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1188874
registered interest false more like this
date less than 2020-04-21more like thismore than 2020-04-21
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Business: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make it his policy that (a) businesses that have become profitable after recent restructuring should not be precluded from being granted emergency business loans on the basis of unprofitable trading figures prior to their restructuring and (b) those businesses should be assessed on their recent profitability on the same basis as start-up businesses of a similar size. more like this
tabling member constituency New Forest East more like this
tabling member printed
Dr Julian Lewis more like this
uin 38410 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Coronavirus Business Interruption Loan Scheme (CBILS) provides support to small businesses which were viable before the Covid-19 outbreak but are experiencing temporary adverse impacts due to Coronavirus.</p><p> </p><p>In order for a business to be eligible for the CBILs, it must be considered “viable” by the lender. The lender must consider that the applicant (or its business group) has a viable business proposition determined by the lender’s underwriting policies. Any concerns over its short-to-medium term business performance due to the uncertainty and impact of COVID-19 cannot be taken into account. The applicant must still satisfy the other eligibility criteria of the CBILS.</p><p> </p><p>For smaller value facilities (e.g. those of £30,000 or below) in determining the eligibility of the applicant, lenders may decide to determine the applicant’s credit worthiness based on its internal credit scoring models.</p><p> </p><p>Corresponding changes have been made to the eligibility criterion which previously required the applicant (or its business group) to have a business proposition that can reasonably be expected to enable it to meet its repayment obligations under a proposed facility.</p><p> </p><p>The Coronavirus Business Interruption Loan Scheme cannot be used where an applicant was an “undertaking in difficulty” (UID) as at 31 December 2019. UID is defined to include businesses that have accumulated losses greater than half of their subscribed share capital as at 31 December 2019. In practice this means certain fast growth businesses may not be eligible for the CBILS (unless the business is less than three years old).</p><p> </p><p>The requirement for an UID assessment is a requirement under the European Commission’s Temporary State Aid measures and a direct result of State Aid clearance. The need for UID checks to be carried out for CBILS facilities below £30k has already been removed by the British Business Bank on the basis that loans of this size are considered to involve a de minimis amount of State Aid. For facilities above £30k, lenders are required to gain comfort that an SME is not an UID, but this includes the option for lenders to rely on self-certification for facilities of any size (i.e. up to £5m).</p>
answering member constituency Sutton and Cheam more like this
answering member printed Paul Scully more like this
question first answered
less than 2020-04-28T14:17:59.693Zmore like thismore than 2020-04-28T14:17:59.693Z
answering member
4414
label Biography information for Paul Scully more like this
previous answer version
17061
answering member constituency Sutton and Cheam more like this
answering member printed Paul Scully more like this
answering member
4414
label Biography information for Paul Scully more like this
tabling member
54
label Biography information for Sir Julian Lewis more like this
1188889
registered interest false more like this
date less than 2020-04-21more like thismore than 2020-04-21
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Coronavirus Business Interruption Loan Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions his Department has had with banks operating the Coronavirus Business Interruption Loan Scheme on the interest rates for those loans. more like this
tabling member constituency Carmarthen East and Dinefwr more like this
tabling member printed
Jonathan Edwards more like this
uin 38468 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>Interest rates charged under the Coronavirus Business Interruption Loan Scheme (CBILS) are set at the discretion of each lender. However, under the terms of the State Aid agreement, the Government fully expects that the benefit of the guarantee under the CBILS is reflected in the interest that is charged on the CBILS facility, both during the period of the Business Interruption Payment and thereafter for the remainder of the facility.</p><p> </p><p>The Government held discussions with the banking industry prior to the launch of CBILS. The Business Secretary has had calls with UK senior executives at Natwest, Barclays, Aldermore, Lloyds, HSBC and Santander and will continue to hold a regular dialogue with each of the biggest CBILS lenders to address feedback on how the scheme has been working and closely monitor its implementation to ensure that companies feel the full benefits of this support.</p><p> </p> more like this
