4 Former APPG memberships
Corporate Governance, EU Relations, Islamic Finance, PensionsDivision Voting information
Debates during the 2024 Parliament
Speeches made during Parliamentary debates are recorded in Hansard. For ease of browsing we have grouped debates into individual, departmental and legislative categories.
Sparring Partners
(8 debate interactions)
(5 debate interactions)
Department Debates
(42 debate contributions)
(3 debate contributions)
(2 debate contributions)
(2 debate contributions)
Legislation Debates
(8,983 words contributed)
(2,231 words contributed)
Lords initiatives
These initiatives were driven by Baroness Bowles of Berkhamsted, and are more likely to reflect personal policy preferences.
2 Bills introduced by Baroness Bowles of Berkhamsted
A Bill to make provision about listed investment companies; the classification and characteristics of those companies; and for connected purposes.
Wednesday 18th December 2024
Friday 11th July 2025
Order Paper number: 20
(Unlikely to be Debated - would require unanimous consent to progress)
A bill to create an offence of conduct in trade and commerce that is unconscionable; and for connected purposes
Baroness Bowles of Berkhamsted has not co-sponsored any Bills in the current parliamentary sitting
Latest 12 Written Questions
(View all written questions)9 Department for Business and Trade Questions
(View all Baroness Bowles of Berkhamsted's DBT questions)The guidance referred to in HL5235 is the FRC's Guidance on the Going Concern Basis of Accounting and Related Reporting (including Solvency and Liquidity risks). This guidance was developed to support companies in completing their 'going concern statement' and not to address matters relating to distributable profits. The Institute of Chartered Accountants England and Wales (ICAEW) currently prepares guidance on how companies should calculate their distributable reserves.
Baroness in Waiting (HM Household) (Whip)
Guidance issued by the Financial Reporting Council does not change any legal requirement. The issuance and/or application of this guidance would not therefore have caused a change in the going concern basis of accounting assessment.
Baroness in Waiting (HM Household) (Whip)
The Government announced in the King's Speech its intention to publish a draft Audit Reform and Corporate Governance Bill that will transition the FRC to a new Audit, Reporting and Governance Authority and provide it with relevant powers. The Government will consider the recommendations of the report, including relating to the Government and FRC producing definitions and guidance on what constitutes distributable profits, as work progresses.
Baroness in Waiting (HM Household) (Whip)
The Official Receiver on behalf of Carillion Plc and another issued a negligence claim against KPMG, the company's auditors, in November 2021. The area of law on which the claim was based was negligence. The negligence action and compliance with accounting standards are closely connected and the defence to the action relates to both. The defence itself is held on the court file which can be inspected with the consent of the court.
Baroness in Waiting (HM Household) (Whip)
The Financial Reporting Council (FPR) 'Guidance on the Going Concern Basis of Accounting and Related Reporting (including Solvency and Liquidity Risks)' (the guidance) is non-mandatory and non-statutory guidance issued by the FRC to support its public interest outcomes. The guidance was not developed to address matters relating to distributable profits.
Section 393 of the Companies Act 2006 is referenced in the guidance as one of the relevant requirements. Accounting standards set the threshold for departing from the going concern basis of accounting. As noted in paragraph 3.3 of the guidance, there are often realistic alternatives to liquidation or cessation of operations.
Baroness in Waiting (HM Household) (Whip)
The Financial Reporting Council (FPR) 'Guidance on the Going Concern Basis of Accounting and Related Reporting (including Solvency and Liquidity Risks)' (the guidance) is non-mandatory and non-statutory guidance issued by the FRC to support its public interest outcomes. The guidance was not developed to address matters relating to distributable profits.
Section 393 of the Companies Act 2006 is referenced in the guidance as one of the relevant requirements. Accounting standards set the threshold for departing from the going concern basis of accounting. As noted in paragraph 3.3 of the guidance, there are often realistic alternatives to liquidation or cessation of operations.
Baroness in Waiting (HM Household) (Whip)
The Financial Reporting Council (FPR) 'Guidance on the Going Concern Basis of Accounting and Related Reporting (including Solvency and Liquidity Risks)' (the guidance) is non-mandatory and non-statutory guidance issued by the FRC to support its public interest outcomes. The guidance was not developed to address matters relating to distributable profits.
Section 393 of the Companies Act 2006 is referenced in the guidance as one of the relevant requirements. Accounting standards set the threshold for departing from the going concern basis of accounting. As noted in paragraph 3.3 of the guidance, there are often realistic alternatives to liquidation or cessation of operations.
Baroness in Waiting (HM Household) (Whip)
The Financial Reporting Council (FPR) 'Guidance on the Going Concern Basis of Accounting and Related Reporting (including Solvency and Liquidity Risks)' (the guidance) is non-mandatory and non-statutory guidance issued by the FRC to support its public interest outcomes. The guidance was not developed to address matters relating to distributable profits.
Section 393 of the Companies Act 2006 is referenced in the guidance as one of the relevant requirements. Accounting standards set the threshold for departing from the going concern basis of accounting. As noted in paragraph 3.3 of the guidance, there are often realistic alternatives to liquidation or cessation of operations.
Baroness in Waiting (HM Household) (Whip)
The government does not collate this information centrally.
Financial Secretary (HM Treasury)
The government does not collate this information centrally.
Financial Secretary (HM Treasury)
The Chancellor has been clear that stability and sound money are key prerequisites for growth and strong public services. The government has taken hard but necessary decisions to fix the foundations of our economy and bring back economic stability - including through the savings identified at the July statement.
Financial Secretary (HM Treasury)