Results 181–200 of 3203 for speaker:Lord Flight

National Minimum Wage — Question (6 Nov 2014)

Lord Flight: My Lords, have the Government looked at the possibility of varying the minimum wage to reflect the cost of living in different parts of the country?

Bank of England — Question (30 Oct 2014)

Lord Flight: My Lords, I agree with the Government’s view about retaining the well tested name, but would the Government also consider retaining in full, or restoring, the Bank of England’s lender of last resort powers, which have served this country’s banking system well for 150 years?

Banks: Bridging Finance — Question (20 Oct 2014)

Lord Flight: My Lords, other than a few of the more enlightened ones, banks are now refusing to provide mortgage loans to anyone over 70. It is very well to say that banks can exercise discretion here, but when they are told by the regulator that that is what the regulator wants, not surprisingly they want to protect themselves, so they say, “Well, we’ll do what we’re told”. If they do otherwise,...

Money Laundering: UK Parliamentarians — Question (14 Oct 2014)

Lord Flight: My Lords, the position of Members of this House and of the Commons is far worse than the Minister suspects. Some 150,000 people are rated as PEPs in this country, covering virtually all Members of this House and the House of Commons, including all spouses and all children. Wearing a hat as a banker I would add that, worst of all, banks are required to look at every transaction in the account...

Euro Area Crisis Update (EUC Report) — Question for Short Debate (23 Jul 2014)

Lord Flight: My Lords, I pay tribute to the noble Lord, Lord Harrison, for chairing our committee and the production of this report, which, given the spread of views on the committee, is very fair and accurate. I think that the noble Lord, Lord Kerr, began to get slightly worried that he found himself agreeing with me on too many issues. The report is, as the noble Lord, Lord Harrison, has suggested,...

Euro Area Crisis Update (EUC Report) — Question for Short Debate (23 Jul 2014)

Lord Flight: No, I shall not give way because I do not have long to speak. The prospect of real political and economic union is for the time being not particularly promising. The big issue is that if you are going to share a currency, you have to have transfer payments. Britain has £70 billion or £80 billion of transfer payments from the prosperous south-east to other parts; in America, some 30% of...

Jobseeker’s Allowance — Question (21 Jul 2014)

Lord Flight: My Lords, the figures on employment are extremely good news but the data on productivity, so far, are not quite such good news. Does the Minister have any views on why productivity has been so slow to increase? Might it have anything to do with Labour’s tax credits subsidising wages?

India — Question (17 Jul 2014)

Lord Flight: My Lords, does the Minister agree that the most important way to reduce poverty in India is to increase its growth rate? It has lagged behind that of China significantly over the past decade for a variety of reasons, whereas China has indeed alleviated poverty dramatically.

Finance Bill — Second Reading (16 Jul 2014)

Lord Flight: My Lords, I first make the rather obvious point that the relative brevity of this important debate and the thinness of the Chamber reflect the lack of power of this House to amend Finance Bills. It strikes me that now that this House is essentially an appointed and not a hereditary House, that is out of date. Much though I pay credit to the noble Lord, Lord MacGregor, and his committee, it is...

Finance: Fiscal Devolution — Question (9 Jul 2014)

Lord Flight: My Lords, will the Government consider allowing our cities to raise their own municipal bond funding, as is the case in the US and as was the case in this country in the greater days of our cities? It has only had to be done through gilts since after the Second World War.

Economy: Manufacturing — Motion to Take Note (3 Jul 2014)

Lord Flight: My Lords, I add my congratulations to my noble friend Lady Wilcox on both her speech and her commitment to manufacturing. I echo her comments about the noble Lord, Lord Bamford, and pay tribute to what he has achieved for the British economy. It is welcome and good that he has joined this House. It is great to see manufacturing now recovering, and I would point to two important things. The...

Education: Citizenship Studies — Question (30 Jun 2014)

Lord Flight: My Lords, do citizenship classes include the proper teaching and understanding of not only how Westminster works but how local government, the United Nations and the EU work? In my time at school that was a part of it.

Living Wage — Question (9 Jun 2014)

Lord Flight: Does the Minister accept that there is an element of chicken and egg in the comments of the noble Lord, Lord Haskel, and that it is actually since the Labour Government brought in tax credits that productivity has been flat, wages have not risen in real terms and the situation has been much the same as in the early nineteenth century when wages were subsidised?

Queen’s Speech — Debate (2nd Day) (5 Jun 2014)

Lord Flight: My Lords, it was healthy to see that the gracious Speech put in big letters up front that the key objective was to get the economy growing. That must surely be in the interests of all people. I cannot help thinking that that is not a bad criterion against which to measure individual policies: are they going to be good or bad for economic growth? Perhaps if President Hollande had done that, he...

Queen’s Speech — Debate (2nd Day) (5 Jun 2014)

Lord Flight: If the noble Lords thinks about it, that is just what he has implied. Effectively, he is saying that if London were not so successful the UK would be more homogeneous and that would be better. I am saying that we should use London’s success to earn the money to help pay for new investment in other parts of the country and the transfer payments that are needed. That is what is actually...

Queen’s Speech — Debate (2nd Day) (5 Jun 2014)

Lord Flight: I thank the noble Lord for giving way. Is not the crucial point that within the United Kingdom there are transfer payments worth at least £70 billion per annum from the more prosperous south and south-east to the less prosperous north, Scotland, Wales and Northern Ireland? The problem in the EU is that Germany is unwilling to make transfer payments to the less prosperous parts that are...

Housing: Discretionary Housing Payment — Question (9 Apr 2014)

Lord Flight: The Minister will be aware that in central London and, in particular, the borough of Westminster—and I declare an interest as my wife is a councillor—there have been cases where very substantial housing benefit amounts have had to be paid particularly to house those categories that the local authority is obliged to house. Is there any system or intent to limit the amount of housing...

NHS: Hospital Medication — Question (9 Apr 2014)

Lord Flight: My Lords, are the Minister and the NHS aware of the new technologies which can deliver patients’ full medical records to a consultant’s iPad on the spot in a hospital? Is the NHS keenly pursuing those new technologies?

Budget Statement — Motion to Take Note (27 Mar 2014)

Lord Flight: My Lords, some insightful and important points have been made in this Budget debate which I hope the Minister will feed through to the Treasury, because I have certainly not seen some of them being made elsewhere. I was extremely pleased to be able to agree with much of what the noble Lord, Lord Desai, had to say, which has not always been the case. It seems that he sees things very much as I...

Personal Statement (17 Mar 2014)

Lord Flight: My Lords, last Wednesday, I asked a supplementary question about the Enterprise Investment Scheme. I realised only afterwards that I should have declare my registered interest as the remunerated chairman of the EIS Association. I should like to take this opportunity to make good that omission and to apologise to the House.

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