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1091615

registered interest
date	19/03/2019
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Company Voluntary Arrangements
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what plans they have, if any, to assess whether Company Voluntary Arrangements effectively protect the economic interests of HMRC, and those of creditors and property owners.
tabling member printed	Lord Myners
uin	HL14661
answer	answer is ministerial correction date of answer 27/03/2019 answer text <p>Company voluntary arrangements are a valuable part of the restructuring framework and the Government does not intend to conduct a review of them at this time. A company voluntary arrangement allows a financially distressed company to restructure its debts and avoid liquidation or administration. Approval of more than 75% of creditors is required to pass a company voluntary arrangement and any creditor may still apply to court if it feels its interests are being unfairly prejudiced, this provides an important safeguard for creditors, including HMRC and property owners.</p> answering member printed Lord Henley question first answered 27/03/2019 15:25:44 answering member 2616 label Biography information for Lord Henley
tabling member	3869 label Biography information for Lord Myners

1091617

registered interest
date	19/03/2019
answering body	Cabinet Office
answering dept id	53
answering dept short name	Cabinet Office
answering dept sort name	Cabinet Office
hansard heading	Government Efficiency Review
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what plans they have, if any, to assess the financial benefits to UK taxpayers that have resulted from the Green Review of public sector procurement, published in October 2010.
tabling member printed	Lord Myners
uin	HL14662
answer	answer is ministerial correction date of answer 26/03/2019 answer text <p>Responding to the findings of the Green Review, HMG took steps to increase efficiency across Government. This included work to enable the UK public sector to get better value from its procurement of common goods and services which is now being taken forward by the Crown Commercial Service.</p><p><strong> </strong></p><p>The Government has published details of savings made through efficiency and reform each year since 2010. The most up-to-date figures are contained in the Crown Commercial Service 2017-18 Annual Report which details £354 million in commercial benefits including savings for central government and £247 million for the wider public sector in that financial year.</p><p> </p> answering member printed Lord Young of Cookham question first answered 26/03/2019 16:49:29 answering member 57 label Biography information for Lord Young of Cookham
tabling member	3869 label Biography information for Lord Myners

1091618

registered interest
date	19/03/2019
answering body	Cabinet Office
answering dept id	53
answering dept short name	Cabinet Office
answering dept sort name	Cabinet Office
hansard heading	Honours Forfeiture Committee
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government when the Honours Forfeiture Committee is next due to meet.
tabling member printed	Lord Myners
uin	HL14663
answer	answer is ministerial correction date of answer 28/03/2019 answer text <p>We expect the next meeting to be held over the summer.</p> answering member printed Lord Young of Cookham question first answered 28/03/2019 17:26:09 answering member 57 label Biography information for Lord Young of Cookham
tabling member	3869 label Biography information for Lord Myners

1083777

registered interest
date	07/03/2019
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	Seaborne Freight
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government, further to the Written Answer by Baroness Sugg on 6 March (HL14064), whether conversations involving officials and Arklow Shipping took place before the Department for Transport entered into an agreement or signed heads of forms with Seaborne Freight.
tabling member printed	Lord Myners
uin	HL14340
answer	answer is ministerial correction date of answer 20/03/2019 answer text <p>Support from Arklow formed part of the conditions precedent to the contract. Information from Arklow was provided in accordance with the condition of the initial agreement.</p><p> </p> answering member printed Baroness Sugg question first answered 20/03/2019 14:38:25 answering member 4584 label Biography information for Baroness Sugg
tabling member	3869 label Biography information for Lord Myners

1082430

registered interest
date	05/03/2019
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	Monarch Airlines: Insolvency
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government, further to the Written Answer by Baroness Sugg on 28 February (HL13791), how much of the cost to the taxpayer of repatriating customers of Monarch airlines to the UK has been met by the owners or associates, including Greybull Capital, of the airline.
tabling member printed	Lord Myners
uin	HL14267
answer	answer is ministerial correction date of answer 12/03/2019 answer text <p>To date the Government has not received any payment from Greybull or Monarch’s investors. The administration of the Monarch group of companies continues and the Government is finalising contributions from the travel industry. We are grateful for the companies that have contributed to the costs of repatriating their customers, demonstrating their corporate social responsibility.</p><p> </p><p>Following on from the experience of Monarch, the Secretary of State for Transport commissioned an independent Airline Insolvency Review which is expected to report by spring 2019.</p> answering member printed Baroness Sugg question first answered 12/03/2019 14:51:51 answering member 4584 label Biography information for Baroness Sugg
tabling member	3869 label Biography information for Lord Myners

1078291

registered interest
date	26/02/2019
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Food: Prices
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what plans the Department for Work and Pensions has to establish a hardship fund for those most affected by a rise in food prices as a result of Brexit.
tabling member printed	Lord Myners
uin	HL14063
answer	answer is ministerial correction date of answer 11/03/2019 answer text <p>The benefit system provides support for eligible claimants on low incomes or no incomes to claim for financial support for daily living expenses.</p><p>As part of the process to ensure our orderly exit, we continue to monitor the effects of Brexit on the economy. Leaving the EU with a deal remains the Government’s top priority. That is why we are redoubling our efforts to reach a negotiated deal that Parliament can support. As the Prime Minister has made clear, the best way forward is for the UK to leave the EU in an orderly way with a good deal and the Government is working to deliver legal certainty on the UK’s future relationship with the EU. Following our exit from the European Union, we are committed to maintaining a close and collaborative relationship with the EU.</p> answering member printed Baroness Buscombe question first answered 11/03/2019 17:18:40 answering member 3349 label Biography information for Baroness Buscombe
tabling member	3869 label Biography information for Lord Myners

