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1131469
registered interest false more like this
date less than 2019-06-11more like thismore than 2019-06-11
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
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 Public Houses: Codes of Practice 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, further to their invitation to contribute views and evidence to the statutory review on the Pubs Code and Pubs Code Adjudicator, published on 30 April, what additional activity, meetings and investigations they are undertaking as part of that review. more like this
tabling member printed
Lord Mendelsohn more like this
uin HL16263 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-18more like thismore than 2019-06-18
answer text <p>In addition to responses to the invitation to contribute views, the review will be informed by the sources of evidence listed in its published Terms of Reference and by ongoing engagement with a broad range of stakeholders.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2019-06-18T16:26:01.127Zmore like thismore than 2019-06-18T16:26:01.127Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
4286
label Biography information for Lord Mendelsohn more like this
1131470
registered interest false more like this
date less than 2019-06-11more like thismore than 2019-06-11
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
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 Business: Billing 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 when they will publish their response to Creating a responsible payment culture: a call for evidence on tackling late payment, which closed 29 November 2018; and why it has not yet been published when Cabinet Office Government Consultation Principles state that responses to consultations should be published within 12 weeks of the consultation closing. more like this
tabling member printed
Lord Mendelsohn more like this
uin HL16264 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-25more like thismore than 2019-06-25
answer text <p>The Creating a Responsible Payment Culture Call for Evidence received nearly 300 responses from a wide range of businesses, trade associations and individuals. This is the highest number of responses to a public consultation on this issue.</p><p> </p><p>It is important that have given those representations the consideration they deserve and use them to inform the action we will take on this important issue.</p><p> </p><p>The Government Response will be published shortly.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2019-06-25T13:04:09.157Zmore like thismore than 2019-06-25T13:04:09.157Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
4286
label Biography information for Lord Mendelsohn more like this
1131471
registered interest false more like this
date less than 2019-06-11more like thismore than 2019-06-11
answering body
Cabinet Office more like this
answering dept id 53 more like this
answering dept short name Cabinet Office more like this
answering dept sort name Cabinet Office more like this
hansard heading Government Departments: Public Consultation 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 how many Government consultations there have been in each of the last five years; and to how many of those they published a formal response within 12 weeks of the consultation closing. more like this
tabling member printed
Lord Mendelsohn more like this
uin HL16265 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-20more like thismore than 2019-06-20
answer text <p>All public government consultations are uploaded onto GOV.UK where they can be filtered by many criteria, including date of publication, official document status and department. Granular information on consultations across all individual departments is not centrally held in the form requested, as individual departments are responsible for their consultations. The Cabinet Office is responsible for the Government Consultation Principles, which provide departments with guidance on conducting consultations. That guidance sets out that consultations and any response to them should be published on GOV.UK.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-06-20T11:27:27.287Zmore like thismore than 2019-06-20T11:27:27.287Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
4286
label Biography information for Lord Mendelsohn more like this
1131472
registered interest false more like this
date less than 2019-06-11more like thismore than 2019-06-11
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
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 Greenhouse Gas Emissions 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, further to the Written Answer by Lord Henley on 16 April (HL15075), whether they will publish the minutes of the discussions between the Department for Business, Energy and Industrial Strategy and UK Research and Innovation (UKRI) on the possibility of new research funding for Greenhouse Gas Removal (GGR) demonstrators; when a decision will be reached on new funding for such demonstrators; and what further meetings are planned with UKRI to discuss GGR technologies. more like this
tabling member printed
Lord Mendelsohn more like this
uin HL16266 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-17more like thismore than 2019-06-17
answer text <p>A decision on new funding for GGR demonstrators is pending with the my rt. hon. Friend Secretary of State for Business, Energy and Industrial Strategy, and with HM Treasury. No further meetings with UKRI on the specific topic of GGR technologies are currently planned.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2019-06-17T16:39:31.59Zmore like thismore than 2019-06-17T16:39:31.59Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
4286
label Biography information for Lord Mendelsohn more like this
1131473
registered interest false more like this
date less than 2019-06-11more like thismore than 2019-06-11
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
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 Greenhouse Gas Emissions 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, further to the Written Answer by Lord Henley on 16 April (HL15075), what proportion of their £8.6 million Greenhouse Gas Removal research programme with UK Research and Innovation is targeted at the removal of greenhouses gasses other than carbon dioxide. more like this
tabling member printed
Lord Mendelsohn more like this
uin HL16267 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-25more like thismore than 2019-06-25
answer text <p>This information is publicly available on the Natural Environment Research Council website, from which the full list of projects funded by the Greenhouse Gas Removal research programme is provided in the attached document. One of the 13 projects is targeted at gasses other than carbon dioxide, specifically on new methodologies for removal of methane from the atmosphere. This project is receiving £223,782 in funding, or 3% of the programme total.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2019-06-25T13:05:01.273Zmore like thismore than 2019-06-25T13:05:01.273Z
answering member
2616
label Biography information for Lord Henley more like this
attachment
1
file name GGR programme project list.pdf more like this
title Projects funded by the GGR research programme more like this
tabling member
4286
label Biography information for Lord Mendelsohn more like this
1131475
registered interest false more like this
date less than 2019-06-11more like thismore than 2019-06-11
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
