Contributions
4,729 recent contributions in Hansard
HANSARDSmall Business Commissioner: Late PaymentsWe do not just set up a review body; we have a consultation, as we are obliged to for all legislative proposals. It is important to get responses from all concerned. I have had…07 Dec 2021HANSARDSmall Business Commissioner: Late PaymentsMy noble friend is tempting me to get into dictionary definitions and semantics. As he well knows, I cannot give a precise timescale for the processes of government, but we are…07 Dec 2021HANSARDSmall Business Commissioner: Late PaymentsWe have a newly appointed Small Business Commissioner who is cracking on with the job. She is currently in discussion with my department about the resourcing that she requires. As…07 Dec 2021HANSARDNewport Wafer FabI know the concerns locally about the investment. I have spoken to Newport’s MP about this, and she expressed her views on the takeover. As I have said, we have taken all those…06 Dec 2021HANSARDRegulatory Enforcement and Sanctions Act 2008 (Amendment to Schedule 3) (England) Order 2021That the draft Order and Regulations laid before the House on 28 October and 1 November be approved. Considered in Grand Committee on 30 November. Relevant document: 19th Report…06 Dec 2021HANSARDNewport Wafer FabNexperia is not new to this particular company; it already owned 15% of it before the latest takeover. As I said, I cannot comment any further on that particular transaction, but…06 Dec 2021HANSARDNewport Wafer FabI share the concerns of my noble friend. This Question is getting more into foreign affairs than it is into business affairs, but I understand what he is saying. I have seen the…06 Dec 2021HANSARDNewport Wafer FabI totally share the noble Lord’s concerns about the actions of the Chinese Communist Party in Xinjiang, Tibet and various other areas where they commit appalling human rights…06 Dec 2021HANSARDNewport Wafer FabMy Lords, we welcome trade and investment where it supports UK growth and jobs and meets our legal and regulatory requirements while not compromising national security. Where we…06 Dec 2021HANSARDNewport Wafer FabThe noble Lord tempts me but I cannot go any further than I have already stated. This takeover is being reviewed by the National Security Adviser, and we hope to reach a decision…06 Dec 2021HANSARDNewport Wafer FabI do not have that information to hand. It would depend on what firms the noble Lord refers to and what form of suppliers they were. There are many hundreds of companies that…06 Dec 2021HANSARDCompanies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2021I thank both noble Lords for their esteemed interest in the Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2021. I must have missed their…06 Dec 2021HANSARDNewport Wafer FabThe noble Lord is of course aware that we have announced action in both of those cases: both the instances he mentioned are currently being reviewed. As I said, if we need to take…06 Dec 2021HANSARDNewport Wafer FabThe 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…06 Dec 2021HANSARDNewport Wafer FabAs 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…06 Dec 2021HANSARDCompanies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2021My Lords, I beg to move the two Motions standing in my name on the Order Paper.06 Dec 2021HANSARDNewport Wafer FabOf course, I cannot comment further on these transactions, as the noble Lord knows, but semiconductors are an important aspect of our industrial future. We have some excellent…06 Dec 2021HANSARDCompanies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2021That the draft Order and Regulations laid before the House on 28 October and 1 November be approved. Considered in Grand Committee on 30 November. Relevant document: 19th Report…06 Dec 2021HANSARDNewport Wafer FabI am not sure to which takeover the noble Lord refers that we did not intervene in—perhaps we should have a separate conversation about that. But it is clear that the Government…06 Dec 2021HANSARDPower Outages: North of EnglandOf course, there are many lessons to be learned from the past week. It has been extremely challenging in the north of the country. I am from there myself and well aware of the…02 Dec 2021