Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

535919

registered interest
date	13/07/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Bank Services
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government, further to the Written Answer by Lord O’Neill of Gatley on 12 July (HL883), what steps they are taking with regard to the withdrawal of banking services to encourage banks to take a risk-based approach and to ensure that the measures they take are effective and proportionate; and what assessment they have made of the extent to which that encouragement has been effective.
tabling member printed	Lord Sharkey
uin	HL1196
answer	answer is ministerial correction date of answer 25/07/2016 answer text <p>The government engages regularly with the banking industry and those affected by de-risking in order to facilitate communication. The aim of this is to improve banks’ understanding of how affected sectors work and to improve affected sectors’ understanding of how they can best meet the banks’ requirements for providing services. This process has led to the British Bankers’ Association developing tailored ‘access to banking’ guidance for affected sectors.</p><p> </p><p>The government continues to work with the Financial Conduct Authority (FCA), who recently published research into the withdrawal of banking services. The FCA are also working with the banking industry to lessen the damaging effects of de-risking without constraining banks’ commercial freedom.</p><p> </p><p>Internationally, the UK has been instrumental in making de-risking a priority for the G20 and the Financial Stability Board. The government is working with the Bank of England and the FCA on internationally agreed guidance to financial institutions that will clarify regulatory expectations, making their responsibilities clearer to allow a more risk-based approach and better appraisal of risks.</p> answering member printed Lord O'Neill of Gatley question first answered 25/07/2016 08:49:40 answering member 4536 label Biography information for Lord O'Neill of Gatley
tabling member	4196 label Biography information for Lord Sharkey

536137

registered interest
date	13/07/2016
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	Energy: Imports
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 12 July 2016 to Question 42023, whether his Department has made an assessment of the potential effect of exchange rate fluctuations following the EU referendum on the (a) cost to the UK of importing energy and (b) levels imported; and if he will make a statement.
tabling member constituency	Coventry South
tabling member printed	Mr Jim Cunningham
uin	42653
answer	answer is ministerial correction date of answer 25/07/2016 answer text <p>The Department has not made an assessment of the potential effect of exchange rate fluctuations on the levels or cost to the UK of imported energy following the EU referendum.</p><p> </p><p>It is too early to speculate on any resulting medium and long-term exchange rate fluctuations. Furthermore, exchange rates are only one of the factors that will influence volumes and costs of imported energy.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 25/07/2016 08:49:15 answering member 3991 label Biography information for Jesse Norman
tabling member	308 label Biography information for Mr Jim Cunningham

536262

registered interest
date	13/07/2016
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	National Grid: Conflict of Interests
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department plans to create a new independent system operator to remove any potential conflict of interest between National Grid and its electricity balancing and management responsibilities.
tabling member constituency	Stone
tabling member printed	Sir William Cash
uin	42745
answer	answer is ministerial correction date of answer 25/07/2016 answer text <p>There is a case for greater independence for the system operator to promote more competition and flexibility in our electricity system. We are working alongside National Grid and Ofgem to this end, so that the electricity system continues to be operated in the best interest of consumers.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 42744 42747 question first answered 25/07/2016 08:50:19 answering member 3991 label Biography information for Jesse Norman
tabling member	288 label Biography information for Sir William Cash

536265

registered interest
date	13/07/2016
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	Electricity Generation: National Grid
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to remove any potential conflict of interest between National Grid and its electricity balancing and management responsibilities.
tabling member constituency	Stone
tabling member printed	Sir William Cash
uin	42744
answer	answer is ministerial correction date of answer 25/07/2016 answer text <p>There is a case for greater independence for the system operator to promote more competition and flexibility in our electricity system. We are working alongside National Grid and Ofgem to this end, so that the electricity system continues to be operated in the best interest of consumers.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 42745 42747 question first answered 25/07/2016 08:50:19 answering member 3991 label Biography information for Jesse Norman
tabling member	288 label Biography information for Sir William Cash