{ "format" : "linked-data-api", "version" : "0.2", "result" : {"_about" : "https://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Dr+Julian+Huppert&max-answer.dateOfAnswer=2018-11-20", "definition" : "https://eldaddp.azurewebsites.net/meta/answeredquestions.text?tablingMember.label=Biography+information+for+Dr+Julian+Huppert&max-answer.dateOfAnswer=2018-11-20", "extendedMetadataVersion" : "https://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Dr+Julian+Huppert&_metadata=all&max-answer.dateOfAnswer=2018-11-20", "first" : "https://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Dr+Julian+Huppert&_page=0&max-answer.dateOfAnswer=2018-11-20", "hasPart" : "https://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Dr+Julian+Huppert&max-answer.dateOfAnswer=2018-11-20", "isPartOf" : "https://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Dr+Julian+Huppert&max-answer.dateOfAnswer=2018-11-20", "items" : [{"_about" : "http://data.parliament.uk/resources/228065", "AnsweringBody" : [{"_value" : "Department for Business, Innovation and Skills"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/228065/answer", "answerText" : {"_value" : "
The Government has taken a variety of significant steps to promote stewardship and engagement on the part of institutional investors. A key focus has been to work closely with the investment industry on initiatives involving both institutional investors and asset managers, acknowledging that while some institutional investors engage directly with companies, many others delegate to asset managers to engage on their behalf.<\/p>
Specific achievements include:<\/p>
<\/p>
The Government has comprehensively reformed the legislative framework for corporate reporting to boost transparency on company directors\u2019 remuneration and ensure annual reports are more focused on long-term company strategy. In this way we are encouraging companies to report the information which is relevant to long-term stewardship investors.<\/p>
The Law Commission\u2019s report on the fiduciary duties of investment intermediaries, commissioned by the Government, concluded that fiduciary investors such as pension scheme trustees should consider whether and how to engage with companies to promote their long-term success, either directly or through their investment managers. The Government is now taking forward the Law Commission\u2019s recommendations in a number of areas, including by consulting currently on whether the Occupational Pension Schemes (Investment) Regulations 2005 should be amended to require trustees to state their policy on stewardship with reference to the Stewardship Code.<\/p>
This work has been part of a broader commitment \u2013 in response to the Kay Review of equity markets - to address the longstanding concern that short-termism has impeded the creation of sustainable value by British companies. The Government published a comprehensive progress report on the implementation of the Review in October 2014. This is available online at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/367070/bis-14-1157-implementation-of-the-kay-review-progress-report.pdf<\/a><\/p> The Government is now undertaking further work in a number of areas, including:<\/p> We are currently consulting on potential changes to the Occupational Pension Schemes (Investment) Regulations 2005 which will support and encourage trustees of both defined benefit and defined contribution pension schemes to consider their approach to stewardship. This forms part of our consultation, entitled \u201cConsultation on changes to the Investment Regulations following the Law Commission\u2019s report \u2018Fiduciary Duties of Investment Intermediaries\u2019\u201d which was published on 26th February 2015. The consultation period ends on 20th April 2015 and it is the intention that a Government response will be published later this year.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/220", "label" : {"_value" : "Biography information for Steve Webb"}
