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1138562

	registered interest
	date	11/07/2019
	answering body	The Senior Deputy Speaker
	answering dept id	204
	answering dept short name
	answering dept sort name	Senior Deputy Speaker (HoL)
	hansard heading	House of Lords: Electric Vehicles
	house id	2
	legislature	25277 pref label House of Lords
	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.
	tabling member printed	Lord Myners
	uin	HL17120
	answer	answer is ministerial correction date of answer 24/07/2019 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> answering member printed Lord Laming question first answered 24/07/2019 12:06:37 answering member 2079 label Biography information for Lord Laming
	tabling member	3869 label Biography information for Lord Myners

1149752

	registered interest
	date	14/10/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Thomas Cook: Insolvency
	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 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.
	tabling member printed	Lord Myners
	uin	HL45
	answer	answer is ministerial correction date of answer 28/10/2019 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> answering member printed Lord Duncan of Springbank question first answered 28/10/2019 12:45:47 answering member 4686 label Biography information for Lord Duncan of Springbank
	tabling member	3869 label Biography information for Lord Myners

1127256

	registered interest
	date	16/05/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Tax Avoidance
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether they make an assessment of the culture towards tax compliance of private sector companies who apply to them for loans and credit support; and whether they (1) have, and (2) will, reject applications from those judged to be overly aggressive in tax planning or subject to unacceptably high management charges from related offshore parties.
	tabling member printed	Lord Myners
	uin	HL15809
	answer	answer is ministerial correction date of answer 28/05/2019 answer text <p>Through the British Business Bank, financial support to small businesses is facilitated via a number of delivery partners who provide a range of debt and equity finance.</p><p> </p><p>The British Business Bank has a thorough due diligence process for its delivery partners which includes a robust review and assessment framework for how delivery partners award the finance, monitored through independent auditors. The British Business Bank also has a tax policy that is published in the transparency section of its website.</p> answering member printed Lord Henley question first answered 28/05/2019 14:21:14 answering member 2616 label Biography information for Lord Henley
	tabling member	3869 label Biography information for Lord Myners

1130842

	registered interest
	date	10/06/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Takeovers: Conflict of Interests
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government, further to the Written Answer by Lord Henley on 20 May (HL15640), whether they have reviewed the decision-making processes in investment institutions which hold equity investments in both the offeror and the offeree in a takeover situation but on behalf of different clients and where a particular outcome might favour one group of clients over another .
	tabling member printed	Lord Myners
	uin	HL16209
	answer	answer is ministerial correction date of answer 19/06/2019 answer text <p>Asset managers act as agents of investors in their funds. They are required to manage their funds in the best interests of all of their fund investors and to appropriately avoid, manage and disclose conflicts of interests that could, and do arise between different investor groups. This is a requirement of Markets in Financial Instruments Directive II (MiFID II).</p><p> </p><p>Asset managers should have policies, procedures and governance in place to effectively manage any conflicts arising from their stewardship obligations.</p><p> </p><p>The FCA has recently published a Policy Statement (PS 19/13) ‘Proposals to promote shareholder engagement: Feedback to CP 19/7 and final rules.’ This sets out final rules to implement requirements of the Revised Shareholder Rights Directive (SRD II). SRD II introduced new requirements to improve shareholder engagement and increase transparency around stewardship. The rules came into effect on 10 June 2019 requiring asset managers to disclose and make publicly available their policies on how they engage with the companies they invest in. They also require asset managers to provide certain information to institutional investors, including occupational pension schemes. The new rules are designed to foster stewardship, and better stewardship should lead to better decision making in relation to mergers and acquisitions.</p> answering member printed Lord Henley question first answered 19/06/2019 16:42:37 answering member 2616 label Biography information for Lord Henley
	tabling member	3869 label Biography information for Lord Myners

1130841

	registered interest
	date	10/06/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Insolvency
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government, further to the Written Answer by Lord Henley on 9 May (HL15286), whether they intend to prioritise strengthening the powers available to insolvency practitioners to take recovery action where value has been extracted from a company prior to insolvency and to require any such related funds to be returned.
	tabling member printed	Lord Myners
	uin	HL16208
	answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>In 2018, the Government published detailed proposals to reform corporate insolvency laws including strengthening the powers available to insolvency office-holders to challenge transactions and take recovery action where value has been extracted from a company as it approaches insolvency. The Government remains committed to introduce these changes as soon as Parliamentary time allows.</p> answering member printed Lord Henley question first answered 17/06/2019 12:31:37 answering member 2616 label Biography information for Lord Henley
	tabling member	3869 label Biography information for Lord Myners

