Category: Speeches

  • Lord Myners – 2016 Parliamentary Question to the HM Treasury

    Lord Myners – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Lord Myners on 2016-04-12.

    To ask Her Majesty’s Government what assessment they have made of whether the proposed takeover of the London Stock Exchange by Deutsche Börse gives rise to issues of national importance.

    Lord O’Neill of Gatley

    I refer the noble Lord to the investor relations section of the London Stock Exchange Group website, which contains information about the proposed merger, including some information on the combined group’s proposed structure. I also refer the noble Lord to my previous written answer HL7153.

    Once formally notified of the proposed merger, the Bank of England and the Financial Conduct Authority (as supervisors of the London Stock Exchange Group’s UK-authorised subsidiaries) must assess the proposal from a regulatory standpoint.

    In addition the proposed merger must be approved by competition authorities and is subject to a range of other assessments including those of overseas regulators and shareholders.

    European Regulation No 648/2012 (EMIR) sets out detailed standards on the quality of collateral that a central counterparty (CCP) can accept, and includes a general requirement that the CCP can demonstrate to its supervisor that the form of collateral in question does not present unmanageable risk to the CCP. Furthermore, CCPs are permitted under EMIR to invest their collateral “only in cash or in highly liquid financial instruments with minimal market and credit risk.”

    Any proposals for inter-CCP links would need to be assessed against relevant parts of EMIR by the Bank of England, as supervisor of LCH. EMIR requires that models used to set CCP margin requirements (and any changes to them) are validated by the CCP’s supervisor. EMIR also requires that a CCP wishing to extend its business to additional products or services must obtain the authorisation of its supervisor.

  • Edward Argar – 2016 Parliamentary Question to the Department for International Development

    Edward Argar – 2016 Parliamentary Question to the Department for International Development

    The below Parliamentary question was asked by Edward Argar on 2016-05-05.

    To ask the Secretary of State for International Development, what weighting is given to bids made by British companies tendering for contracts from her Department for projects overseas.

    Mr Desmond Swayne

    No additional weighting is given to bids made by British companies tendering for contracts for projects overseas.

    100% of DFID aid assistance is untied. British companies have proven to be very successful, winning over 85% of contracts awarded by DFID and also competing successfully for contracts from other international development agencies.

  • John Spellar – 2016 Parliamentary Question to the Department for Transport

    John Spellar – 2016 Parliamentary Question to the Department for Transport

    The below Parliamentary question was asked by John Spellar on 2016-06-27.

    To ask the Secretary of State for Transport, if he will take steps to ensure that his Department’s purchasing policies support British (a) industry and (b) agriculture.

    Mr Robert Goodwill

    The Department’s purchasing policies support the Government’s commitment to do all it can to ensure UK suppliers can compete effectively for public sector contracts, in line with our current international obligations and guidance issued by the Crown Commercial Service.

  • Gregory Campbell – 2016 Parliamentary Question to the Ministry of Defence

    Gregory Campbell – 2016 Parliamentary Question to the Ministry of Defence

    The below Parliamentary question was asked by Gregory Campbell on 2016-09-13.

    To ask the Secretary of State for Defence, with reference to the Answer of 20 March 2015 to Question 227862 and pursuant to the Answer of 12 September 2016 to Question 45109, on Northern Ireland Universities Air Squadron, what assessment he has made of the full 24 student places to be filled.

    Mark Lancaster

    The Northern Ireland University Air Squadron provision of 24 student places reflects the current flying opportunities and staffing levels. The precise number recruited this academic year may not be known immediately, as students can express their interest and join the Squadron throughout the year.

  • Paul Flynn – 2015 Parliamentary Question to the HM Treasury

    Paul Flynn – 2015 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Paul Flynn on 2015-11-16.

    To ask Mr Chancellor of the Exchequer, what the total amount received by the Treasury in profit from the Crown Estate was in each of the last five years.

    Damian Hinds

    The information requested can be obtained from the Crown Estate’s annual report and accounts which are available on their website at the following link:

    http://www.thecrownestate.co.uk/our-business/financial-information/

    “

  • Madeleine Moon – 2015 Parliamentary Question to the Ministry of Defence

    Madeleine Moon – 2015 Parliamentary Question to the Ministry of Defence

    The below Parliamentary question was asked by Madeleine Moon on 2015-12-09.

    To ask the Secretary of State for Defence, pursuant to the Answer of 1 December 2015 to Question 17678, how many (a) military and (b) civil servant personnel of each rank and grade are employed at (i) MoD Grantown-on-Spey, (b) MoD Llanwrst, (c) MoD Fairbourne and (d) MoD Crickhowell; and if he will make a statement.

    Mark Lancaster

    Information on the rank and grade of personnel Stationed at the listed locations as at 1 October for each year is provided in the tables below. The data has been rounded in accordance with data protection principles, where ~ denotes less than 5.

