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1130841
registered interest false more like this
date remove filter
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 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, further to the Written Answer by Lord Henley on 9 May (HL15286), whether they intend to prioritise strengthening the powers available to insolvency practitioners to take recovery action where value has been extracted from a company prior to insolvency and to require any such related funds to be returned. more like this
tabling member printed
Lord Myners more like this
uin HL16208 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>In 2018, the Government published detailed proposals to reform corporate insolvency laws including strengthening the powers available to insolvency office-holders to challenge transactions and take recovery action where value has been extracted from a company as it approaches insolvency. The Government remains committed to introduce these changes as soon as Parliamentary time allows.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2019-06-17T12:31:37.757Zmore like thismore than 2019-06-17T12:31:37.757Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
3869
label Biography information for Lord Myners more like this
1130842
registered interest false more like this
date remove filter
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 Takeovers: Conflict of Interests 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 May (HL15640), whether they have reviewed the decision-making processes in investment institutions which hold equity investments in both the offeror and the offeree in a takeover situation but on behalf of different clients and where a particular outcome might favour one group of clients over another . more like this
tabling member printed
Lord Myners more like this
uin HL16209 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-19more like thismore than 2019-06-19
answer text <p>Asset managers act as agents of investors in their funds. They are required to manage their funds in the best interests of all of their fund investors and to appropriately avoid, manage and disclose conflicts of interests that could, and do arise between different investor groups. This is a requirement of Markets in Financial Instruments Directive II (MiFID II).</p><p> </p><p>Asset managers should have policies, procedures and governance in place to effectively manage any conflicts arising from their stewardship obligations.</p><p> </p><p>The FCA has recently published a Policy Statement (PS 19/13) ‘Proposals to promote shareholder engagement: Feedback to CP 19/7 and final rules.’ This sets out final rules to implement requirements of the Revised Shareholder Rights Directive (SRD II). SRD II introduced new requirements to improve shareholder engagement and increase transparency around stewardship. The rules came into effect on 10 June 2019 requiring asset managers to disclose and make publicly available their policies on how they engage with the companies they invest in. They also require asset managers to provide certain information to institutional investors, including occupational pension schemes. The new rules are designed to foster stewardship, and better stewardship should lead to better decision making in relation to mergers and acquisitions.</p>
answering member printed Lord Henley more like this
question first answered
less than 2019-06-19T16:42:37.67Zmore like thismore than 2019-06-19T16:42:37.67Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
3869
label Biography information for Lord Myners more like this
1130858
registered interest false more like this
date remove filter
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 Motor Vehicles: Manufacturing Industries 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 steps they are taking to increase productivity in the UK automotive sector. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL16225 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 UK already has one of the most productive automotive sectors in the world. In 2018 productivity levels in the sector were at £100,600/employee, a real term increase of 4.6% over 2017, and 42% higher than overall UK manufacturing productivity. The Government has a long-standing programme of support to maintain the productivity and competitiveness of the UK automotive sector. Through our Industrial Strategy and landmark Automotive Sector Deal, we are placing the UK at the forefront of new automotive technology development.</p><p> </p><p>The Sector Deal includes £32 million of joint funding for an industry-led supply chain competitiveness programme to help improve productivity in the UK supply chain and assure international competitiveness.</p><p> </p><p>We are determined to ensure that the UK continues to be one of the most competitive locations in the world for the automotive sector. BEIS Ministers and officials regularly engage with the automotive industry, including bilaterals with manufacturers, interactions via trade associations, and through the Department’s participation in the Automotive Council.</p>
answering member printed Lord Henley more like this
question first answered
less than 2019-06-24T11:35:25.443Zmore like thismore than 2019-06-24T11:35:25.443Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this
1130989
registered interest false more like this
date remove filter
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 Fraud: Scotland 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 his Department is taking to improve public awareness of scams in Scotland. more like this
tabling member constituency Coatbridge, Chryston and Bellshill more like this
tabling member printed
Hugh Gaffney more like this
