Canlyniadau 41–60 o 502 ar gyfer speaker:Lord Offord of Garvel

Written Answers — Department for Business and Trade: Iron and Steel: Port Talbot ( 2 Mai 2024)

Lord Offord of Garvel: The Government is providing a grant worth up to £500 million, as part of a wider £1.25 billion investment by Tata Steel. This will not only modernise Port Talbot but protect many jobs at the steelworks for the long term. We are working with Tata Steel to provide up to £100 million of funding towards the dedicated Transition Board, with membership including representatives of the Welsh...

Written Answers — Department for Business and Trade: Business: Economic Situation ( 2 Mai 2024)

Lord Offord of Garvel: The Department continuously monitors and works to improve our offer to help businesses access the finance and support they need. Government works with the British Business Bank to help SMEs access finance. The Recovery Loan scheme, renamed the ‘Growth Guarantee Scheme’, was extended, which offers a 70% government guarantee on loans to SMEs. The VAT registration threshold was also...

Written Answers — Department for Business and Trade: Iron and Steel: Port Talbot ( 2 Mai 2024)

Lord Offord of Garvel: The quantities of coal and equivalent electricity usage at Port Talbot steelworks is commercially sensitive information held by Tata Steel UK. However, HMG understands that coal is used throughout Port Talbot steelworks in various functions to feed the blast furnaces, via the Morfa Coke Ovens (which as announced on 20 March by Tata Steel, are being closed) and Injection Plant. Coal is an...

Written Answers — Department for Business and Trade: Company Liquidations ( 1 Mai 2024)

Lord Offord of Garvel: Time Period (years) Number of Companies in Liquidation 0 - 5 56,363 5 - 10 10,042 10 - 15 8,189 15 + 20,822 The figures show when the most recent liquidation process began for distinct entities. These figures include liquidations notified to the Registrar of Companies up to 31 December 2023. These figures are being provided as management information and are unaudited and are...

Written Answers — Department for Business and Trade: Post Office: Audit ( 1 Mai 2024)

Lord Offord of Garvel: The Post Office Horizon IT Inquiry continues to gather evidence about the Horizon scandal. The Government will consider any lessons learned in respect of audit and other matters once the Inquiry has reported. We have regular discussions with the Financial Reporting Council (FRC) regarding its regulation of statutory audit, while recognising its role as an independent regulator. The FRC is...

Written Answers — Department for Business and Trade: Horizon IT System: Prosecutions ( 1 Mai 2024)

Lord Offord of Garvel: The Post Office Horizon IT Inquiry continues to gather evidence about the Horizon scandal. The Metropolitan Police are a core participant in the Inquiry; it will be for them and the Crown Prosecution Service to consider any prosecutions. The Government does not fund private prosecutions.

Written Answers — Department for Business and Trade: Horizon IT System: Northern Ireland (29 Ebr 2024)

Lord Offord of Garvel: The Government have decided to extend the territorial extent of the Post Office (Horizon System) Offences Bill to Northern Ireland. This is the right choice as the Northern Ireland Assembly faces significant and unique challenges to delivering the necessary legislation at an expedited pace following its recent restoration and its public consultation requirements. These challenges posed the...

Written Answers — Department for Business and Trade: Electric Vehicles: Batteries (23 Ebr 2024)

Lord Offord of Garvel: AESC currently has a 1.9GWh facility operational in Sunderland. The UK has a further 52GWh per annum battery capacity committed – 12GWh from the AESC Gigafactory under construction in Sunderland and a further 40GWh from the planned Agratas Gigafactory. This is over half the capacity needed to meet industry demand forecasts of around 90GWh by 2030.

Written Answers — Department for Business and Trade: Aviation: Taxis (15 Ebr 2024)

Lord Offord of Garvel: A research consortium led by Vertical Aerospace, including four universities, was awarded an Aerospace Technology Institute (ATI) Programme grant to develop propeller technology. The ATI Programme co-funds UK research and development activity with industry to develop zero-carbon and ultra-efficient aircraft technology. Grants are awarded after a competitive process, with only the best...

Written Answers — Department for Business and Trade: Small Businesses: Billing (10 Ebr 2024)

Lord Offord of Garvel: While the UK has a strong record of payment times, we are determined to see payment times fall to ensure that small businesses are given the best chance of succeeding. The Government set out policy actions in the Prompt Payment and Cash Flow which was published alongside the Autumn Statement in November 2023. These actions include extending Payment Performance Reporting Regulations with...

