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446979

registered interest
date	22/01/2016
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, if he will place in the Library any document which provide an evidential basis for the Government's decision to privatise the Green Investment Bank.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	23730
answer	answer is ministerial correction date of answer 27/01/2016 answer text The background to the Government’s decision to introduce private capital into the Green Investment Bank (GIB) can be found in the policy document entitled “Future of the Green Investment Bank plc” that was published on 18 November on GOV.UK. In addition to this, the Government has also introduced provisions to the Enterprise Bill which require a report to be laid before Parliament once a decision to undertake a sale has been made. The report must set out the type of sale, the expected timescale, and the Government’s objectives for the sale. answering member constituency Broxtowe answering member printed Anna Soubry question first answered 27/01/2016 17:09:08 answering member 3938 label Biography information for Anna Soubry
tabling member	1400 label Biography information for Kevin Brennan

446702

registered interest
date	21/01/2016
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	Iron and Steel: Antidumping
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what progress the Government has made in negotiating with its EU partners about developing anti-dumping measures covering steel imports.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	23534
answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>The EU’s anti-dumping procedures are driven by requests from EU producers to the European Commission. The Commission is responsible for considering requests for and, if appropriate, opening anti-dumping investigations. My International Comparisons working group agreed to work closely with the steel industry on supporting cases where they provide evidence of dumping, as we did with Celsa Steel and rebar last year.</p><br /><p>The Government is strongly in favour of effective trade defences to tackle unfair trade practices. The Government voted in favour of anti-dumping measures on steel products in July and November and it was the UK that lobbied successfully for an investigation into rebar. The Government secured agreement on the need for fast and effective action at an EU level and a robust dialogue with China and other producer countries at the Extraordinary Competitiveness Council in November. We have pressed the Commission to consider ways of speeding up investigations and recently wrote to the Commission with specific proposals. We will be attending a summit meeting on 15 February to push for further progress. Recent announcements by the EU on registration measures for cold rolled strip and rebar show they have listened and are taking swifter action.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 27/01/2016 16:52:52 answering member 3938 label Biography information for Anna Soubry
tabling member	1400 label Biography information for Kevin Brennan

446207

registered interest
date	20/01/2016
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 estimate his Department has made of the potential costs to (a) consumers and (b) the public purse of the privatisation of the Green Investment Bank.
tabling member constituency	Cardiff West
tabling member printed	Kevin Brennan
uin	23437
answer	answer is ministerial correction date of answer 27/01/2016 answer text <br /><p>The Government is moving UK Green Investment Bank plc (GIB) into private ownership so it can continue operating in the same way it does now only funded with private capital rather than relying on taxpayers’ support. The detailed background and supporting case for this move was set out in the policy statement we published on 18 November.</p><br /><p>Decisions on the proposed sale are being taken in accordance with best practice to ensure all available options are properly examined in a detailed business case and that a robust valuation process is followed. We expect taxpayers to gain a receipt to the public purse from a majority sale of GIB, and to benefit from reduced public funding requirements in future.</p><br /> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 27/01/2016 16:23:26 answering member 3938 label Biography information for Anna Soubry
tabling member	1400 label Biography information for Kevin Brennan