uin 262437 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>Responsibility and funding to provide consumer advice, education and advocacy was devolved to the Scottish Government under the Scotland Act 2016. The Scottish Government fund Citizens Advice Scotland (CAS) and Advice Direct Scotland (ADS) to deliver. BEIS remains responsible for funding the delivery of national and cross-border enforcement in Scotland through Trading Standards Scotland (TSS).</p><p> </p><p>CAS and TSS are currently working together to deliver the annual Scams Awareness campaign in Scotland which runs from 10<sup>th</sup> to 23<sup>rd</sup> June to raise awareness, educate consumers and encourage the reporting of scams. TSS also worked with Policy Scotland, local Trading Standards and Neighbourhood Watch on the “Shut out Scammers” campaign in April this year to tackle doorstep crime and bogus callers.</p><p> </p><p>Much of the work undertaken by TSS is targeted at preventing scams; tackling rogue traders; and bringing the perpetrators to justice.</p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2019-06-17T07:40:44.537Zmore like thismore than 2019-06-17T07:40:44.537Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4614
label Biography information for Hugh Gaffney more like this
1130990
registered interest false more like this
date remove filter
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 Fuel Poverty 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 recent assessment he has made of trends in the level of fuel poverty in the UK. more like this
tabling member constituency Coatbridge, Chryston and Bellshill more like this
tabling member printed
Hugh Gaffney more like this
uin 262438 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>We welcome the Annual Fuel Poverty Statistics Report for England, published on Thursday 13 June 2019, which showed that 18,000 fewer households were in fuel poverty in 2017 compared to 2016. We also saw a 4% year-on-year decrease in the average fuel poverty gap between fuel poor and other households.</p><p> </p><p>These statistics show that our policies are working. Continued delivery of energy efficiency measures, the introduction of the National Living Wage in 2016 and the prepayment meter price cap introduced in April 2017 will all have made a contribution. Next year’s projections will capture the impact of the Minimum Energy Efficiency Standards in the private rented sector for the first time, as well as the updated Energy Company Obligation, worth £640m per year, which focuses 100% on low income and vulnerable households.</p> more like this
answering member constituency Kingswood more like this
answering member printed Chris Skidmore more like this
question first answered
less than 2019-06-17T12:31:16.933Zmore like thismore than 2019-06-17T12:31:16.933Z
answering member
4021
label Biography information for Chris Skidmore more like this
tabling member
4614
label Biography information for Hugh Gaffney more like this
1130994
registered interest false more like this
date remove filter
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: Carbon Emissions 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, which (a) businesses and (b) business organisations have declared an intention be net-zero carbon by 2030. more like this
tabling member constituency Stroud more like this
tabling member printed
Dr David Drew more like this
uin 262225 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>We received representations from a number of organisations, including a letter from over 120 businesses, to adopt the Committee on Climate Change’s recommendations on net zero. I am pleased to confirm that on 12 June, the Government laid draft legislation to set a new net zero greenhouse gas emissions target for the UK, to be delivered by 2050. This world-leading target will bring to an end our contribution to climate change.</p><p> </p><p>Delivering a net zero target must be a joint endeavour, crossing political boundaries, and encompassing all parts of society. We have already seen many businesses set their own ambitious targets and intentions to be net zero.</p><p> </p><p>As part of Green GB and NI Week 2018, more than 60 businesses made significant pledges worth millions to cut emissions while continuing to grow the green economy. As we prepare for Green GB and NI Week 2019 (launching on 4<sup>th</sup> November), we continue to encourage and support businesses in setting such targets.</p>
answering member constituency Kingswood more like this
answering member printed Chris Skidmore more like this
question first answered
less than 2019-06-18T16:49:24.157Zmore like thismore than 2019-06-18T16:49:24.157Z
answering member
4021
label Biography information for Chris Skidmore more like this
tabling member
252
label Biography information for Dr David Drew more like this
1131010
registered interest false more like this
date remove filter
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 Energy 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 his Department's timeframe is for the publication of the energy white paper. more like this
tabling member constituency Fylde more like this
tabling member printed
Mark Menzies more like this
uin 262348 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-13more like thismore than 2019-06-13
answer text <p>My rt. hon. Friend the Secretary of State for Business, Energy and Industrial Strategy has stated his intention to publish the energy white paper in the summer. We will provide more details in due course.</p> more like this
answering member constituency Kingswood more like this
answering member printed Chris Skidmore more like this
question first answered
less than 2019-06-13T16:39:13.41Zmore like thismore than 2019-06-13T16:39:13.41Z
answering member
4021
label Biography information for Chris Skidmore more like this
tabling member
3998
label Biography information for Mark Menzies more like this
1131062
registered interest false more like this
date remove filter
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 Redundancy: Pregnancy 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 the timeframe is for the publication of the Government’s response to the public consultation on extending redundancy protection for pregnant women and new parents. more like this
tabling member constituency West Ham more like this
tabling member printed
Lyn Brown more like this
uin 262329 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-12more like thismore than 2019-06-12
answer text <p>The consultation closed on 5<sup>th</sup> April 2019. We are currently analysing responses and will set out next steps in due course.</p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2019-06-12T14:21:15.957Zmore like thismore than 2019-06-12T14:21:15.957Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
1583
label Biography information for Ms Lyn Brown more like this