DOCSLIB.ORG

Land Registry Annual Report and Accounts 2013/14

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Land Registry Annual Report and Accounts 2013/14 HM Land Registry Annual Report and Accounts 2013/14 HM Land Registry Report and Accounts Annual 2013/14 HM Land Registry Annual Report and Accounts 2013/14 Presented to Parliament pursuant to Section 101 of the Land Registration Act 2002. Accounts presented to Parliament pursuant to Section 4(6)(a) of the Government Trading Funds Act 1973 as amended by the Government Trading Act 1990. Ordered by the House of Commons to be printed on 17 July 2014. HC 196 Land Registry Annual Report and Accounts 2013/14 © Crown copyright 2014 You may re-use this information (excluding logos) free of charge in any format or medium, under the terms of the Open Government Licence v.2. To view this licence visit www.nationalarchives.gov.uk/doc/open-government-licence/version/2/ or email PSI@ nationalarchives.gsi.gov.uk Where third party material has been identified, permission from the respective copyright holder must be sought. This publication is available at www.gov.uk/government/publications For enquiries regarding this publication call Customer Support on 0844 892 1111 or email [email protected]; for press enquiries call the Press Office on 0300 006 7543. Print ISBN 9781474105378 Web ISBN 9781474105385 Printed in the UK by the Williams Lea Group on behalf of the Controller of Her Majesty’s Stationery Office. ID 27051402 07/14 Printed on paper containing 75 per cent recycled fibre content minimum. 2 Land Registry Annual Report and Accounts 2013/14 Contents Statement by the Chair 5 Foreword by the Chief Land Registrar 7 and Chief Executive Who we are and what we do 9 Our year in figures 10 Our year in focus 13 Finance Director’s report 19 Strategic report 25 Directors’ report 35 Information round-up 39 Accounts 49 Governance statement 49 Statement of Accounting Officer’s responsibilities 59 Remuneration report 61 Certificate of the Comptroller and Auditor General 69 Financial statements 71 Appendix A Volumes and workloads 95 Appendix B Response to the economic climate 96 Appendix C Treasury Minute 99 3 Land Registry Annual Report and Accounts 2013/14 4 Land Registry Annual Report and Accounts 2013/14 Statement by the Chair Land Registry’s future has been the subject of much public debate over the past few months. Following a consultation the Government has announced its intention to facilitate wider powers allowing us to become sole registering authority for Local Land Charges. The Government has also been considering the results of a consultation on measures to enable the business of land registration to be more delivery focused and for Land Registry to have greater flexibility to operate. The Government has announced that further consideration of the themes raised by the consultation would be valuable. Therefore at this time, no decision has been taken to change Land Registry’s model. However this period of deliberation has been far from a hiatus for us. We have carried on working towards our objectives in the key areas of efficiency, data, assurance to help job seekers and house buyers identify affordable and capability with greater vigour and success than areas to work and live. ever, making excellent progress towards the challenging targets in our Business Strategy. Our role in providing assurance to the property market demands that we continually improve our customer Our commitment to greater efficiency has been service and our counter-fraud systems. High quality demonstrated by our success in exceeding our targets registrations and detailed attention to changing customer in areas as diverse as the speed in which we complete needs helped us exceed our already high customer registrations, the running of our operational budget and satisfaction and Net Promoter Score targets. We know the carbon we emit into the atmosphere. however that the plaudits will soon cease if we don’t fulfil our duty to prevent property fraud. Our new free Property We achieved a 21 per cent rise in productivity as a Alert service is one of many ways in which we are helping stable workforce processed a fast increasing number of home owners to reduce the risk of fraud. applications generated by the recovery in the property market. This was thanks both to their hard work and to The uncertainty over our future status made it perhaps the efficiency measures and technological enhancements unsurprising that we missed our staff engagement we are introducing. Almost 56 per cent of applications target. But our people have continued to demonstrate affecting a registered title are now being lodged their commitment to their work, their colleagues and their electronically. The next challenge will be to develop more communities in many other ways. efficient processes for these applications. We know that a skilled and motivated workforce is as We have also been proactive in widening our role in crucial