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851521
registered interest false more like this
date less than 2018-02-28more like thismore than 2018-02-28
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 Job Creation: St Helens South and Whiston 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, Energy and Industrial Strategy, what steps he is taking to support job creation schemes in St Helens South and Whiston constituency; and how much Regional Growth Fund money has been allocated to (a) that constituency and (b) the North West. more like this
tabling member constituency St Helens South and Whiston more like this
tabling member printed
Ms Marie Rimmer more like this
uin 130284 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-05more like thismore than 2018-03-05
answer text <p>The Northern Powerhouse will support delivery of our Industrial Strategy boosting growth across the North including the creation of jobs in the North West ensuring an economy that works for everyone.</p><p>We are helping small businesses grow through access to advice on GOV.UK and the Business Support Helpline. We have already invested £12 million in the 38 Growth Hubs in each of the Local Enterprise Partnership areas providing tailored advice to businesses across England. We have announced we will provide a further £24m to continue Growth Hubs for the next 2 years. The Liverpool City Region Growth Hub, which covers St Helens South and Whiston constituency, has supported over 5, 800 businesses and helped 1,500 individuals to start a business.</p><p>In February 2017, we launched the £400 million Northern Powerhouse Investment Fund to give small businesses in the North access to finance to help them start-up and grow. 74 investments or loans have been made in the North West totalling over £14m. Four investments have been made in the hon Member's constituency, totalling £270, 000.</p><p>The Regional Growth Fund was established to support job creation and economic growth. £1.59m has been allocated to the hon Member's constituency creating or safeguarding 228 jobs. Over £504 million has been allocated to North West</p><p>In addition, we have invested over £1.5 billion through the Local Growth Fund in North West projects to boost local economies. We will invest £332m in Liverpool City Region Local Enterprise Partnership area creating 15,400 jobs. This will support projects such as St Helens College, Windle Island Improvements and St Helens Town Centre Connectivity in the hon Member's constituency.</p>
answering member constituency Burton more like this
answering member printed Andrew Griffiths more like this
question first answered
less than 2018-03-05T15:17:43.197Zmore like thismore than 2018-03-05T15:17:43.197Z
answering member
3936
label Biography information for Andrew Griffiths more like this
tabling member
4457
label Biography information for Ms Marie Rimmer more like this
847844
registered interest false more like this
date less than 2018-02-23more like thismore than 2018-02-23
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 Financial Reporting Council 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 20 February (HL5467), whether the Financial Reporting Council changed the wording after my question (HL4627) was tabled on 11 January; and why the Written Answer by Lord Henley on 1 February (HL5095) referred to a position with future effect, not the past and present position. more like this
tabling member printed
Baroness Bowles of Berkhamsted more like this
uin HL5821 more like this
answer
answer
is ministerial correction true more like this
date of answer less than 2018-03-05more like thismore than 2018-03-05
answer text <p>The fact sheet <ins class="ministerial">attached to the</ins> <del class="ministerial">placed into the Libraries of the House in</del> response <ins class="ministerial">given</ins> to question HL5095 used the word “requested” and is dated June 2017.</p><p> </p><p>My answer to question HL5095 stated the position as of 1<sup>st</sup> February 2018.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2018-03-05T15:27:58.107Zmore like thismore than 2018-03-05T15:27:58.107Z
question first ministerially corrected
less than 2018-03-26T15:35:43.48Zmore like thismore than 2018-03-26T15:35:43.48Z
answering member
2616
label Biography information for Lord Henley more like this
previous answer version
44560
answering member printed Lord Henley more like this
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
847846
registered interest false more like this
date less than 2018-02-23more like thismore than 2018-02-23
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 Banks: 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 when the Financial Reporting Council (FRC) first became aware of any problems with International Accounting Standards for the capital adequacy of particular banks; by what means the FRC found out about such problems; which banks any such problems applied to; and how the FRC responded to any identified problems. more like this
tabling member printed
Baroness Bowles of Berkhamsted more like this
uin HL5823 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-05more like thismore than 2018-03-05
answer text <p>The Prudential Regulation Authority is responsible for regulation of the capital adequacy of banks. Prior to 2013 this was the responsibility of the Financial Services Authority. The Financial Reporting Council (FRC) was not aware of the contribution that certain features of the International Accounting Standards made to the problem of the capital adequacy of the banks until the problem was a matter of public knowledge. The FRC has engaged with UK Government, Europe, internationally, and with the International Accounting Standards Board since then to develop reforms to the standards, which address the concerns that have been identified.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2018-03-05T15:40:59.13Zmore like thismore than 2018-03-05T15:40:59.13Z
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
846842
registered interest false more like this
date less than 2018-02-22more like thismore than 2018-02-22
