Research Briefing
The House of Lords is due to debate two committee reports on the Northern Ireland Protocol on 13 September 2021. This briefing summarises the reports and recent developments relating to the protocol, including the Government’s July 2021 command paper that argued for discussions with the EU to find a “new balance” in the protocol.
In Focus
Between 2013 and 2020, the UK met an international target to spend 0.7% of gross national income (GNI) on overseas aid. A 2015 act enshrined this in legislation. In response to the economic impact of coronavirus, the Government has said that aid spending will temporarily reduce to 0.5% of GNI from 2021. Some commentators have argued this requires further primary legislation. The Government has announced the tests that must be met to restore spending to 0.7%.
In Focus
In October 2020, the House of Lords European Union Committee published a report into the future of the UK-EU relationship on professional and business services. It argued the UK’s professional and business services sector potentially could be damaged by the establishment of new barriers to trade at the end of the transition period on 1 January 2021. The report recommended the Government needed to do more to support the sector.
In Focus
Surveys consistently indicate just under two in three Britons are unable to hold a conversation in a language other than their mother tongue. A number of organisations have drawn attention to this so-called ‘language deficit’ and its impact on trade and employment. This article looks at calls to improve language skills in England in the context of the Government’s ambition for a ‘Global Britain’.
In Focus
The Government has introduced draft regulations intended to require that large businesses such as restaurant chains display the calorie information of non-prepacked food and drink items prepared for immediate consumption. Ministers suggest the policy will deliver considerable benefits over the long term by reducing obesity and related demand on health services. However, the policy has been criticised by some in the hospitality industry and charities campaigning on behalf of those with eating disorders.
Current Affairs Digest
Catch up on developments in economics with a selection of articles you may have missed. This month we take a look at the issue of in-work poverty.
In Focus
In the 2020 spending review, the Government cut aid spending from a target of 0.7% of gross national income (GNI) to 0.5%. Ministers said the UK would spend £10 billion on overseas development assistance (ODA) in 2021–22, this compares with £14.5 billion in 2020. The decision has been controversial, with several politicians and aid organisations expressing concerns about the impact of the reduction.
In Focus
The Wellbeing of Future Generations Bill [HL] is a private member’s bill introduced by Lord Bird (Crossbench), inspired by legislation passed in Wales in 2015. It aims to ensure UK policymaking accounts for the interests of future generations. The House of Lords has debated the subject twice in recent years. The bill is due to have its second reading in the House of Lords on 25 June 2021.
Research Briefing
The Telecommunications (Security) Bill is a government bill to improve the regulation of the UK telecoms market in order to protect the security of the UK’s telecoms infrastructure. Second reading of the Telecommunications (Security) Bill is scheduled to take place in the House of Lords on 29 June 2021. This briefing provides a summary of the bill and its passage through the House of Commons.
In Focus
The Finance Bill is a government bill intended to give lasting statutory effect to the tax measures announced in the March 2021 budget. The bill underwent a series of changes in its passage through the House of Commons. The House of Lords Economic Affairs Finance Bill Sub-Committee criticised a draft of the bill in some specific areas. The Government accepted some of the committee’s recommendations but rejected others.
In Focus
The Government has proposed new powers for Her Majesty’s Revenue and Customs (HMRC) to address tax avoidance, enhance information gathering, and improve tax compliance. These measures were the subject of a report from the House of Lords Economic Affairs Finance Bill subcommittee, which found that some of these powers were both disproportionate and poorly targeted.
Research Briefing
The Professional Qualifications Bill [HL] would make provisions relating to professional qualifications and their recognition in the UK. It is scheduled to have its second reading in the House of Lords on 25 May 2021.
Research Briefing
This proposed law seeks to bring more financial assets into the dormant assets scheme, allowing them to be distributed to good causes. A dormant asset is a financial product that has not been used for many years and which the provider has not been able to reunite with its owner.
Current Affairs Digest
Catch up on economics articles you may have missed. This month we take an in-depth look at the funding of devolved governments.
In Focus
In the 2020 spending review, the Government cut aid spending from a target of 0.7% of GNI to 0.5%. The Government said in its recent integrated review of security, defence, development and foreign policy it would use aid spending “more strategically” to increase the UK’s impact as a force for good. On 28 April 2021, the House of Lords is due to debate the reduction in aid spending and its impact on achieving the integrated review’s objectives.
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