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1091615
registered interest false remove filter
date less than 2019-03-19more like thismore than 2019-03-19
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Company Voluntary Arrangements more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
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. more like this
tabling member printed
Lord Myners remove filter
uin HL14661 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-03-27more like thismore than 2019-03-27
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> more like this
answering member printed Lord Henley more like this
question first answered
less than 2019-03-27T15:25:44.843Zmore like thismore than 2019-03-27T15:25:44.843Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
3869
label Biography information for Lord Myners more like this
1091617
registered interest false remove filter
date less than 2019-03-19more like thismore than 2019-03-19
answering body
Cabinet Office more like this
answering dept id 53 more like this
answering dept short name Cabinet Office more like this
answering dept sort name Cabinet Office more like this
hansard heading Government Efficiency Review more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
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. more like this
tabling member printed
Lord Myners remove filter
uin HL14662 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-03-26more like thismore than 2019-03-26
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> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2019-03-26T16:49:29.097Zmore like thismore than 2019-03-26T16:49:29.097Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
3869
label Biography information for Lord Myners more like this
1077089
registered interest false remove filter
date less than 2019-02-25more like thismore than 2019-02-25
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Workplace Pensions more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
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. more like this
tabling member printed
Lord Myners remove filter
uin HL14009 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-03-08more like thismore than 2019-03-08
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 more like this
question first answered
less than 2019-03-08T14:09:54.71Zmore like thismore than 2019-03-08T14:09:54.71Z
answering member
3349
label Biography information for Baroness Buscombe more like this
tabling member
3869
label Biography information for Lord Myners more like this
1059216
registered interest false remove filter
date less than 2019-02-11more like thismore than 2019-02-11
answering body
Attorney General more like this
answering dept id 88 more like this
answering dept short name Attorney General more like this
answering dept sort name Attorney General more like this
hansard heading Sir Philip Green more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether Sir Phillip Green or any company, trust or other entity associated with him, has obtained an injunction against Her Majesty's Government or any government departments, agencies or public bodies since May 2010; if so, when any such injunction was granted; and when it was withdrawn. more like this
tabling member printed
Lord Myners remove filter
uin HL13602 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-02-21more like thismore than 2019-02-21
answer text <p>The Government Legal Department (GLD) conducts civil litigation on behalf of most government departments and many (but not all) executive agencies and non-departmental public bodies.</p><p>GLD has no record of any injunctions obtained by Sir Philip Green, or any entity known by GLD to be connected with him, against any of the departments, agencies or bodies to which GLD provides litigation services.</p> more like this
answering member printed Lord Keen of Elie more like this
question first answered
less than 2019-02-21T12:19:00.177Zmore like thismore than 2019-02-21T12:19:00.177Z
answering member
4538
label Biography information for Lord Keen of Elie more like this
tabling member
3869
label Biography information for Lord Myners more like this
1015865
registered interest false remove filter
date less than 2018-11-27more like thismore than 2018-11-27
answering body
Department for Exiting the European Union more like this
answering dept id 203 more like this
answering dept short name Exiting the European Union more like this
answering dept sort name Exiting the European Union more like this
hansard heading Brexit: Referendums more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether they support a second referendum on Brexit. more like this
tabling member printed
Lord Myners remove filter
uin HL11861 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-12-13more like thismore than 2018-12-13
answer text <p>After a period of sustained public debate, a clear majority of the electorate voted to leave the EU in June 2016 with the highest number of votes cast for anything in UK electoral history. We must respect both the will of the British people, and the democratic process which delivered this result. As such, it is a matter of Government policy that there will not be a second referendum on our exit from the EU.</p><p /> <p> </p> more like this
answering member printed Lord Callanan more like this
question first answered
less than 2018-12-13T13:39:15.667Zmore like thismore than 2018-12-13T13:39:15.667Z
answering member
4336
label Biography information for Lord Callanan more like this
tabling member
3869
label Biography information for Lord Myners more like this
1015866
registered interest false remove filter
date less than 2018-11-27more like thismore than 2018-11-27
answering body
Department for Exiting the European Union more like this
answering dept id 203 more like this
answering dept short name Exiting the European Union more like this
answering dept sort name Exiting the European Union more like this
hansard heading Brexit: Parliamentary Scrutiny more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government under what circumstances they would seek a second vote in the House of Commons on their Brexit proposals if they lose the meaningful vote. more like this
tabling member printed
Lord Myners remove filter
uin HL11862 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-12-13more like thismore than 2018-12-13
answer text <p>If the House of Commons votes against the withdrawal agreement and future framework, the provisions of section 13(4) of the European Union (Withdrawal) Act 2018 will apply. This would require a Minister of the Crown, within the period of 21 calendar days beginning with the day on which the House of Commons decides not to pass the resolution, to make a statement setting out how Her Majesty’s Government proposed to proceed in relation to negotiations for the United Kingdom’s withdrawal from the EU under Article 50(2) of the Treaty on European Union.</p><p> </p> more like this
answering member printed Lord Callanan more like this
question first answered
less than 2018-12-13T15:22:30.237Zmore like thismore than 2018-12-13T15:22:30.237Z
answering member
4336
label Biography information for Lord Callanan more like this
tabling member
