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My Lords, part of the role of the Science Minister is to champion the scientific community within government and to protect it from political interference. What action are the Government taking to repair the damage caused by the Secretary of State’s highly regrettable actions and the libel case that followed?
My Lords, part of the role of the Science Minister is to champion the scientific community within government and to protect it from political interference. What action are the Government taking to repair the damage caused by the Secretary of State’s highly regrettable actions and the libel case that followed?
I do not see it that way. The Secretary of State gave evidence this morning to the Lords Science and Technology Committee. There was a brief discussion of this matter. They then moved on to discuss important points about science, which she and this Government are extremely supportive of and have done so much to make sure that the UK is one of the leaders in the world in science and technology matters.
My Lords, UK citizens willingly volunteer to allow excellent initiatives such as UK Biobank, Genomics England and Our Future Health to generate databases of health data that are excellent for cancer research. These databases are a sovereign UK asset funded by taxpayers, yet we allow the IP to leak abroad without any meaningful contribution to Treasury coffers. When will the Government implement an effective commercialisation policy to ensure that this leakage of wealth is stopped and directed to help fund cancer research?
My Lords, UK citizens willingly volunteer to allow excellent initiatives such as UK Biobank, Genomics England and Our Future Health to generate databases of health data that are excellent for cancer research. These databases are a sovereign UK asset funded by taxpayers, yet we allow the IP to leak abroad without any meaningful contribution to Treasury coffers. When will the Government implement an effective commercialisation policy to ensure that this leakage of wealth is stopped and directed to help fund cancer research?
I cannot comment directly on leakage of either information or wealth. I noted with great interest the latest report of the Tony Blair Institute that was publicised over the weekend, which argued that we should put our healthcare data on a commercial setting for this purpose. I am not familiar with any individual allegation of leakage or undue movement of data out of the country, but I am willing to look into it and take it up with ministerial colleagues.
My Lords, I direct the House to my entry in the register of interests. Investment funds have flowed out of listed UK equities for the past 30 consecutive months. When is this going to stop?
My Lords, I direct the House to my entry in the register of interests. Investment funds have flowed out of listed UK equities for the past 30 consecutive months. When is this going to stop?
The Chancellor and indeed the Government have put forward a number of reforms to ensure that we make the UK the best place not only to raise capital but to invest pensions in future. As I am sure the noble Lord has seen, we have been delivering on the recommendations of the noble Lord, Lord Hill, for overhauling the UK’s prospectus regime, we have been looking at the recommendations of Rachel Kent’s investment research review and we have been developing a new type of trading venue that will act as a bridge between private and public markets. We can be innovative, but this is a process of evolution not revolution.
Lord Drayson took the oath.
Lord Drayson took the oath.
Lords debate on motion to take note of matters relating to Her Majesty's Armed Forces and of future defence policy.
Lords debate on motion to take note of matters relating to Her Majesty's Armed Forces and of future defence policy.
Lords statement on the Defence Acquisition Independent Review.
Lords statement on the Defence Acquisition Independent Review.
Draft Hallmarking Act 1973 (Application to Palladium) Order 2009. Draft Legislative Reform (Limited Partnerships) Order 2009. Lords motions to approve. Agreed to on question (formal).
Draft Hallmarking Act 1973 (Application to Palladium) Order 2009. Draft Legislative Reform (Limited Partnerships) Order 2009. Lords motions to approve. Agreed to on question (formal).
Draft Legislative Reform (Limited Partnerships) Order 2009. Lords debate on a motion to consider. Agreed to on question. Grand Committee held in the Moses Room.
Draft Legislative Reform (Limited Partnerships) Order 2009. Lords debate on a motion to consider. Agreed to on question. Grand Committee held in the Moses Room.
Draft Hallmarking Act 1973 (Application to Palladium) Order 2009. Lords debate on a motion to consider. Agreed to on question. Grand Committee held in the Moses Room.
Draft Hallmarking Act 1973 (Application to Palladium) Order 2009. Lords debate on a motion to consider. Agreed to on question. Grand Committee held in the Moses Room.
Lords statement on the spending review and aircraft carriers.
Lords statement on the spending review and aircraft carriers.
Draft SI on Armed Forces (Service Police Amendments). Lords debate on a motion to approve. Agreed to on question. Debated with draft SIs on Armed Forces Army Air Force and Naval Discipline Acts (Continuation), and Armed Forces (Alignment of Service Discipline Acts).
Draft SI on Armed Forces (Service Police Amendments). Lords debate on a motion to approve. Agreed to on question. Debated with draft SIs on Armed Forces Army Air Force and Naval Discipline Acts (Continuation), and Armed Forces (Alignment of Service Discipline Acts).
Draft SI on Armed Forces (Alignment of Service Discipline Acts). Lords debate on a motion to approve. Agreed to on question. Debated with draft SIs on Armed forces Army Airforce and Naval Discipline Acts (Continuation), and Armed Forces (Service Police Amendments).
Draft SI on Armed Forces (Alignment of Service Discipline Acts). Lords debate on a motion to approve. Agreed to on question. Debated with draft SIs on Armed forces Army Airforce and Naval Discipline Acts (Continuation), and Armed Forces (Service Police Amendments).
Draft SI on Armed Forces, Army, Air Force and Naval Discipline Acts (Continuation). Lords debate on a motion to approve. Agreed to on question. Debated with draft SIs on Armed Forces (Alignment of Service Discipline Acts), and Armed Forces (Service Police Amendments).
Draft SI on Armed Forces, Army, Air Force and Naval Discipline Acts (Continuation). Lords debate on a motion to approve. Agreed to on question. Debated with draft SIs on Armed Forces (Alignment of Service Discipline Acts), and Armed Forces (Service Police Amendments).
Lords statement on the 15 naval personnel detained by Iran on 23 March 2007.
Lords statement on the 15 naval personnel detained by Iran on 23 March 2007.
Lords statement on Iraq.
Lords statement on Iraq.
Lords statement on the UK military commitment in Bosnia-Herzegovina.
Lords statement on the UK military commitment in Bosnia-Herzegovina.
Lords statement on force levels in Afghanistan.
Lords statement on force levels in Afghanistan.
Lords debate on motion to take note of the White Paper The Future of the United Kingdom's Nuclear Deterrent (Cm 6994). Agreed to on question.
Lords debate on motion to take note of the White Paper The Future of the United Kingdom's Nuclear Deterrent (Cm 6994). Agreed to on question.
Lords statement on the NATO Summit in Riga.
Lords statement on the NATO Summit in Riga.
Lords debate on Queen's speech (third day) on foreign affairs, defence and international development.
Lords debate on Queen's speech (third day) on foreign affairs, defence and international development.