to helping us achieve our future ambitions as it the property market for the benefit of the economy. has been to the successes of the past 12 months. During By developing a prototype Local Land Charges register a year of uncertainty it is to the credit of both the we demonstrated how we could use our experience and management team led by Ed Lester and our staff that we expertise to improve the conveyancing process. We have met so many of our targets and so been able to play believe there could be areas outside our traditional remit our full part in assisting the economic future of the in which we could play a similarly positive role. country. With further support and development we intend to build on this success to provide new and improved We have also broken new ground in the use and reuse of services for the benefit of our customers and the broader our data. Over the year we’ve released new datasets on economy. a regular basis and to demanding standards of quality and accessibility. Businesses are finding exciting ways of exploiting the data to create new services that benefit markets and consumers. Our price paid data is used by virtually all of the housing and property market’s analysts and is integral to the Mark Boyle majority of property applications available. Indeed, one Chair of the prizes in our open data challenge was awarded to Land Registry Board Adzuna, who based their idea on a novel use of our data 5 Land Registry Annual Report and Accounts 2013/14 6 Land Registry Annual Report and Accounts 2013/14 Foreword by the Chief Land Registrar and Chief Executive My first year at Land Registry has been a year of both significant change and growth in business-as-usual activity. It is a testament to the commitment and professionalism of colleagues that Land Registry has been able to progress aspects of the new Business Strategy while servicing transaction volumes which have increased by 16 per cent compared with the previous year. The Business Strategy approved by the Minister in 2012 has begun to take shape. A significant and demanding piece of work has been undertaken by Land Registry colleagues to develop the planning and modelling required to achieve the benefits it set out. These benefits include increases in productivity, which will be driven by digital by default, better online services to the customer and maximising the use of our data. To fulfil the strategy, the government shareholder – the Shareholder Executive – has completed an eight-week public consultation to enable the business of land We were also able to meet our efficiency objective, a registration to be more delivery focused and to have financial budget constraint which required a 3.2 per greater flexibility to operate. It included proposals to cent saving in real terms, while coping with the increase create a new company to which responsibility for the in work, reflecting the drive to give better value to the performance of service delivery would be transferred customer. and to have a separate Office of the Chief Land Registrar, which would primarily perform regulatory functions. The targets for 2013/14 also included the first steps along the Business Strategy path. These included release Land Registry also consulted on wider powers to become of a free Property Alert service. This service was recently sole registering authority for Local Land Charges, recognised with an award of first place in the Real IT enabling us to provide a streamlined standardised digital Awards under the category Innovation in Business. It service. The Government has announced its intention to offers a free property monitoring service aimed at anyone facilitate wider powers allowing Land Registry to become who feels their registered property could be at risk from sole registering authority for Local Land Charges. fraud. It is the latest counter-fraud measure that we have introduced to help protect people’s most valuable asset – The Government has announced at this time, that no their home. decision has been taken to change Land Registry’s model. There are however some steps we can take to We also achieved the objective to develop a prototype improve the way Land Registry operates. For example, Local Land Charges system in conjunction with a small the development of the Virtual Post Room service will group of local authorities supporting the pilot, to test the streamline the intake of casework, allowing digital flow feasibility of the service, and we presented an evaluation to our caseworkers, thereby making the best use of their of the prototype with recommendations to the Minister on skills and improving our efficiency and effectiveness. next steps. This approach allows us to test future options in a low risk way, with limited financial exposure. While recognising the challenge that change brings to any business, we must continue to maintain our focus on Our income of £381.3m was based on the fee structure the effective delivery of day-to-day activities.
Load more

Recommended publications
  • Annual Report and Accounts 2015 for the YEAR ENDED 31 MARCH 2015
    Annual Report and Accounts 2015 FOR THE YEAR ENDED 31 MARCH 2015 EMPOWERING COMPANIES TO SCALE UP ENABLING COMPANIES TO START UP ENSURING COMPANIES STAY AHEAD 2014-2015 | Annual Report and Accounts Key facts over 40,000 smaller businesses We are working over with over 80 £2.3bn partners across to smaller Annual Report and Accounts 2015 England, Northern businesses FOR THE YEAR ENDED 31 MARCH 2015 Ireland, Scotland over and Wales to unlock finance 80 partners for smaller UK businesses Our programmes currently support £2.3bn* of finance to over 40,000 smaller businesses, and we participate in a further £2.9bn* of finance to small mid-cap businesses * total includes both our contribution and additional private sector money MORE THAN OVER £ +10,000 75% more smaller businesses of our lending and investment are now benefiting from support is distributed through finance supported by the smaller providers, increasing British Business Bank diversity in the market compared with a year ago We operate across all sectors, but the top five supported are 14% 13% 13% 12% 8% Wholesale and Information and Manufacturing Accommodation Science and Retail Trade Communications and Food Service Technology Other UK Government Support Keep in touch Get in touch @britishbbank www.british-business-bank.co.uk www.greatbusiness.gov.uk British Business Bank [email protected] 2 3 2014-2015 | Annual Report and Accounts CONTENTS CONTENTS Chairman’s Chief Executive’s Strategic report statement statement The British Business Bank “ has had a successful first
    [Show full text]
  • Francis Maude Steve Thomas Minister for the Cabinet Office Experian
    Public Sector Transparency Board Meeting 15th January 2015, Room 215, 70 Whitehall Transparency Board Members: Francis Maude Steve Thomas Minister for the Cabinet Office Experian Carol Tullo Professor Sir Tim Berners-Lee Director, Information Policy and Open Data Institute Services, The National Archives Heather Savory Professor Sir Nigel Shadbolt Open Data User Group Open Data Institute Dr Rufus Pollock Andrew Stott Open Knowledge Foundation Transparency and Digital Engagement Advisor Harvey Lewis Professor David Rhind Deloitte Advisory Panel on Public Sector Information Officials: Ceri Smith Claudia Arney Director, Public Data Group Chair, Public Data Group Rob Molan John Sheridan Head of Knowledge and Information Head of Legislation Services, The National Management at Department for Work Archives and Pensions Paul Maltby Ollie Buckley Director of Open Data and Deputy Director, Transparency Team, Government Innovation, Cabinet Cabinet Office Office Kitty von Bertele Antonio Acuna Transparency Team, Cabinet Office Transparency Team, Cabinet Office Apologies: Simon Hughes MP Ed Vaizey MP Minister of State, Justice Minister of State for Culture and the Digital Economy Sir Mark Walport Dame Fiona Caldicott Government Chief Scientific Advisor Chair of the Oxford University Hospitals NHS Trust Liam Maxwell Mike Bracken Government Digital Service Government Digital Service Stephan Shakespeare Rufus Pollock YouGov Open Knowledge Foundation Bill Roberts SWIRRL Welcome The Minister for the Cabinet Office (Chair) welcomed back the Public Sector Transparency Board (PSTB). Apologies from absent members were noted. Update from Transparency Team Ollie Buckley, Deputy Director of the Cabinet Office Transparency Team highlighted the main areas of focus for the Transparency Team: Ollie updated the Board on the second iteration of the National Information Infrastructure (NII), which will be published in beta form in March with data from three exemplar departments.
    [Show full text]
  • A Summary of the NAO's Work on the Department for Business
    DEPARTMENTAL OVERVIEW A summary of the NAO’s work on the Department for Business, Innovation and Skills 2011-12 OCTOBER 2012 2 A summary of the NAO’s work on the Department for Business, Innovation and Skills 2011-12 Our vision is to help the nation spend wisely. We apply the unique perspective of public audit to help Parliament and government drive lasting improvement in public services. The National Audit Office scrutinises public spending for Parliament and is independent of government. The Comptroller and Auditor General (C&AG), Amyas Morse, is an Officer of the House of Commons and leads the NAO, which employs some 860 staff. The C&AG certifies the accounts of all government departments and many other public sector bodies. He has statutory authority to examine and report to Parliament on whether departments and the bodies they fund have used their resources efficiently, effectively, and with economy. Our studies evaluate the value for money of public spending, nationally and locally. Our recommendations and reports on good practice help government improve public services, and our work led to audited savings of more than £1 billion in 2011. Contents Introduction 4 Appendix One Department’s sponsored bodies at Part One 1 April 2012 20 About the Department 5 Appendix Two Part Two Results of the Civil Service People Financial management 12 Survey 2011 22 Part Three Appendix Three Reported performance 15 Account qualifications 2011-12 24 Appendix Four Publications by the NAO on the Department since 2009-10 25 Appendix Five Recent cross-government NAO reports of relevance to the Department 27 4 Introduction A summary of the NAO’s work on the Department for Business, Innovation and Skills 2011-12 Introduction Aim and scope of this briefing The primary purpose of this report is to provide the Business, Innovation and Skills Select Committee with a summary of the recent performance of the Department for Business, Innovation and Skills, based primarily on the Department’s Accounts and National Audit Office work.
