The Insolvency Service has carried out an assessment of the impact of voluntary measures introduced in 2015 to improve transparency and confidence in pre-pack sales to connected parties in administration. The findings will be published in due course.<\/p>
<\/p>
There is some protection in insolvency legislation for unsecured creditors in the form of the \u201cprescribed part\u201d, which is the amount of a company\u2019s assets that must be reserved for the benefit of unsecured creditors when it enters administration.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4336", "label" : {"_value" : "Biography information for Lord Callanan"} } , "answeringMemberPrinted" : {"_value" : "Lord Callanan"} , "dateOfAnswer" : {"_value" : "2020-06-29", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-06-29T15:15:01.863Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2020-06-16", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Insolvency: Subsidiary Companies"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government what assessment they have made of businesses using pre-pack administration processes to buy back subsidiaries at a discounted rate while failing to repay creditors.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"} } , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"} ], "uin" : "HL5791"} , {"_about" : "http://data.parliament.uk/resources/1204236", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1204236/answer", "answerText" : {"_value" : "
There has been no assessment by Government of the use of pre-pack administrations by businesses that have previously extracted large dividends through subsidiaries based in tax havens.<\/p>
<\/p>
The Insolvency Service has, however, carried out an assessment of the impact of voluntary measures introduced in 2015 to improve transparency and confidence in pre-pack sales in administration. The findings will be published in due course.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4336", "label" : {"_value" : "Biography information for Lord Callanan"} } , "answeringMemberPrinted" : {"_value" : "Lord Callanan"} , "dateOfAnswer" : {"_value" : "2020-06-29", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-06-29T15:17:13.063Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2020-06-16", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Insolvency: Tax Havens"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government what assessment they have made of the use of pre-pack administrations by businesses that have previously extracted large dividends through subsidiaries based in tax havens.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"} } , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"} ], "uin" : "HL5792"} , {"_about" : "http://data.parliament.uk/resources/1204237", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1204237/answer", "answerText" : {"_value" : "
The Government has not carried out a specific assessment of the impact of prepacks on SMEs. However, the Insolvency Service has reviewed the impact of voluntary measures introduced in 2015 to improve transparency and confidence in pre-pack sales in administration, including the impact on creditors and its findings will be issued in due course.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4336", "label" : {"_value" : "Biography information for Lord Callanan"} } , "answeringMemberPrinted" : {"_value" : "Lord Callanan"} , "dateOfAnswer" : {"_value" : "2020-06-29", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-06-29T15:17:24.003Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2020-06-16", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Insolvency: Small Businesses"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government what assessment they have made of the impact of pre-pack administrations on SME creditors.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"} } , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"} ], "uin" : "HL5793"} , {"_about" : "http://data.parliament.uk/resources/1204238", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1204238/answer", "answerText" : {"_value" : "
There has been a very low number of referrals to the Pre-Pack Pool which was set up by industry to provide opinions on a voluntary basis on pre-pack sales in administration to connected parties.<\/p>
<\/p>
However, the Government continues to work with regulators and industry stakeholders to discuss options for strengthening the professional standards for insolvency practitioners to give greater assurance to creditors where a sale is to a connected party.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4336", "label" : {"_value" : "Biography information for Lord Callanan"} } , "answeringMemberPrinted" : {"_value" : "Lord Callanan"} , "dateOfAnswer" : {"_value" : "2020-06-29", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-06-29T15:17:40.463Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2020-06-16", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Insolvency"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government what plans they have to address the Pre Pack Pool Oversight Group\u2019s suggestion that the Pre Pack Pool is \u201cunsustainable\u201d unless referrals of pre-pack sales to the Pool are made mandatory.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"} } , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"} ], "uin" : "HL5794"} , {"_about" : "http://data.parliament.uk/resources/1204239", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1204239/answer", "answerText" : {"_value" : "
The Insolvency Service continues to work with regulators and industry stakeholders to discuss options for strengthening the professional standards for insolvency practitioners and give greater assurance to creditors where a sale in a prepack administration is to a connected party.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4336", "label" : {"_value" : "Biography information for Lord Callanan"} } , "answeringMemberPrinted" : {"_value" : "Lord Callanan"} , "dateOfAnswer" : {"_value" : "2020-06-29", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-06-29T15:17:58.413Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2020-06-16", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Insolvency"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government what plans they have to make it mandatory for large businesses to notify the Pre Pack Pool of proposed Pre-pack administration deals.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"} } , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"} ], "uin" : "HL5795"} , {"_about" : "http://data.parliament.uk/resources/1204240", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1204240/answer", "answerText" : {"_value" : "
The Pre-Pack Pool is one of a number of voluntary measures introduced in November 2015 to improve transparency and confidence in pre-pack sales in administration. The Insolvency Service has carried out an assessment of the impact of these measures and will publish its findings in due course.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4336", "label" : {"_value" : "Biography information for Lord Callanan"} } , "answeringMemberPrinted" : {"_value" : "Lord Callanan"} , "dateOfAnswer" : {"_value" : "2020-06-29", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-06-29T15:18:16.577Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2020-06-16", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Insolvency"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government what assessment they have made of (1) the effectiveness of the Pre Pack Pool, and (2) the proportion of eligible cases being referred for review dropping to 10 per cent, according to the Pre-Pack Pool\u2019s latest Annual Report.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"} } , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"} ], "uin" : "HL5796"} , {"_about" : "http://data.parliament.uk/resources/1195975", "AnsweringBody" : [{"_value" : "Home Office"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1195975/answer", "answerText" : {"_value" : "
The Home Office and its operational partners continue to monitor and respond to the cyber crime threat during the COVID-19 pandemic. Current assessments have not indicated an increase in reporting linked to COVID-19. However, cyber criminals are exploiting COVID-19 as an unparalleled opportunity to conduct criminal activity using social engineering, capitalising on people\u2019s anxieties about the pandemic.<\/p>
<\/p>
On 21 April, the Government launched a revised Cyber Aware campaign to coincide with the launch of the NCSC\u2019s new Suspicious Email Reporting service. The NCA have also launched an advertorial on the popular Games Radar website to deliver PREVENT messaging during the COVID-19 pandemic as the public spend more time online. The advert is designed to deter young people away from becoming involved in cyber-criminality.<\/p>
We have also recently launched a gov.uk page on coronavirus-related fraud and cybercrime. The page includes easy-to-follow steps for people to better protect themselves and signposts other relevant advice and tips. It can be found here: https://www.gov.uk/government/publications/coronavirus-covid-19-fraud-and-cyber-crime.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4311", "label" : {"_value" : "Biography information for Baroness Williams of Trafford"} } , "answeringMemberPrinted" : {"_value" : "Baroness Williams of Trafford"} , "dateOfAnswer" : {"_value" : "2020-05-29", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-05-29T14:02:06.223Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "1"} , "answeringDeptShortName" : {"_value" : "Home Office"} , "answeringDeptSortName" : {"_value" : "Home Office"} , "date" : {"_value" : "2020-05-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Cybercrime: Coronavirus"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty's Government what assessment they have made of the impact of COVID-19 on cybercrime rates; and what plans they have to address any rise in cybercrime linked to COVID-19.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"} } , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"} ], "uin" : "HL4521"} , {"_about" : "http://data.parliament.uk/resources/1195976", "AnsweringBody" : [{"_value" : "Cabinet Office"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1195976/answer", "answerText" : {"_value" : "
The National Cyber Security Strategy supported by a £1.9 billion investment through the National Cyber Security Programme, is delivering transformational change, building new capabilities and intervening to protect the UK from cyber attacks.<\/p>
We established the National Cyber Security Centre in October 2016 as part of the National Cyber Security Strategy to bring together our best intelligence and expertise into a single national technical authority, driving improvements in detection, defence and incident management.<\/p>
Our manifesto committed to investing more in cyber security, embracing new technologies and legislating to make the UK the safest place in the world to be online.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4200", "label" : {"_value" : "Biography information for Lord True"} } , "answeringMemberPrinted" : {"_value" : "Lord True"} , "dateOfAnswer" : {"_value" : "2020-05-29", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-05-29T09:43:01.443Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "53"} , "answeringDeptShortName" : {"_value" : "Cabinet Office"} , "answeringDeptSortName" : {"_value" : "Cabinet Office"} , "date" : {"_value" : "2020-05-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "National Cyber Security Centre: Finance"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty's Government what was the budget of the National Cyber Security Centre in (1) 2016/17, (2) 2017/18, (3) 2018/19, and (4) 2019/20; and what is it for 2020/21.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"} } , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"} ], "uin" : "HL4522"} , {"_about" : "http://data.parliament.uk/resources/1195977", "AnsweringBody" : [{"_value" : "Cabinet Office"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1195977/answer", "answerText" : {"_value" : "
The National Cyber Security Centre (NCSC) is deploying its full range of capabilities in tackling the cyber threat during the Covid-19 crisis.<\/p>
The NCSC, National Crime Agency and partners in the UK and overseas are working together to tackle cyber threats, publishing guidance and identifying and removing malicious sites. This includes working closely with the NHS to keep their systems and the healthcare sector safe as we see a greater demand on their services during this period. We are able to draw upon these resources, because of the implementation of the 2016 National Cyber Security Strategy.<\/p>
The Covid-19 crisis means that the UK is now more reliant on home working and online services than ever before. In April, the NCSC, alongside Cabinet Office, DCMS and Home Office relaunched the Cyber Aware campaign, which advises the public of the simple steps they can take to protect themselves online.<\/p>
We recognise the importance of not losing momentum on our response to cyber security and of continuing to build on the capabilities we have developed; this will be considered as part of the Government's next Spending Review.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4200", "label" : {"_value" : "Biography information for Lord True"} } , "answeringMemberPrinted" : {"_value" : "Lord True"} , "dateOfAnswer" : {"_value" : "2020-05-28", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-05-28T11:58:01.94Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "53"} , "answeringDeptShortName" : {"_value" : "Cabinet Office"} , "answeringDeptSortName" : {"_value" : "Cabinet Office"} , "date" : {"_value" : "2020-05-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Cybercrime: Coronavirus"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty's Government what plans they have to make additional resources available to the National Cyber Security Centre to address any rise in cybercrime linked to COVID-19; and, if so, what those resources will be.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"} } , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"} ], "uin" : "HL4523"} , {"_about" : "http://data.parliament.uk/resources/1182483", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1182483/answer", "answerText" : {"_value" : "
Data provided by the Chartered Institute of Credit Management states that (1) 6% of Code signatories (153 of 2,472) have provided their procurement and purchasing policy; (2) 49% (1,205 of 2,472) have provided their \u2018how to get paid\u2019 details; and 54% (1,329 of 2,472) have provided their responsible board director information for inclusion on the Prompt Payment Code website.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4336", "label" : {"_value" : "Biography information for Lord Callanan"} } , "answeringMemberPrinted" : {"_value" : "Lord Callanan"} , "dateOfAnswer" : {"_value" : "2020-03-16", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-03-16T12:48:45.247Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2020-03-03", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Business: Billing"} , "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 Callanan on 26 February (HL1665), what proportion of businesses who have signed up to the Prompt Payment Code have their (1) procurement and purchasing policy, (2) 'how to get paid' details, and (3) responsible board director, listed on the Prompt Payment Code website.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"} } , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"} ], "uin" : "HL2185"} ], "itemsPerPage" : 10, "next" : "http://eldaddp.azurewebsites.net/answeredquestions.text?tablingMemberPrinted.=Lord+Mendelsohn&_page=1&max-ddpModified.=2020-06-29T15%3A49%3A07.602Z", "page" : 0, "startIndex" : 1, "totalResults" : 455, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }