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521949

registered interest
date	26/05/2016
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	Bankruptcy
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what information his Department holds on the number of businesses which were bankrupted as a result of late payment of invoices.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	38663
answer	answer is ministerial correction date of answer 06/06/2016 answer text <p>The Department does not hold information on the number of businesses which were bankrupted as a result of late payment of invoice. We recognise that late payment is an issue and know that 61% of businesses that give credit consider late payment a problem.<sup><sup>[1]</sup></sup> We are implementing a package of measures to support a cultural change toward prompt payment, including the Small Business Commissioner, the duty for large businesses to report on payment practices and support for the voluntary Prompt Payment Code.</p><p> </p><p>[1] BIS RESEARCH PAPER NUMBER 289, Longitudinal Small Business Survey Year 1 (2015): SME employers, May 2016</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 06/06/2016 10:18:36 answering member 3938 label Biography information for Anna Soubry
tabling member	4006 label Biography information for Dr Matthew Offord

456919

registered interest
date	02/03/2016
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	Business: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what steps his Department is taking to ensure that companies with more than 250 employees pay their suppliers in a timely manner.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	29433
answer	answer is ministerial correction date of answer 07/03/2016 answer text <p>The Government recognises that late payment remains an important issue for small businesses in the UK and is taking significant steps to assist small businesses to recover late payment debts. This is part of a package of measures to tackle late payment. We have also legislated for new transparency measures in the private sector.</p><p>The Small Business Enterprise and Employment Act 2015 legislated for a new reporting requirement on the UK’s largest companies and Regulations which will be introduced this year. This will compel larger companies to report on payment practices and performance. This information will be published on a six-monthly basis and will be made publicly available.</p><p>Through the Enterprise Bill, currently before Parliament, we will legislate to establish a Small Business Commissioner to give general advice and to help small businesses resolve disputes relating to payment matters with larger businesses.</p><p>Tackling late payment is about creating a responsible payment culture where larger companies recognise the benefit of having a sustainable and robust supply chain, and smaller businesses feel able to challenge poor behaviour. Once implemented, the Government is confident that these measures will lead to significant changes in the UK’s payment culture.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 07/03/2016 11:48:59 answering member 3938 label Biography information for Anna Soubry
tabling member	4006 label Biography information for Dr Matthew Offord

428983

registered interest
date	18/11/2015
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	Students: Loans
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 amend the criteria by which some students without permanent residence may be entitled to a student loan to reflect the judgement of the Supreme Court in the case of R v Secretary of State for Business, Innovation and Skills (2015) UKSC 57.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	16883
answer	answer is ministerial correction date of answer 23/11/2015 answer text <p>On 16 September 2015 the Department published details of an interim policy in response to the Supreme Court’s ruling of 29 July 2015 (on the application of Tigere) (Appellant) v Secretary of State for Business, Innovation and Skills (respondent) 2015 UKSC57.</p><p>We intend to consult shortly on amending the relevant Regulations.</p> answering member constituency Orpington answering member printed Joseph Johnson question first answered 23/11/2015 12:43:40 answering member 4039 label Biography information for Lord Johnson of Marylebone
tabling member	4006 label Biography information for Dr Matthew Offord

229063

registered interest
date	23/03/2015
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	Higher Education: Israel
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 he has made of the number of higher education institutes that participated in Israel Apartheid Week.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	228792
answer	answer is ministerial correction date of answer 26/03/2015 answer text <p>This information is not held centrally. Higher education institutions are independent and autonomous bodies and as part of their legal duties are responsible for ensuring that students do not face racism or harassment.</p><p> </p> answering member constituency Tunbridge Wells answering member printed Greg Clark question first answered 26/03/2015 10:26:47 answering member 1578 label Biography information for Greg Clark
tabling member	4006 label Biography information for Dr Matthew Offord

229539

registered interest
date	23/03/2015
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	Small Businesses: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what steps he is taking to tackle late payment to small businesses.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	908351
answer	answer is ministerial correction date of answer 26/03/2015 answer text <p>We have taken unprecedented step to bring transparency to late payment, and I can tell the House I have written to all signatories to the Prompt Payment Code to set out the new requirements of a 30 day payment term as the norm, with a 60 day maximum. And we have legislated to require 30 day payment terms to be mandated down entire supply chains for public sector work.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 26/03/2015 14:33:09 answering member 4070 label Biography information for Matt Hancock
tabling member	4006 label Biography information for Dr Matthew Offord

228768

registered interest
date	20/03/2015
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	New Businesses: Government Assistance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, how many start-up businesses have been created in (a) England, (b) London and (c) Hendon constituency since 2010.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	228564
answer	answer is ministerial correction date of answer 26/03/2015 answer text <p>The estimated number of new business start-ups in a) England, b) London and c) Hendon constituency since January 2010, is shown in the table below:</p><p> </p><table><tbody><tr><td><p>Area</p></td><td><p>Estimated number of new business start-ups from January 2010 to February 2015</p></td></tr><tr><td><p>England</p></td><td><p>2,166,020</p></td></tr><tr><td><p>London</p></td><td><p>543,560</p></td></tr><tr><td><p>Hendon</p></td><td><p>9,410</p></td></tr></tbody></table><p>Source: BankSearch: number of new business bank accounts opened. All figures rounded to the nearest 10.</p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 26/03/2015 15:14:56 answering member 4070 label Biography information for Matt Hancock
tabling member	4006 label Biography information for Dr Matthew Offord