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1682802

registered interest
date	17/01/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	UK Trade with EU: Republic of Ireland
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made of how many jobs in the Republic of Ireland are currently dependent on trade with the UK.
tabling member printed	Lord Browne of Belmont
uin	HL1684
answer	answer is ministerial correction date of answer 31/01/2024 answer text <p>According to the <a href="https://stats.oecd.org/Index.aspx?DataSetCode=TIM_2023" target="_blank">OECD’s Trade in Employment database</a>, exports to the UK supported around 172,500 jobs in the Republic of Ireland in 2020.</p> answering member printed Lord Johnson of Lainston question first answered 31/01/2024 11:48:56 answering member 4949 label Biography information for Lord Johnson of Lainston
tabling member	3801 label Biography information for Lord Browne of Belmont

1682812

registered interest
date	17/01/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Recovery Loan Scheme
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government whether they plan to extend the Recovery Loan Scheme which is due to expire in June; and if so, when this will be announced, and when it will be extended until.
tabling member printed	Lord Kamall
uin	HL1695
answer	answer is ministerial correction date of answer 01/02/2024 answer text <p>As at 30 June 2023, businesses had drawn more than 20,000 facilities, totalling more than £4.34bn, through the Recovery Loan Scheme.</p><p>We are consulting with lenders and business representative organisations on how best to continue to support businesses, including on the role of a government-backed loan guarantee scheme. Any such scheme would be announced in Parliament in due course.</p> answering member printed Lord Johnson of Lainston question first answered 01/02/2024 15:25:48 answering member 4949 label Biography information for Lord Johnson of Lainston
tabling member	4909 label Biography information for Lord Kamall

1682830

registered interest
date	17/01/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Audits
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government whether they or the Financial Reporting Council has issued any guidance in relation to the duties of auditors under section 498(1)(a) of the Companies Act 2006.
tabling member printed	Lord Sikka
uin	HL1714
answer	answer is ministerial correction date of answer 31/01/2024 answer text <p>Sections 498(1) and 498(2) of the Companies Act 2006 covering auditors' investigations as to accounting records require an auditor to report by exception if adequate accounting records have not been kept or returns for the audit of records have not been received from branches. International Standard on Auditing (UK) 700, issued by the Financial Reporting Council as the UK's standard setter, sets out an auditor's statutory responsibility to report on adequate accounting records.</p><p>Auditors should also consider technical guidance (01/11) issued by the Institute for Chartered Accountants in England and Wales on directors' duties as to accounting records.</p> answering member printed Lord Johnson of Lainston question first answered 31/01/2024 15:02:55 answering member 4949 label Biography information for Lord Johnson of Lainston
tabling member	4885 label Biography information for Lord Sikka

1681730

registered interest
date	11/01/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Legislation: Reviews
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what plans they have to undertake post-legislative review of (1) the Business and Planning Act 2020, (2) the Corporate Insolvency and Governance Act 2020, (3) the Trade (Disclosure of Information) Act 2020, and (4) the United Kingdom Internal Market Act 2020, in line with the policy of reviewing Acts three to five years after enactment.
tabling member printed	Lord Norton of Louth
uin	HL1527
answer	answer is ministerial correction date of answer 25/01/2024 answer text <p>All bills that have reached Royal Assent are eligible for post-legislative scrutiny three to five years after they are enacted.</p><p> </p><p>The Trade (Disclosure of Information) Act 2020 was repealed by the Trade Act 2021 and is no longer in force.</p><p> </p><p>There is no planned timetable for post legislative scrutiny of the other bills mentioned in the question.</p> answering member printed Lord Johnson of Lainston question first answered 25/01/2024 17:41:23 answering member 4949 label Biography information for Lord Johnson of Lainston
tabling member	3187 label Biography information for Lord Norton of Louth

1681353

registered interest
date	10/01/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Trade Agreements: Parliamentary Scrutiny
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government whether they plan to adapt the process under section 20 of the Constitutional Reform and Governance Act 2010 for when third-party states accede to plurilateral trade agreements after UK implementing legislation has been passed.
tabling member printed	Lord Alton of Liverpool
uin	HL1384
answer	answer is ministerial correction date of answer 25/01/2024 answer text <p>The Government currently has no plans to make changes to the process under the Constitutional Reform and Governance Act 2010 (CRAG). Where a third-party state’s accession to a plurilateral trade agreement would require the UK to ratify a treaty in accordance with terms of CRAG, that process will apply.</p><p>It is Government policy that ratification of an agreement should only take place once necessary domestic legislation is in place.</p><p>As the Government pursues its ambitious trade agenda, we will continue to ensure arrangements remain fit for purpose.</p> answering member printed Lord Johnson of Lainston question first answered 25/01/2024 13:21:03 answering member 4949 label Biography information for Lord Johnson of Lainston
tabling member	738 label Biography information for Lord Alton of Liverpool

