Results 21–40 of 162 for speaker:Lord Davies of Abersoch

Women: Entrepreneurs — Question (8 Mar 2010)

Lord Davies of Abersoch: Yes.

Women: Entrepreneurs — Question (8 Mar 2010)

Lord Davies of Abersoch: The 2004 report showed that women-owned businesses paid more for term loans compared with male-owned enterprises. However, the 2007 report suggests that there are no gender differences in the cost of term loans. I do not often compliment the banks, but I have to give credit to the Royal Bank of Scotland, Lloyds and HSBC, which have a whole variety of schemes to support women-led businesses.

Women: Entrepreneurs — Question (8 Mar 2010)

Lord Davies of Abersoch: The most important thing is that everyone has a right to be treated fairly and to fulfil their potential, and if we are to have a competitive economy we have to draw on all talents and abilities. We need fairness and equality.

Women: Entrepreneurs — Question (8 Mar 2010)

Lord Davies of Abersoch: I am not sure whether that relates to the original Question or to the question that I am addressing now. We are, as I have said, a nation of 4.8 million SMEs. It is estimated that there are some 710,000 women-led businesses. The reality is that if we had the same percentage of women in business as America has-this is very much a cultural thing-we would have another 600,000 to 700,000...

Women: Entrepreneurs — Question (8 Mar 2010)

Lord Davies of Abersoch: As I said before, it is not acceptable that 25 per cent of the FTSE 100 companies do not have women on their boards. In my view, progress has been far too slow; a large number of extremely able women just below the boardroom level are unable to get onto boards. Therefore, we today published a letter to the Financial Reporting Council, basically asking every public company to explain why they...

Women: Entrepreneurs — Question (8 Mar 2010)

Lord Davies of Abersoch: It is important to put this in context. I think we do match the G7 in terms of the percentage of women in business, but we do not match the US. The Women's Enterprise Task Force is implementing those recommendations, but it needs a partnership between business, the RDAs, Business Link, and Enterprise UK. The Prime Minister and I had breakfast this morning with 20 leading women across a whole...

Written Answers — House of Lords: Expenditure: Office Equipment (5 Mar 2010)

Lord Davies of Abersoch: ECGD spent a total of £14,995 excluding VAT on A4 80 gsm paper for use in photocopiers at an average cost of £2.70 per 500 sheet ream during the period 1 April 2008 to 31 March 2009. Additionally, in the same period, ECGD purchased 40 reams of A4 Blue Duo copier paper at £2.99/ream, total cost of £ 119.60 excl VAT. ECGD used Evolve branded paper which is a high-quality 100 per cent...

Written Ministerial Statements — House of Lords: Regional Development Agencies: Northwest (1 Mar 2010)

Lord Davies of Abersoch: My right honourable friend the Minister for Regional Economic Co-Ordination (Rosie Winterton) has today made the following Statement. I am pleased to announce that I have decided to appoint three new board members to Northwest Regional Development Agency. These are Clive Elphick and David Goldie to fill the two vacant business positions and Frank Hont to fill the trade union vacancy. Regional...

Written Ministerial Statements — House of Lords: EU: Competitiveness Council (25 Feb 2010)

Lord Davies of Abersoch: My honourable friend the Minister for Business and Regulatory Reform (Ian Lucas) has today made the following Statement. The EU Competitiveness Council will take place in Brussels on 1 and 2nd March and this Statement covers the business to be taken at the council. I shall represent the UK on internal market and industry issues on 1 March and Andy Lebrecht, the UK's Deputy Permanent...

Written Ministerial Statements — House of Lords: Department for Business, Innovation and Skills: DEL (23 Feb 2010)

Lord Davies of Abersoch: The Statement below follows the format guidance as set out in Supply Estimates: a guidance manual, available on the HMT website. Subject to parliamentary approval of any necessary Supplementary Estimate, UKTI's total DEL (Resource and Capital) will be increased by £3,255,000 from £96,610,000 to £99,865,000. This reflects the net transfer of £500,000 in Voted resource from BIS's Vote to...

Written Ministerial Statements — House of Lords: Department for Trade, Investment and Small Business: DEL (23 Feb 2010)

Lord Davies of Abersoch: My right honourable friend the Minister for Business, Innovation and Skills (Pat McFadden) has today made the following Statements. Subject to parliamentary approval of the necessary Supplementary Estimate, the Department for Business, Innovation and Skills' DEL will be increased by £1,240,523,000 from £21,829,701,000 to £23,070,224,000 and the Administration budget will be increased by...

Written Answers — House of Lords: Arms Exports (5 Feb 2010)

Lord Davies of Abersoch: I understand that the company is under investigation by the police and therefore I cannot comment.

Economy: Enterprise and Innovation — Debate (4 Feb 2010)

Lord Davies of Abersoch: My Lords, I begin by offering advance congratulation to the noble Lord, Lord Selsdon, on his 47 years. I shall address the specific questions raised in this excellent debate, but, before that, I shall step back and answer its theme, which is to call attention to the role of enterprise and innovation in stimulating economic growth. Basic economics tells us about the three factors of production...

Economy: Enterprise and Innovation — Debate (4 Feb 2010)

Lord Davies of Abersoch: I have already referred to the fact that when you look at the ease of doing business in the UK, the OECD ranks us very highly. When you look at entrepreneurship and foreign direct investment into the UK, the reality is that this is a continuous challenge for all Governments, but we are continuing to attract foreign direct investment into the UK and people are still starting new businesses....

Written Answers — House of Lords: Teesside Cast Products Plant (1 Feb 2010)

Lord Davies of Abersoch: My right honourable friend the Prime Minister, my noble friend Lord Mandelson and other Ministers from my department have regularly met or spoken to senior representatives of Corus and Tata Steel as well as local MPs, trade unions and regional offices about the situation at Teesside.

Written Answers — House of Lords: Teesside Cast Products Plant (1 Feb 2010)

Lord Davies of Abersoch: There have been no ministerial meetings with potential buyers but the Government continue to explore the opportunities and scope for Corus to find the strategic partner it regards as necessary.

Written Answers — House of Lords: Banks: Lending (25 Jan 2010)

Lord Davies of Abersoch: SME lending data collected by BIS show that while it is true to say that demand for finance remains subdued and new lending is down comparatively with 2007, the large majority of SME applications for finance are successful. The Government continue to monitor the situation closely, for example the experiences of both lenders and borrowers are discussed regularly at the Small Business Finance...

Written Answers — House of Lords: Credit Cards (25 Jan 2010)

Lord Davies of Abersoch: The Government are concerned about the practice of allocating payments to the cheapest debt first and the extent to which consumers understand this, and its implications for their personal finances. We are therefore considering what action may be required as part of the current review of the regulation of credit and store cards which is being undertaken by the Department for Business,...

Written Answers — House of Lords: Human Rights (25 Jan 2010)

Lord Davies of Abersoch: The Government have included in their public consultation on ECGD's business principles a proposal that ECGD should adopt a policy of following OECD agreements related to the environment, sustainable lending and bribery, and not, in future, separately operate and additionally create policies which go beyond those agreements. The consultation document stated that the effect of this proposal...

Written Answers — House of Lords: Dubai (19 Jan 2010)

Lord Davies of Abersoch: UKTI provides services for British businesses to ensure that they are better equipped to succeed in international markets. However, UKTI does not recommend specific commercial investments to British businesses. Dubai still offers good opportunities for British businesses, particularly in the financial services, construction, mass transport, health, energy, and education sectors.


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