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100082

	registered interest
	date	21/10/2014
	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	UK Export Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance direct lending facility have been small and medium-sized enterprises in each of the last five years.
	tabling member constituency	Glasgow North
	tabling member printed	Ann McKechin
	uin	211319
	answer	answer is ministerial correction date of answer 28/10/2014 answer text <p>UK Export Finance’s direct lending facility was launched in 2013-14. It was recently amended to make it more readily accessible, and has recently completed its first deal.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 28/10/2014 16:01:54 answering member 4070 label Biography information for Matt Hancock
	tabling member	1419 label Biography information for Ann McKechin

100087

	registered interest
	date	21/10/2014
	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	UK Export Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance buyer credit facility of credit guarantee scheme have been small to medium sized enterprises in each of the last five years.
	tabling member constituency	Glasgow North
	tabling member printed	Ann McKechin
	uin	211335
	answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>The table below shows the proportion, expressed as a percentage, of small and medium-sized enterprises (SMEs) of the total number of exporters UK Export Finance (UKEF) has supported broken down by UKEF product for the last five financial full years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2009/10</p></td><td><p>2010/11</p></td><td><p>2011/12</p></td><td><p>2012/13</p></td><td><p>2013/14</p></td></tr><tr><td><p>Buyer Credit</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>11%</p></td><td><p>7%</p></td></tr><tr><td><p>Bond Support Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>67%</p></td><td><p>78%</p></td><td><p>91%</p></td></tr><tr><td><p>Export Insurance Policy</p></td><td><p>20%</p></td><td><p>75%</p></td><td><p>75%</p></td><td><p>54%</p></td><td><p>63%</p></td></tr><tr><td><p>Export Working Capital Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>0%</p></td><td><p>83%</p></td><td><p>100%</p></td></tr><tr><td><p>Letter of Credit Guarantee Scheme</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>50%</p></td></tr><tr><td><p>Supplier Credit Facility</p></td><td><p>0%</p></td><td><p>50%</p></td><td><p>29%</p></td><td><p>33%</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>*Products launched in 2011/12</p><p> </p><p> </p><p> </p><p>SMEs are defined by the EU as companies that have fewer than 250 employees, and either a turnover of less than €50m or a balance sheet total of less than €43m.</p><p> </p><p>Information on UKEFs Bond Support Scheme has been included given that it was introduced specifically to support to smaller exporters, especially SMEs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 211331 211332 211333 211334 question first answered 27/10/2014 14:39:54 answering member 4070 label Biography information for Matt Hancock previous answer version 24216 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
	tabling member	1419 label Biography information for Ann McKechin

100086

	registered interest
	date	21/10/2014
	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	UK Export Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance letter of credit guarantee scheme have been small to medium sized enterprises in each of the last five years.
	tabling member constituency	Glasgow North
	tabling member printed	Ann McKechin
	uin	211334
	answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>The table below shows the proportion, expressed as a percentage, of small and medium-sized enterprises (SMEs) of the total number of exporters UK Export Finance (UKEF) has supported broken down by UKEF product for the last five financial full years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2009/10</p></td><td><p>2010/11</p></td><td><p>2011/12</p></td><td><p>2012/13</p></td><td><p>2013/14</p></td></tr><tr><td><p>Buyer Credit</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>11%</p></td><td><p>7%</p></td></tr><tr><td><p>Bond Support Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>67%</p></td><td><p>78%</p></td><td><p>91%</p></td></tr><tr><td><p>Export Insurance Policy</p></td><td><p>20%</p></td><td><p>75%</p></td><td><p>75%</p></td><td><p>54%</p></td><td><p>63%</p></td></tr><tr><td><p>Export Working Capital Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>0%</p></td><td><p>83%</p></td><td><p>100%</p></td></tr><tr><td><p>Letter of Credit Guarantee Scheme</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>50%</p></td></tr><tr><td><p>Supplier Credit Facility</p></td><td><p>0%</p></td><td><p>50%</p></td><td><p>29%</p></td><td><p>33%</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>*Products launched in 2011/12</p><p> </p><p> </p><p> </p><p>SMEs are defined by the EU as companies that have fewer than 250 employees, and either a turnover of less than €50m or a balance sheet total of less than €43m.</p><p> </p><p>Information on UKEFs Bond Support Scheme has been included given that it was introduced specifically to support to smaller exporters, especially SMEs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 211331 211332 211333 211335 question first answered 27/10/2014 14:39:54 answering member 4070 label Biography information for Matt Hancock previous answer version 24215 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
	tabling member	1419 label Biography information for Ann McKechin

