1-7 of 7 results for subject:Shares
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To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of establishing a mechanism to monitor the potential impact of (a) corporate profit levels and (b) dividend and buyback payments on inflation
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of establishing a mechanism to monitor the potential impact of (a) corporate profit levels and (b) dividend and buyback payments on inflation
UK inflation has been affected by global factors, including Russia’s invasion of Ukraine affecting energy and food prices. The UK is not alone in facing these challenges, advanced economies across the world are feeling the impact of inflation.
That is why halving inflation is one of the Prime Minister’s top priorities. Evidence that corporate profits play a role is inconclusive. The independent Competition and Markets Authority have authority to intervene if they find evidence of anti-competitive conduct or competition law is breached.
To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the potential impact of levels of (a) corporate profit, (b) share dividends and (c) share buybacks on inflation.
To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the potential impact of levels of (a) corporate profit, (b) share dividends and (c) share buybacks on inflation.
UK inflation has been affected by global factors, including Russia’s invasion of Ukraine affecting energy and food prices. The UK is not alone in facing these challenges, advanced economies across the world are feeling the impact of inflation.
That is why halving inflation is one of the Prime Minister’s top priorities. Evidence that corporate profits play a role is inconclusive. The independent Competition and Markets Authority have authority to intervene if they find evidence of anti-competitive conduct or competition law is breached.
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of introducing a four per cent tax on share buyback.
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of introducing a four per cent tax on share buyback.
Share buybacks are already subject to taxation in the form of Stamp Taxes on Shares (STS).
The Government also has a number of carefully designed rules in place to that ensure that any returns that arise as part of a buyback are treated consistently with the policies and principles that underpin the broader tax system.
Report stage. No amendments on consideration. Third reading. Agreed to on question. Bill passed.
Report stage. No amendments on consideration. Third reading. Agreed to on question. Bill passed.
To ask the Chancellor of the Exchequer, what assessment he has made of the potential (a) risks and (b) benefits of short selling; and if he will make it his policy to ban short selling.
To ask the Chancellor of the Exchequer, what assessment he has made of the potential (a) risks and (b) benefits of short selling; and if he will make it his policy to ban short selling.
The government works closely with the regulators and market participants to monitor the effectiveness of the regulatory regime, in line with the government’s objectives of supporting economic growth and financial stability.
The UK’s Short Selling Regime, introduced in 2012, regulates short selling practices while safeguarding companies and the financial system. Among other things, it requires persons to report their short positions in companies whose shares are admitted to trading on UK trading venues, and provides the Financial Conduct Authority (FCA) with powers to request information from persons on their short selling activities, to apply penalties to persons who do not meet their regulatory obligations under the short selling regime, and to restrict the short selling of certain instruments in certain circumstances.
In particular, the FCA can temporarily restrict short selling when the price of an instrument has fallen significantly during a single trading day in relation to the closing price of that instrument on the previous trading day, and can restrict short selling for a period of up to three months when there are adverse events or developments which are a serious threat to financial stability or to market confidence in the UK.
To ask the Chancellor of the Exchequer, if he will make an estimate of the taxation revenue that would have been generated by introducing a one per cent. tax on stock buybacks in the last financial year.
To ask the Chancellor of the Exchequer, if he will make an estimate of the taxation revenue that would have been generated by introducing a one per cent. tax on stock buybacks in the last financial year.
No such estimate has been made and to provide such an estimate would incur the disproportionate cost threshold.
To ask the Chancellor of the Exchequer, what percentage of stock buybacks in the last financial year were made by oil and gas companies.
To ask the Chancellor of the Exchequer, what percentage of stock buybacks in the last financial year were made by oil and gas companies.
HM Treasury does not hold this data. However, such data may be provided publicly by certain financial markets data companies.