    [Show full text]
  • Annual Report and Accounts 2014-15 Department for Business, Innovation and Skills
    Annual Report and Accounts 2014-15 Department for Business, Innovation and Skills Annual Report and Accounts 2014-15 For the year ended 31 March 2015 Accounts presented to the House of Commons pursuant to Section 6(4) of the Government Resources and Accounts Act 2000 Annual Report presented to the House of Commons by Command of Her Majesty Annual Report and Accounts presented to the House of Lords by Command of Her Majesty Ordered by the House of Commons to be printed on 14th July 2015 HC 75 © Crown copyright 2015 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: [email protected]. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. This publication is available at www.gov.uk/government/publications Any enquiries regarding this publication should be sent to us at [email protected] Print ISBN 9781474118255 Web ISBN 9781474118262 ID 15061503 07/15 Printed on paper containing 75% recycled fibre content minimum Printed in the UK by the Williams Lea Group on behalf of the Controller of Her Majesty’s Stationery Office Contents Overview by the Secretary of State 6 Permanent Secretary’s Review 7 Our Purpose Our Purpose 14 Our business model 14 How we have performed 18 Knowledge and Innovation 19 Enterprise
    [Show full text]
  • Science in the Met Office: Government Response to the Committee's Thirteenth Report of Session 2010–12
    House of Commons Science and Technology Committee Science in the Met Office: Government Response to the Committee's Thirteenth Report of Session 2010–12 First Special Report of Session 2012–13 Ordered by the House of Commons to be printed 23 May 2012 HC 162 Published on 25 May 2012 by authority of the House of Commons London: The Stationery Office Limited £0.00 Science and Technology Committee The Science and Technology Committee is appointed by the House of Commons to examine the expenditure, administration and policy of the Government Office for Science and associated public bodies. Current membership Andrew Miller (Labour, Ellesmere Port and Neston) (Chair) Caroline Dinenage (Conservative, Gosport) Gareth Johnson (Conservative, Dartford) Stephen Metcalfe (Conservative, South Basildon and East Thurrock) Stephen Mosley (Conservative, City of Chester) Pamela Nash (Labour, Airdrie and Shotts) Sarah Newton (Conservative, Truro and Falmouth) Jonathan Reynolds (Labour/Co-operative, Stalybridge and Hyde) Graham Stringer (Labour, Blackley and Broughton) Hywel Williams (Plaid Cymru, Arfon) Roger Williams (Liberal Democrat, Brecon and Radnorshire) The following members were also members of the committee during the parliament: Gavin Barwell (Conservative, Croydon Central) Gregg McClymont (Labour, Cumbernauld, Kilsyth and Kirkintilloch East) Stephen McPartland (Conservative, Stevenage) David Morris (Conservative, Morecambe and Lunesdale) Powers The Committee is one of the departmental Select Committees, the powers of which are set out in House of Commons Standing Orders, principally in SO No.152. These are available on the Internet via www.parliament.uk Publications The Reports and evidence of the Committee are published by The Stationery Office by Order of the House. All publications of the Committee (including press notices) are on the Internet at http://www.parliament.uk/science.
    [Show full text]
  • Department for Business, Innovation and Skills
    Business Plan 2012-2015 Department for Business Innovation and Skills 31 May 2012 This plan will be updated annually Contents: Section A: Coalition priorities ................................. 2 Section B: Structural Reform Plan ............................ 4 Section C: Departmental expenditure ................... 22 Section D: Transparency ....................................... 26 A) Coalition priorities 1. Knowledge and Innovation - Promote excellent universities and research and increased business innovation 2. Skills - Build an internationally competitive skills base and promote more opportunities for individuals in realising their potential 3. Enterprise - Boost enterprise and make this the decade of the entrepreneur; and rebalance the economy across sectors and across regions 4. Trade and investment - Stimulate exports and inward investment 5. Markets - Create a positive business environment; and protect and empower consumers 2 Departmental responsibilities This page sets out who in the Department leads on its major responsibilities, including its Coalition priorities. Permanent Secretary: Martin Donnelly Chief Scientific Adviser: Professor John Perkins Knowledge & Business & Skills UK Trade & Markets and Shareholder Strategy, Analysis People, Finance & Innovation Investment Local Growth Executive and Better Communications Commercial Legal Services £11.8bn, £0.04bn £0.4bn, £1.2bn, Regulation and Corporate £0.1bn, £4.3bn, 261 staff (admin only), 586 staff 100 staff £0.02bn, Effectiveness 274 staff 664 staff Director 550 staff Director Chief Executive: 214 staff £0.03bn, Director Director General: General: Chief General: Stephen Director General: 230 staff General: Rachel Sandby- Sir Adrian Executive: Bernadette Kelly Lovegrove Tera Allas Acting Director Howard Orme Thomas Smith Nick Baird General: Joanna Donaldson Structural Reform 1. Knowledge 2. Skills 5. Markets 4. Trade 3. Enterprise 5. Markets Priorities & Innovation 3. Enterprise 4.
