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1148757

	registered interest
	date	14/10/2019
	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	Iron and Steel: Manufacturing Industries
	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 assessment she has made of the potential effect of Ofgem's Targeted Charging Review proposals on (a) costs to the UK steel sector, (b) steel making capability, (c) the manufacturing sector and (c) the local economy of steel producing areas.
	tabling member constituency	Scunthorpe
	tabling member printed	Nic Dakin
	uin	155
	answer	answer is ministerial correction date of answer 23/10/2019 answer text <p>Ofgem’s Targeted Charging Review is seeking to ensure all parties connected to the electricity network make a fair contribution to its fixed costs. This is consistent with Government’s views on the importance of an energy system that discourages free riding and ensures a fair distribution of costs, with solutions rewarded where they contribute to reduced system costs.</p><p> </p><p>Network charging is a matter for Ofgem as the independent regulator, and decisions on its review are for it to make. The analysis published by Ofgem is available at <a href="https://www.ofgem.gov.uk/electricity/transmission-networks/charging/targeted-charging-review-significant-code-review" target="_blank">https://www.ofgem.gov.uk/electricity/transmission-networks/charging/targeted-charging-review-significant-code-review</a>, Ofgem expects total consumer costs to reduce as a result of its proposals. Ofgem has yet to take its final decisions on the review - it is currently considering the views and evidence provided in response to its most recent consultation.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 23/10/2019 12:59:28 answering member 4113 label Biography information for Nadhim Zahawi
	tabling member	4056 label Biography information for Nic Dakin

1148758

	registered interest
	date	14/10/2019
	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	Iron and Steel: Manufacturing Industries
	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 recent assessment she has made of the effect of non-competitive electricity prices on the steel sector’s ability to compete internationally.
	tabling member constituency	Scunthorpe
	tabling member printed	Nic Dakin
	uin	156
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>We recognise that industrial consumers currently pay higher electricity prices than elsewhere in the EU. No specific assessment has been made on the impact of electricity price differential on UK steel sector’s competitiveness.</p><p> </p><p>The ability of our steel industry to compete globally and across Europe is a priority for this Government. We therefore provide electricity cost compensation and exemption support to maintain the UK’s reputation as an attractive location for these businesses.</p><p> </p><p>We have a number of funds available to energy intensive industries, including steel, to help them increase energy efficiency and transition to a low carbon future. These funds include the £315 million Industrial Energy Transformation Fund, the Industrial Heat Recovery Support Programme and the recently announced £250 million Clean Steel Fund.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 21/10/2019 11:57:11 answering member 4113 label Biography information for Nadhim Zahawi
	tabling member	4056 label Biography information for Nic Dakin

1148759

	registered interest
	date	14/10/2019
	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	Energy: Costs
	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 progress her Department has made towards achieving the 2017 Conservative manifesto ambition to deliver lowest energy costs in Europe for (a) households and (b) businesses.
	tabling member constituency	Scunthorpe
	tabling member printed	Nic Dakin
	uin	157
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>With around 60 domestic suppliers in the market households can make big reductions to their bills when they switch and save. As we continue to work with Ofgem to reform the sector our price cap on standard variable tariffs protects people who can’t or don’t switch, saving them between £75-£100 per year, in addition to the protection provided by the pre-payment meter price cap.</p><p> </p><p>The Government is also committed to minimising energy costs for businesses. We are consulting on the final design of the £315 million Industrial Energy Transformation Fund to support businesses with high energy use to cut their bills and emissions. This is in addition to the steps we have taken to reduce the cumulative impact of energy and climate change policies on industrial electricity prices for key Energy Intensive Industries (EIIs) in sectors such as steel, plastics, cement and chemicals. This includes a package of relief for EIIs worth over £900 million since 2013 until the end of financial year 2018/19.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 21/10/2019 11:57:18 answering member 4134 label Biography information for Kwasi Kwarteng
	tabling member	4056 label Biography information for Nic Dakin

1148760

	registered interest
	date	14/10/2019
	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	Energy: Costs
	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 assessment she has made of the implications for her policies of the recommendation to align UK industrial electricity prices with such prices in Germany and France in the report entitled The Energy Price Gap, published by UK Steel in October 2019.
	tabling member constituency	Scunthorpe
	tabling member printed	Nic Dakin
	uin	158
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>We are looking carefully at the analysis in the UK Steel report. The Government is committed to minimising energy costs for businesses to ensure our economy remains strong and competitive. Our policies include providing electricity cost compensation and exemption support to maintain the UK’s reputation as an attractive location for energy intensive industries including steel. The £315 million Industrial Energy Transformation Fund will also support businesses with high energy use to cut their bills and emissions.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 21/10/2019 11:57:25 answering member 4113 label Biography information for Nadhim Zahawi
	tabling member	4056 label Biography information for Nic Dakin

