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Baroness Penn: The pricing of products, including savings accounts, is a commercial matter for firms in which the Government does not intervene. However, the Chancellor has made clear his expectation that savers benefit from rising interest rates. He has tasked the Financial Conduct Authority to report later this month on how the savings market is supporting savers to benefit from higher interest rate.
Andrew Griffith: .... The Chancellor has made clear his expectation for lenders to live up to their responsibilities and support any mortgage borrowers who are finding it tough right now. The Government hopes other firms will do the right thing and sign up to the Mortgage Charter as soon as possible. However, the Government remains committed to the issue of mortgage prisoners, and we are considering the...
Mark Spencer: ...is a cross-Defra effort led by a central co-ordinating team supported by teams from across the department’s five directorates including the department’s specialist policy leads, analysts and lawyers covering all of Defra's policy areas. In addition to Defra’s internal efforts, external lawyers have now been appointed to support cross-Government on delivery of the REUL programme.
the Earl of Minto: ...package announced by the Chancellor in the Autumn Statement will help retailers and small businesses. This comes after the Government reversed the Health and Social Care Levy, enabling smaller firms to reduce their National Insurance bills even further by increasing the Employment Allowance. Furthermore, on 9 January, the Government announced the Energy Bills Discount Scheme. Under the...
Baroness Penn: ...Under FCA rules, insurers are required to handle claims fairly and promptly and settle claims quickly once settlement terms are agreed. The Government supports the FCA taking further action where firms do not meet these expectations. Policyholders who feel that their claim has not been handled fairly may be able to refer the matter to the Financial Ombudsman Service, an independent body...
Andrew Griffith: ...in relation to personal current accounts. Decisions on opening and closing branches are a commercial issue, and the government does not intervene in these. However, the FCA’s guidance expects firms to carefully consider the impact of any planned closure on their customers’ everyday banking and cash access needs and consider possible alternative access arrangements for those who rely...
Andrew Griffith: The pricing of products, including savings accounts, is a commercial matter for firms in which the Government does not intervene. However, the Chancellor has made clear his expectation that savers benefit from rising interest rates. He has tasked the Financial Conduct Authority to report later this month on how the savings market is supporting savers to benefit from higher interest rate.
Andrew Griffith: The pricing of financial products, including on lending and savings products, is a commercial decision for firms, in which the Government does not intervene. The decisions on Bank Rate by the independent Monetary Policy Committee (MPC) at the Bank of England guide commercial banks’ decisions over the retail interest rates they charge on loans and pay on deposits. Nevertheless, we...
Mike Freer: The Legal Aid Agency (LAA) is responsible for commissioning duty solicitor services and the day-to-day administration of the court and police station duty schemes. This includes keeping membership records, allocating slots and producing and maintaining duty solicitor rotas. The LAA monitors membership across individual duty schemes. Information about duty solicitor volumes broken down by...
Lord Ahmad of Wimbledon: ..., Rwanda and the region, where we urge all parties to deliver on their commitments, agreed through the Nairobi and Luanda processes, including the withdrawal by armed groups including M23. The UK firmly believes the regional Nairobi and Luanda diplomatic peace processes provide the best means by which to achieve a lasting peace in eastern DRC and offer them our full support. We will...
Steven Baker: ...etc.) Act 2022. In the absence of an Executive, it is for each Northern Ireland department to manage its funding from within the allocated budget. However, it remains the UK Government’s firm view that the right people to set a budget and make spending decisions are locally elected politicians in a fully functioning devolved administration.
Claire Coutinho: The department is firmly committed to ensuring that children with special educational needs and disabilities (SEND), including those with multi-sensory impairments, receive the support they need to succeed in their early years, at school and at college. High needs funding for children and young people with complex SEND, including those with multi-sensory impairment, will be rising to £10.1...
David Rutley: ...for survivors of Gender Based Violence, psycho-social support and sexual and reproductive health services. Freedom of Religion or Belief (FoRB) is a longstanding priority for the UK and we are firmly committed to the protection of ethnic and religious minorities in Iraq and Syria.
Lord Taylor of Warwick: To ask His Majesty's Government what steps they are taking to consult with industry regulators to investigate firms that are exploiting inflation by increasing prices.
Paul Scully: ...artificial intelligence and machine learning. In May this year, the Prime Minister and I met with leading global AI labs – Anthropic, Google Deepmind, and Open AI, as well as a number of UK-led firms, many of which are doing cutting edge research and development, including the foundation models that underpin popular services such as chatGPT. Engagement has continued since then, and I am...
Amanda Solloway: ...announced new measures to support Britain’s Energy Intensive Industries (EIIs) faced with high electricity prices. The British Industry Supercharger will reduce policy costs by exempting eligible firms from the costs of renewable energy obligations and the GB Capacity Market. It will offer support with network charges and bring an increase in the capacity market exemption, for which we...
Baroness Penn: ...the Government has consulted on the scheme and related issues on a number of occasions. The most recent examples were in 2017, when the Government published the ‘Financing growth in innovative firms’ consultation and in 2018 through the follow up ‘Financing growth in innovative firms: Enterprise Investment Scheme knowledge-intensive fund’, both as part of the Patient Capital Review.
Julian Knight: ...ask the Secretary of State for Justice, with reference to Government grants statistics 2020 to 2021, published on 31 March 2022, what assessment his Department has made of the effectiveness of the Lawtech grant.
Bob Neill: ...the Secretary of State for Justice, if he will make an assessment of the adequacy of the Common Platform for enabling barristers to transfer cases without a transfer being undertaken by a defence solicitor.
David Rutley: The Foreign Secretary's Mansion House speech earlier this year set out the UK's global approach to China. The Foreign Secretary underlined that the UK would be firm in pushing back wherever we judged Chinese actions were against British interests while engaging directly with China, bilaterally and multilaterally, to preserve and create open, constructive, and stable relations reflecting...
