Tag: Chuka Umunna

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

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 currently work in the Government’s Reshore UK service; how many such officials were previously employed in (a) the Manufacturing Advisory Service and (b) other Government departments or agencies; and where the staff of the Reshore UK service are currently located.

Michael Fallon

Reshore UK brings together and joins-up existing resources and activities of UK Trade and Investment (UKTI) globally, the Manufacturing Advisory Service (MAS) in England and partner bodies in Scotland, Wales and Northern Ireland to promote the UK as the location of choice for businesses considering reshoring: it is not an employer in its own right.

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

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

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.

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.

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.