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390647

registered interest
date	16/07/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Science: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, with reference to paragraph 8.3 of the document Fixing the foundations: creating a more prosperous nation, what areas and markets are of strategic importance and potential to the UK economy; and if he will make a statement.
tabling member constituency	Mid Sussex
tabling member printed	Sir Nicholas Soames
uin	7582
answer	answer is ministerial correction date of answer 21/07/2015 answer text <p>The Department for Business, Innovation and Skills works with its partners to ensure investments are directed to areas in which the UK excels and has potential to excel. UK Trade and Investment helps identify foreign markets of strategic importance. Innovate UK and the Catapult Centres work to commercialise new and emerging technologies in areas where there are significant global market opportunities and a critical mass of UK capability. Through the recently announced Science and Innovation Audits, the Government will work with universities, cities, Local Enterprise Partnerships and businesses to map strengths and identify potential areas of strategic focus for different areas.</p><p> </p> answering member constituency Orpington answering member printed Joseph Johnson question first answered 21/07/2015 15:29:55 answering member 4039 label Biography information for Lord Johnson of Marylebone
tabling member	116 label Biography information for Lord Soames of Fletching

390648

registered interest
date	16/07/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Business: Innovation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what steps he is taking to encourage greater business participation in the Horizon 2020 research and innovation framework programme; and if he will make a statement.
tabling member constituency	Mid Sussex
tabling member printed	Sir Nicholas Soames
uin	7566
answer	answer is ministerial correction date of answer 21/07/2015 answer text <p>My Department is working with Innovate UK to ensure that the best possible information and support is available for businesses that stand to gain from participation in the €79bn Horizon 2020 programme. Innovate UK’s support now includes National Contact Points providing advice to applicants and the Knowledge Transfer Network helping companies to identify suitable opportunities. The Catapult centres and other research and technology organisations also have an important role to play in helping build consortia and coordinate project applications.</p><p> </p> answering member constituency Orpington answering member printed Joseph Johnson question first answered 21/07/2015 15:31:06 answering member 4039 label Biography information for Lord Johnson of Marylebone
tabling member	116 label Biography information for Lord Soames of Fletching

390670

registered interest
date	16/07/2015
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pension Funds
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Work and Pensions, what the value is of UK pension fund (a) equity assets, (b) fixed income assets, (c) real estate assets, (d) private equity assets, (e) private equity assets (f) infrastructure assets, (g) hedge fund assets and (h) cash held in (i) the UK and (ii) overseas.
tabling member constituency	Mid Sussex
tabling member printed	Sir Nicholas Soames
uin	7580
answer	answer is ministerial correction date of answer 21/07/2015 answer text <p /> <p>The information requested is not available in the requested format.</p> answering member constituency North Swindon answering member printed Justin Tomlinson question first answered 21/07/2015 16:04:34 answering member 4105 label Biography information for Justin Tomlinson
tabling member	116 label Biography information for Lord Soames of Fletching

390671

registered interest
date	16/07/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Office of Tax Simplification
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what additional responsibilities he intends to give to the Office for Tax Simplification; and if he will make a statement.
tabling member constituency	Mid Sussex
tabling member printed	Sir Nicholas Soames
uin	7581
answer	answer is ministerial correction date of answer 21/07/2015 answer text <p>I refer the Rt. Hon member to the Written Ministerial Statement on the Office of Tax Simplification published on 21 July 2015</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 21/07/2015 13:49:29 answering member 1529 label Biography information for Mr David Gauke
tabling member	116 label Biography information for Lord Soames of Fletching

390672

registered interest
date	16/07/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Apprentices: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, at what level he intends to set the apprenticeship levy; and if he will make a statement.
tabling member constituency	Mid Sussex
tabling member printed	Sir Nicholas Soames
uin	7579
answer	answer is ministerial correction date of answer 21/07/2015 answer text <p>Employer investment in skills has been a problem since the 1990s. The new apprenticeship levy will mean that firms that are committed to training will be able to get back more than the put in. Further details will be set out at the spending review.</p><p> </p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 21/07/2015 16:05:26 answering member 1526 label Biography information for Greg Hands
tabling member	116 label Biography information for Lord Soames of Fletching

