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833010

registered interest
date	29/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Insolvency
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department plans to reform the corporate insolvency framework.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	125326
answer	answer is ministerial correction date of answer 05/02/2018 answer text <p>In May 2016 the Government published its Review of the Corporate Insolvency Framework consultation. The consultation contained a package of proposals to improve the rescue opportunities for financially-distressed companies in Great Britain. A summary of responses to the consultation was published in September 2016. Since this time Government has continued to engage with a wide range of interested parties to consider the issues raised in response to the consultation and to further develop the proposals. This further work will ensure that any reforms, if necessary, will achieve the Government’s aims of ensuring that businesses have the appropriate options for rescue when facing financial difficulties. A response to the consultation will be published later this year.</p><p> </p><p>In addition to this consultation, similar proposals were subsequently published in a draft EU Directive in November 2016. The Government is currently involved in negotiations on the draft text and any future implementation of the Directive, if adopted, will be determined by the terms of the UK’s withdrawal from the European Union.</p><p> </p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths grouped question UIN 125327 question first answered 05/02/2018 10:45:54 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4131 label Biography information for Jim Shannon

833011

registered interest
date	29/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Insolvency
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the need to introduce reforms to the UK’s corporate insolvency framework after the UK leaves the EU.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	125327
answer	answer is ministerial correction date of answer 05/02/2018 answer text <p>In May 2016 the Government published its Review of the Corporate Insolvency Framework consultation. The consultation contained a package of proposals to improve the rescue opportunities for financially-distressed companies in Great Britain. A summary of responses to the consultation was published in September 2016. Since this time Government has continued to engage with a wide range of interested parties to consider the issues raised in response to the consultation and to further develop the proposals. This further work will ensure that any reforms, if necessary, will achieve the Government’s aims of ensuring that businesses have the appropriate options for rescue when facing financial difficulties. A response to the consultation will be published later this year.</p><p> </p><p>In addition to this consultation, similar proposals were subsequently published in a draft EU Directive in November 2016. The Government is currently involved in negotiations on the draft text and any future implementation of the Directive, if adopted, will be determined by the terms of the UK’s withdrawal from the European Union.</p><p> </p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths grouped question UIN 125326 question first answered 05/02/2018 10:45:54 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4131 label Biography information for Jim Shannon

833031

registered interest
date	29/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	GKN: Melrose
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, when his Department first learned about Melrose's proposed takeover of GKN.
tabling member constituency	Telford
tabling member printed	Lucy Allan
uin	125347
answer	answer is ministerial correction date of answer 05/02/2018 answer text <p>GKN announced on 12 January that it had been approached by Melrose. Since then I have spoken on an impartial basis to both companies, and will continue to monitor the situation closely</p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 05/02/2018 10:43:49 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4411 label Biography information for Lucy Allan

833032

registered interest
date	29/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	GKN: Melrose
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the potential effect on (a) jobs, (b) operations and (c) the wider economy of Melrose's proposed takeover of GKN.
tabling member constituency	Telford
tabling member printed	Lucy Allan
uin	125348
answer	answer is ministerial correction date of answer 05/02/2018 answer text <p>This is a commercial matter for the companies involved, however the Government is closely monitoring the situation. If necessary, the Government can intervene in takeovers on public interest grounds, covering national security, financial stability or media plurality.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 05/02/2018 10:42:59 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4411 label Biography information for Lucy Allan

