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165870
registered interest false more like this
date remove maximum value filtermore like thismore than 2014-11-25
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Overseas Trade more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Innovation and Skills, with which 10 countries UK trade has increased the most in (a) percentage and (b) absolute terms in the last 12 months. more like this
tabling member constituency Pendle more like this
tabling member printed
Andrew Stephenson more like this
uin 215977 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-04more like thismore than 2014-12-04
answer text <p>The following tables show the largest increases in bilateral trade (exports + imports) in absolute value and percentage terms for goods.</p><p> </p><p>It is often the case that the largest percentage increases are with the smallest trading partners because of the small value of trade with these countries. In order to not distort the percentage increase data in this way the tables only consider the UK's 50 largest trade in goods partners for 2013 and display the top 10 from those selected countries. Change in value of bilateral trade is measured between the 12 months ending September 2013 and the 12 months ending September 2014.</p><p> </p><p>Trade in goods data has been used in this answer as it contains information on all trade partners whereas total trade data (goods and services) as published by ONS are not available for all trading partners.</p><p> </p><p>A full list of trade values covering over 200 countries can be found on the HMRC Overseas Trade Statistics website (goods only): <a href="https://www.uktradeinfo.com/" target="_blank">https://www.uktradeinfo.com/</a></p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><table><tbody><tr><td colspan="3"><p>Table 1 Bilateral trade in goods: (50 largest trading partners only)</p></td></tr><tr><td colspan="3"><p>Trading partners with largest percentage increase between 12 months</p></td></tr><tr><td colspan="3"><p>ending September 2013 and 12 months ending September 2014</p></td></tr><tr><td> </td><td><p>Increase in value (£ million)</p></td><td><p>% increase</p></td></tr><tr><td><p>Egypt</p></td><td><p>401</p></td><td><p>25%</p></td></tr><tr><td><p>South Korea</p></td><td><p>1,642</p></td><td><p>23%</p></td></tr><tr><td><p>China</p></td><td><p>6,310</p></td><td><p>15%</p></td></tr><tr><td><p>Portugal</p></td><td><p>300</p></td><td><p>9%</p></td></tr><tr><td><p>Italy</p></td><td><p>1,955</p></td><td><p>8%</p></td></tr><tr><td><p>Austria</p></td><td><p>291</p></td><td><p>7%</p></td></tr><tr><td><p>Spain</p></td><td><p>1,210</p></td><td><p>6%</p></td></tr><tr><td><p>Slovakia</p></td><td><p>100</p></td><td><p>5%</p></td></tr><tr><td><p>Finland</p></td><td><p>156</p></td><td><p>4%</p></td></tr><tr><td><p>Germany</p></td><td><p>3,398</p></td><td><p>4%</p></td></tr><tr><td colspan="2"><p><strong>Source: HMRC Overseas Trade Statistics</strong></p></td><td> </td></tr></tbody></table><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><table><tbody><tr><td colspan="3"><p>Table 2 Bilateral trade in goods: (50 largest trading partners only)</p></td></tr><tr><td colspan="3"><p>Trading partners with largest value of increase between 12 months</p></td></tr><tr><td colspan="3"><p>ending September 2013 and 12 months ending September 2014</p></td></tr><tr><td> </td><td><p>Increase in value (£ million)</p></td><td><p>% increase</p></td></tr><tr><td><p>China</p></td><td><p>6,310</p></td><td><p>15%</p></td></tr><tr><td><p>Germany</p></td><td><p>3,398</p></td><td><p>4%</p></td></tr><tr><td><p>Italy</p></td><td><p>1,955</p></td><td><p>8%</p></td></tr><tr><td><p>South Korea</p></td><td><p>1,642</p></td><td><p>23%</p></td></tr><tr><td><p>Spain</p></td><td><p>1,210</p></td><td><p>6%</p></td></tr><tr><td><p>Irish Republic</p></td><td><p>444</p></td><td><p>2%</p></td></tr><tr><td><p>Egypt</p></td><td><p>401</p></td><td><p>25%</p></td></tr><tr><td><p>Portugal</p></td><td><p>300</p></td><td><p>9%</p></td></tr><tr><td><p>Austria</p></td><td><p>291</p></td><td><p>7%</p></td></tr><tr><td><p>Czech Republic</p></td><td><p>202</p></td><td><p>3%</p></td></tr><tr><td colspan="2"><p><strong>Source: HMRC Overseas Trade Statistics</strong></p></td><td> </td></tr></tbody></table><p> </p><p> </p><p> </p>
answering member constituency West Suffolk remove filter
answering member printed Matthew Hancock more like this
question first answered
less than 2014-12-04T15:51:35.617Zmore like thismore than 2014-12-04T15:51:35.617Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
4044
label Biography information for Andrew Stephenson more like this
165876
registered interest false more like this
date remove maximum value filtermore like thismore than 2014-11-25
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Environment Protection: Taxation more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the number of businesses eligible for compensation for the indirect costs of (a) the EU Emissions Trading System and (b) the carbon price floor. more like this
tabling member constituency Newcastle upon Tyne North more like this
tabling member printed
Catherine McKinnell more like this
uin 215932 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-11-28more like thismore than 2014-11-28
