Contributions
1,533 recent contributions in Hansard
HANSARDPublic Spending: InheritanceI am grateful to the noble Baroness for her kind words. She is extremely expert in these matters, and I have the greatest respect for her, but I think that her analysis is not…30 Jul 2024HANSARDPublic Spending: InheritanceI am grateful to my noble friend for his question. Yesterday’s letter from the chair of the Office for Budget Responsibility shows his views on these important overspends being…30 Jul 2024HANSARDPublic Spending: InheritanceI am extremely grateful to my noble friend for his kind words. He is quite right: not only are the previous Government guilty of what we are discussing today, of running up an…30 Jul 2024HANSARDPublic Spending: InheritanceI am grateful to the noble Baroness for her question. Of course, at the end of the day, civil servants advise and Ministers decide. We have full confidence in the Treasury and all…30 Jul 2024HANSARDPublic Spending: InheritanceI am grateful to the noble Earl for his question. He is absolutely right that the origins of many of the shocks that the British economy experienced were global; however, the UK…30 Jul 2024HANSARDPublic Spending: InheritanceI am very grateful to my noble friend for his kind words. Of course, as always, he is absolutely correct: the previous Government had exhausted the reserve. They had spent it more…30 Jul 2024HANSARDPublic Spending: InheritanceAs my noble friend perhaps did not acknowledge, this is not an easy decision and I understand why there is disappointment about it, but it is the right decision in the…30 Jul 2024HANSARDPublic Spending: InheritanceI am grateful to the noble Earl for that question. He is absolutely right: productivity must be increased because growth is a central mission of this Government, and we will not…30 Jul 2024HANSARDPublic Spending: InheritanceI am grateful to the noble and right reverend Lord for his question. As was set out yesterday, we will conduct a complete review of the new hospital building programme, with a…30 Jul 2024HANSARDPublic Spending: InheritanceI am grateful to my noble friend for drawing the House’s attention to yesterday’s remarks from the IFS. It is clear that it is as shocked at the rest of us at the scale of this…30 Jul 2024HANSARDBank Resolution (Recapitalisation) Bill [HL]I did endeavour to answer quite a lot of the noble Lord’s questions. On that one, I will write to him.30 Jul 2024HANSARDBank Resolution (Recapitalisation) Bill [HL]That the Bill be now read a second time.30 Jul 2024HANSARDBank Resolution (Recapitalisation) Bill [HL]My Lords, I am sure that all noble Lords will be pleased to see the noble Baroness, Lady Penn, in her place today. I enjoyed working with her on the passage of the Financial…30 Jul 2024HANSARDBank Resolution (Recapitalisation) Bill [HL]I thank all noble Lords for their contributions to this debate. As noted in my opening speech, this is intended to be a targeted and proportionate enhancement to the resolution…30 Jul 2024HANSARDPublic Spending: InheritanceMy Lords, I am grateful to the noble Baronesses, Lady Penn and Lady Kramer, for their comments and questions. I thank the noble Baroness, Lady Penn, for her kind words and I…30 Jul 2024HANSARDPublic Spending: InheritanceI am grateful to the noble Lord for his support for the announcements on the hospital building programme yesterday. As he knows, those plans were completely unfunded, behind…30 Jul 2024HANSARDSupply and Appropriation (Main Estimates) BillThat the Bill be now read a second time.29 Jul 2024HANSARDEuropean Investment BankI thank my noble friend for his question. I did not address his question in the debate, because I hoped he knew that I would agree with him, which I do. As part of the pensions…24 Jul 2024HANSARDEuropean Investment BankMy Lords, the Government have set out plans to significantly increase investment in the UK economy, including through a new national wealth fund and far-reaching reforms to the…24 Jul 2024HANSARDEuropean Investment BankI agree with the substantive points that the noble Lord is making. We need to reset our relationship with the European Union. The Government are committed to doing this in order…24 Jul 2024