Tag: Chuka Umunna

  • Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Chuka Umunna on 2014-07-15.

    To ask the Secretary of State for Business, Innovation and Skills, what information his Department holds on the current ownership of shares in Royal Mail.

    Matthew Hancock

    Maintaining and updating the Royal Mail shareholder register is the responsibility of the company.

    A number of financial market Information providers publish information about company shareholders including Royal Mail.

    The Government does not hold any information that cannot be obtained from these sources.

  • Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Chuka Umunna on 2014-07-15.

    To ask the Secretary of State for Business, Innovation and Skills, what assurances were sought from priority investors ahead of the privatisation of Royal Mail on long-term holding of shares by (a) Ministers in his Department (b) Officials in his Department (c) the Financial Adviser to the Government and (d) the banking syndicate working on the privatisation.

    Matthew Hancock

    No assurances were sought from the priority investors ahead of the sale of shares in Royal Mail.

    Any mechanism which requires a buyer to give up the rights normally associated with shares, such as a restriction on the right to sell those shares for a period of time, would be reflected in the price investors would be prepared to pay for those shares.

    These investors gave the Government confidence to take forward the IPO which raised nearly £2bn for the tax payer and reduced the risk that the tax payer to support the universal postal service.

  • Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Chuka Umunna on 2014-07-15.

    To ask the Secretary of State for Business, Innovation and Skills, what agreement was sought from priority investors on the long-term holding of shares in Royal Mail.

    Matthew Hancock

    No agreement was sought from the priority investors ahead of the sale of shares in Royal Mail on the long term holding of shares.

    Any mechanism which requires a buyer to give up the rights normally associated with shares, such as a restriction on the right to sell those shares for a period of time, would be reflected in the price investors would be prepared to pay for those shares.

  • Chuka Umunna – 2014 Parliamentary Question to the Department for Work and Pensions

    Chuka Umunna – 2014 Parliamentary Question to the Department for Work and Pensions

    The below Parliamentary question was asked by Chuka Umunna on 2014-03-27.

    To ask the Secretary of State for Work and Pensions, what proportion and number of job outcomes from the work programme were in zero-hours contracts roles in each month since the programme began.

    Esther McVey

    The information requested is not held by the Department.

  • Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Chuka Umunna on 2014-04-03.

    To ask the Secretary of State for Business, Innovation and Skills, how much funding allocated under the Regional Growth Fund in each (a) holding and (b) region has not yet been drawn down by winning bidders.

    Michael Fallon

    Regional breakdown of RGF allocations for each bidding round (Rounds 1-4) including the amount drawn down and remaining to be drawn down are provided in the attached tables. This data is as at 2 April. The RGF not drawn down for Rounds 1 to 4 totals £1,238 million. Of this, currently, £1,152 million is budgeted to be drawn down in 2014/15 and later years. Payments schedules are agreed with companies and payments are made when they need them.

    Round 1

    Region

    RGF Allocation (£m)

    RGF Drawdown (£m)

    RGF not drawn down

    (£m)

    North West

    21

    19

    2

    Yorkshire & Humber

    47

    39

    8

    North East

    34

    34

    0

    West Midlands

    89

    22

    67

    East Midlands

    2

    2

    0

    East of England

    16

    10

    6

    South East & London

    0

    0

    0

    South West

    4

    4

    0

    National

    175

    175

    0

    TOTAL

    388

    305

    83

    Round 2

    Region

    RGF Allocation (£m)

    RGF Drawdown (£m)

    RGF not drawn down (£m)

    North West

    189

    123

    66

    Yorkshire & Humber

    68

    45

    23

    North East

    64

    56

    8

    West Midlands

    91

    87

    4

    East Midlands

    80

    49

    31

    East of England

    35

    20

    15

    South East & London

    60

    45

    15

    South West

    71

    69

    2

    National

    90

    80

    10

    TOTAL

    748

    574

    174

    Round 3

    Region

    RGF Allocation (£m)

    RGF Drawdown (£m)

    RGF not drawn down (£m)

    North West

    113

    43

    70

    Yorkshire & Humber

    63

    28

    35

    North East

    113

    44

    69

    West Midlands

    158

    24

    134

    East Midlands

    57

    14

    43

    East of England

    25

    8

    17

    South East & London

    48

    18

    30

    South West

    82

    8

    74

    National

    177

    75

    102

    TOTAL

    836

    262

    574

    Round 4

    Region

    RGF Allocation (£m)

    RGF Drawdown (£m)

    RGF not drawn down (£m)

    North West

    96

    5

    91

    Yorkshire & Humber

    30

    2

    28

    North East

    33

    1

    32

    West Midlands

    65

    1

    64

    East Midlands

    41

    1

    40

    East of England

    15

    3

    12

    South East & London

    25

    2

    23

    South West

    14

    0

    14

    National

    115

    12

    103

    TOTAL

    434

    27

    407

  • Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Chuka Umunna on 2014-04-07.

