I do not wish to quote the Prime Minister to embarrass her, but to remind colleagues in the House that the Prime Minister has, perhaps belatedly, recognised that there is a need to reach across and hear the views of others to facilitate a consensus in what most of us would agree is a moment of crisis. That is not a word I use frequently, but we are in the eye of the storm and I would like...
My Lords, the Minister said that this was an unprecedented and most regrettable story, but it is not unprecedented for Greybull, the owner of Monarch, to have seen a company fail. In the past, companies have failed with damage to creditors, customers and employees, but with much less damage to Greybull because it has taken secured credit on receivables and fixed assets. It has put itself in...
My Lords, I, too, congratulate the noble Lord, Lord Alton, on securing this debate. I will visit the Democratic People’s Republic of Korea again in early September and will continue to use these opportunities to engage with that country and seek improvement. To understand the DPRK, we need to look at its history over the last 100 years. It is a country that has suffered sequential and...
My Lords, I did not go to university. Some 52 years ago I applied to be an undergraduate at the London School of Economics and was rejected. Fifty years later, it appointed me chairman of its Court of Governors. Clearly, one of those decisions was wrong. I am also chancellor of the University of Exeter. I should like to add to the good words that have already been expressed about the...
With all due respect, I did not say that they were a matter for the Government; I was pointing out that we should not believe that everything is quite as rosy as is occasionally suggested when describing the excellence of our universities. Like, no doubt, the noble Lord, Lord Forsyth, I commit to the fact that we should never be content and that we should always work to improve. I am simply...
My Lords—
My Lords, we all try to understand why the Government wish to keep a close hand on their negotiating objectives with Europe—we must remain very hush-hush about this in case Johnny Foreigner understands what we are up to—but would the Minister like to hazard a guess on the negotiating objectives of the 27 countries, the European Commission and the European Parliament? Surely that is not a...
My Lords, I am pleased that my noble friend has taken the stance she has. She speaks of the constituency who feel that they have been treated unfairly by the press. I think we all recognise that. However, there is another constituency—those of us who have benefited from the work of a strong, independent, investigative journalistic cadre. I speak as a former chairman of the Guardian...
To ask Her Majesty's Government what plans they have, if any, to abolish the Cornwall and Isles of Scilly Local Enterprise Partnership; if they have such plans, to which body the Partnership's responsibilities would be transferred; and where it would be based.
To ask Her Majesty's Government what quantitative measure or measures they will use to determine the success of their levelling up policies.
To ask Her Majesty's Government whether will release the proposal sent by the Treasury to supply chain financiers to be incorporated in the Covid Corporate Financing Facility fund, as referred to by Rt Hon David Cameron in evidence to the House of Commons Treasury Select Committee on 13 May.
To ask Her Majesty's Government whether they plan to hold an inquiry into (1) the granting of a banking licence to Wyelands Bank, and (2) its subsequent supervision by the Prudential Regulation Authority.
To ask Her Majesty's Government, further to their obligations under the European Commission's State Aid Transparency Award Module, whether they plan to publish details of (1) the identity of borrowers, (2) the amounts advanced, and (3) the date of the advances from Greensill Capital, made under the Coronavirus Business Interruption Loan Scheme; and if not, why not.
To ask Her Majesty's Government, further to the Written Answer by Lord Callanan on 27 April (HL14881), whether they will now answer the question put, namely, how much they have paid or are obliged to pay Greensill Capital in year one interest payments made under the Coronavirus Business Interruption Loan Scheme; what percentage by number and value of such loans extended by Greensill...
To ask Her Majesty's Government, further to the Written Answer by Lord Callanan on 28 April (HL15066), whether they will now answer the question put, namely, how quickly after accreditation Greensill Capital disbursed Coronavirus Business Interruption Loan Scheme funds.
To ask Her Majesty's Government, further to the Written Answer by Lord Callanan on 29 April (HL15063), what assessment they have made of the impact of the publication by the Bank of England of a Written Submission to the House of Commons Treasury Select Committee which refers to its communications with German Financial Regulators in the matter of Greensill Bank and Greensill Capital on the...