Written Answers — Department for Business and Trade: Regional Assistance: Northern Ireland ( 8 Ebr 2024)

Lord Offord of Garvel: The Government has notified three measures to the European Commission for approval with respect to Northern Ireland since February 2023. Two of these schemes have been or will be applied UK-wide. The third is a Northern Ireland agricultural subsidy scheme, resulting from the benefit and freedom of no longer being part of the Common Agricultural Policy.

Written Answers — Department for Business and Trade: Horizon IT System: Northern Ireland ( 5 Ebr 2024)

Lord Offord of Garvel: The UK Government has worked at pace to deliver legislation to tackle the injustice faced by wrongfully convicted postmasters. The Government carefully considers the territorial extent of each piece of legislation and remains committed to supporting devolved administrations. Devolved administrations with powers to legislate in these areas should be expected to use them, as the UK Government...

Written Answers — Department for Business and Trade: Companies: Insolvency ( 5 Ebr 2024)

Lord Offord of Garvel: Company insolvencies in 2023 were 14% higher than in 2022. However, the liquidation rate of 53.7 insolvencies per 10,000 active companies was lower than the recessionary peak of 94.7 per 10,000 in 2009. The average number of quarterly company insolvencies in the past 3 years (2021-2023) was 5,112. This is 28% higher than 2017 to 2019, when the quarterly average was 3,982. The Government...

Written Answers — Department for Business and Trade: Arms Trade: Israel ( 3 Ebr 2024)

Lord Offord of Garvel: The Government continues to monitor closely the situation in Israel and Gaza. The Government can and does respond quickly and flexibly to changing international circumstances. All export licences are kept under careful and continual review as standard. We are able to amend, suspend or revoke extant licences and refuse new licence applications as circumstances require.

Written Answers — Department for Business and Trade: Arms Trade ( 3 Ebr 2024)

Lord Offord of Garvel: All export licence applications are assessed on a case-by-case basis against the Strategic Export Licensing Criteria. The Criteria provide a thorough risk assessment framework and the Export Control Joint Unit will not issue an export licence to any destination where to do so would be inconsistent with the Criteria. The Government continues to monitor closely the situation in Israel and Gaza....

Written Answers — Department for Business and Trade: Tata Steel: Port Talbot (27 Maw 2024)

Lord Offord of Garvel: As announced on the 15th of September 2023, Tata Steel is investing £1.25 billion, including a UK Government grant worth up to £500 million, in a new Electric Arc Furnace. This support is expected to save at least 5,000 jobs in the company, and thousands more in the supply chain. Where staff are affected by the transition to an Electric Arc Furnace, Tata has a legal obligation to consult...

Digital Markets, Competition and Consumers Bill - Third Reading: Motion (26 Maw 2024)

Lord Offord of Garvel: My Lords, I add my thanks to all noble Lords who have been involved in the diligent scrutiny we have given the Bill in recent months. The Digital Markets, Competition and Consumers Bill will drive innovation and deliver better outcomes for consumers by addressing barriers to competition in digital markets and tackling consumer rip-offs. I am very grateful to noble Lords for the dedication,...

Digital Markets, Competition and Consumers Bill - Third Reading: Amendment 2 (26 Maw 2024)

Lord Offord of Garvel: My Lords, I am delighted to move Amendment 2, which mirrors the intention of the amendment tabled by my noble friend Lord Lucas on Report on reminder notices, an amendment which was also supported by my noble friend Lord Black, the noble Lord, Lord Clement-Jones, and the noble Baroness, Lady Jones. Amendment 2 would remove the requirement for businesses to send reminder notices separately...

Digital Markets, Competition and Consumers Bill - Third Reading: Amendment 2 (26 Maw 2024)

Lord Offord of Garvel: I thank my noble friends Lord Black and Lord Lucas, and today the noble Lord, Lord Clement-Jones, and the noble Baroness, Lady Jones, for their continuing engagement on this topic and on the Bill more broadly. I am pleased they agree that the Government have achieved the right balance between business and consumers on reminder notices and that we have ensured that businesses’ communications...


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