To match an exact phrase, use quotation marks around the search term. eg. "Parliamentary Estate". Use "OR" or "AND" as link words to form more complex queries.


Keep yourself up-to-date with the latest developments by exploring our subscription options to receive notifications direct to your inbox

Written Question
Culture Recovery Fund
Tuesday 13th October 2020

Asked by: Baroness Smith of Basildon (Labour - Life peer)

Question to the Department for Digital, Culture, Media & Sport:

To ask Her Majesty's Government which organisations (1) have benefitted, or (2) are due to benefit, from the Culture Recovery Fund; and in which regions those organisations are located.

Answered by Baroness Barran - Parliamentary Under-Secretary (Department for Education)

Applications to Arts Council England, Historic England, National Lottery Heritage Fund and British Film Institute closed in early September.

Additional funding from the £1.57bn will has gone to Scotland (£97m); Wales (£59m) and Northern Ireland (£33m)

On 22nd August, the £3.36 million Emergency Grassroot Music Venues Fund was shared among 136 venues across England who applied for support to survive the imminent risk of collapse caused by the coronavirus pandemic.

As part of this package, The British Film Institute (BFI) is also administering a £30-million fund on a rolling basis to support independent cinemas as they reopen, which will run until October 30th. The first wave of grant allocations was announced on Friday 2nd October, which saw 42 independent cinemas across England receive a share of £654,883.

On Friday 9th October 445 heritage organisations were awarded £103 million from the Culture Recovery Fund for Heritage. Grants of up to £1m will deliver a lifeline for the heritage sector in England with further support to follow and larger grants for capital projects awarded through the Heritage Stimulus Fund.

On Monday 12th October Arts Council England awarded £257 million to over 1,300 organisations which applied for less than £1 million. The funding goes to theatres, galleries, performance groups, arts organisations, museums and local venues facing the challenges of the coronavirus pandemic to ensure they have a sustainable future.

Further announcements of how the £1.57 billion Culture Recovery Fund will be allocated will be made in the coming weeks.


Written Question
Social Investment Advisory Group
Thursday 9th March 2017

Asked by: Baroness Smith of Basildon (Labour - Life peer)

Question to the Department for Digital, Culture, Media & Sport:

To ask Her Majesty’s Government<i>, </i>further to the answer by Lord Ashton of Hyde on 10 January (HL Deb, col 1857), who is on the advisory group set up to open social investment products to individuals, how frequently will the group meet, when was the group’s first meeting, and what are its terms of reference.

Answered by Baroness Buscombe

The advisory group is chaired by Elizabeth Corley, VC Allianz Global Investors, and is made up of senior industry representatives from across the savings and investment sectors, with a balance of CEO’s, senior practitioners and product experts. A full list of organisations that are involved can be found at Annex A.

The group’s first meeting was on the 18th January and will meet four more times before July, when the group will announce their initial recommendations to government and industry. The three working groups, that have been set up to look at specific issues around Product, Distribution and Customer Engagement, will meet more frequently. Terms of reference can be found at Annex B

Annex A – List of organisations involved in the advisory group

The advisory group is split into:

(a) An advisory committee acting as a high-level sounding board

(b) A steering group which shapes the work

(c) Three working groups looking in-depth at specific issues around Product, Distribution and Customer Engagement

The Chair of the advisory group (which encompasses all of the above) is Elizabeth Corley, VC Allianz Global Investors, and it currently has representation from the following firms (subject to change/additions):

  • Aberdeen Asset Management
  • Albion Ventures
  • Architas
  • Axa Investment Managers
  • Barclays
  • Big Issue Invest
  • Big Society Capital
  • Blackrock
  • Bridges Ventures
  • Centapse
  • CFA Society UK
  • City of London Social Investment Board
  • ClearlySo
  • Columbia Threadneedle
  • Esmee Fairbairn Foundation
  • FCA (Financial Conduct Authority)
  • FRC (Financial Reporting Council)
  • Grant Thornton
  • Hargreaves Lansdown
  • Henderson Global Investors
  • Hermes Investment Management
  • HSBC
  • Invesco
  • Investment Association
  • Legal & General Investment Management
  • Lloyds Bank
  • M&S Bank
  • Mercer
  • NEST (National Employment Savings Trust)
  • New Philanthropy Capital
  • Nutmeg
  • PLSA (Pensions & Lifetime Savings Association)
  • Social Finance
  • St James Place
  • Standard Life
  • Squaremile
  • Triodos
  • Trust for London
  • UBS
  • UK National Advisory Board on Impact Investing
  • Virgin Money
  • Worthstone

Annex B: Terms of Reference

ADVISORY GROUP TO GOVERNMENT:

CREATING A CULTURE OF SOCIAL IMPACT INVESTMENT AND SAVINGS

ENHANCING INDIVIDUAL CHOICE

Summary:

How can the savings, pensions and investment industries, with the support of government, engage with individual investors to enable them to support more easily the things they care about through their savings and investment choices?

Detail:

The advisory group has been formed at the request of the Minister for Civil Society and the Economic Secretary to the Treasury.

