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64885
registered interest false more like this
date less than 2014-07-01more like thismore than 2014-07-01
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Higher Education: Research more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what proportion of research and development contracts undertaken by publicly-funded universities for private companies are covered by clauses that prohibit the publication of the research and development results on grounds of commercial confidentiality; and what proportion of such contracts are undertaken in facilities paid for by the public purse. more like this
tabling member constituency Newport West more like this
tabling member printed
Paul Flynn more like this
uin 203269 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-08more like thismore than 2014-07-08
answer text <p>The Higher Education-Business and Community Interaction survey showed that contract research from business carried out by Higher Education Institutions (HEIs) amounted to £441m in 12-13. However, information is not held on the precise terms of these contracts or the physical locations in which they are fulfilled.</p><p>Where an HEI is in receipt of research grants from the science budget and HE funding bodies, a requirement of the funding is that the outcomes are made publicly available, although HEIs are also encouraged to secure necessary intellectual property protection to enable subsequent exploitation. The Government is also implementing a policy of “Open Access” to the published findings of this publicly funded research. In the case of research consultancy, where the research is entirely funded by business, then the outcome would normally be owned by the business.</p><p>Government is committed to ensure the application of research and getting universities and business working more closely together. World Economic Forum evaluation now ranks UK among the top 5 in the world for university-industry collaboration in R&amp;D. Individual institutions have obligations under State Aid regulations and under their Charity status to ensure that their contract work with business is managed appropriately.</p>
answering member constituency Havant more like this
answering member printed Mr David Willetts more like this
question first answered
less than 2014-07-08T16:07:18.8102067Zmore like thismore than 2014-07-08T16:07:18.8102067Z
answering member
53
label Biography information for Lord Willetts more like this
tabling member
545
label Biography information for Paul Flynn remove filter
64272
registered interest false more like this
date less than 2014-06-26more like thismore than 2014-06-26
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Financial Conduct Authority more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, which powers and responsibilities the Financial Conduct Authority has not inherited from the Office of Fair Trading; and which financial regulatory body has inherited each such power and responsibility. more like this
tabling member constituency Newport West more like this
tabling member printed
Paul Flynn more like this
uin 202724 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-03more like thismore than 2014-07-03
answer text <p>The Government has fundamentally reformed regulation of the consumer credit market. The transfer of regulatory responsibility for consumer credit from the Office of Fair Trading (OFT) to the Financial Conduct Authority (FCA) took effect in April. The FCA has stronger powers and is far better equipped to protect consumers than the OFT.</p><p> </p><p>Wonga has voluntarily agreed to pay compensation totaling more than £2.6m to around 45,000 customers in relation to unfair debt collection practices between 2008 and 2010. The requirement agreed by Wonga is available at <a href="http://www.fca.org.uk/your-fca/documents/requirement-notices/wonga-group-limited-vreq" target="_blank">http://www.fca.org.uk/your-fca/documents/requirement-notices/wonga-group-limited-vreq</a>. Had Wonga not agreed, the FCA could have used its powers to impose requirements. Wonga will appoint a skilled person (as specified under section 166 of the Financial Services and Markets Act 2000) to ensure that affected customers receive appropriate compensation.</p><p> </p><p>More generally, the Government has ensured that the FCA has inherited the OFT's powers (both criminal and regulatory) in relation to misconduct which occurred before 1 April 2014, as well as considerably strengthening the FCA's powers in relation to misconduct which occurs under the new regulatory regime.</p><p> </p><p>The FCA has the same powers as the OFT had to investigate and prosecute offences under the Consumer Credit Act 1974.</p><p> </p><p> </p><p>The FCA has also inherited the OFT's power to fine, although the OFT's power to fine under the Consumer Credit Act was limited to fining a firm for breaches of a requirement imposed by the OFT (and the maximum penalty in this regard was £50,000). The Government has already strengthened the new regime by giving the FCA the ability to impose unlimited fines for breaches of regulatory requirements that take place after 1 April 2014.</p>
answering member constituency South Northamptonshire more like this
answering member printed Andrea Leadsom more like this
grouped question UIN
202688 more like this
202725 more like this
202726 more like this
question first answered
less than 2014-07-03T15:49:59.5211979Zmore like thismore than 2014-07-03T15:49:59.5211979Z
answering member
4117
label Biography information for Andrea Leadsom more like this
tabling member
545
label Biography information for Paul Flynn remove filter
64273
registered interest false more like this
date less than 2014-06-26more like thismore than 2014-06-26
