Critical National Infrastructure: Ownership — Question

Part of the debate – in the House of Lords at 3:07 pm on 22nd July 2013.

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Photo of Lord Bilimoria Lord Bilimoria Crossbench 3:07 pm, 22nd July 2013

My Lords, today the former Governor of the Bank of England has taken his seat, and we welcome him. His successor is a Canadian. How many other countries would have a foreign national as the governor of their national central bank? We do. Do not the Minister and the Government think that we should be proud that we are one of the most open economies in the world, and that that is a great strength to this country? Regardless of that, and on the other hand, how much longer are the Government going to dither and procrastinate about increasing our airport capacity in London?