Every parliamentary written question tabled by Sarah Owen this session, with the full answer and department. See how every department answers, or back to the MP page.
Showing 1–3 of 3 · Treasury
If she will make an assessment of the potential impact of reducing child poverty on the economy.
The Child Poverty Action Group estimate the cost to the country at £40bn per year, which is one of the reasons why the government is removing the two-child limit and lifting 550,000 children out of poverty in the final year of this Parliament.
What steps she is taking to support first time buyers with stamp duty.
At Autumn Budget 2024, the higher rates of Stamp Duty Land Tax (SDLT) for additional dwellings were increased by two percentage points from 3% to 5%. This measure will ensure that those looking to move home, or purchase their first property, have a greate...
Whether her Department has had recent discussions with the Financial Ombudsman Service on resolving complaints of mis-sold timeshares in a timely manner.
The selling of timeshares is outside of Financial Conduct Authority (FCA) regulation and therefore outside of the remit of the Financial Ombudsman Service (FOS), which can only consider complaints about FCA regulated activities. Where consumers have purchased a timeshare using a product regulated by the FCA, such as consumer credit, they may have recourse to the FOS if that product was mis-sold.When complaints are made to the FOS, these should be dealt with in a timely manner. The Financial Conduct Authority (FCA) Handbook, which sets out the rules on how the FOS should handle complaints, states that ‘the ombudsman will attempt to resolve complaints at the earliest possible stage’. In its Plans and Budget 2024-25, the FOS has set itself the target of resolving 90 per cent of cases within 6 months and the government will continue to hold the FOS to account on this through its regular engagement with the FOS.