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11 Oct 2005 : Column 438W—continued

Government Debt

Sarah Teather: To ask the Chancellor of the Exchequer what proportion of UK Government debt was raised in sterling; what currencies the remainder was raised in; how much was raised in each; how the exchange risk is managed; and if he will make a statement. [16333]

Mr. Ivan Lewis: The following table sets out the gross nominal liabilities of the national loans fund (formerly known as the national debt) broken down by currency as at 25 August 2005.
Gross nominal liabilities of the national loans fund

CurrencyAmount (£ billion)Percentage of total
Sterling449.1199.6
Canadian dollar0.030.0
US dollar1.790.4
Euro0.0010.0
Total(1)450.93100.0


(1) Figures may not sum due to rounding


UK Government foreign currency borrowing accounts for 0.4 percent. of total borrowing. The majority of this foreign currency borrowing relates to a US dollar bond issued in June 2003. All the money raised from UK Government foreign currency borrowing is used to finance foreign currency assets held in the exchange equalisation account (EEA). Exchange rate risk is managed by either purchasing assets of the same currency as the liabilities with which they are associated or by using foreign currency swaps to match the currency exposure of the assets with the liabilities.

Non-oil Gross Value

Mr. Philip Hammond: To ask the Chancellor of the Exchequer if he will publish the estimates for each quarter since Q1 1997 of (a) actual non-oil gross value added and (b) non-oil gross value added if it had grown according to trend, that underpin chart 4.1 of the Treasury publication, Evidence on the UK Economic Cycle. [16335]

John Healey: The trend rate of growth assumed in the 'post-30 June revisions' line of chart 4.1 of the Treasury publication 'Evidence on the UK economic cycle' is the average rate of growth of non-oil gross value added between the estimated on-trend points in 1997H1 and 2001Q3, and the assumed rate of 2¾ percent. a year thereafter. The requested information is as follows:

Actual non-oil GVA
Trend non-oil GVA as assumed in chart 4.1
1997
Q1195079195126
Q2196273196434
Q3197714197957
Q4199984199493
1998
Q1201500201040
Q2202783202600
Q3204932204172
Q4206770205756
1999
Q1207704207352
Q2208916208960
Q3210816210581
Q4213520212215
2000
Q1216553213861
Q2218297215520
Q3220323217192
Q4221337218877
2001
Q1222860220575
Q2223471222286
Q3224010224010
Q4225004225534
2002
Q1226058227069
Q2226797228615
Q3228729230170
Q4229405231737
2003
Q1231004233314
Q2232316234901
Q3234758236500
Q4237208238109
2004
Q1239413239730
Q2241085241361
Q3242175243004
Q4243574244657
2005
Q1244539246322

 
11 Oct 2005 : Column 439W
 

Taxation

Mr. Love: To ask the Chancellor of the Exchequer what proportion of gross salary was paid in tax for each decile of income in each year from 1979; and if he will make a statement. [10411]

Dawn Primarolo: The information for taxpaying employees is in the table. Information for earlier years is not readily available.
Percentage of gross salary paid in tax by each decile

Deciles ranked by
salary
1998–991999–20002000–012001–022002–03
Bottom65556
2nd86666
3rd1110101010
4th1312121212
5th1514131313
6th1615151515
7th1716161616
8th1717161616
9th1818181818
Top2928282828
Average1919191918

Estimates are based on the Survey of Personal Incomes (SPI) and 2002–03 is the latest survey year.
 
11 Oct 2005 : Column 440W
 

The survey is based on information held by the HM Revenue and Customs tax offices on persons who are liable to UK tax.

These estimates exclude information on working families' tax credits (now replaced by working tax credit) and employees with earnings below the tax threshold—both of which enhance the progressivity of the tax system.

Tsunami Appeal

Mrs. Villiers: To ask the Chancellor of the Exchequer how much tax the Government have received from the tsunami appeal (a) in total and (b) broken down by individual taxes. [16858]

Mr. Ivan Lewis: Charities do not pay tax on donations they receive, but many fund-raising events for the tsunami appeal were subject to VAT.

In January the Chancellor of the Exchequer announced that the Treasury would make a special contribution to the Disasters Emergency Committee (DEC) to match the VAT collected on fund-raising events and sales. In August, having collected information on the amount of VAT raised on tsunami related fundraising events, the Treasury made a donation of £2 million to the DEC. This was in addition to the minimum of £15 million the DEC estimates has been given in tax relief on public contributions to the appeal made through the Gift Aid scheme.

Gift Aid, enables charities to reclaim the basic rate tax on donations they receive, adding 28p to every £1 donated. The donor must give the charity a declaration that they want their donation to be subject to Gift Aid.

DEFENCE

FRES

Mr. Gerald Howarth: To ask the Secretary of State for Defence when he expects the Future Rapid Effects System to complete its assessment phase; and what he expects the final costs of this phase to be. [15406]

Mr. Ingram: The initial assessment phase is scheduled to complete in November 2006 at an estimated cost of £113 million. As with all projects, however, completion of the assessment phase will be determined by project maturity.

Military Vehicles

Ann Winterton: To ask the Secretary of State for Defence how many (a) FV430 series, (b) Scimitar, (c) Sultan, (d) Samson, (e) Samaritan, (f) Spartan, (g) Striker, (h) Sabre, (i) Scorpion and (j) Saxon vehicles are in working order. [10439]

Mr. Ingram: I will write to the hon. Member and a copy of my letter will be placed in the Library of the House.
 
11 Oct 2005 : Column 441W
 

Substantive answer from Adam Ingram to Ann Winterton:


 
11 Oct 2005 : Column 442W
 


Details of CVR(T) numbers as at 29 April 2005

Total fleet (equals columns 2+5+6)Quantity in land forces (equals columns 3+4)Quantity in working orderQuantity yin first or second lineQuantity in fourth line maintenanceOther
Vehicle(1)(2)(3)(4)(5)(6)
FV430 series1,4921,15477537934304
Scimitar328240163772761
Spartan47832021310725133
Samaritan5041261518
Sultan2051539954745
Samson50382612210
Striker48311219017
Sturgeon32000824
Salamander35000827
SAXON62231216914340270


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