Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed question first answered answering member label
tabling member	label

Search

833934

	registered interest
	date	30/01/2018
	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	Carillion
	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 his oral contribution of 30 January 2018, on Carillion, when he plans to apply the lessons on the need for project bank accounts.
	tabling member constituency	Sefton Central
	tabling member printed	Bill Esterson
	uin	125692
	answer	answer is ministerial correction date of answer 02/02/2018 answer text <p>My rt. hon. Friend the Secretary of State and I have set up a Taskforce with industry and unions to advise and help Government to mitigate the impacts of Carillion’s insolvency. Our priority, at this stage, is focusing on the supply chain and their employees. Wider lessons from this insolvency will be learned in due course taking account of the findings of enquiries by the Insolvency Service, Financial Reporting Council, Financial Conduct Authority and several Select Committees.</p><p> </p><p>The Government Construction Strategy committed government departments to use Project Bank Accounts for their projects unless there are compelling reasons not to do so. Since 2011, there has been over £10 billion in cumulative committed spend through PBAs. We are committed to improving payment practices. Our consultation on the contractual practice of cash retention, alongside, a parallel consultation on the effectiveness of the 2011 changes to the “Construction Act” closed on 19 January 2018. We are now considering the responses to the consultation including those referring to the use of Project Bank Accounts.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 02/02/2018 14:12:18 answering member 3936 label Biography information for Andrew Griffiths
	tabling member	4061 label Biography information for Bill Esterson

833936

	registered interest
	date	30/01/2018
	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	Bank Services: Small Businesses
	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 his oral contribution of 30 January 2018, on Carillion, what steps he plans to take to ensure the banks meet the commitments they made on financial support for small business suppliers to Carillion.
	tabling member constituency	Sefton Central
	tabling member printed	Bill Esterson
	uin	125694
	answer	answer is ministerial correction date of answer 02/02/2018 answer text <p>UK Finance have made it clear that the High Street Lenders are contacting customers and are prepared to have emergency measures, including overdraft extensions, payment holidays and fee waivers in place as long as needed to support the small business suppliers to Carillion.</p><p>Details about the financial support committed by high street lenders can be found at: <a href="https://www.ukfinance.org.uk/banks-offer-support-to-business-customers-impacted-by-carillion/" target="_blank">https://www.ukfinance.org.uk/banks-offer-support-to-business-customers-impacted-by-carillion/</a></p><p>BEIS officials and I are in regular contact with UK Finance.</p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 02/02/2018 14:29:43 answering member 3936 label Biography information for Andrew Griffiths
	tabling member	4061 label Biography information for Bill Esterson

833938

	registered interest
	date	30/01/2018
	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	Managers: 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, with reference to the oral contribution of the Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy of 30 January 2018, on executive pay, whether he has plans to restrict the level of executive pay in FTSE 100 companies through government procurement rules.
	tabling member constituency	Sefton Central
	tabling member printed	Bill Esterson
	uin	125696
	answer	answer is ministerial correction date of answer 02/02/2018 answer text <p>What quoted companies pay their directors is ultimately a matter for their shareholders, who have a binding vote on the remuneration policy determining executive pay. However, the Government intends to introduce new measures to increase accountability and transparency in executive pay, as part of the corporate governance reforms announced in August 2017.</p><p>These include a new statutory requirement on quoted companies to disclose and explain each year the ratio of their Chief Executive Officer’s total annual remuneration to the average annual remuneration of the company’s UK employees. Companies will also be required to track and explain changes to the ratio over time, and explain how the ratio relates to pay, reward and progression policies for the company’s employees as a whole.</p><p>The Government is additionally introducing a new statutory requirement for quoted companies to set out clearly and publicly the impact of share price changes on complex, long-term incentive schemes.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 02/02/2018 14:10:50 answering member 3936 label Biography information for Andrew Griffiths
	tabling member	4061 label Biography information for Bill Esterson

833940

	registered interest
	date	30/01/2018
	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	Agency Workers: Equal 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, with reference to the Oral contribution of the Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy of 30 January 2018, on Agency Workers, official report column 670, whether he plans to abolish the Swedish derogation on agency workers.
	tabling member constituency	Sefton Central
	tabling member printed	Bill Esterson
	uin	125698
	answer	answer is ministerial correction date of answer 05/02/2018 answer text <p>The Government wants to ensure that our labour markets work for everyone. That was why my Rt hon Friend the Prime Minister asked Matthew Taylor to carry out an independent review on modern working practices. The Government is considering the issues that the review has raised, including rules governing the use of agency workers and the use of pay between assignment contracts. ​The review is comprehensive and detailed, and we have been giving the report the careful consideration it deserves. We will respond shortly.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 05/02/2018 10:48:11 answering member 3936 label Biography information for Andrew Griffiths
	tabling member	4061 label Biography information for Bill Esterson

834044

	registered interest
	date	30/01/2018
	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	Carillion
	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 30 January 2018 of the Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy of Andrew Griffiths, on Carillion, what timetable is for the Carillion taskforce to publish its findings.
	tabling member constituency	Sefton Central
	tabling member printed	Bill Esterson
	uin	125801
	answer	answer is ministerial correction date of answer 02/02/2018 answer text <p>The Taskforce has a key role in informing and shaping the Government’s response to the company’s liquidation but it is not a review group and will not publish findings. The Taskforce is working to mitigate impacts on the small business supply chain, to support employees and apprenticeships find new employment and for the Taskforce members to help disseminate useful information to their respective shareholders. This has already led to useful collaborations, in particular in relation to work to ensure a swift transaction of construction contracts from Carillion to new contractors to minimise disruptions.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 02/02/2018 14:11:49 answering member 3936 label Biography information for Andrew Griffiths
	tabling member	4061 label Biography information for Bill Esterson