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Mark Hoban praised the Government's startup scheme, saying it offered "real support" to help potential entrepreneurs get off their businesses off the ground. "What we do is, people come into the Jobcentre with a new idea from day on... Continue to article
Emergency funding to help welfare claimants meet the cost of their rent is running out “all over the country”, Liam Byrne has warned, after the scheme saw a 388% increase in applications. Figures last week revealed a four-fold incre... Continue to article
Mark Hoban said there were positive signals from the labour market despite the rise in headline unemployment. “The number of people claiming Jobseeker’s Allowance has fallen, the number of young people out of work has fallen this month a... Continue to article
Business secretary Vince Cable speaks at the British American Business Council transatlantic conference in Birmingham (20.00) Education secretary Michael Gove delivers the Centre for Policy Studies Keith Joseph memorial lecture in London... Continue to article
Mark Hoban said the Government’s benefit cap, which is starting to be implemented today, would introduce fairness between claimants and taxpayers. “We need to recognise that housing benefit doubled under the previous government and we do... Continue to article
Mark Hoban insisted that the new unemployment figures, showing a rise to 2.52m, also showed success in the private sector. “Well I think what we’ve seen, is the private sector creating more jobs, there’s been an increase in the number of... Continue to article
Mark Hoban argued the Government's decision to abolish the Future Jobs Fund was a question of getting "value for money". “The Future Jobs Fund was very expensive. Evaluation shows the Government was likely not to recover the amount that ... Continue to article
COMMONS CHAMBER 11.30am: Cabinet office questions (topicals at 11.53am) 12.00 noon: Prime minister’s questions 12.30pm: Budget 2013 statement Main business Budget 2013 debate Presentation of public petition: Reopening of M... Continue to article
Mark Hoban claimed the universal credit was a "fundamental reform not just to tackle the deficit, but also to support aspiration." "I think the mistake that the previous Government made was not to reform benefits. So, we saw a ballo... Continue to article
Downing Street revealed that no Cabinet ministers were sitting on the Inter-Ministerial Group on Migrants' Access to Benefits and Public Services. The Prime Minister's Official Spokesman said the 12-strong group was being chaired by Mark... Continue to article
26/04/2012 in Europe & EU
Britain and France have both accused the European Commission of "ignoring the prevailing austerity" after its call to raise the EU’s budget by nearly 7% next year. The Commission justified the move as vital to meeting existing commitments by member states and for encouraging badly needed growth. But Mark Hoban, Financial Secretary to the Treasury, said the proposal was "unacceptable" and that Brussels "must improve its financial discipline". Valérie Pécresse, Nicolas Sarkozy’s Budget Minister, said the most was "impossible and unjustifiable".
19/09/2011 in Defence
The Treasury has closed a loophole by which veterans paid tax on their military benefits despite not earning any salary. Financial secretary to the Treasury Mark Hoban said "the current situation is unfair on retired veterans, and I'm delighted that we can fix this".
28/05/2010
The coalition government is likely to commission a wide-ranging competition review of all aspects of the banking industry, according to Mark Hoban, the new City minister.
18/11/2011 in Financial Services
George Osborne has been accused of selling Northern Rock "for a song" to Sir Richard Branson after taxpayers took a £400m loss on the deal. The Chancellor described the sale of the bank as "a good thing for the British high street and a good thing for the north-east of England". But City of London MP Mark Field said he was "very concerned" whether the deal represented value for money, adding that Virgin supremo Richard Branson had got the bank "for a song".
27/07/2010 in Financial Services
Financial stability will be key to new reforms and will be regarded as more important than consumer protection should the two conflict, according to a new blueprint for UK regulatory reform.
03/04/2010
The Conservatives have pledged to compensate the investors who lost all, or part, of their savings when Equitable Life nearly went bankrupt ten years ago. The payouts could amount to £1bn.
07/03/2013 on Newsnight, BBC Two
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