    NATO Rank

    2007

    2008

    2009

    2010

    2011

    2012

    2013

    2014

    2015

    Llanrwst

    OR-6

    ~

    ~

    ~

    10

    10

    10

    10

    10

    0

    OR-4

    0

    0

    0

    ~

    5

    5

    5

    ~

    0

    Fairbourne

    OF-3

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    OF-2

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    0

    0

    OR-7

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    OR-6

    5

    5

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    OR-4

    10

    10

    15

    15

    10

    15

    10

    10

    5

    Crickhowell

    OF-4

    0

    0

    0

    0

    0

    0

    0

    0

    ~

    OF-3

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    OF-2

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    OF-1

    ~

    0

    0

    0

    ~

    0

    0

    0

    0

    OR-8

    0

    0

    ~

    0

    0

    0

    0

    0

    0

    OR-7

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    OR-6

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    OR-4

    5

    5

    ~

    5

    10

    10

    5

    10

    5

    OR-3

    ~

    ~

    5

    10

    5

    ~

    0

    0

    0

    OR-2

    ~

    5

    10

    ~

    ~

    ~

    ~

    0

    0

    Grantown-on-Spey

    OF-3

    0

    0

    0

    ~

    ~

    0

    ~

    0

    ~

    OF-2

    0

    0

    0

    0

    0

    ~

    0

    0

    0

    OR-9

    0

    0

    0

    0

    ~

    ~

    ~

    ~

    ~

    OR-7

    0

    0

    0

    0

    0

    0

    ~

    ~

    ~

    OR-6

    0

    0

    0

    ~

    ~

    5

    5

    10

    10

    OR-4

    0

    0

    0

    ~

    ~

    ~

    ~

    ~

    5

    Grade Levels

    2007

    2008

    2009

    2010

    2011

    2012

    2013

    2014

    2015

    Llanrwst

    Band D

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    Band E

    5

    5

    5

    5

    5

    ~

    ~

    ~

    ~

    Industrial

    5

    ~

    5

    ~

    5

    ~

    ~

    ~

    ~

    Fairbourne

    Band E

    10

    10

    5

    ~

    ~

    ~

    ~

    ~

    ~

    Industrial

    10

    10

    5

    10

    10

    10

    ~

    ~

    ~

    Crickhowell

    Band C

    0

    ~

    0

    0

    0

    0

    0

    0

    ~

    Band D

    5

    5

    5

    5

    5

    5

    5

    5

    5

    Band E

    5

    10

    5

    10

    ~

    ~

    ~

    ~

    ~

    Industrial

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    Grantown-on-Spey

    Band E

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    ~

    Industrial

    ~

    5

    ~

    5

    ~

    ~

    ~

    ~

    ~

    “

  • Greg Mulholland – 2016 Parliamentary Question to the Department for Work and Pensions

    Greg Mulholland – 2016 Parliamentary Question to the Department for Work and Pensions

    The below Parliamentary question was asked by Greg Mulholland on 2016-01-20.

    To ask the Secretary of State for Work and Pensions, pursuant to the Answer of 20 January 2016 to Question 22645, what estimate he has made of the potential cost of answering that question for each of the resources that would be so required.

    Justin Tomlinson

    We estimate that it would require a departmental analyst to spend 4.5 working days to research, collate and analyse the data and around 0.5 further days of oversight and checking of methodology from a senior analyst. This would result in a total cost of around £1,500, which is significantly in excess of the limit for disproportionate costs.

  • Chris Stephens – 2016 Parliamentary Question to the HM Treasury

    Chris Stephens – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Chris Stephens on 2016-02-08.

    To ask Mr Chancellor of the Exchequer, what assurances HM Revenue and Customs seeks from its contractors and suppliers that they are fully compliant with their UK tax obligations.

    Mr David Gauke

    Prior to engagement, HM Revenue and Customs (HMRC) require a new contractor or supplier to provide their tax details, and to agree to HMRC performing revenue compliance checks throughout the procurement process, using information from its own records and taking appropriate action where required in line with the Public Contracts Regulations 2015.

    Contracts for such engagements include clauses requiring that at all times the contractor or supplier shall comply with all statutes and regulations relating to direct or indirect taxes, and that failure to comply may constitute a material breach of the contract.

  • Andy Slaughter – 2016 Parliamentary Question to the Ministry of Justice

    Andy Slaughter – 2016 Parliamentary Question to the Ministry of Justice

    The below Parliamentary question was asked by Andy Slaughter on 2016-03-03.

    To ask the Secretary of State for Justice, what assessment he has made of the effect on court fee income of changes to personal injury law and procedure prior to making his announcement in the 2015 Autumn Statement; and if he will make a statement.

    Dominic Raab

    The government will consult on the detail of the new reforms in due course. The consultation will be accompanied by an impact assessment.

  • Chris Green – 2016 Parliamentary Question to the Ministry of Defence

    Chris Green – 2016 Parliamentary Question to the Ministry of Defence

    The below Parliamentary question was asked by Chris Green on 2016-04-12.

    To ask the Secretary of State for Defence, what steps he is taking to encourage innovation by defence suppliers.

    Mr Philip Dunne

    This Government announced a step change in our approach to innovation in the Strategic Defence and Security Review. We are developing plans to work with existing defence and non-traditional defence contractors, as well as international partners, to develop new technologies and innovations to stay ahead of our adversaries as technological advance becomes more widely accessible.

    We have also refreshed our policy to help small and medium enterprises as vital defence innovators, and we invest 1.2% of a growing defence budget in scienece and technology.