Financial Services

(asked on 9th January 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what data his Department holds on the value of the (a) financial assets and investments managed in the UK and (b) revenue brought in by his Department through taxation on capital in financial year 2021-22; and what proportion of those financial assets and investments were domiciled in the UK in that financial year.


Answered by
Victoria Atkins Portrait
Victoria Atkins
Secretary of State for Health and Social Care
This question was answered on 17th January 2023

There is no statutory requirement for asset managers or financial institutions to report to Government on valuations of assets of investments under management in the UK, so the requested information is not held.

Further information of different types of capital assets has been compiled by the Office for Budget Responsibility for their Economic and Fiscal Outlook publication which is available here: https://obr.uk/efo/economic-and-fiscal-outlook-november-2022/

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