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48114

registered interest
date	10/04/2014
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
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 small businesses in High Peak constituency have received support from the Regional Growth Fund.
tabling member constituency	High Peak
tabling member printed	Andrew Bingham
uin	196243
answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>We do not hold the information requested. However, businesses in High Peak constituency are eligible to bid to the Regional Growth Fund programme administered by Derbyshire County Council as well as national programmes.</p> answering member constituency Sevenoaks answering member printed Michael Fallon question first answered 28/04/2014 12:00:00 answering member 88 label Biography information for Sir Michael Fallon
tabling member	3994 label Biography information for Andrew Bingham

48115

registered interest
date	10/04/2014
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
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 businesses were registered in High Peak constituency in each of the last five years.
tabling member constituency	High Peak
tabling member printed	Andrew Bingham
uin	196244
answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>Companies House is only able to provide figures on the number of new companies it registered in each of these years by postcode area. As postcode areas can cross constituency boundaries, the figures below must be considered approximations.</p><p> </p><table><tbody><tr><td><p><strong>Year</strong></p></td><td><p><strong>Number of Companies Registered</strong></p></td></tr><tr><td><p>2009-2010</p></td><td><p>15</p></td></tr><tr><td><p>2010-2011</p></td><td><p>35</p></td></tr><tr><td><p>2011-2012</p></td><td><p>33</p></td></tr><tr><td><p>2012-2013</p></td><td><p>28</p></td></tr><tr><td><p>2013-2014</p></td><td><p>17</p></td></tr></tbody></table><p> </p> answering member constituency Sevenoaks answering member printed Michael Fallon question first answered 28/04/2014 12:00:00 answering member 88 label Biography information for Sir Michael Fallon
tabling member	3994 label Biography information for Andrew Bingham

48116

registered interest
date	10/04/2014
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
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, who made the decisions and on what basis were the decisions made on how many shares would go to each priority investor, each institutional investor and each retail investor in respect of the privatisation of Royal Mail.
tabling member constituency	Edinburgh South
tabling member printed	Ian Murray
uin	196282
answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>The Government set the overall allocation policy with the aim of getting the right balance between longer-term, stable investors, retail investors and shorter-term investors who provide liquidity in the market.</p><p> </p><p>Allocations were made to a number of institutions who in the early stages of engagement were willing to place non-binding orders despite the risks attached to the IPO such as the industrial relations situation. These investors gave us confidence that there was sufficient demand to proceed with the IPO.</p><p> </p><p>We had nearly three-quarters of a million retail applications so their allocations were scaled back as they were for institutional investors. Given this high demand, Ministers decided to prioritise smaller investors and put in place a cut-off above £10,000 and give everyone below that the same number of shares. Around 95% of retail investors were allocated shares.</p><p><strong> </strong></p><p><strong> </strong></p><p> </p> answering member constituency Sevenoaks answering member printed Michael Fallon question first answered 28/04/2014 12:00:00 answering member 88 label Biography information for Sir Michael Fallon
tabling member	3966 label Biography information for Ian Murray

