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1138562
unstar this property registered interest false more like this
star this property date less than 2019-07-11more like thismore than 2019-07-11
star this property answering body
The Senior Deputy Speaker more like this
star this property answering dept id 204 more like this
unstar this property answering dept short name
star this property answering dept sort name Senior Deputy Speaker (HoL) more like this
star this property hansard heading House of Lords: Electric Vehicles more like this
star this property house id 2 remove filter
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask the Senior Deputy Speaker what plans they have, if any, to enable the charging of electric vehicles in the House of Lords carpark. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL17120 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-07-24more like thismore than 2019-07-24
star this property answer text <p>The Senior Deputy Speaker has asked me, as Chairman of the Services Committee, to respond on his behalf.</p><p>The Services Committee considered the possibility of introducing electric vehicle charging (EVC) points at its meeting on 14 March 2019. The Committee declined to agree a proposal to introduce EVC points to the House of Lords. Although the Committee recognised the benefits, it did not believe it was the appropriate time to implement the scheme.</p><p>Amongst other factors, the Committee considered the location and impact of the EVC points, the longevity of the proposed installation of charging points, which risked being decommissioned when Restoration and Renewal commenced, the need for a long term vision for EVC across the Estate, and concerns that the proposal did not provide value for money.</p> more like this
star this property answering member printed Lord Laming more like this
star this property question first answered
less than 2019-07-24T12:06:37.113Zmore like thismore than 2019-07-24T12:06:37.113Z
unstar this property answering member
2079
star this property label Biography information for Lord Laming more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
1146330
unstar this property registered interest false more like this
star this property date less than 2019-09-25more like thismore than 2019-09-25
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading British Business Bank: Crowdfunding more like this
star this property house id 2 remove filter
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government whether the British Business Bank independently vets every loan it makes through peer-to-peer lending platforms and similar agencies or relies on such platforms for conducting due diligence. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL17825 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-10-08more like thismore than 2019-10-08
star this property answer text <p>The British Business Bank operates indirectly through various delivery partners. Individual lending and investment decisions are fully delegated to these delivery partners.</p><p> </p><p>The British Business Bank has a thorough delivery partner selection process, which includes robust due diligence. British Business Bank also monitors existing delivery partners and their performance against contractual requirements or Service Level Agreements.</p> more like this
star this property answering member printed Lord Duncan of Springbank more like this
star this property question first answered
less than 2019-10-08T14:42:07.157Zmore like thismore than 2019-10-08T14:42:07.157Z
unstar this property answering member
4686
star this property label Biography information for Lord Duncan of Springbank more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
1149752
unstar this property registered interest false more like this
star this property date less than 2019-10-14more like thismore than 2019-10-14
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Thomas Cook: Insolvency more like this
star this property house id 2 remove filter
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of the actions of financial and other advisers to Thomas Cook Group in seeking the payment of fees before the Group collapsed; what plans they have, if any, to launch an investigation into such actions; and whether such an investigation will examine whether these actions constituted an act of fraudulent preference to the disadvantage of UK taxpayers. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL45 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-10-28more like thismore than 2019-10-28
star this property answer text <p>The Business Secretary has written to the Insolvency Service to ask them to prioritize and fast-track their investigation into the circumstances surrounding Thomas Cook going into liquidation.</p><p> </p><p>Under the Insolvency Act 1986, the Official Receiver as liquidator may seek to overturn a range of transactions made prior to the liquidation, for example where preference payments have been made to a creditor/s or where a transaction is to the detriment of creditors.</p> more like this
star this property answering member printed Lord Duncan of Springbank more like this
star this property question first answered
less than 2019-10-28T12:45:47.437Zmore like thismore than 2019-10-28T12:45:47.437Z
unstar this property answering member
4686
star this property label Biography information for Lord Duncan of Springbank more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
1149755
unstar this property registered interest false more like this
star this property date less than 2019-10-14more like thismore than 2019-10-14
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading British Business Bank more like this
star this property house id 2 remove filter
