Author: admin

  • Nigel Huddleston – 2016 Parliamentary Question to the HM Treasury

    Nigel Huddleston – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Nigel Huddleston on 2016-01-13.

    To ask Mr Chancellor of the Exchequer, what recent steps he has taken to widen access to basic bank accounts.

    Harriett Baldwin

    Improving access to banking services is central to the Government’s agenda. I am therefore delighted that the nine largest personal current account providers in the UK have been offering new basic bank accounts since January 2016.

    For the first time, truly fee-free basic bank accounts are available for anyone who doesn’t have an account, or can’t use their account due to financial difficulty.

  • Kate Osamor – 2016 Parliamentary Question to the HM Treasury

    Kate Osamor – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Kate Osamor on 2016-01-13.

    To ask Mr Chancellor of the Exchequer, if he will make an assessment of the implications for his policies of the Financial Conduct Authority’s decision to end its review into HSBC.

    Harriett Baldwin

    The FCA are operationally independent of Government. They are responsible for deciding how to carry out their functions, and for assessing the implication of their actions.

  • Marion Fellows – 2016 Parliamentary Question to the HM Treasury

    Marion Fellows – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Marion Fellows on 2016-01-13.

    To ask Mr Chancellor of the Exchequer, if he will take fiscal steps to support exports by SMEs.

    Mr David Gauke

    The government has provided significant support to first time exporters, many of whom are Small and Medium Enterprises.

    A significant package was announced at Autumn Statement 2014, and funding for this initiative was continued at Spending Review 2015.

  • James Berry – 2016 Parliamentary Question to the HM Treasury

    James Berry – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by James Berry on 2016-01-13.

    To ask Mr Chancellor of the Exchequer, what steps he is taking to widen access to financial advice.

    Harriett Baldwin

    Last year the Government and the Financial Conduct Authority (FCA) jointly launched the Financial Advice Market Review. The Review is exploring how the UK’s financial advice market is operating for consumers, and what more can be done to ensure they have the access they need to high-quality, affordable advice so they can make informed decisions with their hard earned money. The Review will report ahead of Budget 2016.

  • Mark Field – 2016 Parliamentary Question to the Ministry of Justice

    Mark Field – 2016 Parliamentary Question to the Ministry of Justice

    The below Parliamentary question was asked by Mark Field on 2016-01-12.

    To ask the Secretary of State for Justice, how many prosecutions for human trafficking resulted in a conviction between 1 August 2015 and 1 January 2016; and how many orders made for victim compensation as a result of such convictions resulted in payments (a) by convicted traffickers and (b) at a cost to the public purse.

    Mike Penning

    Statistics for prosecutions and convictions for 2015, including those for offences defined as human trafficking, are planned for publication in May 2016.

    Overall court proceedings data for offences defined as human trafficking in England and Wales from 2004 to 2014 are published here.

    https://www.gov.uk/government/statistics/criminal-justice-system-statistics-quarterly-december-2014

    The Criminal Injuries Compensation Authority cannot provide data on the compensation it has awarded to victims of a particular crime type. This is because it awards compensation in line with the Criminal Injuries Compensation Scheme tariff of injuries rather than the type of incident that led to those injuries.

    “

  • Jim Shannon – 2016 Parliamentary Question to the Attorney General

    Jim Shannon – 2016 Parliamentary Question to the Attorney General

    The below Parliamentary question was asked by Jim Shannon on 2016-01-12.

    To ask the Attorney General, whether he has had discussions with his Northern Ireland counterparts on the recent case of Pastor James McConnell.

    Robert Buckland

    The Attorney General and I have not had any discussions on Pastor McConnell’s case with the Attorney General for Northern Ireland or the Public Prosecution Service. The decision to prosecute was a matter for the Public Prosecution Service.

  • Bill Esterson – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

    Bill Esterson – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Bill Esterson on 2016-01-12.

    To ask the Secretary of State for Business, Innovation and Skills, which 10 companies owed the greatest amount of late payment debt to SMEs in each six-month period of the last 10 years.

    Anna Soubry

    The Department does not hold the information required. However, BACS data shows that small and medium businesses are owed a total of £26.8 billion, and the average small business is waiting for £31,900 in overdue payments.[1]

    The Government recognises that late payment remains an important issue for small businesses in the UK and is taking significant steps to assist small businesses to recover late payment debts. This is part of a package of measures to tackle late payment. We have also legislated for new transparency measures in the public and private sectors.

    The Small Business Enterprise and Employment Act 2015 legislated for new reporting requirement on the UK’s largest companies and Regulations will be introduced this year which will compel larger companies to report on payment practices and performance. This information will be published on a six-monthly basis and will be made publicly available.

    The Public Contracts Regulations 2015 introduced a requirement for all public-sector buyers to publish annually, from 2017, their liability to debt interest payments. In central government we have gone further and faster. We will be publishing against these requirements quarterly from April this year. This will allow full public scrutiny of payment performance.

    Through the Enterprise Bill, currently before Parliament, we will legislate to establish a Small Business Commissioner to give general advice and to help small businesses resolve disputes relating to payment matters with larger businesses.

