Contributions
607 recent contributions in Hansard
HANSARDSocial Security (Contributions) (Rates, Limits and Thresholds Amendments and National Insurance Funds Payments) Regulations 2019My Lords, I thank the noble Baronesses, Lady Janke and Lady Sherlock, for their questions on these important orders. I do not dissent at all from the assessment by the noble…11 Feb 2019HANSARDSolvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019My Lords, as this instrument has been grouped, with the leave of the House I will speak also to the draft Financial Conglomerates and Other Financial Groups (Amendment) (EU Exit)…11 Feb 2019HANSARDSocial Security (Contributions) (Rates, Limits and Thresholds Amendments and National Insurance Funds Payments) Regulations 2019That decision was taken through the 2016 Act that I mentioned in my introduction. It was taken then as part of the need to get our public finances into the right order. That was…11 Feb 2019HANSARDFinancial Services Contracts (Transitional and Saving Provision) (EU Exit) Regulations 2019To move that the draft Regulations laid before the House on 15 January be approved.11 Feb 2019HANSARDFinancial Services Contracts (Transitional and Saving Provision) (EU Exit) Regulations 2019I thank noble Lords for their questions. It might be for the ease of the House to know that I have the advantage—I think—of having a flow diagram in front of me. It must be one…11 Feb 2019HANSARDSolvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019To move that the draft Regulations laid before the House on 8 January 2019 be approved.11 Feb 2019HANSARDFinance (No. 3) BillWhat a kind invitation from the noble Lord. I hope not to disappoint. The noble Viscount, Lord Chandos, expressed the hope that we might get a day off from the relentless grind of…07 Feb 2019HANSARDFinance (No. 3) BillMy Lords, I thank the Economic Affairs Finance Bill Sub-Committee for its close consideration of the draft version of the Bill before the House today and its subsequent reports on…07 Feb 2019HANSARDFinance (No. 3) BillThat the Bill be now read a second time.07 Feb 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]I thank the noble Lord, Lord Davies, for his comments. As he has set out, the schedule that we are up against here is pretty demanding. All of us on the Front Benches are in…06 Feb 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]The noble Lord knows, having stood where I stand, that the Motion before the House is that this Bill do now pass. To be frank, most of us on the Front Bench are taking it one Bill…06 Feb 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]If my noble friend Lord Young were so inclined, he would probably want to give me a kick from the side and suggest that I keep moving on. I turn to the point made by the noble…06 Feb 2019HANSARDBrexit: Outstanding CommitmentsI am very happy to agree with that sentiment. We want a deep, ongoing relationship with our European friends; part of that means honouring what we signed up to. This was what we…06 Feb 2019HANSARDBrexit: Outstanding CommitmentsThat position, which was taken by the House of Lords committee, was looked at by the Government, who took a different view, believing that there were obligations. They observed…06 Feb 2019HANSARDBrexit: Outstanding CommitmentsI agree with all of that. We certainly agree with my noble friend Lord Hamilton, who made the good point that part of the £35 billion to £39 billion covers the implementation…06 Feb 2019HANSARDBrexit: Outstanding CommitmentsAll these figures went into the financial settlement; that is how we arrived at those numbers. As regards our future relationship, that is a matter for the future economic…06 Feb 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]That the Bill do now pass.06 Feb 2019HANSARDBrexit: Outstanding CommitmentsIn that sense, that is correct. The range of the figure in the financial settlement is between £35 billion and £39 billion. The OBR has put it at the top end of that range. When…06 Feb 2019HANSARDBrexit: Outstanding CommitmentsThe noble Baroness is right. We need to remember that our net contribution, because of the way it is calculated, is made up not just of what the UK sends to the European…06 Feb 2019HANSARDBrexit: Outstanding CommitmentsThe position on the financial settlement was that it went alongside the withdrawal agreement. It is, if you like, looking at our obligations to the EU as a result of our…06 Feb 2019