoasset activities into the regulatory perimeter for financial services for the first time.</p><p><strong> </strong></p><p><strong> </strong></p>
answering member printed Baroness Vere of Norbiton more like this
grouped question UIN
HL1266 more like this
HL1267 more like this
HL1268 more like this
HL1269 more like this
question first answered
less than 2023-12-21T10:20:36.037Zmore like thismore than 2023-12-21T10:20:36.037Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
4334
label Biography information for Lord Goddard of Stockport remove filter
1605363
registered interest false more like this
date less than 2023-03-20more like thismore than 2023-03-20
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 Avanti West Coast more like this
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask His Majesty's Government what is their justification for the further extension to the contract for Avanti West Coast, given its service record over the last six months. more like this
tabling member printed
Lord Goddard of Stockport more like this
uin HL6623 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-03-29more like thismore than 2023-03-29
answer text <p>Avanti West Coast (AWC) introduced a new timetable in December which amounted to an approximate 40 per cent increase in services. The first month did not see an improvement for passengers given the period of prolonged industrial action. Since then, AWC has demonstrated improvement in performance justifying an extension to October 2023, with cancellation rates falling to an average of 4.2 per cent in early March. AWC needs to do more to win back passengers with a reliable and dependable service.</p> more like this
answering member printed Baroness Vere of Norbiton more like this
question first answered
less than 2023-03-29T12:36:27.1Zmore like thismore than 2023-03-29T12:36:27.1Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
4334
label Biography information for Lord Goddard of Stockport remove filter
1568378
registered interest false more like this
date less than 2023-01-18more like thismore than 2023-01-18
answering body
Ministry of Defence more like this
answering dept id 11 more like this
answering dept short name Defence more like this
answering dept sort name Defence more like this
hansard heading Typhoon Aircraft more like this
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask His Majesty's Government what plans they have to upgrade the Royal Air Force Typhoon aircraft; and what are the numbers per annum for the type leaving service in future. more like this
tabling member printed
Lord Goddard of Stockport more like this
uin HL4852 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-01-25more like thismore than 2023-01-25
answer text <p>Withdrawing the Tranche 1 Typhoon aircraft enables the reinvestment required in the rest of the Typhoon fleet out to its out of service date. There are 30 Typhoon in Tranche 1. On current plans, the bulk of the Typhoon Tranche 1 aircraft will go out of service on 31 March 2025, whilst four will be retained until 2027.</p> more like this
answering member printed Baroness Goldie more like this
question first answered
less than 2023-01-25T12:58:13.363Zmore like thismore than 2023-01-25T12:58:13.363Z
answering member
4306
label Biography information for Baroness Goldie more like this
tabling member
4334
label Biography information for Lord Goddard of Stockport remove filter
1568379
registered interest false more like this
date less than 2023-01-18more like thismore than 2023-01-18
answering body
Ministry of Defence more like this
answering dept id 11 more like this
answering dept short name Defence more like this
answering dept sort name Defence more like this
hansard heading Challenger Tanks more like this
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask His Majesty's Government how many of the 227 Challenger tanks originally procured for the army (1) remain in service, and (2) are currently serviceable. more like this
tabling member printed
Lord Goddard of Stockport more like this
uin HL4853 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-01-25more like thismore than 2023-01-25
answer text <p>408 Challenger 2 Main Battle Tanks were originally procured for the Army in the 1990s. 227 platforms remain in the Army's current active fleet.</p> more like this
answering member printed Baroness Goldie more like this
question first answered
less than 2023-01-25T12:58:45.467Zmore like thismore than 2023-01-25T12:58:45.467Z
answering member
4306
label Biography information for Baroness Goldie more like this
tabling member
4334
label Biography information for Lord Goddard of Stockport remove filter
1568380
registered interest false more like this
date less than 2023-01-18more like thismore than 2023-01-18
answering body
Ministry of Defence more like this
answering dept id 11 more like this
answering dept short name Defence more like this
answering dept sort name Defence more like this
hansard heading Armoured Fighting Vehicles: Storage more like this
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask His Majesty's Government how many mine-resistant vehicles procured for operations in Afghanistan remain in storage; which vehicle types they are; and what consideration they have given to supplying such vehicles to the government of Ukraine. more like this
tabling member printed
Lord Goddard of Stockport more like this
uin HL4854 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-01-25more like thismore than 2023-01-25
answer text <p>Mastiff, Ridgback, Wolfhound (MRW), High Mobility Tactical Vehicle (Jackal, Coyote), Foxhound and Husky are all protected mobility platforms procured for operations in Afghanistan.</p><p>Husky is no longer an in-service platform and is held entirely within the disposals fleet. I am withholding the numbers of the remaining in-service platforms held in storage as disclosure would, or would be likely to, prejudice the capability, effectiveness, or security of the Armed Forces.</p><p>Granting in Kind activity has considered each of the above platforms in detail, with Mastiff, Wolfhound and Husky forming significant elements of the UK's first two tranches of support to Ukraine.</p> more like this
answering member printed Baroness Goldie more like this
question first answered
less than 2023-01-25T12:59:09.233Zmore like thismore than 2023-01-25T12:59:09.233Z
answering member
4306
label Biography information for Baroness Goldie more like this
tabling member
4334
label Biography information for Lord Goddard of Stockport remove filter
1565724
registered interest false more like this
date less than 2023-01-10more like thismore than 2023-01-10
answering body
Ministry of Defence more like this
answering dept id 11 more like this
answering dept short name Defence more like this
answering dept sort name Defence more like this
hansard heading Typhoon Aircraft more like this
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask His Majesty's Government what plans they have to upgrade the Royal Air Force Typhoon aircraft; and how many of those aircraft left service in each of the past five years. more like this
tabling member printed
Lord Goddard of Stockport more like this
uin HL4609 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-01-24more like thismore than 2023-01-24
answer text <p>In July 2022, the Ministry of Defence announced a further £2.35 billion investment in Typhoon, including fitting an electronically scanned radar, the European Common Radar System (ECRS) Mk2, as well as other improvements under the Phase 4 Enhancement aircraft upgrade package.</p><p>On current planning the bulk of the Typhoon Tranche 1 aircraft will go out of service on 31 March 2025, whilst four will be retained until 2027. As the Tranche 1 fleet draws down, aircraft will undergo a Reduce To Produce programme to strip them of useable parts after which they will be sent for disposal action.</p><p>The retirement of Typhoon Tranche 1 will enable further investment in Typhoon Tranche 2 and 3.</p> more like this
answering member printed Baroness Goldie more like this
question first answered
less than 2023-01-24T14:40:22.607Zmore like thismore than 2023-01-24T14:40:22.607Z
answering member
4306
label Biography information for Baroness Goldie more like this
tabling member
4334
label Biography information for Lord Goddard of Stockport remove filter