RT HON DR VINCE CABLE, SECRETARY OF STATE, DEPARTMENT FOR BUSINESS, INNOVATION AND SKILLS

Size: px

Start display at page:

Download "RT HON DR VINCE CABLE, SECRETARY OF STATE, DEPARTMENT FOR BUSINESS, INNOVATION AND SKILLS"

Alfred Russell
5 years ago
Views:

1 WRITTEN MINISTERIAL STATEMENT RT HON DR VINCE CABLE, SECRETARY OF STATE, DEPARTMENT FOR BUSINESS, INNOVATION AND SKILLS 23 NOVEMBER 2010 WINTER SUPPLEMENTARY ESTIMATES Subject to Parliamentary approval of the necessary Supplementary Estimate, the Department for Business, Innovation and Skills DEL will be reduced by 3,796,000 from 20,805,607,000 to 20,801,811,000 and the Administration budget will be increased by 2,300,000 from 321,187,000 to 323,487,000. Within the DEL change, the impact on Resources and Capital is as set out in the following table: Resource ( 000) of which: Administration* budget Near cash in Resource DEL* Change New DEL Voted Non- Voted Non- Total Voted Voted (220,865) 217,069 7,772,927 11,263,059 19,035,986 2, ,843 3, ,487 (220,965) 217,169 6,210,394 11,094,742 17,305,136 Capital ( 000) (27,085) 27, ,571 1,302,762 2,002,333 Less Depreciation* ( 000) (100) 100 (68,191) (168,317) (236,508) Total ( 000) (248,050) 244,254 8,404,307 12,397,504 20,801,811 *The total of the Administration Budget and Near Cash in Resource DEL figures may well be greater than total Resource DEL, due to the definitions overlapping. *Capital DEL includes items treated as Resource in Estimates and Accounts, but which are treated as Capital DEL in Budgets. *Depreciation, which forms part of Resource DEL, is excluded from the total DEL since Capital DEL includes Capital spending and to include depreciation of those assets would lead to double counting.

2 The change in the resource element of the DEL arises from: RfR1 i) An increase in voted receipts from the Department for Work and Pensions of 6,179,000 and an increase of non-voted expenditure by the Regional Development Agencies in respect of self-employment programmes; i iv) A budget transfer from the Department for Work and Pensions of 413,000 of non-voted expenditure for the Regional Development Agencies in respect of the School Gates initiative; An increase in voted receipts from the Department for Transport of 228,000 and an increase of non-voted expenditure by the Regional Development Agencies in respect of delivering a sustainable transport system; A virement of 535,000 from voted expenditure to non-voted expenditure by the Regional Development Agencies in relation to National Business Link marketing; v) Virements from voted expenditure by the Strategic Investment Fund to non-voted expenditure by the Technology Strategy Board for the establishment of the UK Life Sciences Super Cluster initiative ( 595,000), to advance new prize funds in emerging technologies ( 5,000,000), the Composites Challenge Fund ( 6,000,000), and the Industrial Biotechnical Demonstrator Fund ( 2,555,000); vi) v vi ix) A virement from the Strategic Investment Fund to the Skills Funding Agency (RfR3) of 3,700,000 for the automotive industry; A virement of 97,000 from the Skills Funding Agency (RfR3) to nonvoted expenditure by the Regional Development Agencies for Train to Gain; A virement of 350,000 from Higher Education participation programmes (RfR3) for joint BIS funding of the National Council for Graduate Entrepreneurship; A virement of 20,000,000 from the non-voted Departmental Unallocated Provision to non-voted expenditure by the Higher Education Funding Council for England (RfR3); x) A virement of 496,000 from Science and Society (RfR2) to corporate services;

3 xi) x xi xiv) A virement of 2,533,000 from the non-voted Departmental Unallocated Provision for voted expenditure on research and analytical services (RfR3); A virement of 25,000 from the non-voted Departmental Unallocated Provision for voted expenditure on Government Skills (RfR3); A virement of 3,102,000 consultancy savings (RfR3) to the non-voted Departmental Unallocated Provision; A virement of 60,000 from Premature Retirement Compensation and Voluntary Colleges (RfR3) to the non-voted Departmental Unallocated Provision; RfR2 i) A virement of 13,000 from voted Research-Based Initiatives to the non-voted Departmental Unallocated Provision for Science; A virement of 496,000 from Science and Society to corporate services (RfR1); RfR3 i) A virement from voted expenditure to non-voted expenditure by the Higher Education Funding Council for England of Higher Education Shared Services ( 20,000,000), the Higher Education Modernisation Fund ( 133,000,000), Higher Education participation programmes ( 10,500,000) and Annual Population Survey ( 140,000); i iv) A virement of 14,000,000 from voted expenditure by the Skills Funding Agency to non-voted expenditure by the Higher Education Funding Council for England; A transfer of 1,990,000 from the Department for Education to nonvoted expenditure by the UK Commission for Employment and Skills for the National Vocational Qualifications Levy; A transfer of 4,280,000 from the Department for Communities and Local Government for the Migration Impact Fund; v) A transfer of 9,521,000 from the Ministry of Justice for Offender Learning; vi) A transfer of 20,000,000 from the Skills Funding Agency to the Department for Education for Learners with Learning Difficulties and/or Disabilities;

