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100293

registered interest
date	22/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Foreign Investment in UK
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, if he will take steps to ensure that inward investment and job creation is encouraged on an equal basis in all the regions of the UK.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	211579
answer	answer is ministerial correction date of answer 28/10/2014 answer text <p>UK Government Departments promote and support foreign direct investment, and the jobs that it can bring or safeguard, on an equal basis in all regions of the UK.</p><p> </p><p> </p><p> </p><p>For inward investment, UK Trade &amp; Investment (UKTI) teams are structured to support the overall strategy of promoting the “UK First”, putting forward the areas of the UK best able to meet the requirements of the particular investor and so most likely to attract that inward investment. UKTI and its national, local and overseas partners develop inward investment opportunities that meet the sector requirements of investors.</p><p> </p><p> </p><p> </p><p>UKTI has agreed Memoranda of Understanding with the Devolved Administrations of Scotland, Wales and Northern Ireland (and with Local Enterprise Partnerships and London and Partners in England) to ensure an open and equitable approach. The UKTI operating model combines strong levels of local engagement within a national framework of support, to best support inward investment.</p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 28/10/2014 16:00:51 answering member 4070 label Biography information for Matt Hancock previous answer version 24556 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	1409 label Biography information for Mr Gregory Campbell

100295

registered interest
date	22/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Metals
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, with reference to the Urgent Question on 16 October 2014, Official Report, column 445, on Tata Steel, when he plans to publish his Department's metals strategy.
tabling member constituency	Hartlepool
tabling member printed	Mr Iain Wright
uin	211585
answer	answer is ministerial correction date of answer 28/10/2014 answer text <p>The metals sector is expected to publish its strategy in Spring 2015.</p><p> </p><p> </p><p> </p><p>We are supporting the metals sector, through the Metals Forum (an umbrella body bringing together the metals related trade associations) on the development of this strategy: this will bring metals into line with other important foundation sectors which have published strategies already. Foundation sectors are those such as metals, electronics and chemicals which underpin manufacturing.</p><p> </p><p> </p><p> </p><p>The strategy will cover issues such as sustainability, supply chains, technology &amp; innovation, skills and communication – which will all have an impact on the metals industry, including steel.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 28/10/2014 15:57:30 answering member 4070 label Biography information for Matt Hancock previous answer version 24554 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	1478 label Biography information for Mr Iain Wright

100300

registered interest
date	22/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Exports: Ghana
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what exports from the UK were supported by UK Export Finance's loan guarantee for Mourne Ltd's Kotoka International Airport project in Ghana.
tabling member constituency	Bassetlaw
tabling member printed	John Mann
uin	211503
answer	answer is ministerial correction date of answer 28/10/2014 answer text <p>UK Export Finance is supporting Mourne Ltd’s contract in relation to the upgrade of Kotoka International Airport. UK exports supported include lighting, steel frames, drainage pipes, engineering and design services.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 28/10/2014 15:59:03 answering member 4070 label Biography information for Matt Hancock previous answer version 24562 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	1387 label Biography information for Lord Mann

100082

registered interest
date	21/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance direct lending facility have been small and medium-sized enterprises in each of the last five years.
tabling member constituency	Glasgow North
tabling member printed	Ann McKechin
uin	211319
answer	answer is ministerial correction date of answer 28/10/2014 answer text <p>UK Export Finance’s direct lending facility was launched in 2013-14. It was recently amended to make it more readily accessible, and has recently completed its first deal.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 28/10/2014 16:01:54 answering member 4070 label Biography information for Matt Hancock
tabling member	1419 label Biography information for Ann McKechin

100083

registered interest
date	21/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance export insurance scheme have been small to medium sized enterprises in each of the last five years.
tabling member constituency	Glasgow North
tabling member printed	Ann McKechin
uin	211331
answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>The table below shows the proportion, expressed as a percentage, of small and medium-sized enterprises (SMEs) of the total number of exporters UK Export Finance (UKEF) has supported broken down by UKEF product for the last five financial full years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2009/10</p></td><td><p>2010/11</p></td><td><p>2011/12</p></td><td><p>2012/13</p></td><td><p>2013/14</p></td></tr><tr><td><p>Buyer Credit</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>11%</p></td><td><p>7%</p></td></tr><tr><td><p>Bond Support Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>67%</p></td><td><p>78%</p></td><td><p>91%</p></td></tr><tr><td><p>Export Insurance Policy</p></td><td><p>20%</p></td><td><p>75%</p></td><td><p>75%</p></td><td><p>54%</p></td><td><p>63%</p></td></tr><tr><td><p>Export Working Capital Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>0%</p></td><td><p>83%</p></td><td><p>100%</p></td></tr><tr><td><p>Letter of Credit Guarantee Scheme</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>50%</p></td></tr><tr><td><p>Supplier Credit Facility</p></td><td><p>0%</p></td><td><p>50%</p></td><td><p>29%</p></td><td><p>33%</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>*Products launched in 2011/12</p><p> </p><p> </p><p> </p><p>SMEs are defined by the EU as companies that have fewer than 250 employees, and either a turnover of less than €50m or a balance sheet total of less than €43m.</p><p> </p><p>Information on UKEFs Bond Support Scheme has been included given that it was introduced specifically to support to smaller exporters, especially SMEs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 211332 211333 211334 211335 question first answered 27/10/2014 14:39:53 answering member 4070 label Biography information for Matt Hancock previous answer version 24212 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	1419 label Biography information for Ann McKechin

