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77841

	registered interest
	date	15/07/2014
	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	Trade Fairs: Farnborough
	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 he has made of the net benefit to the UK export sector as a result of the recent Farnborough Airshow.
	tabling member constituency	Ribble Valley
	tabling member printed	Mr Nigel Evans
	uin	206009
	answer	answer is ministerial correction date of answer 10/09/2014 answer text <p><ins class="ministerial">Farnborough is an important showcase for the UK aerospace sector. The Department does not make estimates of aerospace exports arising as a result of the Farnborough Airshow. However, given the UK’s position as a leading supplier to the world’s aerospace industry, our industry is likely to be a major beneficiary of many of the new orders announced at the Show.</ins></p><p><ins class="ministerial">Recent data from the Aerospace Defence and Security trade association show aerospace exports grew by 12% in 2013 to £25 billion.</ins></p><p><br /><del class="ministerial">There has been significant interest in UK Export Finance’s (UKEF) Direct Lending Facility (DLF) since its enhancements were announced in the Budget. Since it was relaunched on 30 June 2014, the pipeline of potential export contracts has developed and now involves 28 UK-based exporters of varying size and export experience. As it stands, the pipeline has 35 potential export contracts that range from £3m to over £350m. Most importantly, the DLF pipeline is growing.</del></p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock previous answer version 11700 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock 19350 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock question first answered 10/09/2014 15:27:30 question first ministerially corrected 29/10/2014 14:19:01 answering member 4070 label Biography information for Matt Hancock
	tabling member	474 label Biography information for Mr Nigel Evans

79478

	registered interest
	date	22/07/2014
	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	Students: Loans
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government whether they have plans to initiate a review of the sustainability of the student loans system.
	tabling member printed	Baroness Deech
	uin	HL1377
	answer	answer is ministerial correction date of answer 11/08/2014 answer text <p> </p><p>There are no current plans to initiate a formal review of the student loans system in England.</p><p> </p><p> </p><p> </p><p>The costs of the loan system are based on projections of graduate repayments over the next 35 years. These projections were revised in 2013-14 following changes to the student loan repayments model but will continue to fluctuate due to numerous macroeconomic variables, and present no immediate pressure on the system. Funding for new student loans is secure for the remainder of the Spending Review period.</p><p> </p><p> </p><p> </p> answering member printed Lord Popat question first answered 11/08/2014 11:43:29 question first ministerially corrected 08/09/2014 08:16:28 answering member 4173 label Biography information for Lord Popat previous answer version 16050 answering member printed Lord Wallace of Saltaire answering member 1816
	tabling member	3756 label Biography information for Baroness Deech

60645

	registered interest
	date	09/06/2014
	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	New Businesses: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, how many Start Up Loans applications have been supported by each approved provider of Start Up Loans mentoring services in each region in which the new company was based or planned to be based.
	tabling member constituency	Chesterfield
	tabling member printed	Toby Perkins
	uin	199740
	answer	answer is ministerial correction date of answer 16/06/2014 answer text <p> </p><p>All loan recipients in all regions receiving a start-up loan are offered mentoring, although take up of support services is not a mandatory condition of making the facility available. The number of loans made in each region will be placed in the Libraries of the House.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 16/06/2014 16:49:08 question first ministerially corrected 17/06/2014 14:06:28 answering member 4070 label Biography information for Matt Hancock attachment 1 file name aTTACHMENT TO 199740.docx title Start up Loan applications previous answer version 1697 answering member constituency Sevenoaks answering member printed Michael Fallon answering member 88 attachment 1 file name aTTACHMENT TO 199740.docx title Start up Loan applications
	tabling member	3952 label Biography information for Mr Toby Perkins

77834

	registered interest
	date	15/07/2014
	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	Business: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, how many firms have received assistance under the Direct Lending Scheme to date.
	tabling member constituency	Streatham
	tabling member printed	Mr Chuka Umunna
	uin	206025
	answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p> </p><p> </p><p>There has been significant interest in UK Export Finance’s (UKEF) Direct Lending Facility (DLF) since its enhancements were announced in the Budget. Since it was relaunched on 30 June 2014, the pipeline of potential export contracts has developed and now involves 28 UK-based exporters of varying size and export experience. As it stands, the pipeline has 35 potential export contracts that range from £3m to over £350m. Most importantly, the DLF pipeline is growing.</p><p> </p><p><br> <br></p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 10/09/2014 15:33:12 answering member 4070 label Biography information for Matt Hancock previous answer version 11686 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
	tabling member	4128 label Biography information for Chuka Umunna

77910

	registered interest
	date	15/07/2014
	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	Arms Trade: Exports
	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 he has made of the net benefit to UK defence exports as a result of the recent Farnborough Airshow.
	tabling member constituency	Ribble Valley
	tabling member printed	Mr Nigel Evans
	uin	206008
	answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p>Farnborough is an important showcase for the UK Defence sector, the Department does not make estimates of defence exports arising as a result of the Farnborough Airshow, but recent figures released show that defence exports grew by 11% in 2013 to £9.8 billion. Previous exhibitions such as Farnborough 2012 are likely to have contributed to these figures.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 10/09/2014 15:12:59 answering member 4070 label Biography information for Matt Hancock previous answer version 11704 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
	tabling member	474 label Biography information for Mr Nigel Evans

