(2 years, 1 month ago)
Lords ChamberThere were a number of questions there. The noble Lord, Lord Whitty, mentioned the considerable sums that we will expend on the social housing decarbonisation fund; that funding will be matched by local authorities and housing associations, so we will get more bang for our buck. I am sure that we will have many debates on the Energy Bill. A considerable amount of work has gone into it. There will be some additions to the Bill to cover late policy changes, but I will outline those to the House at Second Reading.
My Lords, is there any information about the extent to which domestic heating costs are benefiting from global warming?
(2 years, 4 months ago)
Lords ChamberOf course, it was regrettable that we did not manage to include some more insulation measures within the energy security strategy, but the Government always back people to take responsible decisions, as I mentioned in my Answer to the noble Lord, Lord Rooker. We want to support people to make responsible choices, whether in heating their home, in travelling or in their personal circumstances.
The House has debated this subject on many occasions, and we will continue to be led by the science. My noble friend will be aware that the Secretary of State recently commissioned the British Geological Survey to have another look at the scientific evidence for fracking, but we cannot ignore the problems that were caused by the Cuadrilla test wells. If those objections can be overcome and we can gain the support of local communities, there is no reason why we cannot do it, but let us not think that this will be a short-term answer to our problems.
(2 years, 4 months ago)
Lords ChamberI am of course aware—we have discussed this before—that there were difficulties for travelling musicians and others, which principally revolved around the different visa requirements of different EU member states, but I know that DCMS in particular has been heavily engaged in working with member states to work out exactly what the visa requirements are and to publish them on the UK government website to provide support to businesses that are struggling, exactly as the noble Lord says. I think that the situation is a lot easier than it was last year.
My Lords, does the Department for International Trade research fully the demand potential for British products and services?
Indeed, a huge amount of work goes on to identify businesses that can export. The 2020 national survey informed us that something like one in seven have never exported but have the potential; their goods and services could be exported. They are very much our target audience for providing export services to help them to fulfil their potential.
(2 years, 5 months ago)
Lords ChamberI am sorry that the noble Lord cannot believe that the European Commission could do anything wrong, but this is actually part of the trade and co-operation agreement that the EU and the UK signed up to. We want to see all parts of that agreement implemented.
My Lords, Horizon Europe is the EU’s key funding programme for research and innovation, with a budget of £95.5 billion. It tackles climate change, helps to achieve the UN’s sustainable development goals, and boosts the EU’s competitiveness and growth. Legal entities from the EU and associate countries can participate. Can our participation and our expenditure be on the basis of having the ability to benefit from items that we are financing?
(2 years, 8 months ago)
Lords ChamberThe noble Lord makes a good point, and I very much sympathise with his concern. However, we received a lot of replies to the consultation and are currently working through the options. He will be aware that any proposals in this area will require primary legislation and have resourcing implications for the Small Business Commissioner, so we are currently working through all the options.
My Lords, the tidying up of late payment problems without hurting trade still needs to be addressed by both larger and smaller companies. What does the noble Viscount envisage the Small Business Commissioner needing to help to deal with the problem of requiring senior company officers to explain their position to them? How does he envisage that those arrangements will improve the situation?
(2 years, 8 months ago)
Lords ChamberThe noble and gallant Lord makes a good point, which is why we have strengthened our powers under the National Security and Investment Act, recently passed in this House. We look forward to implementing that legislation on 4 January. It will require notifications in 17 key areas of the economy. On top of that, the Secretary of State has additional call-in powers.
My Lords, does the Minister agree that it would be a disaster if the last remaining large semi-fab business fell permanently into the hands of the Chinese?
As I said in response to an earlier question, Nexperia, the company concerned, already had 15% of this company anyway, and already owns other semiconductor manufacturing plants in the UK. The noble Lord can read its statement as to what it intends to pursue for this business, if he wishes to do so.
(2 years, 9 months ago)
Lords ChamberI am sorry that the noble Lord takes that view. However, we had some interesting revelations in the recent Pandora papers. There is a certain lady who is the wife of one of the ex-leaders of the Labour Party who chose to buy property through a British Virgin Islands registered company—perfectly legally, but she managed to save a substantial amount of tax. So, if I were a Labour Peer, I would be careful where I went with this.
I assume that the noble Baroness, Lady Donaghy, is referring to the registration of overseas entities Bill, which establishes a framework for the register of companies to establish a register of overseas entities. All overseas entities that own or wish to acquire property in the UK will be required to have registered before they can register their title or dispose of the property. This places a practical bar against dealing with UK property to any company not having complied with the registration requirements. Existing owners have 18 months in which to register.
My noble friend is correct about our intention for the registration of overseas entities, and an 18-month transitional regime is planned once the register has been implemented. This will give overseas entities time to either dispose of their holdings or identify and register their beneficial owners. The regime will disincentivise anyone seeking to do business with a non-compliant overseas entity.
(2 years, 10 months ago)
Lords ChamberMy Lords, we continue deliberations with a whole range of businesses, including, of course, the fashion business. Ensuring a tough response to modern slavery remains a priority for this Government. We are committed to strengthening the landmark transparency provisions in the Modern Slavery Act 2015, and these measures include the introduction of financial penalties on organisations which fail to publish modern slavery statements, and these will be enforced by our new single enforcement body once it comes into operation.
What are the Government doing about modern slavery in China, particularly Xinjiang, which can be identified—as the noble Lord, Lord Rooker, pointed out—by elemental analysis of cotton? What is their policy on British investment in relation to China?
For the first part of my noble friend’s question, I refer to the answer I gave previously. On investment generally, we continue to pursue a positive economic relationship with China and we think that it is in our interests to increase trade with China. As an open economy, we welcome trade and investment; however, as I have said on many occasions, we are not so stupid as to welcome harmful investment from China.
(2 years, 11 months ago)
Lords ChamberAs I said, we are working closely with the various professional associations and seeking to clarify the law in existing member states through our embassies, with which we are working closely. We want to provide as much clarity as possible. I am afraid that I do not have information on whether the ETIAS regime will change the situation, but I would be happy to write to the noble Lord.
My Lords, the noble Lord, Lord Aberdare, is asking whether the Government might seek similar arrangements with 19 EU countries to end the visa and work permit requirements for those providing short-term tours and mountain guides. I wish the negotiators good luck, but I suspect that the European Union, especially France, might take a more protectionist view, especially where ski guides and instructors have had to be fully French-trained.
(3 years, 1 month ago)
Lords ChamberThe Government are making substantial progress in this area. The noble Baroness will be aware that we will be publishing our heat building strategy shortly, which will help to set out this path. We are already doing a lot through a number of targeted investments, through the local authority delivery fund and the social housing decarbonisation fund, to help those on the lowest incomes to decarbonise their houses and properties.
How has the Minister’s department, BEIS, helped to support this transition while also fostering innovation by business at all times and at all levels?
My noble friend is very keen on innovation. I am delighted to tell him that, as part of BEIS’s £505 million energy innovation portfolio and our £10 million Industrial Energy Efficiency Accelerator programme, we have provided grant funding for technology developers—industrial sites to install, test and prove innovative equipment that could help to reduce energy consumption and greenhouse gas emissions. We have also boosted access for SMEs to energy efficiency innovation competition and provided £6 million to fund the development of innovative market solutions that can provide businesses with tailored energy efficiency advice.