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Key data and pressures facing the retail sector in the UK.
Key data and pressures facing the retail sector in the UK.
To ask the Secretary of State for Energy Security and Net Zero, what progress his Department has made in reducing the influence of gas prices on wholesale electricity prices.
To ask the Secretary of State for Energy Security and Net Zero, what progress his Department has made in reducing the influence of gas prices on wholesale electricity prices.
Government is accelerating the deployment of low-cost renewable electricity technologies to reduce our reliance on international fossil fuel markets.
The existing Contracts for Difference (CfD) scheme has been successful in bringing forth new renewable assets at fixed, competitive prices. These CfDs are already beginning to decouple electricity and gas markets, protecting consumers from higher electricity bills when gas prices increase.
In April, Government announced plans to offer legacy low-carbon generators – which provide around 30% of our power today – the option of a fixed price CfD. These contracts will build on the success of existing CfDs, further delinking electricity generation from volatile gas prices.
To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to reduce the exposure of domestic energy bills to volatility in international wholesale gas markets.
To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to reduce the exposure of domestic energy bills to volatility in international wholesale gas markets.
The Government is going further and faster to protect domestic consumers from volatile gas prices. Firstly, we are accelerating the deployment of low-cost renewable electricity technologies to reduce our reliance on international fossil fuel markets.
Secondly, Government plans to offer legacy low-carbon generators – which provide around 30% of our power today – the option to move onto fixed price Contracts for Difference (CfDs). This will build on the success of existing CfDs for new build renewables, delinking electricity generation from volatile gas prices.
Finally, Government has raised the tax rate of the Electricity Generator Levy from 45% to 55% to limit revenues low-carbon generators can make due to gas price spikes.
To ask the Minister for the Cabinet Office, what assessment he has made of the economic contribution of wholesale distributors to the UK economy.
To ask the Minister for the Cabinet Office, what assessment he has made of the economic contribution of wholesale distributors to the UK economy.
The information requested falls under the remit of the UK Statistics Authority.
A response to the Hon gentleman’s Parliamentary Question of 8th of December is attached.
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of its plans for business rates reform on the (a) wholesale sector and (b) (i) number of jobs and (ii) levels of costs in the wholesale sector.
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of its plans for business rates reform on the (a) wholesale sector and (b) (i) number of jobs and (ii) levels of costs in the wholesale sector.
The Government is creating a fairer business rates system that protects the high street, supports investment, and is fit for the 21st century.
As announced at Autumn Budget 2024, the Government will introduce permanently lower businessrates multipliers for retail, hospitality, and leisure (RHL) properties with rateable values (RVs) below £500,000 from 2026/27.
To fund these lower RHL multipliers sustainably, from 2026/27, the Government is also introducing a higher multiplier on properties with RVs of £500,000 and above. The final design, including the rates, for the new business rates multipliers will be announced at Budget 2025, so that the Government can factor the revaluation outcomes and broader economic and fiscal context into decision-making.
The Government has considered the impact of these policies on a range of sectors as part of the policy development process.
Lords committee stage third day. Clause 16 agreed to. Schedule 1 agreed to. Clauses 17 and 18 agreed to. Schedule 2 agreed to. Clause 19 agreed to. Schedule 3 agreed to. Clauses 20 and 21 agreed to. Schedule 4 agreed to. Clauses 22 to 36 agreed to.
Lords committee stage third day. Clause 16 agreed to. Schedule 1 agreed to. Clauses 17 and 18 agreed to. Schedule 2 agreed to. Clause 19 agreed to. Schedule 3 agreed to. Clauses 20 and 21 agreed to. Schedule 4 agreed to. Clauses 22 to 36 agreed to.
Moved by
Baroness McIntosh of Pickering
30: Clause 16, page 9, line 20, at end insert—
“(4A) The Secretary of State must by regulations make provision for and in connection with a streamlined process for granting personal and premises licences to businesses that—
(a) both have an alcohol premises licence and are a personal...
Moved by
Baroness McIntosh of Pickering
30: Clause 16, page 9, line 20, at end insert—
“(4A) The Secretary of State must by regulations make provision for and in connection with a streamlined process for granting personal and premises licences to businesses that—
(a) both have an alcohol premises licence and are a personal...
My Lords, I am delighted to speak on the Bill for the first time—not because of a lack of interest, but because it clashed with other Bills going on at the same time. I declare my interest as chair of the Proof of Age Standards Scheme, known as PASS, which...
My Lords, I am delighted to speak on the Bill for the first time—not because of a lack of interest, but because it clashed with other Bills going on at the same time. I declare my interest as chair of the Proof of Age Standards Scheme, known as PASS, which...
I support this group of amendments. It is absolutely right that we have a thoroughgoing licensing scheme. Many people would be very surprised to find that we do not have a licensing scheme for tobacco, as we do for alcohol. It is unregulated, so I welcome the proposals to have...