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what proportion of loans made by the British Business Bank and sourced from peer-to-peer platforms have defaulted. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL48 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-10-28more like thismore than 2019-10-28
star this property answer text <p>Since 2014, the British Business Bank has invested over £2.18bn via peer-to-peer platforms, benefitting over 19,617 SMEs (as at March 2019).</p><p>The default rate in the British Business Bank’s peer-to-peer platform investments is commercially sensitive information.</p> more like this
star this property answering member printed Lord Duncan of Springbank more like this
star this property question first answered
less than 2019-10-28T12:47:11.723Zmore like thismore than 2019-10-28T12:47:11.723Z
unstar this property answering member
4686
star this property label Biography information for Lord Duncan of Springbank more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
1171817
unstar this property registered interest false more like this
star this property date less than 2020-01-20more like thismore than 2020-01-20
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property house id 2 remove filter
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government, further to the Written Answer by Lord Duncan of Springbank on 28 October 2019 (HL48), whether the decision to classify the default rate of loans made by the British Business Bank via peer-to-peer platforms as commercially sensitive information was to protect (1) the British Business Bank, or (2) the identify of borrowers; and if it was to protect the identity of borrowers, whether they will publish the aggregate value of (a) defaulted, and (b) provisional, loans through peer-to-peer platforms for each of the last three financial years. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL579 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-01-28more like thismore than 2020-01-28
star this property answer text <p>Data provided to the British Business Bank (BBB) by its delivery partners to meet portfolio monitoring and reporting requirements remains commercially sensitive to the delivery partners and as such is governed by confidentiality agreements. An individual delivery partner may choose to publish data on the overall performance of their loan book, which may include but will not be limited to BBB backed investments. A list of BBB’s delivery partners can be found on their website.</p><p> </p><p>The BBB’s Annual Report and Accounts (“Enabling Small Businesses to Grow and Prosper”) includes information on the BBB’s overall performance and is available on the website</p> more like this
star this property answering member printed Lord Duncan of Springbank more like this
star this property question first answered
less than 2020-01-28T15:47:32.57Zmore like thismore than 2020-01-28T15:47:32.57Z
unstar this property answering member
4686
star this property label Biography information for Lord Duncan of Springbank more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
1175265
unstar this property registered interest false more like this
star this property date less than 2020-01-22more like thismore than 2020-01-22
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Small Businesses: Loans more like this
star this property house id 2 remove filter
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text Her Majesty's Government what plans they have to address the regional disparities in small business lending, as reported in The Times on 21 January. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL710 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-02-03more like thismore than 2020-02-03
star this property answer text <p>The Government is committed to levelling up across the whole country so that businesses can access the funding they need to thrive wherever they are.</p><p> </p><p>The British Business Bank (BBB) is a government-owned economic development bank which helps to drive economic growth by making finance markets work better for small businesses, enabling them to prosper and grow. Since BBB was established in 2014, it has supported over £7 billion of finance to over 91,000 SMEs across the UK (as at June 2019) and continues to grow. The stock of finance supported by the bank grew by 31% year on year (from June 2018 to June 2019).</p><p> </p><p>BBB’s Start Up Loans programme has so far provided 69,201 loans worth over £558m to small businesses (at end-December 2019) and has delivered loans in every parliamentary constituency in the UK.</p><p> </p><p> </p><p>BBB has introduced specific funds and activities to help address regional disparities in access to finance, which are having an increasingly significant impact. These have equity and debt finance components, with the balance of debt to equity set according to the specific needs of the businesses in those regions.</p><p> </p><p>The funds include:</p><ul><li>The Northern Powerhouse Investment Fund (NPIF) which has invested over £140m of an overall £400m fund in over 500 ambitious SMEs across the Northern Powerhouse region, in deals that have attracted an additional £140m of investment from the private sector (as of Nov 2019). £80.6m of NPIF so far has been made in debt finance to 474 businesses;</li><li>The Midlands Engine Investment Fund (MEIF) which has invested over £48 million of an overall £250m fund in over 200 businesses, in deals that have attracted an additional £27m of investment from the private sector (as of Nov 2019). £23.9m of MEIF so far has been in debt finance to 177 businesses.</li></ul><p> </p><p>For equity investment, the BBB also has a £100m Regional Angels Programme, which is designed to help reduce regional imbalances in access to early stage equity finance for smaller businesses across the UK (launched in October 2018 by British Business Investments, a commercial subsidiary of the British Business Bank). In September 2019, the first £10m commitment through the programme was made to one of the largest business angel networks in the North of England which primarily operates in the North West, Yorkshire and the North East with more commitments to be announced in the coming year.</p><p> </p><p>The UK Network, established in early 2019 by the British Business Bank is a UK-wide network of relationship managers which will continue to enhance and further build BBB’s relationships with key SME access to finance stakeholders across the UK and thereby help tackle regional imbalances in access to finance, including for smaller businesses seeking debt finance at all stages of their development.</p>
