Contributions
1,533 recent contributions in Hansard
HANSARDWorld Economic Outlook: UK Growth and InflationYes, and we are doing most of that, but the noble Baroness is opposing most of it. She said that we need to pursue a growth path. She will know that one of the most important…22 Apr 2026HANSARDWorld Economic Outlook: UK Growth and InflationMy Lords, we did not start this war, but it affects us. The IMF’s updated forecasts build on its judgment that the UK is more exposed to energy price shocks than our…22 Apr 2026HANSARDWorld Economic Outlook: UK Growth and InflationThe noble Lord pointed to some forecasts that are being made, but he then drew the wrong conclusion. I point him to the conflict going on in Iran: that is not a war that we…22 Apr 2026HANSARDWorld Economic Outlook: UK Growth and InflationClearly, we need a welfare system that works. No one believes that the system that we inherited is working. It abandoned too many people to a life on benefits, wrote off too many…22 Apr 2026HANSARDWorld Economic Outlook: UK Growth and InflationThe noble Baroness is absolutely right to point to the need for economic resilience. As she knows, we must do more on economic security so that the UK does not continue to be more…22 Apr 2026HANSARDWorld Economic Outlook: UK Growth and InflationI am very happy to agree with the noble Lord on the first part of his question: as I have said already, GDP per capita at the time of the spring forecast was forecast to rise by…22 Apr 2026HANSARDWorld Economic Outlook: UK Growth and InflationI absolutely confirm to the noble Lord all three of those points. As he knows, the price cap is giving households certainty on their bills until July, ahead of the winter months.…22 Apr 2026HANSARDWorld Economic Outlook: UK Growth and InflationMy noble friend is absolutely right. The economy, at the time of the spring forecast, showed that we are well placed going into this conflict. Inflation was at 3% and is set to…22 Apr 2026HANSARDCredit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026That the draft Regulations laid before the House on 4 March be approved. Considered in Grand Committee on 15 April.20 Apr 2026HANSARDCredit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026My Lords, I ask that the Committee considers two statutory instruments made under the Financial Services and Markets Act 2023: first, the Credit Institutions and Investment Firms…15 Apr 2026HANSARDCredit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026My Lords, I am grateful to both noble Baronesses for their extensive questions on these relatively modest SIs. I have some answers to the questions posed by the noble Baronesses.…15 Apr 2026HANSARDCapital Requirements Regulation (Market Risk Transitional Provision) Regulations 2026That the Grand Committee do consider the Capital Requirements Regulation (Market Risk Transitional Provision) Regulations 2026.15 Apr 2026HANSARDCredit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026That the Grand Committee do consider the Credit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026.15 Apr 2026HANSARDMiddle East: Economic UpdateI am grateful to the noble Viscount, who clearly has a great deal of expertise in this matter. I agree with everything he said, certainly in the first part of his question. SMRs…26 Mar 2026HANSARDMiddle East: Economic UpdateI am grateful to the noble Baronesses, Lady Neville-Rolfe and Lady Kramer, for their comments and their questions. As it is the last day before Recess, I wish both noble…26 Mar 2026HANSARDHBOS: Fraud InvestigationThe Government share the frustration at how long processes relating to this issue are taking to conclude. In 2017, Lloyds Banking Group independently launched the Dobbs review to…26 Mar 2026HANSARDMiddle East: Economic UpdateI am pleased to say that this is a Statement about the economic situation, and I do not think anyone would ever put me in charge of diplomacy. I am not going to stray into matters…26 Mar 2026HANSARDMiddle East: Economic UpdateI am grateful to the noble Lord for his question. I know he has a great deal of expertise in the specific sectors that he mentioned. Of course, the Treasury and the Department for…26 Mar 2026HANSARDMiddle East: Economic UpdateI am grateful to my noble friend for bringing this to the House’s attention. I absolutely agree with what he said and am happy to confirm the figure that he set out. As he knows…26 Mar 2026HANSARDMiddle East: Economic UpdateI am grateful to the right reverend Prelate for his question and I agree with him and the noble Baroness, Lady Kramer, on the importance of small businesses to our economy. As the…26 Mar 2026