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Zac Goldsmith: To ask the Secretary of State for Business, Innovation and Skills if he will discuss with (a) the European Commission, (b) members of the European Parliament and (c) his EU counterparts the environmental and social effects of the proposed EU free trade agreement with Peru; and if he will make a statement. 
Mr Davey: The EU-Andean (Peru and Colombia) Free Trade Agreement includes a clause covering environmental and social issues in the Trade and Sustainable Development Chapter. This clause commits both the EU and Peru and Colombia to environmental and labour standards rights.
Throughout the negotiations, officials have discussed environmental and social issues with the European Commission, EU counterparts and Members of the European Parliament and, will continue to do so as the agreement progresses.
Mr Jim Cunningham: To ask the Secretary of State for Business, Innovation and Skills how many young people in (a) the West Midlands and (b) Coventry have found (i) employment or (ii) a work placement as a result of the Young Person's Guarantee. 
Statistics are available on the Future Jobs Fund which cover the period from October 2009 to January 2010. They show that there were 940 recorded Future Jobs Fund starts in the Jobcentre Plus west midlands region. The information requested on Coventry is not available.
Mr Jim Cunningham: To ask the Secretary of State for Business, Innovation and Skills what steps he plans to take to improve (a) youth and (b) adult skills in (a) the West Midlands and (b) Coventry. 
We have begun to rebalance skills provision by redeploying £150 million of Train to Gain funding to create 50,000 high-quality apprenticeship places. We are also taking action to set colleges and training organisations free from excessive bureaucracy and direct state control, to give them the freedom to respond better to local needs and to make sure employers and individuals have the information they need to make the best choices about investing in training.
Mr Gauke: HM Revenue and Customs (HMRC) is committed to cracking down on those who seek to evade tax, including those who operate in the hidden economy. Through development of its data-matching techniques, the Department continues to improve its ability to identify and tackle individuals operating in the hidden economy.
Mr Umunna: To ask the Chancellor of the Exchequer pursuant to the answer of 9 June 2010, Official Report, column 188W, on the Child Trust Fund, whether parents and guardians will be able to take control of stakeholder Child Trust Fund accounts previously established by HM Revenue and Customs for a child in receipt of a voucher under the scheme after January 2011. 
Mr Hoban: On 24 May 2010 the Government announced that they intend to reduce and then stop all government contributions to Child Trust Funds from January 2011. Child Trust Fund accounts will continue to operate as they do now, whenever they happen to have been opened.
As with all accounts, stakeholder accounts opened by HM Revenue and Customs on behalf of children, now and in the future, are under the full control of the parents or legal guardian of the child. Parents or guardians can transfer the account to a different financial provider or type of account, but the money remains the child's and they cannot withdraw it until they turn 18.
Ian Austin: To ask the Chancellor of the Exchequer what his policy is on the use by Ministers in his Department of cars allocated from (a) his Department's pool and (b) the Government car pool which are manufactured in the UK; whether Ministers in his Department are entitled to request the use of a car manufactured in the UK; and if he will make a statement. 
Danny Alexander [holding answer 21 June 2010]: The Chancellor announced at his Budget statement that the Government will publish a paper on rebalancing the Northern Ireland economy, in consultation with the Northern Ireland Executive, including examining potential mechanisms for changing the corporation tax rate in Northern Ireland.
Zac Goldsmith: To ask the Chancellor of the Exchequer (1) what his policy is on continuing the provisions of Section 58 of the Finance Act 2008 in respect of UK residents and foreign partnerships; and if he will make a statement; 
(2) whether he plans to introduce proposals to repeal legislative provisions that ensure UK residents retrospectively pay UK tax on their profits from foreign partnerships; and if he will make a statement. 
Mr Gauke: UK residents are taxable on their worldwide income wherever it arises-including situations where it arises by way of foreign partnerships. Section 58 of Finance Act 2008 was enacted to help put that beyond doubt. The Government are, in general, opposed to retrospective legislation. However, the retrospective element of section 58 is currently the subject of judicial review by the courts and the Government's view is that it is best dealt with there.
Mr Thomas: To ask the Chancellor of the Exchequer which body will have responsibility for the (a) supervision and (b) regulation of UK financial markets in the period to 2012; and if he will make a statement. 
Mr Hoban: The Financial Services Authority will continue to regulate and supervise financial services and markets until the legislation implementing the Government's proposals for reform has been enacted and commenced.
Mr Thomas: To ask the Chancellor of the Exchequer if he will direct the Banking Commission to consider the future contribution of the financial services industry to increasing the positive effects of economic activity on the natural environment; and if he will make a statement. 
Mr Hoban: The Government will set out more detail on the Financial Policy Committee, including issues relating to transparency and accountability, in a consultation document to be published before the summer recess.
As Director General for the Office for National Statistics, I have been asked to reply to your Parliamentary Question asking what recent estimate has been made of the average savings ratio of households on (a) low and (b) middle incomes. (3231)
ONS compiles and publishes an estimate of the saving ratio for the whole of the household and Non Profit Institutions Serving Households (NPISH) sector. This is referred to as the household saving ratio for short and is published quarterly in United Kingdom Economic Accounts.
ONS does not compile estimates of the household saving ratio by level of income.
Jonathan Edwards: To ask the Chancellor of the Exchequer what estimate he has made of the Barnett formula consequentials for Wales of the measures announced by the Chief Secretary to the Treasury in his statement on public spending on 17 June 2010; and whether these consequentials were taken into account in (a) the consequential changes announced on 24 May 2010 and (b) subsequent announcements. 
Lisa Nandy: To ask the Chancellor of the Exchequer by what mechanism he will consult the public on options for public expenditure cuts; and what information he plans to provide in order to inform that consultation. 
The Government are determined that this spending review process will be open, responsible and fair and conducted in a way that protects the poorest and most vulnerable in our society; in a way that unites our country rather than divides it. The Budget announced that an engagement programme will launch on 24 June 2010, giving public sector workers and members of the publican opportunity to feed in their ideas for how to reduce spending while protecting the quality of public services.
Andrew Gwynne: To ask the Chancellor of the Exchequer pursuant to the oral answer from the Prime Minister of 2 June 2010, Official Report, column 428, what the evidential basis is for the statement that Christmas parties are supported in the tax system. 
Section 264 of the Income Tax (Earnings and Pensions) Act 2003 exempts from tax the provision by an employer of an annual party or similar annual
function open to all employees, such as a Christmas party, subject to an aggregate limit of £150 per person.
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