Contributions
793 recent contributions in Hansard
HANSARDWales: Customs SitesMy Lords, we absolutely accept that Warrington and Birmingham will be interim solutions to the challenge of having these facilities much nearer to Holyhead, and we are working at…25 Nov 2020HANSARDWales: Customs SitesMy Lords, if 100% of the Holyhead traffic had to go to Birmingham, it would take up 40% of Birmingham’s capacity. If it had to go 100% to Warrington, it would take up 20% of its…25 Nov 2020HANSARDWales: Customs SitesMy Lords, I want to reassure the noble Lord that we have had extremely collaborative and constructive discussions with the Welsh Administration; indeed, it was only yesterday that…25 Nov 2020HANSARDCustoms Safety, Security and Economic Operators Registration and Identification (Amendment etc.) (EU Exit) Regulations 2020My Lords, I thank the House for this debate. I will seek to address the questions that have been asked. If I do not give enough detail, I ask noble Lords to feel free to write to…19 Nov 2020HANSARDCustoms Safety, Security and Economic Operators Registration and Identification (Amendment etc.) (EU Exit) Regulations 2020That the draft Regulations laid before the House on 21 October be approved. Relevant document: 32nd Report of the Secondary Legislation Scrutiny Committee ( s pecial attention…19 Nov 2020HANSARDCustoms Safety, Security and Economic Operators Registration and Identification (Amendment etc.) (EU Exit) Regulations 2020My Lords, we are here to talk about a statutory instrument that is part of the Government’s package to prepare for the end of the transition period. The instrument relates to…19 Nov 2020HANSARDFuture of Financial ServicesMy Lords, we absolutely acknowledge the role of fintech in the economy. It generated some £11 billion in 2019 and employed more than 76,000 people. The 2020 report has highlighted…11 Nov 2020HANSARDFuture of Financial ServicesTo reassure the noble Baroness, full disclosure will be made on any further progress with equivalence. The new Finance Bill, just starting its progress through both Chambers, will…11 Nov 2020HANSARDFuture of Financial ServicesI take on board my noble friend’s comments. In relation to flood defences, I must declare an interest: my farm runs down to the sea and I have some three miles of coast, which is…11 Nov 2020HANSARDFuture of Financial ServicesMy Lords, I am not involved in the intricacies of the trade discussions between the US and ourselves. There is a very simple principle with any trade agreement: the more you try…11 Nov 2020HANSARDFuture of Financial ServicesMy Lords, we absolutely accept that small businesses are the backbone of the wealth-creating part of our economy. One of the answers I gave earlier was looking at the listing…11 Nov 2020HANSARDFuture of Financial ServicesThe noble Lord asks a lot of questions: I will take the last one first. Of course, getting a deal will make the whole relationship far more constructive. We remain cautiously…11 Nov 2020HANSARDFuture of Financial ServicesI am not able to give specific answers to the noble Baroness, Lady Wheatcroft, on those subjects at the moment. They will, no doubt, be included in the ongoing negotiations. If we…11 Nov 2020HANSARDFuture of Financial ServicesMy Lords, the UKIM Bill is there as a precautionary instrument in the event that we do not achieve a deal at the end of this year, to protect the interests of this country.11 Nov 2020HANSARDFuture of Financial ServicesI thank the noble Baroness for her question. In relation to the equivalence announcement, we are taking on board 17 equivalence rules. In the interests of brevity, I shall not go…11 Nov 2020HANSARDFuture of Financial ServicesMy Lords, we have certainly not abandoned any aspirations of mutual equivalence. As I said earlier, we cannot start from a position of almost perfect equivalence, and it is…11 Nov 2020HANSARDFuture of Financial ServicesI do not accept the noble Lord’s harsh criticisms of the sector. As in any sector, one gets miscreants, but it is important to remind the noble Lord that this industry employs…11 Nov 2020HANSARDFuture of Financial ServicesThe noble Baroness asks important questions. I certainly take on board her desire to try to accelerate the mandatory implementation date. I will feed that back to the Chancellor…11 Nov 2020HANSARDFuture of Financial ServicesI thank the noble Lord, Lord Tunnicliffe, and the noble Baroness, Lady Kramer, for their thoughtful contributions. I will try to answer the questions as fully as I can. Unlike the…11 Nov 2020HANSARDEconomy UpdateMy Lords, the Government are in constant contact with the business community. They absolutely accept that the wealth creation engine of our economy is vital for us to recover from…10 Nov 2020