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My Lords, do the Government accept the enormous help provided to entrepreneurship by the Government’s EIS scheme, which I think has raised some £16 billion of risk capital? It is the envy of Europe. I declare my interest as chairman of the Enterprise Investment Scheme Association.
My Lords, I rise briefly to support the amendments in the name of my noble friend Lord Hunt. We all know what they address and we may have experienced these abuses. The existing law and regulations fail to address them, and it is time that they did so. As has just been pointed out by the noble Earl, this is an appropriate piece of legislation in which to include them. I hope very much that...
Entered the House of Lords on 17 January 2011
Previously MP for Arundel and South Downs until 11 April 2005 — did not stand for re-election
Entered the House of Commons on 1 May 1997 — General election
Party was Conservative until 24 Mar 2005; Independent until 11 Apr 2005
Also represented Arundel and South Downs
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Last updated: 11 Apr 2005.
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