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 Nuclear Safeguards 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 new or modified information technology systems are required for the UK nuclear safeguarding authority to be approved by the International Atomic Energy Agency; and what are the estimated costs of developing those systems. more like this
tabling member printed
Lord Teverson more like this
uin HL5804 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-05more like thismore than 2018-03-05
answer text <p>To deliver a domestic safeguards regime, generally referred to as a State System of Accountancy for and Control of Nuclear Materials (SSAC), the Office for Nuclear Regulation (ONR) plans to put in place a Safeguards Information Management and Reporting System (SIMRS). The SIMRS will enable the ONR to obtain and process the information necessary to ensure timely submission to the International Atomic Energy Agency (IAEA) of the reports required by any future safeguards agreements with the IAEA. The SIMRS will also enable submission of any specific reports required by supplier states as part of Nuclear Cooperation Agreements (NCAs).</p><p>ONR has estimated that it will cost £10 million to establish a UK SSAC and SIMRS is included as a part of this overall estimate. An initial tender opportunity in relation to the SIMRS is currently being advertised on the Government Digital Marketplace and responses to that tender will provide more certainty on estimated costs.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2018-03-05T15:32:52.823Zmore like thismore than 2018-03-05T15:32:52.823Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
3789
label Biography information for Lord Teverson more like this
846662
registered interest false more like this
date less than 2018-02-21more like thismore than 2018-02-21
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 Insolvency 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 intend to publish a full response to the feedback they received on their Review of the Corporate Insolvency Framework consultation, published in May 2016. more like this
tabling member printed
Baroness Burt of Solihull more like this
uin HL5717 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-05more like thismore than 2018-03-05
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.</p><p> </p><p>A summary of responses to the consultation was published in September 2016.</p><p> </p><p>Following the publication of the summary of responses, the Government has continued to engage with a range of interested parties to further discuss and explore issues raised in responses to the consultation. This further engagement will ensure that any reforms, if necessary, will be fit for purpose and best achieve the Government’s aims of rescuing distressed but viable businesses, therefore preserving both value and jobs.</p><p> </p><p>The Government recognises the importance of the insolvency and restructuring regime to the wider UK economy and the important role it plays in, amongst other things, creating strong conditions for growth and access to credit. The consultation stage impact assessment is available from <a href="http://www.gov.uk/" target="_blank">www.gov.uk</a>.</p><p> </p><p>A full response to the consultation will be published later this year.</p>
answering member printed Lord Henley more like this
grouped question UIN HL5718 more like this
question first answered
less than 2018-03-05T15:32:02.573Zmore like thismore than 2018-03-05T15:32:02.573Z
answering member
2616
label Biography information for Lord Henley more like this
attachment
1
file name Attachment to HL5718.pdf more like this
title Impact Assessment more like this
tabling member
1567
label Biography information for Baroness Burt of Solihull more like this
846663
registered interest false more like this
date less than 2018-02-21more like thismore than 2018-02-21
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 Insolvency 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 potential economic benefits of introducing reforms of the UK’s corporate insolvency framework. more like this
tabling member printed
Baroness Burt of Solihull more like this
uin HL5718 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-05more like thismore than 2018-03-05
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.</p><p> </p><p>A summary of responses to the consultation was published in September 2016.</p><p> </p><p>Following the publication of the summary of responses, the Government has continued to engage with a range of interested parties to further discuss and explore issues raised in responses to the consultation. This further engagement will ensure that any reforms, if necessary, will be fit for purpose and best achieve the Government’s aims of rescuing distressed but viable businesses, therefore preserving both value and jobs.</p><p> </p><p>The Government recognises the importance of the insolvency and restructuring regime to the wider UK economy and the important role it plays in, amongst other things, creating strong conditions for growth and access to credit. The consultation stage impact assessment is available from <a href="http://www.gov.uk/" target="_blank">www.gov.uk</a>.</p><p> </p><p>A full response to the consultation will be published later this year.</p>
answering member printed Lord Henley more like this
grouped question UIN HL5717 more like this
question first answered
less than 2018-03-05T15:32:02.62Zmore like thismore than 2018-03-05T15:32:02.62Z
answering member
2616
label Biography information for Lord Henley more like this
attachment
1
file name Attachment to HL5718.pdf more like this
title Impact Assessment more like this
tabling member
1567
label Biography information for Baroness Burt of Solihull more like this
845392
registered interest false more like this
date less than 2018-02-20more like thismore than 2018-02-20
