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424845

registered interest
date	29/10/2015
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	Green Investment Bank: Privatisation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what plans his Department has for the £1.8 billion of uncommitted Green Investment Bank funds following privatisation of that bank.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	14149
answer	answer is ministerial correction date of answer 04/11/2015 answer text <br /><p>The Government allocated up to £3.8 billion of funds to Green Investment Bank (GIB) for investment in the period to March 2016. To date, GIB has made commitments totalling £2.1billion. Government will fund these and any further commitments GIB enters into during the current year to March 2016.</p><br /><p>GIB’s funding needs for the year 2016/17 are being considered as part of the current spending review and the outcome will be announced later in the year.</p><p><strong></strong></p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 04/11/2015 17:31:36 answering member 3938 label Biography information for Anna Soubry
tabling member	1400 label Biography information for Kevin Brennan

423210

registered interest
date	22/10/2015
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 Agreements: China
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 granting Market Economy Status to China under World Trade Organisation rules.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	13061
answer	answer is ministerial correction date of answer 30/10/2015 answer text <p>The UK will examine the Commission’s legal analysis and proposal on addressing the commitment in article 15 of China’s protocol of accession to the World Trade Organisation when it is made available. The UK fully supports the China-EU 2020 Strategic Agenda for Cooperation.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 30/10/2015 12:08:47 answering member 3938 label Biography information for Anna Soubry
tabling member	1400 label Biography information for Kevin Brennan

422520

registered interest
date	20/10/2015
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	Tata Steel: Redundancy
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 was first made aware of the fact that job losses were likely at TATA Steel in Scunthorpe and Lanarkshire; and what assessment he has made of the economic effect on (a) the local community and (b) the supply chain of those job losses.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	12687
answer	answer is ministerial correction date of answer 23/10/2015 answer text <p>The Department for Business, Innovation and Skills were given final details of the planned closures and associated redundancies on 8 October on a commercially sensitive basis. Our main priority now is to support the workers and the families of those who have lost their jobs. We have established a local task force led by Liz Redfern, leader of North Lincolnshire Council, to consider what action needs to be taken to support the local economy and related supply chain following this announcement and the Government stands ready to provide help.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 23/10/2015 12:10:00 answering member 3938 label Biography information for Anna Soubry
tabling member	1400 label Biography information for Kevin Brennan

422521

registered interest
date	20/10/2015
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	Sahaviriya Steel Industries UK: Redcar
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 cost of (a) fully mothballing the SSI Steel site in Redcar and (b) safely cleaning up the site to prepare it for redevelopment.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	12688
answer	answer is ministerial correction date of answer 26/10/2015 answer text <p>We know the SSI Redcar plant lost over £600 million in over three years. When the company went into liquidation, the Official Receiver bought supplies to keep certain operations, such as the coke ovens, going in the hope of finding a commercial buyer.</p><br /><p>Unfortunately, no commercial buyer could be found to maintain operations at the plant. While this was deeply disappointing, with such large losses and debts, and the price of steel produced at SSI expected to stay depressed for some considerable time, it was perhaps not surprising.</p><br /><p>It is too early to say what the costs of preparing the site for redevelopment will be. This will depend on the state the site is left in following liquidation, the future use of the site and any private sector interest in it, which could generate value to offset redevelopment costs.</p><br /><p>The Government is providing the Official Receiver with the funds and support necessary to deliver a safe liquidation of SSI.</p><p><strong></strong></p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 26/10/2015 17:28:27 answering member 3938 label Biography information for Anna Soubry
tabling member	1400 label Biography information for Kevin Brennan

422522

registered interest
date	20/10/2015
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	Caparo Industries
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 was first made aware of the fact that Caparo Industries was facing significant difficulties and was likely to enter administration.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	12689
answer	answer is ministerial correction date of answer 23/10/2015 answer text <p>We received confirmation of these developments when PwC announced on 19<sup>th</sup> October 2015 that a team of Administrators, partners and directors from PwC had been appointed Joint Administrators over certain companies within the Caparo Industries group.</p><p><strong></strong></p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 23/10/2015 12:11:46 answering member 3938 label Biography information for Anna Soubry
tabling member	1400 label Biography information for Kevin Brennan

422523

registered interest
date	20/10/2015
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	Sahaviriya Steel Industries UK: Redcar
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of the £80 million package announced to help the local community after the closure of the SSI Plant in Redcar will be used to pay statutory redundancy pay; and how much of the remaining sum will be allocated from other funds for employment support already in operation.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	12643
answer	answer is ministerial correction date of answer 26/10/2015 answer text <p>There is some flexibility to meet statutory redundancy payments from the package, but the majority of the fund will go towards supporting training, small businesses and the local economy. Ministers were clear on the components of the package when they first briefed the local taskforce earlier this month. The task force has already submitted proposals for elements of this funding to support economic regeneration in the area which the Department is now considering.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 26/10/2015 13:00:34 answering member 3938 label Biography information for Anna Soubry
tabling member	1400 label Biography information for Kevin Brennan