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1-20 of 354 results for subject:Expenditure

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Lord Hutton of Furness

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Hutton of Furness, Lord (354)

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To ask the Secretary of State for Defence how much has been spent on (a) the armed forces and (b) military intelligence since January 2002; and if he will make a statement.

Asked by
Lembit Opik (Liberal Democrat)
Answering body
Ministry of Defence
Type
Written questions
Status
Answered
Date
4 February 2009
Reference
487 c1253W; 252107
House
House of Commons

To ask the Secretary of State for Defence what percentage of gross domestic product was spent on defence (a) including the cost of military operations and (b) excluding the cost of operations in each year since 1997; and what forecast he has made of the proportions to be so spent...

Asked by
Liam Fox (Conservative)
Answering body
Ministry of Defence
Type
Written questions
Status
Answered
Date
27 October 2008
Reference
481 c629-30W; 230157
House
House of Commons

There is a way of trying to manage risk in relation to equity investments, which is called lifestyling. It is a way of loading the risk early on in the investment programme and moving into bonds and safer investments later. The detail of how all those investment decisions are made...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c668-9
House
House of Commons

If the hon. Gentleman will just give me one moment, I am trying to make an announcement, but I do not seem to be getting very far. Some people who have paid voluntary national insurance contributions since the publication of the White Paper last May might have chosen not to...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c663
House
House of Commons

We have been looking closely at that issue. My hon. Friend has raised it with me on a number of occasions. It certainly came up during the work of the Turner commission. I have to say honestly that what she proposes would be extremely difficult from an administrative point of...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c662-3
House
House of Commons

Yes, we have looked at that issue carefully and it has been a major concern for us. The proposals in the Bill and the other reforms that we are taking forward will be of some assistance. Clause 5 will restore the earnings link and allow for that to happen from...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c663-4
House
House of Commons

These issues are generally very complex. The PPF is not actually the subject of the Bill, although I am sure that the hon. Gentleman will want to table some amendments—I am not trying to help him out there. My understanding is that it is perfectly appropriate for a court to...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c663
House
House of Commons

No, I do not accept that. I will come to those points later, because the issue of the state pension age is important. As proposed in the pensions reform White Paper last May, the first three clauses reduce the number of years needed to qualify for the basic state pension...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c662
House
House of Commons

I think that the figures are set out in a document that we published when we produced the second pensions White Paper, but I am afraid that I do not have them to hand. If they are not in the document, perhaps we can return to the matter in Committee....

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c665
House
House of Commons

Entitlement to the basic state pension or the state second pension will be based on the number of qualifying years in which the person paid into it, as well as on where they live and what other rights they have when they retire. If they do not have 30 years-worth...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c666
House
House of Commons

No, I do not want to give way to the hon. Gentleman again. If I have not dealt with his point, my hon. Friend the Minister for Pensions Reform can deal with it in Committee. Taken together with the basic state pension, the simplified entitlement effectively provides a single state...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c666
House
House of Commons

We think that means-testing could be significantly reduced. As I said, if we do nothing now, it will reach about 75 per cent. of pensioners by 2050. With these reforms we can get the figure down to about 30 per cent., so there would be quite a significant reduction. I...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c664
House
House of Commons

My hon. Friend makes a good point. At present, the limit on trivial commutation is set at £15,000. It is right that that should be subject to ongoing review and continual analysis. We in the Department will do that, together with our ministerial colleagues in the Treasury. I assure hon....

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c664-5
House
House of Commons

The figures have all been set out, but in relation to the right hon. Gentleman’s point, the Government are presenting the legislation and the Government are behind the reforms. He might like to look at the last page of the Bill to see which Ministers support it.

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c660
House
House of Commons

I beg to move, That the Bill be now read a Second time. This Bill takes forward the key recommendations for pensions reform made by the Turner commission in 2005. These reforms will help to lay the foundations for a sustainable and affordable pensions system marked by significantly less means...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c659
House
House of Commons

There is some flexibility in the Bill with respect to the issue of prices or earnings, which I believe is right. I am surprised that the hon. Member for Angus (Mr. Weir) has found the time to join us today, as I thought that he was busy celebrating the 300th...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c661-2
House
House of Commons

Because it is linked with our policy for increasing the state pension age. I have to say that I am not going to give way to the right hon. Gentleman again in this debate—[Interruption.] No, the questions are certainly not too difficult. In fact, I am now tempted to give...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c662
House
House of Commons

We all look forward to the hon. Gentleman’s rewriting of the history of that issue. I know that he was a supporter of breaking of the link to earnings, so perhaps he will provide his justification for that later. It certainly had the effect of reducing public spending—obviously so—but it...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c660-1
House
House of Commons

My hon. Friend is right, but she will also be aware that Lord Turner and the pension commissioners have welcomed the Government’s proposals for taking the commission’s conclusions forward. We have always made the point—and it is particularly incumbent on those who hold ministerial office—that it is important to make...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c661
House
House of Commons

It is important that there should be consensus, if possible, about long-term reform of our pension system. That is precisely why my right hon. Friend the Prime Minister established the Pensions Commission in 2002. It has done sterling work in helping to forge agreement across the parties about the future...

Member
Lord Hutton of Furness (Labour)
Type
Proceeding contributions
Date
16 January 2007
Reference
455 c660
House
House of Commons