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To ask the Chancellor of the Exchequer whether he has made an assessment of the effects on (a) men and (b) women of his proposals to freeze pay in the public sector.

Asked by
Fiona Mactaggart (Labour)
Answering body
Treasury
Type
Written questions
Status
Answered
Date
21 December 2010
Reference
8103; 520 c1147-8W
House
House of Commons
Type
Select Committee reports; House of Commons papers; Parliamentary committees
Committee
Public Administration Select Committee
Date
20 December 2010
Reference
HC 537 2010-11
House
House of Commons

To ask Her Majesty’s Government, further to the Written Answer by Lord Sassoon on 8 December (WA 67), what was the actual public sector net borrowing in May 2010 as a percentage of gross domestic product compared to the previous forecast for 2009–10.

Asked by
Lord Barnett (Labour)
Type
Written questions
Status
Answered
Date
20 December 2010
Reference
5106; 723 c261WA
House
House of Lords

I thank the right hon. Gentleman for his response, his Christmas wishes and indeed his Christmas card. Of course, for the Labour party this is always a time of giving. I have been looking through what he has been giving over the past few business questions—he digs deep into his...

Member
Lord Young of Cookham (Conservative)
Type
Proceeding contributions
Date
16 December 2010
Reference
520 c1047-50
House
House of Commons

I thank the Leader of the House for his statement. Following the decision of the deputy Chief Whip this morning to break the convention that the party holding a seat moves the by-election writ in the case of seats declared void after an election, which is what happened in Winchester...

Member
Hilary Benn (Labour)
Type
Business questions
Date
16 December 2010
Reference
520 c1047-50
House
House of Commons

To ask Her Majesty’s Government how many jobs they forecast the private sector will create to compensate for the loss of jobs in the public sector due to Spending Review 2010.

Asked by
Lord Taylor of Warwick (Non-affiliated)
Type
Written questions
Status
Answered
Date
13 December 2010
Reference
4794; 723 c146-7WA
House
House of Lords
Deposited by
Department for Communities and Local Government
Type
Deposited papers
Date
13 December 2010
Reference
DEP2010-2248
House
House of Commons

To ask Her Majesty’s Government, in light of Spending Review 2010, what action they are taking to protect public sector jobs.

Asked by
Lord Taylor of Warwick (Non-affiliated)
Type
Written questions
Status
Answered
Date
13 December 2010
Reference
4694; 723 c146WA
House
House of Lords

The Government announced at the spending review their plans to take forward recommendations made by the Independent Public Service Pension Commission in its interim report. These plans included a commitment to undertake a review of the discount rate used to set contributions in the unfunded public service pension schemes. Today...

Member
Danny Alexander (Liberal Democrat)
Department
Treasury
Type
Written statements
Date
9 December 2010
Reference
520 c30WS
House
House of Commons

My right honourable friend the Chief Secretary to the Treasury (Danny Alexander) has today issued the following Written Ministerial Statement. The Government announced at the spending review their plans to take forward recommendations made by the Independent Public Service Pension Commission in its interim report. These plans included a commitment...

Member
Lord Sassoon (Conservative)
Department
Treasury
Type
Written statements
Date
9 December 2010
Reference
723 c52WS
House
House of Lords

To ask the Minister for the Cabinet Office pursuant to the answer to the hon. Member for Southend West of 24 November 2010, Official Report, column 254, on consultancy, what safeguards are in place to avoid any conflict of interest arising in the award of contracts; and if he will...