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Financial Conduct Authority more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, if he will review the scope of the consumer credit regulatory powers of the Financial Conduct Authority. more like this
tabling member constituency Newport West more like this
tabling member printed
Paul Flynn more like this
uin 202725 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-03more like thismore than 2014-07-03
answer text <p>The Government has fundamentally reformed regulation of the consumer credit market. The transfer of regulatory responsibility for consumer credit from the Office of Fair Trading (OFT) to the Financial Conduct Authority (FCA) took effect in April. The FCA has stronger powers and is far better equipped to protect consumers than the OFT.</p><p> </p><p>Wonga has voluntarily agreed to pay compensation totaling more than £2.6m to around 45,000 customers in relation to unfair debt collection practices between 2008 and 2010. The requirement agreed by Wonga is available at <a href="http://www.fca.org.uk/your-fca/documents/requirement-notices/wonga-group-limited-vreq" target="_blank">http://www.fca.org.uk/your-fca/documents/requirement-notices/wonga-group-limited-vreq</a>. Had Wonga not agreed, the FCA could have used its powers to impose requirements. Wonga will appoint a skilled person (as specified under section 166 of the Financial Services and Markets Act 2000) to ensure that affected customers receive appropriate compensation.</p><p> </p><p>More generally, the Government has ensured that the FCA has inherited the OFT's powers (both criminal and regulatory) in relation to misconduct which occurred before 1 April 2014, as well as considerably strengthening the FCA's powers in relation to misconduct which occurs under the new regulatory regime.</p><p> </p><p>The FCA has the same powers as the OFT had to investigate and prosecute offences under the Consumer Credit Act 1974.</p><p> </p><p> </p><p>The FCA has also inherited the OFT's power to fine, although the OFT's power to fine under the Consumer Credit Act was limited to fining a firm for breaches of a requirement imposed by the OFT (and the maximum penalty in this regard was £50,000). The Government has already strengthened the new regime by giving the FCA the ability to impose unlimited fines for breaches of regulatory requirements that take place after 1 April 2014.</p>
answering member constituency South Northamptonshire more like this
answering member printed Andrea Leadsom more like this
grouped question UIN
202688 more like this
202724 more like this
202726 more like this
question first answered
less than 2014-07-03T15:49:59.2987757Zmore like thismore than 2014-07-03T15:49:59.2987757Z
answering member
4117
label Biography information for Andrea Leadsom more like this
tabling member
545
label Biography information for Paul Flynn remove filter
64274
registered interest false more like this
date less than 2014-06-26more like thismore than 2014-06-26
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Wonga more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what requirement will be placed on Wonga to track down the address of each customer due financial compensation for unfair and misleading debt collection practices. more like this
tabling member constituency Newport West more like this
tabling member printed
Paul Flynn more like this
uin 202726 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-03more like thismore than 2014-07-03
answer text <p>The Government has fundamentally reformed regulation of the consumer credit market. The transfer of regulatory responsibility for consumer credit from the Office of Fair Trading (OFT) to the Financial Conduct Authority (FCA) took effect in April. The FCA has stronger powers and is far better equipped to protect consumers than the OFT.</p><p> </p><p>Wonga has voluntarily agreed to pay compensation totaling more than £2.6m to around 45,000 customers in relation to unfair debt collection practices between 2008 and 2010. The requirement agreed by Wonga is available at <a href="http://www.fca.org.uk/your-fca/documents/requirement-notices/wonga-group-limited-vreq" target="_blank">http://www.fca.org.uk/your-fca/documents/requirement-notices/wonga-group-limited-vreq</a>. Had Wonga not agreed, the FCA could have used its powers to impose requirements. Wonga will appoint a skilled person (as specified under section 166 of the Financial Services and Markets Act 2000) to ensure that affected customers receive appropriate compensation.</p><p> </p><p>More generally, the Government has ensured that the FCA has inherited the OFT's powers (both criminal and regulatory) in relation to misconduct which occurred before 1 April 2014, as well as considerably strengthening the FCA's powers in relation to misconduct which occurs under the new regulatory regime.</p><p> </p><p>The FCA has the same powers as the OFT had to investigate and prosecute offences under the Consumer Credit Act 1974.</p><p> </p><p> </p><p>The FCA has also inherited the OFT's power to fine, although the OFT's power to fine under the Consumer Credit Act was limited to fining a firm for breaches of a requirement imposed by the OFT (and the maximum penalty in this regard was £50,000). The Government has already strengthened the new regime by giving the FCA the ability to impose unlimited fines for breaches of regulatory requirements that take place after 1 April 2014.</p>
answering member constituency South Northamptonshire more like this
answering member printed Andrea Leadsom more like this
grouped question UIN
202688 more like this
202724 more like this
202725 more like this
question first answered
less than 2014-07-03T15:49:59.6354425Zmore like thismore than 2014-07-03T15:49:59.6354425Z
answering member
4117
label Biography information for Andrea Leadsom more like this
tabling member
545
label Biography information for Paul Flynn remove filter
64279
registered interest false more like this
