Results 1–20 of 2544 for speaker:John Penrose

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

John Penrose: I seek a little further reassurance from my right hon. Friend. He seems to be coming up with an elegant mechanism for redefining an absolute cap to encompass relative caps, but just relative to the wholesale market rather than relative to other tariffs. If so, that would be incredibly elegant. Does he believe that that would allow repricing within the six-month period before the Ofgem...

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

John Penrose: I thank the hon. Lady for giving way; I will try to keep this brief. Does she accept that that criticism about a potential rise in competitive switching deal prices is being levelled by others at the absolute cap? When such a course as she described was experimented with last summer by Centrica, it lost market share hand over fist and was really hurt commercially, so it is unlikely to try...

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

John Penrose: Thank you, Madam Deputy Speaker; I will try to edit as I go. Today is a great day. To those who say that politicians never deliver on their election promises, we can collectively send a blaring foghorn reply of “You’re wrong.” Today’s energy price cap Bill is an incredibly rare political unicorn: a pledge that not only has cross-party support, but is being fulfilled....

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

John Penrose: My right hon. Friend is a co-signatory to the letter, for which I thank him, and he makes an important point. It is not just vulnerable customers, of course; it is the many of the rest of us who are time poor. This is a far broader question than just vulnerable customers, although they are a key part of it. Many other families, either because they are loyal or because they just have not got...

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

John Penrose: The right hon. Lady is one of the co-organisers of the letter, and I thank her again for her help. No matter how clever, good and high calibre the committee, people are just not as good as the market at price discovery, provided the market runs properly. When she was shadow Secretary of State for Energy and Climate Change, I heard her talk about having to get a better energy market with...

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

John Penrose: I agree that there is a difference between a freeze and a cap, but there are a couple of things that, none the less, make it an extremely risky and dangerous proposition to go down that road. For example, what if Ofgem picks a number and the international price of energy falls the very next day? What then? Switching customers in the ultra-competitive part of the market would find their prices...

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

John Penrose: I wish I shared my right hon. Friend’s confidence in Ofgem. All the discussion of the Bill so far from Ministers, from comments on the Bill and from people inside Ofgem is not what he describes. They are talking about an absolute cap in which people sit in a room and come up with a number, which stays that way until it is reset after six months—that is the way the Bill is drafted....

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

John Penrose: But as my right hon. Friend will know, it is also stated elsewhere, particularly in the guidance and in many of the other documents on this, that we are looking at an absolute cap. The word “absolute” is used repeatedly, and it has been used repeatedly to me in conversations with Ministers. If we can remove those other points as well, so that they are not going to push us in the...

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

John Penrose: I will give way one more time and then I will have to make some progress, because Madam Deputy Speaker is catching my eye.

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

John Penrose: We will need to come back to this matter, but it would be tremendously helpful if Ofgem came up with some clarifications on it, because that might reassure me and others. So far I have had nothing to reassure me in that direction—in fact, quite the opposite. As I was saying, it is not just me who is worried about this: both Which? and uSwitch worry it will mean cheaper fixed deals will...

National Planning Policy Framework (5 Mar 2018)

John Penrose: While encouraging people to build up, not out, through changes to planning guidelines is certainly welcome, does the Secretary of State agree that it will not be enough to solve Britain’s housing crisis on its own? When does he expect to bring forward the changes he mentioned to permitted development, and will they be broad, brave and radical enough to cut through the red tape that is...

Anti-Corruption Strategy: Illegal Wildlife Trade — [Mrs Madeleine Moon in the Chair] (28 Feb 2018)

John Penrose: As one of the chairs of the anti-corruption APPG, the hon. Lady is doing an excellent job in raising the very important nexus between illegal wildlife trading and the fight against corruption. Does she agree that perhaps the simplest way to look at the question of animal trafficking and poaching is to think of it rather like an extractive industry? Many of the risks that apply to mining or...

Overseas Electors Bill (23 Feb 2018)

John Penrose: I thank my hon. Friend for giving way and echo the congratulations of many in this Chamber to him on bringing forward this very, very important Bill. I just wanted to respond to his reply to the question from my hon. Friend the Member for Filton and Bradley Stoke (Jack Lopresti) about how the voting might happen. As one of the original co-authors of this Bill when it was being done by the...

Sanctions and Anti-Money Laundering Bill [Lords] (20 Feb 2018)

John Penrose: As the Prime Minister’s anti-corruption champion, I am listening very carefully to what my right hon. Friend is suggesting. He mentioned existing legal powers. Does he have any sense of how often they are being used at the moment, even though he believes they are relatively narrowly defined?

Housing, Planning and the Green Belt (6 Feb 2018)

John Penrose: The hon. Gentleman has sketched out two alternatives: brownfield sites or urban sprawl. Does he accept there is a third alternative, which is to go for greater density within towns and cities? Greater density uses existing infrastructure far better and, provided it is done within planning and design codes, can be a great deal more acceptable to local people in gaining local consent for...

Rail Update (5 Feb 2018)

John Penrose: The last time the Secretary of State stood at the Dispatch Box, I asked him about open-access rail and competing rail firms. He rightly waxed lyrical about the benefits to customers in terms of choice and value that open-access rail can produce. As he looks at the options for the east coast main line, will he consider, in addition to the two options he has laid out for the House, an...

Business, Energy and Industrial Strategy: Topical Questions (30 Jan 2018)

John Penrose: If he will make a statement on his departmental responsibilities.

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