Tag: Chuka Umunna

  • Chuka Umunna – 2014 Parliamentary Question to the Deputy Prime Minister

    Chuka Umunna – 2014 Parliamentary Question to the Deputy Prime Minister

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

    To ask the Deputy Prime Minister, when (a) due diligence will be completed and (b) funds will be drawn down by winning bidders under the Local Growth Fund.

    Greg Clark

    Growth Deals were announced with all 39 Local Enterprise Partnerships (LEPs) on 7 July. This followed a highly competitive process in which the Government assessed LEP Strategic Economic Plans against the published assessment criteria including value for money and deliverability. The funding for these deals will be in place for all LEPs by April 2015.

  • Chuka Umunna – 2014 Parliamentary Question to the Department for Communities and Local Government

    Chuka Umunna – 2014 Parliamentary Question to the Department for Communities and Local Government

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

    To ask the Secretary of State for Communities and Local Government, on how many occasions the Future High Streets Forum has met this year; and who has attended each such meeting.

    Penny Mordaunt

    The Future High Streets Forum has met three times this year, on 21 January, 29 April and 8 July. Attendee details can be found at:

    https://www.gov.uk/government/groups/future-high-streets-forum

  • 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, pursuant to the Answer of 9 April 2014, Official Report, column 292W, on Royal Mail, from which directorate each member of staff working on the privatisation of Royal Mail was drawn.

    Matthew Hancock

    The core team of 17 people working on the sale of Royal Mail shares comprised staff from the Shareholder Executive. Staff in other BIS Directorates contributed to the work – primarily from Legal Directorate, Finance Directorate, Press Office and Economics and Markets Directorate.

    The project received scrutiny outside BIS from the Cabinet Office’s Major Projects Authority and a Treasury Approval Point panel.

  • 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, what the total value is of funds not yet drawn down by winning bidders under the regional growth fund in each bidding round and region.

    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 2014-04-03.

    To ask the Secretary of State for Business, Innovation and Skills, what the total value is of all bids to each round of the Regional Growth Fund; how much has been committed to winning bidders in each Regional Growth Fund bidding round; and how much such funding has been drawn down in each region to date.

    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 Transport

    Chuka Umunna – 2014 Parliamentary Question to the Department for Transport

    The below Parliamentary question was asked by Chuka Umunna on 2014-06-12.

    To ask the Secretary of State for Transport, what assessment he has made of the sufficiency of the transport links in the Streatham area; what plans he has to improve transport in that area; what research his Department has done on projects that might improve transport within the Streatham area; and if he will make a statement.

    Stephen Hammond

    Under devolution, transport in London is the responsibility of the Mayor and Transport for London (TfL).

    The Government is providing over £10 billion to TfL during this Parliament, to support a significant enhancement of London’s transport infrastructure.

    Network Rail is currently undertaking a Sussex Route study, to develop options for improvements on rail services in the Streatham area. It is due to report its findings next year.

    Residents and transport users in Streatham will also benefit from the higher capacity trains that will operate across the Thameslink network. Furthermore, as part of the new franchise, there are proposals to provide two additional trains in the peak.

  • 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, what proportion of shares in Royal Mail allocated to priority investors in its recent privatisation are still held by those investors.

    Michael Fallon

    As set out in the National Audit Office report, 22% of Royal Mail shares (220.5m) were sold to priority investors. As set out in the NAO report, at the end of January, over a half of the shares remain owned by these investors. Some have sold all their shares; some sold part of their shareholding; and others have acquired more shares.

  • 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 2014-04-03.

    To ask the Minister for the Cabinet Office, what information his Department holds on the number of individuals employed on zero-hours contracts by (a) region and (b) gender; and what research his Department has commissioned on that matter.

    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 officials from (a) his Department and (b) its executive agencies and associated public bodies worked on the Royal Mail privatisation.

    Michael Fallon

    The core team working on the sale of Royal Mail shares was comprised of 17 people. None of the Department’s Partner organisations were involved in taking forward the initial public offering.

  • 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, pursuant to the Answer of 16 December 2013, Official Report, column 415, on Royal Mail, over what time period the (a) final price achieved and (b) aftermarket performance of the shares will be assessed under the benchmarks set by the Government.

    Michael Fallon

    We have not set a rigid timetable for the assessment of whether the discretionary payment should be made. As seen in recent days, there is still volatility in Royal Mail’s share price.