Contributions
2,217 recent contributions in Hansard
HANSARDCryptocurrenciesI agree with all the points that the noble Lord makes. Earlier this week I tried to emphasise that, while we are cognisant of risks from certain types of crypto assets and will…02 Mar 2022HANSARDCryptocurrenciesI hope the third time is at least in part the charm. It is a criminal offence for a crypto asset exchange provider or custodian wallet provider to operate in the UK without…02 Mar 2022HANSARDInvestments: Environmental, Social and Governance CriteriaThe noble Baroness is absolutely right. We are aware of the huge energy use that can be involved in these currencies. The UK is developing a green taxonomy, which will make us the…02 Mar 2022HANSARDInvestments: Environmental, Social and Governance CriteriaThe work that we are doing to green finance and green our economy means that there will be far greater transparency on the impact of firms on climate change and the wider…02 Mar 2022HANSARDInvestments: Environmental, Social and Governance CriteriaMy Lords, the Government set up a specific panel to look at those very questions, and I cannot pre-empt the outcome of its work.02 Mar 2022HANSARDInvestments: Environmental, Social and Governance CriteriaMy Lords, the noble Baroness makes a good point. The UK is working with the International Sustainability Standards Board to develop global sustainability reporting standards. We…02 Mar 2022HANSARDHealth and Care BillMy Lords, I thank all noble Lords for their welcome for the government amendments, and for setting the challenge for the Government that there is always more to do. I agree with…01 Mar 2022HANSARDHealth and Care BillMy Lords, in moving Amendment 1, tabled in the name of my noble friend Lord Kamall, I will speak to the other government amendments in this group in his name. Amendments 1, 76 and…01 Mar 2022HANSARDHealth and Care Bill01 Mar 2022HANSARDHealth and Care BillMy Lords, in moving Amendment 7 in the name of my noble friend Lord Kamall, I will speak to the other government amendments in his name. We had a passionate debate on climate…01 Mar 2022HANSARDHealth and Care Bill01 Mar 2022HANSARDHealth and Care BillMy Lords, this has been a welcome, consensual and short start to Report stage, which I am sure we will continue through future groups. I am not sure there is much to add, so…01 Mar 2022HANSARDHealth and Care BillMy Lords, I am very grateful to the noble Baroness, Lady Hollins, for introducing this debate on behalf of the noble Lord, Lord Low. I am the first to agree that the provision of…01 Mar 2022HANSARDCrypto CurrenciesMy Lords, I will take the noble Baroness’s latter point back to the Treasury. On her first point, she is absolutely right that, while we take steps to regulate the use of these…28 Feb 2022HANSARDTax Credits, Child Benefit and Guardian’s Allowance Up-rating Regulations 2022That the draft Regulations laid before the House on 17 January be approved. Considered in Grand Committee on 23 February.28 Feb 2022HANSARDCrypto CurrenciesThe noble Baroness is right that we should not forget the opportunities that the underlying technology for crypto assets present for businesses in the UK. The Government are very…28 Feb 2022HANSARDCrypto CurrenciesMy Lords, financial education is something that the Department for Education looks at and, I believe, is supportive of. The noble Lord is right that more and more people are…28 Feb 2022HANSARDCrypto CurrenciesMy Lords, whenever the noble Lord stands up, I either strongly agree or strongly disagree with him; in this case, I strongly agree.28 Feb 2022HANSARDCrypto CurrenciesMy Lords, certain crypto assets offering new ways to transact and invest are part of a trend of rapid innovation in financial technology. However, these developments also present…28 Feb 2022HANSARDCrypto CurrenciesIt is probably worth trying to distinguish between different forms of crypto assets: unbacked crypto assets such as bitcoin can be highly volatile and speculative, and are…28 Feb 2022