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Tag: Cathy Jamieson

  • Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Cathy Jamieson on 2014-06-04.

    To ask Mr Chancellor of the Exchequer, what recent discussions he has had with the Payments System Regulator on its market study into the ownership of payments systems by the largest banks.

    Andrea Leadsom

    At Budget 2014, the Chancellor announced that the competition powers of the Payment Systems Regulator would be switched on with immediate effect. This enables the Regulator to conduct a market study on ownership of the payment systems and, depending on the outcome, to refer the question of ownership to the Competition and Markets Authority. The decision about whether to commence a market study is one for the Regulator.

  • Cathy Jamieson – 2014 Parliamentary Question to the Department for Work and Pensions

    Cathy Jamieson – 2014 Parliamentary Question to the Department for Work and Pensions

    The below Parliamentary question was asked by Cathy Jamieson on 2014-06-04.

    To ask the Secretary of State for Work and Pensions, what the target waiting time is for work capability assessment for both (a) employment and support allowance and (b) incapacity benefit reassessment; and what proportion of such assessments have been carried out within the target timescale in the last four quarters for which figures are available.

    Mike Penning

    We are working closely with our supplier to deliver the best possible service for claimants, driving up performance and quality to help reduce waiting times and process claims as quickly as possible. We are continuing to monitor and robustly manage this contract.

    We do not have a target timescale for waiting time for an Employment and Support Allowance and Incapacity Benefit Reassessment Work Capability Assessment.

  • Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Cathy Jamieson on 2014-06-18.

    To ask Mr Chancellor of the Exchequer, when he expects to publish the results of the consultations on bail-in order for building societies; and if he will make a statement.

    Andrea Leadsom

    The Government is currently analysing the responses to the consultation on bail-in secondary legislation. Once this review is completed, the Government will publish a summary of the responses and indicate how it plans to proceed.

  • Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Cathy Jamieson on 2014-03-25.

    To ask Mr Chancellor of the Exchequer, what estimate he has made of the number of people who have utilised their full tax-free ISA allowance in each of the last three years in (a) the UK, (b) Scotland and (c) each parliamentary constituency.

    Mr David Gauke

    Until 1 July 2014 there are two allowances for ISAs: a cash and an overall allowance. This answer assumes you are asking about the overall allowance.

    The following table contains the number of individuals who made full use of their (£10,680) ISA allowance in 2011-12 in the UK and in Scotland.

    Country

    Number of individuals (thousands)

    Scotland

    73

    United Kingdom

    1,005

    A breakdown for 2012-13 and 2013-14 is not yet available. Constituency-level statistics are not available.

    As announced at Budget 2014, from 1 July 2014 the overall annual New ISA subscription limit will be increased to £15,000 and can be used for either cash or stocks and shares investments, or any combination of the two, up to this limit.

    This measure will reduce income tax on savings for people constrained by the current limits, improving incentives to save and increasing real household disposable incomes. Over 6 million people are expected to benefit from these increases, including over 5 million adults expected to be constrained by the cash ISA limit.

  • Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Cathy Jamieson on 2014-06-04.

    To ask Mr Chancellor of the Exchequer, when the Prudential Regulatory Authority will report on details of new bank authorisations.

    Andrea Leadsom

    The Prudential Regulation Authority will report on details of new bank authorisations as part of the Annual Report and Accounts.

  • Cathy Jamieson – 2014 Parliamentary Question to the Department for Work and Pensions

    Cathy Jamieson – 2014 Parliamentary Question to the Department for Work and Pensions

    The below Parliamentary question was asked by Cathy Jamieson on 2014-06-04.

    To ask the Secretary of State for Work and Pensions, how many households subject to the benefits cap in (a) each parliamentary constituency and (b) each local authority area in Scotland have received transitional support via discretionary housing payment to date.

    Esther McVey

    The information requested is not available.

  • Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    Cathy Jamieson – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Cathy Jamieson on 2014-06-18.

    To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 11 June 2014, Official Report, column 160W, on venture capital, what steps he has taken to support crowdfunding and peer-to-peer (a) lending to and (b) investment in small businesses; and if he will assess the value of such forms of finance to the small and medium-size sector.

    Andrea Leadsom

    Crowdfunding and peer to peer lending are innovative new forms of finance that support competition in the business lending sector.

    The Government has taken a number of steps to support their growth, including bringing peer to peer lending within the scope of the Financial Conduct Authority (FCA), and announcing that the range of products that can be held in stocks and shares ISAs will be expanded to include loans made through peer to peer platforms.

    The Government also operates two tax-advantaged venture capital schemes which are used by equity crowdfunding investors; the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS).

    The Government has not made any assessment of the value of investment in small and medium sized businesses from peer to peer lending and crowdfunding platforms.