1681387

registered interest
date	10/01/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Carillion: KPMG
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government how much the Treasury has received in fines from KPMG for audit failures at Carillion, and what consideration they have given to using these to support Carillion employees who lost some of their pension rights.
tabling member printed	Lord Sikka
uin	HL1475
answer	answer is ministerial correction date of answer 25/01/2024 answer text <p>Fines imposed following investigations by the Financial Reporting Council (FRC) under its Audit Enforcement Procedure (AEP) are required by law to be transferred to the Secretary of State and must be paid into the exchequer to be used to fund public expenditure generally.</p><p>The fines imposed under the AEP on KPMG and two former partners for audit failures at Carillion totalled £21,420,000 after settlement discounts.</p> answering member printed Lord Johnson of Lainston question first answered 25/01/2024 16:11:24 answering member 4949 label Biography information for Lord Johnson of Lainston
tabling member	4885 label Biography information for Lord Sikka

1681395

registered interest
date	10/01/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Manufacturing Industries
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what steps they are taking to strengthen the UK's advantages as a location for manufacturing operations.
tabling member printed	Lord Taylor of Warwick
uin	HL1483
answer	answer is ministerial correction date of answer 25/01/2024 answer text <p>UK is a strong global hub for advanced and technology-driven manufacturing, with the fastest productivity growth in the G7 between 2010-2021 overtaking France to become the world’s 8<sup>th </sup>largest manufacturing nation.</p><p> </p><p>The Advanced Manufacturing Plan, provides a package of measures to make UK manufacturing even more competitive, including: a £4.5bn package to 2030, tax cuts, business environment measures and initiatives to increase resilience including the UK Battery Strategy.</p><p> </p><p>The plan builds on significant recent successes, including Tata’s investment of over £4 billion in a new 40 GWh gigafactory, and a £2 billion Nissan led investment to produce electric vehicles in Sunderland.</p> answering member printed Lord Johnson of Lainston question first answered 25/01/2024 16:54:13 answering member 4949 label Biography information for Lord Johnson of Lainston
tabling member	1796 label Biography information for Lord Taylor of Warwick

1677592

registered interest
date	12/12/2023
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Business: Equality
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what steps they are taking (1) to address the underrepresentation of women, and (2) to increase diversity, in top corporate leadership roles.
tabling member printed	Lord Taylor of Warwick
uin	HL1121
answer	answer is ministerial correction date of answer 28/12/2023 answer text <p>This Government is committed to diversifying representation up to, and including, top corporate leadership roles. Such as announcing increases in childcare provision and extending flexible working to all, we have backed a number of leadership-specific Reviews, including the FTSE Women Leaders Review.</p><p>The latest reporting shows that the FTSE350 now has 40.2% women on boards, and 33.5% women in key senior leadership roles – marked progress from when the Review began in 2011 when there were only 9% women on boards in the FTSE 250 and 12% in the FTSE 100.</p> answering member printed Lord Johnson of Lainston question first answered 28/12/2023 16:23:29 answering member 4949 label Biography information for Lord Johnson of Lainston
tabling member	1796 label Biography information for Lord Taylor of Warwick

1674514

registered interest
date	30/11/2023
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Foreign Investment in UK: Northern Ireland
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government, following reports that 40 per cent of foreign direct investment projects in Northern Ireland in the year to August 2023 came from American companies, what assessment they have made of the diversity of the investor base for foreign direct investment projects in Northern Ireland, and what steps they are taking to ensure further diversification, including from regions who were not invited to the Northern Ireland Investment Summit in September.
tabling member printed	The Earl of Effingham
uin	HL759
answer	answer is ministerial correction date of answer 14/12/2023 answer text <p>The Department for Business and Trade (DBT) worked closely with the Northern Ireland Office and Invest Northern Ireland to ensure that a diverse group of investors attended the Northern Ireland Investment Summit. Investors from Europe, the Americas, the Middle East and Asia Pacific markets all attended.</p><p>DBT teams globally work in conjunction with Invest NI colleagues to showcase Northern Ireland as a location for investment. The UK Government, via the Northern Ireland Office, has provided support to Invest Northern Ireland for additional international staff across the globe, helping to diversify foreign direct investment.</p> answering member printed Lord Johnson of Lainston question first answered 14/12/2023 12:12:53 answering member 4949 label Biography information for Lord Johnson of Lainston
tabling member	4958 label Biography information for The Earl of Effingham

1674530

registered interest
date	30/11/2023
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Foreign Investment in UK: Northern Ireland
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what tangible outcomes have resulted from the Northern Ireland Investment Summit in Belfast on 12–13 September.
tabling member printed	Lord Rogan
uin	HL775
answer	answer is ministerial correction date of answer 13/12/2023 answer text <p>1000 jobs were announced at the Summit and work is now underway to deliver a strong legacy from it, with more investments expected as a result, including follow up activity such as the No. 10 hosted venture capital roundtable, aimed at encouraging venture capital investment into Northern Ireland. We also offered support for Joe Kennedy III’s incoming mission to Northern Ireland in October 2023 (US Special Economic Envoy to Northern Ireland).</p> answering member printed Lord Johnson of Lainston question first answered 13/12/2023 12:36:25 answering member 4949 label Biography information for Lord Johnson of Lainston
tabling member	2478 label Biography information for Lord Rogan