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445413

	registered interest
	date	18/01/2016
	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	Green Investment Bank: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 14 September 2015 to Question 8988, whether the Government has taken a decision on the funding of the Green Investment Bank's business activity in future years.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	22804
	answer	answer is ministerial correction date of answer 21/01/2016 answer text <br /> <br /><p>Government funding for the Green Investment Bank (GIB) for the 2016-17 period and beyond has now been announced as part of the current spending review. This is a good settlement for GIB and provides what GIB management wanted by allowing for 100% funding of GIB’s investments to the point of majority sale, assuming a sale in the next financial year.</p><p><strong></strong></p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 21/01/2016 17:32:54 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan

428984

	registered interest
	date	18/11/2015
	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
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what recent assessment he has made of the potential effect of the proposed Transatlantic Trade and Investment Partnership agreement on (a) the UK economy as a whole, (b) each region and nation of the UK's economy, (c) each business sector in the UK economy, (d) large UK businesses and (e) UK SMEs.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	16915
	answer	answer is ministerial correction date of answer 23/11/2015 answer text <br /><p>An independent assessment of the potential economic impact of the Transatlantic Trade and Investment Partnership (TTIP) on the UK as a whole was carried out by the Centre for Economic Policy Research (CEPR). The CEPR analysis includes an assessment of the impact on twenty broad sectors of the economy, with estimated impacts on output, trade and shifts in employment. This can be found on the GOV.UK website.</p><br /><p>The CEPR assessment demonstrated that TTIP offers an enormous economic benefit: in growth, exports and high quality jobs, worth up to £10 billion a year. Small businesses in particular will benefit from removing unnecessary barriers to trade.</p><p><strong></strong></p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 23/11/2015 17:36:38 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan

438118

	registered interest
	date	14/12/2015
	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	Business: Advisory Services
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what discussions he had with small businesses and entrepreneurs on the planned closure of the Business Growth Service.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	20048
	answer	answer is ministerial correction date of answer 17/12/2015 answer text <br /><p>The Department for Business, Innovation and Skills continues to have discussions with businesses and their representatives. They have told us that there is strong appetite in the private sector to fill the gap in the market and develop sustainable offers of support.</p><p><strong></strong></p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 17/12/2015 12:02:25 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan

424845

	registered interest
	date	29/10/2015
	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	Green Investment Bank: Privatisation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what plans his Department has for the £1.8 billion of uncommitted Green Investment Bank funds following privatisation of that bank.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	14149
	answer	answer is ministerial correction date of answer 04/11/2015 answer text <br /><p>The Government allocated up to £3.8 billion of funds to Green Investment Bank (GIB) for investment in the period to March 2016. To date, GIB has made commitments totalling £2.1billion. Government will fund these and any further commitments GIB enters into during the current year to March 2016.</p><br /><p>GIB’s funding needs for the year 2016/17 are being considered as part of the current spending review and the outcome will be announced later in the year.</p><p><strong></strong></p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 04/11/2015 17:31:36 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan

446215

	registered interest
	date	20/01/2016
	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	Green Investment Bank: Privatisation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what the timescale is for privatisation of the Green Investment Bank; and whether he has made contingency plans to extend that timescale in the event of adverse market conditions.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	23450
	answer	answer is ministerial correction date of answer 26/01/2016 answer text <br /><p>The Government has previously stated that it is seeking to sell a majority stake in the Green Investment Bank (GIB) in the financial year 2016/17.</p><br /><p>Strong market interest currently exists for the GIB and we expect this timetable to be successfully met. Any extension would be considered nearer to the end of that timetable, should it be required.</p><p><strong></strong></p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 26/01/2016 14:24:38 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan

446207

	registered interest
	date	20/01/2016
	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	Green Investment Bank: Privatisation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what estimate his Department has made of the potential costs to (a) consumers and (b) the public purse of the privatisation of the Green Investment Bank.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	23437
	answer	answer is ministerial correction date of answer 27/01/2016 answer text <br /><p>The Government is moving UK Green Investment Bank plc (GIB) into private ownership so it can continue operating in the same way it does now only funded with private capital rather than relying on taxpayers’ support. The detailed background and supporting case for this move was set out in the policy statement we published on 18 November.</p><br /><p>Decisions on the proposed sale are being taken in accordance with best practice to ensure all available options are properly examined in a detailed business case and that a robust valuation process is followed. We expect taxpayers to gain a receipt to the public purse from a majority sale of GIB, and to benefit from reduced public funding requirements in future.</p><br /> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 27/01/2016 16:23:26 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan

445416

	registered interest
	date	18/01/2016
	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	Green Investment Bank: Privatisation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, whether the Government has undertaken an environmental impact assessment of its policy to privatise the Green Investment Bank.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	22816
	answer	answer is ministerial correction date of answer 21/01/2016 answer text <p><br></p><p>As set out in the answer to question 22471 on 18 January, the Government is moving UK Green Investment Bank plc (GIB) into private ownership so it can continue operating in the same way it does now only funded with private capital rather than relying on taxpayers’ support. The detailed background and supporting case for this move was set out in the policy statement we published on 18 November. Decisions on the proposed sale are being taken in accordance with best practice to ensure all available options are properly examined in a detailed business case and that a robust valuation process is followed. The process does not involve preparation of an environmental impact assessment as we do not envisage any direct environmental or regulatory impacts of a majority sale of GIB, or changes to pre-existing policy goals for GIB.</p><br /> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 21/01/2016 17:42:19 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan

513201

	registered interest
	date	15/04/2016
	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	Iron and Steel: Dumping
	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 has taken to examine measures other European countries have taken to protect their steel industries against dumping to inform his policies.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	34225
	answer	answer is ministerial correction date of answer 27/04/2016 answer text <p><strong> </strong></p><p> </p><p>Anti-dumping policy is agreed at EU level so all EU member states adopt identical trade measures to protect EU industry from dumping. These measures are only imposed following an investigation by the European Commission, which in turn must be prompted by a complaint from European industry. The EU currently has 37 anti-dumping and anti-subsidy measures in place on steel and steel products.</p><p> </p><p>As part of the International Comparisons Working Group, established following the Steel Summit on 16 October 2015, the Government has, in conjunction with representatives of the UK steel industry, examined the anti-dumping policies of some non-EU countries. The work was informed, in part, by European Commission’s own evaluation of its trade defence instruments published in 2012[1], which included a detailed comparison of the trade defence policies of other countries.</p><p><strong> </strong></p><p> </p><p>[1] Evaluation of the European Union’s Trade Defence Instruments. BKP Development and Research 2012. Vol 1 and 2.</p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 27/04/2016 15:26:06 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan

448946

	registered interest
	date	29/01/2016
	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	Green Investment Bank: Privatisation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what mechanisms he plans to put in place to measure and monitor (a) value for money for the public purse and (b) the effect on the green economy of a privatised Green Investment Bank; and if he will report regularly to the House on those aspects.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	24964
	answer	answer is ministerial correction date of answer 08/02/2016 answer text <p><strong> </strong></p><p> </p><p>Details of why the Government believes moving UK Green Investment Bank plc (GIB) into private ownership represents the best way to enable the company to deliver its ambitious green business plan and have a greater impact on green investment while minimising burdens on the UK taxpayer are provided in our November 2015 policy statement on the future of GIB and are further set out in the Government’s response to the Environmental Audit Committee’s report on the future of GIB which was laid in Parliament on 2 February. Both documents can be found on the GIB pages of the GOV.UK website.</p><p> </p><p>The Government has committed to report to Parliament setting out our plans for a sale of GIB and will provide a further report following completion of a transaction and any subsequent transactions.</p><p><strong> </strong></p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 08/02/2016 16:07:28 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan

455190

	registered interest
	date	25/02/2016
	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	Sunday Trading: Research
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what research has been commissioned by his Department into the effects of the extension of Sunday opening hours in each year for which data is available.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	28540
	answer	answer is ministerial correction date of answer 01/03/2016 answer text <p><strong> </strong></p><p> </p><p>In 2006 Indepen were commissioned by the DTI to evaluate the economic costs and benefits of extending Sunday Trading hours, a copy of the report can be found on the GOV.UK website.</p><p> </p><p>My Department has not commissioned any research since then into the effects of the extension of Sunday opening hours.</p><p><strong> </strong></p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 01/03/2016 15:26:19 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan