Liam Byrne MP: written questions
235 published records · newest first.
Written questions
Carbon Capture and Storage and Hydrogen: FinanceDepartment for Energy Security and Net ZeroTabled 16 Dec 2024AnsweredUIN 20144More
Question: To ask the Secretary of State for Energy Security and Net Zero, what estimate his Department has made of the amount of private investment that will be raised for carbon capture and storage and hydrogen projects by the £3.9 billion of public funding announ
Answer: On 4th October, the government reached commercial agreement with the private sector and announced up to £21.7bn of available funding over 25 years to launch the UK’s new carbon capture, usage and storage industry. We expect this funding to crowd in £8bn i...
Answered 19 Dec 2024
Original Parliament recordCarbon Capture and Storage and Hydrogen: FinanceDepartment for Energy Security and Net ZeroTabled 16 Dec 2024AnsweredUIN 20143More
Question: To ask the Secretary of State for Energy Security and Net Zero, what steps his Department plan to take to ensure value for money from the £3.9 billion of funding allocated for carbon capture and storage and green hydrogen in 2025-26.
Answer: A formal part of the policy design and delivery process involves reviewing prior relevant efforts to ensure government is maximising value for money wherever possible. Our value for money judgement is evidenced by appraisal and analysis developed in line ...
Answered 19 Dec 2024
Original Parliament recordForeign Investment in UK: National SecurityCabinet OfficeTabled 16 Dec 2024AnsweredUIN 20142More
Question: To ask the Minister for the Cabinet Office, with reference to the written statement of 18 April 2024 on Economic Security, HCWS415, if he will make an assessment of the potential merits of targeted exemptions from the mandatory notification requirements o
Answer: The National Security and Investment (NSI) Act has an important role to play in ensuring businesses in the UK can thrive and access vital investment without compromising our national security. We are therefore considering the responses to the previous Gov...
Answered 19 Dec 2024
Original Parliament recordTrade Agreements: USADepartment for Business and TradeTabled 16 Dec 2024AnsweredUIN 20141More
Question: To ask the Secretary of State for Business and Trade, with refence to section 1.3 2. of his policy paper entitled The Atlantic Declaration, updated on 21 June 2023, what progress he has made on establishing an outbound investment mechanism.
Answer: The Department for Business and Trade is keeping the potential national security risk posed by outward direct investment in sensitive sectors under review, and continuing to engage with businesses and financial stakeholders on this issue. In May, the Cabi...
Answered 19 Dec 2024
Original Parliament recordIron and Steel: Manufacturing IndustriesDepartment for Business and TradeTabled 13 Dec 2024AnsweredUIN 20003More
Question: To ask the Secretary of State for Business and Trade, what steps his Department plans to take to maximise the value for money from public funding for the steel industry over the next five years.
Answer: The Government is developing a steel strategy, in partnership with the steel sector and trade unions, that will set out a long-term vision for steel and create opportunities for public and private investment.We have committed to providing up to £2.5bn for...
Answered 18 Dec 2024
Original Parliament recordIron and Steel: Manufacturing IndustriesDepartment for Business and TradeTabled 13 Dec 2024AnsweredUIN 20002More
Question: To ask the Secretary of State for Business and Trade, what estimate his Department has made of the potential impact of public funding for the steel industry on levels of private-sector investment in that industry in each of the next five years.
Answer: The Government is developing a steel strategy, in partnership with the steel sector and trade unions, that will set out a long-term vision for steel and create opportunities for public and private investment.We have committed to providing up to £2.5bn for...
Answered 18 Dec 2024
Original Parliament recordIntegrated Security, Defence, Development and Foreign Policy ReviewCabinet OfficeTabled 13 Dec 2024AnsweredUIN 20001More
Question: To ask the Minister for the Cabinet Office, pursuant to the answer of 4 November 2024 to Question 11837 on Integrated Security, Defence, Development and Foreign Policy Review, what plans he has to (a) engage and (b) inform Parliament on each review.
Answer: In relation to my answer of 4 November 2024 to Question 11837, decisions about parliamentary engagement are matters for the relevant department owners of each review. The Chancellor of the Duchy of Lancaster committed to a review of UK national resilience...
Answered 18 Dec 2024
Original Parliament recordIntegrated Security, Defence, Development and Foreign Policy ReviewCabinet OfficeTabled 12 Dec 2024AnsweredUIN 19635More
Question: To ask the Minister for the Cabinet Office, pursuant to the Answer of 4 November 2024 to Question 11837 on Integrated Security, Defence, Development and Foreign Policy Review, if he will set out for each of those reviews (a) the process for establishing t
Answer: In relation to my answer of 4 November 2024 to Question 11837, the aforementioned reviews are scheduled to conclude in the first half of 2025. Decisions about publication and consultation are matters for the relevant department owners. The Cabinet Office ...