1148761

	registered interest
	date	14/10/2019
	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	Iron and Steel: Energy
	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 she will introduce (a) discounts on energy network costs, (b) a Capacity Market Levy exemption, (c) 100 per cent compensation for the indirect costs of carbon and (d) other substantive measures to lower electricity prices for the UK steel sector.
	tabling member constituency	Scunthorpe
	tabling member printed	Nic Dakin
	uin	159
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>The Government is committed to minimising energy costs for businesses to ensure our economy remains strong and competitive.</p><p> </p><p>Network charging is a matter for Ofgem as the independent regulator, and we continue to support Ofgem to enable all interested parties to engage in its work to reform network charging arrangements.</p><p> </p><p>Our assessment is that both exempting electricity intensive industries from Capacity Market costs and providing 100% compensation for the indirect costs of carbon would not be compatible with current State aid guidelines. The Capacity Market will ensure that all energy consumers – including the steel sector – benefit from a secure and affordable supply of electricity. Eligible businesses in the steel sector already benefit from the maximum rate of compensation for the indirect costs of carbon that is allowable under current State aid guidelines. The £315 million Industrial Energy Transformation Fund will also support businesses with high energy use to cut their bills and emissions.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 21/10/2019 11:57:40 answering member 4113 label Biography information for Nadhim Zahawi
	tabling member	4056 label Biography information for Nic Dakin

1148763

	registered interest
	date	14/10/2019
	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	Executives: 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 she will bring forward legislative proposals to ensure that executive (a) salaries and (b) bonuses reflect the performance of the companies they run.
	tabling member constituency	Warrington South
	tabling member printed	Faisal Rashid
	uin	275
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>The existing legal framework provides full transparency about directors’ remuneration arrangements, including on salaries and bonuses, and gives shareholders a strong say on pay.</p><p> </p><p>Since 2013, the law has required quoted companies to prepare a directors’ remuneration policy. This must set out how the company proposes to pay directors, including every element of remuneration that a director is entitled to and how it supports the company’s long-term strategy and performance. Companies are required to put the remuneration policy to a binding shareholder vote at least once every three years.</p><p> </p><p>Companies must also publish an annual remuneration report showing how the approved pay policy has been implemented, including a single figure for the total pay directors received that year. This report is subject to an annual advisory vote. If the company loses this vote, it is required to put a new remuneration policy to shareholders the following year.</p><p> </p><p>Alongside the legislative requirements, the UK Corporate Governance Code includes principles and provisions setting out how companies should approach executive remuneration, including a principle that executive remuneration should be “aligned to company purpose and values and be clearly linked to the successful delivery of the company’s long-term strategy”. The Financial Conduct Authority’s Listing Rules require companies to make a report in their corporate governance statement to enable shareholders to evaluate how the principles have been applied.</p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 21/10/2019 16:08:54 answering member 4487 label Biography information for Kelly Tolhurst
	tabling member	4670 label Biography information for Faisal Rashid

1148768

	registered interest
	date	14/10/2019
	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	Business: Crawley
	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 recent steps her Department has taken to support businesses in Crawley.
	tabling member constituency	Crawley
	tabling member printed	Henry Smith
	uin	165
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>The Government is committed to making the UK the best place to start and grow a business, ensuring all businesses have access to the advice and support they need<del class="ministerial"> to succeed to start, grow, and scale up their businesses</del>.</p><p> </p><p>All businesses can access core services, information and guidance on starting up and running a business, as well as their statutory rights and obligations, on our GOV.UK sites and <a href="http://www.gov.uk/browse/business" target="_blank">www.gov.uk/browse/business</a>. The Business Finance and Support Finder tool on the website provides information on how to access a wide range of Government-backed financial support for start-up businesses, such as funding and grant schemes. The Government backed British Business Bank (BBB), as of July 2019, has provided funding of £6.6bn to over 89,000 businesses. In addition, since 2012, the Start-Up Loans Company (now part of BBB) has delivered over 67,000 loans worth over £534m. In Crawley they have issued 99 loans since 2012, worth over £680,000.</p><p> </p><p>This Government continues to work with Local Enterprise Partnerships (LEPs) to drive forward local growth. Through three rounds of competitive Growth Deals, Government has invested over £9 billion of funding, including £304.3 million to Coast to Capital LEP, which covers Crawley, to empower local areas to reach their potential, boosting national productivity and growth.</p><p> </p><p>We have also supported and invested in the creation of a network of 38 Growth Hubs. Businesses in the Crawley constituency can access business advice through the Coast to Capital Growth Hub. Led and governed by the Coast to Capital LEP, the Growth Hub provides a free, impartial, ‘single point of contact’ to help businesses in the area identify and access the right support for them at the right time no matter their size or sector. This support includes helping businesses prepare for Brexit. In 2018-19 the Coast to Capital Growth Hub supported over 1,503 businesses and helped more than 313 individuals start a business.</p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 21/10/2019 16:11:37 question first ministerially corrected 22/10/2019 15:30:10 answering member 4487 label Biography information for Kelly Tolhurst previous answer version 620 answering member constituency Rochester and Strood answering member printed Kelly Tolhurst answering member 4487 label Biography information for Kelly Tolhurst
	tabling member	3960 label Biography information for Henry Smith

