Contributions
793 recent contributions in Hansard
HANSARDCash NetworkAs my noble friend is aware, the DWP payment policy is to pay benefits and pensions into a standard bank, building society or credit union. The DWP encourages customers to provide…07 Sept 2021HANSARDBank of England Act 1998 (Macro-prudential Measures) (Amendment) Order 2021That the draft Order laid before the House on 14 June be approved. Considered in Grand Committee on 8 July.14 Jul 2021HANSARDOverseas Development AssistanceMy Lords, the Government remain committed to the International Development (Official Development Assistance Target) Act 2015 and to spending 0.7% of gross national income on…14 Jul 2021HANSARDOverseas Development AssistanceMy Lords, I can reassure my noble friend that the 2015 Act had provision for suspension of the 0.7% depending on major events such as the one we have just experienced with Covid.…14 Jul 2021HANSARDOverseas Development AssistanceJust to restate the point, Section 2 of the 2015 Act envisages circumstances in which the 0.7% target is not met due to “economic circumstances and, in particular, any substantial…14 Jul 2021HANSARDOverseas Development AssistanceMy Lords, I respectfully disagree with the noble Lord. We have not broken our own laws. As I pointed out in my supplementary answer to my noble friend, this is a suspension of the…14 Jul 2021HANSARDOverseas Development AssistanceMy Lords, I respectfully disagree with the noble Baroness that it is in breach of the Act. The Act provides for accountability to Parliament in the form of a Statement in the…14 Jul 2021HANSARDOverseas Development AssistanceMy Lords, as my noble friend will know, we are undergoing a rationalisation by moving DfID into the FCDO. The Foreign Secretary has agreed that he will focus all of government’s…14 Jul 2021HANSARDOverseas Development AssistanceMy Lords, at the risk of being tedious, we have not in any way expunged the Act. We have suspended it in line with the section that I cited in the previous answer.14 Jul 2021HANSARDOverseas Development AssistanceMy Lords, it is important to remind the House that we have done this in the largest crisis to affect our country since the war and the largest recession in 300 years, with…14 Jul 2021HANSARDOverseas Development AssistanceI respectfully disagree with the right reverend Prelate on that assertion. We will absolutely be prioritising the budget for the programmes of the most urgency and impact, so I do…14 Jul 2021HANSARDOverseas Development AssistanceI disagree with the noble Lord that this is a small sum of money when it would be 1p on income tax and is something like four times the amount committed to hiring 50,000 more…14 Jul 2021HANSARDOverseas Development AssistanceMy Lords, that will be for when we have re-established a fiscal position that allows us to meet our commitments without having to borrow money on a day-to-day basis. That is the…14 Jul 2021HANSARDOverseas Development AssistanceI strongly agree with my noble friend. We need to be much more stringent in our assessment of how the money is spent. We saw from the St Helena Airport incident, for instance,…14 Jul 2021HANSARDOverseas Development AssistanceI disagree with the noble Lord. The vessel to which he refers will be to promote Britain and trade and lead to wealth creation. The cost—some £200 million, I understand, has been…14 Jul 2021HANSARDBank of England Act 1998 (Macro-prudential Measures) (Amendment) Order 2021My Lords, since the financial crisis, the Government have implemented significant reforms to address the problems of the past and make the financial sector safer and more stable.…08 Jul 2021HANSARDBank of England Act 1998 (Macro-prudential Measures) (Amendment) Order 2021My Lords, I thank the noble Lord, Lord Tunnicliffe, and the noble Baroness, Lady Bowles, for their thoughtful contributions. It is the Government’s view that this instrument is…08 Jul 2021HANSARDBank of England Act 1998 (Macro-prudential Measures) (Amendment) Order 2021That the Grand Committee do consider the Bank of England Act 1998 (Macro-prudential Measures) (Amendment) Order 2021.08 Jul 2021HANSARDCustoms Safety and Security Procedures (EU Exit) Regulations 2021That the Grand Committee do consider the Customs Safety and Security Procedures (EU Exit) Regulations 2021. Relevant document: 4th Report from the Secondary Legislation Scrutiny…22 Jun 2021HANSARDCustoms Safety and Security Procedures (EU Exit) Regulations 2021My Lords, this statutory instrument is part of the Government’s package to extend the staging in of customs controls in Great Britain. The instrument concerns safety and security…22 Jun 2021