4 v vi ix) A virement of 2,533,000 from the non-voted Departmental Unallocated Provision (RfR1) for voted expenditure on research and analytical services; A virement of 25,000 from the non-voted Departmental Unallocated Provision (RfR1) for voted expenditure on Government Skills; A virement of 60,000 from Premature Retirement Compensation and Voluntary Colleges to the non-voted Departmental Unallocated Provision (RfR1); x) A virement of 3,102,000 consultancy savings to the non-voted Departmental Unallocated Provision (RfR1); xi) x xi xiv) xv) xvi) xv An increase of 4,176,000 in non-voted expenditure by the UK Commission for Employment and Skills, and increased voted contributions from other Departments; A virement from the Strategic Investment Fund (RfR1) to the Skills Funding Agency of 3,700,000 for the Automotive Industry; A virement of 97,000 from the Skills Funding Agency to non-voted expenditure by the Regional Development Agencies (RfR1) for Train to Gain; A virement of 350,000 from Higher Education participation programmes to RfR1 for joint BIS funding of the National Council for Graduate Entrepreneurship; An increase in voted receipts of 823,000 from the Department for Education for 'Routes into Languages' funding to be distributed as nonvoted expenditure by the Higher Education Funding Council for England; An increase in voted receipts of 299,000 from the Department for Education for Repayment of Teacher Loan work to be undertaken by the non-voted Student Loans Company; A virement of 930,000 to voted Higher Education Student Support from non-voted expenditure by the Higher Education Funding Council for England; xvi A virement of 6,048,000 from voted Higher Education Student Support to non-voted expenditure by the UK Commission for Employment and Skills; xix) A virement of 4,904,000 from voted Higher Education Student Support to non-voted expenditure by the Student Loans Company;

5 xx) xxi) A virement of 100,000 from non-voted expenditure by the UK Commission for Employment and Skills to Adult Skills and Learner Support; A virement of 20,000,000 from the non-voted Departmental Unallocated Provision (RfR1) to non-voted expenditure by the Higher Education Funding Council for England; Also within the change to resource DEL, the changes to the Administration budget are (RfR1): i) A virement of 2,300,000 from programme to administration using the Digital Switchover helpscheme underspend to fund broadband expansion; The change in the Capital element of the DEL arises from: RfR1 i) A virement of 10,000,000 from voted expenditure by the London Development Agency to the non-voted Departmental Unallocated Provision; i iv) A virement of 5,000,000 from voted expenditure of the Strategic Investment Fund to non-voted expenditure of the Technology Strategy Board for Competition IV Low Carbon vehicle supply chains; An increase of 32,400,000 in voted receipts from the Department for Transport and an increase in non-voted expenditure by the Regional Development Agencies in respect of regional infrastructure funds; A virement of 5,000,000 from non-voted expenditure by the Higher Education Funding Council for England (RfR3) to voted expenditure by British Shipbuilders; v) A virement of 1,860,000 from non-voted expenditure by the Higher Education Funding Council for England (RfR3) to the non-voted Departmental Unallocated Provision; vi) A virement of 13,140,000 from non-voted expenditure by the Higher Education Funding Council for England (RfR3) to non-voted Launch Investment Receipts; RfR2 i) A Virement of 1,300,000 from non-voted expenditure by the Research Councils to the Research Capital Investment Fund;

6 RfR3 i) A virement of 15,000 from non-voted to voted capital in relation to the UK Commission for Employment and Skills; v vi ix) A virement of 14,000,000 from non-voted expenditure by the Higher Education Funding Council for England to voted expenditure by the Skills Funding Agency; A virement of 5,000,000 from non-voted expenditure by the Higher Education Funding Council for England to voted expenditure by British Shipbuilders (RfR1); A virement of 1,860,000 from non-voted expenditure by the Higher Education Funding Council for England to the non-voted Departmental Unallocated Provision (RfR1); x) A virement of 13,140,000 from non-voted expenditure by the Higher Education Funding Council for England to non-voted Launch Investment Receipts (RfR1).

Holding(s) in Company - London Stock Exchange

Holding(s) in Company - London Stock Exchange Page 1 of 5 Regulatory Story Go to market news section Company TIDM Headline Released HUM Holding(s) in Company 16:03 16-Dec-2010 1281Y16 RNS : 1281Y 16 December 2010 TR-1: NOTIFICATION OF MAJOR INTEREST