    [Show full text]
  • Public Sector Information and Open Government Data
    Public Sector Information and Open Government Data Mohammad Adly Talaat Ministry of Communications and Information Technology, Egypt [email protected] DOI: 10.20470/jsi.v7i2.252 Abstract: This paper tackles the distinguished case studies of some countries in the domains of Public Sector Information (PSI) and Open Government Data (OGD), and demonstrates the current situation of Egypt related to them. The paper shows as well why the OGD is needed and its benefits on the political, economic, social, and international readiness axes. Keywords: Open Data for Development, Public Sector Information (PSI), Open Government Data (OGD). Introduction In the last decade research has shown that open access to Public Sector Information (PSI) increases the efficiency and transparency of public sector and drives to a knowledge-based economy. Thus, a large number of governments over the world have been focusing on maximizing the benefits from PSI in terms of citizen participation and empowering innovation in society (Jetzek, 2012). 1. Public Sector Information and Open Government Data definition PSI is broadly defined by OECD in 2008 as “information, including information products and services, generated, created, collected, processed, preserved, maintained, disseminated, or funded by or for the Government or public institution” (OECD, 2008). PSI is characterized by being dynamic, continually and directly generated by the public sector and associated with its functioning (for example, meteorological data, business statistics), and by being readily useable in commercial applications (OECD, 2005). OGD is a subset of the PSI and is defined as open data produced or commissioned by the government (or government controlled entities), where the term “open data” refers to data that can be freely used, re-used, and distributed1 .
    [Show full text]
  • Innovation and Research Strategy for Growth [Cm 8239]
    Innovation and Research Strategy for Growth DECEMBER 2011 Innovation and Research Strategy for Growth � Presented to Parliament by the Secretary of State for Business, Innovation and Skills � by Command of Her Majesty � December 2011 � Cm 8239 £15.50 © Crown copyright 2011 You may re-use this information (excluding logos) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit http://www.nationalarchives.gov.uk/doc/open-government-licence/ or e-mail: [email protected]. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. Any enquiries regarding this publication should be sent to us at � Department for Business, Innovation and Skills � 1 Victoria Street � London SW1H 0ET � Telephone: 020 7215 5000 � This publication is available for download at www.official-documents.gov.uk and from our website at http://www.bis.gov.uk/innovatingforgrowth � ISBN: 9780101823920 � Printed in the UK by The Stationery Office Limited � on behalf of the Controller of Her Majesty’s Stationery Office � ID 2467087 12/11 � Printed on paper containing 75% recycled fibre content minimum. � Contents � Foreword iv Executive Summary 1 1 The Innovation and Research Strategy for Growth 5 2 Discovery and Development 16 3 Innovative Businesses 31 4 Knowledge and Innovation 46 5 Global Collaboration 59 6 New Innovation Challenges 73 Conclusions 88 Delivery Plan 91 iii Foreword � The UK has a global reputation for Innovation and Research. Our knowledge base, which includes renowned universities and research institutes, is the most productive among the G8.
    [Show full text]
  • Open Data Six Stories About Impact in the UK
    Open Data Six Stories About Impact in the UK Becky Hogge November 2015 Commissioned by Omidyar Network A Message from Omidyar Network In 2010, the year the United Kingdom launched its open data portal, a Transparency & Accountability Initiative report highlighted both the promise and potential of open data to improve services and create economic growth. In the fve years since, the UK’s progress in opening its data has been pioneering and swift, but not without challenges and questions about impact. It’s this qualifed success that prompted us to commission this report in an effort to understand if the promise and potential of open data are being realized, and, specifcally, to… … explore and document open data’s social, cultural, political, and economic impact; … shine a light on the range of sectors and ways in which open data can make a difference; and ... profle the open data value chain, including its supply, demand, use, and re-use. The report’s author, Becky Hogge, fnds that open data has had catalytic and signifcant impact and that, in time, will likely reveal even further value. She also fags critical challenges and obstacles, including closed datasets, valuable data not currently being collected, and important privacy considerations. Omidyar Network has long championed open data as one key ingredient to more effective, effcient, fair governance and a more empowered and engaged citizenry. This report reinvigorates our commitment to this space and our admiration for the organisations and champions working daily to maximize the value of open data. We are deeply grateful to Becky for the impressive rigour and depth with which she approached this research.