100085

	registered interest
	date	21/10/2014
	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	UK Export Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance supplier credit facility have been small to medium sized enterprises in each of the last five years.
	tabling member constituency	Glasgow North
	tabling member printed	Ann McKechin
	uin	211333
	answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>The table below shows the proportion, expressed as a percentage, of small and medium-sized enterprises (SMEs) of the total number of exporters UK Export Finance (UKEF) has supported broken down by UKEF product for the last five financial full years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2009/10</p></td><td><p>2010/11</p></td><td><p>2011/12</p></td><td><p>2012/13</p></td><td><p>2013/14</p></td></tr><tr><td><p>Buyer Credit</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>11%</p></td><td><p>7%</p></td></tr><tr><td><p>Bond Support Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>67%</p></td><td><p>78%</p></td><td><p>91%</p></td></tr><tr><td><p>Export Insurance Policy</p></td><td><p>20%</p></td><td><p>75%</p></td><td><p>75%</p></td><td><p>54%</p></td><td><p>63%</p></td></tr><tr><td><p>Export Working Capital Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>0%</p></td><td><p>83%</p></td><td><p>100%</p></td></tr><tr><td><p>Letter of Credit Guarantee Scheme</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>50%</p></td></tr><tr><td><p>Supplier Credit Facility</p></td><td><p>0%</p></td><td><p>50%</p></td><td><p>29%</p></td><td><p>33%</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>*Products launched in 2011/12</p><p> </p><p> </p><p> </p><p>SMEs are defined by the EU as companies that have fewer than 250 employees, and either a turnover of less than €50m or a balance sheet total of less than €43m.</p><p> </p><p>Information on UKEFs Bond Support Scheme has been included given that it was introduced specifically to support to smaller exporters, especially SMEs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 211331 211332 211334 211335 question first answered 27/10/2014 14:39:53 answering member 4070 label Biography information for Matt Hancock previous answer version 24213 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
	tabling member	1419 label Biography information for Ann McKechin

100083

	registered interest
	date	21/10/2014
	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	UK Export Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance export insurance scheme have been small to medium sized enterprises in each of the last five years.
	tabling member constituency	Glasgow North
	tabling member printed	Ann McKechin
	uin	211331
	answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>The table below shows the proportion, expressed as a percentage, of small and medium-sized enterprises (SMEs) of the total number of exporters UK Export Finance (UKEF) has supported broken down by UKEF product for the last five financial full years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2009/10</p></td><td><p>2010/11</p></td><td><p>2011/12</p></td><td><p>2012/13</p></td><td><p>2013/14</p></td></tr><tr><td><p>Buyer Credit</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>11%</p></td><td><p>7%</p></td></tr><tr><td><p>Bond Support Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>67%</p></td><td><p>78%</p></td><td><p>91%</p></td></tr><tr><td><p>Export Insurance Policy</p></td><td><p>20%</p></td><td><p>75%</p></td><td><p>75%</p></td><td><p>54%</p></td><td><p>63%</p></td></tr><tr><td><p>Export Working Capital Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>0%</p></td><td><p>83%</p></td><td><p>100%</p></td></tr><tr><td><p>Letter of Credit Guarantee Scheme</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>50%</p></td></tr><tr><td><p>Supplier Credit Facility</p></td><td><p>0%</p></td><td><p>50%</p></td><td><p>29%</p></td><td><p>33%</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>*Products launched in 2011/12</p><p> </p><p> </p><p> </p><p>SMEs are defined by the EU as companies that have fewer than 250 employees, and either a turnover of less than €50m or a balance sheet total of less than €43m.</p><p> </p><p>Information on UKEFs Bond Support Scheme has been included given that it was introduced specifically to support to smaller exporters, especially SMEs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 211332 211333 211334 211335 question first answered 27/10/2014 14:39:53 answering member 4070 label Biography information for Matt Hancock previous answer version 24212 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
	tabling member	1419 label Biography information for Ann McKechin

100084

	registered interest
	date	21/10/2014
	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	UK Export Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance export working capital scheme have been small to medium sized enterprises in each of the last five years.
	tabling member constituency	Glasgow North
	tabling member printed	Ann McKechin
	uin	211332
	answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>The table below shows the proportion, expressed as a percentage, of small and medium-sized enterprises (SMEs) of the total number of exporters UK Export Finance (UKEF) has supported broken down by UKEF product for the last five financial full years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2009/10</p></td><td><p>2010/11</p></td><td><p>2011/12</p></td><td><p>2012/13</p></td><td><p>2013/14</p></td></tr><tr><td><p>Buyer Credit</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>11%</p></td><td><p>7%</p></td></tr><tr><td><p>Bond Support Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>67%</p></td><td><p>78%</p></td><td><p>91%</p></td></tr><tr><td><p>Export Insurance Policy</p></td><td><p>20%</p></td><td><p>75%</p></td><td><p>75%</p></td><td><p>54%</p></td><td><p>63%</p></td></tr><tr><td><p>Export Working Capital Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>0%</p></td><td><p>83%</p></td><td><p>100%</p></td></tr><tr><td><p>Letter of Credit Guarantee Scheme</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>50%</p></td></tr><tr><td><p>Supplier Credit Facility</p></td><td><p>0%</p></td><td><p>50%</p></td><td><p>29%</p></td><td><p>33%</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>*Products launched in 2011/12</p><p> </p><p> </p><p> </p><p>SMEs are defined by the EU as companies that have fewer than 250 employees, and either a turnover of less than €50m or a balance sheet total of less than €43m.</p><p> </p><p>Information on UKEFs Bond Support Scheme has been included given that it was introduced specifically to support to smaller exporters, especially SMEs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 211331 211333 211334 211335 question first answered 27/10/2014 14:39:53 answering member 4070 label Biography information for Matt Hancock previous answer version 24211 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
	tabling member	1419 label Biography information for Ann McKechin

99779

	registered interest
	date	20/10/2014
	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	Interest Rate Hedging Products
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what recent discussions he has had with the Financial Conduct Authority on the interest rate swap redress scheme.
	tabling member constituency	Aberconwy
	tabling member printed	Guto Bebb
	uin	211066
	answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>We have asked the Chief Executive of the Financial Conduct Authority (FCA) for an assurance that redress offers which take the form of a substitute hedging product are only being offered where it is fair and reasonable to do so. In response, the FCA has said that robust oversight and challenge processes are in place to ensure that this is the case and that a replacement product offer can only be made if an independent reviewer is satisfied that there is sufficient evidence to support the decision.</p><p>In addition, my officials liaise regularly with the FCA to draw the regulator’s attention to swaps redress cases that have been raised with the department where we think this is justified.</p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 27/10/2014 14:15:56 answering member 4070 label Biography information for Matt Hancock
	tabling member	3910 label Biography information for Guto Bebb

93092

	registered interest
	date	14/10/2014
	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	Management
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, if the Government will take steps to implement the recommendations made in the report entitled Management 2020 by the All Party Parliamentary Group on Management and the Chartered Management Institute.
	tabling member constituency	North Antrim
	tabling member printed	Ian Paisley
	uin	210610
	answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>The Government recognise the value of young people having a hands-on experience of enterprise in schools, colleges and universities.</p><p> </p><p> </p><p> </p><p>The Department for Business, Innovation and Skills (BIS) has introduced a number of measures to help inspire young people and open up opportunities for future careers. For example, seed funding the launch of a new enterprise competition in primary schools, 'Fiver', in partnership with Young Enterprise and Virgin Money.</p><p> </p><p> </p><p> </p><p>Last year we asked Lord Young, the Prime Minister's advisor on enterprise, to look at what more could be done. His report, Enterprise for All, was published in June 2014 and makes a number of recommendations across all education sectors to encourage a lifelong experience of enterprise. The Government welcomed the report and will be responding in full this autumn.</p><p> </p><p>We are also recognising the excellent practice that already exists. For example, the Small Business Charter was set up this year to recognise business schools that work with students and local small businesses to promote enterprise.</p><p> </p><p> </p><p> </p><p>In addition, See Inside Manufacturing is a partnership between BIS and industry sectors that aims to inspire young people (aged 11-19 years) into manufacturing by dispelling outdated ideas of the industry, providing a more accurate picture of career prospects, and helping young people understand what they need to succeed in manufacturing. It does this by encouraging manufacturing businesses to open their doors and give students the chance to “see behind the scenes” of a modern manufacturing company. Last year 6,300 young people and their teachers attended events up and down the country, taking part in over 175 visits and events throughout the UK.</p><p> </p><p> </p><p> </p><p>Furthermore, the Government’s ambitious programme of reform for adult vocational education in England is based on instilling rigour in qualifications, teaching and testing and ensuring that skills provision is more responsive to the needs of employers and learners. As part of our reform of apprenticeships, new apprenticeship standards will be expected to meet professional registration requirements in sectors where these exist (for example, in engineering, science and accountancy). This will support the drive to improve the quality of apprenticeships and ensure that apprentices are trained to the level of professional competence required by employers and the sector they work in.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 27/10/2014 12:02:24 answering member 4070 label Biography information for Matt Hancock
	tabling member	4129 label Biography information for Ian Paisley

100300

	registered interest
	date	22/10/2014
	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	Exports: Ghana
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what exports from the UK were supported by UK Export Finance's loan guarantee for Mourne Ltd's Kotoka International Airport project in Ghana.
	tabling member constituency	Bassetlaw
	tabling member printed	John Mann
	uin	211503
	answer	answer is ministerial correction date of answer 28/10/2014 answer text <p>UK Export Finance is supporting Mourne Ltd’s contract in relation to the upgrade of Kotoka International Airport. UK exports supported include lighting, steel frames, drainage pipes, engineering and design services.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 28/10/2014 15:59:03 answering member 4070 label Biography information for Matt Hancock previous answer version 24562 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
	tabling member	1387 label Biography information for Lord Mann

99774

	registered interest
	date	20/10/2014
	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	New Businesses: Surrey
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, how many start-up loans have been granted to businesses in (a) Woking constituency and (b) Surrey to date.
	tabling member constituency	Woking
	tabling member printed	Jonathan Lord
	uin	211072
	answer	answer is ministerial correction date of answer 27/10/2014 answer text <p><strong> </strong></p><p> </p><table><tbody><tr><td><p><strong> </strong></p></td><td><p><strong>Woking Constituency</strong></p></td><td><p><strong>Surrey</strong></p></td></tr><tr><td><p><strong>Volume of drawn Start Up Loans</strong></p></td><td><p><strong>31 loans</strong></p></td><td><p><strong>223 loans</strong></p></td></tr></tbody></table><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 27/10/2014 14:46:19 answering member 4070 label Biography information for Matt Hancock
	tabling member	4090 label Biography information for Mr Jonathan Lord