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1358409
registered interest false more like this
date less than 2021-10-04more like thismore than 2021-10-04
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Cornwall and Isles of Scilly Local Enterprise Partnership more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what plans they have, if any, to abolish the Cornwall and Isles of Scilly Local Enterprise Partnership; if they have such plans, to which body the Partnership's responsibilities would be transferred; and where it would be based. more like this
tabling member printed
Lord Myners more like this
uin HL2860 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-10-18more like thismore than 2021-10-18
answer text <p>The Government is hugely grateful for the work LEPs have done over the last ten years to support their local economies, including through the Local Growth Fund, Growth Hubs and giving valuable insight to local and national government. Earlier this year the Budget set out significant changes to the way local growth investments are supported, decentralising power and working more directly with local government across the United Kingdom. A review of the LEP was announced at the Spring Budget with the intention to state the Government’s plans around the role of LEPs in the forthcoming White Paper and at the Spending Review.</p> more like this
answering member printed Lord Callanan more like this
question first answered
less than 2021-10-18T14:36:50.4Zmore like thismore than 2021-10-18T14:36:50.4Z
answering member
4336
label Biography information for Lord Callanan more like this
tabling member
3869
label Biography information for Lord Myners remove filter
1358410
registered interest false more like this
date less than 2021-10-04more like thismore than 2021-10-04
answering body
Department for Levelling Up, Housing and Communities more like this
answering dept id 211 more like this
answering dept short name Levelling Up, Housing and Communities more like this
answering dept sort name Levelling Up, Housing and Communities more like this
hansard heading Regional Planning and Development more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what quantitative measure or measures they will use to determine the success of their levelling up policies. more like this
tabling member printed
Lord Myners more like this
uin HL2861 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-10-18more like thismore than 2021-10-18
answer text <p>Levelling up is at the heart of the Government’s agenda to build back better after the pandemic and deliver for the people of the UK. The Government will publish a White Paper in due course that will set out our plans in more detail.</p> more like this
answering member printed Lord Greenhalgh more like this
question first answered
less than 2021-10-18T14:40:15.953Zmore like thismore than 2021-10-18T14:40:15.953Z
answering member
4877
label Biography information for Lord Greenhalgh more like this
tabling member
3869
label Biography information for Lord Myners remove filter
1314987
registered interest false more like this
date less than 2021-05-17more like thismore than 2021-05-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Wyelands Bank more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether they plan to hold an inquiry into (1) the granting of a banking licence to Wyelands Bank, and (2) its subsequent supervision by the Prudential Regulation Authority. more like this
tabling member printed
Lord Myners more like this
uin HL292 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-05-27more like thismore than 2021-05-27
answer text <p>Since the financial crisis, we have implemented sweeping reforms to financial regulation. Through the Financial Services Act 2012, we dismantled the failed tripartite system, and replaced it with a set of regulators with clear objectives and responsibilities, with the Prudential Regulation Authority (PRA) responsible for the prudential supervision of the UK banking sector, and the Financial Conduct Authority (FCA) for ensuring proper conduct in line with UK financial regulations.</p><p>Wyelands Bank remains authorised by the PRA and regulated by the PRA and the FCA; however, as shown on the Financial Services Register, its permission to perform regulated activities is subject to limitations.</p><p>Although HM Treasury does not comment on supervisory matters, we continuously monitor risks across the financial sector and escalate our response where appropriate in coordination with the independent financial authorities – the FCA, PRA and Bank of England – as well as relevant government departments.</p><p> </p><p> </p>
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2021-05-27T14:55:29.867Zmore like thismore than 2021-05-27T14:55:29.867Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
3869
label Biography information for Lord Myners remove filter
1315023
registered interest false more like this
date less than 2021-05-17more like thismore than 2021-05-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Covid Corporate Financing Facility more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether will release the proposal sent by the Treasury to supply chain financiers to be incorporated in the Covid Corporate Financing Facility fund, as referred to by Rt Hon David Cameron in evidence to the House of Commons Treasury Select Committee on 13 May. more like this