390673

registered interest
date	16/07/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Balance of Payments
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps he is taking to reduce the current account deficit; and if he will make a statement.
tabling member constituency	Mid Sussex
tabling member printed	Sir Nicholas Soames
uin	7624
answer	answer is ministerial correction date of answer 23/07/2015 answer text <p>Since 2010 UKTI has more than doubled the number of businesses it helps on an annual basis, whilst UKEF has provided £14.5bn of support for exports since 2010-11.The government’s productivity plan set out further steps to build stronger trading links with emerging markets, especially China, India and Brazil, and to mobilise the whole of government behind exporting, working alongside a more effective UKTI and better export finance. The government’s commitment to eliminate the budget deficit, combined with monetary activism, will also support a narrowing of the current account deficit.</p><p> </p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 23/07/2015 14:51:25 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	116 label Biography information for Lord Soames of Fletching

390676

registered interest
date	16/07/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Regional Planning and Development: North of England
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps he is taking to include cities in the North East in the Northern Powerhouse initiative; and if he will make a statement.
tabling member constituency	Mid Sussex
tabling member printed	Sir Nicholas Soames
uin	7614
answer	answer is ministerial correction date of answer 22/07/2015 answer text <p>The Government has made a firm commitment to our Northern Powerhouse initiative which is inclusive of the whole of the North of England and the North East. We have made a series of investments across transport, infrastructure, skills, and business enterprise, and detailed additional measures to support the region at Summer Budget. In addition, the Chancellor recently announced that the government has begun discussions with the North East Combined Authority on a potential devolution deal, including plans for creating a directly-elected mayor, in return for a transfer of powers to the region.</p><p> </p><p> </p><p> </p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 22/07/2015 14:59:47 answering member 1526 label Biography information for Greg Hands
tabling member	116 label Biography information for Lord Soames of Fletching

390677

registered interest
date	16/07/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Business: Loans
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps he is taking to improve competition in small and medium-sized enterprise bank lending; and if he will make a statement.
tabling member constituency	Mid Sussex
tabling member printed	Sir Nicholas Soames
uin	7615
answer	answer is ministerial correction date of answer 23/07/2015 answer text <p>The Government has driven a wide ranging programme of reforms to help Small and Medium Sized Enterprises to gain access to finance and to support competition in the SME lending market.</p><p> </p><p> </p><p> </p><p>The Government introduced the Current Account Switch Service which is a free-to-use service for customers that makes it easier, quicker and more reliable for customers to switch banks. At Budget 2015 the scheme was extended to include 99% of SMEs.</p><p> </p><p> </p><p> </p><p>This year the Government will lay final legislation requiring major UK banks both to share SME credit information with other lenders and to offer to share the details of SMEs rejected for a loan with online platforms that can match them to alternative finance providers. Alongside these reforms, the British Business Bank is increasing and diversifying the supply of finance available to SMEs, and aims to facilitate up to £10 billion of finance by 2019.</p><p> </p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 23/07/2015 14:50:40 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	116 label Biography information for Lord Soames of Fletching

390678

registered interest
date	16/07/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Banks: Licensing
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, which firms have relinquished a banking licence in the last 30 years.
tabling member constituency	Mid Sussex
tabling member printed	Sir Nicholas Soames
uin	7617
answer	answer is ministerial correction date of answer 23/07/2015 answer text <p>This is a matter for the Prudential Regulation Authority (PRA), which is operationally independent from Government.</p><p> </p><p> </p><p> </p><p>The question has been passed on to the PRA. The PRA will reply directly to the Member by letter. A copy of the letter will be placed in the Library of the House.</p><p> </p> answering member constituency West Worcestershire answering member printed Harriett Baldwin grouped question UIN 7642 question first answered 23/07/2015 14:49:19 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	116 label Biography information for Lord Soames of Fletching

390680

registered interest
date	16/07/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Apprentices: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many companies will be required to pay the apprenticeship levy; and if he will make a statement.
tabling member constituency	Mid Sussex
tabling member printed	Sir Nicholas Soames
uin	7551
answer	answer is ministerial correction date of answer 22/07/2015 answer text <p>Further details will be announced at the Spending Review following a formal engagement with business. Most importantly, firms that are committed to training will be able to get back more than they put in.</p><p> </p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 22/07/2015 15:11:45 answering member 1526 label Biography information for Greg Hands
tabling member	116 label Biography information for Lord Soames of Fletching