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Financial Services Division

Volume 448: debated on Tuesday 4 July 2006

To ask the Chancellor of the Exchequer how many people worked in his Department's Financial Services Division sub-departments on (a) financial crime, (b) financial services strategy, (c) financial stability and risk, (d) payments and inclusion and (e) savings and investment in each of the last five years, broken down by grade. (81706)

[holding answer 3 July 2006]: The organisational structure of the teams responsible for financial services has changed on several occasions during 2000-06. The current breakdown of staff between the five teams is shown in the table. The figures quoted are on the basis of full-time equivalent staff in post on 1 April, rounded to the nearest whole number.

The total number of staff working in the teams responsible for financial services in the finance and industry directorate of Her Majesty’s Treasury on 1 April in each of the past five years, on a broadly comparable basis, has been: 62 in 2002, 58 in 2003, 72 in 2004, 74 in 2005 and 72 in 2006. A proportion of the directorate's senior management resources also contributes to the work on financial services.

Range

Financial Services Strategy

Financial Crime

Financial Stability and Risk

Payments and Inclusion

Savings and Investment

SCS

1

1

1

1

1

E

6

6

6

5

5

D

3

8

6

3

7

A-C

3

3

2

2

2 I

Total

13

18

15

11

15