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  • Karl McCartney – 2016 Parliamentary Question to the HM Treasury

    Karl McCartney – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Karl McCartney on 2016-02-04.

    To ask Mr Chancellor of the Exchequer, if he will make an assessment of the effect on motor insurance premiums of the recent increase in insurance premium tax.

    Harriett Baldwin

    Insurers must pay IPT on the value of premiums received for general insurance. If insurers pass on the full rate increase to their customers, the impact on premiums would be an increase of only 3.5%.

    Tax forms only a small part of the cost of motor insurance. Other factors include competition, the volume of low value personal injury claims and fraud. The government has taken steps to crack down on the fraud and claims culture such as announcing at Autumn Statement 2015 proposals to end the right to cash compensation for minor whiplash injuries. The government expects the insurance industry to pass an average saving of £40 to £50 per motor insurance policy on to consumers.

    The government also encourages consumers to shop around for the most suitable cover at the best price.

  • Karl McCartney – 2016 Parliamentary Question to the Ministry of Justice

    Karl McCartney – 2016 Parliamentary Question to the Ministry of Justice

    The below Parliamentary question was asked by Karl McCartney on 2016-02-04.

    To ask the Secretary of State for Justice, if he will make an assessment of the effect of third party capture on motor insurance premiums.

    Dominic Raab

    The Government is determined to crack down on fraud and the compensation culture.

    The Government recognises that offers to settle made to claimants without medical evidence may encourage opportunistic and fraudulent claims. The Government introduced new court rules in October 2014 to discourage such offers and we continue to keep the matter of third party capture, including the impacts on motor premiums, under review.

  • Nicholas Soames – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

    Nicholas Soames – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Nicholas Soames on 2016-02-04.

    To ask the Secretary of State for Business, Innovation and Skills, which projects in the South East have received European Commission funding in each of the last five years; and how much each such project received in such funding in each such year.

    Anna Soubry

    A full list of all the projects funded by European Regional Development Fund and European Social Fund in the South East since 2007 are provided on the GOV.UK site.

    The total value of grants awarded to organisations in the South East from the Seventh Framework Programme (FP7) 2007-2013 was €1,175.3 million (figure correct at 11/11/2015). The total value of grants awarded to organisations in the South East under the Horizon 2020 (2014-2020) programme is €246.5 million (figure correct at 29/10/2015). The figures for both programmes include grants that were awarded under the complementary Euratom research and training activities programme.

  • Karl McCartney – 2016 Parliamentary Question to the Ministry of Justice

    Karl McCartney – 2016 Parliamentary Question to the Ministry of Justice

    The below Parliamentary question was asked by Karl McCartney on 2016-02-04.

    To ask the Secretary of State for Justice, if he will take steps to end the offering of compensation in personal injury claims when there is no medical evidence.

    Dominic Raab

    The Government is determined to crack down on fraud and the compensation culture.

    The Government recognises that offers to settle made to claimants without medical evidence may encourage opportunistic and fraudulent claims. The Government introduced new court rules in October 2014 to discourage such offers and we continue to keep the matter of third party capture, including the impacts on motor premiums, under review.

  • Gavin Newlands – 2016 Parliamentary Question to the Cabinet Office

    Gavin Newlands – 2016 Parliamentary Question to the Cabinet Office

    The below Parliamentary question was asked by Gavin Newlands on 2016-02-04.

    To ask the Minister for the Cabinet Office, how much the Government has spent on debt collection activity in each of the last seven years.

    Matthew Hancock

    This information is not held centrally. Individual departments are responsible for managing their own debt.

  • Geoffrey Clifton-Brown – 2016 Parliamentary Question to the HM Treasury

    Geoffrey Clifton-Brown – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Geoffrey Clifton-Brown on 2016-02-04.

    To ask Mr Chancellor of the Exchequer, for what reason trade statistics are collected on a different basis by HM Revenue and Customs and the Office for National Statistics; and what plans the Government has to align the collection of such data.

    Mr David Gauke

    HM Revenue and Customs (HMRC) is required to collect trade in goods statistics by EU legislation. This legislation sets out the detail and frequency of the data to be collected and provided to the EU Commission.

    Council Regulation (EC) No 471/2009 and Commission Regulations (EU) No 92/2010 and No 113/2010 set out the requirement for HMRC to collect trade in goods statistics between the UK and non-EU countries. Council Regulation (EC) No 638/2004 and Commission Regulation (EC) No 1982/2004 sets out the requirement to collect the corresponding statistics between the UK and other EU Member States.

    HMRC provides trade in goods data to the Office for National Statistics (ONS). As required by the sixth edition of the International Monetary Fund’s Balance of Payments Manual (BPM6) and the European System of Natural and Regional Accounts (ESA 2010), National Accounts and Balance of Payments also include trade in services. The ONS collects this data.

  • Dame Angela Watkinson – 2016 Parliamentary Question to the HM Treasury

    Dame Angela Watkinson – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Dame Angela Watkinson on 2016-02-04.

    To ask Mr Chancellor of the Exchequer, what information he holds on the reasons why the Financial Conduct Authority has not made use of the powers granted to it under sections 382 and 384 of the Financial Services and Markets Act 2000 to require restitution from parties who by breaking regulatory requirements cause less to others.

    Harriett Baldwin

    The issues raised are a matter for the Financial Conduct Authority (FCA) who are operationally independent from Government.

    The questions have been passed on to the FCA. The FCA will reply directly to the Honorable Member by letter. A copy of the letter will be placed in the Library of the House.

  • Christopher Chope – 2016 Parliamentary Question to the HM Treasury

    Christopher Chope – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Christopher Chope on 2016-02-04.

    To ask Mr Chancellor of the Exchequer, whether his Department plans to put measures in place to provide that the proposed higher rate stamp duty land tax will not apply when a purchaser who owns more than one property is replacing a main residence.

    Mr David Gauke

    The Government intends that a purchaser who is replacing a main residence (even if owning more than one property) will not be subject to the higher rates of SDLT on purchases of additional properties. A consultation has recently concluded on the higher rates and the final policy design will be confirmed at Budget 2016.

  • Gordon Marsden – 2016 Parliamentary Question to the HM Treasury

    Gordon Marsden – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Gordon Marsden on 2016-02-04.

    To ask Mr Chancellor of the Exchequer, what progress officials in his Department have made on incorporating the proceeds of the £227 million fine imposed on Deutsche Bank in relation to their Libor activities into a new three-year fund to create 50,000 apprenticeships.

    Greg Hands

    This government will be spending twice as much in cash terms on apprenticeships by 2020 compared to 2010. Spending on apprenticeships in England will be £2.5bn in 2019-20. The BIS spending review settlement for apprenticeships reflects the government’s commitment regarding the proceeds of the Libor fine the FCA announced in April 2015. Further announcements that support the government’s commitment to delivering employment opportunities for young people will be announced in due course.

  • Jamie Reed – 2016 Parliamentary Question to the HM Treasury

    Jamie Reed – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Jamie Reed on 2016-02-04.

    To ask Mr Chancellor of the Exchequer, whether the planned business rate reforms announced in the 2015 Summer Budget have been amended.

    Mr David Gauke

    Autumn Statement 2015 confirmed that the business rates review will report at Budget 2016. The review will be fiscally neutral.