}
, "answeringMemberConstituency" : {"_value" : "Thornbury and Yate"}
, "answeringMemberPrinted" : {"_value" : "Steve Webb"}
, "dateOfAnswer" : {"_value" : "2015-03-23", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2015-03-23T15:01:45.307Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "29"}
, "answeringDeptShortName" : {"_value" : "Work and Pensions"}
, "answeringDeptSortName" : {"_value" : "Work and Pensions"}
, "date" : {"_value" : "2015-03-18", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Workplace Pensions"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Work and Pensions, if he will make it his policy that trustees of defined benefit pension schemes are required to have a policy on stewardship.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/3931", "label" : {"_value" : "Biography information for Dr Julian Huppert"}
}
, "tablingMemberConstituency" : {"_value" : "Cambridge"}
, "tablingMemberPrinted" : [{"_value" : "Dr Julian Huppert"}
], "uin" : "228098"}
, {"_about" : "http://data.parliament.uk/resources/227727", "AnsweringBody" : [{"_value" : "HM Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/227727/answer", "answerText" : {"_value" : " The Government believes that tax reliefs are an important part of the tax system and play a significant role in defining the scope of tax. In particular they can help create a fairer, simpler system which reflects the needs of a wide range of individuals and businesses.<\/p> <\/p> <\/p> <\/p> The government outlines the rationale for, and expected impacts of, any tax policy changes, including new tax reliefs, in published Tax Information and Impact Notes (TIINs). TIINs also set out the government\u2019s intentions with regard to monitoring and evaluating tax measures.<\/p> <\/p> <\/p> <\/p> While tax reliefs can be used to pursue specific policy objectives, all reliefs reflect policy choices about the distribution of the tax burden, proposed by the government and agreed by Parliament.<\/p> <\/p> <\/p> <\/p> The government is transparent about both the costs of existing reliefs and the costs and likely impacts of new reliefs. HMRC annually publishes information on the Exchequer cost of around 180 existing tax reliefs on its website. The independent Office for Budget Responsibility certifies the cost of all new tax reliefs or changes to existing reliefs.<\/p> <\/p> <\/p> <\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/1529", "label" : {"_value" : "Biography information for Mr David Gauke"}
}
, "answeringMemberConstituency" : {"_value" : "South West Hertfordshire"}
, "answeringMemberPrinted" : {"_value" : "Mr David Gauke"}
, "dateOfAnswer" : {"_value" : "2015-03-23", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2015-03-23T17:30:59.41Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2015-03-17", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Tax Allowances"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask Mr Chancellor of the Exchequer, what assessment he has made of the economic effect of the tax incentives introduced since 2010; and what criteria the Government uses to assess the real economic value of tax incentives.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/3931", "label" : {"_value" : "Biography information for Dr Julian Huppert"}
}
, "tablingMemberConstituency" : {"_value" : "Cambridge"}
, "tablingMemberPrinted" : [{"_value" : "Dr Julian Huppert"}
], "uin" : "227751"}
