Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment he has made of the impact of his Department's funding for Pub Is The Hub on local communities.

Answered by Jacob Young

The Government recognises the important role of support organisations such as Pub is The Hub in helping local communities create and maintain vital community assets. Pub is The Hub has received funding from the department previously and their work demonstrates the wider role which pubs can play in running local services, nurturing community relationships, and helping communities to thrive socially and economically.

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, if she will make an assessment of the potential impact of restrictions on equity dilution on the capacity of fast growing companies to recruit.

Answered by Kevin Hollinrake - Shadow Secretary of State for Levelling Up, Housing and Communities

Share awards can provide an important recruitment incentive and help align employee interests with those of the company. UK company law permits the allotment of shares for employee share schemes without applying the pre-emption provisions that otherwise require newly issued shares to be offered to existing shareholders first to avoid equity dilution. The Financial Conduct Authority’s Listing Rules require shareholder approval of employee share schemes while allowing companies in unusual circumstances to allot shares to retain or recruit a director without such prior approval.

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, if she will make an assessment of the potential merits of calling on the Investment Association to amend its principles of remuneration to provide greater flexibility for the dilution of equity in favour of employees in fast growing businesses.

Answered by Kevin Hollinrake - Shadow Secretary of State for Levelling Up, Housing and Communities

The Government welcomes the Investment Association’s commitment to review and update its Principles of Remuneration later this year, and its stated objectives to simplify the Principles and ensure that they help support a competitive UK listing environment alongside promoting the right outcomes for shareholders.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when his Department plans to respond to the consultation entitled Stamp Taxes on Shares modernisation, published on 27 April 2023.

Answered by Bim Afolami

HM Revenue and Customs issued the consultation in question and is currently working on the summary of responses, which will be published in due course.

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Philip Davies Andrew Selous Angus Brendan MacNeil Justin Tomlinson Sir Robert Goodwill Alun Cairns

Found: Steve Double Chris Green Sir Oliver Heald Danny Kruger Royston Smith Andrew Rosindell Alun Cairns

Found: Gareth Davies 2024-02-20 Alun Cairns MP, Beer APPG, Budweiser Brewing Group UK&I To discuss pressures

Found: Alun Cairns MP, Secretary of State for Wales.

Found: MS) Stephen Doughty (Cardiff South and Penarth – MP) Kevin Brennan (Cardiff West – MP) Alun Cairns

Found: Coffey MP Parliamentary Under-Secretary Department for Environment, Food and Rural Affairs) CC Alun Cairns

Found: Government Minister for International Relations Eluned Morgan, the Secretary of State for Wales Alun Cairns

Found: is co-sponsored by Welsh Government Economy Minister Ken Skates and Secretary of State for Wales Alun Cairns

Found: will be jointly sponsored by Economy Minister Ken Skates and the Secretary of State for Wales, Alun Cairns

Found: England respectively and crucially, customers on both sides of our borders are safeguarded.The Rt Hon Alun Cairns

Found: England respectively and crucially, customers on both sides of our borders are safeguarded.The Rt Hon Alun Cairns

Found: Pharmaceutical Committee Politicians (national and local) (5) Councillor Richard Bertin Alun Cairns

Found: Alun Cairns MP 88. Arts Council of Wales 89. Neath Port Talbot Homes 90. Torfaen CBC 91.

Found: Hon Alun Cairns MP Conservative March 2016 – November 2019 Rt. Hon.

Found: In March 2019, the then Secretary of State for Wales, Alun Cairns MP, set out his views on how the UK

Found: Simon Hart MP has been appointed to succeed Alun Cairns MP as Secretary of State for Wales, with David

Found: for Wales: Brexit will make the Union stronger On 2 October, the Secretary of State for Wales, Alun Cairns

Found: In response to a question on sheep farming the Secretary of State for Wales, Alun Cairns said: My right

Found: Secretary of State for Wales On 1 July, Secretary of State for Wales, Alun Cairns, accused the First

Found: Agriculture and food On 18 July during Welsh Questions , Alun Cairns, the Secretary of State for Wales

Found: Secretary for Energy, Planning and Rural Affairs, Lesley Griffiths and Secretary of State for Wales, Alun Cairns

Found: In his response to the Bill, the Secretary of State for Wales, Alun Cairns, stated: The UK Government

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Found: of Commons on 7 June 2016 and accompanied by a statement by the Secretary of State for Wales, Alun Cairns

Found: of Commons on 7 June 2016 and accompanied by a statement by the Secretary of State for Wales, Alun Cairns

