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>
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>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/2616", "label" : {"_value" : "Biography information for Lord Henley"} } , "answeringMemberPrinted" : {"_value" : "Lord Henley"} , "dateOfAnswer" : {"_value" : "2019-06-04", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-06-04T16:04:07.543Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2019-05-22", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Greybull Capital"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "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.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/3869", "label" : {"_value" : "Biography information for Lord Myners"} } , "tablingMemberPrinted" : [{"_value" : "Lord Myners"} ], "uin" : "HL15930"} , {"_about" : "http://data.parliament.uk/resources/1127989", "AnsweringBody" : [{"_value" : "Home Office"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1127989/answer", "answerText" : {"_value" : "
The UK allocation from the Fund for European Aid to the Most Deprived (FEAD) was \u20ac3.94m for the 2014-20 period. FEAD operates on a funding year which differs from the standard financial year; the FEAD year runs 1st January to 31st December, and funding is allocated for the full 7-year programme. There is not a set amount allocated for each financial year, so the specific information in the question on allocation of funds for the year 2017 and 2018 is not available.<\/p>
<\/p><\/td> | 2010-2011 to 2011-2012<\/p><\/td> | 2011-2012 to 2012-2013<\/p><\/td> | 2012-2013 to 2013-2014<\/p><\/td> | 2013-2014 to 2014-2015<\/p><\/td> | 2014-2015 to 2015-2016<\/p><\/td> | 2015-2016 to 2016-2017<\/p><\/td><\/tr> | |||||||
% children entering poverty<\/strong><\/p><\/td> 6<\/p><\/td> 6<\/p><\/td> 6<\/p><\/td> 7<\/p><\/td> 6<\/p><\/td> 7<\/p><\/td><\/tr> % children exiting poverty<\/strong><\/p><\/td> 34<\/p><\/td> 35<\/p><\/td> 37<\/p><\/td> 33<\/p><\/td> 33<\/p><\/td> 35<\/p><\/td><\/tr><\/tbody><\/table> <\/p> The percentage of children entering poverty is the percentage of only those children who were not in poverty<\/em> in the earlier year but who were in poverty the following year. The percentage of children exiting poverty is the percentage of only those children who were in poverty <\/em>in the earlier year but who were out of poverty the following year. Entry and exit rates are very different (since entry / exit rates are expressed as a percentage of only those not previously in poverty / previously in poverty respectively).<\/p> The threshold used is 60 per cent of median equivalised household income Before Housing Costs (BHC). Since household incomes are subject to measurement error, and the threshold is subject to sampling and measurement error, the analysis only includes \u2018clear\u2019 transitions. For an entry/exit to count, household incomes must cross the 60 per cent of median income threshold and be at least 10 per cent higher / lower than the threshold in the following year.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3349", "label" : {"_value" : "Biography information for Baroness Buscombe"}
}
, "answeringMemberPrinted" : {"_value" : "Baroness Buscombe"}
, "dateOfAnswer" : {"_value" : "2019-06-04", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2019-06-04T16:27:01.013Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "29"}
, "answeringDeptShortName" : {"_value" : "Work and Pensions"}
, "answeringDeptSortName" : {"_value" : "Work and Pensions"}
, "date" : {"_value" : "2019-05-20", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Poverty: Children"}
, "houseId" : {"_value" : "2"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
}
], "questionText" : "To ask Her Majesty's Government, further to the Written Answer by Lord Agnew of Oulton on 16 May (HL15606), whether they will now answer the question put.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/217", "label" : {"_value" : "Biography information for Baroness Primarolo"}
}
, "tablingMemberPrinted" : [{"_value" : "Baroness Primarolo"}
], "uin" : "HL15853"}
], "itemsPerPage" : 10, "next" : "http://eldaddp.azurewebsites.net/answeredquestions.text?_page=1&publisher.prefLabel=House+of+Lords&max-date=2019-05-23&version=2", "page" : 0, "startIndex" : 1, "totalResults" : 3823, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]}
}
|