• Research Briefing

    Equitable Life (Payments) Bill [Bill 62 of 2010-11]

    This paper has been written for the Second Reading debate in the House of Commons. The Bill provides the authority for a payments scheme for eligible former and current Equitable Life policyholders in respect of the consequences of maladministration by regulatory bodies as identified by the Ombudsman and accepted by government. The paper outlines the commercial problems of Equitable Life; the series of investigations into the regulation of its activities; and the work of the office of Sir John Chadwick in devising principles for designing a workable system of payments. The Bill is a short, simple and technical measure. Although the precise shape of the payments scheme is as yet unknown, this Bill provides the authority for money to be paid once it is set up and clarifies the tax treatment of future payments.

  • Research Briefing

    Keydata Investment Services in administration

    Keydata Investment Services was placed into administration by the Financial Services Authority in June 2009. The administrators, PricewaterhouseCoopers, found a number of serious issues at the company, one of which was that many products sold as ISAs were in fact ineligible for tax-free saving status. More seriously, they subsequently found that income on certain investment products had not been paid in recent months, and, in the case of one type of investment, they had been unable to satisfy themselves as to the safe custody of the underlying assets", and suggested that "the assets have been liquidated and may have been misappropriated".

  • Research Briefing

    Local elections 2011

    Elections are due on Thursday 5 May 2011 in 279 English local authorities. Elections will also be held on the same day to the Scottish Parliament, National Assembly for Wales and Northern Ireland Assembly. Scottish Council elections due in 2011 have been deferred until 2012 (and next in 2017 before returning to a 4-year cycle). In Northern Ireland, elections to the existing 26 local councils are also due to be held on 5 May 2011

  • Research Briefing

    Unemployment by constituency, August 2010

    This paper presents labour market data for parliamentary constituencies. A summary of the latest national and regional labour market data is given, along with a selection of relevant constituency-level indicators including the latest Jobseeker’s Allowance (JSA) claimant count data (for July 2010).

  • Research Briefing

    Economic Indicators, August 2010

    This Research Paper series summarises the main economic indicators currently available for the UK, along with comparisons with other major OECD countries. This issue includes articles entitled 'Analysing the recent recession' and 'UK aid budget: under pressure?'. [Articles: 'Analysing the recent recession' and 'UK aid budget: under pressure?']

  • Research Briefing

    Anti-social Behaviour Orders

    The Home Secretary Theresa May criticised ASBOs in a speech in July 2010. Her criticisms were rejected by former Labour Home Secretaries. ASBOs were introduced by the Crime and Disorder Act 1988. Their use was slow to start with, but peaked in 2005 before declining again. Some commentators argue that authorities are using alternative remedies. Evaluations have highlighted the relatively high breach rate, but also their role in deterring anti-social behaviour. Publication of a Home Office review is awaited.

Total results (page 393 of 560)