Today I will lay before Parliament a departmental minute describing a number of contingent liabilities arising from the issuance of letters of credit for the energy administrators acting in the special administration regime for Bulb Energy Limited (“Bulb”). These letters of credit replace previous ones …..." Kwasi Kwarteng - View Speech
"I am tabling this statement for the benefit of hon. Members to bring to their attention spend under the Industrial Development Act 1982. In addition to the obligation to report on spend under the Industrial Development Act annually, the Coronavirus Act 2020 created a new quarterly reporting requirement for spend …..." Kwasi Kwarteng - View Speech
"I am tabling this statement for the benefit of hon. and right hon. Members to bring to their attention the details of the extension to the Recovery Loan Scheme (RLS).
RLS is facilitated by the Government-owned British Business Bank and delivered through its delivery partners. Under the extension, lenders will …..." Kwasi Kwarteng - View Speech
"BEIS has been committed to improving the business environment and delivering upon the pillars of the plan for growth. We have a plan to secure more domestic energy, support people with the cost of living now, grow the economy and raise wages by reindustrialising our industrial heartlands and unleashing innovation, …..." Kwasi Kwarteng - View Speech
"The Advanced Research and Invention Agency (ARIA) is the Government’s new science funding agency. Backed by £800 million out to 2025-26, ARIA will pursue the scientific and technological discoveries that have the potential to profoundly change our world for the better.
"My hon. Friend will be aware that photonics is one of the seven technology families highlighted in the innovation strategy with the absolute intention of showing and developing its domestic potential and the exports possibilities...." Kwasi Kwarteng - View Speech
"My hon. Friend will appreciate that in the current circumstances 18 October is a very long time away, but of course I will do my best to attend that conference...." Kwasi Kwarteng - View Speech
"By a curious anomaly, the semiconductor strategy is fully owned by the Department for Digital, Culture, Media and Sport, so that question could be directed to it, but I am grateful that the hon. Member has acknowledged the booming sector here in the UK...." Kwasi Kwarteng - View Speech
"We talk in Cabinet about the cost of living and the price cap all the time. The hon. Member will know that decisions on the level of the price cap are for Ofgem, but it is something we are constantly talking about in Cabinet...." Kwasi Kwarteng - View Speech
"The hon. Member will know that the various parts are moving in the Government, but I am sure there will be the customary statement or Budget in November from my right hon. Friend the Chancellor of the Exchequer, and I am sure there will be some interesting measures there to …..." Kwasi Kwarteng - View Speech