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Budget Statement — Motion to Take Note (25 Mar 2015)

Lord Davies of Oldham: ...by Lord Attenborough was a brilliant speech, reprinted in the programme. On either side of it were sayings from Mahatma Gandhi and a Shakespeare sonnet. As far as I was concerned, the service was a work of art in itself on paper before we actually heard the words being read. It was a great occasion. I would also like to comment on my noble friend Lord Graham. He and I won adjoining seats...

Budget Statement — Motion to Take Note (25 Mar 2015)

Lord Flight: ..., without more saving, there will be a big problem down the line. The second is the economic and strategic impact, to which the noble Lord, Lord Hunt, drew attention. Whereas we were a major creditor nation, owning a lot more around the world than the world owned of us, 25 years of current account deficits totalling some £700 billion on a cumulative basis have been financed by selling off...

Budget Statement — Motion to Take Note (25 Mar 2015)

Baroness Valentine: ...first to the north/south divide. I am delighted that early on in his speech, the Chancellor recognised that we do not pull the rest of the country up by pulling London down. In the years since the credit crisis, while London has continued to play to its strengths as a global hub—currently we have more large foreign subsidiaries than any other city in the world—the rest of the country...


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