48117

registered interest
date	10/04/2014
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
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, how much in cash terms and what proportion of total university funding came from (a) domestic tuition fees, (b) foreign student fees, (c) public funding and (d) external sponsorship in the last year for which figures are available.
tabling member constituency	Esher and Walton
tabling member printed	Mr Dominic Raab
uin	196285
answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>Information on the finances of English Higher Education Institutions (HEIs) is collected and published by the Higher Education Statistics Agency (HESA). A summary of the income of publicly-funded HEIs in England from Home and EU Tuition Fees, Non-EU Tuition Fees, Public Funding and External Sponsorship has been provided in the table.</p><p> </p><p><strong>Income of publicly-funded higher education institutions<sup>(1)</sup></strong></p><p>English Higher Education Institutions</p><p>Academic year 2012/13</p><table><tbody><tr><td><p><strong>Academic year</strong></p></td><td><p><strong>Income<br>(£ millions)</strong></p></td><td><p><strong>Share of Total Income (%)</strong></p></td></tr><tr><td><p><strong>Total Course Fee Income</strong></p></td><td><p><strong>10,142</strong></p></td><td><p><strong>41.7%</strong></p></td></tr><tr><td><p>Of which…</p></td><td><p><strong> </strong></p></td><td><p><strong> </strong></p></td></tr><tr><td><p>Home &amp; EU Tuition Fees</p></td><td><p>6,479</p></td><td><p>26.6%</p></td></tr><tr><td><p>Non-EU Tuition Fees</p></td><td><p>2,997</p></td><td><p>12.3%</p></td></tr><tr><td><p>Other Tuition Fee Income<sup>(2)</sup></p></td><td><p>666</p></td><td><p>2.7%</p></td></tr><tr><td><p><strong>Public Funding <sup>(3)</sup></strong></p></td><td><p><strong>8,580</strong></p></td><td><p><strong>35.3%</strong></p></td></tr><tr><td><p><strong>External Sponsorship <sup>(4)</sup></strong></p></td><td><p><strong>5,598</strong></p></td><td><p><strong>23.0%</strong></p></td></tr><tr><td><p><strong>Total Income</strong></p></td><td><p><strong>24,320</strong></p></td><td><p><strong>100.0%</strong></p></td></tr></tbody></table><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p><em>Source: HESA Finance Record</em></p><p>Notes:</p><p>All figures are rounded to the nearest £ million and, as a result, columns may not total correctly.</p><p><sup> </sup></p><p><sup>(1) </sup>The University of Buckingham are the only non-publicly funded HEI to return financial data to HESA and their income has been omitted from the final figures.</p><p><sup>(2) </sup>Other Tuition Fee Income includes income received from FE Courses and Non-Credit bearing courses.</p><p><sup>(3) </sup>Public Funding refers to funding received from Funding Bodies, BIS Research Councils, UK Central Government, Local Authorities, Health and Hospital Authorities and EU Government Bodies.</p><p><sup>(4) </sup>External Sponsorship refers to income from non-public sources including research grants and other income from EU and UK industry, commerce and other corporations.</p><p> </p><p> </p> answering member constituency Havant answering member printed Mr David Willetts question first answered 28/04/2014 12:00:00 answering member 53 label Biography information for Lord Willetts
tabling member	4007 label Biography information for Dominic Raab

48174

registered interest
date	10/04/2014
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
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, whether he has made an assessment of the recommendations contained in the Association of Business Recovery Professionals publication entitled Level Playing Field: SMEs, taxpayers, and the Football Creditors Rule.
tabling member constituency	Coventry North East
tabling member printed	Mr Bob Ainsworth
uin	196373
answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>R3 has made some interesting recommendations which the football authorities should consider carefully. The football authorities have already made some changes, notably through agreeing “financial fair play” rules, salary caps and an early warning system for tax debts, as well as to governance arrangements, to increase financial stability in the leagues and to increase transparency for creditors.</p><p> </p><p> </p> answering member constituency Cardiff Central answering member printed Jenny Willott question first answered 28/04/2014 12:00:00 answering member 1497 label Biography information for Jenny Willott
tabling member	306 label Biography information for Mr Bob Ainsworth

47882

registered interest
date	09/04/2014
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
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, with reference to Growth is Our Business: A Strategy for Professional and Business Services published in July 2013, what engagement plan for disseminating high value opportunity programme opportunities has been developed; and what opportunities have been identified within the professional and business services sector.
tabling member constituency	Hartlepool
tabling member printed	Mr Iain Wright
uin	195986
answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>Through this strategy UKTI has invigorated its support for this vital sector including a sector-focused trade mission programme, new business ambassadors, a marketing plan, and a sharper focus on the High Value Opportunity (HVO) programme, to make sure professional and business services (PBS) businesses are aware of theexport opportunities and are able to get involved. We are engaging with industry on how we maximise the impact of these activities and what more we can do to help. This has included discussions with businesses from this sector across the country and the Devolved Administrations.</p><p> </p><p>Companies are able to find out more about HVO opportunities including a link to an opportunity map at <a href="https://www.gov.uk/high-value-opportunities" target="_blank">https://www.gov.uk/high-value-opportunities</a>.</p> answering member constituency Sevenoaks answering member printed Michael Fallon question first answered 28/04/2014 12:00:00 answering member 88 label Biography information for Sir Michael Fallon
tabling member	1478 label Biography information for Mr Iain Wright