answering member constituency Sutton and Cheam more like this
answering member printed Paul Scully more like this
question first answered
less than 2020-04-28T09:53:42.33Zmore like thismore than 2020-04-28T09:53:42.33Z
answering member
4414
label Biography information for Paul Scully more like this
previous answer version
17062
answering member constituency Sutton and Cheam more like this
answering member printed Paul Scully more like this
answering member
4414
label Biography information for Paul Scully more like this
tabling member
3943
label Biography information for Jonathan Edwards more like this
1188911
registered interest false more like this
date less than 2020-04-21more like thismore than 2020-04-21
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Hospitality Industry: Coronavirus more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans he has to provide support to the hospitality industry during the covid-19 outbreak. more like this
tabling member constituency Central Suffolk and North Ipswich more like this
tabling member printed
Dr Dan Poulter more like this
uin 38467 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Government has introduced a number of measures which are available to businesses in the hospitality sector to provide support during the current COVID-19 outbreak. These include the Retail, Hospitality and Leisure Grants and Business Rates Holiday schemes, the Coronavirus Business Interruption Loan Scheme, as well as the Job Retention and Self-Employed Income Support schemes. The full details on all of the measures available to these businesses have been published at: https://www.businesssupport.gov.uk/coronavirus-business-support/. The Government is also continuing to keep these measures under review.</p> more like this
answering member constituency Sutton and Cheam more like this
answering member printed Paul Scully more like this
question first answered
less than 2020-04-28T09:20:04.05Zmore like thismore than 2020-04-28T09:20:04.05Z
answering member
4414
label Biography information for Paul Scully more like this
tabling member
3932
label Biography information for Dr Dan Poulter more like this
1188946
registered interest false more like this
date less than 2020-04-21more like thismore than 2020-04-21
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Energy: Coronavirus more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment his Department has been made of the performance of the energy system in meeting changes in demand due to the covid-19 outbreak. more like this
tabling member constituency Berwickshire, Roxburgh and Selkirk more like this
tabling member printed
John Lamont more like this
uin 38504 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>Great Britain has a reliable energy system and maintaining a safe and secure energy supply is a key priority for this Government.</p><p> </p><p>Since the start of the Covid-19 outbreak, we have been in daily contact with gas and electricity operators, the National Grid Electricity System Operator (ESO), National Grid Gas (NGG), and Ofgem, to ensure our energy system is able to respond to changes in demand during this unprecedented time.</p><p> </p><p>The ESO and NGG have procedures in place to manage the effects of a pandemic and are closely monitoring electricity and gas demand over this period. Currently, electricity and gas margins are adequate and there is sufficient supply to meet demand.</p><p> </p><p>The implementation of the Government policies to delay the spread of Covid-19 is resulting in a measurable reduction in the national demand for energy. The ESO recently published its Summer Outlook report to help energy companies with their planning, as well as set out the procedures it has in place to manage the anticipated effects on supply and demand during the pandemic.</p><p> </p><p>We are confident that electricity and gas supplies will keep flowing.</p>
answering member constituency Spelthorne more like this
answering member printed Kwasi Kwarteng more like this
question first answered
less than 2020-04-28T15:50:40.34Zmore like thismore than 2020-04-28T15:50:40.34Z
answering member
4134
label Biography information for Kwasi Kwarteng more like this
tabling member
4608
label Biography information for John Lamont more like this
1188947
registered interest false more like this
date less than 2020-04-21more like thismore than 2020-04-21
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Climate Change Convention: Glasgow more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans the Government has to rearrange COP 26 in Glasgow. more like this
tabling member constituency Berwickshire, Roxburgh and Selkirk more like this
tabling member printed
John Lamont more like this
uin 38505 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>Dates for a rescheduled conference in 2021, hosted in Glasgow by the UK in partnership with Italy, will be set out in due course following further discussion with parties.</p><p> </p> more like this