It has been created to discuss how the savings, pensions and investment industries, with the support of government, can engage with individual investors to enable them to support more easily the things they care about through their savings and investment choices, whether through retail options or in collective schemes.

The aims of the advisory group are to:

1. Explore barriers to the development of products with social impact components

2. Explore barriers to the demand for and distribution of such products

3. Consider who is best placed to identify and implement solutions

4. Consider how existing best practice, regulatory incentives and further measures can reduce or remove barriers

5. Develop ideas for how best to explain social impact savings and investment choices to individuals and to provide feedback on impact to any fiduciaries and advisors involved

6. Discuss timescales for solutions, including possible next steps for any longer-term work to be taken forward beyond the advisory group.

Elizabeth Corley, Vice Chair of Allianz Global Investors (and previously CEO) has been asked to Chair the group. The group has been asked to make an initial report to the Minister for Civil Society and the Economic Secretary to the Treasury in Summer 2017.

Conclusions and recommendations are those of the group, but may not represent any individual member’s view. Any decisions on government policy rest with the ministers of the day.


Written Question
Social Enterprises
Thursday 9th March 2017

Asked by: Baroness Smith of Basildon (Labour - Life peer)

Question to the Department for Digital, Culture, Media & Sport:

To ask Her Majesty’s Government what is their estimate of the number of people employed by social enterprises in each year since 2010.

Answered by Baroness Buscombe

The attached “Social Enterprise: Market Trends 2014” report found that the social enterprise sector employed roughly 2.27 million people in 2014. Estimated employment had increased by approximately 300,000 since 2012, when data were last collected. Data for 2016 are being collated and reviewed and will be published later this year.


Written Question
Gambling: Children
Thursday 2nd March 2017

Asked by: Baroness Smith of Basildon (Labour - Life peer)

Question to the Department for Digital, Culture, Media & Sport:

To ask Her Majesty’s Government, further to the answer by Lord Ashton of Hyde on 12 January (HL Deb, col 2064), what measures are available to the Gambling Commission to take action against overseas providers which fail to prevent underage gambling.

Answered by Lord Ashton of Hyde

All operators that offer bets to people in Great Britain must obtain a licence from the Gambling Commission. Where an operator breaches the conditions of its licence the Gambling Commission has a range of powers at its disposal, including financial penalties, imposition of licence conditions or revoking the licence.

Where websites are identified that are offering facilities for gambling to customers in Britain without the appropriate licence the Commission will take action to ensure compliance with the licensing regime.


Written Question
Gambling: Children
Thursday 2nd March 2017

Asked by: Baroness Smith of Basildon (Labour - Life peer)

Question to the Department for Digital, Culture, Media & Sport:

To ask Her Majesty’s Government, further to the answer by Lord Ashton of Hyde on 12 January (HL Deb, col 2064), what is the conviction rate of people who have been reported for failure to prevent underage gambling.

Answered by Lord Ashton of Hyde

The protection of children from being harmed or exploited by gambling is one of the three licensing objectives that underpin the regulation of gambling in Great Britain. The Commission use a range of tools to prevent children from accessing gambling, one of which is to issue penalties.

The Gambling Commission licence and regulate gambling operators but individual gambling premises (across the land based sectors) are regulated by licensing authorities (local authorities). Any individual action in relation to land based gambling premises regarding underage gambling would therefore be taken by licensing authorities; as such, the Government does not hold the number of people convicted of failing to prevent underage gambling.

In terms of online, from November 2014 the Commission’s regulatory framework was extended to include, for the first time, remote gambling operators that are based outside of Britain but are selling to customers here. In February 2017 the Gambling Commission prosecuted two men who were offering online unlicensed gambling to children. Fines and costs totalled £265,000.


Written Question
Gambling: Children
Thursday 2nd March 2017

Asked by: Baroness Smith of Basildon (Labour - Life peer)

Question to the Department for Digital, Culture, Media & Sport:

To ask Her Majesty’s Government<i>, </i>further to the answer by Lord Ashton of Hyde on 12 January (HL Deb, col 2064), how many times the Gambling Commission has taken action for failure to prevent underage gambling in each year since 2010; and what were the penalties issued in each case<i>.</i>

Answered by Lord Ashton of Hyde

The protection of children from being harmed or exploited by gambling is one of the three licensing objectives that underpin the regulation of gambling in Great Britain. The Commission use a range of tools to prevent children from accessing gambling, one of which is to issue penalties.

The Gambling Commission licence and regulate gambling operators but individual gambling premises (across the land based sectors) are regulated by licensing authorities (local authorities). Any individual action in relation to land based gambling premises regarding underage gambling would therefore be taken by licensing authorities; as such, the Government does not hold the number of people convicted of failing to prevent underage gambling.

In terms of online, from November 2014 the Commission’s regulatory framework was extended to include, for the first time, remote gambling operators that are based outside of Britain but are selling to customers here. In February 2017 the Gambling Commission prosecuted two men who were offering online unlicensed gambling to children. Fines and costs totalled £265,000.