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1418453

registered interest
date	31/01/2022
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	Innovation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, with which (a) local authorities and (b) devolved administrations his Department has discussed Innovation Deals.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	114738
answer	answer is ministerial correction date of answer 03/02/2022 answer text <p>The Levelling Up White Paper sets out how we will maximise the contribution of innovation to levelling up by building on existing and emerging strengths across the country.</p><p> </p><p>We are committed to taking a place-based approach – tailoring support to the research, development and innovation strengths of different places and developing policies in partnership with local government, businesses and R&amp;D institutions.</p><p> </p><p>New Innovation Accelerator pilots will support three places in the UK to become major, globally competitive centres for research and innovation. In addition to receiving bespoke support from the UK Government, a total of £100m R&amp;D funding will be available to these places for projects between 2022/23 and 2024/25. Should these pilots prove successful, we will consider how to build on this approach in future.</p><p> </p><p>The policies in the Levelling Up White Paper have been informed by views from across the UK - including our R&amp;D Place Advisory Group, which includes Local Enterprise Partnership, and the Devolved Administrations - to understand how we can build on our excellence in research and innovation so that more people and places benefit.</p> answering member constituency Mid Norfolk answering member printed George Freeman question first answered 03/02/2022 13:50:28 answering member 4020 label Biography information for George Freeman
tabling member	4124 label Biography information for Chi Onwurah

1418454

registered interest
date	31/01/2022
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	Life Sciences
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the oral contribution of the Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy of 11 January 2022, Official Report, column 415, what progress he has made on allocating the dementia research and development budget.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	114739
answer	answer is ministerial correction date of answer 03/02/2022 answer text <p>The Department for Health &amp; Social Care will invest £375 million in neurodegenerative disease research over the next five years to fund projects into a range of diseases including dementia.</p><p> </p><p>Following the Spending Review, the Department for Business, Energy &amp; Industrial Strategy is currently working to set detailed R&amp;D budgets through to 2024/25. Further details of how this funding will be allocated will be announced in due course.</p> answering member constituency Mid Norfolk answering member printed George Freeman question first answered 03/02/2022 13:49:24 answering member 4020 label Biography information for George Freeman
tabling member	4124 label Biography information for Chi Onwurah

1417630

registered interest
date	28/01/2022
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	Research: Investment
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 private R&D investment is estimated to be crowded in for each pound of public R&D spend; how that estimate is calculated; and whether that is dependent on (a) geography and (b) sector.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	113732
answer	answer is ministerial correction date of answer 03/02/2022 answer text <p>BEIS published “<em>The relationship between public and private R&amp;D funding</em>” (BEIS Research Paper Number 2020/010) on 1 July 2020 at <a href="https://www.gov.uk/government/publications/research-and-development-relationship-between-public-and-private-funding(opens%20in%20a%20new%20tab)" target="_blank">https://www.gov.uk/government/publications/research-and-development-relationship-between-public-and-private-funding(opens in a new tab)</a> carried out by Oxford Economics Ltd<br></p><p>They estimated the monetary impact of the long-run leverage rate, suggesting that each £1 of public R&amp;D eventually stimulates between £1.96 and £2.34 of private R&amp;D</p><p>The study drew on OECD data for 41 countries from 1961 to 2017 with varying degrees of completeness.</p> answering member constituency Mid Norfolk answering member printed George Freeman question first answered 03/02/2022 13:48:30 answering member 4020 label Biography information for George Freeman
tabling member	4124 label Biography information for Chi Onwurah

1417657

registered interest
date	28/01/2022
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	Bounce Back Loan Scheme
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 estimate he has made of the (a) the value and (b) proportion of loans made through the Bounce Back Loan scheme that will not be repaid.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	113724
answer	answer is ministerial correction date of answer 02/02/2022 answer text <p>The latest estimates of projected losses in the Bounce Back Loan Scheme are available in the Department’s Annual Report and Accounts 2020-2021.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 02/02/2022 16:20:08 answering member 4414 label Biography information for Paul Scully
tabling member	4031 label Biography information for Rachel Reeves

1417658

registered interest
date	28/01/2022
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	Bounce Back Loan Scheme: Fraud
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 estimate he has made of the value of fraudulent loans made through the Bounce Back Loan scheme.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	113725
answer	answer is ministerial correction date of answer 02/02/2022 answer text <p>The latest estimates are available in the Department’s Annual Report and Accounts 2020-2021.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 02/02/2022 16:19:17 answering member 4414 label Biography information for Paul Scully
tabling member	4031 label Biography information for Rachel Reeves

1417659

registered interest
date	28/01/2022
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	Coronavirus Business Interruption Loan Scheme: Repayments
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 estimate he has made of the (a) value and (b) proportion of loans made through the Coronavirus Business Interruption Loan scheme that will not be repaid.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	113726
answer	answer is ministerial correction date of answer 02/02/2022 answer text <p>The latest estimates for projected losses from the scheme are available in the Department’s Annual Report and Accounts 2020-2021.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 02/02/2022 16:17:09 answering member 4414 label Biography information for Paul Scully
tabling member	4031 label Biography information for Rachel Reeves

1417660

registered interest
date	28/01/2022
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	Coronavirus Business Interruption Loan Scheme: Fraud
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 estimate he has made of the value of fraudulent loans made through the Coronavirus Business Interruption Loan scheme.
tabling member constituency	Leeds West
tabling member printed	Rachel Reeves
uin	113727
answer	answer is ministerial correction date of answer 02/02/2022 answer text <p>The latest estimates of projected losses for the scheme are available in the Department’s Annual Report and Accounts 2020-2021.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 02/02/2022 16:18:40 answering member 4414 label Biography information for Paul Scully
tabling member	4031 label Biography information for Rachel Reeves

1417673

registered interest
date	28/01/2022
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	Research: Private Sector
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 27 January to Question 110349, what proportion of private sector leverage is considered highly successful; and what proportion of Innovate UK programmes achieve that.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	113734
answer	answer is ministerial correction date of answer 03/02/2022 answer text <p>The level of private investment generated varies by sector (including maturity), stage of research and type of R&amp;D funding programme. It can therefore vary considerably across programmes.</p><p>For Innovate UK programmes, , Innovate UK has invested £4 billion of grant funding and generated £2.3 billion of direct matched funding from businesses, since 01/01/2012. On top of this, evaluations show net additional follow-on private investment of between £1-£5 within 1-4 years of receiving a grant.</p><p>Across Innovate UK’s core programmes, validated programme evaluations demonstrate a return to the economy of approximately of up to £7 for every £1, as well as spill-over impacts estimated to be 2 to 3 times larger.</p> answering member constituency Mid Norfolk answering member printed George Freeman question first answered 03/02/2022 13:57:49 answering member 4020 label Biography information for George Freeman
tabling member	4124 label Biography information for Chi Onwurah

1417675

registered interest
date	28/01/2022
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	Critical Minerals Expert Committee
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 process was used to select members of the Critical Minerals Expert Committee; who is involved in the Critical Minerals Expert Committee; and whether that committee has met yet.
tabling member constituency	Liverpool, Walton
tabling member printed	Dan Carden
uin	113821
answer	answer is ministerial correction date of answer 02/02/2022 answer text <p>The Critical Minerals Expert Committee is chaired by BEIS Chief Scientific Advisor, Professor Paul Monks. Members were selected based on recommendations from relevant Government departments. The full membership and further details can be found at <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fnews%2Fbusiness-secretary-opens-latest-meeting-of-the-critical-minerals-expert-committee&amp;data=04%7C01%7CPhil.Bennett%40beis.gov.uk%7Cac1a297d9aa24e9c6f6b08d9e557efc8%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C637792988106908804%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000&amp;sdata=wTzfqW4%2FjTVfLR7vCwRV%2B4nzEQcXy%2FptMNjLoD5f564%3D&amp;reserved=0" target="_blank">https://www.gov.uk/government/news/business-secretary-opens-latest-meeting-of-the-critical-minerals-expert-committee</a> .</p><p> </p><p>The Committee has met three times, and the latest meeting was opened by Business Secretary Kwasi Kwarteng on 28 January 2022.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 02/02/2022 16:41:50 answering member 1526 label Biography information for Greg Hands
tabling member	4651 label Biography information for Dan Carden

1417722

registered interest
date	28/01/2022
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	Horizon IT System: Compensation
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 his Department is taking to establish an appropriate compensation scheme for the 555 subpostmasters involved in the Group Litigation Order.
tabling member constituency	Barnsley East
tabling member printed	Stephanie Peacock
uin	113805
answer	answer is ministerial correction date of answer 02/02/2022 answer text <p>The 555 subposmasters involved in the Group Litigation Order (GLO) agreed a settlement of £42.75m plus costs. In bringing this case they performed a public service; I understand their frustration that they have received less compensation than others. My officials have recently met their representatives to understand the harms which they have experienced.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 02/02/2022 16:22:04 answering member 4414 label Biography information for Paul Scully
tabling member	4607 label Biography information for Stephanie Peacock