answering member constituency Spelthorne more like this
answering member printed Kwasi Kwarteng more like this
question first answered
less than 2020-04-28T15:23:02.477Zmore like thismore than 2020-04-28T15:23:02.477Z
answering member
4134
label Biography information for Kwasi Kwarteng more like this
tabling member
4608
label Biography information for John Lamont more like this
1188987
registered interest false more like this
date less than 2020-04-21more like thismore than 2020-04-21
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Carbon Emissions more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the potential merits of establishing a national office for carbon removal. more like this
tabling member constituency Hendon more like this
tabling member printed
Dr Matthew Offord more like this
uin 38544 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>There is no doubt that climate change is one of the greatest global challenges we face, and that action is urgently needed in the UK and across the world. The UK already has a world-leading framework for emissions reduction.</p><p> </p><p>The Climate Change Act 2008 was the first of its kind in the world and made the UK the first country to introduce a legally binding, long-term emissions reduction target. The Act introduced our innovative framework of carbon budgets to ensure continued progress towards that target, capping emissions in successive five-year blocks. It also established the Committee on Climate Change (CCC) which independently provides expert advice to the Government on climate change mitigation and adaptation.</p><p> </p><p>In June 2019, the UK became the first major economy to legislate for net zero - a 100% emissions reduction target by 2050 (relative to 1990 levels). The Prime Minister chairs a new Cabinet Committee on Climate Change to oversee this effort and drive forward action across the whole of government.</p><p> </p><p>Through this strong legal framework and ambitious policy action, we have shown that cutting emissions and growing the economy can go hand-in-hand – reducing our emissions by over 40% since 1990 while growing the economy by three quarters. Our carbon budgeting, supported by independent expertise from the CCC, is widely accepted as global best-practice and provides the right framework for the UK to deliver our commitment to net zero.</p>
answering member constituency Spelthorne more like this
answering member printed Kwasi Kwarteng more like this
question first answered
less than 2020-04-28T15:49:04.1Zmore like thismore than 2020-04-28T15:49:04.1Z
answering member
4134
label Biography information for Kwasi Kwarteng more like this
tabling member
4006
label Biography information for Dr Matthew Offord more like this
1189821
registered interest false more like this
date less than 2020-04-21more like thismore than 2020-04-21
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Scientific Advisory Group for Emergencies more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what plans they have to appoint an economist to the Scientific Advisory Group on Emergencies; and if not, why not. [T] more like this
tabling member printed
Lord Naseby more like this
uin HL3338 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Government makes decisions based on the best scientific evidence, along with consideration of the economic, operational, social and policy implications of any interventions that might be introduced. The remit of SAGE is to provide science advice to the Government, but this is just one part of the picture. Scientific advice from SAGE is often considered alongside advice from other specialisms such as economics. As new scientific questions emerge, the participants at SAGE will change to provide the best available scientific evidence at that time.</p> more like this
answering member printed Lord Callanan more like this
question first answered
less than 2020-04-28T11:29:08.28Zmore like thismore than 2020-04-28T11:29:08.28Z
answering member
4336
label Biography information for Lord Callanan more like this
tabling member
1251
label Biography information for Lord Naseby more like this
1188196
registered interest false more like this
date less than 2020-04-20more like thismore than 2020-04-20
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Housing: Energy more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 23 March 2020 to Question No 28671 on Housing: Energy, if he will publish those impact assessments in which the benefits to householders’ health from improving their homes thermal performance have been included. more like this
tabling member constituency Southend West more like this
tabling member printed
Sir David Amess more like this
