My Lords, I regret that I was unable to attend the latter part of the Committee stage, when what is now Clause 235 was debated. I congratulate those who stayed to the bitter end at gone two o’clock in the morning on their stamina. Had I been present, I would...

My Lords, I regret that I was unable to attend the latter part of the Committee stage, when what is now Clause 235 was debated. I congratulate those who stayed to the bitter end at gone two o’clock in the morning on their stamina. Had I been present, I would...

My Lords, the noble Baroness, Lady Noakes, has justified this amendment, the primary purpose being to ensure proper parliamentary accountability of the way the powers provided in this Bill are exercised. It also provides, as she has said, a pragmatic solution to the issue of whether market intervention should be...

My Lords, the noble Baroness, Lady Noakes, has justified this amendment, the primary purpose being to ensure proper parliamentary accountability of the way the powers provided in this Bill are exercised. It also provides, as she has said, a pragmatic solution to the issue of whether market intervention should be...

My Lords, there is a general principle about which I am unclear. We seem to be in a position where the amount of expenditure will be disclosed but the recipient will not. We have to ask ourselves whether that should always be the case. If a bank in trouble is...

My Lords, there is a general principle about which I am unclear. We seem to be in a position where the amount of expenditure will be disclosed but the recipient will not. We have to ask ourselves whether that should always be the case. If a bank in trouble is...

My Lords, the other issue that I would have raised on what was Clause 228, now Clause 235, was whether creating a Financial Stability Committee within the Bank, along the lines currently proposed, was the best way forward. I accept that the starting premise of this is correct: the Bank...

My Lords, the other issue that I would have raised on what was Clause 228, now Clause 235, was whether creating a Financial Stability Committee within the Bank, along the lines currently proposed, was the best way forward. I accept that the starting premise of this is correct: the Bank...

We are having a semantic debate about ““temporary””, but it seems to be based on an assumption that there is an entity which is taken into the public sector, and that there is an entity which is ultimately returned to the private sector. That may not be the case at...

We are having a semantic debate about ““temporary””, but it seems to be based on an assumption that there is an entity which is taken into the public sector, and that there is an entity which is ultimately returned to the private sector. That may not be the case at...