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1130842

	registered interest
	date	10/06/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Takeovers: Conflict of Interests
	house id	2
	legislature	25277 pref label House of Lords
	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 .
	tabling member printed	Lord Myners
	uin	HL16209
	answer	answer is ministerial correction date of answer 19/06/2019 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 question first answered 19/06/2019 16:42:37 answering member 2616 label Biography information for Lord Henley
	tabling member	3869 label Biography information for Lord Myners

1131491

	registered interest
	date	11/06/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Business: Investment
	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 report by KPMG 2018 Global CEO Outlook: UK, published on 11 June, in regard to business investment in the UK after Brexit.
	tabling member printed	Lord Taylor of Warwick
	uin	HL16285
	answer	answer is ministerial correction date of answer 19/06/2019 answer text <p>The report concluded that uncertainty had weakened CEOs’ confidence in their own country’s growth prospects since the 2017 report; which fell in 6 of the 11 top economies surveyed.</p><p>In the 2019 KPMG report, confidence in the UK economy improved and was matched in official statistics by a 0.5% expansion in business investment in the first quarter of 2019, according to the ONS ‘GDP first quarterly estimate’.</p><p> </p> answering member printed Lord Henley question first answered 19/06/2019 16:42:10 answering member 2616 label Biography information for Lord Henley
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1131490

	registered interest
	date	11/06/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Shopping Centres
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what steps they are taking to support businesses increase footfall in shopping centres.
	tabling member printed	Lord Taylor of Warwick
	uin	HL16284
	answer	answer is ministerial correction date of answer 19/06/2019 answer text <p>The Retail Sector is changing, we are committed to helping communities adapt and support the retail sector during this change. The Government and the retail sector recognise that action is needed to ensure the sector thrives. The creation of the Retail Sector Council demonstrates this commitment to the continued success of the retail sector.</p><p>In Budget 2018, we set out Our Plan for the High Street, a £1.6bn package to support the sustainable transformation of our high streets, including a £675m Future High Streets Fund and a High Streets Task Force to support local leadership.</p> answering member printed Lord Henley question first answered 19/06/2019 16:41:54 answering member 2616 label Biography information for Lord Henley
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1131489

	registered interest
	date	11/06/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Draft Registration of Overseas Entities Bill
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government when they intend to introduce the Registration of Overseas Entities Bill.
	tabling member printed	Baroness Stern
	uin	HL16283
	answer	answer is ministerial correction date of answer 19/06/2019 answer text <p>The Government published a Draft Registration of Overseas Entities Bill on 23 July 2018.</p><p> </p><p>A Joint Committee was appointed to consider and report on the Draft Bill. The Committee made recommendations in a report to both Houses, published on 20 May 2019. The Government welcomes the Committee’s thorough and helpful scrutiny of the Bill. We are considering their recommendations and will publish a response in due course.</p><p> </p><p>The Government intends to introduce the Bill to Parliament early in the second session. Following Royal Assent and the making of secondary legislation, the Government anticipates that the register will be operational in 2021.</p> answering member printed Lord Henley question first answered 19/06/2019 16:41:36 answering member 2616 label Biography information for Lord Henley
	tabling member	2475 label Biography information for Baroness Stern

1131916

	registered interest
	date	12/06/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Energy: Research
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what steps they are taking to encourage the responsible development of materials for new energy technologies.
	tabling member printed	Lord Taylor of Warwick
	uin	HL16334
	answer	answer is ministerial correction date of answer 19/06/2019 answer text <p>We are in regular contact with the UK’s advanced materials sector, and seek to encourage regular engagement between advance material producers and potential end user sectors (including energy, transportation, construction, defence) to maximise the potential for collaboration, supporting the growth of advanced manufacturing in the UK.</p> answering member printed Lord Henley question first answered 19/06/2019 16:41:22 answering member 2616 label Biography information for Lord Henley
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1131900

	registered interest
	date	12/06/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Carbon Capture, Usage and Storage
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government, further to the Written Answer by Lord Henley on 17 April (HL15078), when they will publish the details of the projects that have been successful as part of the Carbon Capture and Utilisation Demonstration Programme and the Call for Carbon Capture, Usage and Storage Innovation.
	tabling member printed	Lord Mendelsohn
	uin	HL16318
	answer	answer is ministerial correction date of answer 19/06/2019 answer text <p>We will be announcing the details of the successful projects in due course.</p> answering member printed Lord Henley question first answered 19/06/2019 16:41:06 answering member 2616 label Biography information for Lord Henley
	tabling member	4286 label Biography information for Lord Mendelsohn

