Illegal Money Lending Teams: Finance

(asked on 24th June 2014) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, how much he allocated to the Illegal Money Lending Unit in (a) Scotland, (b) England, (c) Wales and (d) Northern Ireland in each of the last four years up to the most recent period for which figures are available.


Answered by
 Portrait
Jenny Willott
This question was answered on 30th June 2014

Since 1st April 2012 the National Trading Standards Board (NTSB) has been responsible for the Illegal Money Lending Units in England and Wales, and Trading Standards Scotland (TSS) has been responsible for the Illegal Money Lending Unit in Scotland. The NTSB and TSS decide what proportion of their total grant funding (provided by BIS) should be allocated for delivery of these functions. Before April 2012 Government directly funded all three of the Illegal Money lending Teams.

Below are the budgets allocated to the Illegal Money Lending teams over the last four years.

England

Wales

Scotland

2014/15

£3.60m

£0.63m

£0.4m

2013/14

£3.91m

£0.67m

£0.4m

2012/13

£4.13m

£0.59m

£0.38m

2011/12

£4.07m

£0.65m

£0.48m

2010/11

£4.07m

£0.65m

£0.48m

Trading Standards is a devolved matter in Northern Ireland and so it is not possible to provide comparable data.

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