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27 Oct 2003 : Column 41W—continued

National Minimum Wage

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. [133852]

Ruth Kelly: The information requested falls within the responsibility National Statistician. I have asked him to reply.

Letter from Len Cook to Mr. Michael Meacher, dated 27 October 2003:


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Table 1

National Minimum Wage
Period to which minimum wagerate appliesAges18–21 (£)Age 22+ (percentage)
April 1999–May 20003.003.60
June 2000–September 20003.203.60
October 2000–September 20013.203.70
October 2001–September 20023.504.10
October 2002–September 20033.604.20
October 2003–3.804.50

Table 2

Survey dateMinimum wage rate for people aged 22+Average hourly pay of people aged 21+Minimum wage as percentage of average hourly pay (percentage)
April 19993.6010.1334.5
April 20003.6010.6233.9
April 20013.7011.3032.7
April 20024.1011.8634.6
April 20034.2012.1634.5

Net Borrowing

Mr. Flight: To ask the Chancellor of the Exchequer whether he plans to review his forecasts for net borrowing before the forthcoming Pre-Budget Report. [135010]

Ruth Kelly: An interim forecast update for the public finances will be published as usual in the Pre-Budget Report.

Occupied Territories

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. [133958]

John Healey: Duty demands totalling £52,490.61 have been issued to UK importers since 3 April 2003.

Personal Debt

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. [134706]

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Ruth Kelly: The Treasury, the Bank of England and the FSA hold regular meetings in a number of contexts to discuss important economic issues.

Private Finance Initiative

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) 2002–03, (b) 2003–04 and (c) 2004–05. [134006]

Mr. Boateng: PFI/PPP represented 11 per cent. of total investment in public services in 2002–03. Projected figures for investment delivered through PFI/PPP as a proportion of total investment in public services in 2003–04 and 2004–05 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. [134007]

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.

The decision is for the procuring authority and should be made in light of its long-term objectives and the nature of the property involved.

Public Sector Pensions

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. [130884]

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.

Registration (Births)

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. [134584]

Ruth Kelly: The information requested falls within the responsibility of the General Registrar. I have asked him to reply.

Letter from Len Cook to Mr. David Kidney, dated 27 October 2003:

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Relocation (County Durham)

Mr. Cummings: To ask the Chancellor of the Exchequer what representations he has received, and from whom, on relocation of government departments to County Durham. [134652]

Mr. Boateng: The Chancellor of the Exchequer has received three representations about the relocation of public sector activity to the County of Durham. These were submitted by interested individuals.

Retirement (Paid Employment)

Paul Flynn: To ask the Chancellor of the Exchequer how many people who have retired in each of the last five years are still in paid employment. [133491]

Ruth Kelly: The information requested falls within the responsibility of the National Statistician. I have asked him to reply.

Letter from Len Cook to Paul Flynn, dated 27 October 2003:



People over state pension age(12) who are in employment
UK, Thousand, seasonally adjusted

June to AugustMen aged 65+ and women aged 60+
1999806
2000824
2001853
2002874
2003956

(12) 65 for men, 60 for women

Source:

Labour Force Survey (ONS)


Stamp Duty Land Tax

Dr. Cable: To ask the Chancellor of the Exchequer what estimate he has made of the cost to business of implementing the stamp duty land tax regulations; and if he will make a statement. [134550]

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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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