uin 37369 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Department for Business, Energy and Industrial Strategy does include the health benefits of energy improvements to the householders’ health in published Impact Assessments, although the methodology has not yet been incorporated into the net present value calculation. Two of the latest are the most recent impact assessments for ECO and Private Sector Regulations (see below):</p><p> </p><p>Page 29 <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fassets.publishing.service.gov.uk%2Fgovernment%2Fuploads%2Fsystem%2Fuploads%2Fattachment_data%2Ffile%2F749638%2FECO_3_Final_Stage_IA__Final.pdf&amp;data=02%7C01%7CHouseholdenergyefficiencycomms%40beis.gov.uk%7Ce28ce16c5e4a4034d0e208d7e5f77a71%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C637230723378018796&amp;sdata=qHJ%2B%2B2M%2B9g2OJHAhAtDTlyMIOEaQVUQlK6dPIEbUkRU%3D&amp;reserved=0" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/749638/ECO_3_Final_Stage_IA__Final.pdf</a></p><p>Page 16 <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fassets.publishing.service.gov.uk%2Fgovernment%2Fuploads%2Fsystem%2Fuploads%2Fattachment_data%2Ffile%2F760313%2FIA_-_Energy_Efficiency__Private_Rented_Property___England.pdf&amp;data=02%7C01%7CHouseholdenergyefficiencycomms%40beis.gov.uk%7Ce28ce16c5e4a4034d0e208d7e5f77a71%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C637230723378028751&amp;sdata=fZ2kefcB077GXpp3xkYFGMXstG1LYfpl35qGhyFDnHc%3D&amp;reserved=0" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/760313/IA_-_Energy_Efficiency__Private_Rented_Property___England.pdf</a></p>
answering member constituency Spelthorne more like this
answering member printed Kwasi Kwarteng more like this
question first answered
less than 2020-04-28T15:24:58.683Zmore like thismore than 2020-04-28T15:24:58.683Z
answering member
4134
label Biography information for Kwasi Kwarteng more like this
tabling member
44
label Biography information for Sir David Amess more like this
1188197
registered interest false more like this
date less than 2020-04-20more like thismore than 2020-04-20
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Housing: Energy more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 23 March 2020 to Question 28671 on Housing: Energy, who is undertaking the study to quantify the cost savings to the health service of improving the energy efficiency of homes; and when that study will be published. more like this
tabling member constituency Southend West more like this
tabling member printed
Sir David Amess more like this
uin 37370 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Department for Business, Energy and Industrial Strategy (BEIS) is the lead organisation undertaking the study to quantify the cost savings to the health service of improving the energy efficiency of homes. BEIS is in the process of applying for access to NHS Digital hospital records and, if this application is approved and relevant data provided to BEIS, analysis will be undertaken, peer reviewed and published.</p> more like this
answering member constituency Spelthorne more like this
answering member printed Kwasi Kwarteng more like this
question first answered
less than 2020-04-28T15:26:57.327Zmore like thismore than 2020-04-28T15:26:57.327Z
answering member
4134
label Biography information for Kwasi Kwarteng more like this
tabling member
44
label Biography information for Sir David Amess more like this
1188250
registered interest false more like this
date less than 2020-04-20more like thismore than 2020-04-20
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Shell: North Sea more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what his timetable is for deciding whether to give Shell permission for its proposed plans for the (a) steel jackets and (b) concrete bases underneath decommissioned Brent oilfield platforms (i) Bravo, (ii) Charlie and (iii) Delta east of Shetland. more like this
tabling member constituency Hendon more like this
tabling member printed
Dr Matthew Offord more like this
uin 37601 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>As part of the Brent decommissioning proposal, Shell propose to leave <em>in-situ</em> the footings of the Brent Alpha steel jacket and the concrete gravity based installations Brent Bravo, Brent Charlie and Brent Delta.</p><p>A formal decision is expected to be made in due course.</p><p>Any approval of the derogation permit to leave <em>in-situ</em> the footings of the Brent Alpha steel jacket and the concrete gravity based installations Brent Bravo, Brent Charlie and Brent Delta will include permit conditions to continue to develop technology for the management of the structures (including <em>in-situ</em> remediation for the contents of the structures). Shell and the Brent field licensees will remain responsible and liable in perpetuity for any structures left <em>in-situ</em>.</p> more like this
answering member constituency Spelthorne more like this
answering member printed Kwasi Kwarteng more like this
question first answered
less than 2020-04-28T15:41:42.593Zmore like thismore than 2020-04-28T15:41:42.593Z
answering member
4134
label Biography information for Kwasi Kwarteng more like this
tabling member
4006
label Biography information for Dr Matthew Offord more like this