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1696741

registered interest
date	18/03/2024
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	Living Wage
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, whether she (a) is taking and (b) plans to take steps to encourage businesses to pay the real living wage.
tabling member constituency	Mitcham and Morden
tabling member printed	Dame Siobhain McDonagh
uin	18959
answer	answer is ministerial correction date of answer 25/03/2024 answer text <p>The National Living Wage (NLW) will increase to £11.44 on 1 April and be extended to workers over 21. It is reaching two-thirds of median earnings, meeting our commitment to end low hourly pay for those eligible.</p><p>The Government commends employers who are able to go beyond the legal minimum. However, the ability to do so varies across sector and region.</p><p>Unlike other voluntary rates of pay, the statutory NLW is based on the advice of the Low Pay Commission, which takes into account the impact on business and the wider economy, as well as the living standards of workers.</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 25/03/2024 16:51:24 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	193 label Biography information for Dame Siobhain McDonagh

1681812

registered interest
date	12/01/2024
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	Mrs Wordsmith: Future Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, when the Future Fund provided funds to Mrs Wordsmith; and how much those funds were.
tabling member constituency	Mitcham and Morden
tabling member printed	Siobhain McDonagh
uin	9316
answer	answer is ministerial correction date of answer 19/01/2024 answer text <p>The Department is unable to provide information relating to loan amounts for individual companies as this information is commercially sensitive for both investors and investee businesses.</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 19/01/2024 16:00:08 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	193 label Biography information for Dame Siobhain McDonagh