answer text <p>When initially estimating the overall budget for the compensation schemes for EU Emission Trading System (EU ETS) and the carbon floor price, a sector level approach was taken using ONS data on electricity consumption to estimate the total coverage and eligibility. At that time, it could not be assessed on a business by business basis.</p><p> </p><p> </p><p> </p><p>To date we have paid £45.7 million to 54 electricity-intensive businesses that operate in international markets to compensate for the indirect costs of the EU ETS.</p><p> </p><p> </p><p> </p><p>Of the 54 companies we have also paid £21.9 million to 52 of them for the cost of the carbon price support mechanism.</p><p> </p><p> </p><p> </p><p>The average compensation per eligible business to date is therefore approximately £1.25 million. However, there is considerable variance in the size of payments.</p><p> </p><p> </p><p> </p><p>In any given calendar or financial year from 2016 to 2020 the level of compensation is estimated to be:</p><p> </p><p>a) circa £20 million for EU ETS;</p><p> </p><p>b) circa £70 million for carbon price support.</p><p> </p><p> </p><p> </p><p>The overall cost of EU ETS compensation in the future depends on a number of variables including the EU carbon price, which will vary from year to year.</p><p> </p><p> </p><p> </p><p> </p><p> </p>
answering member constituency West Suffolk remove filter
answering member printed Matthew Hancock more like this
grouped question UIN
215933 more like this
215934 more like this
question first answered
less than 2014-11-28T14:19:36.843Zmore like thismore than 2014-11-28T14:19:36.843Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
4125
label Biography information for Catherine McKinnell more like this
165877
registered interest false more like this
date remove maximum value filtermore like thismore than 2014-11-25
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Environment Protection: Taxation more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Innovation and Skills, how many businesses have been compensated to date for the indirect costs of (a) the EU Emissions Trading System and (b) the carbon price floor; what the average award per eligible business was; and what the total monetary value of such compensation was. more like this
tabling member constituency Newcastle upon Tyne North more like this
tabling member printed
Catherine McKinnell more like this
uin 215933 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-11-28more like thismore than 2014-11-28
answer text <p>When initially estimating the overall budget for the compensation schemes for EU Emission Trading System (EU ETS) and the carbon floor price, a sector level approach was taken using ONS data on electricity consumption to estimate the total coverage and eligibility. At that time, it could not be assessed on a business by business basis.</p><p> </p><p> </p><p> </p><p>To date we have paid £45.7 million to 54 electricity-intensive businesses that operate in international markets to compensate for the indirect costs of the EU ETS.</p><p> </p><p> </p><p> </p><p>Of the 54 companies we have also paid £21.9 million to 52 of them for the cost of the carbon price support mechanism.</p><p> </p><p> </p><p> </p><p>The average compensation per eligible business to date is therefore approximately £1.25 million. However, there is considerable variance in the size of payments.</p><p> </p><p> </p><p> </p><p>In any given calendar or financial year from 2016 to 2020 the level of compensation is estimated to be:</p><p> </p><p>a) circa £20 million for EU ETS;</p><p> </p><p>b) circa £70 million for carbon price support.</p><p> </p><p> </p><p> </p><p>The overall cost of EU ETS compensation in the future depends on a number of variables including the EU carbon price, which will vary from year to year.</p><p> </p><p> </p><p> </p><p> </p><p> </p>
answering member constituency West Suffolk remove filter
answering member printed Matthew Hancock more like this
grouped question UIN
215932 more like this
215934 more like this
question first answered
less than 2014-11-28T14:19:36.957Zmore like thismore than 2014-11-28T14:19:36.957Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
4125
label Biography information for Catherine McKinnell more like this
165878
registered interest false more like this
date remove maximum value filtermore like thismore than 2014-11-25
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Environment Protection: Taxation more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the level of compensation that will be available for eligible companies for the indirect costs of (a) the EU Emissions Trading System and (b) the carbon price floor in each year from 2016-17 to 2019-20. more like this
tabling member constituency Newcastle upon Tyne North more like this
tabling member printed
Catherine McKinnell more like this
uin 215934 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-11-28more like thismore than 2014-11-28
answer text <p>When initially estimating the overall budget for the compensation schemes for EU Emission Trading System (EU ETS) and the carbon floor price, a sector level approach was taken using ONS data on electricity consumption to estimate the total coverage and eligibility. At that time, it could not be assessed on a business by business basis.</p><p> </p><p> </p><p> </p><p>To date we have paid £45.7 million to 54 electricity-intensive businesses that operate in international markets to compensate for the indirect costs of the EU ETS.</p><p> </p><p> </p><p> </p><p>Of the 54 companies we have also paid £21.9 million to 52 of them for the cost of the carbon price support mechanism.</p><p> </p><p> </p><p> </p><p>The average compensation per eligible business to date is therefore approximately £1.25 million. However, there is considerable variance in the size of payments.</p><p> </p><p> </p><p> </p><p>In any given calendar or financial year from 2016 to 2020 the level of compensation is estimated to be:</p><p> </p><p>a) circa £20 million for EU ETS;</p><p> </p><p>b) circa £70 million for carbon price support.</p><p> </p><p> </p><p> </p><p>The overall cost of EU ETS compensation in the future depends on a number of variables including the EU carbon price, which will vary from year to year.</p><p> </p><p> </p><p> </p><p> </p><p> </p>
