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64946

registered interest
date	01/07/2014
answering body	Department for Energy and Climate Change
answering dept id	63
answering dept short name	Energy and Climate Change
answering dept sort name	Energy and Climate Change
hansard heading	Energy: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy and Climate Change, what steps he is taking to reduce consumer energy prices in-line with changes in the wholesale market prices.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	203217
answer	answer is ministerial correction date of answer 07/07/2014 answer text <p>In a competitive market, pricing decisions are a commercial matter for companies.</p><p>Consumers can put pressure on companies to reduce prices by switching to the best deal for them – Ofgem's Retail Market Reforms to deliver a simpler, clear market combined with Government's push to significantly reduce switching times and require suppliers to share consumer data with trusted third parties, should make this easier to do.</p><p>The Government supported Ofgem's recent move to write to the largest suppliers, challenging them to explain to consumers the impact of falling wholesale prices on their retail prices. Evidence that large suppliers raise prices more quickly when costs increase than they reduce prices when costs fall was one of the issues underpinning Ofgem's recent referral of the energy markets to the Competition and Markets Authority.</p><p> </p><p> </p><p> </p> answering member constituency Sevenoaks answering member printed Michael Fallon question first answered 07/07/2014 16:08:20 answering member 88 label Biography information for Sir Michael Fallon
tabling member	4131 label Biography information for Jim Shannon

63558

registered interest
date	24/06/2014
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	Trade Promotion: Egypt
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, when he plans for the next Government trade delegation to visit Egypt; and if he will include in that delegation construction companies from the UK.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	202262
answer	answer is ministerial correction date of answer 01/07/2014 answer text <p>I am planning to visit Egypt from 12-15 October 2014 with a business delegation. Our Embassy in Cairo intends that the visit should focus on the following four sectors: Energy, Education, Retail and Construction.</p> answering member constituency Sevenoaks answering member printed Michael Fallon question first answered 01/07/2014 14:33:37 answering member 88 label Biography information for Sir Michael Fallon
tabling member	4131 label Biography information for Jim Shannon