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867021

	registered interest
	date	19/03/2018
	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	Companies: Property
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many properties in the UK are owned by companies registered in (a) British Overseas Territories and (b) Crown Dependencies.
	tabling member constituency	Stalybridge and Hyde
	tabling member printed	Jonathan Reynolds
	uin	133139
	answer	answer is ministerial correction date of answer 27/03/2018 answer text <p>HM Land Registry holds information on registered titles in England and Wales that are owned by overseas companies. The information is released as a dataset available on GOV.UK and contains a description of the way in which the dataset is compiled.</p><p>By reference to the dataset, as of March 2018 the number of titles where the legal owner is an overseas company based in (a) British Overseas Territories is 28,360 and (b) Crown Dependencies is 43,245.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 27/03/2018 15:48:47 answering member 3936 label Biography information for Andrew Griffiths
	tabling member	4119 label Biography information for Jonathan Reynolds

867023

	registered interest
	date	19/03/2018
	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	Companies: Property
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what information his Department holds on the number of properties in the UK which are owned by companies registered in the Isle of Man.
	tabling member constituency	Stalybridge and Hyde
	tabling member printed	Jonathan Reynolds
	uin	133141
	answer	answer is ministerial correction date of answer 27/03/2018 answer text <p>HM Land Registry holds information on registered titles in England and Wales that are owned by overseas companies. The information is released as a dataset available on GOV.UK and contains a description of the way in which the dataset is compiled.</p><p>By reference to the dataset, as of March 2018 the number of titles where the legal owner is an overseas company based in the Isle of Man is 10,778.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 27/03/2018 16:08:25 answering member 3936 label Biography information for Andrew Griffiths
	tabling member	4119 label Biography information for Jonathan Reynolds

869327

	registered interest
	date	22/03/2018
	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	Foreign Companies: Ownership
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what progress he has made on the introduction of a public register of beneficial owners of property in the UK.
	tabling member constituency	Stalybridge and Hyde
	tabling member printed	Jonathan Reynolds
	uin	133841
	answer	answer is ministerial correction date of answer 05/04/2018 answer text <p>On 22 March, the Government published its response to the call for evidence on the proposed register of beneficial owners of overseas entities that own UK property. Work to prepare draft legislation for establishing this world-first register is ongoing. The Government has made good progress and is on track to meeting its commitment of publishing the draft Bill before the summer recess this year.</p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 05/04/2018 16:03:03 answering member 3936 label Biography information for Andrew Griffiths
	tabling member	4119 label Biography information for Jonathan Reynolds

1225974

	registered interest
	date	17/07/2020
	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	Redundancy Pay
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what his Department's specific guidance is on using previous wages to calculate redundancy and notice pay; and whether that calculation should include furlough pay.
	tabling member constituency	Stalybridge and Hyde
	tabling member printed	Jonathan Reynolds
	uin	76010
	answer	answer is ministerial correction date of answer 22/07/2020 answer text <p>The provisions relating to calculation of redundancy and notice pay under the Employment Rights Act continue to apply when an individual is on the Coronavirus Job Retention Scheme. Employees who are dismissed due to redundancy and who satisfy certain qualifying conditions are statutorily entitled to a lump sum from their employer, based on their age, length of service and contractual weekly earnings, subject to a statutory upper limit, payable at, or soon after, the dismissal date.</p><p>During this difficult period, we urge employers to exercise discretion and not use the Job Retention Scheme to make someone redundant on less favourable terms than they would otherwise have received.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 22/07/2020 15:42:51 answering member 4414 label Biography information for Paul Scully
	tabling member	4119 label Biography information for Jonathan Reynolds

1243441

	registered interest
	date	14/10/2020
	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	Parents: Coronavirus
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department plans to provide additional parental pay entitlements for new parents who have recently changed or left their jobs as a result of the covid-19 outbreak.
	tabling member constituency	Stalybridge and Hyde
	tabling member printed	Jonathan Reynolds
	uin	103500
	answer	answer is ministerial correction date of answer 22/10/2020 answer text <p>Statutory Maternity Leave, Adoption Leave, and Parental Bereavement Leave are ‘day 1’ rights which means that an employee will qualify for these entitlements even if they have recently changed jobs.</p><p>In order to qualify for Statutory Paternity Leave and Shared Parental Leave, an employee must have been continuously employed by their current employer for 26 weeks at the ‘relevant date’.</p><p>In order to qualify for Statutory Maternity Pay, Adoption Pay, Paternity Pay, Shared Parental Pay and Parental Bereavement Pay, an employee must have earned at least the lower earnings level (currently £120 a week) in an 8 week reference period and worked continuously for their employer for 26 weeks at the ‘relevant date’. Additional qualifying criteria attach to Paternity, Shared Parental and Parental Bereavement Pay.</p><p>The ‘relevant date’ differs depending on whether the employee is a ‘birth parent’, a bereaved parent or an ‘adopter’. But in the case of Statutory Maternity Pay and Statutory Adoption Pay an employee will qualify for pay if they have 26 weeks continuous service at the ‘relevant date’ even if they subsequently leave their job or are made redundant. They will, however, cease to qualify if they end their parental leave to start working for a new employer.</p><p>Further information is on the eligibility criteria for parental leave and pay is on GOV.UK.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 22/10/2020 16:21:29 answering member 4414 label Biography information for Paul Scully
	tabling member	4119 label Biography information for Jonathan Reynolds

