Written Question
Monday 11th September 2017
Asked by:
Lord Benyon (Crossbench - Life peer)
Question
to the HM Treasury:
To ask Mr Chancellor of the Exchequer, for what reasons employees of the management company running the Atomic Weapons Establishment are considered private sector employees for the purpose of pensions but public sector employees for the purpose of the exit payment cap.
Answered by Elizabeth Truss
The exit payment cap will apply to organisations classified as within the public sector by the Office for National Statistics (ONS) with limited exceptions. As AWE [Atomic Weapons Establishment] Management Ltd is classified by the ONS as a public sector organisation it is within scope of the reforms.
Speech in General Committees - Mon 27 Mar 2017
Draft Horserace Betting Levy Regulations 2017
"I want to start by saying how important the issue is for my constituency. I estimate that between 700 and 1,000 jobs relate directly to the racing industry in West Berkshire. We are one of the three big training centres in the country, and the Lambourn valley is, of course, …..."Lord Benyon - View Speech
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Speech in General Committees - Mon 27 Mar 2017
Draft Horserace Betting Levy Regulations 2017
"Does my right hon. and learned Friend also agree that the cost of putting on a day’s racing and complying with all that we now require—on crowd management, health and safety and all of the other good policy changes that have been made for the public’s safety—is extremely burdensome on …..."Lord Benyon - View Speech
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Written Question
Wednesday 7th September 2016
Asked by:
Lord Benyon (Crossbench - Life peer)
Question
to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how much remains in the Libor fines fund; and whether any changes have been made to the criteria for charities to apply for monies from that fund.
Answered by David Gauke
- Full details of LIBOR fines awarded to date by the FCA can be found at the following link:
https://www.the-fca.org.uk/markets/benchmarks/enforcement
All LIBOR fines received between 2012 and the end of the last parliament (May 2015) have been allocated. Details of LIBOR grants awarded in this parliament can be found at the following links:
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/443232/50325_Summer_Budget_15_Web_Accessible.pdf
pages 81 - 82.
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/479749/52229_Blue_Book_PU1865_Web_Accessible.pdf
pages 114 - 115.
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/508193/HMT_Budget_2016_Web_Accessible.pdf
pages 93 - 95.
https://www.gov.uk/government/news/libor-fines-to-be-used-to-support-military-charities-and-royal-voluntary-service
2. In 2012, the former Chancellor announced that “the proceeds from LIBOR fines would be used to support Military and Emergency Services charities and other related good causes that represent those that demonstrate the very best of values”. The Chancellor has invited applications that fall within the scope above for consideration at the Autumn Statement. Full details of the scheme can be found at the following link:
https://www.gov.uk/government/publications/libor-funding-applications
Speech in Commons Chamber - Wed 25 May 2016
Battle of Jutland Centenary
"Will my hon. Friend give way?..."Lord Benyon - View Speech
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Written Question
Thursday 29th January 2015
Asked by:
Lord Benyon (Crossbench - Life peer)
Question
to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of personal allowance increases on those in work.
Answered by David Gauke
The Government has announced successive above inflation increases in the personal allowance this parliament, rising from £6,475 to £10,600 in April 2015 (an increase of 64%).
The increases in the personal allowance since 2010 will reduce income tax paid by typical basic rate taxpayers by £825.
These increases will also reduce income tax paid by someone working full time on the National Minimum Wage by £618.
To date (2014-2015) the increases have benefitted 26 million individuals.
Speech in Commons Chamber - Tue 01 Apr 2014
Finance (No. 2) Bill
"I know it is the Opposition’s job to oppose, but does the hon. Gentleman wonder whether sometimes this is not good politics? He will be getting the same message from his chamber of commerce as I am getting from mine, as well as from hard-working families who are benefiting from …..."Lord Benyon - View Speech
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Speech in Commons Chamber - Thu 24 Oct 2013
Interest Rate Swap Derivatives
"rose—..."Lord Benyon - View Speech
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Speech in Commons Chamber - Thu 24 Oct 2013
Interest Rate Swap Derivatives
"I am grateful to my hon. Friend. Many of these products were sold on the basis of a projection for interest rates to go up. There is a slam dunk case against some of these companies for showing a graph of projected interest rate rises when, of course, the opposite …..."Lord Benyon - View Speech
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