Contributions
824 recent contributions in Hansard
HANSARDGreat British Energy Bill13 Jan 2025HANSARDNational Insurance Contributions (Secondary Class 1 Contributions) BillMy Lords, this Bill delivers one of the most destructive policies invented by this Labour Government. I will not deal with the fact that it breaks a manifesto promise, though it…06 Jan 2025HANSARDGreat British Energy BillThe noble Lord might like to read Hansard . I did not say that, but I do not think that need hold us up. We are not talking about the power of direction in this set of amendments.17 Dec 2024HANSARDGreat British Energy BillMay I just say to the noble Lord that what was proposed in my amendment was not secondary legislation? It was the simple possibility of a Motion to disapprove of something. It did…17 Dec 2024HANSARDGreat British Energy BillMy Lords, I have added my name to Amendment 51 from the noble Lord, Lord Vaux, and I also have four other amendments in this group. One of my concerns about the Bill is that Great…17 Dec 2024HANSARDOperaMy Lords, it is a pleasure to follow the noble Lord, Lord Murphy. I agree with practically everything he said. I start by declaring my interests, but not the usual ones recorded…10 Dec 2024HANSARDGreat British Energy BillMy Lords, the noble Lord, Lord Hunt, may not be as familiar with company law as the noble Lord, Lord Vaux. The object of a company, which is what the clause refers to, is a…03 Dec 2024HANSARDGreat British Energy BillAt the outset, the Minister said that Great British Energy was going to be capitalised at £8.3 billion. That formulation was used in the manifesto, the July statement, et cetera.…03 Dec 2024HANSARDGreat British Energy BillI would be very grateful if the noble Lord would write, because it is very difficult to see the £8.3 billion. The £125 million for 2025-26 is visible in DESNZ’s departmental…03 Dec 2024HANSARDGreat British Energy BillMy Lords, I tabled the Clause 2 stand part notice to probe the reasons why Clause 2 rules out Crown status for Great British Energy, but I also tabled it to explore further one of…03 Dec 2024HANSARDGreat British Energy BillMy Lords, I start by underlining what the noble Lord, Lord Vaux, said about the difference between objectives and objects. It really does repay all noble Lords taking part in…03 Dec 2024HANSARDGreat British Energy BillMy Lords, I support what both my noble friend Lord Offord of Garvel and the noble Lord, Lord Vaux, have said about the confusing overlap between what is now the National Fund…03 Dec 2024HANSARDGreat British Energy BillPerhaps I could take us on to another aspect of the £8.3 billion. Helpfully, the noble Lord confirmed in response to my noble friend Lord Offord’s Amendment 40 that financial…03 Dec 2024HANSARDGreat British Energy BillMy Lords, I thank my noble friend Lord Frost for bringing forward this amendment. It crystalised in my mind that the Bill is a solution in search of a problem. It does not have a…03 Dec 2024HANSARDGreat British Energy BillMy Lords, in this group I have Amendment 36, which partially overlaps Amendment 37 from my noble friend Lord Offord of Garvel. My noble friend asked some general questions about…03 Dec 2024HANSARDGreat British Energy BillMy Lords, paragraph 4.52 of the Companion says that it is usual for a Member making a maiden speech to be congratulated by the next speaker only, on behalf of the whole House,…18 Nov 2024HANSARDBank Resolution (Recapitalisation) Bill [HL]My Lords, I have Amendments 11 to 13 in this group; they are amendments to the Government’s Amendment 10, to which the noble Lord, Lord Vaux, has referred. Before I address those…04 Nov 2024HANSARDBank Resolution (Recapitalisation) Bill [HL]My Lords, I add my support to my noble friend’s amendment. If the power were used on a bank that had already achieved the MREL set for it, that use of the mechanism would raise…04 Nov 2024HANSARDBank Resolution (Recapitalisation) Bill [HL]My Lords, I spoke in Committee. I draw attention to my interests as included on the register; in particular, I hold shares in a number of banks that could be affected by the…04 Nov 2024HANSARDBank Resolution (Recapitalisation) Bill [HL]My Lords, I added my name to the amendment but I am glad that the noble Lord, Lord Vaux, will not be pressing it because, as he explained, there are difficulties with it. I pay…04 Nov 2024