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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

831141

registered interest
date	26/01/2018
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	Companies House
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 the timescale is for his Department’s review of Companies House.
tabling member constituency	Loughborough
tabling member printed	Nicky Morgan
uin	125149
answer	answer is ministerial correction date of answer 02/02/2018 answer text <p>In line with Cabinet Office guidance*, the Department will undertake a tailored review of Companies House within this Parliament.</p><p> </p><p><em>*<a href="https://www.gov.uk/government/publications/tailored-reviews-of-public-bodies-guidance" target="_blank">https://www.gov.uk/government/publications/tailored-reviews-of-public-bodies-guidance</a></em></p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 02/02/2018 14:14:01 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4027 label Biography information for Baroness Morgan of Cotes

830469

registered interest
date	25/01/2018
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	Carillion: 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, if he will make an assessment of the effect of the liquidation of Carillion on the viability of small businesses in (a) Yorkshire (b) Sheffield and (c) Sheffield Hallam constituency.
tabling member constituency	Sheffield, Hallam
tabling member printed	Jared O'Mara
uin	125035
answer	answer is ministerial correction date of answer 31/01/2018 answer text <p>We have established a taskforce to support businesses affected by the liquidation of Carillion. The taskforce includes representatives from leading business bodies, the construction sector, unions, banks and government to advise how to mitigate impacts on the supply chain and employees. My rt. hon. Friend the Secretary of State and I have held four meetings with them so far and we have already made good progress in exchange of information and collaborations and to identify key actions that need to be taken.</p><p> </p><p>The Official Receiver, who is independent of Government, is currently gathering information on this with the support of PwC special managers.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 31/01/2018 16:08:59 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4661 label Biography information for Jared O'Mara

830541

registered interest
date	25/01/2018
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	Local Enterprise Partnerships
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, what the timescale is for the completion of the Government’s review into Local Enterprise Partnerships.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	125069
answer	answer is ministerial correction date of answer 30/01/2018 answer text <p>Government is leading a review to reflect our ambition to strengthen Local Enterprise Partnerships (LEPs). This will enable them to prioritise investment in order to bring a strong business voice to local decision-making to drive sustainable private sector-led growth and job creation. This is testament to our belief that business and civic leaders working together can help business to prosper across the country.</p><p> </p><p>The review is ongoing and we are currently taking views on how LEPs can support businesses deliver an effective and vibrant economy. We intend to conclude the review in the coming months.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 30/01/2018 16:23:59 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4124 label Biography information for Chi Onwurah

830543

registered interest
date	25/01/2018
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: Productivity
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 22 December 2017 to Question 120177, on Small Businesses: Productivity, what the Department’s programme of engagement will consist of.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	125071
answer	answer is ministerial correction date of answer 30/01/2018 answer text <p>I would refer to our response to questions 120177 and 120170 and would restate that the Department for Business, Energy and Industrial Strategy regularly engages with the major business representative organisations, including the Federation of Small Businesses and the British Chambers of Commerce, on a wide range of issues.</p><p>We are already engaging directly with private and public sector business on a variety of issues, through a series of regional roundtables. This involves businesses around England and including most recently, Stockton on Tees in the North East.</p><p>The review of productivity will focus on what actions could be most effective in improving productivity and growth of SMEs. We will announce the policies we intend to take forward, following this review, in autumn 2018.</p> answering member constituency Burton answering member printed Andrew Griffiths grouped question UIN 125072 question first answered 30/01/2018 16:23:00 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4124 label Biography information for Chi Onwurah