    Tackling late payment is about creating a responsible payment culture where larger companies recognise the benefit of having a sustainable and robust supply chain, and smaller businesses feel able to challenge poor behaviour. Once implemented, the Government is confident that these measures will lead to significant changes in the UK’s payment culture.

    [1] BACS Data June 2015.

  • Bill Esterson – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

    Bill Esterson – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Bill Esterson on 2016-01-12.

    To ask the Secretary of State for Business, Innovation and Skills, how many SMEs have been declared bankrupt as a result of late payments in each of the last 10 years.

    Anna Soubry

    The Department does not hold the information required. However, BACS data shows that small and medium businesses are owed a total of £26.8 billion, and the average small business is waiting for £31,900 in overdue payments.[1]

    The Government recognises that late payment remains an important issue for small businesses in the UK and is taking significant steps to assist small businesses to recover late payment debts. This is part of a package of measures to tackle late payment. We have also legislated for new transparency measures in the public and private sectors.

    The Small Business Enterprise and Employment Act 2015 legislated for new reporting requirement on the UK’s largest companies and Regulations will be introduced this year which will compel larger companies to report on payment practices and performance. This information will be published on a six-monthly basis and will be made publicly available.

    The Public Contracts Regulations 2015 introduced a requirement for all public-sector buyers to publish annually, from 2017, their liability to debt interest payments. In central government we have gone further and faster. We will be publishing against these requirements quarterly from April this year. This will allow full public scrutiny of payment performance.

    Through the Enterprise Bill, currently before Parliament, we will legislate to establish a Small Business Commissioner to give general advice and to help small businesses resolve disputes relating to payment matters with larger businesses.

    Tackling late payment is about creating a responsible payment culture where larger companies recognise the benefit of having a sustainable and robust supply chain, and smaller businesses feel able to challenge poor behaviour. Once implemented, the Government is confident that these measures will lead to significant changes in the UK’s payment culture.

    [1] BACS Data June 2015.

  • Bill Esterson – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

    Bill Esterson – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Bill Esterson on 2016-01-12.

    To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the cost to the UK economy of late payments to SMEs in each of the last five years.

    Anna Soubry

    The Department does not hold the information required. However, BACS data shows that small and medium businesses are owed a total of £26.8 billion, and the average small business is waiting for £31,900 in overdue payments.[1]

    The Government recognises that late payment remains an important issue for small businesses in the UK and is taking significant steps to assist small businesses to recover late payment debts. This is part of a package of measures to tackle late payment. We have also legislated for new transparency measures in the public and private sectors.

    The Small Business Enterprise and Employment Act 2015 legislated for new reporting requirement on the UK’s largest companies and Regulations will be introduced this year which will compel larger companies to report on payment practices and performance. This information will be published on a six-monthly basis and will be made publicly available.

    The Public Contracts Regulations 2015 introduced a requirement for all public-sector buyers to publish annually, from 2017, their liability to debt interest payments. In central government we have gone further and faster. We will be publishing against these requirements quarterly from April this year. This will allow full public scrutiny of payment performance.

    Through the Enterprise Bill, currently before Parliament, we will legislate to establish a Small Business Commissioner to give general advice and to help small businesses resolve disputes relating to payment matters with larger businesses.

    Tackling late payment is about creating a responsible payment culture where larger companies recognise the benefit of having a sustainable and robust supply chain, and smaller businesses feel able to challenge poor behaviour. Once implemented, the Government is confident that these measures will lead to significant changes in the UK’s payment culture.

    [1] BACS Data June 2015.

  • Bill Esterson – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

    Bill Esterson – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Bill Esterson on 2016-01-12.

    To ask the Secretary of State for Business, Innovation and Skills, how much on average was owed in late payment debt to SMEs in each of the last 10 years.

    Anna Soubry

    The Department does not hold the information required. However, BACS data shows that small and medium businesses are owed a total of £26.8 billion, and the average small business is waiting for £31,900 in overdue payments.[1]

    The Government recognises that late payment remains an important issue for small businesses in the UK and is taking significant steps to assist small businesses to recover late payment debts. This is part of a package of measures to tackle late payment. We have also legislated for new transparency measures in the public and private sectors.

    The Small Business Enterprise and Employment Act 2015 legislated for new reporting requirement on the UK’s largest companies and Regulations will be introduced this year which will compel larger companies to report on payment practices and performance. This information will be published on a six-monthly basis and will be made publicly available.

    The Public Contracts Regulations 2015 introduced a requirement for all public-sector buyers to publish annually, from 2017, their liability to debt interest payments. In central government we have gone further and faster. We will be publishing against these requirements quarterly from April this year. This will allow full public scrutiny of payment performance.

    Through the Enterprise Bill, currently before Parliament, we will legislate to establish a Small Business Commissioner to give general advice and to help small businesses resolve disputes relating to payment matters with larger businesses.

    Tackling late payment is about creating a responsible payment culture where larger companies recognise the benefit of having a sustainable and robust supply chain, and smaller businesses feel able to challenge poor behaviour. Once implemented, the Government is confident that these measures will lead to significant changes in the UK’s payment culture.

    [1] BACS Data June 2015.