Found: All eyes will now be on Alun Cairns, the new Secretary of State for Wales, as he prepares to introduce

Found: Davies Mynwy / Monmouth Alun Cairns Bro Morgannwg / Vale of Glamorgan Craig Williams Gogledd Caerdydd

Found: German Liberal Democrat Mohammad Asghar Plaid Cymru Jocelyn Davies Plaid Cymru South Wales West Alun Cairns

Found: Liberal Democrat Mohammad Asgha South South r Plaid Cymru Jocelyn Davies Plaid Cymru Wales West Alun Cairns

Found: In giving evidence to the Proposed Measure Committee, Alun Cairns, AM expressed the view that while

Found: formal recruitment process by a panel consisting of: the then Chair of the Finance Committee, Alun Cairns

<p>How many times have we in this Chamber agreed that the Crown Estate should be devolved to Wales? It's the settled will of this Senedd. We shouldn't have to keep making the point. The Welsh Government claims to agree with us. The only discussion we should be having is when and how—and that with more urgency—and not 'if'. And yet, in the context of this general election, here we are yet again. Would you like to know what Labour's manifesto for Wales says about devolving the Crown Estate? Nothing. The words 'Crown Estate' are not mentioned. Did Welsh Labour even try to get them in there? Once again, Plaid Cymru are the only ones making the case that we can and should have control of our natural resources in Wales and that these can and should be put to work for the benefit of the people and communities of Wales.</p>
<p>So, let's rehearse the arguments again. Control over the Crown Estate's assets in Scotland is already devolved, and in 2021-22, these directly generated over £15.7 million for the Scottish exchequer, and that's not to mention the investment and growth opportunities, around £25.5 billion in total, represented by Scotland's blue economy programme, which the control over Crown Estate assets makes possible. There is no reason nor defensible case as to why Scotland should have control over these assets and revenues, where Wales doesn't. The Crown Estate assets in Wales are worth £853 million. Control over them would give us the revenues that we need to create a Welsh sovereign wealth fund—something, again, that the Welsh Government claims to support in principle, but has done less than nothing to deliver.</p>
<p>We know that the Crown Estate has a central role to play in Wales's transition to net zero. Wales's seas are prime real estate when it comes to offshore renewables—again, we have heard all of this so many times, haven't we? The economic potential of the renewables in the Irish and Celtic seas offer opportunities for new green jobs and training, as well as sustainable energy production. But for any of these promises on community benefits, green and inclusive growth and job opportunities to come good, we need control of the Crown Estate; we need to be the ones setting the terms for awarding leases and development deals, baking in requirements on community benefits, skills and developing local supply chains. As it stands, I seriously worry that these opportunities will slip—perhaps already are slipping—through our fingers.</p>
<p>On Friday, during the BBC Wales leaders' debate, Vaughan Gething asserted that he had got everything he had asked for on further devolution for Wales. From this, I take it, therefore, that he didn't ask for devolution of the Crown Estate, never mind fair funding or HS2 consequentials. The UK Labour manifesto commitments on GB energy come straight out of the Boris Johnson playbook on levelling up. An ambiguous entity, it is an energy company or an investment vehicle, with a headquarters in Scotland and maybe a branch office in Wales. It will be providing finance for offshore wind developments, whose profits will ultimately flow back to the south-east of England. It promises nothing more than the continuation of an age-old trend of our natural resources being used to fill the coffers in London.&nbsp;</p>
<p>And that's the wider pattern that's repeating here, isn't it? Wales being taken for granted at best, with both power and profits flowing down and out of the M4. On his election broadcast for the BBC, Professor Richard Wyn Jones warned that Labour are looking to turn back the clock on devolution, returning power to the Wales Office and the Secretary of State in a way that even the Tories haven't done. I think that he's right, and what's worse is that I think the Labour Welsh Government is happy to sit back and let it happen. There's precedent there too, isn't there? In 2018, the Welsh Government voted against the Plaid Cymru motion of no confidence in the then Secretary of State Alun Cairns, after he vetoed the Swansea bay tidal lagoon.</p>
<p>The coming defeat of the Conservative Government should be a source of hope. But, in so many ways, it's just going to be more of the same for Wales: more of the same contraction from Westminster; more of the same economic stagnation; more of the same austerity, with perhaps as much as £935 million in public services cuts coming down the line. In this election, Plaid Cymru has made a positive case for greater fairness and ambition for Wales, for more control over our economic fortunes, and greater accountability in our economic decision making. It's a case that we will continue to make as we look beyond this election, as we take the fight to the new UK Government. We will not let them take Wales for granted. Diolch yn fawr.</p>