Stephanie Peacock: ...off the Yorkshire coast, leaving the UK with just 1.7% of storage for annual demand. The Secretary of State for Business, Energy and Industrial Strategy, the right hon. Member for Spelthorne (Kwasi Kwarteng), told me that the question was irrelevant, and accused me of inducing panic and stoking alarm. Given the reports that the Government are to U-turn and reopen the facility, will the...
Kwasi Kwarteng: Contingent Liability (Letter of Credit) 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 provided, announced within past Written...
..., Standing Order No. 41A (Deferred divisions) shall not apply to the Motions: (a) in the name of Lucy Frazer relating to Neonatal Care (Leave and Pay) Bill: Money; (b) in the name of Secretary Kwasi Kwarteng relating to the draft Register of Overseas Entities (Delivery, Protection and Trust Services) Regulations 2022; and (c) in the name of Secretary Dominic Raab relating to the Remote...
...Robert Jenrick Caroline Johnson Gareth Johnson David Johnston Andrew Jones David Jones Fay Jones Marcus Jones Simon Jupp Daniel Kawczynski Gillian Keegan Greg Knight Julian Knight Danny Kruger Kwasi Kwarteng John Lamont Andrea Leadsom Edward Leigh Ian Levy Andrew Lewer Brandon Lewis Julian Lewis Ian Liddell-Grainger Carla Lockhart Mark Logan Marco Longhi Julia Lopez Jonathan Lord Tim...
Anna McMorrin: On a point of order, Madam Deputy Speaker. I draw your attention to the fact that the Secretary of State for Business, Energy and Industrial Strategy, the right hon. Member for Spelthorne (Kwasi Kwarteng) has, at just a couple of hours’ notice, today notified the Environmental Audit Committee that both he and his officials are withdrawing from today’s critically important evidence...
Kwasi Kwarteng: 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, and accelerating great British science. At the same time, we recognise the...
Kwasi Kwarteng: 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 which has been designated as coronavirus-related under the Coronavirus Act. This...
Kwasi Kwarteng: I am tabling this statement for the benefit of Honourable and Right Honourable 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 offer facilities of up to £2 million to support businesses that would...
...Andrea Jenkyns Robert Jenrick Caroline Johnson Gareth Johnson David Johnston Andrew Jones David Jones Fay Jones Simon Jupp Daniel Kawczynski Gillian Keegan Greg Knight Julian Knight Danny Kruger Kwasi Kwarteng John Lamont Pauline Latham Andrea Leadsom Edward Leigh Ian Levy Andrew Lewer Brandon Lewis Ian Liddell-Grainger Carla Lockhart Chris Loder Mark Logan Julia Lopez Jack Lopresti...
...Andrea Jenkyns Caroline Johnson Gareth Johnson David Johnston Andrew Jones David Jones Fay Jones Marcus Jones Simon Jupp Daniel Kawczynski Gillian Keegan Greg Knight Julian Knight Danny Kruger Kwasi Kwarteng John Lamont Pauline Latham Andrea Leadsom Edward Leigh Ian Levy Andrew Lewer Brandon Lewis Ian Liddell-Grainger Carla Lockhart Chris Loder Mark Logan Julia Lopez Jack Lopresti Jonathan...
Kwasi Kwarteng: The Advanced Research and Invention Agency (ARIA) is the Government’s new science funding agency. Backed by £800m out to 2025/26, ARIA will pursue the scientific and technological discoveries that have the potential to profoundly change our world for the better. Today, I am delighted to update the House on ARIA’s leadership and confirm that I have appointed Ilan Gur as ARIA’s first...
...Caroline Johnson Gareth Johnson David Johnston Andrew Jones David Jones Fay Jones Marcus Jones Simon Jupp Daniel Kawczynski Alicia Kearns Gillian Keegan Greg Knight Julian Knight Danny Kruger Kwasi Kwarteng John Lamont Robert Largan Pauline Latham Andrea Leadsom Edward Leigh Ian Levy Andrew Lewer Brandon Lewis Julian Lewis Ian Liddell-Grainger Carla Lockhart Chris Loder Mark Logan Marco...
Presentation and First Reading ( Standing Order No. 57) Secretary Nadine Dorries, supported by Secretary Priti Patel, Secretary Steve Barclay, Secretary Kwasi Kwarteng, Matt Warman, Jacob Rees-Mogg, Stephen McPartland, Tom Pursglove, and Heather Wheeler, presented a Bill to make provision for the regulation of the processing of information relating to identified or identifiable living...
Lord Moynihan: ...those sorts of taxes is that they deter investment in the very things that they need to be investing in ... I don’t think they’re the right way forward”, and the Business and Energy Minister, Kwasi Kwarteng, saying: “I don’t believe in windfall taxes because what you’re taxing is investment in jobs, wealth creation, and investment”. As Philip Lambert, who has been one of the...
...Robert Jenrick Caroline Johnson David Johnston Andrew Jones David Jones Fay Jones Marcus Jones Simon Jupp Daniel Kawczynski Alicia Kearns Gillian Keegan Greg Knight Julian Knight Danny Kruger Kwasi Kwarteng John Lamont Pauline Latham Andrea Leadsom Ian Levy Andrew Lewer Brandon Lewis Julian Lewis Ian Liddell-Grainger Carla Lockhart Mark Logan Marco Longhi Julia Lopez Jonathan Lord Tim...
Kwasi Kwarteng: 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: 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: We are absolutely focused on critical minerals. I am delighted to say that we will publish a critical minerals strategy, which I personally commissioned and have a personal interest in as Secretary of State.
Kwasi Kwarteng: As the hon. Lady should know, a consultation, which includes proposals to take further steps to address unsafe products sold online, is being finalised, and the consultation paper will be published later this year.
Kwasi Kwarteng: We have talked about energy prices. We have an energy price cap, and we have it because it protects consumers from being exposed to the wild gyration of prices—and that is what it has been doing.