833033

registered interest
date	29/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: West Midlands
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what support his Department is providing to SMEs in the West Midlands before the UK leaves the EU.
tabling member constituency	Telford
tabling member printed	Lucy Allan
uin	125349
answer	answer is ministerial correction date of answer 02/02/2018 answer text <p>Our Industrial Strategy aims to make Britain the best place to start and grow a business, and a global draw for the most innovative companies. We are already doing a lot for small and medium sized (SMEs) enterprises in the West Midlands.</p><p>Growth Hubs help simplify the business support landscape, providing joined up access to the full range of local and national support programmes (public and private). Since their launch, the six Growth Hubs in the West Midlands have engaged and supported over 37,500 businesses; delivered over 2,200 intensive assists; and helped over 1,850 individuals to start a business.</p><p>Businesses in the West Midlands can also access national support through GOV.UK and the Business Support Helpline.</p><p>British Business Bank programmes are currently facilitating over £629m to 3,493 businesses in the West Midlands. In addition the Start Up loans programme has issued 4,421 loans to value of over £30m.</p><p>The West Midlands also forms part of the Midlands Engine. A key part of the Government’s strategy for fuelling growth in the region is the £250m Midlands Engine Investment Fund, which aims to transform the finance landscape for smaller businesses in the Midlands, accelerate economic growth and promote job creation. The Fund launched its first wave, £120m of Debt and Small Business funds, in August 2017.</p><p>Alongside this, the Government is working with the European Union to agree a deal on an implementation period and future partnership following the UK’s exit in order to ensure a smooth and orderly transition for businesses. Any additional support provided to small businesses will also be informed by the outcome of these ongoing negotiations.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 02/02/2018 14:13:18 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4411 label Biography information for Lucy Allan

833034

registered interest
date	29/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Telford
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many small and medium-sized enterprises in Telford constituency have received support under each business support scheme operated by his Department since 2010.
tabling member constituency	Telford
tabling member printed	Lucy Allan
uin	125350
answer	answer is ministerial correction date of answer 02/02/2018 answer text <p>Our Industrial Strategy aims to make Britain the best place to start and grow a business, and a global draw for the most innovative companies. We are already doing a lot for small and medium sized (SMEs) enterprises in Telford.</p><p> </p><p>Over 14,000 businesses have been supported and 239 people have had help to start a new business by The Marches Growth Hub which provides support to local SMEs in the area. Growth Hubs help simplify the business support landscape providing joined up access to the full range of local and national support programmes (public and private).</p><p> </p><p>Since November 2014, British Business Bank programmes have facilitated over £70m to 131 businesses in the constituency of Telford.* This includes 63 Start Up loans at a value of over £420k. Telford constituency is also part of the Midlands Engine. A key part of the Government’s strategy for fuelling growth in the region is the £250m Midlands Engine Investment Fund, which aims to transform the finance landscape for smaller businesses in the Midlands, accelerate economic growth and promote job creation. The Fund launched its first wave, £120m of Debt and Small Business funds, in August 2017.**</p><p> </p><p>Since 2010-11, Innovate UK has also provided over £345,000 of funding to 8 businesses in the Telford constituency so that they can take forward their ideas and make them commercially viable.</p><p> </p><p><em>*British Business Bank received State Aid clearance in November 2014, figures show flow of finance facilitated from November 2014 date to the end of September 2017 only</em></p><p><em>** constituency level data on MEIF is not available</em></p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 02/02/2018 14:57:38 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4411 label Biography information for Lucy Allan

833038

registered interest
date	29/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Business: Telford
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effect on businesses in Telford of the Industrial Strategy.
tabling member constituency	Telford
tabling member printed	Lucy Allan
uin	125354
answer	answer is ministerial correction date of answer 02/02/2018 answer text <p>Through our Industrial Strategy we are taking action to boost productivity and earning power in businesses across all parts of the UK. We are driving an additional £20bn of investment into high-growth potential businesses over the next 10 years, and committing record levels of investment into infrastructure and R&amp;D across the country.</p><p> </p><p>The Government has supported and invested in the creation of a network of 38 Growth Hubs (one in each Local Enterprise Partnership area), providing businesses across England with tailored advice and support. Businesses in Telford can access support through The Marches Growth Hub which has, since its launch in 2015, worked with over 14,000 businesses and helped 239 individuals to start up a new business. The Government is providing a further £24m of core funding for Growth Hubs over the next 2 years.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 02/02/2018 14:58:25 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4411 label Biography information for Lucy Allan

833115

registered interest
date	29/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Gratuities
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the prevalence of employer-mandated policies on the retention of tips in the hospitality sector.
tabling member constituency	Bristol North West
tabling member printed	Darren Jones
uin	125431
answer	answer is ministerial correction date of answer 01/02/2018 answer text <p>The Government collected evidence on the treatment of tips and other discretionary payments in a call for evidence. The Government’s response to the evidence collected in that exercise was included in a consultation document published which sought further evidence on the same issue.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 01/02/2018 17:17:54 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4621 label Biography information for Darren Jones