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Tag: William Bain

  • William Bain – 2014 Parliamentary Question to the HM Treasury

    William Bain – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by William Bain on 2014-04-07.

    To ask Mr Chancellor of the Exchequer, if he will estimate the average net change in household income, taking account of consequential changes to benefits and tax credits, for (a) single earner households (i) without children, (ii) with one child and (iii) with two or more children and (b) two-earner couple households (i) without children, (ii) with one child and (iii) with two or more children in receipt of universal credit or other tax credits or in-work benefits as a result of the increase in the personal allowance in (1) 2014-15, (2) 2015-16 and (3) 2016-17.

    Nicky Morgan

    This information is not available, as the requested breakdowns have not been collated in this way.

    The Government routinely publishes distributional analysis of the cumulative impact of all its measures – which includes any offsetting reductions to benefits as a result of changes to tax – in the “Impact on Households” document, the most recent of which accompanied Budget 2014.

  • William Bain – 2014 Parliamentary Question to the HM Treasury

    William Bain – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by William Bain on 2014-04-07.

    To ask Mr Chancellor of the Exchequer, what discussions he has held with financial institutions based in the UK in respect of improving tax transparency in other jurisdictions in which they or their subsidiaries operate.

    Mr David Gauke

    The Government carried out a formal consultation, starting in September 2013, on the Capital Requirements Directive’s tax transparency proposals for financial institutions which require country-by-country reporting. The records of the consultation are publicly available.

  • William Bain – 2014 Parliamentary Question to the HM Treasury

    William Bain – 2014 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by William Bain on 2014-04-30.

    To ask Mr Chancellor of the Exchequer, which meetings or telephone calls have taken place between Ministers and officials in his Department and (a) the Abu Dhabi Investment Authority, (b) BlackRock, (c) Capital Research, (d) Fidelity Worldwide, (e) GIC, (f) Henderson, (g) JP Morgan, (h) Kuwait Investment Office, (i) Lansdowne Partners, (j) Lazard Asset Management, (k) Och Ziff, Schroders, (l) Soros, (m) Standard Life, (n) Third Point and (o) Threadneedle since 2010 and what was discussed in any such discussions.

    Andrea Leadsom

    Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery.

    Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at:

    https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel

    Details of officials’ meetings with external organisations are not held centrally and it would entail disproportionate cost to collate this information.

    “

  • William Bain – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    William Bain – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by William Bain on 2014-04-30.

    To ask the Secretary of State for Business, Innovation and Skills, what meetings or telephone calls have taken place between Ministers and officials in his Department with (a) the Abu Dhabi Investment Authority, (b) BlackRock, (c) Capital Research, (d) Fidelity Worldwide, (e) GIC, (f) Henderson, (g) JP Morgan, (h) Kuwait Investment Office, (i) Lansdowne Partners, (j) Lazard Asset Management, (k) Och Ziff, Schroders, (l) Soros, (m) Standard Life, (n) Third Point and (o) Threadneedle in relation to the flotation of the Royal Mail since May 2010; and what was discussed in such meetings.

    Michael Fallon

    Neither Ministers in the Department for Business, Innovation and Skills nor officials have discussed the Royal Mail flotation with any of these investors.

  • William Bain – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    William Bain – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by William Bain on 2014-04-30.

    To ask the Secretary of State for Business, Innovation and Skills, which priority investors in Royal Mail have subsequently sold all or part of their holdings of shares since the date of flotation; and what estimate he has made of the level of profits made in each case.

    Michael Fallon

    Maintained by Royal Mail and is subject to uncertainties (e.g. funds can hold their shares through a range of nominees/custodians).

    Based on the Bloomberg register dated 23rd April, we estimate that more than half of the pilot fishing investors allocated shares remain invested and that they hold shares equal to more than 50% of their combined allocations.

    Given that the timings of sales and purchases are not available on a fund by fund basis, the Department does not know, and has not made any estimate, of any profits made by these investors (other than Lazard Asset Management whose representative told the Public Accounts Committee on 30 April the level of profit it made on the sale of Royal Mail shares for its clients).

  • William Bain – 2014 Parliamentary Question to the Cabinet Office

    William Bain – 2014 Parliamentary Question to the Cabinet Office

    The below Parliamentary question was asked by William Bain on 2014-05-13.

    To ask the Minister for the Cabinet Office, how many staff are employed in each Government department in each parliamentary constituency in Scotland.

    Mr Nick Hurd

    It has not proved possible to respond to the hon. Member in the time available before Prorogation