    [Show full text]
  • Terms of Reference for the Data Strategy Board & the Public Data
    Terms of Reference for the Data Strategy Board & the Public Data Group Including Terms of Reference for the Public Weather Service Customer Group, the Geographic Information Customer Group and the Open Data User Group March 2012 Contents 1. Data Strategy Board ................................................................................. 3 2. Public Data Group ..................................................................................... 6 3. Public Weather Service Customer Group .............................................. 8 4. Geographic Information Customer Group ........................................... 12 5. Open Data User Group .......................................................................... 16 6. Structure and Governance ..................................................................... 18 2 1. Data Strategy Board ToRs Purpose of the Data Strategy 1.5. The DSB will develop and own a new Board strategic framework to steer delivery of Government’s aims set out above. It will 1.1. The Data Strategy Board (DSB) will develop business cases in support of its seek to maximise the value of data from the recommendations to Ministers. Public Data Group (PDG) of Trading Funds for long-term economic and social benefit, Commissioner of Open Data including through the release of data free of 1.6. DSB will advise Ministers in their charge. It will act as an intelligent customer responsibility for: advising Government on commissioning and purchasing key data and services from the commissioning and purchasing data and PDG. services for free release to the public, and 1.2. The purpose of the DSB is: on behalf ensuring this represents good value for of the public sector, to steer the the taxpayer; and management of contracts with the PDG; at least an additional £7m expenditure in consider how data from the PDG might this Spending Review period for the generate economic growth; and, to work to purchase of additional data for free ensure that Ministers have appropriate advice release.
    [Show full text]
  • Land Registry: (A) Proposed Changes to the Commercial Model; and (B) Infrastructure Bill
    Land Registry: (A) proposed changes to the commercial model; and (B) Infrastructure Bill Standard Note: SN/SP/6885 Last updated: 20 January 2015 Author: Tim Jarrett Section Social Policy This note covers two topics concerning the Land Registry. The first part of this note (section A) considers the Government’s proposal to change the status of the Land Registry from a Trading Fund, and to split the delivery and policy functions of the Land Registry with the delivery functions undertaken by a service delivery company, and policy work the responsibility of a new Office of the Chief Land Registrar (“OCLR”) to be retained in Government. This proposal was set out in the January 2014 consultation, Consultation Document – Introduction of a Land Registry service delivery company, published by the Department for Business, Innovation and Skills. The consultation closed on 20 March 2014. In response to the comments received during the consultation, in a July 2014 written ministerial statement the Government stated that it had “concluded that further consideration would be valuable”, adding that “therefore, at this time, no decision has been taken to change Land Registry’s model”. The second part of this note (section B) considers the Infrastructure Bill [HL] which is currently before the House of Commons, including developments at Second Reading and Committee Stage. More detailed background on the Bill can be found in the Library Research Paper on the Bill (RP 14/65), which was published ahead of its Second Reading in the Commons. It should be noted that the Land Registry only operates in England and Wales.
    [Show full text]
  • British Business Bank Annual Report and Accounts 2015
    Annual Report and Accounts 2015 FOR THE YEAR ENDED 31 MARCH 2015 EMPOWERING COMPANIES TO SCALE UP ENABLING COMPANIES TO START UP ENSURING COMPANIES STAY AHEAD 2014-2015 | Annual Report and Accounts Key facts over 40,000 smaller businesses We are working over with over 80 £2.3bn partners across to smaller Annual Report and Accounts 2015 England, Northern businesses FOR THE YEAR ENDED 31 MARCH 2015 Ireland, Scotland over and Wales to unlock fnance 80 partners for smaller UK businesses Our programmes currently support £2.3bn* of fnance to over 40,000 smaller businesses, and we participate in a further £2.9bn* of fnance to small mid-cap businesses * total includes both our contribution and additional private sector money MORE THAN OVER £ +10,000 75% more smaller businesses of our lending and investment are now benefting from support is distributed through fnance supported by the smaller providers, increasing British Business Bank diversity in the market compared with a year ago We operate across all sectors, but the top fve supported are 14% 13% 13% 12% 8% Wholesale and Information and Manufacturing Accommodation Science and Retail Trade Communications and Food Service Technology Other UK Government Support Keep in touch Get in touch @britishbbank www.british-business-bank.co.uk www.greatbusiness.gov.uk British Business Bank [email protected] 2 3 2014-2015 | Annual Report and Accounts CONTENTS CONTENTS Chairman’s Chief Executive’s Strategic report statement statement The British Business Bank “ has had a successful frst 86 10
    [Show full text]