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 Financial Reporting Review Panel 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 Answers by Lord Henley on 1 February (HL4991 and HL4993), on what basis were members of the Financial Reporting Review Panel omitted from the Financial Reporting Council Register of Interests; which members of the Panel have previously served as Financial Reporting Council employees; which members of the Panel are serving or previous members of accounting firms and, for each such member, which firms they have worked for; which remaining Panel members have had any professional relationships with accounting firms; and, for each such member, (1) what the nature of the relationship was, (2) which accounting firm the relationship was with, and (3) when the relationship occurred. more like this
tabling member printed
Baroness Bowles of Berkhamsted more like this
uin HL5592 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-05more like thismore than 2018-03-05
answer text <p>The details of the members of the Financial Reporting Review Panel (FRRP), including biographies, can be found on the Financial Reporting Council’s (FRC) website and are attached.</p><p> </p><p>The FRRP is not part of the FRC’s governance structure but rather a panel from which members are drawn to form Review Groups under the Conduct Committee’s Corporate Reporting Review Operating Procedures. Interests in relation to the specific entity whose accounts are being reviewed are checked before appointment to any Review Group.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2018-03-05T15:40:19.633Zmore like thismore than 2018-03-05T15:40:19.633Z
answering member
2616
label Biography information for Lord Henley more like this
attachment
1
file name Attachment to HL5592.pdf more like this
title Financial Reporting Review Council more like this
tabling member
4562
label Biography information for Baroness Bowles of Berkhamsted more like this
845393
registered interest false more like this
date less than 2018-02-20more like thismore than 2018-02-20
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 Tidal Power: Swansea Bay 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 consider and respond to relevant parts of the (1) Clean Growth Strategy, (2) Industrial Strategy, and (3) Hendry Review, in order that a decision is reached on progressing the Swansea Bay Tidal Lagoon. more like this
tabling member printed
Lord Bradshaw more like this
uin HL5593 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-05more like thismore than 2018-03-05
answer text <p>In coming to any decision on the proposed Swansea Bay tidal lagoon, the Government is currently assessing the Hendry Review and considering how this technology delivers against its priorities, as set out in the Clean Growth Strategy and the Industrial Strategy.</p><p> </p><p>This will ensure that the response to the Hendry Review takes into account the best interests of the UK as a whole and represents value for money for the UK taxpayer and the consumer.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2018-03-05T15:09:46.627Zmore like thismore than 2018-03-05T15:09:46.627Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
2483
label Biography information for Lord Bradshaw more like this
845417
registered interest false more like this
date less than 2018-02-20more like thismore than 2018-02-20
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 Electricity: Storage 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 they have made any estimates of the potential cost savings that could be made by securing a greater supply of large scale, long duration electricity storage. more like this
tabling member printed
Baroness Featherstone more like this
uin HL5617 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-05more like thismore than 2018-03-05
answer text <p>In 2016 the Government commissioned a study into the benefits of a smart, more flexible energy system, which found that the UK could save £17- 40 billion across the electricity system to 2050 by deploying flexible technologies. These include demand side response and a range of storage technologies. Long duration storage can provide additional security of supply benefits over those provided by short duration storage, and we have recently amended the Capacity Market rules to reflect this.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2018-03-05T15:09:09.13Zmore like thismore than 2018-03-05T15:09:09.13Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
1531
label Biography information for Baroness Featherstone more like this
838334
registered interest false more like this
date less than 2018-02-07more like thismore than 2018-02-07
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 Financial Reporting Council 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 1 February (HL5095), for which periods, from 2004, the word “required” was used in the factsheet accompanying notices requesting payment by the Financial Reporting Council; and when, and for what reason, the wording was changed to “requests”. more like this
tabling member printed
Baroness Bowles of Berkhamsted more like this
uin HL5467 more like this
answer
answer
is ministerial correction true more like this
date of answer less than 2018-02-20more like thismore than 2018-02-20
answer text <p>Fact sheets for the preparers levy were used from 2009/10 when the preparers levy was extended to cover large private companies and public sector organisations. The fact sheets used the word “required” in explaining the rates applied to different categories of preparers. They also included similar wording to that included in the 2018/19 fact sheet which was <del class="ministerial">placed in the Library of the House in</del> <ins class="ministerial">attached to the</ins> response <ins class="ministerial">given</ins> to question HL5095. This makes clear that the Financial Reporting Council collects the levy from all preparers on a voluntary basis. The word “required” was replaced with the word “requested” to improve clarity in 2018/19.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2018-02-20T16:58:43.26Zmore like thismore than 2018-02-20T16:58:43.26Z
question first ministerially corrected
less than 2018-03-28T12:34:42.517Zmore like thismore than 2018-03-28T12:34:42.517Z
answering member
2616
label Biography information for Lord Henley more like this
previous answer version
41938
answering member printed Lord Henley more like this
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