Mentions:
1: Kevan Jones (Lab - North Durham) Member for Bassetlaw at the time, and I exposed the greed of not only the lawyers but, sadly, some trade unions—in - Speech Link
Asked by: Mohammad Yasin (Labour - Bedford)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of changing the terms of the Financial Services Compensation Scheme to (a) protect savers when (i) banks and (ii) building societies merge and (b) increase the level of protection for accounts that originated under separate banking licences.
Answered by Bim Afolami - Economic Secretary (HM Treasury)
The Financial Services Compensation Scheme (FSCS) carries out its deposit protection function within rules set by the Prudential Regulation Authority (PRA). Under PRA rules, customer deposits held by authorised banks, building societies and credit unions in UK establishments are protected by the FSCS up to £85,000 per person, per banking licence. Under PRA rules, if there is a merger, the relevant firm must normally inform depositors at least one month before it takes effect. They must then give depositors three months to withdraw or transfer any deposit balances above the FSCS compensation limit without incurring penalties.
The PRA is required to review the deposit protection limit every five years, with the next review due to occur by 2025.
Apr. 17 2024
Source Page: Immigration Rules archive: 11 March 2024 to 3 April 2024Found: under the State Pension Credit Act 2002; or child tax credit and working tax credit under Part 1 of
Mentions:
1: Nigel Huddleston (Con - Mid Worcestershire) The 70 new regulations from the deputy leader of the Labour party and the unions would ban flexible working - Speech Link
2: Richard Fuller (Con - North East Bedfordshire) The UK is growing faster on average than other countries, and he needs to give some credit for that rather - Speech Link
3: Drew Hendry (SNP - Inverness, Nairn, Badenoch and Strathspey) Conduct Authority, 7.4 million people across the UK are“heavily burdened by their domestic bills and credit - Speech Link
4: Nickie Aiken (Con - Cities of London and Westminster) across the country.First, clause 16 amends the Corporation Tax Act 2009 to permanently set the rate of credit - Speech Link
5: Gareth Davies (Con - Grantham and Stamford) For example, we know that under Labour’s embattled deputy leader and the trade unions, 70 new regulations - Speech Link
Mentions:
1: Lord Bassam of Brighton (Lab - Life peer) Trade unions take up causes on behalf of their membership at large. - Speech Link
2: Lord Clement-Jones (LD - Life peer) Quite often, to give them some credit, they listen to what the DPRRC has to say and I hope that on this - Speech Link
3: None If your identity is stolen, you can lose money and may find it difficult to get loans, credit cards or - Speech Link
4: None methods to find out your personal information and will then use it to open bank accounts, take out credit - Speech Link
Apr. 16 2024
Source Page: UK Government to tackle global financial corruptionFound: goods being valued at different prices due to exchange rate volatility); and trade recording in customs unions
Mentions:
1: Claire Coutinho (Con - East Surrey) mad plans to decarbonise the grid by 2030, which, let me be clear, are not backed by industry, the unions - Speech Link
Mentions:
1: Lisa Cameron (Con - East Kilbride, Strathaven and Lesmahagow) That is a real credit to the work that has been done. - Speech Link
2: Seema Malhotra (LAB - Feltham and Heston) with what is needed on the ground through the local skills improvement plans, working with employers, unions - Speech Link
Mentions:
1: Huw Merriman (Con - Bexhill and Battle) support the workforce over many months, and continue to do so.While Alstom is currently consulting its unions - Speech Link
2: Huw Merriman (Con - Bexhill and Battle) I could not credit them enough for the amount of work that has gone in on their side, and for doing it - Speech Link
3: Paul Howell (Con - Sedgefield) I have met the unions—I have met Unite several times—and I will continue to do so. - Speech Link
4: Huw Merriman (Con - Bexhill and Battle) As I have already stated, I have met the Alstom unions myself—I am always very happy to meet the unions - Speech Link
Mentions:
1: Lord Trevethin and Oaksey (XB - Excepted Hereditary) There is nothing resembling the jurisdiction in the consumer credit legislation, which gives the court - Speech Link
2: Lord Stewart of Dirleton (Con - Life peer) That prompted me to recollect the importance of associations such as trade unions and others in providing - Speech Link