100085

registered interest
date	21/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance supplier credit facility have been small to medium sized enterprises in each of the last five years.
tabling member constituency	Glasgow North
tabling member printed	Ann McKechin
uin	211333
answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>The table below shows the proportion, expressed as a percentage, of small and medium-sized enterprises (SMEs) of the total number of exporters UK Export Finance (UKEF) has supported broken down by UKEF product for the last five financial full years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2009/10</p></td><td><p>2010/11</p></td><td><p>2011/12</p></td><td><p>2012/13</p></td><td><p>2013/14</p></td></tr><tr><td><p>Buyer Credit</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>11%</p></td><td><p>7%</p></td></tr><tr><td><p>Bond Support Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>67%</p></td><td><p>78%</p></td><td><p>91%</p></td></tr><tr><td><p>Export Insurance Policy</p></td><td><p>20%</p></td><td><p>75%</p></td><td><p>75%</p></td><td><p>54%</p></td><td><p>63%</p></td></tr><tr><td><p>Export Working Capital Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>0%</p></td><td><p>83%</p></td><td><p>100%</p></td></tr><tr><td><p>Letter of Credit Guarantee Scheme</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>50%</p></td></tr><tr><td><p>Supplier Credit Facility</p></td><td><p>0%</p></td><td><p>50%</p></td><td><p>29%</p></td><td><p>33%</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>*Products launched in 2011/12</p><p> </p><p> </p><p> </p><p>SMEs are defined by the EU as companies that have fewer than 250 employees, and either a turnover of less than €50m or a balance sheet total of less than €43m.</p><p> </p><p>Information on UKEFs Bond Support Scheme has been included given that it was introduced specifically to support to smaller exporters, especially SMEs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 211331 211332 211334 211335 question first answered 27/10/2014 14:39:53 answering member 4070 label Biography information for Matt Hancock previous answer version 24213 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	1419 label Biography information for Ann McKechin

100086

registered interest
date	21/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance letter of credit guarantee scheme have been small to medium sized enterprises in each of the last five years.
tabling member constituency	Glasgow North
tabling member printed	Ann McKechin
uin	211334
answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>The table below shows the proportion, expressed as a percentage, of small and medium-sized enterprises (SMEs) of the total number of exporters UK Export Finance (UKEF) has supported broken down by UKEF product for the last five financial full years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2009/10</p></td><td><p>2010/11</p></td><td><p>2011/12</p></td><td><p>2012/13</p></td><td><p>2013/14</p></td></tr><tr><td><p>Buyer Credit</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>11%</p></td><td><p>7%</p></td></tr><tr><td><p>Bond Support Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>67%</p></td><td><p>78%</p></td><td><p>91%</p></td></tr><tr><td><p>Export Insurance Policy</p></td><td><p>20%</p></td><td><p>75%</p></td><td><p>75%</p></td><td><p>54%</p></td><td><p>63%</p></td></tr><tr><td><p>Export Working Capital Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>0%</p></td><td><p>83%</p></td><td><p>100%</p></td></tr><tr><td><p>Letter of Credit Guarantee Scheme</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>50%</p></td></tr><tr><td><p>Supplier Credit Facility</p></td><td><p>0%</p></td><td><p>50%</p></td><td><p>29%</p></td><td><p>33%</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>*Products launched in 2011/12</p><p> </p><p> </p><p> </p><p>SMEs are defined by the EU as companies that have fewer than 250 employees, and either a turnover of less than €50m or a balance sheet total of less than €43m.</p><p> </p><p>Information on UKEFs Bond Support Scheme has been included given that it was introduced specifically to support to smaller exporters, especially SMEs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 211331 211332 211333 211335 question first answered 27/10/2014 14:39:54 answering member 4070 label Biography information for Matt Hancock previous answer version 24215 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	1419 label Biography information for Ann McKechin