47888

registered interest
date	09/04/2014
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
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, with reference to Growth is Our Business: A Strategy for Professional and Business Services published in July 2013, if the new envoy network has been convened through UK Trade & Investment; and what progress his Department has made in orchestrating a mission programme.
tabling member constituency	Hartlepool
tabling member printed	Mr Iain Wright
uin	195994
answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>In line with the commitment in “Growth is Our Business” to invite leading business people from professional and business services (PBS) to act as sector envoys whilst travelling abroad, several individuals were approached to join the Prime Minister's list of Business Ambassadors. Appointments of four new PBS Business Ambassadors were announced in January 2014. These were Ruby McGregor-Smith CBE (Chief Executive Officer MITIE), Rona Fairhead CBE, Steve Varley (UK Chairman and Managing Partner (UK and Ireland) of Ernst and Young) and Will Lawes (Senior Partner, Freshfields Bruckhaus Deringer). They joined Caroline Plumb (Chief Executive Officer, FreshMinds), Alan Parker (Chairman, Brunswick Group), who were already active.</p><p> </p><p>Business Ambassadors agree to undertake a programme of activities agreed with UK Trade &amp; Investment (UKTI) including holding events to promote UK businesses around the world, meeting overseas Ministers and inward missions, participating in trade missions and providing insights into how UKTI can best deliver for business.</p> answering member constituency Sevenoaks answering member printed Michael Fallon question first answered 28/04/2014 12:00:00 answering member 88 label Biography information for Sir Michael Fallon
tabling member	1478 label Biography information for Mr Iain Wright

47889

registered interest
date	09/04/2014
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
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, with reference to Growth is Our Business: A Strategy for Professional and Business Services published in July 2013, whether his Department is on course to run at least two professional and business services dedicated trade missions each year; and what such missions have taken place since the Strategy was published.
tabling member constituency	Hartlepool
tabling member printed	Mr Iain Wright
uin	195995
answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>UK Trade &amp; Investment (UKTI) is developing professional and business services dedicated trade missions to North America, South America, South East Asia and India this year. These missions will complement other planned trade missions open to this sector, for example the business delegations which accompany the Lord Mayor of London's overseas visits.</p><p> </p><p>UKTI delivered a professional services event in Russia with the Association of Chartered Certified Accountants, the Chartered Institute of Securities and Investment and the Royal Society of Chartered Surveyors in November 2013.</p> answering member constituency Sevenoaks answering member printed Michael Fallon question first answered 28/04/2014 12:00:00 answering member 88 label Biography information for Sir Michael Fallon
tabling member	1478 label Biography information for Mr Iain Wright

47892

registered interest
date	09/04/2014
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
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 has taken to reduce the regulatory burden on small businesses; and if he will make a statement.
tabling member constituency	Brighton, Kemptown
tabling member printed	Simon Kirby
uin	196014
answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>The Department for Business, Innovation and Skills has put in place a robust framework to reduce the burden of regulation on all businesses, particularly small business.</p><p> </p><p>In January 2011, we brought in the One-in, One-out rule. This required departments wanting to introduce new regulation which generated costs for business to first identify a corresponding cut in regulation elsewhere with the same value. In January 2013 this was increased to a more demanding One-In, Two-Out rule so that departments now need to find £2 of savings for every £1 cost they introduce. To date, as set out in the 7<sup>th</sup> Statement of New Regulation published on 17 December 2013, we have cut the annual cost of domestic regulation by £1.19 billion.</p><p> </p><p>We are also reducing the stock of regulation through the Red Tape Challenge, with over 3,000 regulations now having been identified to be scrapped or improved. When fully implemented, we expect that these changes will bring estimated annual savings to business of over £850 million.</p><p> </p><p> </p><p> </p><p>Specifically to help small business, in April 2011 we introduced a moratorium exempting micro and start-up businesses from new domestic regulation for three years. From 1 April 2014 this was extended to include small businesses (with up to 50 employees) through the introduction of the Small and Micro Business Assessment (SaMBA).</p><p> </p><p>Measures that this Department has introduced specifically to reduce the burden of regulation on small businesses include giving small and medium-sized enterprises the flexibility to determine the most appropriate set of accounting rules for them, along with flexibility in how they submit their company reports through regulatory changes to audit rules. We have also extended the qualifying period of unfair dismissal to two years and introduced a new employment status of employee shareholder.</p> answering member constituency Sevenoaks answering member printed Michael Fallon question first answered 28/04/2014 12:00:00 answering member 88 label Biography information for Sir Michael Fallon
tabling member	3929 label Biography information for Simon Kirby