answering member constituency West Suffolk remove filter
answering member printed Matthew Hancock more like this
grouped question UIN
215932 more like this
215933 more like this
question first answered
less than 2014-11-28T14:19:37.073Zmore like thismore than 2014-11-28T14:19:37.073Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
4125
label Biography information for Catherine McKinnell more like this
165888
registered interest false more like this
date remove maximum value filtermore like thismore than 2014-11-25
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Members: Correspondence more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Innovation and Skills, when he plans to respond to the letter from the hon. Member for North East Bedfordshire of 2 September 2014 regarding the Transatlantic Trade and Investment Partnership. more like this
tabling member constituency North East Bedfordshire more like this
tabling member printed
Alistair Burt more like this
uin 215859 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-01more like thismore than 2014-12-01
answer text <p>My Rt Hon Friend the Secretary of State for Business, Innovation and Skills responded to the letter from my Rt hon Friend of 2 September 2014, received in his Department 22 October, on 18 November 2014.</p><p> </p> more like this
answering member constituency West Suffolk remove filter
answering member printed Matthew Hancock more like this
question first answered
less than 2014-12-01T11:47:38.827Zmore like thismore than 2014-12-01T11:47:38.827Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
1201
label Biography information for Alistair Burt more like this
165889
registered interest false more like this
date remove maximum value filtermore like thismore than 2014-11-25
answering body
Department for Energy and Climate Change more like this
answering dept id 63 more like this
answering dept short name Energy and Climate Change more like this
answering dept sort name Energy and Climate Change more like this
hansard heading Petrol: Prices more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Energy and Climate Change, if he will hold discussions with representatives of the fuel industry to establish the reasons why the retail price differential between petrol and diesel (a) in the UK favours petrol vehicles and (b) in the Irish Republic favours diesel drivers. more like this
tabling member constituency East Londonderry more like this
tabling member printed
Mr Gregory Campbell more like this
uin 215876 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-01more like thismore than 2014-12-01
answer text <p>Wholesale fuel prices are fundamentally driven by crude prices. At the margin supply and demand factors for individual refined products will influence their prices.</p><p>Such factors are not necessarily the same for both petrol and diesel, which can lead to disparities in prices. For example, the UK produces more petrol than is demanded domestically, and this surplus puts downward pressure on the petrol price. In contrast, the UK is a net importer of diesel and so extra costs of importing such as transportation costs must be factored into diesel prices.</p><p>While petrol and diesel are taxed at differing rates in Ireland, they are currently treated equally for tax purposes in the UK.</p> more like this
answering member constituency West Suffolk remove filter
answering member printed Matthew Hancock more like this
question first answered
less than 2014-12-01T15:40:06.413Zmore like thismore than 2014-12-01T15:40:06.413Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
1409
label Biography information for Mr Gregory Campbell more like this
165965
registered interest false more like this
date remove maximum value filtermore like thismore than 2014-11-25
answering body
Department for Energy and Climate Change more like this
answering dept id 63 more like this
answering dept short name Energy and Climate Change more like this
answering dept sort name Energy and Climate Change more like this
hansard heading Energy: Investment more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Energy and Climate Change, how much energy investment of each type was made by energy companies in each year since 1984. more like this
tabling member constituency Oldham West and Royton more like this
tabling member printed
Mr Michael Meacher more like this
uin 215898 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-11-28more like thismore than 2014-11-28
answer text <p>The Department does not hold this information. However, we recently published an Energy Investment Report which showed significant levels of investment since 2010.</p><p>· January 2010 and 2013 mobilised over £45 billion in low carbon energy infrastructure,1 which will also support up to 250,000 jobs in the low-carbon energy generation sector by 2020.</p><p>· In 2013 DECC estimates that over £14bn was invested in electricity generation and networks.</p><p>· Nearly £8 billion invested across a range of renewable technologies in 2013 alone – a record year.2</p><p>· UK is the most attractive market in the world for investment in offshore wind and marine renewables.</p><p><em><strong>[1]</strong></em> <em>DECC estimates based on EMR Delivery Plan modelling</em></p><p><strong><em>[2]</em></strong> <em>Bloomberg New Energy Finance, nominal, converted to pounds sterling.</em></p><p> </p> more like this
