Contributions
958 recent contributions in Hansard
HANSARDEconomic DownturnThe Recruitment & Employment Confederation found that the UK could lose up to £39 billion a year from 2024 if we do not resolve labour and skills shortages. What is the…18 Jul 2022HANSARDTax Cuts: Fiscal ImpactMy Lords, the cruel inflation which has hurt so many families and so many businesses has delivered the Government a bumper windfall in value added tax, now estimated to be well…13 Jul 2022HANSARDEnergy (Oil and Gas) Profits Levy BillMy Lords, there is just one question that I would like to ask the Minister before I begin. There has been some rumour in the press that this legislation would be passed but not…13 Jul 2022HANSARDUK Infrastructure Bank Bill [HL]My Lords, obviously my colleagues and I support the creation of the UK Infrastructure Bank. We regret that it does not have the genuine operational independence that was a clear…11 Jul 2022HANSARDMoney Laundering Regulations: Politically Exposed PersonsMy Lords, of course we have to be tough on money laundering but a whole industry has been spawned that scans for PEPs internationally. Will the noble Baroness take this message on…05 Jul 2022HANSARDUK Infrastructure Bank Bill [HL]My Lords, my motivation here is somewhat different: I want to see the bank move along the risk spectrum. There is a temptation, due to the structure of the bank, for it to stay…04 Jul 2022HANSARDUK Infrastructure Bank Bill [HL]My Lords, I will be very brief. I thank the Minister, particularly, for establishing that the review will be carried out by an independent body. That is absolutely crucial; we…04 Jul 2022HANSARDUK Infrastructure Bank Bill [HL]My Lords, I am going to be exceedingly brief because so much has been said which I support. I want to make a couple of comments on Amendment 12 in the name of the noble Lord, Lord…04 Jul 2022HANSARDUK Infrastructure Bank Bill [HL]My Lords, I have added my name to all the amendments in this group but I will try to be brief. I want to pick up on the point just made by the noble Lord, Lord Vaux. Amendment 21…04 Jul 2022HANSARDUK Infrastructure Bank Bill [HL]I have a quick question, the answer to which would be helpful. Unfortunately, we have not seen the strategic plan, which the Minister says will appear before Report. Is she…14 Jun 2022HANSARDUK Infrastructure Bank Bill [HL]Just for clarification, will the Treasury review the bank in that 2024 piece of work? Will it be reviewing itself?14 Jun 2022HANSARDUK Infrastructure Bank Bill [HL]My Lords, I will speak very briefly. A couple of the amendments are in my name and I have signed others. I absolutely join the noble Baroness, Lady Noakes, and the noble Lord,…14 Jun 2022HANSARDUK Infrastructure Bank Bill [HL]The Minister makes a good point; I am used to thinking of legislation that starts in the Commons, and therefore legislative consent is in place by the time it gets to the Lords. I…14 Jun 2022HANSARDUK Infrastructure Bank Bill [HL]I thank the Minister for her comments. I am slightly alarmed by two things, the first of which is that she sees no reason why the chair should have influence over the shape of the…14 Jun 2022HANSARDUK Infrastructure Bank Bill [HL]My Lords, I recognise that the Clock is moving rapidly, so I will be quite speedy. These amendments are reasonably self-evident. With the amendments that stand in my name here, I…14 Jun 2022HANSARDUK Infrastructure Bank Bill [HL]14 Jun 2022HANSARDUK Infrastructure Bank Bill [HL]My Lords, I will speak first to the generality and then to my amendment in this group. As to the generality, all the proposed changes or enhancements to Clause 9—reviews of the…14 Jun 2022HANSARDUK Infrastructure Bank Bill [HL]I will obviously withdraw in Committee, but I cannot see the harm, only the benefit, of putting operational independence in the Bill, particularly using language that has been…14 Jun 2022HANSARDUK Infrastructure Bank Bill [HL]I will just challenge that slightly, because this all goes hand in hand with the direction, which can be specific. We are talking not just about general direction but about…14 Jun 2022HANSARDUK Infrastructure Bank Bill [HL]I am really confused about why company law would provide operational independence. It would be really helpful if the Minister could address that. I think she just said that it had…14 Jun 2022