Answered 17 Dec 2024
Original Parliament recordIntegrated Security, Defence, Development and Foreign Policy ReviewCabinet OfficeTabled 12 Dec 2024AnsweredUIN 19634More
Question: To ask the Minister for the Cabinet Office, pursuant to the Answer of 4 November 2024 to Question 11837 on Integrated Security, Defence, Development and Foreign Policy Review, if he will set out for each review (a) the planned timeline for completion and
Answer: In relation to my answer of 4 November 2024 to Question 11837, the aforementioned reviews are scheduled to conclude in the first half of 2025. Decisions about publication and consultation are matters for the relevant department owners. The Cabinet Office ...
Answered 17 Dec 2024
Original Parliament recordAerospace Industry: FinanceDepartment for Business and TradeTabled 11 Dec 2024AnsweredUIN 19246More
Question: To ask the Secretary of State for Business and Trade, what steps his Department plans to take to ensure value for money from additional funding allocated to the aerospace sector in the next five years.
Answer: The Budget confirmed £975m over 5 years to the Aerospace sector. Industry led applications for R&D co-investment from the ATI Programme enter a competitive process. Competition for funding is fierce and only the best projects are selected: those that ...
Answered 16 Dec 2024
Original Parliament recordAerospace Industry: FinanceDepartment for Business and TradeTabled 11 Dec 2024AnsweredUIN 19245More
Question: To ask the Secretary of State for Business and Trade, how much private investment he expects from the additional funding allocated to the aerospace sector in the next five years.
Answer: The Budget confirmed £975m over 5 years to the Aerospace sector. This provides continued stability and confidence for industry to invest in long-term R&D projects – delivering economic growth, supporting high skilled jobs across all parts of the UK, a...
Answered 16 Dec 2024
Original Parliament recordMotor Vehicles: Manufacturing IndustriesDepartment for Business and TradeTabled 11 Dec 2024AnsweredUIN 19244More
Question: To ask the Secretary of State for Business and Trade, what steps his Department plans to take to ensure value for money from additional funding allocated to the automotive sector in the next five years.
Answer: The Budget committed over £2bn to 2030 for zero-emission vehicle manufacturing and their supply chains. This will build on the current Automotive Transformation Fund (ATF) and Advanced Propulsion Centre (APC) programmes to drive economic growth and suppor...
Answered 16 Dec 2024
Original Parliament recordMotor Vehicles: Manufacturing IndustriesDepartment for Business and TradeTabled 11 Dec 2024AnsweredUIN 19243More
Question: To ask the Secretary of State for Business and Trade, how much private investment he expects from the additional funding allocated to the automotive sector in the next five years.
Answer: The Budget committed over £2bn to 2030 for zero-emission vehicle manufacturing and their supply chains. This funding will build on previous ATF and APC programmes which have leveraged over £6bn of investment from the private sector so far. We will continu...
Answered 19 Dec 2024
Original Parliament recordForeign Investment in UKDepartment for Business and TradeTabled 11 Dec 2024AnsweredUIN 19242More
Question: To ask the Secretary of State for Business and Trade, with reference to his Department's publication entitled Invest 2035: The UK’s Modern Industrial Strategy, published in October 2024, what assessment he has made of trends in the level of economic perfo
Answer: The methodology for determining the eight growth-driving sectors is outlined in the Invest 2035 Green Paper. This included assessing historic trends since 2019-20, such as gross value added and productivity, at Standard Industrial Classification-2 level w...
Answered 16 Dec 2024
Original Parliament recordCapital Investment: Economic GrowthTreasuryTabled 10 Dec 2024AnsweredUIN 18893More
Question: To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of capital spending on economic growth in the next (a) five and (b) ten years, specifying (i) the fiscal multipliers targeted and (ii) the private sect
Answer: Economic growth is the number one mission of the government. Through the growth mission, the government will deliver a milestone of higher living standards in every part of the United Kingdom by the end of the Parliament. Investment is a vital part of add...
Answered 16 Dec 2024
Original Parliament recordGovernment Departments: Capital InvestmentTreasuryTabled 10 Dec 2024AnsweredUIN 18892More
Question: To ask the Chancellor of the Exchequer, what (a) metrics and (b) fiscal multipliers she plans to use to take allocation decisions for capital spending to Departments in the next five years.
Answer: Economic growth is the number one mission of the government. Through the growth mission, the government will deliver a milestone of higher living standards in every part of the United Kingdom by the end of the Parliament. Investment is a vital part of add...