answering member constituency West Suffolk remove filter
answering member printed Matthew Hancock more like this
question first answered
less than 2014-11-28T13:36:53.167Zmore like thismore than 2014-11-28T13:36:53.167Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
454
label Biography information for Mr Michael Meacher more like this
165972
registered interest false more like this
date remove maximum value filtermore like thismore than 2014-11-25
answering body
Department for Energy and Climate Change more like this
answering dept id 63 more like this
answering dept short name Energy and Climate Change more like this
answering dept sort name Energy and Climate Change more like this
hansard heading Wind Power more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Energy and Climate Change, what assessment he has made of the effect on small-scale wind turbine development of the removal of 15kw Fee-in-Tariff bracket in December 2012. more like this
tabling member constituency Stalybridge and Hyde more like this
tabling member printed
Jonathan Reynolds more like this
uin 215973 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-01more like thismore than 2014-12-01
answer text <p>A comprehensive review of the feed-in tariff scheme (FITs) in 2012 introduced degression mechanisms for all technologies to prevent overcompensation and deliver value-for-money for energy bill payers. Following consultation, degression bands at the sub-100kW capacities were combined in an effort to support the deployment of small-scale turbines. A re-assessment of the FITs degression bands and tariff rates, as well as their effect on deployment, will form part of the next review of FITs in 2015.</p> more like this
answering member constituency West Suffolk remove filter
answering member printed Matthew Hancock more like this
question first answered
less than 2014-12-01T15:41:35.3Zmore like thismore than 2014-12-01T15:41:35.3Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
4119
label Biography information for Jonathan Reynolds more like this
164307
registered interest false more like this
date less than 2014-11-24more like thismore than 2014-11-24
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading NHS: Transatlantic Trade and Investment Partnership more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Innovation and Skills, what recent assessment his Department has made of the potential effect on the NHS of the Transatlantic Trade and Investment Partnership. more like this
tabling member constituency Aberconwy more like this
tabling member printed
Guto Bebb more like this
uin 215642 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-11-27more like thismore than 2014-11-27
answer text <p>There is no threat to the UK’s National Health Service from TTIP. This was confirmed again by the European Commission’s chief negotiator Ignacio Garcia Bercero at a meeting organised to the All Party Parliamentary Group on TTIP this week.</p><p> </p><p> </p><p> </p><p>The chief negotiator outlined that EU public services are automatically excluded from all EU trade in service market liberalisation agreements. Publicly funded health services are specifically excluded. Member states decide how to deliver their public services and can change the delivery model at any time. TTIP will not change the fact that it is up to UK Government alone to decide how UK public services, including the NHS, are run.</p><p> </p> more like this
answering member constituency West Suffolk remove filter
answering member printed Matthew Hancock more like this
question first answered
less than 2014-11-27T17:24:11.86Zmore like thismore than 2014-11-27T17:24:11.86Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
3910
label Biography information for Guto Bebb more like this
164309
registered interest false more like this
date less than 2014-11-24more like thismore than 2014-11-24
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Business: Northern Ireland more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Innovation and Skills, how many loans have been made by the British Business Bank to companies based in Northern Ireland. more like this
tabling member constituency East Antrim more like this
tabling member printed
Sammy Wilson more like this
uin 215629 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-01more like thismore than 2014-12-01
answer text <p>The British Business Bank became an operationally independent organisation on 1<sup>st</sup> November 2014. It does not make loans directly to businesses. Instead, it works with private sector delivery partners to deliver all of its programmes, allowing it to pull in significant amounts of private sector funding.</p><p>The Bank’s programmes are already supporting businesses in Northern Ireland. Through the Start Up Loans programme 205 loans have already been offered to start-up businesses in Northern Ireland with a total value of nearly £1m. The Enterprise Finance Guarantee programme has facilitated lending of £39.3m to 271 businesses.</p><p>Additionally, the Bank’s investment programmes, which provide lending through alternative finance providers, have so far facilitated 112 loans to businesses in Northern Ireland with a total value of £5.9m.</p> more like this
answering member constituency West Suffolk remove filter
answering member printed Matthew Hancock more like this
grouped question UIN 215630 more like this
question first answered
less than 2014-12-01T16:52:41.317Zmore like thismore than 2014-12-01T16:52:41.317Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
1593
label Biography information for Sammy Wilson more like this