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Written Question
Natural Gas and Oil: Russia
Tuesday 5th April 2022

Asked by: Lord Tyrie (Non-affiliated - Life peer)

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what estimate they have made of the increase in cost to the buyers of Russian (1) oil, and (2) gas, in the UK of a ban on the import of these products.

Answered by Lord Callanan - Shadow Minister (Foreign, Commonwealth and Development Office)

The UK is in not dependent on Russian gas. In 2021 it made up less than 4% of UK supply. The integrated nature of the European gas market, and the fact that gas is an international traded commodity, means that factors that influence European or internationally prices are likely to be reflected in UK prices. The Government remains confident in the UK’s energy security and the UK’s highly diverse sources of gas supply.

Crude oil operates in an international market and influenced by a range of supply and demand factors. The phasing out of Russian imports will not be immediate, but allows the UK time to adjust its supply chains.

Speech in Lords Chamber - Wed 04 Nov 2020
United Kingdom Internal Market Bill

"Some very interesting points have just been made that bear serious consideration, and the concerns we have just heard are reasoned, particularly on SMEs. At the very least, the Government may wish to offer a review of the CMA’s use of these powers, after an interval, to give us the …..."
Lord Tyrie - View Speech

View all Lord Tyrie (Non-affiliated - Life peer) contributions to the debate on: United Kingdom Internal Market Bill
Speech in Lords Chamber - Wed 04 Nov 2020
United Kingdom Internal Market Bill

"My Lords—..."
Lord Tyrie - View Speech

View all Lord Tyrie (Non-affiliated - Life peer) contributions to the debate on: United Kingdom Internal Market Bill
Speech in Lords Chamber - Wed 04 Nov 2020
United Kingdom Internal Market Bill

"May I not respond? What a shame...."
Lord Tyrie - View Speech

View all Lord Tyrie (Non-affiliated - Life peer) contributions to the debate on: United Kingdom Internal Market Bill
Speech in Lords Chamber - Thu 21 May 2020
Covid-19: Businesses and the Private Sector

"I declare an interest as chairman of the CMA. I will say a few words about what the CMA is doing to try to assist in this crisis. In a nutshell, the CMA has three jobs during the crisis. First, it needs to ensure that competition law does not get …..."
Lord Tyrie - View Speech

View all Lord Tyrie (Non-affiliated - Life peer) contributions to the debate on: Covid-19: Businesses and the Private Sector
Written Question
Business: Regulation
Monday 10th February 2020

Asked by: Lord Tyrie (Non-affiliated - Life peer)

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what steps they intend to take to ensure that the interests of (1) consumers, and (2) competition, inform the Brexit red tape challenge.

Answered by Lord Duncan of Springbank

The Conservative Manifesto stated that “Through our Red Tape Challenge, we will ensure that regulation is sensible and proportionate, and that we always consider the needs of small businesses when devising new rules, using our new freedom after Brexit to ensure that British rules work for British companies.” We shall announce further details of the Challenge in due course.

Speech in Lords Chamber - Wed 08 May 2019
Competition and Markets Authority: Legislative and Institutional Reforms

"I am extremely grateful for the support that I have just received from the noble Lord and from a number of other noble Lords around the House. I congratulate the noble Baroness, Lady Hayter, on securing the debate and also of course declare significant interests, both as chair of the …..."
Lord Tyrie - View Speech

View all Lord Tyrie (Non-affiliated - Life peer) contributions to the debate on: Competition and Markets Authority: Legislative and Institutional Reforms
Speech in Commons Chamber - Mon 20 Feb 2017
Vauxhall/Opel: Proposed Takeover

"The Secretary of State has clearly made some reassuring noises to the firm. We need transparency on those, so will he now respond to the Treasury Committee request to publish the letter he sent to Nissan on 21 October giving reassurances to that company?..."
Lord Tyrie - View Speech

View all Lord Tyrie (Non-affiliated - Life peer) contributions to the debate on: Vauxhall/Opel: Proposed Takeover
Speech in Commons Chamber - Tue 29 Nov 2016
Corporate Governance

"Good pay structures encourage wealth creation, but the financial crisis showed that poorly constructed remuneration schemes contribute to catastrophic failures in corporate governance. In response, the Parliamentary Commission on Banking Standards recommended, among other things, longer deferral for bonuses and clawback for serious misconduct in some cases. Has the Minister …..."
Lord Tyrie - View Speech

View all Lord Tyrie (Non-affiliated - Life peer) contributions to the debate on: Corporate Governance
Written Question
Postal Services: Universal Service Obligation
Monday 14th November 2016

Asked by: Lord Tyrie (Non-affiliated - Life peer)

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what his estimate is of the value of exemptions from local regulation, given to Royal Mail by local authorities, under its universal obligation, prior to its privatisation.

Answered by Margot James

The Department does not hold this information.