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448173
registered interest false more like this
date less than 2016-01-27more like thismore than 2016-01-27
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Financial Services more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what steps he plans to take to widen access to sources of alternative finance. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie more like this
uin 24417 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-02-04more like thismore than 2016-02-04
answer text <p>Alternative finance is a rapidly growing sector. Latest figures from the Peer-to-Peer Finance Association (P2PFA) show that new SME loans originated by their members increased by 89% year-on-year in the fourth quarter of 2015. Equity crowdfunded deal numbers and investment totals have also been steadily rising. The British Business Bank is an active participant in the sector and during the last 12 months has supported 3,301 businesses through the peer-to-peer platforms Funding Circle, RateSetter and Zopa.</p><p>A key element in the growth of the UK alternative finance sector has been a regulatory environment that supports innovation while protecting both investors and businesses. In addition, government is bringing into effect provisions in the Small Business, Enterprise and Employment Act 2015 which will require the largest banks - where they decline lending requests from small business customers - to offer those customers the opportunity for their details to be referred to a government-designated funding platform. These platforms will help match SMEs with alternative finance providers and will be brought into operation later this year.</p><p> </p>
answering member constituency Broxtowe more like this
answering member printed Anna Soubry more like this
question first answered
less than 2016-02-04T16:49:45.02Zmore like thismore than 2016-02-04T16:49:45.02Z
answering member
3938
label Biography information for Anna Soubry more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
448175
registered interest false more like this
date less than 2016-01-27more like thismore than 2016-01-27
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Green Investment Bank: Privatisation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what plans his Department has to ensure that a privatised Green Investment Bank will work to open major new investment options for investors in the UK's low carbon economy while making a material contribution to decarbonisation. more like this
tabling member constituency Cardiff West more like this
tabling member printed
Kevin Brennan more like this
uin 24503 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-02-04more like thismore than 2016-02-04
answer text <p>Details of why the Government believes moving UK Green Investment Bank plc (GIB) into private ownership represents the best way to enable the company to deliver its ambitious green business plan and have a greater impact on green investment while minimising burdens on the UK taxpayer are provided in our November 2015 policy statement on the future of GIB and are further set out in the Government’s response to the Environmental Audit Committee’s report on the future of GIB which was laid in Parliament on 2 February. Both documents can be found on the GIB pages of the GOV.UK website.</p> more like this
answering member constituency Broxtowe more like this
answering member printed Anna Soubry more like this
question first answered
less than 2016-02-04T17:01:09.817Zmore like thismore than 2016-02-04T17:01:09.817Z
answering member
3938
label Biography information for Anna Soubry more like this
tabling member
1400
label Biography information for Kevin Brennan more like this
448176
registered interest false more like this
date less than 2016-01-27more like thismore than 2016-01-27
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Green Investment Bank: Privatisation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what effect the European Commission's decision to grant the Green Investment Bank scope to operate with aided capital until mid-2017 has had on his Department's policy on privatising that bank. more like this
tabling member constituency Cardiff West more like this
tabling member printed
Kevin Brennan more like this
uin 24505 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-02-04more like thismore than 2016-02-04
answer text <p>The original European Commission state aid decision on the Green Investment Bank (GIB) gave approval for GIB to operate until October 2016. While we expect to move GIB into private ownership during the course of 2016, the Government has obtained an updated state aid approval that provides the scope for GIB to operate as a state funded enterprise until the end of March 2018. This ensures GIB could continue to operate should the sale process extend beyond October.</p> more like this
answering member constituency Broxtowe more like this
answering member printed Anna Soubry more like this
question first answered
less than 2016-02-04T17:11:56.463Zmore like thismore than 2016-02-04T17:11:56.463Z
answering member
3938
label Biography information for Anna Soubry more like this
tabling member
1400
label Biography information for Kevin Brennan more like this
448177
registered interest false more like this
