Apr. 10 2024
Source Page: Information relating to Professor John Brown CBE role within NHS Scotland: FOI releaseFound: Professor Brown co-chaired the NHS Scotland Corporate Governance Steering Group that produced, in December
Mentions:
1: Damian Collins (Con - Folkestone and Hythe) Looking at that schedule, it seems to me that the corporate governance statement that clubs will need - Speech Link
2: Damian Collins (Con - Folkestone and Hythe) What you set out is what you would expect from any other corporation looking at a corporate governance - Speech Link
3: Stephanie Peacock (Lab - Barnsley East) We need independent non-executive directors to ensure corporate governance in football clubs.Tim Payton - Speech Link
4: Matt Rodda (Lab - Reading East) Where I see it linking across to other areas of the Bill is the INED under the corporate governance code - Speech Link
May. 13 2024
Source Page: DBT Audit and Risk Assurance Committee: terms of referenceFound: It provides advice to the board and DBT’s Accounting Officer on issues of: risk control governance
Mentions:
1: Lord Offord of Garvel (Con - Life peer) It is quite incredible to think back on the scale of the failure here, both of governance and of corporate - Speech Link
2: Lord Offord of Garvel (Con - Life peer) The corporate answer is that the chief executive reports to the chairman; the job of the chairman is - Speech Link
3: Lord Offord of Garvel (Con - Life peer) What is clear is that there has been a failure of governance. - Speech Link
Mentions:
1: Lord Forsyth of Drumlean (Con - Life peer) Should there not at least be a review of the standards of governance on that board? - Speech Link
2: Lord Offord of Garvel (Con - Life peer) Its governance is as an arm’s-length body with its own board, where the Government have a shareholder - Speech Link
3: Lord Browne of Ladyton (Lab - Life peer) It is another example of how poorly equipped the UK is to deal with corporate abuses.Let us look across - Speech Link
Mentions:
1: Johnstone, Alison (NPA - Lothian) I call Maggie Chapman to speak to and move the motion on behalf of the Scottish Parliamentary Corporate - Speech Link
2: Chapman, Maggie (Green - North East Scotland) I am delighted to be speaking to the motion in my name as a member of the corporate body appointment - Speech Link
Found: Schedule 5, Corporate Governance (all Clubs to have two iNEDs) The AST has long called for Club’s governance
Mentions:
1: None , information technology and legal services more typically being combined under a director of corporate - Speech Link
2: Simpson, Graham (Con - Central Scotland) There was a corporate credit card—or was there more than one? - Speech Link
3: None I believe that all members of the senior management team have corporate credit cards. - Speech Link
4: None the adequacy of governance—in which it highlights weaknesses. - Speech Link
5: None There is a chief executive, a director of strategy and governance, a director of corporate and internal - Speech Link
Mentions:
1: Simon Hoare (Con - North Dorset) review published on 29 January.Sandwell Metropolitan Borough CouncilFollowing evidence provided by a governance - Speech Link
Asked by: John Redwood (Conservative - Wokingham)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what UK Government Investments Ltd.'s targets are for (a) rates of return, (b) dividends and (c) capital investment.
Answered by Bim Afolami - Economic Secretary (HM Treasury)
UK Government Investments (UKGI) provides governance and corporate finance expertise to UK Government departments in support of their policy objectives.
UKGI performs the shareholder function for a portfolio of arm’s length bodies (ALBs) on behalf of government departments.
The targets and objectives for the individual ALBs within UKGI’s portfolio are set by the relevant department.
Whilst some of these bodies return dividends, others exist to deliver public services such as National Highways.
For example, the UK Infrastructure Bank (UKIB) is an ALB within UKGI’s portfolio. HM Treasury (HMT) are the sponsor department for UKIB and own the shares in UKIB. UKGI advise HMT on corporate governance and act as HMT’s representative on the Board. HMT set relevant targets for UKIB, including a return on equity target of 2.5% - 4% by the end of the financial year 2025-26 (Link here).