Results 1–20 of 4021 for speaker:Lord Sassoon

British Museum: Ethiopian Sacred Altar Tablets - Question (30 Mar 2022)

Lord Sassoon: My Lords, as a former trustee of the British Museum, may I ask my noble friend the Minister whether he agrees with me that, more generally, museums have a responsibility to be clear about the provenance of contested objects and that the British Museum’s website provides a model of openness and transparency for museums globally on how to deal with, and explain the provenance of, such objects?

National Infrastructure — Motion to Take Note (22 Jan 2015)

Lord Sassoon: My Lords, as the former Commercial Secretary to the Treasury, I am very pleased that the noble Lord, Lord Adonis, has initiated this debate on infrastructure today. I should note that I am currently the chairman of the China-Britain Business Council. This is the first infrastructure debate in which I have spoken from the Back Benches and I will start by congratulating my successor, my noble...

Hong Kong — Question for Short Debate (16 Oct 2014)

Lord Sassoon: My Lords, I declare interests, as recorded in the register of interests, as a member of the committee of the Hong Kong Association, as chairman of the China-Britain Business Council and as a director of Jardine Matheson Holdings and other companies in the Jardines group. I should add that I speak today very much from a business perspective. From a business perspective, Hong Kong is in an...

Written Answers — House of Lords: Benefits ( 9 Jan 2013)

Lord Sassoon: HM Revenue and Customs (HMRC) is responsible for administering child benefit. Child benefit claims forms are available by contacting the child benefit helpline number or, alternatively, customers can complete the form which is available on the HMRC website and post it to HMRC. HMRC also distribute child benefit claim forms through Bounty packs, a free information and samples pack given mainly...

Written Answers — House of Lords: Government Departments: Budgets ( 9 Jan 2013)

Lord Sassoon: Most departmental resource budgets (the resource departmental expenditure limits, excluding ring-fenced depreciation), were reduced at the Autumn Statement, by 1% and 2% in 2013-14 and 2014-15, respectively. The proportion is lower for departments with budgets that continue to be protected, in line with the policy set at the spending review 2010: health (0% in both years); education...

Written Answers — House of Lords: Bank of England ( 8 Jan 2013)

Lord Sassoon: The Chancellor set the Monetary Policy Committee its remit, at Budget 2012, to target inflation of 2%, as measured by the 12-month increase in the consumer prices index. The Government have no plans to change the inflation targeting framework.

Written Answers — House of Lords: Banking ( 8 Jan 2013)

Lord Sassoon: The Financial Services Compensation Scheme will continue to provide protection for up to £85,000 per depositor, per authorised institution. The level of protection is set out in the EU Deposit Guarantee Schemes Directive, which sets a maximum harmonised limit of €100,000. In line with this, the UK limit is £85,000.

Written Answers — House of Lords: Banking: European Central Bank ( 8 Jan 2013)

Lord Sassoon: The Prime Minister's Statement to the House of Commons on 17 December 20121 on the outcome of the December European Council and the Government's Explanatory Memorandum on European Union Documents No. 13682/12, 13683/12 and 12854/12, on the Commission's proposal for a Single Supervisory Mechanism (SSM), set out the following key points: the current allocation of competencies between home and...

Written Answers — House of Lords: Banks: Iceland ( 8 Jan 2013)

Lord Sassoon: The Government expect full recovery of the amount that Iceland is liable for, regarding failed banks. Information on payments in respect of Icelandic banks can be found in Sections 30, 31 and 33 of the Treasury annual reports and accounts 2011-121. During 2011-12, the administrator for Icesave paid out dividends to HM Treasury and the FSCS of £1.3 billion. Of this, £0.4 billion was used by...

Written Answers — House of Lords: Banks: Lending ( 8 Jan 2013)

Lord Sassoon: The amount that banks participating in the Funding for Lending Scheme can borrow from the Bank of England and the fee they pay for it are linked to their lending performance to UK households and businesses. Banks that maintain or increase their net lending pay a fee of 0.25% per year. Banks that decrease lending pay an additional 0.25% for each percentage point reduction in net lending, up to...

Written Answers — House of Lords: Economy ( 8 Jan 2013)

Lord Sassoon: The Government's actions, taken to reduce the deficit and rebuild the economy, have secured stability and positioned the UK as a relative safe haven. Interest rates are near historic lows, benefiting families, businesses and the tax payer. Returning the UK to sustainable, balanced economic growth is the Government's overriding priority.

Written Answers — House of Lords: Energy: Green Deal ( 8 Jan 2013)

Lord Sassoon: The Government have recently commissioned the independent Scientific Integrity Group to review evidence from industry and other sources on the efficacy of voltage optimisation as an energy efficiency measure. The views from this expert group will help with an assessment of the benefits of this technology and its potential for its inclusion within the standard assessment procedure and, in...

Written Answers — House of Lords: Guernsey Financial Services Commission ( 8 Jan 2013)

Lord Sassoon: The Financial Services Authority (FSA) is responsible for the regulation of financial services firms under the powers in the Financial Services and Markets Act (FSMA) 2000. HM Treasury sets the legal framework for the regulation of financial services. The CF Arch Cru matter is complex, involving a number of entities, some regulated by the FSA and some regulated by the Guernsey Financial...

Written Answers — House of Lords: Health: Bounty ( 8 Jan 2013)

Lord Sassoon: The table below sets out the payments made by HM Revenue and Customs to Bounty. Year Amount paid to Bounty £ Number of Child Benefit claim forms distributed 2007-08 112,487.00 706,843 2008-09 125,671.75 774,604 2009-10 143,167.00 852,592 2010-11 126,906.79 888,180 2011-12 90,805.00 901,298 Information on payments that may have been made by other government...

Written Answers — House of Lords: Parliaments: Costs ( 8 Jan 2013)

Lord Sassoon: The table below sets out the annual cost, number of Members and average cost per Member for the House of Commons, House of Lords and European Parliament. Annual cost Number of Members Expenditure per member £ million £ million House of Commons 385 650 0.59 House of Lords 109 821-831 0.13 European Parliament1 1,332 736 1.79 The figures for the House of...

Written Answers — House of Lords: Sudan ( 8 Jan 2013)

Lord Sassoon: Any future debt relief for Sudan would take place as part of a wider reform programme that may be prepared by the IMF and would be subject to decisions made by the boards of the IMF, World Bank and Paris Club, on which the UK Government are represented. This would be subject to the same requirements and obligations as for any other country. It is important that the Government of Sudan...

Written Answers — House of Lords: Taxation: Avoidance ( 8 Jan 2013)

Lord Sassoon: All multinationals plan and manage their tax compliance. The amount of tax they have to pay is affected by a range of factors, including how they arrange their affairs. There are a range of rules designed to ensure that profits earned in the UK are taxed here. HM Revenue & Customs ensures that multinationals pay the tax that is due under UK tax law.


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