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What an excellent speech by the noble Lord, Lord St John of Bletso, the 22nd Baron St John of Bletso—a title that has existed for 460 years. I declare my interest: in the nearly 20 years that I have been privileged to be a Member here, my noble friend Lord...
What an excellent speech by the noble Lord, Lord St John of Bletso, the 22nd Baron St John of Bletso—a title that has existed for 460 years. I declare my interest: in the nearly 20 years that I have been privileged to be a Member here, my noble friend Lord...
The Statement on 3 March focused primarily on presenting the latest OBR forecasts, rather than announcing new policy measures. It forecast growth of about 1.1%, which is very low. It forecast inflation to fall from 3.4% to 2.3% this year. It forecast unemployment to rise to 5.3%, and net migration—which...
The Statement on 3 March focused primarily on presenting the latest OBR forecasts, rather than announcing new policy measures. It forecast growth of about 1.1%, which is very low. It forecast inflation to fall from 3.4% to 2.3% this year. It forecast unemployment to rise to 5.3%, and net migration—which...
My Lords, I received a wonderful birthday present on 26 November: the Budget, with taxes going up by £26.6 billion on top of the £40 billion that we had last year, leading to 38% of GDP, the highest level that we have known. The UK economy growth rate has averaged...
My Lords, I received a wonderful birthday present on 26 November: the Budget, with taxes going up by £26.6 billion on top of the £40 billion that we had last year, leading to 38% of GDP, the highest level that we have known. The UK economy growth rate has averaged...
My Lords, the Government have spoken about growth as their priority from day one and, to be fair, they are doing a few good things. They have carried on the Help to Grow: Management programme, which was started by the previous Government. Some 10,000 businesses have already gone through the...
My Lords, the Government have spoken about growth as their priority from day one and, to be fair, they are doing a few good things. They have carried on the Help to Grow: Management programme, which was started by the previous Government. Some 10,000 businesses have already gone through the...
My Lords, for over a quarter of a century, as founder of Cobra Beer, I produced beer in the UK with British-grown barley. I am proud of the high quality of our agriculture sector’s produce, leading to Cobra Beer winning 150 gold medals. Agriculture makes up just 0.6% of the...
My Lords, for over a quarter of a century, as founder of Cobra Beer, I produced beer in the UK with British-grown barley. I am proud of the high quality of our agriculture sector’s produce, leading to Cobra Beer winning 150 gold medals. Agriculture makes up just 0.6% of the...
Before the Minister sits down, I asked several questions and raised many points—not one has been answered. I would be grateful if she put a Written Answer in the Library.
Before the Minister sits down, I asked several questions and raised many points—not one has been answered. I would be grateful if she put a Written Answer in the Library.
My Lords, the Government’s Budget proposals talk about addressing the £22 billion fiscal gap, but, as a result, they are undermining the viability of our family-run farms, disrupting food security and having a long-lasting effect on our rural communities. I refer to the reform of agricultural property relief, or APR,...
My Lords, the Government’s Budget proposals talk about addressing the £22 billion fiscal gap, but, as a result, they are undermining the viability of our family-run farms, disrupting food security and having a long-lasting effect on our rural communities. I refer to the reform of agricultural property relief, or APR,...
My Lords, the Government, the Chancellor and the Prime Minister keep talking about growth, but to do that the private sector has to be supported to grow. It is the private sector that creates the jobs that pay for the taxes that pay for the public services—no growth means no...
My Lords, the Government, the Chancellor and the Prime Minister keep talking about growth, but to do that the private sector has to be supported to grow. It is the private sector that creates the jobs that pay for the taxes that pay for the public services—no growth means no...
My Lords, the Government, the Chancellor and the Prime Minister keep talking about growth. The investment summit at the Guildhall had a huge sign saying “Growth”. But, to do that, the private sector has to be supported to grow. It is private sector growth that creates the jobs that pay...
My Lords, the Government, the Chancellor and the Prime Minister keep talking about growth. The investment summit at the Guildhall had a huge sign saying “Growth”. But, to do that, the private sector has to be supported to grow. It is private sector growth that creates the jobs that pay...
My Lords, this country, along with many others, has gone through hell for the past three years. There was the pandemic, followed by the sad war in Ukraine, which continues. Business and citizens have gone through hell. During the pandemic, when we thought we would bounce back and have a...
My Lords, this country, along with many others, has gone through hell for the past three years. There was the pandemic, followed by the sad war in Ukraine, which continues. Business and citizens have gone through hell. During the pandemic, when we thought we would bounce back and have a...
