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677395

registered interest
date	23/01/2017
answering body	Cabinet Office
answering dept id	53
answering dept short name	Cabinet Office
answering dept sort name	Cabinet Office
hansard heading	Macquarie Group
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether any former employees of Macquarie are acting as special advisers, or in an advisory capacity, in (1) Downing Street, (2) the Cabinet Office, or (3) the Department for Business, Energy and Industrial Strategy.
tabling member printed	Lord Myners
uin	HL4861
answer	answer is ministerial correction date of answer 31/01/2017 answer text <p>The information requested is not held centrally and could only be obtained at disproportionate cost.</p> answering member printed Lord Young of Cookham question first answered 31/01/2017 15:53:53 answering member 57 label Biography information for Lord Young of Cookham
tabling member	3869 label Biography information for Lord Myners

603971

registered interest
date	17/10/2016
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	Motor Vehicles: UK Trade with EU
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they will disclose the proposals made by the Prime Minister to Renault Nissan concerning protecting new investment in Sunderland from the impact of potential EU tariffs; and whether similar protection will be offered to other motor vehicle manufacturers, component suppliers and firms that compete with Renault Nissan for capital, labour and land.
tabling member printed	Lord Myners
uin	HL2367
answer	answer is ministerial correction date of answer 25/10/2016 answer text <p>The Government is in close contact with Nissan, as it is with the sector more broadly. It will be a priority of Government negotiations to support all UK based car manufacturers and ensure that their ability to export to and from the EU is not adversely affected by the UK's future relationship with the EU. However, we do not provide a running commentary on our discussions with individual companies.</p><p> </p> answering member printed Baroness Neville-Rolfe question first answered 25/10/2016 15:14:58 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	3869 label Biography information for Lord Myners

592910

registered interest
date	03/10/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Financial Services: Marketing
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what plans they have to restrict the advertising and promotion of primary option trading and investment to retail investors in the UK by firms based in Cyprus and Malta.
tabling member printed	Lord Myners
uin	HL2036
answer	answer is ministerial correction date of answer 17/10/2016 answer text <p>The government takes this issue very seriously.</p><p> </p><p>The government will introduce measures to strengthen investor protection when it transposes the Markets in Financial Instruments Directive II (MiFID II).</p><p> </p><p>This will include powers for the Financial Conduct Authority (FCA) to prohibit or restrict the marketing, distribution or sale of financial instruments, including relevant binary options where there are significant investor protection concerns.</p><p> </p><p>These powers will apply from 3 January 2018.</p> answering member printed Lord Young of Cookham question first answered 17/10/2016 12:36:00 answering member 57 label Biography information for Lord Young of Cookham
tabling member	3869 label Biography information for Lord Myners

541740

registered interest
date	21/07/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	ARM: SoftBank
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they have secured any commitments from SoftBank to avoid taking action through royalty payments or increased borrowing costs that would reduce or eliminate corporation tax payments made by ARM Holdings.
tabling member printed	Lord Myners
uin	HL1417
answer	answer is ministerial correction date of answer 29/07/2016 answer text <p>The government is committed to ensuring that corporation tax applies to profits generated from UK activities. It has taken a number of steps at both a domestic and international level to achieve this, including recently announced measures to protect the UK tax base from the payment of interest and royalties to overseas companies.</p><p>The government is not able to comment on how these steps will apply to individual taxpayers.</p><p> </p> answering member printed Lord O'Neill of Gatley question first answered 29/07/2016 12:20:27 answering member 4536 label Biography information for Lord O'Neill of Gatley
tabling member	3869 label Biography information for Lord Myners

541206

registered interest
date	20/07/2016
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	ARM: SoftBank
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they consulted experts in the field before publicly welcoming the acquisition of ARM Holdings by SoftBank, and whether they would similarly welcome a rival bid from an international private equity investor.
tabling member printed	Lord Myners
uin	HL1369
answer	answer is ministerial correction date of answer 04/08/2016 answer text <p>SoftBank has made it clear that it intends to invest in ARM, keep its HQ in the UK, and at least double the employee headcount in the UK. The Government welcomes this. No rival bids for ARM have so far been made.</p> answering member printed Baroness Neville-Rolfe question first answered 04/08/2016 12:20:55 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	3869 label Biography information for Lord Myners

