Results 161–180 of 10499 for speaker:Lord Young of Cookham

Homeless People: Prevention of Deaths - Statement (1 Oct 2019)

Lord Young of Cookham: My Lords, I welcome the extra £54 million in last month’s spending review to combat rough sleeping and homelessness, particularly as there is strong evidence that, where the resources of the RSI have been focused, rough sleeping has fallen much faster than elsewhere. If we are to make further progress in tackling rough sleeping, particularly among single people, I ask my noble friend to...

Use of Language to Create a Safe Environment - Statement (26 Sep 2019)

Lord Young of Cookham: My Lords, as a recent refugee from the other place I was dismayed by the tone of last night’s exchanges. I will, however, make a slightly different point from that of my noble friend. The Prime Minister says that he wants a deal. I hope that he gets one, but to do so he will need to get legislation through both Houses and the support of all sides in both Houses. In addition to my noble...

Spending Round 2019 - Motion to Take Note (25 Sep 2019)

Lord Young of Cookham: My Lords, I congratulate my noble friend Lord Duncan on his new responsibilities in your Lordships’ House, which have substantially increased the length of the frontier that he has to patrol. I thank him also for his kind words in his opening remarks. He will enjoy these set-piece debates on Budgets and spending reviews, which are always well-informed. I wish him well in summing up and in...

Written Answers — Department for International Trade: Trade Promotion (16 Aug 2019)

Lord Young of Cookham: The Terms of Appointment for the Programme provide the framework to which Trade Envoys work to. They outline Trade Envoys’ roles and responsibilities when undertaking Trade Envoy duties, as well as outlining the Department for International Trade commitment to them. Under the Terms of Appointment, they are appointed for the term of a parliament, after which the sitting Prime Minister will...

Written Answers — Department for International Trade: Trade Promotion (16 Aug 2019)

Lord Young of Cookham: Trade Envoys comprised of parliamentarians drawn from both Houses are answerable to Parliament via direct line of report to my Rt. Hon. Friend the Secretary of State for International Trade who is accountable for the programme. Although the Trade Envoy role is not a ministerial appointment and does not carry formal policy responsibility the Trade Envoys are under the same obligation as...

Written Answers — Department for International Trade: Overseas Trade (16 Aug 2019)

Lord Young of Cookham: Regional Trade Plans (RTPs), set out an overseas region’s overarching strategy, key objectives and priorities, which will drive the delivery of Her Majesty’s Government’s trade objectives overseas. Currently, the RTPs are internal documents, but the Department for International Trade intends to publish executive summaries of the RTPs in due course.

Written Answers — Department for International Trade: Trade Promotion (6 Aug 2019)

Lord Young of Cookham: I refer the Noble Lord to the Written Ministerial Statement given by my Rt Hon Friend the Secretary of State for International Trade on 18 July 2019, HCWS1760. https://www.parliament.uk/business/publications/written-ques tions-answers-statements/written-statements/?page=1&max=20&q uestiontype=AllQuestions&house=commons%2Clords&uin=HCWS1760 On the 18 July 2019 my Noble Friend Lord Risby...

Written Answers — Department for International Trade: Trade Promotion (6 Aug 2019)

Lord Young of Cookham: Since the Programme was launched in November 2012 the cumulative cost of travel and subsistence has been £848,962. Accurate staffing support figures for the programme are not available as the programme pre-dates the formation of the Department and has changed as the programme has evolved. For 2018/19 the programme’s staffing costs were approximately £551,000. This is based on the...

Written Answers — Department for International Trade: Trade Agreements: Canada (6 Aug 2019)

Lord Young of Cookham: We are working to transition existing EU trade agreements, including CETA, into bilateral deals as the UK leaves the EU. We continue to engage Canada to seek to achieve this at the earliest opportunity, and both sides are committed to a strong trading relationship moving forwards. If the UK leaves the EU without a deal, the UK will implement a temporary tariff which aims to minimise costs...

Written Answers — Cabinet Office: Public Buildings: Art Works (6 Aug 2019)

Lord Young of Cookham: No further assessment has been made of how and where portraits of the Royal Family are displayed across the UK. Civil Servants are free to raise concerns about any issue and should follow their departmental procedures to resolve disputes and grievances. Compensation payments are not routinely paid as part of this process.

