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1051945
registered interest false more like this
date less than 2019-01-30more like thismore than 2019-01-30
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 remove filter
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Company Accounts more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether, and if so why, there is a difference between the statutory definition of a liability required for companies accounts as set out in Part 18 and Part 23 of the Companies Act 2006 and the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, compared with the definition of a liability required in FRS102, set by the Financial Reporting Council; and what authority, if any, the Financial Reporting Council has to set standards with requirements that run contrary to requirements set out in statute. more like this
tabling member printed
Baroness Bowles of Berkhamsted more like this
uin HL13280 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-02-05more like thismore than 2019-02-05
answer text <p>The Government considers that there is no difference between the meaning of a liability, as recorded in companies’ accounts, in Parts 18 and 23 of the Companies Act 2006, compared with the definition of a liability in The Financial Reporting Standard (FRS) 102, which may be applied in accordance with Part 15 of the Act.</p><p> </p><p>The FRC issues the standards for the purposes of section 464 of the Companies Act 2006, having been prescribed as the standard issuing body by the Statutory Auditors (Amendment of Companies Act 2006 and Delegation of Functions etc) Order 2012 (SI 2012/1741). In doing so the FRC must adhere to the requirements set out in statute. Unquoted companies are required to use accounting standards issued by the FRC, including FRS 102, when preparing their accounts under the Companies Act, except where they choose to use International Accounting Standards.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2019-02-05T16:18:18.44Zmore like thismore than 2019-02-05T16:18:18.44Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
4562
label Biography information for Baroness Bowles of Berkhamsted more like this
1051956
registered interest false more like this
date less than 2019-01-30more like thismore than 2019-01-30
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 remove filter
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Sea Level more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what assessment they have made of the predicted global rise in sea levels as a result of the increase in Antarctic ice loss in the past four decades; and what steps they are taking, with international partners, in response to that issue. more like this
tabling member printed
The Marquess of Lothian more like this
uin HL13289 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-02-07more like thismore than 2019-02-07
answer text <p>The UK Climate Projections (UKCP18), published in November 2018 by the UK government-funded Met Office Hadley Centre (MOHC), projected a global sea level rise of 29 – 112 cm by 2100, relative to the 1981-2000 average, depending on the scale of future emissions of greenhouse gases. Under a medium emissions scenario, the UKCP18 sea level projections show a net contribution from Antarctica of up to 26 cm by 2100.</p><p>The UK Government is committed to tackling climate change and is actively working with others to meet the long-term goals of the Paris Agreement. This includes:</p><ul><li>demonstrating leadership by taking action to reduce our own emissions (we have reduced UK emissions by over 40% compared to 1990 levels);</li><li>taking a prominent leadership role in multilateral fora such as the United Nations Framework Convention on Climate Change, G20, G7;</li><li>providing International Climate Finance (at least £5.8bn from 2016/17-2020/21) to help developing countries mitigate and adapt to climate change; and</li><li>promoting global alliances to encourage clean growth, such as the Powering Past Coal Alliance.</li><li>Through organisations, such as the Natural Environment Research Council (NERC) – a part of UK Research and Innovation (UKRI), the UK is delivering world-leading interdisciplinary research to better understand environmental changes in the polar regions and its impacts. This is often in collaboration with international partners – for example, the £20 million over 5 years UK-US International Thwaites Glacier Collaboration to understand its ice sheet stability and potential impact on global sea-level rise. This and similar projects enable us to better adapt to and mitigate against global climate change.</li></ul><p> </p>
answering member printed Lord Henley more like this
question first answered
less than 2019-02-07T14:56:33.41Zmore like thismore than 2019-02-07T14:56:33.41Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
259
label Biography information for The Marquess of Lothian more like this