date less than 2014-06-26more like thismore than 2014-06-26
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Financial Conduct Authority more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, if he will bring foward legislative proposals to amend the statutory powers of the Financial Conduct Authority (FCA) to permit the FCA to investigate alleged illegal actions undertaken before its creation. more like this
tabling member constituency Newport West more like this
tabling member printed
Paul Flynn more like this
uin 202688 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-03more like thismore than 2014-07-03
answer text <p>The Government has fundamentally reformed regulation of the consumer credit market. The transfer of regulatory responsibility for consumer credit from the Office of Fair Trading (OFT) to the Financial Conduct Authority (FCA) took effect in April. The FCA has stronger powers and is far better equipped to protect consumers than the OFT.</p><p> </p><p>Wonga has voluntarily agreed to pay compensation totaling more than £2.6m to around 45,000 customers in relation to unfair debt collection practices between 2008 and 2010. The requirement agreed by Wonga is available at <a href="http://www.fca.org.uk/your-fca/documents/requirement-notices/wonga-group-limited-vreq" target="_blank">http://www.fca.org.uk/your-fca/documents/requirement-notices/wonga-group-limited-vreq</a>. Had Wonga not agreed, the FCA could have used its powers to impose requirements. Wonga will appoint a skilled person (as specified under section 166 of the Financial Services and Markets Act 2000) to ensure that affected customers receive appropriate compensation.</p><p> </p><p>More generally, the Government has ensured that the FCA has inherited the OFT's powers (both criminal and regulatory) in relation to misconduct which occurred before 1 April 2014, as well as considerably strengthening the FCA's powers in relation to misconduct which occurs under the new regulatory regime.</p><p> </p><p>The FCA has the same powers as the OFT had to investigate and prosecute offences under the Consumer Credit Act 1974.</p><p> </p><p> </p><p>The FCA has also inherited the OFT's power to fine, although the OFT's power to fine under the Consumer Credit Act was limited to fining a firm for breaches of a requirement imposed by the OFT (and the maximum penalty in this regard was £50,000). The Government has already strengthened the new regime by giving the FCA the ability to impose unlimited fines for breaches of regulatory requirements that take place after 1 April 2014.</p>
answering member constituency South Northamptonshire more like this
answering member printed Andrea Leadsom more like this
grouped question UIN
202724 more like this
202725 more like this
202726 more like this
question first answered
less than 2014-07-03T15:49:59.4081443Zmore like thismore than 2014-07-03T15:49:59.4081443Z
answering member
4117
label Biography information for Andrea Leadsom more like this
tabling member
545
label Biography information for Paul Flynn remove filter
64283
registered interest false more like this
date less than 2014-06-26more like thismore than 2014-06-26
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Financial Markets: Regulation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what recent discussions he has had with the Secretary of State for Business, Innovation and Skills on the regulation of the practice of dark pool trading by high frequency bank traders. more like this
tabling member constituency Newport West more like this
tabling member printed
Paul Flynn more like this
uin 202699 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-03more like thismore than 2014-07-03
answer text <p>Treasury Ministers regularly meet with Ministers in other departments as part of normal Government business. As was the case with previous Administrations, it is not the Government's practice to provide details of all such meetings and discussions.</p><p> </p><p> </p><p>Dark pool trading is subject to regulation under the markets in financial instruments directive (2004/39/EC) (MiFID). The new MiFIR Regulation (600/2014/EU) recently agreed as part of the “MiFID 2” negotiations will impose significant limits on dark pool trading in the EU.</p> more like this
answering member constituency South Northamptonshire more like this
answering member printed Andrea Leadsom more like this
question first answered
less than 2014-07-03T15:42:29.7730669Zmore like thismore than 2014-07-03T15:42:29.7730669Z
answering member
4117
label Biography information for Andrea Leadsom more like this
tabling member
545
label Biography information for Paul Flynn remove filter
64303
registered interest false more like this
date less than 2014-06-26more like thismore than 2014-06-26
answering body
Ministry of Defence more like this
answering dept id 11 more like this
answering dept short name Defence more like this
answering dept sort name Defence more like this
hansard heading Nuclear Weapons more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Defence, if he will publish the titles of all reports covering the effects of the use of a UK nuclear weapon produced by (a) his Department and (b) the Atomic Weapons Establishment and its predecessor body for his Department in the last 30 years. more like this
tabling member constituency Newport West more like this
tabling member printed
Paul Flynn more like this
uin 202696 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-03more like thismore than 2014-07-03
answer text <p>The information is not held centrally and could be provided only at disproportionate cost.</p> more like this
answering member constituency Ludlow more like this
answering member printed Mr Philip Dunne more like this
question first answered
less than 2014-07-03T13:58:05.7545062Zmore like thismore than 2014-07-03T13:58:05.7545062Z