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 British Steel: Loans 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, further to the Written Answer by Lord Henley on 22 May (HL15809), whether the review and assessment process followed by the British Business Bank also applied to the process supporting their grant of a £120 million loan to British Steel; and whether that process included a review of the (1) capital structure, (2) tax planning, and (3) managerial record, of Greybull Capital and its associates. more like this
tabling member printed
Lord Myners more like this
uin HL16269 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-20more like thismore than 2019-06-20
answer text <p>The British Business Bank was not involved.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2019-06-20T11:30:04.133Zmore like thismore than 2019-06-20T11:30:04.133Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
3869
label Biography information for Lord Myners more like this
1131476
registered interest false more like this
date less than 2019-06-11more like thismore than 2019-06-11
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Arcadia Group: Pensions 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 the Pensions Regulator (1) regarded an additional payment into the Arcadia Pension Fund to be an adequate contribution to the deficit, and (2) supported the Company Voluntary Arrangements proposed by Sir Philip and Lady Green; and if so, why. more like this
tabling member printed
Lord Myners more like this
uin HL16270 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-24more like thismore than 2019-06-24
answer text <p>The best support for a defined benefit pension scheme is an ongoing trading employer. Working with the shareholders, pension trustees and Pension Protection Fund, The Pensions Regulator were pleased to be able to agree a £310m package of support last week that would provide greater certainty for the Arcadia pension schemes. This comprises security to the value of £210m, together with the £100m in cash from Lady Green. The Pensions Regulator remain satisfied that the arrangement is the right one for members and the Pension Protection Fund in challenging circumstances and is equitable in the context of the wider Company Voluntary Arrangements process.</p><p> </p><p>The Pension Regulator’s goal is to protect the interests of members of the Arcadia schemes as far as possible in these difficult circumstances. A successful outcome will mean ongoing Deficit repair contributions payments from the company, enabling the schemes to become fully funded in due course. Had the Company Voluntary Arrangement votes failed, or if the Company Voluntary Arrangements are successfully challenged, the position of the pension schemes would be/will be much less certain. Deficit repair contributions from Arcadia Group Limited, initially £25m per annum (paid in equal monthly instalments) and escalating in subsequent years, would cease. The amount recovered by the pension schemes would be significantly less in an uncontrolled insolvency than under the terms of the Company Voluntary Arrangement. On this basis The Pensions Regulator supported the Company Voluntary Arrangement.</p>
answering member printed Baroness Buscombe more like this
question first answered
less than 2019-06-24T14:30:41.447Zmore like thismore than 2019-06-24T14:30:41.447Z
answering member
3349
label Biography information for Baroness Buscombe more like this
tabling member
3869
label Biography information for Lord Myners more like this
1131477
registered interest false more like this
date less than 2019-06-11more like thismore than 2019-06-11
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Financial Services 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 discussions they have had with the Financial Conduct Authority about establishing an independent review into the (1) role of corporate directors of open-ended investment funds, (2) limitations placed on unlisted and illiquid investments in such funds, and (3) systemic risks arising from daily dealing in the units of investment funds. more like this
tabling member printed
Lord Myners more like this
uin HL16271 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-24more like thismore than 2019-06-24
answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is operationally independent from Government. The question has been passed on to the FCA. The FCA will reply directly to Lord Myners by letter. A copy of the letter will be placed in the Library of the House.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-06-24T15:31:06.62Zmore like thismore than 2019-06-24T15:31:06.62Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
3869
label Biography information for Lord Myners more like this
1131478
registered interest false more like this
date less than 2019-06-11more like thismore than 2019-06-11
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Financial Services 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 any (1) systemic risk arising from open-ended investment funds investing in leveraged sub-investment grade bonds and debt issues by developing world nations denominated in G7 currencies, and (2) risks arising from such maturity transformation. more like this
tabling member printed
Lord Myners more like this
uin HL16272 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-24more like thismore than 2019-06-24
answer text <p>The question has been passed to the Bank of England. The Bank of England will reply directly to Lord Myners by letter. A copy of the letter will be placed in the Library of the House.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-06-24T15:30:53.887Zmore like thismore than 2019-06-24T15:30:53.887Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
3869
label Biography information for Lord Myners more like this
1131479
registered interest false more like this
date less than 2019-06-11more like thismore than 2019-06-11
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
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 British Steel: Loans 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, further to the Written Answer by Lord Henley on 6 June (HL15957), whether the placement of British Steel in receivership on 25 May (1) disqualifies that company from receiving, or (2) places it at risk of not receiving, 2019 carbon credits; if so, what are the implications for the £120 million loan they made to British Steel; and whether they will now answer the original question put, namely, whether that loan was guaranteed by Greybull Capital or related parties. more like this
tabling member printed
Lord Myners more like this
uin HL16273 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-20more like thismore than 2019-06-20
answer text <p>The Deed of Forfeiture bridge facility agreed between Government and British Steel Limited provides legal protections to give Government control of 2019 EU ETS allowances, even under the scenario of insolvency.</p><p> </p><p>Under the Deed of Forfeiture agreed between the company and British Steel Limited, the company’s 2019 allowances will be assigned to the Government once issued, and the proceeds from selling these is expected to cover the costs of purchasing the allowances. Greybull are not party to this Deed of Forfeiture, and as a result of the liquidation, day-to-day control has passed to the liquidator of British Steel Limited.</p><p> </p><p>The terms of the commercial agreement between Government and British Steel are set out in letters from the Permanent Secretary of the Department for Business, Energy and Industrial Strategy to the Chair of the Public Accounts Committee and the Comptroller &amp; Auditor General, copies of which have been placed in the Libraries of both Houses.</p>
answering member printed Lord Henley more like this
question first answered
less than 2019-06-20T11:29:54.117Zmore like thismore than 2019-06-20T11:29:54.117Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
3869
label Biography information for Lord Myners more like this