date less than 2016-01-27more like thismore than 2016-01-27
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Green Investment Bank: Privatisation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what plans his Department has to ensure that a privatised Green Investment Bank will support the UK's cities, regions and nations in creating robust low carbon economies. more like this
tabling member constituency Cardiff West more like this
tabling member printed
Kevin Brennan more like this
uin 24504 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-02-04more like thismore than 2016-02-04
answer text <p>The Green Investment Bank (GIB) can best contribute to UK green policy objectives by doing what it does best – achieving the demonstration effect and mobilising much needed private capital into green sectors.</p><p>GIB will continue to perform that role in private ownership - getting more investment into green sectors that are relatively mature but nevertheless suffer from a lack of investment</p><p>In private hands, GIB will have access to much more capital than if it remained in Government hands – and will be able to have a bigger impact.</p><p><strong> </strong></p><p> </p> more like this
answering member constituency Broxtowe more like this
answering member printed Anna Soubry more like this
question first answered
less than 2016-02-04T15:54:47.127Zmore like thismore than 2016-02-04T15:54:47.127Z
answering member
3938
label Biography information for Anna Soubry more like this
tabling member
1400
label Biography information for Kevin Brennan more like this
448178
registered interest false more like this
date less than 2016-01-27more like thismore than 2016-01-27
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Overseas Trade: Bangladesh more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what plans he has to organise a high-level trade mission to Bangladesh. more like this
tabling member constituency Solihull more like this
tabling member printed
Julian Knight more like this
uin 24594 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-02-08more like thismore than 2016-02-08
answer text <p>Over one hundred UK companies already operate in Bangladesh and I would like to see more exporting to the country. Bangladesh has taken impressive economic strides over the past decade leading to increased opportunities for UK and Bangladeshi companies to work meaningfully together for the benefit of both economies. We are currently exploring a visit to Bangladesh in the coming months by my noble friend, Lord Maude of Horsham, including the possibility of an accompanying trade delegation</p><p> </p><p> </p> more like this
answering member constituency Broxtowe more like this
answering member printed Anna Soubry more like this
question first answered
less than 2016-02-08T15:57:16.067Zmore like thismore than 2016-02-08T15:57:16.067Z
answering member
3938
label Biography information for Anna Soubry more like this
tabling member
4410
label Biography information for Julian Knight more like this
448179
registered interest false more like this
date less than 2016-01-27more like thismore than 2016-01-27
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Further Education more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, whether he plans to carry out an impact assessment after completion of the further education area review. more like this
tabling member constituency Solihull more like this
tabling member printed
Julian Knight more like this
uin 24569 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-02-24more like thismore than 2016-02-24
answer text <p>Government will produce an evaluation of the area review programme and its potential to impact on groups protected by the Equality Act 2010. The reviews do not however, mandate action, and colleges are independent corporations, so it will be for each college’s governing body to assess the potential impact on groups protected by the Act, as part of its decision to accept or reject any recommendation requiring a change to their provision</p><p><strong> </strong></p><p><strong> </strong></p><p> </p> more like this
answering member constituency Grantham and Stamford more like this
answering member printed Nick Boles more like this
question first answered
less than 2016-02-24T15:56:48.063Zmore like thismore than 2016-02-24T15:56:48.063Z
answering member
3995
label Biography information for Nick Boles more like this
tabling member
4410
label Biography information for Julian Knight more like this
448183
registered interest false more like this
date less than 2016-01-27more like thismore than 2016-01-27
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Department for Business, Innovation and Skills: Tableware more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what proportion of the tableware used in his Department is made in the UK. more like this
tabling member constituency Stoke-on-Trent North more like this
tabling member printed
Ruth Smeeth more like this
uin 24528 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-02-04more like thismore than 2016-02-04
