Tag: Phil Boswell

The below Parliamentary question was asked by Phil Boswell on 2015-12-11.

To ask Mr Chancellor of the Exchequer, what funding criteria are set for small and medium-sized enterprises applying for a loan under the Funding for Lending Scheme.

Harriett Baldwin

The Bank of England does not lend directly to small and medium sized enterprises as part of the Funding for Lending Scheme (FLS). Under the FLS, the Bank of England provides funding to UK banks and building societies participating in the scheme. The amount of funding participant banks and building societies are eligible to borrow from the Bank of England is determined by their net lending to certain sectors of the economy.

The below Parliamentary question was asked by Phil Boswell on 2016-01-08.

To ask the Secretary of State for Work and Pensions, what assessment he has made of the implications for his polices of the conclusion of the Joseph Rowntree Foundation report, entitled Monitoring Poverty and Social Exclusion 2015, that the number of people in low-income working households has risen from 5.2 million to 6.7 million in the last 10 years.

Priti Patel

The Department carefully considers all relevant publications.

The number of people in in-work relative low income is 200,000 lower than at its peak in 2008/09. Moreover, Universal Credit, our investment in childcare, the National Living Wage, and our increase in the personal tax allowance will support individuals and working households by enabling them to earn more and keep more of what they earn.

The below Parliamentary question was asked by Phil Boswell on 2016-02-05.

To ask the Minister for the Cabinet Office, what his Department’s policy is on when to inform Parliament about changes to pay grades of special advisers in any ministerial department.

Matthew Hancock

Annually.

The below Parliamentary question was asked by Phil Boswell on 2016-04-18.

To ask Mr Chancellor of the Exchequer, what assessment his Department has made on the potential selling price of the Government’s remaining stake in the Royal Bank of Scotland of the implications for the leveraged loans made by that bank to the oil and gas sector of the default rate of companies in that sector on high-yield loans.

Harriett Baldwin

The Government’s shareholding in RBS is managed at arm’s length from HM Treasury by UK Financial Investments (UKFI). However, UKFI’s role is to manage the investment, not the bank. RBS retains its own independent Board of Directors. Commercial decisions such as lending remain the responsibility of the bank’s independent management team and not the Government.

The below Parliamentary question was asked by Phil Boswell on 2016-10-11.

To ask the Secretary of State for Work and Pensions, what criteria determine whether personal independence payment assessors receive financial bonuses in addition to their salary.

Penny Mordaunt

The Department does not prescribe providers with criteria on how they should pay salary or bonuses to their staff. That is purely a commercial decision for the assessment provider.

The below Parliamentary question was asked by Phil Boswell on 2015-12-10.

To ask the Secretary of State for Business, Innovation and Skills, if he will make an assessment of the implications for his policies on social mobility of the findings of research by the Resolution Foundation, set out in its report, The Pinch, published in December 2015, on differences in household wealth between generations; and what steps the Government plans to take to address such differences.

Nick Boles

I note the Resolution Foundation’s work published in December 2015.

This Government is focussed on securing economic prosperity, providing the foundations to support opportunity for all.

Through improved education, work chances, a fairer welfare system and a stronger economy we are aiming to help increase the standard of living for everyone in the UK.

The below Parliamentary question was asked by Phil Boswell on 2016-01-08.

To ask the Secretary of State for Work and Pensions, what assessment he has made of the implications for his polices of the conclusion of the Joseph Rowntree Foundation report, entitled Monitoring Poverty and Social Exclusion 2015, that the proportion of families in the bottom fifth of income distribution with no savings rose to 69 per cent over the last 10 years partly due to the rising cost of living

Priti Patel

The Department carefully considers all relevant publications.

The Prime Minister recently announced that the Government is bringing forward a ‘help to save’ scheme to encourage those on low incomes to build up a rainy day fund. The Government has also taken significant steps to support the credit union movement to help people to save and access responsible credit.

The below Parliamentary question was asked by Phil Boswell on 2016-02-05.

To ask the Minister for the Cabinet Office, how often his Department publishes details of special advisers and their pay grades during a Parliament.

Matthew Hancock

Annually.

The below Parliamentary question was asked by Phil Boswell on 2016-04-20.

To ask the Secretary of State for Work and Pensions, what assessment he has made of the adequacy of funding for core regulatory activities within the Health and Safety Executive in the next three years.

Justin Tomlinson

HSE, like many other public bodies, will deliver further budgetary savings over the next three years. HSE has set out in its 2016/17 Business Plan its priorities and key deliverables up to April 2017, including its commitment to securing effective management and control of risk in GB workplaces. For the longer term it has a financial strategy to deliver the required savings whilst seeking to maintain current levels of its core regulatory activities and sustaining regulatory excellence.

The below Parliamentary question was asked by Phil Boswell on 2016-10-13.

To ask Mr Chancellor of the Exchequer, what estimate he has made of the amount of money lost by UK investors as a result of Providence Bonds and Providence Bonds II being placed in administration in September 2016.

Simon Kirby

The government does not hold this information.