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1138436

	registered interest
	date	11/07/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Companies House: Staff
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many people are employed at Companies House.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	276212
	answer	answer is ministerial correction date of answer 16/07/2019 answer text <p>The number of people employed at Companies House is 981. This figure includes both full time and part-time employees.</p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 16/07/2019 16:40:03 answering member 4487 label Biography information for Kelly Tolhurst
	tabling member	4397 label Biography information for Peter Dowd

1104862

	registered interest
	date	25/03/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Department for Business, Energy and Industrial Strategy: Public Expenditure
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, for what reason his Department has not published the transparency data entitled BEIS: Spending over £25,000 since 8 February 2018; and when they plan to next update that data.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	236431
	answer	answer is ministerial correction date of answer 02/04/2019 answer text <p>In February 2018 the Department identified that its recently published datasets contained data that could be commercially sensitive. The Department takes the protection and handling of its data very seriously. Extensive process re-engineering work was therefore undertaken to minimise the risk of this happening again.</p><p> </p><p>We are committed to re-commencing publication of these datasets by Easter 2019.</p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 02/04/2019 12:21:24 answering member 4487 label Biography information for Kelly Tolhurst
	tabling member	4397 label Biography information for Peter Dowd

1092187

	registered interest
	date	20/03/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Department for Business, Energy and Industrial Strategy: Consultants
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many consultants his Department has hired since 2016; and what the cost of that hiring was to the public purse.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	234810
	answer	answer is ministerial correction date of answer 02/04/2019 answer text <p>The Department does not hold information on the number of consultants hired in any one year as this work is often commissioned as part of an outcomes based contract to ensure value for money.</p><p> </p><p>The amount spent on consultants each year since 2016 is:</p><p> </p><p>2016-17 - £63.0 million of which £41.4 million was related to Site Licence Companies</p><p>2017-18 - £50.4 million of which £37.3 million was related to Site Licence Companies.</p><p> </p><p>Site Licence Companies manage and operate the nuclear facilities at the Nuclear Decommissioning Authority (NDA) sites.</p><p> </p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 02/04/2019 12:21:37 answering member 4487 label Biography information for Kelly Tolhurst previous answer version 109940 answering member constituency Watford answering member printed Richard Harrington answering member 4068 label Biography information for Lord Harrington of Watford
	tabling member	4397 label Biography information for Peter Dowd

1083568

	registered interest
	date	07/03/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Department for Business, Energy and Industrial Strategy: Public Consultation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many consultations by his Department (a) are open, (b) are closed awaiting a Government response and (c) have been initiated since 2016.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	229739
	answer	answer is ministerial correction date of answer 25/03/2019 answer text <p>The Department for Business, Energy and Industrial Strategy (BEIS) currently has 6 open consultations.</p><p>20 consultations are closed awaiting a Government response.</p><p>Since its inception in July 2016, BEIS has initiated 100 consultations on GOV.UK.</p> answering member constituency Watford answering member printed Richard Harrington question first answered 25/03/2019 07:00:33 answering member 4068 label Biography information for Lord Harrington of Watford
	tabling member	4397 label Biography information for Peter Dowd

1050088

	registered interest
	date	28/01/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Companies House: Prosecutions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many prosecutions Companies House has brought in each year since 2010.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	213394
	answer	answer is ministerial correction date of answer 31/01/2019 answer text <p>The number of prosecutions Companies House has brought in each year since 2010 is publicly available information. Information for prosecutions brought from 2010/11 to 2014/15 can be found at:</p><p><a href="https://www.gov.uk/government/statistics/companies-register-activities-statistical-release-20142015" target="_blank">https://www.gov.uk/government/statistics/companies-register-activities-statistical-release-20142015</a>.</p><p>The hon. Member should select the MS Excel version of the table and the data is in table D2</p><p><br>Information for prosecutions brought from 2012/13 to 2017/18 can be found at</p><p><a href="https://www.gov.uk/government/statistical-data-sets/companies-house-management-information-tables-2017-18" target="_blank">https://www.gov.uk/government/statistical-data-sets/companies-house-management-information-tables-2017-18</a>.</p><p>The data is in Table 5 of the table.</p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 31/01/2019 16:05:56 answering member 4487 label Biography information for Kelly Tolhurst
	tabling member	4397 label Biography information for Peter Dowd