answer text <p><strong> </strong></p><p> </p><p>The Department for Business, Innovation and Skills has 2 suppliers of restaurant services in the core Department buildings: EC Harris and Baxter Storey.</p><p> </p><p><strong>EC Harris</strong></p><p>Currently, 40% of tableware supplied by EC Harris is manufactured in the UK. The policy is to buy UK manufactured tableware to replace existing tableware. The 60% of tableware not manufactured in the UK has been inherited from previous suppliers.</p><p><strong>Baxter Storey</strong></p><p>Currently, 70% of tableware supplied by Baxter Storey is manufactured in the UK and the remaining 30% is Chinese.</p><p> </p> more like this
answering member constituency Orpington more like this
answering member printed Joseph Johnson more like this
question first answered
less than 2016-02-04T17:36:54.077Zmore like thismore than 2016-02-04T17:36:54.077Z
answering member
4039
label Biography information for Lord Johnson of Marylebone more like this
tabling member
4508
label Biography information for Baroness Anderson of Stoke-on-Trent more like this
448184
registered interest false more like this
date less than 2016-01-27more like thismore than 2016-01-27
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Overseas Trade: China more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what assessment his Department has made of the effect on the UK ceramics industry of China being granted Market Economy Status. more like this
tabling member constituency Stoke-on-Trent North more like this
tabling member printed
Ruth Smeeth more like this
uin 24530 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-02-04more like thismore than 2016-02-04
answer text <p>We are awaiting a European Commission proposal on granting Market Economy Status (MES). We understand that the Commission will also be undertaking a detailed assessment of the economic impacts of granting MES as part of their consideration of this issue. We will examine any proposal and assessment carefully. In considering the Commission’s proposal it will be important to take into account the wider trade and international context including China’s compliance with international commitments. If China is granted MES, the Commission will still be able to pursue anti-dumping and anti-subsidy cases and impose measures where evidence of dumping or subsidy is found; this is the case with the US and Russia, both of whom have MES status.</p><p> </p> more like this
answering member constituency Broxtowe more like this
answering member printed Anna Soubry more like this
question first answered
less than 2016-02-04T17:35:41.137Zmore like thismore than 2016-02-04T17:35:41.137Z
answering member
3938
label Biography information for Anna Soubry more like this
tabling member
4508
label Biography information for Baroness Anderson of Stoke-on-Trent more like this
448185
registered interest false more like this
date less than 2016-01-27more like thismore than 2016-01-27
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading EU Emissions Trading Scheme: Ceramics more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what discussions he has had with representatives of the UK ceramics industry on the effect of the EU Emissions Trading Scheme. more like this
tabling member constituency Stoke-on-Trent North more like this
tabling member printed
Ruth Smeeth more like this
uin 24529 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-02-04more like thismore than 2016-02-04
answer text <p>I can confirm that I met on 3 February 2016 the British Ceramics Confederation. BIS officials are also in regular contact with the sector on all energy and environment matters.</p> more like this
answering member constituency Broxtowe more like this
answering member printed Anna Soubry more like this
question first answered
less than 2016-02-04T15:31:36.623Zmore like thismore than 2016-02-04T15:31:36.623Z
answering member
3938
label Biography information for Anna Soubry more like this
tabling member
4508
label Biography information for Baroness Anderson of Stoke-on-Trent more like this
448187
registered interest false more like this
date less than 2016-01-27more like thismore than 2016-01-27
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Green Investment Bank more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, whether he has made an assessment of the projects with which the Green Investment Bank has been involved which would not have gone ahead without investment from that Bank. more like this
tabling member constituency Cardiff West more like this
tabling member printed
Kevin Brennan more like this
uin 24537 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-02-04more like thismore than 2016-02-04
answer text <p>One of the UK Green Investment Bank’s (GIB’s) objectives is to invest in green projects that would not go ahead, or would not go ahead as quickly, without investment from GIB. The majority of the projects GIB supports fall into this category.</p><p> </p><p>Where GIB has invested in projects that are already operational, this has been for the purpose of building a secondary market for such assets which releases the funds of project developers to invest in new construction projects</p> more like this
answering member constituency Broxtowe more like this
answering member printed Anna Soubry more like this
question first answered
less than 2016-02-04T17:57:04.2Zmore like thismore than 2016-02-04T17:57:04.2Z
answering member
3938
label Biography information for Anna Soubry more like this
tabling member
1400
label Biography information for Kevin Brennan more like this