47893

registered interest
date	09/04/2014
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
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what research and development into the commercial application of robotics his Department funds; and if he will make a statement.
tabling member constituency	Brighton, Kemptown
tabling member printed	Simon Kirby
uin	196017
answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>This Department has worked with the Technology Strategy Board's (TSB) Robotics and Autonomous Systems (RAS) Special Interest Group to develop a National Strategy for robotics in the UK, which will identify commercial opportunities in key sectors of the Government's Industrial Strategy.</p><p> </p><p>The Department and its partner organisations fund research and development into the commercial application of robotics as follows:</p><p> </p><p>BIS</p><p>This Department is currently providing funding of £1.5m to support the development of autonomous road vehicles. The consortium (which includes Oxford and Cambridge Universities, the Transport Systems Catapult and other partners) will develop small pod-like vehicles capable of carrying up to 2 passengers and which will ultimately be capable of autonomous operations.</p><p> </p><p>BIS has previously funded a two year automation programme with the British Automation and Robot Association that ended in September 2013. The £600k programme over two years enabled the provision of a one day manufacturing review and diagnostic to small and medium-sized enterprises on the potential to apply robotics and automation in their businesses. The programme also provided the opportunity for more detailed interventions. Over 268 one day reviews were carried out, and more detailed interventions accounted for a further 282 days of advice.</p><p> </p><p>Research Councils</p><p>The Research Councils current investment into research related to the commercial application of robotics is £36.5m, which includes a £10m investment through the Natural Environment Research Council into Marine Autonomous Systems.</p><p> </p><p>Technology Strategy Board</p><p>The TSB is the prime channel through which Government supports business-led technology innovation. Since 2010 it has invested £8 million in robotics and robotics related projects, helping business develop and commercialise new products and services.</p><p> </p><p>The TSB is arranging an entrepreneur-led overseas delegation to the US in June 2014 to develop the UK's brand in robotics and to engage with the rapidly growing robotics cluster in San Francisco and San Diego. This creates a real opportunity for UK robotics companies to capitalise on this growth and take a lead in integrating their technologies in a range of markets that could exploit them. The message behind the mission is that the UK is open for business and has innovative robotics companies that are interested in the US market and are ready to engage in dialogue, form partnerships and do business in the international arena.</p><p> </p><p>In addition, the Government (through TSB) has previously funded research and demonstration of civil Unmanned Aerial Vehicles through the £62m ASTRAEA programme over the past seven years. The programme has made possible the ‘unmanned' flight of a Jetstream 31 from Lancashire to Inverness, clocking up to 2,500 miles in flights between Lancashire and Inverness and around the Irish Sea.</p><p> </p><p>UK Space Agency</p><p>The UK Space Agency encourages and supports companies and research organisations to spin-out technology developed through space exploration into non-space sectors. The funding provided by the Agency is for feasibility studies. The relevant studies funded are:</p><p> </p><ul><li>the application of Mars rover autonomous navigation for large off road vehicles; and</li><li>development of Auto-Resonant Control System.</li></ul> answering member constituency Havant answering member printed Mr David Willetts question first answered 28/04/2014 12:00:00 answering member 53 label Biography information for Lord Willetts
tabling member	3929 label Biography information for Simon Kirby