answering member
1542
label Biography information for Philip Dunne more like this
tabling member
545
label Biography information for Paul Flynn remove filter
63885
registered interest false more like this
date less than 2014-06-25more like thismore than 2014-06-25
answering body
Department for Energy and Climate Change more like this
answering dept id 63 more like this
answering dept short name Energy and Climate Change more like this
answering dept sort name Energy and Climate Change more like this
hansard heading Nuclear Power: China more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Energy and Climate Change, if he will publish all documentation relating to the nuclear power investment signed with the Prime Minister of China covering Chinese state companies on 17 June 2014; and if he will publish all subsequent documentation. more like this
tabling member constituency Newport West more like this
tabling member printed
Paul Flynn more like this
uin 202370 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-07more like thismore than 2014-07-07
answer text <p>On June 17 2014, the UK and China signed the Joint Statement on Civil Nuclear Energy Co-operation. DECC was also a co-signatory to the Memorandum of Understanding on Enhancing Co-operation in the Field of Civil Nuclear Industry Fuel Cycle Supply Chain. Both documents are online at:</p><p><a href="https://www.gov.uk/government/news/multimillion-boost-to-uk-economy-as-china-and-uk-government-sign-civil-nuclear-agreement-and-sign-agreement-to-deepen-cooperation-on-climate-change" target="_blank">https://www.gov.uk/government/news/multimillion-boost-to-uk-economy-as-china-and-uk-government-sign-civil-nuclear-agreement-and-sign-agreement-to-deepen-cooperation-on-climate-change</a></p><p> </p><p> </p><p> </p> more like this
answering member constituency Sevenoaks more like this
answering member printed Michael Fallon more like this
question first answered
less than 2014-07-07T12:49:59.1317018Zmore like thismore than 2014-07-07T12:49:59.1317018Z
answering member
88
label Biography information for Sir Michael Fallon more like this
tabling member
545
label Biography information for Paul Flynn remove filter
63953
registered interest false more like this
date less than 2014-06-25more like thismore than 2014-06-25
answering body
Ministry of Justice more like this
answering dept id 54 more like this
answering dept short name Justice more like this
answering dept sort name Justice more like this
hansard heading Newport more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Justice, if he will publish all impact assessments his Department has made on privatising the Ministry of Justice Shared Services in Newport. more like this
tabling member constituency Newport West more like this
tabling member printed
Paul Flynn more like this
uin 202381 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-30more like thismore than 2014-06-30
answer text <p>The Ministry of Justice are entering into detailed discussions with Shared Services Connected Limited (SSCL) regarding the future delivery of their back office services, with the intention of awarding a contract in August 2014. We expect this to bringincreased savings and efficiency in back-office functions, provide further benefits across wider Government and offer better value for money to the tax payer.</p><p> </p><p>Prior to this decision, the two private sector options were compared against the option to remain a standalone organisation and assessed using evaluation criteria that considered IT, cost, staff impacts and the service to our customers. The assessments will not be published as they are commercially sensitive documents.</p><p> </p><p>We will continue to work with staff, trade unions and other stakeholders to assess any impacts on staff.</p><p> </p> more like this
answering member constituency North West Cambridgeshire more like this
answering member printed Mr Shailesh Vara more like this
question first answered
less than 2014-06-30T16:42:44.9590396Zmore like thismore than 2014-06-30T16:42:44.9590396Z
answering member
1496
label Biography information for Shailesh Vara more like this
tabling member
545
label Biography information for Paul Flynn remove filter
63954
registered interest false more like this
date less than 2014-06-25more like thismore than 2014-06-25
answering body
Ministry of Justice more like this
answering dept id 54 more like this
answering dept short name Justice more like this
answering dept sort name Justice more like this
hansard heading Freedom of Information more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Justice, if he will make it his policy to regularly provide details on private sector bodies who collaborate with public sector bodies on projects which are subject to the Freedom of Information Act 2000. more like this
tabling member constituency Newport West more like this
tabling member printed
Paul Flynn more like this
uin 202371 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-02more like thismore than 2014-07-02
answer text <p>The Government already provides details of private sector bodies who work under contract with the Government. Since January 2011, as part of the Government's transparency programme, details of contracts above the value of £10,000 are published on Contracts Finder:</p><p><a title="https://www.gov.uk/contracts-finder" href="https://www.gov.uk/contracts-finder" target="_blank">https://www.gov.uk/contracts-finder</a></p><p> </p> more like this
answering member constituency Bermondsey and Old Southwark more like this
answering member printed Simon Hughes more like this
question first answered
less than 2014-07-02T16:15:26.1273988Zmore like thismore than 2014-07-02T16:15:26.1273988Z
answering member
194
label Biography information for Simon Hughes more like this
tabling member
545
label Biography information for Paul Flynn remove filter