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3 Apr 2008 : Column 1340W—continued
Landfill Tax: Tax Yields
Julia Goldsworthy: To ask the Chancellor of the Exchequer whether his Department makes estimates of the amount of landfill tax receipts it receives from each local authority. [198802]
Angela Eagle: It is not possible using landfill tax receipts data to determine how much revenue is received from local authorities. This is because registered landfill site operators pay the tax to HM Revenue and Customs and pass on the cost to their customers through the disposal charges they set. The origin of the landfilled waste is not recorded on the tax return.
National Savings and Investments: Marketing
Mr. Gauke: To ask the Chancellor of the Exchequer (1) what the advertising and sponsorship budget of National Savings and Investments was in each of the last five years; [198397]
(2) what discussions he has had with representatives of National Savings and Investments since September 2007 on its advertising budget. [198398]
Angela Eagle: Treasury Ministers and officials discuss a wide range of issues with National Savings and Investments.
The following table summarises spend for advertising and sponsorship in NS&I over the past five financial years.
| Spend (£ million) | |
Northern Rock
Dr. Cable: To ask the Chancellor of the Exchequer what distinct payments have been made by the Bank of England to Northern Rock in each of the last five years; and on what date each amount was transferred between the parties. [166508]
Angela Eagle: This is a commercial matter between the Bank of England and Northern Rock.
Adam Price: To ask the Chancellor of the Exchequer what range of estimates of the potential level of support required by Northern Rock were provided to his Department by (a) Northern Rock, (b) the Financial Services Authority and (c) the Bank of England prior to the agreement to provide financial support. [183920]
Angela Eagle
[holding answer 1 February 2008]: Information provided on Northern Rock’s financial position by the company itself, the Financial Services Authority or the Bank of England remain commercially confidential, and in some cases would be covered by statutory restrictions on disclosure under the Financial Services and Markets Act 2000. The provision of liquidity support by the Bank of England as lender of last resort was addressed in HM Treasury's statement of 14 September 2007 and in subsequent statements. The provision of additional facilities by the
Bank of England, in respect of which HM Treasury provided an indemnity, was addressed in HM Treasury's statement of 11 October 2007 and in subsequent statements.
Northern Rock: Freedom of Information
Mr. Dai Davies: To ask the Chancellor of the Exchequer what the reasons were for providing that sections 4 and 6 of the Freedom of Information Act 2000 will not apply to Northern Rock under public ownership in the Banking (Special Provisions) Bill. [189564]
Angela Eagle: As the chief secretary to the Treasury explained to the House on 21 February 2008, Official Report, columns 634-37, Northern Rock is not performing a public function. The company is a purely commercial concern operating at arm's length from the Government in a competitive environment. Moreover, it has been taken into public ownership only on a temporary basis. On this basis, it would be inappropriate to make Northern Rock subject to the Freedom of Information Act 2000.
Northern Rock: Nationalisation
Mr. Hands:
To ask the Chancellor of the Exchequer what recent discussions he has had with the European Competition Commissioner on the effects the nationalisation of Northern Rock has had on the
competitive environment in banking in the European Union. [194568]
Angela Eagle [holding answer 14 March 2008]: Treasury Ministers and officials discuss a wide range of issues with the European Commission, including the temporary public ownership of Northern Rock.
Northern Rock: Public Appointments
Mr. Hoban: To ask the Chancellor of the Exchequer what Ann Godbehere's remuneration package is as chief financial officer of Northern Rock, including (a) annual salary, (b) pension contributions, (c) potential bonus payments and (d) non-financial benefits. [188871]
Angela Eagle: As HM Treasury announced on 17 February 2008, Ann Godbehere is being paid £75,000 per month. This is a flat rate.
Mr. Hoban: To ask the Chancellor of the Exchequer what Ron Sandler's remuneration package is as executive chair of Northern Rock, including (a) annual salary, (b) pension contributions, (c) potential bonus payments and (d) non-financial benefits. [188874]
Angela Eagle: As HM Treasury announced on 17 February 2008, Ron Sandler is being paid £90,000 per month. This is a flat rate.
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