Contributions
2,217 recent contributions in Hansard
HANSARDFinancial Services and Markets BillI beg to move.25 Jan 2023HANSARDFinancial Services and Markets Bill25 Jan 2023HANSARDFinancial Services and Markets BillThere is no sunset clause on this power, just as there is no sunset clause on the powers in Clauses 3 and 4, so it is consistent with the approach we have taken with those other…25 Jan 2023HANSARDFinancial Services and Markets BillIt might be wise for me to write to the noble Baroness to address that specific point. Under the overall framework for the regulators, they need to make their rules in a way that…25 Jan 2023HANSARDFinancial Services and Markets BillMy Lords, I will begin by speaking to government Amendments 26 and 191 to 195 in my name, and Amendment 27, tabled by the noble Baroness, Lady Kramer. As she described very well…25 Jan 2023HANSARDFinancial Services and Markets Bill25 Jan 2023HANSARDFinancial Services and Markets Bill25 Jan 2023HANSARDFinancial Services and Markets BillNo, that discussion was not had. The powers are constrained in that they relate to the provisions in place to transition away from and replace retained EU law, rather than going…25 Jan 2023HANSARDFinancial Services and Markets BillMy understanding is that Amendment 28 contains powers to provide for amending secondary legislation, not primary legislation. I will seek a fuller explanation and I suggest that…25 Jan 2023HANSARDFinancial Services and Markets BillIn short, the approach is set out in Building a Smarter Financial Services Framework for the UK , which was published alongside the Edinburgh reforms. A number of those reforms…25 Jan 2023HANSARDFinancial Services and Markets BillMy Lords, standing here at this Dispatch Box, I would offer only a government view. I view it as entirely appropriate for the model we have set out today. I acknowledged the wider…25 Jan 2023HANSARDFinancial Services and Markets BillNo, that is not what I am saying; I am saying that we will have procedures in place to allow Parliament to scrutinise legislation. We will also have procedures in place to ensure…25 Jan 2023HANSARDFinancial Services and Markets BillMy Lords, I will speak first to Amendments 1, 244 and 245, before turning to the government amendments in this group. With respect to Amendment 1, the Government are seeking the…25 Jan 2023HANSARDWales: Additional Financial ResourcesAs the noble Baroness will know, the Welsh Government do not receive Barnett on HS2 spending because rail infrastructure in Wales is a reserved matter and the UK Government…18 Jan 2023HANSARDWales: Additional Financial ResourcesMy Lords, I believe that the fiscal framework agreed in 2016 does that, and I am sure the noble Lord will welcome the fact that the latest spending review set the largest annual…18 Jan 2023HANSARDStamp Duty Land Tax (Temporary Relief) BillMy Lords, I thank all noble Lords for their contributions to this short debate on the Bill today. In particular I thank my noble friend Lord Greenhalgh as the only Back-Bench…18 Jan 2023HANSARDStamp Duty Land Tax (Temporary Relief) BillMy Lords, the aim of the Bill before us today is to support the property market and reduce costs for first-time buyers and home movers during a difficult period for the economy.…18 Jan 2023HANSARDWales: Additional Financial ResourcesMy Lords, I am aware of the views of Lord Barnett, to whom the formula’s name relates. The point my noble friend makes about needs is exactly what we tried to build into the…18 Jan 2023HANSARDWales: Additional Financial ResourcesI have to disagree with the noble Baroness on most of the points in her question. As I have set out to this House, Wales receives 20% more funding per head than the UK equivalent,…18 Jan 2023HANSARDWales: Additional Financial ResourcesMy Lords, the Government have set out their plans for the shared prosperity fund and how they intend to keep that commitment. Taking into account the tail of EU contributions and…18 Jan 2023