|Previous Section||Index||Home Page|
Dr. Cable: To ask the Chancellor of the Exchequer if he will take steps to examine whether the sale of financial protection products through non-advised channels is compatible with the regulatory requirement to treat customers fairly. 
Mr. Ivan Lewis: The Financial Services Authority (FSA) is responsible for the regulatory requirement for financial services firms to treat their customers fairly. The FSA is operationally independent of the Government. I will ask the FSA's chairman, Sir Callum McCarthy, to write to the hon. Member.
Mr. MacNeil: To ask the Chancellor of the Exchequer what assessment he has made of the European Union's concession to France on fuel prices in rural areas; and if he will reduce fuel prices in the islands of Scotland by three per cent. until 2011. 
This decision required the prior approval of the Council of Ministers and the Commission to allow a derogation from the Energy Products Directive permitting this measure. We assessed the French Government's application when they made their application for derogation to the Commission last year.
The UK Government believe that taxation policy is a matter for individual member states. Within the UK, however, we believe that allowing variations from the national fuel duty rate for one region or another would represent a departure from the principle of uniform duty rates across the UK. It would also conflict with our environmental objectives and create potential for fraud.
Mr. Ivan Lewis: 395 tonnes of gold were sold from the reserves between July 1999 and March 2002. The proceeds in dollars, and further details, can be found on page 27 of Review of the sale of part of the UK gold reserves" published by the Treasury in October 2002 (http://www.hm-treasury/.gov.uk/media//9EFEF/Gold Reserves.PDF).
The programme was part of a prudent restructuring of the foreign currency and gold reserves aimed at achieving a better-balanced portfolio. As a result of the programme a one-off reduction in risk of approximately 30 per cent. was achieved (as measured by value-at-risk).
The proceeds from the sales were reinvested in interest bearing foreign currency assets in broadly the same proportions as the foreign currency assets held in the net reserves (40 per cent. dollars; 40 per cent. euros; and 20 per cent. yen) and these have earned returns over this period.
Mr. Francois: To ask the Chancellor of the Exchequer pursuant to the oral answer of 26 January 2006, Official Report, column 1505, on HM Revenue and Customs Estate, how many companies competed for the contract which was won by Mapeley in 2001 regarding properties included in his Department's estate. 
Mrs. Spelman: To ask the Chancellor of the Exchequer pursuant to his answer of 30 November 2005, Official Report, column 523W, on home information packs, (1) what assessment (a) HM Treasury and (b) HM Revenue and Customs have made of the revenue to be generated from levying VAT on home information packs; 
Dawn Primarolo: The exact nature of the packs, and how they will be provided, is still under consideration by the Office of the Deputy Prime Minister, following a consultation on draft regulations which ended on 30 December 2005.
Mrs. Spelman: To ask the Chancellor of the Exchequer what estimate he has made of the net change to the (a) number of households and (b) population size in each government office region in each of the next 20 years. 
Household projections are the responsibility of the Office of the Deputy Prime Minister. The 2002-based interim household projections are the latest available set and these are being updated to take into account more recent information on household formation and the 2003 based subnational population projections. Table 1 shows average annual household growth for the Government Office Regions in England between 2001 and 2021.
The population projections are demographic trend-based projections that indicate what the population levels of an area are likely to be if recently observed trends in fertility, mortality and migration were to continue. They take no account of future development which may affect trends.
Like subnational population projections, household projections are trend based and illustrate what would happen if past trends in household formation were to continue into the future. The projections are heavily dependent on demographic assumptions used. These projections are not policy based forecasts of what the government expects or intends to happen.
per year 200121
|Yorkshire and the Humber||12.8|
|North East||North West||Yorkshire and the Humber||East Midlands||West Midlands||East||London||South East||South West|
|Next Section||Index||Home Page|