1243440

	registered interest
	date	14/10/2020
	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	Paternity Leave and Pay: Public Consultation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what progress his Department is making on its consultation on parental leave and pay which closed on 29 November 2019.
	tabling member constituency	Stalybridge and Hyde
	tabling member printed	Jonathan Reynolds
	uin	103499
	answer	answer is ministerial correction date of answer 22/10/2020 answer text <p>In 2019, the Department for Business, Energy and Industrial Strategy consulted on high-level options for reforming parental leave and pay and is currently analysing the responses it received. We separately commissioned large scale, representative, surveys of parents and employers to gather further information on the barriers and enablers to employees taking parental leave, including Paternity Leave, and data on how parental entitlements are used in practice.</p><p> </p><p>Information gathered through the consultation and the evaluation of Shared Parental Leave and Pay will inform Government policy on parental leave and pay going forward – including the Manifesto commitment to make it easier for fathers to take Paternity Leave.</p><p> </p><p>The findings of the evaluation and Government Response to the consultation will be published in due course.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 22/10/2020 16:22:50 answering member 4414 label Biography information for Paul Scully
	tabling member	4119 label Biography information for Jonathan Reynolds

1243439

	registered interest
	date	14/10/2020
	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	Paternity Leave: Fathers
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what progress his Department is making on making it easier for fathers to take paternity leave.
	tabling member constituency	Stalybridge and Hyde
	tabling member printed	Jonathan Reynolds
	uin	103498
	answer	answer is ministerial correction date of answer 22/10/2020 answer text <p>The Conservative Manifesto included a commitment to make it easier for fathers to take Paternity Leave, and the Government fully intends to deliver on this commitment.</p><p> </p><p>In 2019, the Department for Business, Energy and Industrial Strategy consulted on high-level options for reforming parental leave and pay and is currently analysing the responses it received. We separately commissioned large scale, representative, surveys of parents and employers to gather further information on the barriers and enablers to employees taking parental leave, including Paternity Leave, and data on how parental entitlements are used in practice.</p><p> </p><p>The results of this and our analysis of the consultation responses will inform policy developments on Paternity Leave which will be shared in due course.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 22/10/2020 16:24:24 answering member 4414 label Biography information for Paul Scully
	tabling member	4119 label Biography information for Jonathan Reynolds

1251355

	registered interest
	date	12/11/2020
	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	Coronavirus Job Retention Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether people who unable to work because they are clinically extremely vulnerable are able to be furloughed under the extended Coronavirus Job Retention Scheme during the November 2020 lockdown restrictions.
	tabling member constituency	Stalybridge and Hyde
	tabling member printed	Jonathan Reynolds
	uin	114852
	answer	answer is ministerial correction date of answer 17/11/2020 answer text <p>The Coronavirus Job Retention Scheme (CJRS) continues to support businesses and individuals throughout the UK. Where employees are deemed to be clinically extremely vulnerable, they can be furloughed through the CJRS. As with the previous scheme, it is up to employers to decide whether to furlough these employees.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 17/11/2020 13:16:09 answering member 4414 label Biography information for Paul Scully
	tabling member	4119 label Biography information for Jonathan Reynolds

1403011

	registered interest
	date	14/01/2022
	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	Banks: Regulation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the potential merits of continuing to include small non-complex retail financial institutions in the definition of public interest entities in the context of those institutions being regulated by the Prudential Regulatory Authority.
	tabling member constituency	Stalybridge and Hyde
	tabling member printed	Jonathan Reynolds
	uin	104331
	answer	answer is ministerial correction date of answer 24/01/2022 answer text <p>Public interest entities are businesses of particular importance to the UK economy, and are subject to more stringent requirements and oversight to reflect this. On 18 March, the Government published a White Paper on ‘Restoring trust in audit and corporate reporting’, which included proposals to extend the definition of public interest entity to bring other large businesses into scope.</p><p> </p><p>Arguments have been made that some smaller entities, including small non-complex retail financial institutions, should not be within the UK’s definition of public interest entity. However, this needs to be balanced against the need to maintain public confidence in these institutions, and to protect the public interest in their reporting. The Government is considering the responses to the consultation carefully and will respond in due course.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 24/01/2022 16:42:47 answering member 4414 label Biography information for Paul Scully
	tabling member	4119 label Biography information for Jonathan Reynolds

1403013

	registered interest
	date	14/01/2022
	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	Banks: Regulation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether defining non-complex retail financial institutions as Public Interest Entities is in line with (a) HM Treasury's work on proportionate regulation, (b) the Prudential Regulatory Authority's strong and simple work and (c) the Financial Conduct Authority's principles for good regulation.
	tabling member constituency	Stalybridge and Hyde
	tabling member printed	Jonathan Reynolds
	uin	104332
	answer	answer is ministerial correction date of answer 24/01/2022 answer text <p>On 18 March, the Government published a White Paper on ‘Restoring trust in audit and corporate reporting’, which included proposals to extend the definition of public interest entity to bring other large businesses into scope. The White Paper did not propose to remove any entities from the existing definition of public interest entity as these businesses of particular importance to the UK economy, and are subject to more stringent requirements and oversight to reflect this.</p><p> </p><p>The Government is considering the responses to the consultation carefully and will respond in due course. The Government is committed to proportionate regulation. Any future changes will balance the need for entities of public interest to have appropriate regulation, whilst also ensuring regulation is proportionate and not unduly burdensome.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 24/01/2022 16:43:27 answering member 4414 label Biography information for Paul Scully
	tabling member	4119 label Biography information for Jonathan Reynolds