1148769

	registered interest
	date	14/10/2019
	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	Greenhouse Gas Emissions
	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 steps her Department is taking to reduce greenhouse gas emissions to net zero by 2050.
	tabling member constituency	Crawley
	tabling member printed	Henry Smith
	uin	166
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>The UK has made world-leading progress in cutting our emissions while growing the economy. Our net zero target requires us to build on this progress by transforming our economy – our homes, our transport, our businesses, and how we generate and use energy.</p><p>We are building on the strong frameworks of the Clean Growth Strategy and Industrial Strategy to deliver the net zero target. Since legislating for net zero the Government has announced £2 billion of investment, including up to £1 billion for the electric vehicle supply chain, and funding for electric vehicle infrastructure, clean steel and hydrogen.</p><p>The Government will continue to bring forward further plans, for example through the Energy White Paper, Transport Decarbonisation Plan and Heat Roadmap in the coming months.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 21/10/2019 15:19:51 answering member 4134 label Biography information for Kwasi Kwarteng
	tabling member	3960 label Biography information for Henry Smith

1148853

	registered interest
	date	14/10/2019
	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	Insolvency
	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 the Government has to bring forward legislative proposals to provide for support for people who are seeking to collect earnings from organisations that have gone into compulsory liquidation.
	tabling member constituency	Portsmouth South
	tabling member printed	Stephen Morgan
	uin	319
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>Legislation is continually reviewed to ensure it remains relevant and fit for purpose. The Insolvency Service’s Redundancy Payments Service is committed to ensuring individuals made redundant are paid the monies due to them as quickly as possible. The legislative framework sets out the requirements for collective redundancy consultation and where a protective award is made against a company in liquidation, the Insolvency Service’s Redundancy Payments Service will pay the protective award.</p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 21/10/2019 15:52:21 answering member 4487 label Biography information for Kelly Tolhurst previous answer version 183 answering member constituency Rochester and Strood answering member printed Kelly Tolhurst answering member 4487 label Biography information for Kelly Tolhurst
	tabling member	4653 label Biography information for Stephen Morgan

1148901

	registered interest
	date	14/10/2019
	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	Ageing: Research
	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 funding is being invested by UKRI in understanding the biological mechanisms of ageing.
	tabling member constituency	South Basildon and East Thurrock
	tabling member printed	Stephen Metcalfe
	uin	220
	answer	answer is ministerial correction date of answer 31/10/2019 answer text <p>Through the Ageing Society Grand Challenge (ASGC), the Government has set an ambitious mission to “ensure that people can enjoy at least five extra healthy, independent years of life by 2035”.</p><p>UKRI is a key part in addressing this Challenge. We have announced £98m of funding for healthcare innovation to support healthy aging, through the Industrial Strategy Challenge Fund, and £69.5 million through UKRI’s Strategic Priorities Fund to unlock new treatments that allow people to lead healthier and longer lives.</p><p>In 2018/19, UKRI spent £81.9m on a huge breadth of healthy ageing research. Within this, the Biotechnology and Biological Sciences Research Council (BBSRC) and Medical Research Council (MRC) are the main funders of research into the biological mechanism of ageing. In 2017/18:</p><ul><li>MRC spent £39.1m on research directly related to ageing, as part of this, £14.9m was specifically for research directly relating to the biological mechanisms of ageing.</li><li>BBSRC spent £16.8m on research that covers the biological mechanisms for ageing.</li></ul><p> </p> answering member constituency Kingswood answering member printed Chris Skidmore question first answered 31/10/2019 08:17:22 answering member 4021 label Biography information for Chris Skidmore
	tabling member	4092 label Biography information for Stephen Metcalfe