3869
label Biography information for Lord Myners more like this
1005633
registered interest false remove filter
date less than 2018-11-12more like thismore than 2018-11-12
answering body
Attorney General more like this
answering dept id 88 more like this
answering dept short name Attorney General more like this
answering dept sort name Attorney General more like this
hansard heading Brexit: Northern Ireland more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether they intend to publish the legal advice prepared by the Attorney General for the Prime Minister on the Irish backstop proposals for the Brexit negotiations; whether the full advice was made available to members of the Cabinet; and if not, why not. more like this
tabling member printed
Lord Myners remove filter
uin HL11404 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-26more like thismore than 2018-11-26
answer text <p>The Government recognises the legitimate desire in Parliament, from Members on all sides and in both Houses, to understand the legal implications of the final Withdrawal Agreement. The Government will therefore make available to all members of Parliament a full, reasoned position statement, setting out the Government’s agreed legal position on the Agreement, including the Irish backstop proposals. The Attorney will also make a statement to the House of Commons and take questions. This will help to ensure Parliament has all appropriate information ahead of the vote on the final deal.</p><p> </p><p>We expect the Attorney General’s statement to be repeated in the Lords, with questions.</p> more like this
answering member printed Lord Keen of Elie more like this
question first answered
less than 2018-11-26T13:40:39.573Zmore like thismore than 2018-11-26T13:40:39.573Z
answering member
4538
label Biography information for Lord Keen of Elie more like this
tabling member
3869
label Biography information for Lord Myners more like this
825303
registered interest false remove filter
date less than 2018-01-17more like thismore than 2018-01-17
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Carillion: Insolvency more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether they will commit to publish the report of the Insolvency Service into the failure of Carillion. more like this
tabling member printed
Lord Myners remove filter
uin HL4836 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-01-25more like thismore than 2018-01-25
answer text <p>Once the investigation is complete, the Government will consider what detail it is appropriate to publish having full regard to any legal restrictions on publication, and also the legitimate public interest in the cause of Carillion’s failure.</p> more like this
answering member printed Lord Henley more like this
question first answered
less than 2018-01-25T12:03:23.593Zmore like thismore than 2018-01-25T12:03:23.593Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
3869
label Biography information for Lord Myners more like this
824015
registered interest false remove filter
date less than 2018-01-16more like thismore than 2018-01-16
answering body
Cabinet Office more like this
answering dept id 53 more like this
answering dept short name Cabinet Office more like this
answering dept sort name Cabinet Office more like this
hansard heading Carillion: Insolvency more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what is their definition of the term “public sector contracts” which they are using in connection with employees of Carillion; and whether that definition includes (1) Private Finance Initiative contracts, (2) other types of public-private partnerships, and (3) work for non-departmental public bodies. more like this
tabling member printed
Lord Myners remove filter
uin HL4760 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-01-29more like thismore than 2018-01-29
answer text <p>The relevant Carillion contracts are those drawn up under the Public Contracts regulations 2015. These are set out in the Regulations to ensure consistency of understanding and interpretation and be found at: <a href="http://www.legislation.gov.uk/uksi/2015/102/contents/made" target="_blank">http://www.legislation.gov.uk/uksi/2015/102/contents/made</a></p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2018-01-29T17:26:15.813Zmore like thismore than 2018-01-29T17:26:15.813Z
answering member
57
label Biography information for Lord Young of Cookham more like this
attachment
1
file name Public procurement contracts regulations 2015 .pdf more like this
title Public procurement contracts regulations 2015 more like this
tabling member
3869
label Biography information for Lord Myners more like this
808759
registered interest false remove filter
date less than 2017-12-18more like thismore than 2017-12-18
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Audit more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what assessment they have made of the concentration of the auditing profession; and whether any such concentration is eroding confidence in audits. more like this
tabling member printed
Lord Myners remove filter
uin HL4283 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-12-22more like thismore than 2017-12-22
answer text <p>The Competition and Markets Authority launched an investigation into competition in the audit market for companies in the FTSE 350 in 2011. It published its conclusions in 2013. The report is available at <a href="http://www.gov.uk/cma-cases/statutory-audit-services-market-investigation" target="_blank">www.gov.uk/cma-cases/statutory-audit-services-market-investigation</a> and can be found attached.</p><p> </p><p>The new EU Audit Regulation requires the competent authority for each Member State to monitor the audit market for all <em>Public Interest Entities </em>(banks, building societies, insurers and companies with securities traded on an EU regulated market). As the UK competent authority, the Financial Reporting Council (FRC) publishes its findings in its annual <em>Key Facts and Trends</em>. It also publishes an annual report on <em>Developments in Audit. </em>Both are available on the FRC’s website, as are annual reports on the quality of audits by each of the six largest audit firms.</p><p> </p><p>This information is used to contribute each to a triennial report by the European Commission on monitoring developments in the EU market for statutory audit services to public-interest entities pursuant to Article 27 of the new EU Audit Regulation. The 2017 report can be accessed at <a href="https://ec.europa.eu/info/publications/170907-statutory-audit-services-report_en" target="_blank">https://ec.europa.eu/info/publications/170907-statutory-audit-services-report_en</a> and can be found attached.</p>
answering member printed Lord Henley more like this
attachment
1
file name CELEX_52017DC0464_EN_TXT.pdf more like this
title EU audit report more like this
2
file name 131016_final_report.pdf more like this
title CMA audit report more like this
question first answered
less than 2017-12-22T12:20:38.277Zmore like thismore than 2017-12-22T12:20:38.277Z
answering member
2616
label Biography information for Lord Henley more like this
tabling member
3869
label Biography information for Lord Myners more like this