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1717040

	registered interest
	date	09/05/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Small Businesses: Loans
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what assessment they have made of the bank loan application success rates of small and medium-sized enterprises.
	tabling member printed	Lord Taylor of Warwick
	uin	HL4546
	answer	answer is ministerial correction date of answer 15/05/2024 answer text <p>The Government recognises the vital importance small and medium-sized enterprises (SMEs) and is committed to supporting SMEs grow and create jobs by providing an environment in which they can thrive.</p><p> </p><p>Access to finance for small businesses is important to drive growth. The government supports that access through the Recovery Loan Scheme, which offers a 70% government guarantee on loans to SMEs</p><p>of up to £2 million. The scheme has supported over £5.3 billion of finance to SMEs since its introduction in April 2021.</p><p> </p><p>At the 2024 Spring Budget, the Government announced that the Recovery Loan Scheme would be extended to the end of March 2026, and renamed as the Growth Guarantee Scheme.</p> answering member printed Baroness Vere of Norbiton question first answered 15/05/2024 16:00:39 answering member 4580 label Biography information for Baroness Vere of Norbiton
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1715984

	registered interest
	date	07/05/2024
	answering body	Department for Energy Security and Net Zero
	answering dept id	215
	answering dept short name	Energy Security and Net Zero
	answering dept sort name	Energy Security and Net Zero
	hansard heading	Carbon Budgets
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what steps they intend to take in response to the ruling of the High Court on 3 May regarding their carbon budget delivery plan.
	tabling member printed	Lord Taylor of Warwick
	uin	HL4431
	answer	answer is ministerial correction date of answer 16/05/2024 answer text <p>The Government is immensely proud of its record on climate change. The Carbon Budget Delivery Plan remains Government policy and sets out over 300 policies and proposals that the Government has in place to reach its ambitious carbon budgets.</p><p> </p><p>The judgment contains no criticism of these detailed plans nor the policies themselves, which will keep the UK on track to meet net zero by 2050.</p><p>Officials are now considering the best approach to comply with the court order and the Government will publish a new report within 12 months.</p> answering member printed Lord Callanan question first answered 16/05/2024 11:03:59 answering member 4336 label Biography information for Lord Callanan
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1715734

	registered interest
	date	02/05/2024
	answering body	Department for Environment, Food and Rural Affairs
	answering dept id	13
	answering dept short name	Environment, Food and Rural Affairs
	answering dept sort name	Environment, Food and Rural Affairs
	hansard heading	Veterinary Medicine: Northern Ireland
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government whether they have had, or intend to have, discussions with the EU regarding the implementation of a post-Brexit agreement on the supply of veterinary medicines to Northern Ireland.
	tabling member printed	Lord Taylor of Warwick
	uin	HL4366
	answer	answer is ministerial correction date of answer 13/05/2024 answer text <p>The Government is committed to securing a long-term sustainable solution ahead of December 2025 that will properly support the flow of veterinary medicines into Northern Ireland from Great Britain on an enduring basis. We are determined to safeguard the supply of veterinary medicines, and we will pursue technical discussions with the EU to find a solution that removes barriers to supply; in return we are willing to provide assurances and safeguards to the EU. The Veterinary Medicines Working Group, including experts, industry representatives and elected representatives, will report back to Government on steps needed to secure supplies for the long term.</p> answering member printed Lord Douglas-Miller question first answered 13/05/2024 11:25:58 answering member 5006 label Biography information for Lord Douglas-Miller
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1715735

	registered interest
	date	02/05/2024
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Manufacturing Industries
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government, following the S&P Global UK Manufacturing Purchasing Managers' Index survey published on 1 May, which showed contraction in the manufacturing sector in April, what support they are providing to this sector to boost growth.
	tabling member printed	Lord Taylor of Warwick
	uin	HL4367
	answer	answer is ministerial correction date of answer 16/05/2024 answer text <p>The UK’s manufacturing sector is showing resilience, despite challenges such as supply chain disruptions in the Red Sea.</p><p> </p><p>According to the OECD, since 2010 the UK has had the fastest manufacturing productivity growth in the G7. Make UK’s Q1 Manufacturing Outlook Report, published at the end of March, showed increased investment and recruitment intentions among manufacturers.</p><p> </p><p>The Government has a strong track record of backing the sector. Our Advanced Manufacturing Plan published last November is underpinned by tax cuts, faster grid connections and a £4.5bn commitment to 2030, as well as the expansion of our successful SME Made Smarter Adoption programme.</p> answering member printed Lord Offord of Garvel question first answered 16/05/2024 16:01:17 answering member 4931 label Biography information for Lord Offord of Garvel
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1715736

	registered interest
	date	02/05/2024
	answering body	Foreign, Commonwealth and Development Office
	answering dept id	208
	answering dept short name	Foreign, Commonwealth and Development Office
	answering dept sort name	Foreign, Commonwealth and Development Office
	hansard heading	Africa: Renewable Energy
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what assessment they have made of the impact of British International Investment's increased focus on renewable energy projects in Africa; and what assessment they have made of how this aligns with the UK's international development policy.
	tabling member printed	Lord Taylor of Warwick
	uin	HL4368
	answer	answer is ministerial correction date of answer 17/05/2024 answer text <p>The FCDO's International Development White Paper outlines the Government's ambition for BII to be a leading DFI on climate finance, supporting partner countries in their transition to net zero and resilient economies. This builds on BII's track record of being the UK's principal investment vehicle for delivering climate finance to developing countries, with over $1 billion of climate finance invested since COP26.</p><p>Through the agreement of BII's five-year strategy, Investment Policy, and Policy on Responsible Investment, FCDO ensures alignment of all BII's investments with the UK's international development priorities. In addition, FCDO oversees an evaluation and learning program which recently reviewed BII's infrastructure portfolio. The review found that (i) BII contributes to the provision of cleaner capacity through investments in renewable energy assets, (ii) BII increases resource efficiency through the lowering of power distribution losses in its transmission and distribution (T&amp;D) portfolio, and (iii) 65 percent of the impact generated by BII's infrastructure investments comes from those located in Africa.</p> answering member printed Lord Ahmad of Wimbledon question first answered 17/05/2024 13:56:25 answering member 4210 label Biography information for Lord Ahmad of Wimbledon
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1715446

