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  • Diana Johnson – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Diana Johnson – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Diana Johnson on 2014-04-10.

    To ask the Secretary of State for Business, Innovation and Skills, how much the Insolvency Service paid for fruitless payments in respect of individual and corporate insolvencies in each of the last five years.

    Jenny Willott

    The information requested is presented in the following table.

    Year

    Amount Paid

    Number of cases

    2012-13

    172,560.24

    55

    2011-12

    247,231.73

    100

    2010-11

    279,527.57

    93

    2009-10

    575,783.47

    80

    2008-09

    256,956.93

    41

  • Miss Anne McIntosh – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Miss Anne McIntosh – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Miss Anne McIntosh on 2014-04-10.

    To ask the Secretary of State for Business, Innovation and Skills, what recent representations he has received on illegal pump imports into the UK; and if he will make a statement.

    Michael Fallon

    I have been asked to reply on behalf of the Department of Energy and Climate Change.

    We have had no representations on illegal pump imports. The National Measurement Office (NMO) is the designated Market Surveillance Authority for the UK for products subject to regulations made under the Ecodesign for Energy -related Products Directive, including those for pumps. It takes an intelligence-led and risk-based approach to market surveillance; any evidence of illegal imports should be sent to the NMO (https://www.gov.uk/placing-energy-related-products-on-the-uk-market) for follow-up and appropriate enforcement action.

  • Stephen O’Brien – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Stephen O’Brien – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Stephen O’Brien on 2014-04-10.

    To ask the Secretary of State for Business, Innovation and Skills, in what circumstances he uses a calculation of the (a) value of preventing a fatality, (b) willingness to pay and (c) cost-per-quality adjusted life year approach to quantify the value of a policy intervention; what other tools he uses to quantify the benefit of a policy intervention; and if he will make a statement.

    Jenny Willott

    The Green Book and associated supplementary guidance is publicly available on the Treasury web site. It sets out a range of approaches and methods that may be appropriate in a number of different appraisal circumstances.

  • Diana Johnson – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Diana Johnson – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Diana Johnson on 2014-04-10.

    To ask the Secretary of State for Business, Innovation and Skills, what facilities his Department has identified to allow (a) company directors, (b) bankrupts and (c) others to be interviewed locally after the closure of the Hull Official Receiver’s office.

    Jenny Willott

    The Insolvency Service announced its decision to close its Hull office on 27 March 2014 and indicated that the intention was to preserve the services to customers by opening an interview facility in the Hull area. Also on 27 March 2014 I wrote to local Members of Parliament to share their views on local issues that might influence the location of a local interview facility. These views, along with analysis of customer information, will be used to select the precise location. The facility will be operational by the time of the closure, in November 2014.

  • Diana Johnson – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Diana Johnson – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Diana Johnson on 2014-04-10.

    To ask the Secretary of State for Business, Innovation and Skills, if he will (a) publish and (b) provide to the recognised trade unions, a detailed cost analysis for the closure of Hull Official Receiver’s office.

    Jenny Willott

    The Insolvency Service has provided a cost analysis to the Trade Unions, on a confidential basis. In view of its commercial nature, I do not consider it appropriate to publish this information.

  • Diana Johnson – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Diana Johnson – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Diana Johnson on 2014-04-10.

    To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the monetary value to the wider economy of a bankruptcy restriction order or undertaking.

    Jenny Willott

    No monetary value assessment to the wider economy of a bankruptcy restrictions order or undertaking has been undertaken.

  • Diana Johnson – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Diana Johnson – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Diana Johnson on 2014-04-10.

    To ask the Secretary of State for Business, Innovation and Skills, how many disqualification reports were submitted by each Official Receiver’s office in the year ending 31 March 2014.

    Jenny Willott

    Detailed in the following table is the office breakdown for the number of disqualification reports submitted in the year ended 31 March 2014.