My Lords, the Chancellor said the Autumn Statement on 17 November 2022 will lead to a shallower recession and higher long-term growth. He promised
“stability, growth and public services”,
£55 billion of increased taxes and spending cuts. Yet during the pandemic we spent £400 billion to save the economy, debt to GDP...
My Lords, the Chancellor said the Autumn Statement on 17 November 2022 will lead to a shallower recession and higher long-term growth. He promised
“stability, growth and public services”,
£55 billion of increased taxes and spending cuts. Yet during the pandemic we spent £400 billion to save the economy, debt to GDP...
My Lords, as the chancellor of the University of Birmingham, I had the privilege to know the right reverend Prelate, David Urquhart, the ninth Bishop of Birmingham. In 2006, when he took office—taking over, of course, from John Sentamu, who went on to become Archbishop of York and now sits...
My Lords, as the chancellor of the University of Birmingham, I had the privilege to know the right reverend Prelate, David Urquhart, the ninth Bishop of Birmingham. In 2006, when he took office—taking over, of course, from John Sentamu, who went on to become Archbishop of York and now sits...
I thank the noble Baroness for giving way and appreciate her efforts to answer many of the questions I raised in my speech. I would be grateful if I could have a written response to the ones she was not able to answer. In particular, I specifically asked about the...
I thank the noble Baroness for giving way and appreciate her efforts to answer many of the questions I raised in my speech. I would be grateful if I could have a written response to the ones she was not able to answer. In particular, I specifically asked about the...
My Lords, in May last year, I chaired the B7 before the G7 in my role as president of the CBI. One of our speakers was Gita Gopinath, chief economist of the IMF. She said that an economy like the UK would have a V-shaped recovery because of our £400...
My Lords, in May last year, I chaired the B7 before the G7 in my role as president of the CBI. One of our speakers was Gita Gopinath, chief economist of the IMF. She said that an economy like the UK would have a V-shaped recovery because of our £400...
My Lords, on 7 September, as president of the CBI, I spoke of the Government’s plan for social care reform and funding and said:
“There is genuine consensus in the country that social care reforms and greater investment are long overdue.
Businesses accept difficult choices need to be made, but are already...
My Lords, on 7 September, as president of the CBI, I spoke of the Government’s plan for social care reform and funding and said:
“There is genuine consensus in the country that social care reforms and greater investment are long overdue.
Businesses accept difficult choices need to be made, but are already...
Before our UK Budget of 3 March, in February, I attended a virtual meeting with the senior civil servant in India in charge of the budget there, along with the director-general of the Confederation of Indian Industry, the sister organisation of the CBI, of which I am president. They both...
Before our UK Budget of 3 March, in February, I attended a virtual meeting with the senior civil servant in India in charge of the budget there, along with the director-general of the Confederation of Indian Industry, the sister organisation of the CBI, of which I am president. They both...
My Lords, the world’s most defining crises come out of the blue, unpredicted, and when they happen their outcomes are also uncertain. This global pandemic came out of the blue last year. It has been a supply shock, a demand shock, a health crisis and an economic crisis, with a...
My Lords, the world’s most defining crises come out of the blue, unpredicted, and when they happen their outcomes are also uncertain. This global pandemic came out of the blue last year. It has been a supply shock, a demand shock, a health crisis and an economic crisis, with a...
Today, not only do all businesses, of all sizes, have access to these tests but every citizen of the country can get them free, so people can test themselves regularly. It has been shown that testing two or three times a week picks up asymptomatic infectious cases. The cost benefit...
Today, not only do all businesses, of all sizes, have access to these tests but every citizen of the country can get them free, so people can test themselves regularly. It has been shown that testing two or three times a week picks up asymptomatic infectious cases. The cost benefit...
My Lords, we look forward to the Ron Kalifa report on fintech. The trade credit insurance guarantees making a real difference. Would the Government agree it should be extended until June 2021? Will the Government consider instituting a new 3i-type funding to help provide equity finance for funding, recovery and...
My Lords, we look forward to the Ron Kalifa report on fintech. The trade credit insurance guarantees making a real difference. Would the Government agree it should be extended until June 2021? Will the Government consider instituting a new 3i-type funding to help provide equity finance for funding, recovery and...
I am so sorry to interrupt the Minister as he is winding up after 23 minutes. He has addressed so many issues. Right up front he said, “And I will address Brexit”. Many Members have mentioned Brexit. It is the elephant in the room that overshadows the whole of the...
I am so sorry to interrupt the Minister as he is winding up after 23 minutes. He has addressed so many issues. Right up front he said, “And I will address Brexit”. Many Members have mentioned Brexit. It is the elephant in the room that overshadows the whole of the...