1128082

	registered interest
	date	22/05/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Industry: Disclosure of Information
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether they intend to commission a review of the legislation and regulatory practice governing whistleblowing in regulated industries to investigate (1) the effectiveness of current practices, (2) the adequacy of protections provided to whistleblowers, and (3) the adoption of policies to promote and safeguard whistleblowing.
	tabling member printed	Lord Myners
	uin	HL15931
	answer	answer is ministerial correction date of answer 04/06/2019 answer text <p>Over recent years, the Government has implemented statutory and non-statutory reforms to improve the whistleblowing framework in all sectors. This includes guidance for whistleblowers on how in practice to make disclosures while preserving their employment protections; and guidance for employers including a non-statutory code of practice.</p><p>We have fulfilled the commitment to keep the Prescribed Persons list up to date – these are individuals and bodies that a whistleblower can approach in order to make a disclosure. Guidance is in place for Prescribed Persons and we review the list annually.</p><p>The most recent reform was a new legislative requirement for most prescribed persons to produce an annual report on whistleblowing disclosures made to them by workers. Relevant prescribed persons were required to publish the first of these reports by the end of September 2018.</p><p>Whilst it is right and proper that Government reviews the whistleblowing framework, we believe that it would be premature to do so now. We need to allow the existing changes that we have introduced to embed and provide the necessary evidence of their impact over time that would support a meaningful review.</p> answering member printed Lord Henley question first answered 04/06/2019 16:04:50 answering member 2616 label Biography information for Lord Henley
	tabling member	3869 label Biography information for Lord Myners

1128081

	registered interest
	date	22/05/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Greybull Capital
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether they will undertake a review into the activities of Greybull Capital, in particular with regard to (1) Monarch Airlines, (2) British Steel, (3) issues of creditor preference, and (4) the completeness and accuracy of public statements made by Greybull Capital, its partners, and employees.
	tabling member printed	Lord Myners
	uin	HL15930
	answer	answer is ministerial correction date of answer 04/06/2019 answer text <p>The Official Receiver is under a statutory duty to investigate the cause of failure of any company in compulsory liquidation and generally its business, dealings and affairs, which will include any actions taken which have been detrimental to creditors or pension schemes, and will do so in the case of British Steel. He has a duty to report any potential misconduct of directors to my rt. hon. Friend the Secretary of State for Business, Energy and Industrial Strategy.</p><p>In the case of British Steel, the Secretary of State has written to the Insolvency Service, specifically requesting that the investigation not only looks at the conduct of the directors immediately prior to and at insolvency, but also at the investments made in the company (noting previous commitments given in this regard) and the potential value transferred out of the company.</p><p> </p> answering member printed Lord Henley question first answered 04/06/2019 16:04:07 answering member 2616 label Biography information for Lord Henley
	tabling member	3869 label Biography information for Lord Myners

1127257

	registered interest
	date	16/05/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	British Steel: Loans
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether, in extending credit to British Steel, they took into account (1) the management of the borrower, (2) the value for money provided by Greybull Capital in respect of their management charges and other related party transfers, and (3) the use of a capital structure by British Steel that requires interest payments to Greybull parties based offshore.
	tabling member printed	Lord Myners
	uin	HL15810
	answer	answer is ministerial correction date of answer 29/05/2019 answer text <p>I refer the noble Lord to the answer I gave to him on 10 May 2019 to Question HL15469.</p> answering member printed Lord Henley question first answered 29/05/2019 15:49:41 answering member 2616 label Biography information for Lord Henley
	tabling member	3869 label Biography information for Lord Myners

1127438

	registered interest
	date	20/05/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	British Steel: Loans
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether they took into consideration British Steel’s acquisition of Ascoval when reaching their decision on lending to that company.
	tabling member printed	Lord Myners
	uin	HL15849
	answer	answer is ministerial correction date of answer 03/06/2019 answer text <p>The purchase of Ascoval was undertaken by the shareholder, and not by British Steel.</p> answering member printed Lord Henley question first answered 03/06/2019 11:17:09 answering member 2616 label Biography information for Lord Henley
	tabling member	3869 label Biography information for Lord Myners

1128010

	registered interest
	date	21/05/2019
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	British Steel: Loans
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether they used external independent advisers in connection with the evaluation of British Steel's applications for financial support over the last three months; and, if so, (1) who those advisers were, and (2) how much they were paid.
	tabling member printed	Lord Myners
	uin	HL15895
	answer	answer is ministerial correction date of answer 04/06/2019 answer text <p>The Government sought commercial and legal advice from external independent advisers. Exact costs have not been finalised.</p> answering member printed Lord Henley question first answered 04/06/2019 16:05:40 answering member 2616 label Biography information for Lord Henley
	tabling member	3869 label Biography information for Lord Myners