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1128081

	registered interest
	date	22/05/2019
	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	Greybull Capital
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether they will undertake a review into the activities of Greybull Capital, in particular with regard to (1) Monarch Airlines, (2) British Steel, (3) issues of creditor preference, and (4) the completeness and accuracy of public statements made by Greybull Capital, its partners, and employees.
	tabling member printed	Lord Myners
	uin	HL15930
	answer	answer is ministerial correction date of answer 04/06/2019 answer text <p>The Official Receiver is under a statutory duty to investigate the cause of failure of any company in compulsory liquidation and generally its business, dealings and affairs, which will include any actions taken which have been detrimental to creditors or pension schemes, and will do so in the case of British Steel. He has a duty to report any potential misconduct of directors to my rt. hon. Friend the Secretary of State for Business, Energy and Industrial Strategy.</p><p>In the case of British Steel, the Secretary of State has written to the Insolvency Service, specifically requesting that the investigation not only looks at the conduct of the directors immediately prior to and at insolvency, but also at the investments made in the company (noting previous commitments given in this regard) and the potential value transferred out of the company.</p><p> </p> answering member printed Lord Henley question first answered 04/06/2019 16:04:07 answering member 2616 label Biography information for Lord Henley
	tabling member	3869 label Biography information for Lord Myners

1128082

	registered interest
	date	22/05/2019
	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	Industry: Disclosure of Information
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether they intend to commission a review of the legislation and regulatory practice governing whistleblowing in regulated industries to investigate (1) the effectiveness of current practices, (2) the adequacy of protections provided to whistleblowers, and (3) the adoption of policies to promote and safeguard whistleblowing.
	tabling member printed	Lord Myners
	uin	HL15931
	answer	answer is ministerial correction date of answer 04/06/2019 answer text <p>Over recent years, the Government has implemented statutory and non-statutory reforms to improve the whistleblowing framework in all sectors. This includes guidance for whistleblowers on how in practice to make disclosures while preserving their employment protections; and guidance for employers including a non-statutory code of practice.</p><p>We have fulfilled the commitment to keep the Prescribed Persons list up to date – these are individuals and bodies that a whistleblower can approach in order to make a disclosure. Guidance is in place for Prescribed Persons and we review the list annually.</p><p>The most recent reform was a new legislative requirement for most prescribed persons to produce an annual report on whistleblowing disclosures made to them by workers. Relevant prescribed persons were required to publish the first of these reports by the end of September 2018.</p><p>Whilst it is right and proper that Government reviews the whistleblowing framework, we believe that it would be premature to do so now. We need to allow the existing changes that we have introduced to embed and provide the necessary evidence of their impact over time that would support a meaningful review.</p> answering member printed Lord Henley question first answered 04/06/2019 16:04:50 answering member 2616 label Biography information for Lord Henley
	tabling member	3869 label Biography information for Lord Myners

1128092

	registered interest
	date	22/05/2019
	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: Prices
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what assessment they have made of the impact of the cost of energy bills on the rate of inflation; and what steps they are taking to improve price competition in the energy sector.
	tabling member printed	Lord Taylor of Warwick
	uin	HL15941
	answer	answer is ministerial correction date of answer 04/06/2019 answer text <p>The Office of National Statistics is responsible for publishing data on inflation rates and how household costs may impact inflation. The most recent update was published on 22 May.</p><p> </p><p>The government wants to see a dynamic and innovative energy market. We continue to work with Ofgem to improve competition, which in recent years has increased dramatically. There are now around 60 suppliers in the market compared with only 12 in 2010 offering consumers choice and value for money, so that switching supplier can save customers hundreds on their energy bills each year.</p> answering member printed Lord Henley question first answered 04/06/2019 16:05:12 answering member 2616 label Biography information for Lord Henley
	tabling member	1796 label Biography information for Lord Taylor of Warwick