I want also to thank the noble Lord, Lord De Mauley, for initiating this timely debate. I declare my interest in the register as an honorary captain in the Royal Naval Reserve, and perhaps also as a former Lord Mayor; the City, of course, is very close to the reserves and the cadets. London is particularly strongly represented among the reserves. Like the noble Lord, Lord Sterling, I am...
Would the Minister see merit in the implementation period having two elements—first, a bridging period to cover the time between exit and when the agreement is ratified and becomes unconditional, and, secondly, an adaptation period, starting on the expiry of the bridging period? This would enable businesses to be clearer and to adapt to whatever is finally agreed.
My Lords, given my understanding that there is no cost premium for a sovereign green bond, and given the very positive signal that issuance from the UK Government would carry, will the Minister acknowledge the benefits that this would have for pump-priming the market, as with the sovereign sukuk, for encouraging other public sector issuance—for example, municipal green bonds—and...
Entered the House of Lords on 20 July 2015
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