Answered 16 Dec 2024
Original Parliament recordCapital InvestmentTreasuryTabled 10 Dec 2024AnsweredUIN 18891More
Question: To ask the Chancellor of the Exchequer, what metrics she plans to use to assess the value for money of capital spending allocated over the next five years.
Answer: Economic growth is the number one mission of the government. Through the growth mission, the government will deliver a milestone of higher living standards in every part of the United Kingdom by the end of the Parliament. Investment is a vital part of add...
Answered 16 Dec 2024
Original Parliament recordCapital Investment: Economic GrowthTreasuryTabled 10 Dec 2024AnsweredUIN 18890More
Question: To ask the Chancellor of the Exchequer, what her target level of economic growth is from the overall level of capital spending in the next five years.
Answer: Economic growth is the number one mission of the government. Through the growth mission, the government will deliver a milestone of higher living standards in every part of the United Kingdom by the end of the Parliament. Investment is a vital part of add...
Answered 16 Dec 2024
Original Parliament recordResearch: Tax AllowancesTreasuryTabled 10 Dec 2024AnsweredUIN 18889More
Question: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of R&D tax reliefs on (a) business investment and (b) economic growth.
Answer: The Government recognises the important role that research and development (R&D) plays in driving innovation and economic growth as well as the benefits it can bring for society. Overall, R&D reliefs will support an estimated £56 billion of busine...
Answered 16 Dec 2024
Original Parliament recordCorporation Tax: InvestmentTreasuryTabled 9 Dec 2024AnsweredUIN 18499More
Question: To ask the Chancellor of the Exchequer, what estimate she has made of the amount of additional business investment due to the capital allowances measures in the corporate tax roadmap.
Answer: As a government, we are determined to provide the stability needed by businesses to make investments that are critical to boosting growth in the UK. That is why, in the Corporate Tax Roadmap, the Government has committed to maintaining the fundamental fea...
Answered 17 Dec 2024
Original Parliament recordCorporation Tax: Impact AssessmentsTreasuryTabled 9 Dec 2024AnsweredUIN 18498More
Question: To ask the Chancellor of the Exchequer, if she will publish economic impact assessments for all corporate tax policies.
Answer: The Office for Budget Responsibility produces regular and comprehensive forecasts on the fiscal and economic impact of government tax policies, including those relating to corporate tax. HMRC releases a corporation tax statistics publication annually, whi...
Answered 12 Dec 2024
Original Parliament recordCorporation Tax: Tax AllowancesTreasuryTabled 9 Dec 2024AnsweredUIN 18497More
Question: To ask the Chancellor of the Exchequer, if she will make an assessment of which corporate tax reliefs have the largest positive impact on economic growth, ranked by scale of impact.
Answer: The government has committed to maintaining a range of generous investment incentives, including full expensing, R&D reliefs, and the Audio Visual Expenditure Credit. While the government does not maintain a ranking of economic impact, we seek to regu...
Answered 12 Dec 2024
Original Parliament recordPublic Expenditure and Tax AllowancesTreasuryTabled 9 Dec 2024AnsweredUIN 18496More
Question: To ask the Chancellor of the Exchequer, what assessment she has made of the fiscal multipliers for (a) corporate tax reliefs and (b) capital spending authorised by her Department.
Answer: The independent Office for Budget Responsibility (OBR) assesses the economic and fiscal outlook, including the impact of policy decisions made by the Government. The OBR regularly publish reports which include explanations of their methodology. The 2024 E...
Answered 12 Dec 2024
Original Parliament recordCorporation Tax: Tax AllowancesTreasuryTabled 9 Dec 2024AnsweredUIN 18495More
Question: To ask the Chancellor of the Exchequer, what assessment she has made of the (a) economic impact and (b) fiscal multipliers of the corporate tax reliefs implemented by her Department; and what steps she is taking to monitor that impact.
Answer: The independent Office for Budget Responsibility (OBR) assesses the economic and fiscal outlook, including the impact of policy decisions made by the Government. The OBR regularly publish reports which include explanations of their methodology. The 2024 E...
Answered 12 Dec 2024
Original Parliament recordMBR Acres: Animal ExperimentsHome OfficeTabled 4 Dec 2024AnsweredUIN 17766More
Question: To ask the Secretary of State for the Home Department, when he expects the end of (a) animal testing and (b) testing on beagles at MBR Acres.
Answer: This Government has made a commitment to the development of alternative methodologies to the use of animals in science. The plan we develop will maintain the UK’s place at the forefront of science development and innovation.In the limited circumstances wh...
Answered 10 Dec 2024
Original Parliament record
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