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27 Oct 2003 : Column 41Wcontinued
Mr. Meacher: To ask the Chancellor of the Exchequer when the national minimum wage was introduced; what the level was; what the (a) level and (b) date was of each increase; and what each of these levels was as a percentage of the national average wage. 
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|National Minimum Wage|
|Period to which minimum wagerate applies||Ages1821 (£)||Age 22+ (percentage)|
|April 1999May 2000||3.00||3.60|
|June 2000September 2000||3.20||3.60|
|October 2000September 2001||3.20||3.70|
|October 2001September 2002||3.50||4.10|
|October 2002September 2003||3.60||4.20|
|Survey date||Minimum wage rate for people aged 22+||Average hourly pay of people aged 21+||Minimum wage as percentage of average hourly pay (percentage)|
Richard Burden: To ask the Chancellor of the Exchequer what estimate he has made of the total duty levied on goods marked as made in Israel but which originate from the Occupied Territories since the Treasury Statement of 3 April. 
Dr. Cable: To ask the Chancellor of the Exchequer what meetings have taken place in the last three months between the Treasury, the Bank of England and the Financial Services Authority to discuss (a) the sustainability of consumer debt and (b) house prices and mortgage lending. 
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Mr. Streeter: To ask the Chancellor of the Exchequer what estimate he has made of the percentage of all new capital assets used by the public sector and provided by private finance initiative in (a) 200203, (b) 200304 and (c) 200405. 
Mr. Boateng: PFI/PPP represented 11 per cent. of total investment in public services in 200203. Projected figures for investment delivered through PFI/PPP as a proportion of total investment in public services in 200304 and 200405 are 11 per cent. and 8 per cent. respectively.
Mr. Streeter: To ask the Chancellor of the Exchequer whether in a private finance initiative contract including the use of physical property the property is retained by the private sector at the conclusion of the contract. 
Mr. Boateng: The guidance issued by the Office of Government Commerce on the Standardisation of PFI Contracts makes clear that procuring authorities should consider whether or not retaining physical property at the conclusion of a contract offers the best value for money available.
Mr. Flight: To ask the Chancellor of the Exchequer in relation to the estimation of the cost of pensions under the Whole of Government Accounts, what excess of the discount rate over the rate of price inflation has been applied to future liabilities; and what the typical corresponding rate is that is used by the private sector under FRS17. 
Ruth Kelly: In my answer of 14 October 2003, Official Report, column 5W, I said on advice that the majority of private sector schemes reporting under FRS17 used a discount rate clustered around 5.6 per cent. real. I have since been advised that this rate is, in fact, the nominal discount rate. The average real rate underlying this rate is 3.3 per cent. I very much regret having inadvertently given incorrect information in my earlier answer.
Mr. Kidney: To ask the Chancellor of the Exchequer what progress he has made in establishing a ceremony for the registration of births of children which records the mutual rights and responsibilities of the parents and the state. 
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|June to August||Men aged 65+ and women aged 60+|
(12) 65 for men, 60 for women
Labour Force Survey (ONS)
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Ruth Kelly: Businesses will notice little change in complying with the Stamp Duty Land Tax regulations as liability to Stamp Duty Land Tax should be reported and duty paid, as now, within 30 days of completion. The key change of Stamp Duty Land Tax will be that liability is notified by the completion of a Land
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Transaction Return. This removes the need to send documents to the Inland Revenue for the purposes of stamping. In addition, the regulations provide for the abolition of stamp duty on transactions involving property other than land, shares and interests in partnerships. This de-regulation will take many transactions out of stamp duty altogether.
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