1050090

	registered interest
	date	28/01/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Companies House: Company Investigations
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many companies have been struck off the companies register as a result of action by Companies House in each year since 2010.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	213395
	answer	answer is ministerial correction date of answer 31/01/2019 answer text <p>The number of companies struck off the company register as a result of action by Companies House in each year since 2010 is as follows.</p><p> </p><table><tbody><tr><td><p>Year</p></td><td><p>Number of Companies</p></td></tr><tr><td><p>2010/11</p></td><td><p>178,419</p></td></tr><tr><td><p>2011/12</p></td><td><p>127,758</p></td></tr><tr><td><p>2012/13</p></td><td><p>128,964</p></td></tr><tr><td><p>2013/14</p></td><td><p>139,015</p></td></tr><tr><td><p>2014/15</p></td><td><p>161,740</p></td></tr><tr><td><p>2015/16</p></td><td><p>172,989</p></td></tr><tr><td><p>2016/17</p></td><td><p>202,299</p></td></tr><tr><td><p>2017/18</p></td><td><p>212,347</p></td></tr></tbody></table> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 31/01/2019 16:06:04 answering member 4487 label Biography information for Kelly Tolhurst
	tabling member	4397 label Biography information for Peter Dowd

1023954

	registered interest
	date	12/12/2018
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Companies House: Staff
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many staff were employed at companies house in (a) 2010, (b) 2011, (c) 2012, (d) 2013, (e) 2014, (vi) 2015, (f) 2016, (g) 2017 and (h) 2018.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	201703
	answer	answer is ministerial correction date of answer 17/12/2018 answer text <p>The number of staff employed at Companies House is publicly available information. It is published annually in Companies House’s Annual Accounts and Report. These can be found <a href="https://www.gov.uk/government/publications?keywords=accounts+and+Report&amp;taxons%5B%5D=all&amp;subtaxons%5B%5D=all&amp;publication_filter_option=all&amp;departments%5B%5D=companies-house&amp;official_document_status=all&amp;world_locations%5B%5D=all&amp;from_date=&amp;to_date=" target="_blank">here</a>.</p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 17/12/2018 17:46:15 answering member 4487 label Biography information for Kelly Tolhurst
	tabling member	4397 label Biography information for Peter Dowd

1002656

	registered interest
	date	06/11/2018
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Renewable Energy: EU Law
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has plans to transpose the provisions of the EU Renewable Energy Directive II into UK law when the UK leaves the EU.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	188863
	answer	answer is ministerial correction date of answer 12/11/2018 answer text <p>Leaving the EU will not affect the UK's commitment to domestic and international efforts to tackle climate change. Renewable technologies now form a very significant part of the UK’s energy mix and will continue to do so into the future. Renewable energy will have a key role to play in delivering our ambitious Clean Growth Strategy.</p><p>The UK will consider the extent of our longer term cooperation with the EU on renewable energy as part of the wider EU Exit negotiations on our future energy partnership.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 12/11/2018 17:37:12 answering member 3974 label Biography information for Claire Perry
	tabling member	4397 label Biography information for Peter Dowd

993739

	registered interest
	date	23/10/2018
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Renewable Energy: EU Law
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the provisions of the EU Renewable Energy Directive II recast will be transposed into UK law in the event that the UK leaves the EU next March.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	182863
	answer	answer is ministerial correction date of answer 29/10/2018 answer text <p>Leaving the EU will not affect the UK's commitment to domestic and international efforts to tackle climate change. Renewable technologies now form a very significant part of the UK’s energy mix and will continue to do so into the future. Renewable energy will have a key role to play in delivering our ambitious Clean Growth Strategy. The UK will consider transposition of the Renewable Energy Directive II recast as part of the wider EU Exit negotiations on our future energy partnership.</p><p> </p> answering member constituency Devizes answering member printed Claire Perry grouped question UIN 182864 question first answered 29/10/2018 15:45:27 answering member 3974 label Biography information for Claire Perry
	tabling member	4397 label Biography information for Peter Dowd

