Baroness Noakes

Conservative Peer

UK Parliament Profile

🗣️ Speeches and Debates

  • Fiscal Outlook - Motion to Take Note 10 Sep 2026

    My Lords, I congratulate my noble friend Lord Bridges of Headley on securing this debate. The fiscal outlook, as my noble friend set out in his excellent speech, is pretty awful. The upcoming Budget will be particularly difficult. The small headroom left by the previous Chancellor has probably already disappeared. Public expenditure at 44% of GDP is too high, debt at approaching 100% is too...
  • Financial Services and Markets Bill [HL] - Report (2nd Day): Amendment 35 9 Sep 2026

    My Lords, I have Amendments 36, 39 and 42 in this group. I thank my noble friend Lady Neville-Rolfe for adding her name to them. They seek to achieve, through slightly different drafting, what the noble Baroness, Lady Bowles of Berkhamsted, sought with her Amendments 35 and 41. In my view, proportionality is the most important of the regulatory principles, and we try to elevate it above the...
  • Financial Services and Markets Bill [HL] - Report (1st Day) (Continued): Amendment 31 7 Sep 2026

    My Lords, this is the first time I have spoken on Report, so I need to declare my interests as shown in the register, namely, that I hold shares in listed financial services companies, which may well be affected by the content of this Bill. I start by thanking the Government for tabling Amendment 31, which is in fact identical to an amendment that I tabled in Committee. The Minister, the...
  • Financial Services and Markets Bill [HL] - Report (1st Day) (Continued): Amendment 31 7 Sep 2026

    My Lords, this is the first time I have spoken on Report, so I need to declare my interests as shown in the register, namely, that I hold shares in listed financial services companies, which may well be affected by the content of this Bill. I start by thanking the Government for tabling Amendment 31, which is in fact identical to an amendment that I tabled in Committee. The Minister, the...
  • Financial Services and Markets Bill [HL] - Report (1st Day) (Continued): Amendment 31 7 Sep 2026

    My Lords, this is the first time I have spoken on Report, so I need to declare my interests as shown in the register, namely, that I hold shares in listed financial services companies, which may well be affected by the content of this Bill. I start by thanking the Government for tabling Amendment 31, which is in fact identical to an amendment that I tabled in Committee. The Minister, the...
  • Steel Industry (Nationalisation) Bill - Second Reading 16 Jun 2026

    My Lords, when the Government took powers to take control of British Steel’s operations last year, they were clear that they had no intention of nationalising it. Now nationalisation is the name of the game. This pivot has nothing to do with the Government’s failure to reach an agreement with the owners of British Steel; the weakness of the Prime Minister has driven it. In his desperate...
  • Financial Services and Markets Bill [HL] - Second Reading 8 Jun 2026

    My Lords, I declare my interests in that I hold shares in a number of listed financial services companies. It is a pleasure to follow the noble Lord, Lord Eatwell, who is one of the select group of noble Lords who regularly take part in the scrutiny of financial services legislation. I welcome the Minister to our club. There is much in this Bill which is good. I welcome clauses dealing with...
  • King’s Speech - Debate (3rd Day) 18 May 2026

    My Lords, I will focus my brief time on antisemitism. Only around 0.5% of the UK’s population are Jewish. To our very great shame, they are probably the least safe group in our society. Jewish schools and children have to be guarded. Only last week, a group of Jewish children was seen on the London streets guarded by guards in stab vests. Jewish places of worship have extensive security...

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✍️ Written Questions and Answers

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