star this property answering member printed Lord Duncan of Springbank more like this
star this property question first answered
less than 2020-02-03T17:13:10.597Zmore like thismore than 2020-02-03T17:13:10.597Z
unstar this property answering member
4686
star this property label Biography information for Lord Duncan of Springbank more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
1177905
unstar this property registered interest false more like this
star this property date less than 2020-02-11more like thismore than 2020-02-11
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Crowdfunding more like this
star this property house id 2 remove filter
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government, further to the Written Answer by Lord Duncan of Springbank on 28 January (HL579), whether the confidentiality agreements cover the aggregation of data for a number of unidentified peer-to-peer platforms; whether the same wording is included in all agreements with peer-to-peer platforms; and whether this wording is proposed by the Government or the peer-to-peer lender. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL1528 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-02-24more like thismore than 2020-02-24
star this property answer text <p>Confidentiality agreements between the British Business Bank and peer-to-peer lenders do not deal with aggregated data relating to multiple different platforms. The British Business Bank does not aggregate peer-to-peer data from different platforms for reporting purposes. Given the very small number of peer-to-peer platforms we invest in, we could not publish aggregate default rates without compromising confidentiality in relation to individual platforms. In keeping with our commercial approach, we do however continually monitor the market and carry out extensive due diligence on any peer-to-peer lender before entering any commercial agreement with them. Once an arrangement is in place, we receive regular data on the performance of our loan book to ensure that this is in line with the contractual expectations we have made with them.</p><p> </p><p>Different confidentiality agreements between the Bank and peer-to-peer delivery partners do not contain the same wording. The wording of each individual agreement is agreed jointly by the British Business Bank and the individual peer-to-peer lender, but they reflect delivery partner expectations, as is standard in the market.</p>
star this property answering member printed Lord Callanan more like this
star this property question first answered
less than 2020-02-24T15:01:48.36Zmore like thismore than 2020-02-24T15:01:48.36Z
unstar this property answering member
4336
star this property label Biography information for Lord Callanan more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
1138560
unstar this property registered interest false more like this
star this property date less than 2019-07-11more like thismore than 2019-07-11
star this property answering body
Department for Transport more like this
star this property answering dept id 27 more like this
unstar this property answering dept short name Transport more like this
star this property answering dept sort name Transport more like this
star this property hansard heading Electric Vehicles more like this
star this property house id 2 remove filter
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what steps they are taking to promote the use of electric vehicles. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL17118 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-07-23more like thismore than 2019-07-23
star this property answer text <p>The Government’s mission is to put the UK at the forefront of the design and manufacturing of zero emission vehicles, and for all new cars and vans to be effectively zero emission by 2040.</p><p> </p><p>The Road to Zero Strategy sets out a clear pathway to zero emissions. By 2030 we want at least half of new cars sold, and as many as 70%, to be ultra low emission, alongside up to 40% of new vans. To achieve this, we are investing nearly £1.5bn‎ between April 2015 and March 2021, with grants available for plug in vehicles, and schemes to support charge point infrastructure at homes and workplaces and on residential streets. We have also put in place a favourable tax regime that rewards the cleanest vehicles.</p><p> </p><p>To accelerate the shift to zero emission cars, all zero emission models will pay no company car tax in 2020-21; 1% in 2021-22 before returning to the planned 2% rate in 2022-23 – a significant tax saving for employees and employers. This adds up to one of the most comprehensive support packages in the world for the transition to zero emission vehicles.</p><p> </p><p>The Government has been supporting vehicle manufacturers, technology companies and academia in delivering a major programme of R&amp;D into cleaner vehicle technologies. For example, we announced nearly £40m investment in 12 projects to support innovation in wireless and on-street charging technology to encourage uptake of electric vehicles.</p><p> </p><p>The Prime Minister announced that we are also consulting on proposals for chargepoints to be installed with all newly built homes in England, where appropriate, and on the introduction of smart chargepoints. To improve the consumer charging experience, we want to see all newly installed public rapid and higher powered chargepoints to offer debit/credit card payment from Spring 2020.</p><p> </p><p> </p><p> </p><p> </p><p> </p>
