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518098

registered interest
date	09/05/2016
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	Transatlantic Trade and Investment Partnership: NHS
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government when they plan to publish the draft Transatlantic Trade Investment Partnership agreement and any information they have on risks to the NHS posed by that draft treaty.
tabling member printed	Lord Mendelsohn
uin	HL8258
answer	answer is ministerial correction date of answer 12/05/2016 answer text <p>It has not proved possible to respond to this question in the time available before Prorogation. Ministers will correspond directly with the noble Lord.</p> answering member printed Lord Price grouped question UIN HL8259 question first answered 12/05/2016 11:53:34 answering member 4570 label Biography information for Lord Price
tabling member	4286 label Biography information for Lord Mendelsohn

518099

registered interest
date	09/05/2016
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	Transatlantic Trade and Investment Partnership: NHS
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether the NHS is excluded from the current Transatlantic Trade Investment Partnership draft documents, and whether they will publish the legal advice they previously commissioned, in full or in summary, regarding the risk to the NHS of litigation by US private health companies.
tabling member printed	Lord Mendelsohn
uin	HL8259
answer	answer is ministerial correction date of answer 12/05/2016 answer text <p>It has not proved possible to respond to this question in the time available before Prorogation. Ministers will correspond directly with the noble Lord.</p> answering member printed Lord Price grouped question UIN HL8258 question first answered 12/05/2016 11:53:34 answering member 4570 label Biography information for Lord Price
tabling member	4286 label Biography information for Lord Mendelsohn

517590

registered interest
date	04/05/2016
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	Managers: Pay
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they intend to legislate to introduce voting thresholds that empower shareholders in the operations of public companies in relation to executive pay.
tabling member printed	Lord Mendelsohn
uin	HL8183
answer	answer is ministerial correction date of answer 12/05/2016 answer text <p>It has not proved possible to respond to this question in the time available before Prorogation. Ministers will correspond directly with the noble Lord.</p> answering member printed Baroness Neville-Rolfe question first answered 12/05/2016 11:54:20 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	4286 label Biography information for Lord Mendelsohn

516977

registered interest
date	03/05/2016
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	Managers: Pay
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether the Department for Business, Innovation and Skills tracks the performance of FTSE 100 companies and is able to identify where any company has introduced a cost-cutting measure and correspondingly reduced executive pay, and if so, what percentage of those companies have done so.
tabling member printed	Lord Mendelsohn
uin	HL8133
answer	answer is ministerial correction date of answer 12/05/2016 answer text <p>It has not proved possible to respond to this question in the time available before Prorogation. Ministers will correspond directly with the noble Lord.</p> answering member printed Baroness Neville-Rolfe question first answered 12/05/2016 12:00:48 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	4286 label Biography information for Lord Mendelsohn

516978

registered interest
date	03/05/2016
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	Managers: Pay
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether it is their policy that FTSE 100 executive pay is a matter solely for shareholders or also for a wider group of affected stakeholders such as pension holders, customers, and the customers of similar companies.
tabling member printed	Lord Mendelsohn
uin	HL8134
answer	answer is ministerial correction date of answer 12/05/2016 answer text <p>It has not proved possible to respond to this question in the time available before Prorogation. Ministers will correspond directly with the noble Lord.</p> answering member printed Baroness Neville-Rolfe question first answered 12/05/2016 12:00:37 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	4286 label Biography information for Lord Mendelsohn

516979

registered interest
date	03/05/2016
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	Managers: Pay
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether it is their policy, in circumstances where more than 50 per cent of shareholder votes oppose executive pay awards, that the companies' boards should take note.
tabling member printed	Lord Mendelsohn
uin	HL8135
answer	answer is ministerial correction date of answer 12/05/2016 answer text <p>It has not proved possible to respond to this question in the time available before Prorogation. Ministers will correspond directly with the noble Lord.</p> answering member printed Baroness Neville-Rolfe question first answered 12/05/2016 12:00:15 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	4286 label Biography information for Lord Mendelsohn

516980

registered interest
date	03/05/2016
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	Managers: Pay
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they intend to legislate to change non-binding shareholder votes in relation to executive pay in public companies to binding votes if they pass the 50 per cent threshold.
tabling member printed	Lord Mendelsohn
uin	HL8136
answer	answer is ministerial correction date of answer 12/05/2016 answer text <p>It has not proved possible to respond to this question in the time available before Prorogation. Ministers will correspond directly with the noble Lord.</p> answering member printed Baroness Neville-Rolfe grouped question UIN HL8137 question first answered 12/05/2016 12:00:29 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	4286 label Biography information for Lord Mendelsohn

516982

registered interest
date	03/05/2016
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	Managers: Pay
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they support annual executive pay votes by shareholders, and whether they intend to legislate to stop three-year votes on that issue.
tabling member printed	Lord Mendelsohn
uin	HL8137
answer	answer is ministerial correction date of answer 12/05/2016 answer text <p>It has not proved possible to respond to this question in the time available before Prorogation. Ministers will correspond directly with the noble Lord.</p> answering member printed Baroness Neville-Rolfe grouped question UIN HL8136 question first answered 12/05/2016 12:00:29 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	4286 label Biography information for Lord Mendelsohn

516983

registered interest
date	03/05/2016
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	Managers: Pay
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they will introduce a duty on shareholders of a significant size to address executive pay and company performance and increase those shareholders' reporting requirements to pension trustees.
tabling member printed	Lord Mendelsohn
uin	HL8138
answer	answer is ministerial correction date of answer 12/05/2016 answer text <p>It has not proved possible to respond to this question in the time available before Prorogation. Ministers will correspond directly with the noble Lord.</p> answering member printed Baroness Neville-Rolfe question first answered 12/05/2016 12:00:03 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	4286 label Biography information for Lord Mendelsohn

515555

registered interest
date	25/04/2016
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	Managers: Pay
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what assessment they have made of the Executive Remuneration Working Group’s conclusions that executive pay is "not fit for purpose" and that extensive reform is needed to allay "widespread scepticism and [the] loss of public confidence".
tabling member printed	Lord Mendelsohn
uin	HL7935
answer	answer is ministerial correction date of answer 09/05/2016 answer text <p>The Government has noted the views set out in the interim report of the Executive Remuneration Working Group.</p><p>Government reforms introduced in 2013 provide a significantly more transparent and robust governance framework for executive pay. The reforms give shareholders a binding vote at least every three years on company pay policies and an annual vote on the remuneration report which sets out exactly what directors have been paid. The annual vote is advisory but if the shareholders vote down the report, the company has to bring a revised pay policy to the next Annual General Meeting.</p><p>These reforms give shareholders effective powers to challenge excessive executive pay and to hold boards to account on pay policies and it is now for investors and companies to engage constructively to ensure that pay policies are fit for purpose and that they align the interests of executives, shareholders and companies.</p><p>Evidence from the current round of Annual General Meetings is that the reforms are having an impact and that shareholders are increasingly willing to use these powers where they are dissatisfied. BP and Smith and Nephew’s shareholders, for example, voted against their companies’ remuneration reports and the shareholders of Weir Group voted against that company’s remuneration policy in a binding vote. There have been significant shareholder votes against the remuneration reports at a number of other companies.</p><p>The Government has no current plans for further legislation or regulation, but expects to see companies liaising effectively with shareholders and adjusting pay policies where there is shareholder dissatisfaction.</p> answering member printed Baroness Neville-Rolfe grouped question UIN HL7936 question first answered 09/05/2016 14:23:31 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	4286 label Biography information for Lord Mendelsohn