Linked Data API

Show Search Form

Search Results

156561
star this property registered interest false more like this
star this property date less than 2014-11-19more like thismore than 2014-11-19
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading Quindell more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government whether they are investigating Quindell plc and its board of directors and financial advisers; and if not, whether they plan to do so. more like this
star this property tabling member printed
Lord Myners more like this
unstar this property uin HL2984 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-12-01more like thismore than 2014-12-01
star this property answer text <p>Quindell plc is Alternative Investment Market (AIM) listed which is controlled by London Stock Exchange and any enquiry relating to possible market abuse sits within the remit of the Financial Conduct Authority.</p><p> </p><p>The Government’s Insolvency Service has discretionary powers under the Companies Acts to conduct enquiries on behalf of the Secretary of State where it appears that there has been misconduct in relation to the affairs of any company, including those not subject to formal insolvency.</p><p> </p><p> </p><p> </p><p>For the investigation process to be effective it is essential to maintain confidentiality at all stages and there is also a need to protect the commercial interest of companies against the danger of damage from malicious complaints. For these reasons there are legal restrictions on disclosing information obtained during an enquiry and The Service does not confirm or deny whether an investigation of a particular company is taking place.</p><p> </p><p>Where other regulators and investigating agencies are involved, the Insolvency Service would liaise closely to ensure public money is not wasted duplicating resources.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p>
star this property answering member printed Baroness Neville-Rolfe remove filter
star this property question first answered
less than 2014-12-01T12:09:55.55Zmore like thismore than 2014-12-01T12:09:55.55Z
star this property answering member
4284
star this property label Biography information for Baroness Neville-Rolfe more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
172688
star this property registered interest false more like this
star this property date less than 2015-01-08more like thismore than 2015-01-08
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading City Link more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government whether they will examine the financial support undertakings given to City Link by its owner; and whether they have estimated the cost to the taxpayer of the withdrawal of the committed support. more like this
star this property tabling member printed
Lord Myners more like this
unstar this property uin HL4008 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2015-01-20more like thismore than 2015-01-20
star this property answer text <p><strong> </strong></p><p> </p><p>The Insolvency Service will consider the conduct of the directors of City Link in connection with the management of the company. This would include any issues associated with financial support offered by its owner or by third parties.</p><p> </p><p> </p><p> </p><p>It is not uncommon that an insolvent company has insufficient money to pay their creditors in full - including employees - and that is why there are special arrangements for employees who are made redundant on the insolvency of their employer. These provisions ensure employees receive a basic minimum of the debts owed by the employer from the National Insurance Fund.</p><p> </p><p> </p><p> </p><p>It is too early to provide an estimate of the cost of the payments to former employees of City Link. However, I can confirm that there are statutory limits on these payments, such as the £464 cap on a week’s pay.</p><p> </p> more like this
star this property answering member printed Baroness Neville-Rolfe remove filter
star this property question first answered
less than 2015-01-20T12:51:55.593Zmore like thismore than 2015-01-20T12:51:55.593Z
star this property answering member
4284
star this property label Biography information for Baroness Neville-Rolfe more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
175415
star this property registered interest false more like this
star this property date less than 2015-01-23more like thismore than 2015-01-23
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading Bank Services: St Agnes more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government whether they will take steps to ensure the continued presence of commercial retail banking services in St Agnes, Cornwall; and whether they will investigate proposals by Barclays to close the only remaining retail banking branch in that area. more like this
star this property tabling member printed
Lord Myners more like this
unstar this property uin HL4401 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2015-02-09more like thismore than 2015-02-09
star this property answer text <p>Officials at the Department for Business have discussed with Barclays the rationale for the proposed closure of its branch in St Agnes. Ultimately, however, the decision on whether to retain a branch in the town is a matter for the management of the bank who will need to balance customer interests, market competition and other commercial factors.</p><p> </p><p> </p><p> </p><p>The Government, nonetheless, recognises that bank branch closures can have a significant impact on customers, particularly vulnerable customers such as the elderly, the disabled, those on low incomes, and small businesses. It is therefore pressing the banking sector to finalise a new branch closure protocol.</p><p> </p><p> </p><p> </p><p>The Government is also clear that there is an important role to play for Post Office in maintaining communities’ physical access to banking services. Barclays (and most other banks) have commercial arrangements in place with Post Office allowing personal current account customers to withdraw money and deposit cash and cheques at Post Office branches, including the one in St Agnes. Approximately 95% of UK personal account customers are already able to access banking services at the Post Office, and negotiations are underway to increase this coverage to closer to 100%.</p><p> </p><p> </p><p> </p><p> </p><p> </p>