541207

registered interest
date	20/07/2016
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	ARM: SoftBank
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government how they propose to enforce the commitments they have obtained from SoftBank in connection with employment and the location of the headquarters of ARM Holdings.
tabling member printed	Lord Myners
uin	HL1370
answer	answer is ministerial correction date of answer 30/08/2016 answer text <p>The Takeover Panel is responsible for enforcing the post offer undertakings given by SoftBank under the terms of the Takeover Code. Grant Thornton LLP has been appointed as an independent supervisor under the Code to monitor compliance with the undertakings. The Takeover Panel can require SoftBank to submit written progress reports in such form and as frequently as it requires and can take disciplinary action if the undertakings are not fulfilled. The Department for Business, Energy and Industrial Strategy will continue to monitor developments.</p> answering member printed Baroness Neville-Rolfe question first answered 30/08/2016 13:25:30 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	3869 label Biography information for Lord Myners

541208

registered interest
date	20/07/2016
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	Foreign Companies: Takeovers
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they plan to introduce legislation restricting the acquisition of key UK companies by foreign investors while they consider their industrial strategy.
tabling member printed	Lord Myners
uin	HL1371
answer	answer is ministerial correction date of answer 15/08/2016 answer text <p>As we build an economy that works for all, the Government will keep the law on takeovers under constant review.</p> answering member printed Baroness Neville-Rolfe question first answered 15/08/2016 12:25:07 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	3869 label Biography information for Lord Myners

541209

registered interest
date	20/07/2016
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	ARM: SoftBank
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what powers they have to review the financial capacity of SoftBank to support ARM Holdings, and in particular whether they can require a further injection of capital into ARM Holdings before any takeover occurs.
tabling member printed	Lord Myners
uin	HL1372
answer	answer is ministerial correction date of answer 12/08/2016 answer text <p>It is for the parties to the proposed transaction to consider their relative positions in compliance with the Takeover Code. The board of the target company must take independent advice on the offer, and evaluate its effects on the company’s interests, before giving the board’s opinion to shareholders.</p> answering member printed Baroness Neville-Rolfe question first answered 12/08/2016 08:33:57 answering member 4284 label Biography information for Baroness Neville-Rolfe
tabling member	3869 label Biography information for Lord Myners

535605

registered interest
date	12/07/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Annuities
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they are considering requiring the providers of pension annuities to increase the rate at which they calculate benefits.
tabling member printed	Lord Myners
uin	HL1152
answer	answer is ministerial correction date of answer 25/07/2016 answer text <p>Annuity rates are set by individual providers and can vary in line with market conditions. The amount of income an individual gets each year from an annuity depends on a variety of factors including how much they had in their pension pot when they bought the annuity, whether they are seeking a joint annuity, and their age, health and lifestyle.</p><p> </p><p>As a result of this government’s pensions reforms, individuals aged 55 and over with a defined contribution pension are now able to make their own choice about how to use their pension savings. The Government’s Pension Wise service provides free, impartial guidance to help people understand their options.</p> answering member printed Lord O'Neill of Gatley question first answered 25/07/2016 08:48:15 answering member 4536 label Biography information for Lord O'Neill of Gatley
tabling member	3869 label Biography information for Lord Myners

516984

registered interest
date	03/05/2016
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	British Home Stores: Pensions
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they will review, or charge others to review, the performance of the trustees of the BHS pension schemes, and whether the current trustees are fit and proper to continue performing that role at BHS and other pension schemes.
tabling member printed	Lord Myners
uin	HL8139
answer	answer is ministerial correction date of answer 12/05/2016 answer text <p>The investigation into the BHS pension schemes, including the role of the trustees, is a matter for the independent Pensions Regulator.</p><p> </p><p> </p><p>The actions of the trustees and competence of the trustees are among the issues that we would expect the Regulator to be considering as part of its investigations.</p> answering member printed Baroness Altmann question first answered 12/05/2016 10:03:40 answering member 4533 label Biography information for Baroness Altmann
tabling member	3869 label Biography information for Lord Myners