Contributions
2,217 recent contributions in Hansard
HANSARDArrivals Duty Free at UK AirportsMy Lords, Northern Ireland enjoys frictionless trade with both the rest of the UK and the EU, and the Government are committed to ensuring that that remains the case. Introducing…30 Mar 2023HANSARDArrivals Duty Free at UK AirportsMy Lords, I have set out the position on duty free on arrival, but of course my noble friend is right that, following our exit from the EU, we have been able to introduce changes.…30 Mar 2023HANSARDArrivals Duty Free at UK AirportsMy Lords, public health considerations are a consideration in the decision-making process. I am sure the noble Baroness will welcome both the changes that we have made to the…30 Mar 2023HANSARDArrivals Duty Free at UK AirportsMy Lords, we welcome engagement on this issue, and we have heard the case put forward for duty free on arrival. As I have noted, the Government believe it would place additional…30 Mar 2023HANSARDArrivals Duty Free at UK AirportsDuty free on arrival would place additional pressure on the public finances, to which excise duty makes a significant contribution. Any loss in tax revenue would have to be…30 Mar 2023HANSARDArrivals Duty Free at UK AirportsMy noble friend is a persistent campaigner on this issue. He is right that, in leaving the EU, we were not able to maintain the previous policy of offering tax-free shopping to…30 Mar 2023HANSARDCo-operatives, Mutuals and Friendly Societies BillMy Lords, all speakers in this debate have recognised the diversity and value that mutuals bring to our economy. At their core, mutuals give people a stake in how businesses and…24 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, these amendments would introduce new parliamentary procedures when exercising the powers in the Bill, and the Government do not believe that they are necessary. The…23 Mar 2023HANSARDFinancial Services and Markets BillI can only repeat to the noble Baroness my words, which were that consultation and informal engagement, including on draft statutory instruments, will take place where there is a…23 Mar 2023HANSARDFinancial Services and Markets BillThe Government will make those changes only within the agreed scope set out in the Bill. That is perhaps why the DPRRC was content with the approach that they were taking.23 Mar 2023HANSARDFinancial Services and Markets BillThe intention is to allow for the restatement within EU law or to adapt it to a situation or circumstances within the UK. As I have said, in undertaking that work the Government…23 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, through this Bill, the Government are seeking gradually to repeal all retained EU law in financial services so that the UK can move to a comprehensive FSMA model of…23 Mar 2023HANSARDFinancial Services and Markets BillAs I said at the start of my contribution, it is the Government’s intention to move all retained EU law when it comes to financial services into the FSMA model of regulation. That…23 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, the Government recognise the potential for off-setting to enable businesses to address emissions that cannot be reduced through decarbonisation strategies. As the…23 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, I would not want to pre-empt the approach for any specific area of regulation, but the principles on which we are seeking take forward this work are about looking at…23 Mar 2023HANSARDFinancial Services and Markets Bill23 Mar 2023HANSARDFinancial Services and Markets BillThe noble Lord, Lord Sharkey, I believe, referred to two pieces of work that looked at the wider concern around procedures when it comes to statutory instruments and the House’s…23 Mar 2023HANSARDBritish Banking SectorMy Lords, I think the noble Baroness was asking about the Government’s proposed Edinburgh reforms package, which represents a move towards proportionate, simple regulation that…21 Mar 2023HANSARDBritish Banking SectorMy Lords, I emphasise to people at home the words of the Governor of the Bank of England that the UK banking system “remains safe, sound, and well capitalised.” The situation is…21 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, the Government remain fully committed to the objective of unlocking pensions capital for long-term, productive investment, where it is in the best interests of members.…21 Mar 2023