While this is a commercial matter for the companies involved, Government is closely monitoring the situation. My rt. hon. Friend the Secretary of State has spoken on an impartial basis to both companies.<\/p>
Takeovers of publicly listed companies in the UK must abide by the Takeover Code, which sets out an orderly framework for how takeovers must be conducted, and earlier this month new changes to the Code were introduced that will give companies subject to a bid more time to prepare their response.<\/p>
Ministers can only intervene in mergers on public interest grounds, covering national security, financial stability or media plurality.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4068", "label" : {"_value" : "Biography information for Lord Harrington of Watford"} } , "answeringMemberConstituency" : {"_value" : "Watford"} , "answeringMemberPrinted" : {"_value" : "Richard Harrington"} , "dateOfAnswer" : {"_value" : "2018-02-13", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-02-13T15:04:50.177Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2018-02-06", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "GKN: Melrose"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to protect (a) jobs and (b) operations at GKN Telford, in respect of Melrose Plc\u2019s proposed takeover of that company.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4411", "label" : {"_value" : "Biography information for Lucy Allan"} } , "tablingMemberConstituency" : {"_value" : "Telford"} , "tablingMemberPrinted" : [{"_value" : "Lucy Allan"} ], "uin" : "126799"} , {"_about" : "http://data.parliament.uk/resources/837785", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/837785/answer", "answerText" : {"_value" : "
The Government Construction Strategy committed government departments to use Project Bank Accounts for their projects unless there are compelling reasons not to do so. A certain amount of contracts with Carillion had used Project Bank Accounts but the complexity of the contracting structure is such that it is not possible for the Official Receiver at this stage in the liquidation process to say why they were not used in relation to all contracts.<\/p>
We continue to work with public sector construction procurers to drive the use of Project Banks Accounts to facilitate faster, more transparent and certain payments in the construction supply chain. This will ease the cash flow through the system and support closer working within the supply chain.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3936", "label" : {"_value" : "Biography information for Andrew Griffiths"} } , "answeringMemberConstituency" : {"_value" : "Burton"} , "answeringMemberPrinted" : {"_value" : "Andrew Griffiths"} , "dateOfAnswer" : {"_value" : "2018-02-20", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-02-20T12:06:22.31Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2018-02-06", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Carillion"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Answer of 2 February 2018 to Question 125692, for what reason contracts with Carillion did not use project bank accounts.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4061", "label" : {"_value" : "Biography information for Bill Esterson"} } , "tablingMemberConstituency" : {"_value" : "Sefton Central"} , "tablingMemberPrinted" : [{"_value" : "Bill Esterson"} ], "uin" : "126816"} , {"_about" : "http://data.parliament.uk/resources/837794", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/837794/answer", "answerText" : {"_value" : "
HM Treasury has already allocated departments nearly £700 million to prepare for Brexit: £412m for DIT, FCO and DExEU over the parliament at Autumn Statement 2016 and nearly £300m across a number of departments from the Reserve in 2017/18 - BEIS received £35.1m of this funding.<\/p>
At Autumn Budget 2017 HM Treasury made another £3bn of additional funding available over 2018/19 and 2019/20 \u2013 £1.5bn in each year. BEIS is currently working with HM Treasury to determine its allocation for 2018/19, with the aim of reaching agreement soon.<\/p>
Departmental allocations for 2019/20 will be agreed later on in the year and decisions on funding in 2020/21 and beyond will be decided at the next Spending Review. This is because requirements in these years will be heavily affected by what is agreed in our negotiations with the EU.<\/p>
<\/p>
<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3936", "label" : {"_value" : "Biography information for Andrew Griffiths"} } , "answeringMemberConstituency" : {"_value" : "Burton"} , "answeringMemberPrinted" : {"_value" : "Andrew Griffiths"} , "dateOfAnswer" : {"_value" : "2018-02-13", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-02-13T15:05:26.92Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2018-02-06", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Department for Business, Energy and Industrial Strategy: Brexit"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, how much his Department plans to spend on projects relating to the UK leaving the EU in the next five years; and if he will list the projects to which that funding has been assigned.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1397", "label" : {"_value" : "Biography information for Hywel Williams"} } , "tablingMemberConstituency" : {"_value" : "Arfon"} , "tablingMemberPrinted" : [{"_value" : "Hywel Williams"} ], "uin" : "126825"} , {"_about" : "http://data.parliament.uk/resources/837826", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/837826/answer", "answerText" : {"_value" : "
BEIS Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery.<\/p>
<\/p><\/td> | Electricity<\/p><\/td> | Gas<\/p><\/td> | Combined<\/p><\/td><\/tr> | |||||||||||||||||||||||||||||||||
2010<\/p><\/td> | £474<\/p><\/td> | £564<\/p><\/td> | £1,038<\/p><\/td><\/tr> | |||||||||||||||||||||||||||||||||
2011<\/p><\/td> | £503<\/p><\/td> | £605<\/p><\/td> | £1,108<\/p><\/td><\/tr> | |||||||||||||||||||||||||||||||||
2012<\/p><\/td> | £523<\/p><\/td> | £662<\/p><\/td> | £1,185<\/p><\/td><\/tr> | |||||||||||||||||||||||||||||||||
2013<\/p><\/td> | £547<\/p><\/td> | £690<\/p><\/td> | £1,237<\/p><\/td><\/tr> | |||||||||||||||||||||||||||||||||
2014<\/p><\/td> | £551<\/p><\/td> | £701<\/p><\/td> | £1,252<\/p><\/td><\/tr> | |||||||||||||||||||||||||||||||||
2015<\/p><\/td> | £541<\/p><\/td> | £661<\/p><\/td> | £1,202<\/p><\/td><\/tr> | |||||||||||||||||||||||||||||||||
2016<\/p><\/td> | £532<\/p><\/td> | £591<\/p><\/td> | £1,123<\/p><\/td><\/tr> | |||||||||||||||||||||||||||||||||
2017(p)<\/p><\/td> | £552<\/p><\/td> | £564<\/p><\/td> | £1,116<\/p><\/td><\/tr><\/tbody><\/table> <\/p> <\/p> Notes:<\/p> Figures in the table can be found in Table 221 and Table 231 of Quarterly Energy Prices:<\/p>
|