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Banking Licences
Keith Vaz: To ask the Chancellor of the Exchequer which banking licences have been (a) granted and (b) refused since 1 May 1997. [65387]
Ruth Kelly: The information is as follows:
(a) In the period between 1 May 1997 and 30 November 2001, a total of 42 institutions were granted banking licences under the Banking Act 1987. Since 1 December 2001, one firm has been authorised as a bank
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under the Financial Services and Markets Act 2000, and it appears on the Financial Services Authority's public register. A detailed list of these 43 firms follows.
(b) In the period between 1 May 1997 and 30 November 2001, a total of three institutions applied for authorisation under the Banking Act 1987 but did not proceed through to authorisation. In the period from 1 December 2001, no applications for banks have been formally refused. The names of firms which apply for authorisation have at all times remained confidential between the firm and the relevant supervisor, until the firm has been authorised.
- Additions to Banking Act list from 1 May 1997
- Alliance and Leicester plc
- Bank of Cyprus Ltd.
- Halifax plc
- Legal and General Bank Ltd.
- Philippine National Bank (Europe) plc
- Woolwich plc
- The Korea Development Bank
- Bristol and West plc
- Northern Rock plc
- Wachovia Bank NA
- Housing and Commercial Bank, Korea
- Standard Life Bank Ltd.
- Tesco Personal Finance Ltd.
- Ghana International Bank plc
- State Street Bank Europe Limited
- UBS AG
- Hua Nan Commercial Bank Ltd.
- Providian National Bank
- Alliance Trust Savings Ltd.
- Morgan Stanley Dean Witter Bank Ltd.
- Bank Mandiri (Europe) Ltd.
- Zurich Bank plc
- Israel Discount Bank Ltd.
- Bumiputra Commerce Bank Berhad
- J P Morgan International Bank Ltd.
- DLJ Bank
- Multi Commercial Bank (UK) Ltd.
- AMP Bank Ltd.
- UBS Warburg Ltd.
- Capital One Bank (Europe) plc
- Schroder and Co. Ltd.
- Bank One Capital Markets Ltd.
- Bradford and Bingley plc
- Dao Heng Bank Ltd.
- Fleet Bank (Europe) Ltd.
- Habib Allied International Bank plc
- Bank Sepah International plc
- Goldfish Bank Ltd.
- Melli Bank plc
- Pakistan International Bank (UK) Ltd.
- Persia International Bank plc
- Sonali Bank (UK) Ltd.
Additions under Financial Services and Markets Act 2000
- The Charity Bank Ltd.: 30 April 2002
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Economic Growth
Hywel Williams: To ask the Chancellor of the Exchequer what the most recent estimates are for GDP growth for (a) the UK, (b) England, (c) Scotland, (d) Northern Ireland, (e) Wales and (f) each EU Objective 1 area. [66165]
Ruth Kelly: The information requested falls within the responsibility of the National Statistician. I have asked him to reply.
Letter from Karen Dunnell to Mr. Hywel Williams, dated 8 July 2002:
- The National Statistician has been asked to reply to your recent question on estimates of GDP growth of the countries and EU Objective 1 areas of the United Kingdom. I am replying in his absence. (66165)
- Growth rates are normally calculated on the basis of data at constant prices. However, regional GDP data are only available on a current price basis, in the absence of regional deflators. The growth rates shown in the table below will therefore include the effects of inflation.
- The latest GDP estimates for the countries of the United Kingdom and the English regions are available up to 1999, and for the sub-regions (NUTS-2 areas) up to 1998. These data form the basis for the growth rates shown in table 1 below. The sub-regions Merseyside; South Yorkshire; Cornwall and the Isles of Scilly; and West Wales and the Valleys are the four UK areas that currently have full Objective 1 status. Northern Ireland and the Highlands and Islands did not qualify for Objective 1 funding in the current round but are in receipt of transitional funding and are included for completeness.
- Data up to 2000 are expected to be published at the end of 2002.