    To ask the Secretary of State for Business, Innovation and Skills, what (a) bonuses, (b) additional salary increments and (c) premiums are offered to UK Trade & Investment staff for proficiency in foreign languages; for which foreign languages these are available; what level of financial support is available for each language; and how many staff receive support for each foreign language for which support is offered.

    Michael Fallon

    UK Trade and Investment (UKTI) draws mainly on civil service staff employed by one or other of its two parent departments – the Department for Business, Innovation and Skills (BIS) and the Foreign & Commonwealth Office (FCO).

    BIS does not give bonuses, additional salary increments or premiums to the staff of UKTI for proficiency in any foreign languages. BIS does however actively encourage individuals to learn languages and they have access to the FCO’s language school.

  • Chuka Umunna – 2014 Parliamentary Question to the Department for Work and Pensions

    Chuka Umunna – 2014 Parliamentary Question to the Department for Work and Pensions

    The below Parliamentary question was asked by Chuka Umunna on 2014-03-27.

    To ask the Secretary of State for Work and Pensions, what proportion and number of jobs currently advertised through Jobcentre Plus are on zero-hour contracts.

    Esther McVey

    We do not advertise in jobcentres, all vacancies are now advertised on Universal Jobmatch. JSA claimants are not required to apply for zero-hour contract jobs and are not penalised if they leave such a job

  • Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Chuka Umunna on 2014-04-03.

    To ask the Secretary of State for Business, Innovation and Skills, how much in Regional Growth Fund money is currently held by intermediaries; and how much such money has been allocated (a) in each bidding round, (b) to each intermediary and (c) in each region.

    Michael Fallon

    From the four Regional Growth Fund (RGF) bidding rounds, £1.5 billion has been allocated to RGF programmes from which grants are made to small and medium-sized enterprises (SMEs.)

    Of this, £452 million was allocated to 13 endowment programmes in Rounds 1 and 2 that received the full payment of their RGF grant upfront. These programmes have since invested £144 million to date in individual projects, and of the remaining £308 million held by such endowment programmes, a further £154 million is already committed to specific SME projects.

    Non–endowment programmes are funded a quarter in advance on evidence of credible pipeline projects. These programmes have spent £172 million with a further £151 million of RGF paid to them in the last financial quarter under the expectation it would be spent this quarter. The money held by these programmes is not causing any delay to individual projects as businesses claim the money according to their business needs. A table of RGF funding allocated to intermediaries by each bidding round and region will be placed in the libraries of the House.

  • Chuka Umunna – 2014 Parliamentary Question to the Cabinet Office

    Chuka Umunna – 2014 Parliamentary Question to the Cabinet Office

    The below Parliamentary question was asked by Chuka Umunna on 2014-04-10.

    To ask the Minister for the Cabinet Office, what estimate he has made of the number of people of Latin American ethnicity in (a) the UK, (b) England and Wales, (c) London, (d) each London borough and (e) Streatham constituency.

    Mr Nick Hurd

    The information requested falls within the responsibility of the UK Statistics Authority. I have asked the Authority to reply.

  • Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Chuka Umunna on 2014-04-03.

    To ask the Secretary of State for Business, Innovation and Skills, how many bids by LEPS to the (a) regional growth fund and (b) exceptional regional growth fund have been (i) under discussion with officials, (ii) submitted, (iii) approved and (iv) rejected in each (A) bidding round and (B) region.

    Michael Fallon

    All bids received to the Regional Growth Fund (RGF) and for exceptional RGF (eRGF) support are discussed with officials as part of the appraisal process. The following table lists bids received directly from Local Enterprise Partnerships to the RGF by bidding round and the outcome.

    RGF Round 2

    Region

    Number of bids received

    Number of bids selected

    Number of bids not selected

    Yorkshire & Humber

    5

    1

    4

    North East

    3

    0

    3

    South East

    2

    2

    0

    North West

    3

    2

    1

    East Midlands

    4

    2

    2

    West Midlands

    2

    2

    0

    East of England

    0

    0

    0

    South West

    3

    2

    1

    RGF Round 3

    Region

    Number of bids received

    Number of bids selected

    Number of bids not selected

    Yorkshire & Humber

    3

    3

    0

    North East

    2

    2

    0

    South East

    4

    4

    0

    North West

    3

    3

    0

    East Midlands

    4

    4

    0

    West Midlands

    8

    4

    4

    East of England

    1

    1

    0

    South West

    4

    1

    3

    RGF Round 4

    Region

    Number of bids received

    Number of bids selected

    Number of bids not selected

    Yorkshire & Humber

    3

    3

    0

    North East

    1

    1

    0

    South East

    5

    3

    2

    North West

    4

    3

    1

    East Midlands

    3

    3

    0

    West Midlands

    7

    7

    0

    East of England

    2

    2

    0

    South West

    1

    1

    0