993740

	registered interest
	date	23/10/2018
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Renewable Energy: Feed-in Tariffs
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department's proposals to end the export tariff for self-generators will require member states to remunerate self-generators for renewable electricity fed into the grid which reflects a fair market value as part of the EU Renewable Energy Directive II.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	182864
	answer	answer is ministerial correction date of answer 29/10/2018 answer text <p>Leaving the EU will not affect the UK's commitment to domestic and international efforts to tackle climate change. Renewable technologies now form a very significant part of the UK’s energy mix and will continue to do so into the future. Renewable energy will have a key role to play in delivering our ambitious Clean Growth Strategy. The UK will consider transposition of the Renewable Energy Directive II recast as part of the wider EU Exit negotiations on our future energy partnership.</p><p> </p> answering member constituency Devizes answering member printed Claire Perry grouped question UIN 182863 question first answered 29/10/2018 15:45:28 answering member 3974 label Biography information for Claire Perry
	tabling member	4397 label Biography information for Peter Dowd

865161

	registered interest
	date	16/03/2018
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Department for Business, Energy and Industrial Strategy: Assets
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how much money his Department has raised from the sale of (a) assets, (b) land and (c) buildings in each year since 2010.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	133028
	answer	answer is ministerial correction date of answer 26/03/2018 answer text <p>The Department for Business, Energy and Industrial Strategy (BEIS) was formed on 14 July 2016. The available details of cash raised by the Department for Business, Energy and Industrial Strategy from the sale of (a) assets, (b) land and (c) buildings since 2016 is shown in the table below. The values for 2017-18 are based on the unaudited and unpublished Period 9 (up to 31 December 2017) draft Core and Agencies accounts.</p><p> </p><p>The response solely relates to money raised from the sale of (a) assets, (b) land and (c) buildings and does not include cash receipts from the repayment of loans.</p><table><tbody><tr><td><p> </p></td><td><p>Core Department and Agencies</p></td><td><p>Core Department and Agencies</p></td><td><p>Core Department and Agencies</p></td></tr><tr><td><p> </p></td><td><p>2017-18 (Up to 31 December 2017)</p></td><td><p>2016-17</p></td><td><p>2015-16</p></td></tr><tr><td><p> </p></td><td><p>£m</p></td><td><p>£m</p></td><td><p>£m</p></td></tr><tr><td><p>a) Proceeds from the sale of assets (including investment properties, property, plant and equipment excluding land and buildings, intangible assets and assets held for sale)</p></td><td><p>1,567</p></td><td><p>4</p></td><td><p>10</p></td></tr><tr><td><p>b) Proceeds from the sale of land</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td></tr><tr><td><p>c) Proceeds from the sale of buildings</p></td><td><p>0</p></td><td><p>0</p></td><td><p>0</p></td></tr><tr><td><p>Total</p></td><td><p>1,567</p></td><td><p>4</p></td><td><p>10</p></td></tr></tbody></table> answering member constituency Watford answering member printed Richard Harrington question first answered 26/03/2018 12:58:45 answering member 4068 label Biography information for Lord Harrington of Watford
	tabling member	4397 label Biography information for Peter Dowd

856011

	registered interest
	date	06/03/2018
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Global Partnership against the Spread of Weapons and Materials of Mass Destruction
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many safety, environment and social impact programmes his Department has undertaken as part of G8 Global Partnership initiatives, since 2010.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	131177
	answer	answer is ministerial correction date of answer 12/03/2018 answer text <p>The Global Partnership Against the Spread of Weapons and Materials ‍Destruction (the Global Partnership) was launched at the G8 Summit in Kananaskis, Canada in 2002 with a mandate to prevent terrorists and those that harbour them from acquiring weapons and materials of mass destruction and their means of delivery. The Foreign &amp; Commonwealth Office holds the overall policy responsibility for the UK’s participation in the Global Partnership. Under the Global Partnership, the Ministry of Defence has managed the chemical weapon destruction and international biological security elements of the UK’s contribution, while the Department for Business, Energy and Industrial Strategy delivers work, through the UK’s Global Threat Reduction Programme, to provide assistance overseas to strengthen nuclear and radiological security. None of the programmes undertaken since 2010 by the Department for Business, Energy and Industrial Strategy, and its predecessors, under the Global Partnership have had safety, environment or social impact as their primary purpose.</p> answering member constituency Watford answering member printed Richard Harrington question first answered 12/03/2018 14:26:43 answering member 4068 label Biography information for Lord Harrington of Watford
	tabling member	4397 label Biography information for Peter Dowd