78334

	registered interest
	date	16/07/2014
	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	Defence Equipment: Exhibitions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, whether companies which have been previously ejected from the DSEI arms fair for selling equipment which could be used for torture are permitted to exhibit at future similar events in London.
	tabling member constituency	Birmingham, Hall Green
	tabling member printed	Mr Roger Godsiff
	uin	206108
	answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p> </p><p> </p><p> </p><p> </p><p>DSEI is a commercial exhibition run by Clarion Events. The decision whether to allow a company to exhibit is a matter for Clarion Events in compliance with UK law and export control regulation.</p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 10/09/2014 14:28:09 answering member 4070 label Biography information for Matt Hancock previous answer version 11711 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
	tabling member	304 label Biography information for Mr Roger Godsiff

78359

	registered interest
	date	16/07/2014
	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	Royal Mail
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what (a) meetings and (b) discussions on the privatisation of Royal Mail took place between (i) Ministers, (ii) officials, (iii) the Financial Adviser to HM Government, (iv) the banking syndicate working on the privatisation and (v) priority investors (A) ahead of and (B) since the privatisation of Royal Mail.
	tabling member constituency	Streatham
	tabling member printed	Mr Chuka Umunna
	uin	206368
	answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p><strong> </strong></p><p> </p><p> </p><p> </p><p>There were no meetings between Ministers or Officials and investors in the lead up to the IPO. Regular meetings and discussions took place between Minsters and Officials, and between Officials and Advisers and Glocos ahead of the IPO. Since then, officials have met with members of the banking syndicate and investors in relation to Select Committee hearings.</p><p> </p><p> </p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 10/09/2014 15:38:49 answering member 4070 label Biography information for Matt Hancock previous answer version 13049 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
	tabling member	4128 label Biography information for Chuka Umunna

78648

	registered interest
	date	17/07/2014
	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	Tax Avoidance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, whether UK Export Finance monitors the use of booking centres as part of its anti-money laundering policy.
	tabling member constituency	Bassetlaw
	tabling member printed	John Mann
	uin	206423
	answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p>UK Export Finance does not monitor the use of booking centres as such, but undertakes anti-money laundering due diligence on the export transactions it is asked to support which includes, and is not limited to, requiring written assurances in relation to money laundering from the institution, normally a bank, from which the UKEF-supported export credit loan is booked and disbursed.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 10/09/2014 13:52:37 answering member 4070 label Biography information for Matt Hancock
	tabling member	1387 label Biography information for Lord Mann

79269

	registered interest
	date	22/07/2014
	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	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 his policy is on the investor state dispute settlement mechanism in the Trans-Atlantic Trade and Investment Partnership agreement.
	tabling member constituency	Paisley and Renfrewshire North
	tabling member printed	Jim Sheridan
	uin	206910
	answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p>The purpose of an investor-state dispute settlement (ISDS) mechanism in an investment protection agreement is to provide an independent process for foreign investors to seek compensation where they believe they have suffered a loss as a result of action by the host state which breaches the provisions of the treaty. ISDS provisions can help to create a positive investment climate and promote growth. As such, ISDS will not have a direct impact on consumers, who will benefit from other elements of the Transatlantic Trade and Investment Partnership (TTIP) and who have separate routes for seeking redress. The UK currently has over 90 investment protection agreements with other countries. While a number of UK businesses have used ISDS to seek compensation, there has been no successful action against the UK in respect of any of these agreements. The Department for Business, Innovation and Skills has commissioned research into investment protection agreements and the ISDS mechanism, reviewed academic research, consulted external experts and carried out its own internal analysis on investment provisions. The ISDS provisions in TTIP are still under negotiation. We believe these provisions must strike the right balance between protecting investors and the host nation’s right to regulate and determine policy. Balanced investment protection provisions in TTIP could act as a model for future trade and investment agreements.</p><p> </p><p> </p><p> </p><p>I am not aware of having received any representations from South Africa, Ecuador, India and Indonesia on investor state dispute settlement in the TTIP negotiations.</p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206909 206911 206923 206924 question first answered 10/09/2014 14:38:37 answering member 4070 label Biography information for Matt Hancock
	tabling member	1464 label Biography information for Jim Sheridan

79274

	registered interest
	date	22/07/2014
	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	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 assessment he has made of the potential effect on consumers of the inclusion of an investor state dispute settlement mechanism in the Trans-Atlantic Trade and Investment Partnership agreement.
	tabling member constituency	Paisley and Renfrewshire North
	tabling member printed	Jim Sheridan
	uin	206911
	answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p>The purpose of an investor-state dispute settlement (ISDS) mechanism in an investment protection agreement is to provide an independent process for foreign investors to seek compensation where they believe they have suffered a loss as a result of action by the host state which breaches the provisions of the treaty. ISDS provisions can help to create a positive investment climate and promote growth. As such, ISDS will not have a direct impact on consumers, who will benefit from other elements of the Transatlantic Trade and Investment Partnership (TTIP) and who have separate routes for seeking redress. The UK currently has over 90 investment protection agreements with other countries. While a number of UK businesses have used ISDS to seek compensation, there has been no successful action against the UK in respect of any of these agreements. The Department for Business, Innovation and Skills has commissioned research into investment protection agreements and the ISDS mechanism, reviewed academic research, consulted external experts and carried out its own internal analysis on investment provisions. The ISDS provisions in TTIP are still under negotiation. We believe these provisions must strike the right balance between protecting investors and the host nation’s right to regulate and determine policy. Balanced investment protection provisions in TTIP could act as a model for future trade and investment agreements.</p><p> </p><p> </p><p> </p><p>I am not aware of having received any representations from South Africa, Ecuador, India and Indonesia on investor state dispute settlement in the TTIP negotiations.</p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206909 206910 206923 206924 question first answered 10/09/2014 14:38:37 answering member 4070 label Biography information for Matt Hancock
	tabling member	1464 label Biography information for Jim Sheridan