Committee (2nd Day)

Part of European Union Referendum Bill – in the House of Lords at 6:30 pm on 2nd November 2015.

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Photo of Lord Forsyth of Drumlean Lord Forsyth of Drumlean Conservative 6:30 pm, 2nd November 2015

I do not take the noble Lord’s comments at all seriously. We are talking here about a guarantee of £75,000, which has nothing to do with people who are depositing millions of dollars around the world. Where I think he is right is that I can see the case for having a guarantee in a single currency zone. My point is that we are not in the euro, yet we are being told what to do with sterling.