tabling member printed
Lord Myners more like this
uin HL293 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-05-27more like thismore than 2021-05-27
answer text HM Treasury has provided both the call for evidence document which it circulated seeking views on a potential adjustment to the CCFF for supply chain finance and the feedback statement provided after the consultation closed to the Treasury Committee, and they have been published here:<p> </p><p><a href="https://committees.parliament.uk/publications/5758/documents/66074/default/" target="_blank">https://committees.parliament.uk/publications/5758/documents/66074/default/</a></p> more like this
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2021-05-27T15:02:39.943Zmore like thismore than 2021-05-27T15:02:39.943Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
3869
label Biography information for Lord Myners remove filter
1314207
registered interest false more like this
date less than 2021-05-12more like thismore than 2021-05-12
answering body
Cabinet Office more like this
answering dept id 53 more like this
answering dept short name Cabinet Office more like this
answering dept sort name Cabinet Office more like this
hansard heading Greensill: David Cameron more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government, further to the Written Answer by Lord True on 29 April (HL15167), whether they will now answer the question put, namely, further to the summary report published by the Registrar of Consultant Lobbyists on 26 March following its investigation into Rt Hon David Cameron, whether the Registrar had sight of any contract of employment between Mr Cameron and Greensill companies; and whether (1) any such contracts, or (2) related job descriptions, made any reference to lobbying duties. more like this
tabling member printed
Lord Myners more like this
uin HL179 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-05-25more like thismore than 2021-05-25
answer text <p>As outlined in my response on 29 April, the Registrar of Consultant Lobbyists is a statutory independent office holder responsible for maintaining the lobbying register. The Registrar's investigations and decisions must be made independently of the Government.</p><p>Details of the Registrar’s investigations are published on the website of the Office of the Registrar of Consultant Lobbyists at <a href="https://registrarofconsultantlobbyists.org.uk/" target="_blank">https://registrarofconsultantlobbyists.org.uk</a> and his Office can be contacted at <a href="mailto:enquiries@orcl.gov.uk" target="_blank">enquiries@orcl.gov.uk</a>.</p><p> </p> more like this
answering member printed Lord True more like this
question first answered
less than 2021-05-25T16:33:16.06Zmore like thismore than 2021-05-25T16:33:16.06Z
answering member
4200
label Biography information for Lord True more like this
tabling member
3869
label Biography information for Lord Myners remove filter
1314208
registered interest false more like this
date less than 2021-05-12more like thismore than 2021-05-12
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Greensill: Coronavirus Business Interruption Loan Scheme more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government, further to their obligations under the European Commission's State Aid Transparency Award Module, whether they plan to publish details of (1) the identity of borrowers, (2) the amounts advanced, and (3) the date of the advances from Greensill Capital, made under the Coronavirus Business Interruption Loan Scheme; and if not, why not. more like this
tabling member printed
Lord Myners more like this
uin HL180 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-05-26more like thismore than 2021-05-26
answer text <p>Details of facilities made available under the Coronavirus Business Interruption Loan Scheme will be published where required on the European Commission’s Transparency Aid Module. Further information can be found on the British Business Bank’s website.</p> more like this
answering member printed Lord Callanan more like this
question first answered
less than 2021-05-26T15:27:41.157Zmore like thismore than 2021-05-26T15:27:41.157Z
answering member
4336
label Biography information for Lord Callanan more like this
tabling member
3869
label Biography information for Lord Myners remove filter
1314209
registered interest false more like this
date less than 2021-05-12more like thismore than 2021-05-12
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Greensill: Coronavirus Business Interruption Loan Scheme more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government, further to the Written Answer by Lord Callanan on 27 April (HL14881), whether they will now answer the question put, namely,  how much they have paid or are obliged to pay Greensill Capital in year one interest payments made under the Coronavirus Business Interruption Loan Scheme; what percentage by number and value of such loans extended by Greensill Capital involve higher interest rates than from the average of lenders; and what is the number and value of loans where the interest rate exceeded 14.9 per cent. more like this
tabling member printed
Lord Myners more like this
uin HL181 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-05-26more like thismore than 2021-05-26
answer text <p>Recipients of any Coronavirus Business Interruption Loan Scheme (CBILS) loans made by any lender are entitled to apply for business interruption payments from the Government which cover the interest and any lender-levied fees in the first 12 months of any CBILS facility.</p><p> </p><p>We are unable to provide of a breakdown of CBILS data by lender as this is commercially sensitive for lenders and borrowers. However, data on individual loans will be published where required on the European Commission’s Transparency Aid Module, in due course.</p> more like this
answering member printed Lord Callanan more like this
question first answered
less than 2021-05-26T15:16:19.263Zmore like thismore than 2021-05-26T15:16:19.263Z
answering member
4336
label Biography information for Lord Callanan more like this
tabling member
3869
label Biography information for Lord Myners remove filter
1314210
registered interest false more like this
date less than 2021-05-12more like thismore than 2021-05-12
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Greensill: Coronavirus Business Interruption Loan Scheme more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government, further to the Written Answer by Lord Callanan on 28 April (HL15066), whether they will now answer the question put, namely, how quickly after accreditation Greensill Capital disbursed Coronavirus Business Interruption Loan Scheme funds. more like this
tabling member printed
Lord Myners more like this
uin HL182 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-05-26more like thismore than 2021-05-26
answer text <p>Greensill Capital were approved by the British Business Bank in June last year to provide finance through the Coronavirus Business Interruption Loan Scheme (CBILS), based on criteria set out in the CBILS “Request for Proposals”.</p><p> </p><p>The British Business Bank is currently undertaking an investigation into Greensill’s lending under the Covid schemes and as such it would not be appropriate to comment on its lending at this time.</p><p> </p><p>While the Bank investigates Greensill’s position, it remains an accredited lender for CBILS, although it has not been able to originate new lending since October 2020.</p> more like this
answering member printed Lord Callanan more like this
question first answered
less than 2021-05-26T15:15:24.86Zmore like thismore than 2021-05-26T15:15:24.86Z
answering member
4336
label Biography information for Lord Callanan more like this
tabling member
3869
label Biography information for Lord Myners remove filter
1314211
registered interest false more like this
date less than 2021-05-12more like thismore than 2021-05-12
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Greensill: Coronavirus Business Interruption Loan Scheme more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government, further to the Written Answer by Lord Callanan on 29 April (HL15063), what assessment they have made of the impact of the publication by the Bank of England of a Written Submission to the House of Commons Treasury Select Committee which refers to its communications with German Financial Regulators in the matter of Greensill Bank and Greensill Capital on the accuracy of the Written Answer. more like this
tabling member printed
Lord Myners more like this
uin HL183 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-05-26more like thismore than 2021-05-26
answer text <p>I refer the Noble Lord to the answer I gave him on 29 April 2021 to Question HL15063.</p> more like this
answering member printed Lord Callanan more like this
question first answered
less than 2021-05-26T15:15:00.417Zmore like thismore than 2021-05-26T15:15:00.417Z
answering member
4336
label Biography information for Lord Callanan more like this
tabling member
3869
label Biography information for Lord Myners remove filter
1311974
registered interest false more like this
date less than 2021-04-26more like thismore than 2021-04-26
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Interest Rates more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government which department or agency is responsible for managing the sensitivity of (1) public accounts, and (2) expenditure, to interest rate movements. more like this
tabling member printed
Lord Myners more like this
uin HL15255 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-04-29more like thismore than 2021-04-29
answer text <p>As the government’s economic and finance ministry, HM Treasury is responsible for maintaining control over public spending, including debt interest expenditure. The Office for Budget Responsibility publish estimates of the sensitivity of debt interest spending to changes in interest rates in their Economic and Fiscal Outlook. We have strong independent economic institutions and a well-established macroeconomic framework that ensures we are well placed to deal with risks to our public finances.</p> more like this
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2021-04-29T11:48:40.46Zmore like thismore than 2021-04-29T11:48:40.46Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
3869
label Biography information for Lord Myners remove filter