- The data referred to in this answer are available in the House of Commons Library and on the web at http://www.statistics.gov.uk/ regionalaccounts.
| Provisional | ||||
|---|---|---|---|---|
| 1996 | 1997 | 1998 | 1999 | |
| United Kingdom(28) | 5.7 | 6.5 | 6.1 | 3.8 |
| Countries of the United Kingdom(28) | ||||
| England | 6.1 | 7.1 | 6.2 | 3.9 |
| Scotland | 3.0 | 2.3 | 6.0 | 3.1 |
| Wales | 4.0 | 3.7 | 5.5 | 3.9 |
| Northern Ireland(29) | 4.5 | 6.8 | 3.4 | 3.0 |
| Objective 1 areas | ||||
| Merseyside | 4.4 | 4.6 | 5.0 | (30)— |
| South Yorkshire | 6.6 | 7.1 | 4.7 | (30)— |
| Cornwall and the Isles of Scilly | 8.0 | 7.6 | 5.7 | (30)— |
| West Wales and the Valleys | 5.0 | 4.0 | 4.6 | (30)— |
| Transition areas | ||||
| Highlands and Islands | 1.3 | 2.8 | 4.7 | (30)— |
| Northern Ireland(29) | 4.5 | 6.8 | 3.4 | 3.0 |
(28) Excluding Extra-Regio and the Statistical Discrepancy
(29) Northern Ireland is both a NUTS-1 and NUTS-2 area
(30) n/a
Departmental Energy Use
Mr. Stunell: To ask the Chancellor of the Exchequer what the estimated (a) level and (b) cost of energy use in his Department and associated agencies was in each year since 1997; what proportion of energy was generated from renewable sources; and if he will make a statement. [65956]
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Ruth Kelly: I refer the hon. Member to the answer given on 3 July 2002 by my right hon. Friend the Minister of State, Department of Environment, Food and Rural Affairs.
Office for National Statistics
Matthew Taylor: To ask the Chancellor of the Exchequer on which projects the public sector classification committee of the Office of National Statistics has been asked to comment since 1 January. [66718]
Ruth Kelly: The answer requested falls within the responsibility of the National Statistician. I have asked him to reply.
Letter from Karen Dunnell to Mr. Taylor, dated 8 July 2002:
- The National Statistician has been asked to reply to your recent question on which projects the Public Sector Classification Committee of the Office for National Statistics has been asked to comment since 1st January. I am replying in his absence. (66718)
- The public sector classification committee (PSCC) considers a wide range of projects as the need arises. Four of these are currently confidential or market sensitive. The others are in the list below.
- New Tax Credits—discussion complete in 2001, but announced since 1 January.
- Network Rail
- Support for insurance of terrorist risks to aviation industry
- Sale and leaseback of buildings in Austria
- Electricity Companies Renewables Obligation
- Diamond Synchrotron Centre Ltd
- Offshore Petroleum Licensing
- Treatment of legacy European currencies
- Guarantees for loans to Railtrack plc in Administration
- Royal household departments
- Imputed taxes and subsidies—developing general principles
- NTL restructuring—treatment of debt for equity swap
- Office of Communications (OFCOM)
- Government support for Network Rail
Education Maintenance Allowance
Ms Buck: To ask the Chancellor of the Exchequer what evidence there is from the evaluation of the education maintenance allowance pilots of the effect on family income of replacing child benefit on participation in education by young people aged 16 to 19 years. [67528]
Mr. Boateng: The Government are piloting an educational maintenance allowance in 56 local education authorities. EMAs provide financial support for 16 to 19 year olds to continue in education through provision of weekly payments and bonuses for retention and achievement. The Department for Education and Skills published the latest evaluation of the pilots on 3 July. Copies of this are available in the House Library.
Individual Savings Account
Mr. Peter Duncan: To ask the Chancellor of the Exchequer how many (a) mini and (b) maxi ISAs were purchased in the last tax year. [67229]
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Ruth Kelly: Estimates of the number of mini and maxi ISA accounts receiving subscriptions and the amount of these subscriptions for 2001–02 are contained in table 9.4 of Inland Revenue Statistics. The latest version is on the Inland Revenue's website: http://www.inlandrevenue.gov.uk/ stats/isa/isa—t01–1.htm
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