    OR Offices

    Number of reports submitted

    Anglia

    20

    Central Midlands

    25

    East Midlands & S Yorks

    29

    Greater Manchester

    13

    Humber and E Yorks

    20

    Kent

    9

    London – Essex

    5

    London – Herts, Bucks

    20

    Mid West and N Wales

    21

    North

    5

    North East

    19

    North West

    20

    South Central

    9

    South Wales

    26

    South West

    7

    Surrey and Sussex

    24

    West England

    17

    Total

    289

    PIU

    North

    71

    South

    36

    Total

    107

  • Diana Johnson – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Diana Johnson – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Diana Johnson on 2014-04-10.

    To ask the Secretary of State for Business, Innovation and Skills, how many staff in the Hull Official Receiver’s office have been offered voluntary redundancy terms.

    Jenny Willott

    All 43 employees in Hull have been offered work in the Insolvency Service’s Leeds office as well as assistance with travel. Voluntary redundancy terms have also been offered to all 43 employees in case they do not wish to or are unable to make the move. Employees who choose not to relocate will be eligible for assistance from the Insolvency Service’s outplacement support programme, and will be given priority access to vacancies across the wider Civil Service.

  • Dominic Raab – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Dominic Raab – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Dominic Raab on 2014-04-10.

    To ask the Secretary of State for Business, Innovation and Skills, how much in cash terms and what proportion of total university funding came from (a) domestic tuition fees, (b) foreign student fees, (c) public funding and (d) external sponsorship in the last year for which figures are available.

    Mr David Willetts

    Information on the finances of English Higher Education Institutions (HEIs) is collected and published by the Higher Education Statistics Agency (HESA). A summary of the income of publicly-funded HEIs in England from Home and EU Tuition Fees, Non-EU Tuition Fees, Public Funding and External Sponsorship has been provided in the table.

    Income of publicly-funded higher education institutions(1)

    English Higher Education Institutions

    Academic year 2012/13

    Academic year

    Income
    (£ millions)

    Share of Total Income (%)

    Total Course Fee Income

    10,142

    41.7%

    Of which…

    Home & EU Tuition Fees

    6,479

    26.6%

    Non-EU Tuition Fees

    2,997

    12.3%

    Other Tuition Fee Income(2)

    666

    2.7%

    Public Funding (3)

    8,580

    35.3%

    External Sponsorship (4)

    5,598

    23.0%

    Total Income

    24,320

    100.0%

    Source: HESA Finance Record

    Notes:

    All figures are rounded to the nearest £ million and, as a result, columns may not total correctly.

    (1) The University of Buckingham are the only non-publicly funded HEI to return financial data to HESA and their income has been omitted from the final figures.

    (2) Other Tuition Fee Income includes income received from FE Courses and Non-Credit bearing courses.

    (3) Public Funding refers to funding received from Funding Bodies, BIS Research Councils, UK Central Government, Local Authorities, Health and Hospital Authorities and EU Government Bodies.

    (4) External Sponsorship refers to income from non-public sources including research grants and other income from EU and UK industry, commerce and other corporations.

  • Ian Murray – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Ian Murray – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Ian Murray on 2014-04-10.

    To ask the Secretary of State for Business, Innovation and Skills, who made the decisions and on what basis were the decisions made on how many shares would go to each priority investor, each institutional investor and each retail investor in respect of the privatisation of Royal Mail.

    Michael Fallon

    The Government set the overall allocation policy with the aim of getting the right balance between longer-term, stable investors, retail investors and shorter-term investors who provide liquidity in the market.

    Allocations were made to a number of institutions who in the early stages of engagement were willing to place non-binding orders despite the risks attached to the IPO such as the industrial relations situation. These investors gave us confidence that there was sufficient demand to proceed with the IPO.

    We had nearly three-quarters of a million retail applications so their allocations were scaled back as they were for institutional investors. Given this high demand, Ministers decided to prioritise smaller investors and put in place a cut-off above £10,000 and give everyone below that the same number of shares. Around 95% of retail investors were allocated shares.