100087

registered interest
date	21/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance buyer credit facility of credit guarantee scheme have been small to medium sized enterprises in each of the last five years.
tabling member constituency	Glasgow North
tabling member printed	Ann McKechin
uin	211335
answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>The table below shows the proportion, expressed as a percentage, of small and medium-sized enterprises (SMEs) of the total number of exporters UK Export Finance (UKEF) has supported broken down by UKEF product for the last five financial full years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2009/10</p></td><td><p>2010/11</p></td><td><p>2011/12</p></td><td><p>2012/13</p></td><td><p>2013/14</p></td></tr><tr><td><p>Buyer Credit</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>11%</p></td><td><p>7%</p></td></tr><tr><td><p>Bond Support Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>67%</p></td><td><p>78%</p></td><td><p>91%</p></td></tr><tr><td><p>Export Insurance Policy</p></td><td><p>20%</p></td><td><p>75%</p></td><td><p>75%</p></td><td><p>54%</p></td><td><p>63%</p></td></tr><tr><td><p>Export Working Capital Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>0%</p></td><td><p>83%</p></td><td><p>100%</p></td></tr><tr><td><p>Letter of Credit Guarantee Scheme</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>50%</p></td></tr><tr><td><p>Supplier Credit Facility</p></td><td><p>0%</p></td><td><p>50%</p></td><td><p>29%</p></td><td><p>33%</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>*Products launched in 2011/12</p><p> </p><p> </p><p> </p><p>SMEs are defined by the EU as companies that have fewer than 250 employees, and either a turnover of less than €50m or a balance sheet total of less than €43m.</p><p> </p><p>Information on UKEFs Bond Support Scheme has been included given that it was introduced specifically to support to smaller exporters, especially SMEs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 211331 211332 211333 211334 question first answered 27/10/2014 14:39:54 answering member 4070 label Biography information for Matt Hancock previous answer version 24216 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	1419 label Biography information for Ann McKechin

100089

registered interest
date	21/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Venture Capital
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what assessment his Department has made of a potential equity gap in UK venture capital sector.
tabling member constituency	Stratford-on-Avon
tabling member printed	Nadhim Zahawi
uin	211212
answer	answer is ministerial correction date of answer 28/10/2014 answer text <p>I have asked the British Business Bank to publish its analysis of equity finance available to UK small business before the end of the year, which will include analysis on UK venture capital. The Department also published an economics paper in January 2012 on SME access to finance, which summarized the evidence at that time about the equity gap in UK venture capital. The paper is available at the following web address: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/32263/12-539-sme-access-external-finance.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/32263/12-539-sme-access-external-finance.pdf</a></p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 28/10/2014 11:00:19 answering member 4070 label Biography information for Matt Hancock
tabling member	4113 label Biography information for Nadhim Zahawi

100091

registered interest
date	21/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Iron and Steel: Manufacturing Industries
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what steps he is (a) taking and (b) planning to take to increase investment in the UK steel industry given Tata Steel's recent announcement.
tabling member constituency	Birmingham, Ladywood
tabling member printed	Shabana Mahmood
uin	211387
answer	answer is ministerial correction date of answer 28/10/2014 answer text <p>The Secretary of State for Business, Innovation and Skills met the global head of Tata in India on 14th October, who re-affirmed his company's commitment to the British steel industry and to investing substantially in Port Talbot and strip steel.</p><p> </p><p> </p><p> </p><p>Working within EU rules, we are implementing a £7billion package of measures to address energy costs including £3billion to compensate energy intensive businesses for the impact of policy costs in their electricity bills.</p><p> </p><p> </p><p> </p><p>The Government has offered just over £12.7 million in funding through the Advanced Manufacturing Supply Chain Initiative (AMSCI) for the £22 million Proving Factory, which specialises in the industrialisation and low-volume production of advanced propulsion systems to automotive standards. Tata Steel is a key partner in this project, which is already producing commercial products.</p><p> </p><p> </p><p> </p><p>Rounds 1 to 5 of the RGF have supported 430 projects and programmes across England – allocating £2.9 billion of government support. We project this to deliver 573,000 jobs and £16 billion of private investment between now and the mid-2020s.</p><p> </p><p> </p><p> </p><p>The 2014 Budget doubled the annual investment allowance to £500,000 until the end of 2015. Government has also cut corporation tax from 28% to 21% - it will fall to 20% next year, the joint lowest rate in the G20, making Britain one of the most attractive places to invest and do business.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 28/10/2014 16:03:20 answering member 4070 label Biography information for Matt Hancock
tabling member	3914 label Biography information for Shabana Mahmood