1132187

	registered interest
	date	13/06/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Solar Power: Faversham
	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 proposed construction of a solar farm near Faversham by Cleve Hill Solar Park Ltd, in particular the impact of that development on the (1) local environment, in particular Graveney Marshes, (2) wildlife, and (3) availability of farmland; and what consideration they have given to the representations by local residents made to the Planning Inspectorate about such a development, in particular the 98 per cent of such representations which objected to the development.
	tabling member printed	Earl Cathcart
	uin	HL16348
	answer	answer is ministerial correction date of answer 19/06/2019 answer text <p>The Cleve Hill Solar Park proposal is the subject of an application for development consent under the Planning Act 2008. The application is currently being examined by The Planning Inspectorate with members of the public and other interested parties able to take part in the Examination. The Planning Inspectorate has published an Examination Timetable on its web-site. The Examination will consider a range of issues including biodiversity and nature conservation.</p><p>The Examination will last for up to six months with completion scheduled for 29 November 2019. The Planning Inspectorate then has three months to produce its report and recommendations for my rt. hon. Friend the Secretary of State for Business, Energy and Industrial Strategy who has up to three months to consider them, and all relevant matters that are drawn to his attention, before determining whether consent should be granted or refused.</p><p>The Secretary of State’s role in the decision-making process is quasi-judicial, so it is not appropriate for him or his Ministers to comment on the merits or otherwise of the solar park proposal at this stage.</p> answering member printed Lord Henley question first answered 19/06/2019 16:40:58 answering member 2616 label Biography information for Lord Henley
	tabling member	2463 label Biography information for Earl Cathcart

1131987

	registered interest
	date	13/06/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Department for Business, Energy and Industrial Strategy: Contracts
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what contracts his Department has awarded in each of the last five years that were positively assessed on criteria for (a) UK content, (b) socio-economic weighting and (c) most economically advantageous tender.
	tabling member constituency	North Durham
	tabling member printed	Mr Kevan Jones
	uin	264354
	answer	answer is ministerial correction date of answer 19/06/2019 answer text <p>This question would be a disproportionate cost to answer, as we do not hold this information centrally. However, BEIS is committed to ensuring to creating and fostering a positive environment for businesses in the UK. This is shown through a number of different activities, for example the UK Steel Charter, which maximises opportunities for UK steel producers in relation to the procurement of steel for major projects.</p> answering member constituency Pendle answering member printed Andrew Stephenson question first answered 19/06/2019 16:31:03 answering member 4044 label Biography information for Andrew Stephenson
	tabling member	1438 label Biography information for Mr Kevan Jones

1132015

	registered interest
	date	13/06/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Energy Performance Certificates
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the cost to the public purse of ensuring that the housing stock in each local authority area up to Energy Performance Certificate bands (a) B and (b) C.
	tabling member constituency	Stroud
	tabling member printed	Dr David Drew
	uin	264311
	answer	answer is ministerial correction date of answer 19/06/2019 answer text <p>In the Clean Growth Strategy, we set out our aspiration that as many homes as possible will be upgraded to an Energy Performance Certificate (EPC) Band C by 2035, where practical, cost effective and affordable.</p><p> </p><p>We estimate that, to meet our stated ambition, cost-effective improvements to homes would cost in the region of £35-65bn, though there would also be significant benefits to consumers from lower energy bills. We do not hold data on how this cost breaks down by local authority area, which would depend on a wide range of factors.</p> answering member constituency Kingswood answering member printed Chris Skidmore question first answered 19/06/2019 16:26:35 answering member 4021 label Biography information for Chris Skidmore
	tabling member	252 label Biography information for Dr David Drew

1132139

	registered interest
	date	13/06/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Ofgem: Environmental Protection
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what statutory obligations Ofgem has in relation to environmental and decarbonisation aspects of energy policy.
	tabling member constituency	Southampton, Test
	tabling member printed	Dr Alan Whitehead
	uin	264294
	answer	answer is ministerial correction date of answer 19/06/2019 answer text <p>The Strategic Policy Statement (SPS) is a discretional policy tool, introduced under the Energy Act 2013, for use by a Secretary of State. There is no obligation for a Secretary of State to issue an SPS.</p><p>Under the Gas Act 1986 and the Electricity Act 1989 Ofgem’s principal legal duty is to protect the interests of existing and future consumers, including “their interests in the reduction of electricity (and gas) supply emissions of targeted greenhouse gases”. The regulator must also have regard to the gas and electricity systems’ effect on the environment (Part 1, section 5 of GA86 and EA89).</p><p>Ofgem is required to have regard to guidance issued by the Secretary of State on environmental and social matters when carrying out its duties and functions. Ofgem sets out annually how it is has helped the Government make progress towards its environmental goals. <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.ofgem.gov.uk%2Fpublications-and-updates%2Fletter-secretary-state-social-and-environmental-guidance-2018&amp;data=02%7C01%7CMyra.Fazal%40beis.gov.uk%7Cb22f0135363d43e341d808d6f32aff89%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C636963763325211325&amp;sdata=XJefBSyyw0jv9MD2pLcaalQpO26f7vCBm3o11npQU5k%3D&amp;reserved=0" target="_blank">https://www.ofgem.gov.uk/publications-and-updates/letter-secretary-state-social-and-environmental-guidance-2018</a></p> answering member constituency Kingswood answering member printed Chris Skidmore grouped question UIN 264292 264293 question first answered 19/06/2019 16:25:39 answering member 4021 label Biography information for Chris Skidmore
	tabling member	62 label Biography information for Dr Alan Whitehead