Speech in Commons Chamber - Thu 02 Dec 2021
Economic Crime
"I congratulate the right hon. Lady and my hon. Friend the Member for Thirsk and Malton (Kevin Hollinrake) on arranging this very important and very timely debate. I am only sorry that I cannot stay for the whole thing because I am due to speak elsewhere.
I want to pick …..."John Penrose - View Speech
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Speech in Commons Chamber - Wed 24 Nov 2021
Bulb Energy: Administration
"I welcome the Secretary of State’s commitment to making sure that this temporary measure is indeed temporary, and I encourage him to make it as short as possible. I also welcome his commitment to the ongoing use of the price cap, but I urge him when the price cap legislation …..."John Penrose - View Speech
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Speech in Commons Chamber - Thu 23 Sep 2021
Gas Prices and Energy Suppliers
"The Secretary of State is absolutely right to focus on consumers and not to bail out energy firms that got things wrong or are too fragile. However, will he explain how he is dealing with customers currently on capped tariffs with suppliers that have gone bust? Is he encountering any …..."John Penrose - View Speech
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Written Question
Thursday 23rd September 2021
Asked by:
John Penrose (Conservative - Weston-super-Mare)
Question
to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish the quantitative calculations and evidence supporting the statement in the Subsidy Control Bill's Impact Assessment, section 290, that lowering transparency thresholds for publication from £500,000 to either £175,000 or £0 would have a net additional benefit of 0.00001 per cent a year.
Answered by Paul Scully
The Bill’s Impact Assessment can be accessed here: https://www.gov.uk/government/publications/subsidy-control-bill-2021-bill-documents.
Speech in Commons Chamber - Wed 22 Sep 2021
Subsidy Control Bill
"I am seriously pleased to see the Bill coming forward. It is much needed, not just because, as the hon. Member for Feltham and Heston (Seema Malhotra) pointed out, it is a fulfilment of our international obligations, but because, as the Secretary of State rightly said, before we went into …..."John Penrose - View Speech
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Speech in Commons Chamber - Wed 22 Sep 2021
Subsidy Control Bill
"There are a couple of exclusions that I think make an awful lot of sense. For example, there is an exclusion about national security, which I hope everybody on all sides of this House would sign up to. However, in principle, to follow and frank the principle that the Secretary …..."John Penrose - View Speech
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Speech in Commons Chamber - Wed 22 Sep 2021
Subsidy Control Bill
"The right hon. Gentleman is right, particularly because in the modern digitising economy, everything is moving faster and faster every year. Even if that issue was not a problem before—and I think it probably would have been—it certainly would become one in future. There is scope for tightening that part …..."John Penrose - View Speech
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Speech in Commons Chamber - Wed 22 Sep 2021
Subsidy Control Bill
"My hon. Friend makes an important point. Indeed, he has led me to the final point in my speech. He is right to say—I know Ministers in the Department have this instinctively in the marrow of their bones—that we must not turn this into some bureaucratic red tape burden. Indeed, …..."John Penrose - View Speech
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Speech in Commons Chamber - Wed 22 Sep 2021
Subsidy Control Bill
"May I strengthen my hon. Friend’s point by saying that whatever people’s views of the CMA may be, it is pretty well respected as being a robustly politically independent organisation, no matter who is in government?..."John Penrose - View Speech
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Written Question
Wednesday 22nd September 2021
Asked by:
John Penrose (Conservative - Weston-super-Mare)
Question
to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the total value of reported Government subsidies to businesses as at 14 September 2021.
Answered by Paul Scully
According to the most recent available State Aid Scoreboard, the total reported subsidies between 2010 and 2019 in the United Kingdom was €80.1bn for non-agricultural subsidies. Data covering 2020 will be included in the next annual report of the State Aid Scoreboard.
Data for the period from 01 January 2021 is held on the UK’s publicly-accessible subsidy Transparency Database.