	registered interest
	date	01/05/2024
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Retail Trade
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government, following reports of non-food item deflation, what assessment they have made of the impact of this on (1) employment, and (2) business profitability, in the retail sector.
	tabling member printed	Lord Taylor of Warwick
	uin	HL4307
	answer	answer is ministerial correction date of answer 16/05/2024 answer text <p>The government is continuing to pursue an ambitious policy agenda to increase sustainable economic growth and productivity across the economy. This includes making full expensing permanent, backing the UK’s priority growth sectors and announcing measures to boost labour supply. Across Spring Budget 2023, Autumn Statement 2023 and Spring Budget 2024 tax and labour market measures increase total hours worked by the equivalent of more than 300,000 full-time workers by 2028-29.</p><p>Whilst consumers will undoubtedly welcome lower shop price inflation, government continues to provide the right environment to help retailers grow, such as by extending Retail, Hospitality and Leisure relief for 2024-25, a tax cut worth nearly £2.4 billion</p> answering member printed Lord Offord of Garvel question first answered 16/05/2024 15:48:38 answering member 4931 label Biography information for Lord Offord of Garvel
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1715447

	registered interest
	date	01/05/2024
	answering body	Home Office
	answering dept id	1
	answering dept short name	Home Office
	answering dept sort name	Home Office
	hansard heading	Asylum: Republic of Ireland
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what discussions they have had with the government of Ireland concerning asylum seekers returning from that country to the UK; and what impact this has on the Common Travel Area agreement.
	tabling member printed	Lord Taylor of Warwick
	uin	HL4308
	answer	answer is ministerial correction date of answer 16/05/2024 answer text <p>There is a high level of cooperation on migration and border security between the UK and Irish Government. The Home Office regularly discuss asylum trends and work to respond to these trends with our counterparts in the Department of Justice in order to protect the Common Travel Area.</p><p>In 2020, we agreed non-legally binding operational arrangements which allow for the return and readmission of asylum seekers where this is agreed by both participants.</p> answering member printed Lord Sharpe of Epsom question first answered 16/05/2024 16:38:57 answering member 4888 label Biography information for Lord Sharpe of Epsom
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1715448

	registered interest
	date	01/05/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Foreign Investment in UK
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what steps they are taking to (1) retain, and (2) attract, foreign financial firms and jobs in the UK.
	tabling member printed	Lord Taylor of Warwick
	uin	HL4309
	answer	answer is ministerial correction date of answer 15/05/2024 answer text <p>Financial and related professional services employ more than 2 million people in the UK and the Government is committed to ensuring the UK remains the location of choice for top talent from across the world. This is part of the Government’s mission to ensure the UK retains its position as one of the most innovative and competitive financial centres in the world. Most recently, at Spring Budget 2024, the Chancellor updated on the ambitious package of reforms which will help to deliver the Government’s vision for a financial sector that is open, sustainable, technologically innovative, and globally competitive.</p> answering member printed Baroness Vere of Norbiton question first answered 15/05/2024 16:00:12 answering member 4580 label Biography information for Baroness Vere of Norbiton
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1715062

	registered interest
	date	30/04/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Housing: Sales
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what assessment they have made of the 12 per cent increase in house sales during April; and what steps they are taking to support first-time buyers.
	tabling member printed	Lord Taylor of Warwick
	uin	HL4243
	answer	answer is ministerial correction date of answer 14/05/2024 answer text <p>The most comprehensive measure of UK property transactions is published by HMRC. According to this measure, residential property transactions rose by 1% in March 2024 compared to February, the third consecutive monthly increase.</p><p> </p><p>The Government continues to monitor developments in the housing market closely and consider the implications.</p><p> </p> answering member printed Baroness Vere of Norbiton question first answered 14/05/2024 14:39:49 answering member 4580 label Biography information for Baroness Vere of Norbiton
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1715063

	registered interest
	date	30/04/2024
	answering body	Department for Science, Innovation and Technology
	answering dept id	216
	answering dept short name	Science, Innovation and Technology
	answering dept sort name	Science, Innovation and Technology
	hansard heading	Financial Times: Artificial Intelligence
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government, following the recent content licensing agreement between The Financial Times and OpenAI, what assessment they have made of the potential implications this may have for the AI industry; and what steps they are taking to further promote transparency and accountability in AI-driven content generation and distribution.
	tabling member printed	Lord Taylor of Warwick
	uin	HL4244
	answer	answer is ministerial correction date of answer 15/05/2024 answer text <p>The Government wants the AI sector and our creative industries to grow together in partnership and is encouraged to see agreements being reached between AI developers and press publishers.</p><p>As set out in its response to the AI White Paper, the Government believes there should be greater transparency from AI developers in relation to data inputs and the attribution of outputs. It is considering ways to achieve this and will engage closely with right holders and AI developers.</p> answering member printed Viscount Camrose question first answered 15/05/2024 10:56:07 answering member 4939 label Biography information for Viscount Camrose
	tabling member	1796 label Biography information for Lord Taylor of Warwick