star this property answering member printed Baroness Neville-Rolfe remove filter
star this property question first answered
less than 2015-02-09T17:24:47.693Zmore like thismore than 2015-02-09T17:24:47.693Z
star this property answering member
4284
star this property label Biography information for Baroness Neville-Rolfe more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
515522
star this property registered interest false more like this
star this property date less than 2016-04-25more like thismore than 2016-04-25
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading Insolvency more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government whether they will review the legislation protecting creditors in the event of business failure. more like this
star this property tabling member printed
Lord Myners more like this
unstar this property uin HL7902 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-05-10more like thismore than 2016-05-10
star this property answer text <p>We do keep insolvency legislation under review. We seek to ensure that the legislative framework strikes the right balance between rescuing a business, which may also save jobs, and the rights of creditors who may lose out financially.</p> more like this
star this property answering member printed Baroness Neville-Rolfe remove filter
star this property question first answered
less than 2016-05-10T11:36:46.98Zmore like thismore than 2016-05-10T11:36:46.98Z
star this property answering member
4284
star this property label Biography information for Baroness Neville-Rolfe more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
515523
star this property registered interest false more like this
star this property date less than 2016-04-25more like thismore than 2016-04-25
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading British Home Stores: Insolvency more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government whether they will establish an inquiry into the circumstances surrounding BHS being placed in administration, and in particular in to the implications for employees, pension scheme members and creditors. more like this
star this property tabling member printed
Lord Myners more like this
unstar this property uin HL7903 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-05-03more like thismore than 2016-05-03
star this property answer text <p>When a company enters administration, the administrators have to report to my right hon. Friend the Secretary of State for Business, Innovation and Skills within three months on the conduct of the directors.</p><p>In the case of BHS the Insolvency Service is making early contact with the administrators to discuss the directors’ conduct and to consider whether further steps, such as a detailed investigation, may be necessary.</p><p>Where misconduct is established it can lead to disqualification of a director for between 2 and 15 years.</p> more like this
star this property answering member printed Baroness Neville-Rolfe remove filter
star this property question first answered
less than 2016-05-03T11:39:50.537Zmore like thismore than 2016-05-03T11:39:50.537Z
star this property answering member
4284
star this property label Biography information for Baroness Neville-Rolfe more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
515524
star this property registered interest false more like this
star this property date less than 2016-04-25more like thismore than 2016-04-25
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading British Home Stores: Insolvency more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government whether they have had any talks with the owners, managers or advisers to BHS; and whether they will take any action to protect employees, creditors and pensioners. more like this
star this property tabling member printed
Lord Myners more like this
unstar this property uin HL7904 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-05-03more like thismore than 2016-05-03
star this property answer text <p>This is a worrying time for the BHS workforce and their families.</p><p>I understand that there are no plans for immediate store closures and that the administrators are looking to sell BHS as a going concern.</p><p>Clearly if this proves not to be possible, then we stand ready to help those affected, including through Jobcentre Plus’ Rapid Response Service, to help people move into new jobs as quickly as possible.</p><p>The Insolvency Service continues to liaise with the administrators, and stands ready to provide statutory assistance to employees in the event that the commercial situation changes.</p><p>I understand that the BHS schemes are in the early stages of a Pension Protection Fund (PPF) assessment period, during which the PPF will determine the final funding position of the scheme and whether it should assume responsibility for a scheme. We cannot comment on this, or any other individual case directly.</p> more like this
star this property answering member printed Baroness Neville-Rolfe remove filter
star this property question first answered
less than 2016-05-03T11:39:14.223Zmore like thismore than 2016-05-03T11:39:14.223Z
star this property answering member
4284
star this property label Biography information for Baroness Neville-Rolfe more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
515916
star this property registered interest false more like this
star this property date less than 2016-04-26more like thismore than 2016-04-26
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading British Home Stores: Insolvency more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government, further to the Statement by the Business Minister, Anna Soubry, on 25 April (HC Deb, col 1174), what assistance they plan to offer BHS or Retail Acquisitions. more like this
star this property tabling member printed
Lord Myners more like this
unstar this property uin HL7982 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-05-10more like thismore than 2016-05-10
star this property answer text Workers and their families will be worried by the news that BHS has been placed in the hands of administrators. The Administrator must secure the best possible result for the business, starting with rescuing it if possible as a going concern. If this does not prove possible, then we stand ready to help those affected, including through Jobcentre Plus’ Rapid Response Service, to help people move into new jobs as quickly as possible. more like this
star this property answering member printed Baroness Neville-Rolfe remove filter
star this property question first answered
less than 2016-05-10T14:49:46.857Zmore like thismore than 2016-05-10T14:49:46.857Z
star this property answering member
4284
star this property label Biography information for Baroness Neville-Rolfe more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
516408
star this property registered interest false more like this
star this property date less than 2016-04-27more like thismore than 2016-04-27
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading Comet Group: Insolvency more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government whether they will publish the report produced by the Insolvency Service on the collapse of the Comet Group, and whether they will take that report into account when conducting any review of the circumstances leading to the collapse of BHS. more like this
star this property tabling member printed
Lord Myners more like this
unstar this property uin HL8046 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-05-05more like thismore than 2016-05-05
star this property answer text <p>The Insolvency Service investigated Comet under provisions of the Companies Act, which means it is not possible to publish the report.</p><p>The Insolvency Service continuously builds on the experience gained in all its investigations to inform its work.</p> more like this
star this property answering member printed Baroness Neville-Rolfe remove filter
star this property question first answered
less than 2016-05-05T15:33:24.863Zmore like thismore than 2016-05-05T15:33:24.863Z
star this property answering member
4284
star this property label Biography information for Baroness Neville-Rolfe more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
516985
star this property registered interest false more like this
star this property date less than 2016-05-03more like thismore than 2016-05-03
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading Retail Acquisitions more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government whether they will investigate the compliance of professional advisers to Retail Acquisitions with know-your-customer and money-laundering regulations. more like this
star this property tabling member printed
Lord Myners more like this
unstar this property uin HL8140 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-05-10more like thismore than 2016-05-10
star this property answer text <p>A regulatory framework is in place to deal with non-compliance with know-your-customer and money-laundering regulations. However, this is not the focus of the current investigation by the Insolvency Service into BHS.</p><p>If, during the course of the current Insolvency Service investigation into BHS, it appears that there is good reason to widen the scope of its enquires, the Insolvency Service has powers under the Companies Act 1985 to initiate confidential enquiries.</p> more like this
star this property answering member printed Baroness Neville-Rolfe remove filter
star this property question first answered
less than 2016-05-10T14:54:29.613Zmore like thismore than 2016-05-10T14:54:29.613Z
star this property answering member
4284
star this property label Biography information for Baroness Neville-Rolfe more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
518108
star this property registered interest false more like this
star this property date less than 2016-05-09more like thismore than 2016-05-09
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading Retail Trade: Voucher Schemes more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government whether they will investigate the case for sales of gift vouchers by retailers to be backed by cash collateral held in independent escrow. more like this
star this property tabling member printed
Lord Myners more like this
unstar this property uin HL8268 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-05-11more like thismore than 2016-05-11
star this property answer text <p>Her Majesty’s Government has asked the Law Commission to consider the treatment of gift vouchers and pre-payments in the event of retailer insolvency. The Government will consider carefully any recommendations that may emerge on this question once the Law Commission’s report is published in the summer of 2016.</p> more like this
star this property answering member printed Baroness Neville-Rolfe remove filter
star this property question first answered
less than 2016-05-11T11:39:32.777Zmore like thismore than 2016-05-11T11:39:32.777Z
star this property answering member
4284
star this property label Biography information for Baroness Neville-Rolfe more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter