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431608

	registered interest
	date	23/11/2015
	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: Billing
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the effect of the Prompt Payment Code on (a) UK businesses in the FinTech sector and (b) other businesses.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	17357
	answer	answer is ministerial correction date of answer 30/11/2015 answer text <p>The Prompt Payment Code is a voluntary code which organisations from the public, private and third sector can sign up to. The Government monitors a variety of sources to monitor the level of late payment debt. We are not able to assess the direct effect of the Prompt Payment Code on any individual sector.</p><p>New transparency measures will allow us to monitor the payment performance of signatories. Through powers in the Small Business, Enterprise and Employment Act 2015 the Government will introduce a new reporting requirement on the UK’s largest companies – including many Code signatories - to report on their payment practices and performance. We plan to introduce this next year, and the Code will make full use of this new information. From next year small and medium-sized Code signatories will also report on their payment performance directly to the Code. Small and medium-sized companies will report, on an annual basis, on a comply or explain basis.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 30/11/2015 11:15:43 answering member 3938 label Biography information for Anna Soubry
	tabling member	1586 label Biography information for Adam Afriyie

435773

	registered interest
	date	07/12/2015
	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	Driverless Vehicles
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what progress has been made on pilot schemes of driverless cars.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	18898
	answer	answer is ministerial correction date of answer 14/12/2015 answer text <p>Following the Innovate UK competition, ‘Introducing Driverless Cars to UK roads’ in July last year three exciting world leading projects, UKAutodrive, Venturer and GATEway, are now underway and making good progress.</p><p>The Government-backed Milton Keynes driverless Pathfinder pods have been incorporated into the UKAutodrive project. They were demonstrated recently at the ITS World Congress in Bordeaux and attracted a great deal of international attention. Venturer, based in Bristol is delivering important insights around situational awareness, a key area for autonomous systems. The GATEway project will evaluate the integration and acceptance of automated vehicles in the real world.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 14/12/2015 11:26:07 answering member 3938 label Biography information for Anna Soubry
	tabling member	1586 label Biography information for Adam Afriyie

432171

	registered interest
	date	25/11/2015
	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	Further Education
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 24 November 2015 to Question 16786, what estimate he has made of the (a) total, (b) staffing and (c) resources cost of conducting area-based reviews of post-16 education and training institutions.
	tabling member constituency	Stockton North
	tabling member printed	Alex Cunningham
	uin	17719
	answer	answer is ministerial correction date of answer 09/12/2015 answer text <p>The Departments and their agencies will undertake this work with no additional staffing. Additional costs will be minimal. The Departments and agencies have re-prioritised from within existing resources to accommodate the additional work, including providing access to additional advice and support from further education and six form colleges Advisers.</p> answering member constituency Grantham and Stamford answering member printed Nick Boles question first answered 09/12/2015 10:37:31 answering member 3995 label Biography information for Nick Boles
	tabling member	4122 label Biography information for Alex Cunningham

435754

	registered interest
	date	07/12/2015
	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: UK Membership of EU
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the potential effect on businesses of the UK leaving the EU.
	tabling member constituency	Ashton-under-Lyne
	tabling member printed	Angela Rayner
	uin	19038
	answer	answer is ministerial correction date of answer 14/12/2015 answer text <p>The Government is focused on delivering a successful renegotiation: it believes Britain’s interests are best served by being part of a reformed European Union, if necessary changes can be agreed. The Government believes it can and will succeed in reforming and renegotiating our relationship with the EU and campaigning to keep the UK in the EU on that basis.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 14/12/2015 11:29:00 answering member 3938 label Biography information for Anna Soubry
	tabling member	4356 label Biography information for Angela Rayner

435756

	registered interest
	date	07/12/2015
	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	Iron and Steel: Manufacturing Industries
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the viability of the UK steel industry over the next 10 years.
	tabling member constituency	Ashton-under-Lyne
	tabling member printed	Angela Rayner
	uin	19051
	answer	answer is ministerial correction date of answer 14/12/2015 answer text <p>We have been working very closely with steel stakeholders to understand the needs of the sector both now and going forward. In addition, through the Competitiveness &amp; Productivity Steel Working Group we have commissioned an independent external report to identify the relative strengths and weaknesses of the UK steel industry, and consider how this could change over different time horizons. The outcomes will support the UK steel industry develop their strategic position moving forward, and clarify how the Government can best support the sector improve its competitiveness over the short, medium and long term.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 14/12/2015 11:34:30 answering member 3938 label Biography information for Anna Soubry
	tabling member	4356 label Biography information for Angela Rayner

435764

	registered interest
	date	07/12/2015
	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	Small Businesses: 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 estimate he has made of the number of small businesses which have received financial assistance from (a) peer-to-peer lenders and (b) other alternative funding sources.
	tabling member constituency	Ashton-under-Lyne
	tabling member printed	Angela Rayner
	uin	19014
	answer	answer is ministerial correction date of answer 14/12/2015 answer text <p>According to NESTA, peer-to-peer business lending in the UK grew at a rate of 250 per cent annually between 2012 and 2014. The Peer-to-Peer Finance Association publishes quarterly updates, which show net new lending of £251m in the third quarter of 2015 of which £91m was to small businesses. Although the number of businesses is not stated, Funding Circle (which accounts for £66m of the £91m net new lending) had 10,755 borrowers at the end of the quarter. The total is therefore likely to be close to 15,000.</p><p>Equity crowdfunded deal numbers and investment totals are less readily available. The British Business Bank cites market investment data recorded by Beauhurst which show that in the first half of 2014, £24m was raised across 101 crowdfunded equity investments. Using survey data, NESTA has produced a higher estimate of £31m for the same period and £84m for 2014 as a whole.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 14/12/2015 11:35:18 answering member 3938 label Biography information for Anna Soubry
	tabling member	4356 label Biography information for Angela Rayner

435766

	registered interest
	date	07/12/2015
	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	Green Investment Bank
	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 plans to take to ensure that the Green Investment Bank continues to pursue its principal objectives after privatisation.
	tabling member constituency	Ashton-under-Lyne
	tabling member printed	Angela Rayner
	uin	18961
	answer	answer is ministerial correction date of answer 14/12/2015 answer text <p>Green investment is what the Green Investment Bank (GIB) does and is where its value lies. It is clear from preliminary feedback that potential investors are interested in GIB precisely because of its unique green specialism and its existing forward business plan and pipeline of green projects. Investors will have sound commercial reasons to maintain GIB’s green focus and continue operating in accordance with its clearly stated green principles and highly transparent and robust green reporting practices.</p><p>As a key part of any sale discussions, potential investors will be asked to confirm their commitment to these values and to set out how they propose to protect them. We envisage this would involve new shareholders agreeing to:</p><p>• ensure GIB continues to invest in a way that achieves a positive green impact; and</p><p>• maintain GIB’s existing standards for reporting on its green investment performance as well as continue providing for independent assurance of this.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 14/12/2015 11:30:08 answering member 3938 label Biography information for Anna Soubry
	tabling member	4356 label Biography information for Angela Rayner

435767

	registered interest
	date	07/12/2015
	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	Internet: Small Businesses
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the proportion of small businesses which do not have an online presence.
	tabling member constituency	Ashton-under-Lyne
	tabling member printed	Angela Rayner
	uin	18962
	answer	answer is ministerial correction date of answer 15/12/2015 answer text <p>The Department for Business, Innovation and Skills 2014 Small Business Survey shows that 36% of all small businesses do not have a website. Further research on small businesses' digital capabilities was published on 9th September 2015. The Office for National Statistics also publishes information on businesses’ e-commerce and ICT activity. It should be noted that 46% of small businesses use social media.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 15/12/2015 11:38:25 answering member 3938 label Biography information for Anna Soubry
	tabling member	4356 label Biography information for Angela Rayner

436134

	registered interest
	date	08/12/2015
	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	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the potential effect on students of replacing maintenance grants with loans.
	tabling member constituency	Ashton-under-Lyne
	tabling member printed	Angela Rayner
	uin	19088
	answer	answer is ministerial correction date of answer 15/12/2015 answer text <p>The Government published an Equality Analysis on changes to student support on 3<sup>rd</sup> December. This can be found at the following link:</p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/482110/bis-15-639-student-finance-equality-analysis.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/482110/bis-15-639-student-finance-equality-analysis.pdf</a></p> answering member constituency Orpington answering member printed Joseph Johnson question first answered 15/12/2015 14:49:02 answering member 4039 label Biography information for Lord Johnson of Marylebone
	tabling member	4356 label Biography information for Angela Rayner

428852

	registered interest
	date	17/11/2015
	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	Arts: Higher Education
	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 cutting the funding at higher education level of arts subjects on (1) the choice available to students, and (2) the creative industries.
	tabling member printed	Baroness Afshar
	uin	HL3575
	answer	answer is ministerial correction date of answer 30/11/2015 answer text <p>As with other degrees, since 2012, Higher Education Institutions with an Access Agreement approved by the Office for Fair Access have been able to charge up to £9,000 a year for an arts degree. This funding comes via student loans and universities compete on quality and their offer to students. The Government also supports specialist institutions such as art and music colleges through the Higher Education Funding Council for England’s Institution-specific Funding.</p><br /><p>We value the creative industries which is why we support them through these and other policies. We are working with industry to take forward the recommendations in <em>*CreateUK</em>, the strategy for the sector developed by industry members of the Creative Industries Council.</p><br /> answering member printed Baroness Evans of Bowes Park question first answered 30/11/2015 12:48:05 answering member 4329 label Biography information for Baroness Evans of Bowes Park
	tabling member	3847 label Biography information for Baroness Afshar