Written Answers — Treasury: Insolvency (6 Aug 2019)

Lord Young of Cookham: This reform is designed to ensure that when a business becomes insolvent, more of the taxes paid in good faith by that business’s employees and customers will go to fund public services as intended, rather than being distributed to other creditors such as financial institutions. This measure does not include a cap on the age of tax debts which will be eligible for secondary preferential...

Written Answers — Treasury: Financial Conduct Authority (6 Aug 2019)

Lord Young of Cookham: Where such investigations are conducted, HM Treasury take steps to ensure their independence which is crucial to the integrity of their conclusions. For example, in the recent case of the events surrounding the failure of London Capital & Finance plc (LCF), and following a request from the Financial Conduct Authority (FCA), the Economic Secretary to the Treasury required that an independent...

Written Answers — Treasury: Financial Institutions: Insolvency (6 Aug 2019)

Lord Young of Cookham: London Capital and Finance plc (LCF) are a firm that issued mini-bonds, that entered administration on 30 January 2018. On 23 May, the Treasury formally directed the Financial Conduct Authority (FCA) to launch an independent investigation into the events at LCF, and approved the FCA’s appointment of Dame Elizabeth Gloster to lead it. Lendy Limited and Collateral (UK) Limited are peer to...

Written Answers — Treasury: Collateral (UK) (6 Aug 2019)

Lord Young of Cookham: The Government monitors the development of the peer to peer (P2P) sector and engages regularly with P2P platforms and the Financial Conduct Authority (FCA), who are responsible for the regulation of the sector. This requires platforms to be authorised by the FCA and subject to FCA rules governing, among other areas, how they handle client money and promote themselves to consumers, and capital...

Written Answers — Treasury: Lendy (6 Aug 2019)

Lord Young of Cookham: The Financial Conduct Authority (FCA) is responsible for the authorisation and regulation of peer to peer (P2P) platforms, and is currently carrying out an enforcement investigation into the circumstances that led to the administration of Lendy. It would be inappropriate for Government to pre-empt its findings. The FCA is operationally independent from Government. The question as it relates...

Written Answers — Treasury: Financial Services (6 Aug 2019)

Lord Young of Cookham: Following the suspension of the Woodford Equity Income Fund (WEIF), HM Treasury has discussed the liquidity rules for UK UCITS funds with the Financial Conduct Authority (FCA), which is responsible for the ongoing supervision and regulation of the UK’s financial services sector, including investment funds. The FCA have launched an investigation into the events leading up to the suspension...

Written Answers — Treasury: Banks: Loans (6 Aug 2019)

Lord Young of Cookham: This is a matter for the Prudential Regulation Authority (PRA), which is operationally independent from Government. The question has been passed on to the PRA. The PRA will reply directly to Lord Myners by letter. A copy of the letter will be placed in the Library of the House.

Written Answers — Treasury: Taxation: Electronic Government (6 Aug 2019)

Lord Young of Cookham: HM Revenue & Customs (HMRC) delivered Simple Assessment to a small number of customers in 2017. Due to the need to prioritise EU exit, HMRC temporarily suspended further work to extend the service to a larger number of customers. The service remains active for the original user base, and further enhancements are being made this financial year. HMRC are reviewing whether to make further...

Written Answers — Treasury: Paye (6 Aug 2019)

Lord Young of Cookham: Information filed by employers through RTI is applied equally to all relevant customer records. HM Revenue & Customs (HMRC) do not make a distinction between low and high earners when applying rules within tax calculations. Employers who pay all of their employees under the Lower Earnings Limit for National Insurance Contributions (NICs) and have no tax deducted are not required to register...

Written Answers — Treasury: VAT: Tax Evasion (6 Aug 2019)

Lord Young of Cookham: The information requested is not held. HM Revenue & Customs (HMRC) estimate the tax gap, which encompasses fraud for VAT, excise duties and customs duty. However, it is not possible to produce these estimates for online traders based outside the EU, and for fraud originating in China. Tax gaps for VAT, excise duties and other taxes overall are provided in HMRC’s publication ‘Measuring Tax...


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