, {"_about" : "http://data.parliament.uk/resources/227921", "AnsweringBody" : [{"_value" : "Ministry of Justice"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/227921/answer", "answerText" : {"_value" : " The following table shows the annual expenditure for the contracted prisons for each of the last three financial years 2011-12, 2012-13 and 2013-14 for which information is available.<\/p> <\/p> Prison<\/p><\/td> Operator<\/p><\/td> Direct Resource Expenditure (£000s)<\/p><\/td><\/tr> <\/p><\/td> <\/p><\/td> 2011-12 (restated)<\/p><\/td> 2012-13<\/p><\/td> 2013-14<\/p><\/td><\/tr> Altcourse<\/p><\/td> G4S<\/p><\/td> 46,219<\/p><\/td> 46,494<\/p><\/td> 45,538<\/p><\/td><\/tr> Ashfield<\/p><\/td> Serco<\/p><\/td> 26,426<\/p><\/td> 27,660<\/p><\/td> 23,451<\/p><\/td><\/tr> Birmingham<\/p><\/td> G4S<\/p><\/td> 14,022<\/p><\/td> 30,035<\/p><\/td> 28,611<\/p><\/td><\/tr> Bronzefield<\/p><\/td> Sodexo<\/p><\/td> 27,629<\/p><\/td> 28,873<\/p><\/td> 29,871<\/p><\/td><\/tr> Doncaster<\/p><\/td> Serco<\/p><\/td> 19,714<\/p><\/td> 18,273<\/p><\/td> 17,789<\/p><\/td><\/tr> Dovegate<\/p><\/td> Serco<\/p><\/td> 37,573<\/p><\/td> 38,846<\/p><\/td> 39,331<\/p><\/td><\/tr> Forest Bank<\/p><\/td> Sodexo<\/p><\/td> 34,626<\/p><\/td> 35,682<\/p><\/td> 37,187<\/p><\/td><\/tr> Lowdham Grange<\/p><\/td> Serco<\/p><\/td> 26,063<\/p><\/td> 27,478<\/p><\/td> 28,128<\/p><\/td><\/tr> Northumberland<\/p><\/td> Sodexo<\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> 11,352<\/p><\/td><\/tr> Oakwood<\/p><\/td> G4S<\/p><\/td> n/a<\/p><\/td> 24,800<\/p><\/td> 19,473<\/p><\/td><\/tr> Parc<\/p><\/td> G4S<\/p><\/td> 58,529<\/p><\/td> 59,413<\/p><\/td> 56,708<\/p><\/td><\/tr> Peterborough<\/p><\/td> Sodexo<\/p><\/td> 32,418<\/p><\/td> 33,085<\/p><\/td> 34,133<\/p><\/td><\/tr> Rye Hill<\/p><\/td> G4S<\/p><\/td> 18,663<\/p><\/td> 19,138<\/p><\/td> 19,997<\/p><\/td><\/tr> Thameside<\/p><\/td> Serco<\/p><\/td> 143<\/p><\/td> 27,561<\/p><\/td> 31,027<\/p><\/td><\/tr> Wolds<\/p><\/td> G4S<\/p><\/td> 8,470<\/p><\/td> 8,598<\/p><\/td> 2,157<\/p><\/td><\/tr><\/tbody><\/table> <\/p> To note within the Table:<\/p><\/td><\/tr> 1. Birmingham transferred to the management of G4S on 1st October 2011<\/p><\/td><\/tr> 2. Thameside became operational on 27th March 2012<\/p><\/td><\/tr> 3. Oakwood became operational on 24th April 2012<\/p><\/td><\/tr> 4. Wolds transferred to Public Sector management on 1st July 2013<\/p><\/td><\/tr> 5. Altcourse had Cabinet Office savings initiative from 2011 c £1m per year<\/p><\/td><\/tr> 6. Altcourse had 96 Additional Prisoner Places (APP's) deactivated in Dec 2012 and 75 deactivated in April 2013<\/p><\/td><\/tr> 7. Forest Bank has a disinvestment of c £1m per year from July 2012<\/p><\/td><\/tr> 8. Parc had 138 APP's deactivated in April 2013<\/p><\/td><\/tr> 9. Oakwood had £7.2m of fixed costs included in 2012-13<\/p><\/td><\/tr> 10. Thameside became operational at the end of 2011-12 and "ramp-up" progressed through 2012-13<\/p><\/td><\/tr> 11. Northumberland (merger of HMPs Acklington and Castington) transferred to the management of Sodexo in December 2013<\/p><\/td><\/tr><\/tbody><\/table> <\/p> <\/p> Expenditure between prisons and years is not directly comparable, as this may vary due to a number of factors, including inflation uplift, contract variations, new prisons becoming operational or prisons transferring between the public and private sector, and additional prison places being commissioned or decommissioned.<\/p> <\/p> The Department is committed to delivering prison capacity changes designed to modernise the prison estate and, where possible, reduce prison costs, whilst maintaining a high quality service.<\/p> <\/p> From the financial years 2009-10 to 2013-14 there was a real terms reduction of 17% in the overall average cost for each prisoner in England and Wales, with a reduction of 5% achieved during the last financial year 2013-14.<\/p> <\/p> The Department routinely publishes annual net resource expenditure for individual prisons in England and Wales each year alongside the management information addendums to the NOMS Annual Report and Accounts. The most recently published figures for financial year 2013-14, can be accessed by the following link:<\/p>