Asked by
Tom Brake (Liberal Democrat)
Answering body
Cabinet Office
Type
Written questions
Status
Answered
Date
9 December 2010
Reference
28644; 520 c411W
House
House of Commons
Deposited by
Treasury
Type
Consultation papers; Deposited papers
Date
9 December 2010
Reference
DEP2010-2239
House
House of Lords; House of Commons
My Lords, I should declare a professional interest; perhaps I should also declare that I have had free tuition in economics from my noble friend Professor Lord Peston. Despite the Minister’s Answer, does he not agree that on any definition this country never has been, and is not, anywhere near bankrupt? The plain fact is—and the ONS confirms this—that the net asset position of this country at the end of last year, just before the noble Lord took office, was £6.7 trillion. On top of that, there is no problem in paying debts, because the average length of debt repayment is 14.2 years. We recently lost the services of a distinguished noble Lord in this House. I would not like to see another one go so soon from the Prime Minister’s services. Will the Minister withdraw the word ““bankrupt”” and apologise to the House for using it?
Asked by
Lord Barnett (Labour)
Oral questions - 1st Supplementary
Status
Answered
Date
7 December 2010
Reference
723 c115
House
House of Lords
My Lords, when the Government came into office, we had been put on negative credit watch by one of the main rating agencies, unprecedented for the UK, and were paying interest of £120 million a day. The first or second largest holder of bonds in the world had talked of the UK as a ““must to avoid”” and described the UK’s gilts as, "““resting on a bed of nitroglycerine””." The Government have restored confidence in our public finances by setting out a clear plan to restore the budget to balance and that is what enables us to borrow what we need to borrow on the international markets on reasonable terms.
Answered by
Lord Sassoon (Conservative)
Type
Oral answers to questions
Date
7 December 2010
Reference
723 c116
House
House of Lords
I completely agree with my noble friend. That is indeed it. I was looking at the Oxford English Dictionary this morning and I saw that one definition of ““bankrupt”” is, "““one who has brought himself into debt by reckless expenditure or riotous living””." I would not presume to accuse the previous Government of riotous living.
Answered by
Lord Sassoon (Conservative)
Type
Oral answers to questions
Date
7 December 2010
Reference
723 c116
House
House of Lords
My Lords, I know that the noble Lord, Lord Barnett, is a man who likes precision, so I thought that I would do a little research and see how he has used the term ““bankrupt”” in this and another place. The first time that the noble Lord used that word in another place was very interesting. It was on 8 April 1965 in the Budget debate. The then Member for Heywood and Royton was defending the then Labour Government’s cuts to our Armed Forces east of Suez. He asked: "““Have we discussed this with our Commonwealth friends in the area and told them … that … it would not help them or us if we bankrupted ourselves by having a force in the area of a size which we could not afford?””.—[Official Report, Commons 8/4/1965; col. 737.]" That was in 1965 when public sector net borrowing was 1.6 per cent of GDP. On that basis, does the noble Lord think that I was a little moderate in my language when I talked about the brink of bankruptcy?
Answered by
Lord Sassoon (Conservative)
Type
Oral answers to questions
Date
7 December 2010
Reference
723 c115
House
House of Lords
My Lords, leaving aside the fact that the mortgage payers of this country would be somewhat upset to be thought of as having brought it upon themselves by reckless expenditure, the point is, as the IMF succinctly put it in its report of 27 September 2010: "““The consolidation plan and implementation of early measures to tackle the deficit—one of the highest in the world in 2010—greatly reduces the risk of a costly loss of confidence in fiscal sustainability and will help rebalance the economy””." That was what the IMF had to say.
Answered by
Lord Sassoon (Conservative)
Type
Oral answers to questions
Date
7 December 2010
Reference
723 c116-7
House
House of Lords
Has my noble friend had a chance to read the statement from the shadow Chancellor in which he said that the problem for the Labour Party was that it had built up a reputation for 13 years of overspending and debt? Is that not near-bankruptcy?
Asked by
Lord Naseby (Conservative)
Oral questions - Supplementary
Status
Answered
Date
7 December 2010
Reference
723 c116
House
House of Lords
My Lords, does my noble friend agree that, if we had not taken action so quickly, we would have been a further £100 billion in debt by 2015?
Asked by
Baroness Seccombe (Conservative)
Oral questions - Supplementary
Status
Answered
Date
7 December 2010
Reference
723 c117
House
House of Lords
My Lords, the successive attempts by the noble Lord to define bankruptcy have looked quite pathetic... Well, his latest definition would indicate that every mortgage holder in Britain was bankrupt because they have substantial debts. The issue is whether these debts can be managed. He must draw a distinction between the situation of Ireland at the present time, or of Greece in recent times, and that of the United Kingdom, where, as has been indicated, our debt repayment is over a 14-year period.
Asked by
Lord Davies of Oldham (Labour)
Oral questions - Supplementary
Status
Answered
Date
7 December 2010
Reference
723 c116-7
House
House of Lords