1078292

registered interest
date	26/02/2019
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	Seaborne Freight
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government, further to the Written Answer by Baroness Sugg on 21 February (HL13660), whether any Ministers or officials have met representatives or agents of Arklow Shipping Limited in connection with Seaborne Freight.
tabling member printed	Lord Myners
uin	HL14064
answer	answer is ministerial correction date of answer 06/03/2019 answer text <p>There were a number of conversations involving officials and Arklow Shipping before it withdrew support, leading to termination of the Department’s contract with Seaborne.</p><p> </p> answering member printed Baroness Sugg question first answered 06/03/2019 11:48:56 answering member 4584 label Biography information for Baroness Sugg
tabling member	3869 label Biography information for Lord Myners

1077089

registered interest
date	25/02/2019
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Workplace Pensions
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether the withdrawal of credit insurance to a company sponsoring a pension fund with a large deficit requires approval by the Pensions Regulator.
tabling member printed	Lord Myners
uin	HL14009
answer	answer is ministerial correction date of answer 08/03/2019 answer text <p>The Pensions Regulator does not have jurisdiction over corporate business transactions, such as the withdrawal of credit insurance, and does not have the power to require insurance companies to seek approval before withdrawing insurance cover.</p><p> </p><p>The Pensions Regulator operates a voluntary clearance procedure to those who are considering transactions involving companies with defined benefit schemes. If clearance is not applied for and granted, the Regulator may exercise its anti-avoidance powers, if it considers that the transaction was aimed at avoiding a debt to the pension scheme. These powers can be applied up to six years after a transaction has taken place.</p><p> </p><p>Employers sponsoring defined benefit pension schemes are also required to notify the Regulator of certain prescribed events. These do not include the withdrawal of credit insurance but should the withdrawal of such insurance trigger a prescribed event, including insolvency, then the employer would be required to notify the Pensions Regulator.</p><p> </p><p>Defined benefit pension schemes also go through a valuation process every three years (tri-annual evaluation), comparing assets against liabilities, and the withdrawal of credit insurance might be identified by the Regulator as part of this process.</p> answering member printed Baroness Buscombe question first answered 08/03/2019 14:09:54 answering member 3349 label Biography information for Baroness Buscombe
tabling member	3869 label Biography information for Lord Myners

1063552

registered interest
date	18/02/2019
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	Flybmi: Insolvency
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what steps they have taken to repatriate UK passengers stranded overseas by the collapse of Flybmi; and whether they intend to take action to minimise the cost of such repatriations to the UK taxpayer.
tabling member printed	Lord Myners
uin	HL13790
answer	answer is ministerial correction date of answer 21/02/2019 answer text <p>The Department recognises that this is a disruptive time for passengers, and the government’s immediate priority is to support those affected.</p><p> </p><p>The Department of Transport is working closely with the Civil Aviation Authority (CAA) and the travel industry to ensure that the collapse of Flybmi is managed with minimal impact to affected passengers. Given the number of consumers affected, the CAA believes that there is sufficient capacity available in the market to repatriate passengers as necessary. The CAA has put in place comprehensive consumer advice to allow passengers to make their own travel arrangements. The majority of such passengers will be able to recover costs through their credit / debit card bookings, or from travel insurance. A significant number of affected passengers also hold tickets from other airlines who will be responsible for making alternative flights. The CAA has also received a strong positive response to its request to industry to make discounted rescue fares available, and details have been made available on the CAA website. These actions ensure that the cost of repatriation to the UK will not be borne by HMG and therefore UK taxpayers.</p> answering member printed Baroness Sugg question first answered 21/02/2019 16:13:45 answering member 4584 label Biography information for Baroness Sugg
tabling member	3869 label Biography information for Lord Myners

1063553

registered interest
date	18/02/2019
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	Monarch Airlines: Insolvency
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government how much progress has been made in recovering from the owners of Monarch Airlines the costs incurred by UK taxpayers in repatriating that airline’s passengers.
tabling member printed	Lord Myners
uin	HL13791
answer	answer is ministerial correction date of answer 28/02/2019 answer text <p>The Government has made good progress in recovering monies from a variety of sources including credit card companies and tour operators. We are grateful for the companies that have contributed to the costs of repatriating their customers, demonstrating their corporate social responsibility and encourage others to follow their example.</p><p> </p><p>In October 2017 we estimated that the total cost of the repatriation operation would be £60m. The actual cost of the repatriation operation is currently estimated to be about £50m and we do not expect this number to change significantly. Following on from the experience of Monarch, the Secretary of State for Transport commissioned an independent Airline Insolvency Review which is expected to report by spring 2019.</p> answering member printed Baroness Sugg question first answered 28/02/2019 13:34:53 answering member 4584 label Biography information for Baroness Sugg
tabling member	3869 label Biography information for Lord Myners