856012

	registered interest
	date	06/03/2018
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Department for Business, Energy and Industrial Strategy: Emergencies
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how much his Department spent on civil emergency planning in each year since 2010.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	131178
	answer	answer is ministerial correction date of answer 12/03/2018 answer text <p>The Department for Business, Energy and Industrial Strategy and it’s predecessors has spent the following on civil emergency planning in each financial year since 2011/2012, from when data is available:</p><p> </p><table><tbody><tr><td><p><strong>Financial Year</strong></p></td><td><p><strong>Total Spend</strong></p></td></tr><tr><td><p>2011/2012</p></td><td><p>£6,273,862</p></td></tr><tr><td><p>2012/2013</p></td><td><p>£9,113,498</p></td></tr><tr><td><p>2013/2014</p></td><td><p>£10,061,333</p></td></tr><tr><td><p>2014/2015</p></td><td><p>£12,577,060</p></td></tr><tr><td><p>2015/2016</p></td><td><p>£12,175,457</p></td></tr><tr><td><p>2016/2017</p></td><td><p>£14,407,109</p></td></tr><tr><td><p>2017/2018 (Current figure spend until end of Jan)</p></td><td><p>£13,749,151</p></td></tr></tbody></table><p> </p><p>These costs include both staff administrative and programme spend. Administrative spend includes salaries for those employed to work on emergency planning. Programme spend relates projects preparing for civil emergencies, including training, exercising and resourcing for emergency response.</p> answering member constituency Watford answering member printed Richard Harrington question first answered 12/03/2018 12:12:20 answering member 4068 label Biography information for Lord Harrington of Watford
	tabling member	4397 label Biography information for Peter Dowd

843742

	registered interest
	date	19/02/2018
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Parental Pay
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many people started to receive statutory (a) paternity pay and (b) shared parental pay since April 2015.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	128165
	answer	answer is ministerial correction date of answer 22/02/2018 answer text <p>From information provided by employers to HM Revenue &amp; Customs (HMRC), the following individuals started to receive (a) Statutory Paternity Pay and (b) Statutory Shared Parental Pay between April 2015 and September 2017.</p><p> </p><table><tbody><tr><td><p> </p></td><td><p><strong>Tax year </strong> <strong>2015 / 2016</strong></p></td><td><p><strong>Tax year </strong> <strong>2016 / 2017</strong></p></td><td><p><strong>April 2017 to September 2017 (inclusive)</strong></p></td></tr><tr><td><p><strong>Numbers in receipt of Statutory Paternity Pay</strong></p></td><td><p>214,500</p></td><td><p>218,600</p></td><td><p>108,600</p></td></tr><tr><td><p><strong>Numbers in receipt of Statutory Shared Parental Pay </strong></p></td><td><p>6,200*</p></td><td><p>8,700</p></td><td><p>Information is not yet available</p></td></tr></tbody></table><p>* This data includes claims for either Statutory Shared Parental Pay or Statutory Additional Paternity Pay: HMRC’s records do not distinguish between the two in 2015/16.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 22/02/2018 13:58:43 answering member 3936 label Biography information for Andrew Griffiths
	tabling member	4397 label Biography information for Peter Dowd

765816

	registered interest
	date	06/10/2017
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Parental Pay
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how may people received (a) statutory paternity and (b) shared parental pay in the financial year 2016-17.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	106314
	answer	answer is ministerial correction date of answer 11/10/2017 answer text <p>Based on the data provided to HM Revenue &amp; Customs by employers, we estimate that around 221,000 employees claimed statutory Paternity Pay and around 8,700 employees claimed statutory Shared Parental Pay in 2016-17.</p> answering member constituency Stourbridge answering member printed Margot James question first answered 11/10/2017 14:39:56 answering member 4115 label Biography information for Margot James
	tabling member	4397 label Biography information for Peter Dowd

760769

	registered interest
	date	14/09/2017
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Infrastructure: Ownership
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans he has to bring forward legislative proposals to ensure the delivery of (a) utilities, (b) communications, (c) transport and (d) energy infrastructure in the event of foreign ownership of such infrastructure.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	105095
	answer	answer is ministerial correction date of answer 12/10/2017 answer text <p>The Government will shortly bring forward proposals to ensure that foreign ownership of companies controlling important infrastructure does not undermine British security or essential services. These proposals will consolidate and strengthen Government’s powers to protect national security.</p> answering member constituency Watford answering member printed Richard Harrington question first answered 12/10/2017 11:03:52 answering member 4068 label Biography information for Lord Harrington of Watford
	tabling member	4397 label Biography information for Peter Dowd

754503

	registered interest
	date	20/07/2017
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Directors: Pay
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will ensure that listed companies publish the ratio of executive pay to the average pay of the broader UK workforce.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	6495
	answer	answer is ministerial correction date of answer 05/09/2017 answer text <p>The Government published its response to consultation on the Green Paper on <em>Corporate Governance Reform </em>on 29th August.</p><p>The response sets out the Government’s plans to introduce secondary legislation to require quoted companies to report annually the ratio of CEO pay to the average pay of their UK workforce along with a narrative explaining changes to that ratio from year to year and setting the ratio in the context of pay and conditions across the wider workforce.</p><p>Companies already face a binding vote on their executive remuneration policy at least once every three years, and must win a binding shareholder vote for any executive pay proposals that deviate from that policy. Most listed companies secure strong backing from their shareholders for their executive pay arrangements and are sensitive to shareholder concerns.</p><p>A minority, however, do not respond adequately to shareholder concerns. The Government has therefore invited the Financial Reporting Council to revise the UK Corporate Governance Code to be more specific about the steps that premium listed companies should take to understand and address shareholder concerns when they encounter significant opposition to their executive pay policies and awards.</p><p>The Government has also invited the Investment Association to implement a proposal made in its response to the Green Paper to maintain a public register of listed companies encountering shareholder opposition to pay awards of 20% or more. This will be accompanied by a record of what these companies have said they are doing to address shareholder concerns. The Government will monitor the impact of these measures.</p><p>A copy of the Government’s response to consultation on the <em>Corporate Governance Reform </em>green paper can be found at <a href="https://www.gov.uk/government/consultations/corporate-governance-reform" target="_blank">https://www.gov.uk/government/consultations/corporate-governance-reform</a>.</p> answering member constituency Stourbridge answering member printed Margot James grouped question UIN 6496 question first answered 05/09/2017 16:27:49 answering member 4115 label Biography information for Margot James
	tabling member	4397 label Biography information for Peter Dowd

754519

	registered interest
	date	20/07/2017
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Directors: Pay
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans he has to make executive pay packages subject to annual votes by shareholders.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	6496
	answer	answer is ministerial correction date of answer 05/09/2017 answer text <p>The Government published its response to consultation on the Green Paper on <em>Corporate Governance Reform </em>on 29th August.</p><p>The response sets out the Government’s plans to introduce secondary legislation to require quoted companies to report annually the ratio of CEO pay to the average pay of their UK workforce along with a narrative explaining changes to that ratio from year to year and setting the ratio in the context of pay and conditions across the wider workforce.</p><p>Companies already face a binding vote on their executive remuneration policy at least once every three years, and must win a binding shareholder vote for any executive pay proposals that deviate from that policy. Most listed companies secure strong backing from their shareholders for their executive pay arrangements and are sensitive to shareholder concerns.</p><p>A minority, however, do not respond adequately to shareholder concerns. The Government has therefore invited the Financial Reporting Council to revise the UK Corporate Governance Code to be more specific about the steps that premium listed companies should take to understand and address shareholder concerns when they encounter significant opposition to their executive pay policies and awards.</p><p>The Government has also invited the Investment Association to implement a proposal made in its response to the Green Paper to maintain a public register of listed companies encountering shareholder opposition to pay awards of 20% or more. This will be accompanied by a record of what these companies have said they are doing to address shareholder concerns. The Government will monitor the impact of these measures.</p><p>A copy of the Government’s response to consultation on the <em>Corporate Governance Reform </em>green paper can be found at <a href="https://www.gov.uk/government/consultations/corporate-governance-reform" target="_blank">https://www.gov.uk/government/consultations/corporate-governance-reform</a>.</p> answering member constituency Stourbridge answering member printed Margot James grouped question UIN 6495 question first answered 05/09/2017 16:27:50 answering member 4115 label Biography information for Margot James
	tabling member	4397 label Biography information for Peter Dowd