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27 Mar 2006 : Column 704W—continued

Euro

Mr. Duncan: To ask the Chancellor of the Exchequer what estimate he has made of the costs to business of the introduction of the euro. [60903]

Mr. Ivan Lewis: It is not possible to estimate the cost of introducing the euro. The cost of a changeover would depend on a number of individual factors, for example the timing, the overall approach and individual management decisions.

Gap Year and Volunteering Scheme (Wales)

Mrs. Gillan: To ask the Chancellor of the Exchequer what proportion of the new gap year and volunteering scheme budget of £150 million will be allocated to Wales. [61669]

Mr. Ivan Lewis: The Welsh Assembly Government received Barnett formula consequentials in the normal way, at Budget 2005, when the allocation was made to implement the recommendations of the Russell Commission report on youth volunteering. The Welsh
 
27 Mar 2006 : Column 705W
 
Assembly Government are funded on a block budget basis and it is for the Welsh Assembly to decide how to allocate its block budget.

Hedge Funds

Mr. Kilfoyle: To ask the Chancellor of the Exchequer what plans he has to regulate firms which manage hedge funds domiciled outside of the UK. [61115]

Mr. Ivan Lewis: Firms that are based in the UK that undertake investment management business are required to be authorised and regulated by the FSA even if the funds that they manage are domiciled outside the UK.

Mr. Kilfoyle: To ask the Chancellor of the Exchequer whether the remit of the Financial Services Authority specialist hedge fund supervision team includes firms which manage hedge funds domiciled outside the UK. [61116]

Mr. Ivan Lewis: The remit of the FSA's specialist hedge fund supervision team covers firms which manage hedge funds domiciled outside the UK.

Mr. Kilfoyle: To ask the Chancellor of the Exchequer whether firms managing hedge funds domiciled outside the UK have an obligation to report to UK authorities on overseas transactions. [61117]

Mr. Ivan Lewis: A UK authorised and regulated firm is required to report to the FSA's markets division for market monitoring purposes the investment transactions it undertakes. This includes those firms outside the UK, unless the firm is a member of a foreign exchange on which they trade, in which case they would be subject to the reporting requirements of the foreign exchange.

Mr. Kilfoyle: To ask the Chancellor of the Exchequer whether there is a requirement to register in the UK transfers of funds from the UK to overseas-based hedge funds. [61118]

Mr. Ivan Lewis: There are no general requirements in the UK to register transfers of monies for investment purposes. However, financial sector firms are required by UK law to put into place anti-money-laundering controls, and the Proceeds of Crime Act 2002 introduces a number of requirements to report knowledge or suspicion of money laundering to the National Criminal Intelligence Service (or the Serious Organised Crime Agency from 1 April 2006).

Identity Fraud

Mr. Evans: To ask the Chancellor of the Exchequer what steps his Department has taken to raise awareness of identity fraud among its employees. [60295]

John Healey: Appropriate steps have been taken to remind key staff in the Treasury of the importance of safeguarding confidential information.

Incentive Tools

Mr. Todd: To ask the Chancellor of the Exchequer pursuant to the answer of 16 March 2006, Official
 
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Report
, column 2416W, on incentive tools, if he will place a copy of the report of the joint research referred to in the Library. [61012]

Mr. Des Browne: Three final reports have been produced by the University of Bristol, evaluating the introduction of incentive schemes in Jobcentre Plus, HM Customs and Excise and the Child Support Agency. These reports will be placed in the Library as requested.

Meningitis

Mr. Heald: To ask the Chancellor of the Exchequer how many children died from meningitis and associated conditions in each of the last five years. [61101]

John Healey: The information requested falls within the responsibility of the National Statistician, who has been asked to reply.

Letter from Karen Dunnell, dated 27 March 2006:


Number of deaths in children under 16 (aged 0–15) from bacterial and viral meningitis and other meningococcal diseases(23), England and Wales, 2000 to 2004(24)

Number of deaths
2000295
2001266
2002204
2003242
2004193


(23)Figures selected using the International Classification of Diseases, Ninth Revision (ICD-9) codes 036, 047, 320 and 322 for 2000, and the Tenth Revision (ICD-10) codes A39, A87, and G00-G03 for 2001 onwards.
(24)Figures are for deaths occurring in each calendar year.


Minimum Hourly Pay

Mr. Laws: To ask the Chancellor of the Exchequer what the direct costs would be of introducing a minimum hourly rate of pay of (a) £5.75, (b) £6.00 and (c) £6.50 for all employees in the public sector; and if he will make a statement. [59337]

Mr. Des Browne: Our usual source for these figures is the Annual Survey of Hours and Earnings (ASHE) collected by the Office for National Statistics. In this case, however, it has not been possible to obtain these figures. The ASHE is unable to provide estimates of the number of people earning below these thresholds, on a statistically reliable basis (only proportions of people are available), and consequently it has not been possible to perform the calculation that is requested.

Mortality Rates

Mr. Lansley: To ask the Chancellor of the Exchequer what the standardised mortality rate per 100,000
 
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population has been for (a) cancer, (b) coronary heart disease and (c) respiratory disease in each year since 1997. [61272]

John Healey: The information requested falls within the responsibility of the National Statistician, who has been asked to reply.

Letter from Karen Dunnell dated 27 March 2006:


Age-standardised death rate(25) in persons of all ages, by underlying cause of death, England and Wales, 1997 to 2004(26)

(a) Cancer(27)(b) Coronary heart disease(28)(c) Respiratory diseases(29)
1997196.2159.6109.7
1998195.5156.0105.9
1999190.9147.0114.0
2000187.0136.7106.3
2001(30)188.0131.477.2
2002(30)187.1125.678.9
2003(30)183.6120.484.6
2004(30)180.3110.476.9


(25)Rate per 100,000 population standardised to the European standard population.
(26)Data are for deaths occurring in each calendar year.
(27)Selected using the International Classification of Diseases, Ninth Revision (ICD-9) codes 140–208 for the years 1997 to 2000, and the Tenth Revision (ICD-10) codes COO-C97 for 2001 onwards.
(28)Selected using the International Classification of Diseases, Ninth Revision (ICD-9) codes 410–414 for the years 1997 to 2000, and the Tenth Revision (ICD-10) codes 120–125 for 2001 onwards.
(29)Selected using the International Classification of Diseases, Ninth Revision (ICD-9) codes 460–519 for the years 1997 to 2000, and the Tenth Revision (ICD-10) codes JOO-J99 for 2001 onwards.
(30)The introduction of ICD-10 for coding cause of death in 2001 means that figures are not completely comparable with data for years before this date. The data should therefore be interpreted with caution. The effect of the change in classification in 2001 on mortality is described in an article published in 'Health Statistics Quarterly Summer 2002' on 23 May 2002. More information about these changes, as well, as the results of the study, can be found on the NS website at www.statistics.gov.uk/icd10mortality.



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