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 - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
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.
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.
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.
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, whether the Government has requested that any local authorities exempt Royal Mail from local regulations under its universal service obligation duties.
Answered by Margot James
The Department does not hold this information.