Contributions
793 recent contributions in Hansard
HANSARDCritical Benchmarks (References and Administrators’ Liability) Bill [HL]I would be happy to do that. I am pleased to see the noble Lord, Lord Tunnicliffe, back here without Covid; we were worried that he might have had it. I will certainly do that.13 Oct 2021HANSARDCritical Benchmarks (References and Administrators’ Liability) Bill [HL]My Lords, through this Bill, the Government are supporting the transition away from Libor by providing further legal certainty for contracts that rely on Libor past the end of…13 Oct 2021HANSARDCritical Benchmarks (References and Administrators’ Liability) Bill [HL]That the Bill be now read a second time.13 Oct 2021HANSARDCritical Benchmarks (References and Administrators’ Liability) Bill [HL]My Lords, I thank noble Lords for their detailed and collaborative contributions on this very technical Bill. I would particularly like to welcome and thank my noble friend Lord…13 Oct 2021HANSARDNet-zero Emissions TargetMy Lords, I cannot speak to the detail of the Budget in a few weeks’ time, but we have a strong message, which we have been consistent with over the last few years. We have made…11 Oct 2021HANSARDNet-zero Emissions TargetMy Lords, I respectfully disagree with the noble Lord’s view of the Treasury’s position. I mentioned the emissions trading scheme that was announced earlier this year. We have…11 Oct 2021HANSARDHealth and Social Care Levy BillI cannot give the noble Baroness a clear answer on that now. More detail will be available in the Budget and the spending review. If it does not transpire in those documents in…11 Oct 2021HANSARDNet-zero Emissions TargetMy Lords, ultimately, that has to be the direction of travel for us, but we cannot get there overnight. To implement that sort of stringent regime now would dramatically increase…11 Oct 2021HANSARDNet-zero Emissions TargetI am sure the noble Baroness will know that the current squeeze on gas prices has nothing to do with the quantity of gas available; it is a geopolitical move by Russia to put…11 Oct 2021HANSARDNet-zero Emissions TargetMy Lords, I repeat that we are moving very fast to decarbonising; we are one of the fastest in the G20, and indeed in the G7. If we push the envelope too hard, we will just see a…11 Oct 2021HANSARDHealth and Social Care Levy BillI take on board the noble Lord’s points, but the reality is that the highest-paid in this country are paying the largest contribution to this tax and indeed PAYE itself. I accept…11 Oct 2021HANSARDHealth and Social Care Levy BillMy Lords, it is a pleasure to open this Second Reading debate on the Health and Social Care Levy Bill. This is a short but very important Bill that aims to legislate the plan…11 Oct 2021HANSARDHealth and Social Care Levy BillI respectfully disagree with the noble Baroness on that. Your Lordships are having a much more detailed debate on health reform very shortly, so I am sure that will be teased out…11 Oct 2021HANSARDNet-zero Emissions TargetMy Lords, it is important to point out that we need to transition to a net-zero economy in an orderly way and that we cannot immediately switch on a full net-zero energy system.…11 Oct 2021HANSARDNet-zero Emissions TargetMy Lords, the Prime Minister’s 10-point plan demonstrates our commitment to net zero. It sets out £12 billion of new government investment in green industries. We have set up the…11 Oct 2021HANSARDNet-zero Emissions TargetMy Lords, the market is playing its role. As the cost of solar panels declines, it becomes increasingly attractive for householders to implement those sorts of strategies. The…11 Oct 2021HANSARDHealth and Social Care Levy BillThat the Bill be now read a second time.11 Oct 2021HANSARDNet-zero Emissions TargetMy Lords, as I mentioned in an earlier answer, we need to do this transition in an orderly way. We need to ensure that our net-zero energy generation is sustainable. We are moving…11 Oct 2021HANSARDNet-zero Emissions TargetMy Lords, there are currently no restrictions to water companies raising funds to make investments in reaching net zero, and water companies are able to submit plans for such…11 Oct 2021HANSARDHealth and Social Care Levy BillMy Lords, more detail will be set out in the Budget and spending review in the next two or three weeks to address the noble Lord’s question. The noble Lord, Lord Hunt, my noble…11 Oct 2021