I support this group of amendments. It is absolutely right that we have a thoroughgoing licensing scheme. Many people would be very surprised to find that we do not have a licensing scheme for tobacco, as we do for alcohol. It is unregulated, so I welcome the proposals to have...
My Lords, these amendments in the name of the noble Baroness, Lady McIntosh of Pickering, the noble Lord, Lord Kamall, and the noble Earl, Lord Howe, from whom we will hear later, address the details of a licensing scheme, which could, I believe, be better worked out during consultation and...
My Lords, these amendments in the name of the noble Baroness, Lady McIntosh of Pickering, the noble Lord, Lord Kamall, and the noble Earl, Lord Howe, from whom we will hear later, address the details of a licensing scheme, which could, I believe, be better worked out during consultation and...
My Lords, in speaking to Amendments 35 and 42 in my name and that of my noble friend Lord Kamall, I will also express my strong support for Amendment 30, moved by my noble friend Lady McIntosh of Pickering. All the amendments in this group are guided by an important...
My Lords, in speaking to Amendments 35 and 42 in my name and that of my noble friend Lord Kamall, I will also express my strong support for Amendment 30, moved by my noble friend Lady McIntosh of Pickering. All the amendments in this group are guided by an important...
My Lords, I am most grateful to noble Lords for their contributions to this debate. This group of amendments deals with the details of the forthcoming retail licensing scheme.
Let me say in opening, in response to all of these amendments, that our intention in this regard is very much what...
My Lords, I am most grateful to noble Lords for their contributions to this debate. This group of amendments deals with the details of the forthcoming retail licensing scheme.
Let me say in opening, in response to all of these amendments, that our intention in this regard is very much what...
My Lords, I am very grateful for the opportunity to have had a debate on this small group of amendments. I am also grateful for the support from my noble friend
Lord Bourne. I took great comfort from the fact that this has been achieved in other countries, so we...
My Lords, I am very grateful for the opportunity to have had a debate on this small group of amendments. I am also grateful for the support from my noble friend
Lord Bourne. I took great comfort from the fact that this has been achieved in other countries, so we...
Moved by
Lord Kamall
32: Clause 16, page 9, line 23, at end insert—
“(5A) Draft regulations under this section must be published before the end of the period of six months from the passing of this Act.”
Moved by
Lord Kamall
32: Clause 16, page 9, line 23, at end insert—
“(5A) Draft regulations under this section must be published before the end of the period of six months from the passing of this Act.”
My Lords, in some ways this group will follow on from the last; some of the comments I will make now could be applied to the previous group of amendments.
Noble Lords will be aware that, as discussed in the previous group, the licensing regime the Bill sets out is complex....
My Lords, in some ways this group will follow on from the last; some of the comments I will make now could be applied to the previous group of amendments.
Noble Lords will be aware that, as discussed in the previous group, the licensing regime the Bill sets out is complex....
My Lords, just to clarify on the previous group and to quote myself, I advised caution about the idea of combining the two kinds of licences, specifically because of the strong possibility of fundamental change to the remit of the alcohol licences.
On this group of amendments beginning with Amendment 32...
My Lords, just to clarify on the previous group and to quote myself, I advised caution about the idea of combining the two kinds of licences, specifically because of the strong possibility of fundamental change to the remit of the alcohol licences.
On this group of amendments beginning with Amendment 32...
My Lords, I thank noble Lords for the amendments in this group.
I note the comments from the noble Lord, Lord Kamall, that the noble Lord, Lord Mott, is not in his place to speak to his amendments, but I will just touch on them briefly, if I may. Basically, his...
My Lords, I thank noble Lords for the amendments in this group.
I note the comments from the noble Lord, Lord Kamall, that the noble Lord, Lord Mott, is not in his place to speak to his amendments, but I will just touch on them briefly, if I may. Basically, his...
My Lords, I am grateful to the Minister and to all noble Lords who spoke in the debate on this group of amendments. The intention was always that these would be probing amendments; whether it was three months, as from my noble friend Lord Mott, or six months, as from...
My Lords, I am grateful to the Minister and to all noble Lords who spoke in the debate on this group of amendments. The intention was always that these would be probing amendments; whether it was three months, as from my noble friend Lord Mott, or six months, as from...
Moved by
Baroness Bennett of Manor Castle
33: After Clause 16, insert the following new Clause—
“Prohibition on supply of cigarette filters in England and Wales
(1) The Secretary of State and Welsh Ministers must make regulations having the effect of prohibiting the supply of cigarette filters or cigarettes containing cigarette filters, whether by...
Moved by
Baroness Bennett of Manor Castle
33: After Clause 16, insert the following new Clause—
“Prohibition on supply of cigarette filters in England and Wales
(1) The Secretary of State and Welsh Ministers must make regulations having the effect of prohibiting the supply of cigarette filters or cigarettes containing cigarette filters, whether by...