star this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2019-07-23T15:31:40.187Zmore like thismore than 2019-07-23T15:31:40.187Z
unstar this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
1138561
unstar this property registered interest false more like this
star this property date less than 2019-07-11more like thismore than 2019-07-11
star this property answering body
Department for Transport more like this
star this property answering dept id 27 more like this
unstar this property answering dept short name Transport more like this
star this property answering dept sort name Transport more like this
star this property hansard heading Electric Vehicles: Charging Points more like this
star this property house id 2 remove filter
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what targets they have set, if any, to increase the number of electric car charge points on roads and motorways; and what steps they are taking to meet such targets. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL17119 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-07-24more like thismore than 2019-07-24
star this property answer text <p>The Government’s ambition is to have one of the best infrastructure networks in the world for electric vehicles, and we want chargepoints to be accessible, reliable, affordable and secure. We want the transition to 2040 to be consumer and market-led, supported by the measures set out in the Road to Zero strategy. We also want to encourage and leverage private sector investment to build and operate a self-sustaining public network supported by the right policy framework.</p><p> </p><p>Government funding and leadership, alongside private sector investment, has supported the installation of more than 20,000 public chargepoints. This includes 2,000 rapid chargepoints; one of the largest rapid networks in Europe.</p><p> </p><p>The Prime Minister has asked the Office for Low Emission Vehicles to go further and work with industry to set out a vision, by Autumn 2019, for a core infrastructure network of rapid and high powered chargepoints across England’s key road network. The Government’s grant schemes and the £400m public-private Charging Infrastructure Investment Fund will also see thousands more chargepoints installed across the UK.</p><p> </p><p> </p><p> </p><p>Highways England has committed £15m to ensure there is a chargepoint which is rapid where possible, every 20 miles on 95% of the Strategic Road Network by 2020. The Automated and Electric Vehicles Act gives Government powers to ensure appropriate provision of chargepoints at motorway service areas and large fuel retailers if needed.</p><p> </p>
star this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2019-07-24T12:00:58.443Zmore like thismore than 2019-07-24T12:00:58.443Z
unstar this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter
1144188
unstar this property registered interest false more like this
star this property date less than 2019-09-03more like thismore than 2019-09-03
star this property answering body
Department for Transport more like this
star this property answering dept id 27 more like this
unstar this property answering dept short name Transport more like this
star this property answering dept sort name Transport more like this
star this property hansard heading Monarch Airlines: Insolvency more like this
star this property house id 2 remove filter
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what progress they have made in obtaining a financial contribution from Greybull Capital towards the cost of the return to the UK of passengers on Monarch Airlines consequent on the withdrawal of financial support by Greybull Capital; what is their assessment of whether Greybull Capital and associates are likely to make a profit on their investment in Greybull Capital; whether any such profit will be assessable to UK tax; and when Ministers last had contact with Greybull Capital. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL17676 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>Greybull Capital is not itself a shareholder in Monarch Airlines but it does perform an advisory and management role for the principal shareholder, Petrol Jersey Limited. There is no formal legal mechanism we can use to oblige Greybull to contribute towards the cost of repatriating passengers.</p><p> </p><p>However, Marc Meyohas, partner at Greybull, wrote to the Transport Select Committee acknowledging a moral obligation (if they make a profit) to contribute and help to defray the costs incurred by the Government in repatriating Monarch customers.</p><p> </p><p>The extent of any profit or loss from Greybull Capital and Petrol Jersey Limited’s investment in Monarch Airlines will depend on the outcome of the administration process, which is not due to conclude until October 2020.</p><p> </p><p>Profits made by corporations are subject to the tax laws relevant to their jurisdiction. Petrol Jersey Limited is a company which is incorporated in Jersey. It would be for HM Revenue and Customs to confirm whether any such profit would be assessable to tax in the UK.</p><p> </p><p>Discussions with Greybull in relation to recovering the costs of the repatriation operation have been in writing. Ministers last wrote to Greybull on this matter on 5 December 2018.</p>
star this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2019-09-09T12:40:37.33Zmore like thismore than 2019-09-09T12:40:37.33Z
unstar this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter