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100083

registered interest
date	21/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance export insurance scheme have been small to medium sized enterprises in each of the last five years.
tabling member constituency	Glasgow North
tabling member printed	Ann McKechin
uin	211331
answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>The table below shows the proportion, expressed as a percentage, of small and medium-sized enterprises (SMEs) of the total number of exporters UK Export Finance (UKEF) has supported broken down by UKEF product for the last five financial full years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2009/10</p></td><td><p>2010/11</p></td><td><p>2011/12</p></td><td><p>2012/13</p></td><td><p>2013/14</p></td></tr><tr><td><p>Buyer Credit</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>11%</p></td><td><p>7%</p></td></tr><tr><td><p>Bond Support Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>67%</p></td><td><p>78%</p></td><td><p>91%</p></td></tr><tr><td><p>Export Insurance Policy</p></td><td><p>20%</p></td><td><p>75%</p></td><td><p>75%</p></td><td><p>54%</p></td><td><p>63%</p></td></tr><tr><td><p>Export Working Capital Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>0%</p></td><td><p>83%</p></td><td><p>100%</p></td></tr><tr><td><p>Letter of Credit Guarantee Scheme</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>50%</p></td></tr><tr><td><p>Supplier Credit Facility</p></td><td><p>0%</p></td><td><p>50%</p></td><td><p>29%</p></td><td><p>33%</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>*Products launched in 2011/12</p><p> </p><p> </p><p> </p><p>SMEs are defined by the EU as companies that have fewer than 250 employees, and either a turnover of less than €50m or a balance sheet total of less than €43m.</p><p> </p><p>Information on UKEFs Bond Support Scheme has been included given that it was introduced specifically to support to smaller exporters, especially SMEs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 211332 211333 211334 211335 question first answered 27/10/2014 14:39:53 answering member 4070 label Biography information for Matt Hancock previous answer version 24212 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	1419 label Biography information for Ann McKechin

100084

registered interest
date	21/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	UK Export Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of successful applicants to the UK Export Finance export working capital scheme have been small to medium sized enterprises in each of the last five years.
tabling member constituency	Glasgow North
tabling member printed	Ann McKechin
uin	211332
answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>The table below shows the proportion, expressed as a percentage, of small and medium-sized enterprises (SMEs) of the total number of exporters UK Export Finance (UKEF) has supported broken down by UKEF product for the last five financial full years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2009/10</p></td><td><p>2010/11</p></td><td><p>2011/12</p></td><td><p>2012/13</p></td><td><p>2013/14</p></td></tr><tr><td><p>Buyer Credit</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>11%</p></td><td><p>7%</p></td></tr><tr><td><p>Bond Support Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>67%</p></td><td><p>78%</p></td><td><p>91%</p></td></tr><tr><td><p>Export Insurance Policy</p></td><td><p>20%</p></td><td><p>75%</p></td><td><p>75%</p></td><td><p>54%</p></td><td><p>63%</p></td></tr><tr><td><p>Export Working Capital Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>0%</p></td><td><p>83%</p></td><td><p>100%</p></td></tr><tr><td><p>Letter of Credit Guarantee Scheme</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>50%</p></td></tr><tr><td><p>Supplier Credit Facility</p></td><td><p>0%</p></td><td><p>50%</p></td><td><p>29%</p></td><td><p>33%</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>*Products launched in 2011/12</p><p> </p><p> </p><p> </p><p>SMEs are defined by the EU as companies that have fewer than 250 employees, and either a turnover of less than €50m or a balance sheet total of less than €43m.</p><p> </p><p>Information on UKEFs Bond Support Scheme has been included given that it was introduced specifically to support to smaller exporters, especially SMEs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 211331 211333 211334 211335 question first answered 27/10/2014 14:39:53 answering member 4070 label Biography information for Matt Hancock previous answer version 24211 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	1419 label Biography information for Ann McKechin

100151

registered interest
date	21/10/2014
answering body	Department for Energy and Climate Change
answering dept id	63
answering dept short name	Energy and Climate Change
answering dept sort name	Energy and Climate Change
hansard heading	Natural Gas: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the actual historical volatility of wholesale gas prices in each month since June 2010, given as the average deviation from the average price for each month.
tabling member constituency	Rutherglen and Hamilton West
tabling member printed	Tom Greatrex
uin	211350
answer	answer is ministerial correction date of answer 24/10/2014 answer text <p>We have not made such a calculation.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 24/10/2014 13:28:05 answering member 4070 label Biography information for Matt Hancock
tabling member	4047 label Biography information for Tom Greatrex

100152

registered interest
date	21/10/2014
answering body	Department for Energy and Climate Change
answering dept id	63
answering dept short name	Energy and Climate Change
answering dept sort name	Energy and Climate Change
hansard heading	Hinkley Point C Power Station
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the strike price for Hinkley Point C in October 2014 prices.
tabling member constituency	Rutherglen and Hamilton West
tabling member printed	Tom Greatrex
uin	211348
answer	answer is ministerial correction date of answer 24/10/2014 answer text <p>The Hinkley Point C strike price in 2012 prices is £89.50/MWh indexed to the Consumer Price Index. This price benefits from upfront reduction of £3/MWh built in on assumption that EdF will be able to share first of a kind costs of EPR reactors across Hinkley Point C and Sizewell C sites. If the final investment decision is not taken on Sizewell C, the Strike Price for Hinkley Point C will be £92.50/MWh in 2012 prices. The Department has not restated the strike price in October 2014 prices.</p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 24/10/2014 13:29:44 answering member 4070 label Biography information for Matt Hancock
tabling member	4047 label Biography information for Tom Greatrex

100154

registered interest
date	21/10/2014
answering body	Department for Energy and Climate Change
answering dept id	63
answering dept short name	Energy and Climate Change
answering dept sort name	Energy and Climate Change
hansard heading	Electricity: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the wholesale price for electricity in each month since June 2010.
tabling member constituency	Rutherglen and Hamilton West
tabling member printed	Tom Greatrex
uin	211352
answer	answer is ministerial correction date of answer 24/10/2014 answer text <p>The Department does not make its own estimates of wholesale prices for electricity. We typically source market data from sources such as from Marex Spectron.</p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 24/10/2014 13:30:35 answering member 4070 label Biography information for Matt Hancock
tabling member	4047 label Biography information for Tom Greatrex

100157

registered interest
date	21/10/2014
answering body	Department for Energy and Climate Change
answering dept id	63
answering dept short name	Energy and Climate Change
answering dept sort name	Energy and Climate Change
hansard heading	Energy: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the likely total allocation from the levy control framework for (a) feed in tariffs, (b) renewables obligations and (c) projects agreed under the final investment decision-enabling process in each year from 2015 to 2021.
tabling member constituency	Rutherglen and Hamilton West
tabling member printed	Tom Greatrex
uin	211400
answer	answer is ministerial correction date of answer 24/10/2014 answer text <p>The projected allocation from the levy control framework for feed in tariffs, the renewables obligation and projects agreed under the final investment decision-enabling process in financial years from 2015/16 to 2020/21 <del class="ministerial">will be</del> <ins class="ministerial">is expected to be</ins> published in an annex (‘DECC’s Consumer Funded Policies – a report to Parliament’) to the Annual Energy Statement.</p><p>Publication of the Annual Energy Statement is expected in Autumn 2014.</p><p> </p><p> </p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 24/10/2014 13:35:38 question first ministerially corrected 28/10/2014 16:37:54 answering member 4070 label Biography information for Matt Hancock previous answer version 24144 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	4047 label Biography information for Tom Greatrex

100158

registered interest
date	21/10/2014
answering body	Department for Energy and Climate Change
answering dept id	63
answering dept short name	Energy and Climate Change
answering dept sort name	Energy and Climate Change
hansard heading	Electricity Generation: Fees and Charges
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy and Climate Change, what assessment he has made of the likely transmission cost per consumer in each regional distribution network area in each year from 2014 to 2022.
tabling member constituency	Rutherglen and Hamilton West
tabling member printed	Tom Greatrex
uin	211401
answer	answer is ministerial correction date of answer 24/10/2014 answer text <p>Ofgem regulates network expenditure through the price control processes, which set out how much the network companies can spend and what can be passed through to consumers over an eight-year period. Network costs are charged to network users on a cost reflective basis to ensure that the networks are built, maintained and operated in an economically efficient way.</p><p>DECC publishes average bill impacts. In March 2013, the Government published estimates of the impact of energy and climate change policies on energy prices and bills for 2013, 2020 and 2030:</p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/172923/130326_-_Price_and_Bill_Impacts_Report_Final.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/172923/130326_-_Price_and_Bill_Impacts_Report_Final.pdf</a>.</p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 24/10/2014 13:34:46 answering member 4070 label Biography information for Matt Hancock
tabling member	4047 label Biography information for Tom Greatrex

99775

registered interest
date	20/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	NHS: Transatlantic Trade and Investment Partnership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what assessment his Department has made of the potential effect of including the National Health Service in the negative list of exclusion for negotiations on the Transatlantic Trade and Investment partnership.
tabling member constituency	Edinburgh South
tabling member printed	Ian Murray
uin	211053
answer	answer is ministerial correction date of answer 23/10/2014 answer text <p>The Transatlantic Trade and Investment Partnership (TTIP) will not change the fact that it is up to UK Government alone to decide how UK public services, including the NHS, are run. The UK has insisted on maintaining the same safeguards for the NHS in TTIP as it has in all recent trade agreements.</p><p> </p><p> </p><p> </p><p>This position was confirmed by the European Commission</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 23/10/2014 17:00:03 answering member 4070 label Biography information for Matt Hancock previous answer version 24061 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	3966 label Biography information for Ian Murray

99777

registered interest
date	20/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Arms Trade: Exports
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what his Department's policy is on reviewing export licences to a country where defence equipment supplied by UK firms has previously been used for internal repression.
tabling member constituency	Birmingham, Hall Green
tabling member printed	Mr Roger Godsiff
uin	211054
answer	answer is ministerial correction date of answer 24/10/2014 answer text <p>The UK aims to operate one of the most rigorous and transparent export control systems in the world. All export licence applications are rigorously assessed on a case-by-case basis against the Consolidated EU and National Arms Export Licensing Criteria, taking into account all prevailing circumstances at the time of application. In particular, Criterion Two concerns the ‘respect for human rights and fundamental freedoms in the country of final destination as well as respect by that country for international humanitarian law’. The Government will not issue an export licence if there is a clear risk that the proposed export might be used for internal repression.</p><p> </p><p> </p><p> </p><p>Export licences are kept under review in the light of changing international circumstances. A cross-government mechanism can suspend or revoke extant licences when a changing situation, such as an outbreak of conflict or acts of internal repression, means the licence would no longer be consistent with the Consolidated Criteria.</p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 24/10/2014 06:57:14 answering member 4070 label Biography information for Matt Hancock previous answer version 24060 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	304 label Biography information for Mr Roger Godsiff

99779

registered interest
date	20/10/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Interest Rate Hedging Products
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what recent discussions he has had with the Financial Conduct Authority on the interest rate swap redress scheme.
tabling member constituency	Aberconwy
tabling member printed	Guto Bebb
uin	211066
answer	answer is ministerial correction date of answer 27/10/2014 answer text <p>We have asked the Chief Executive of the Financial Conduct Authority (FCA) for an assurance that redress offers which take the form of a substitute hedging product are only being offered where it is fair and reasonable to do so. In response, the FCA has said that robust oversight and challenge processes are in place to ensure that this is the case and that a replacement product offer can only be made if an independent reviewer is satisfied that there is sufficient evidence to support the decision.</p><p>In addition, my officials liaise regularly with the FCA to draw the regulator’s attention to swaps redress cases that have been raised with the department where we think this is justified.</p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 27/10/2014 14:15:56 answering member 4070 label Biography information for Matt Hancock
tabling member	3910 label Biography information for Guto Bebb