Results 1–20 of 595 for speaker:Lord Bilimoria

Tax Cuts: Fiscal Impact - Question (13 Jul 2022)

Lord Bilimoria: My Lords, do the Government agree that our growth is forecast to be somewhere between 0% and 1% next year and our level of business investment is the lowest in the G7? Should we not be prioritising investment that leads to growth of at least 2% a year? Should we not cut taxes rather than have the highest tax burden in 70 years, which hampers growth and investment, including inward investment?

Australia Free Trade Agreement - Motion to Take Note (11 Jul 2022)

Lord Bilimoria: My Lords, I paid full credit to the Department for International Trade for having rolled over more than 66 EU bilateral free trade agreements in time for the transitional period. As president of the CBI at the time, I was proud to play a role in making that, including the Canada deal, happen. The UK-Australia free trade agreement is the first the UK has negotiated from scratch since leaving...

Coronavirus: New Cases - Private Notice Question (11 Jul 2022)

Lord Bilimoria: My Lords, the Minister mentioned £2 billion being spent in a month on Covid tests, which includes PCR tests as well. What proportion of that £2 billion was spent on lateral flow tests? If necessary, looking down the road to this winter, are the Government prepared with vaccines, free lateral flow tests for businesses and citizens, and the antiviral programme? Are we ready just in case?

CHOGM, G7 and NATO Summits - Statement (4 Jul 2022)

Lord Bilimoria: My Lords, would it be possible to speak? I was a latecomer as well.

CHOGM, G7 and NATO Summits - Statement (4 Jul 2022)

Lord Bilimoria: I was here when the noble Lord, Lord Newby, was speaking.

CHOGM, G7 and NATO Summits - Statement (4 Jul 2022)

Lord Bilimoria: But everyone else who was late was allowed to speak.

CHOGM, G7 and NATO Summits - Statement (4 Jul 2022)

Lord Bilimoria: I did not miss their remarks.

CHOGM, G7 and NATO Summits - Statement (4 Jul 2022)

Lord Bilimoria: I did not miss them; I heard the noble Lord, Lord Newby.

Commonwealth - Motion to Take Note (30 Jun 2022)

Lord Bilimoria: My Lords, the Commonwealth Heads of Government Meeting in 2022 was postponed and postponed, and finally took place in Kigali, Rwanda, from 20 June to 25 June. The Commonwealth is a free association of sovereign states. It is a development of free and democratic societies, a promoter of peace and prosperity to improve the lives of all people in the Commonwealth. There are now 56 countries in...

Small Modular Nuclear Reactors - Question (28 Jun 2022)

Lord Bilimoria: My Lords, building a large nuclear reactor takes well over a decade but, once built, it can power 7% of this country’s electricity. However, I am reliably informed that these small modular nuclear reactors can be put up within four to five years. Why are the Government waiting? These reactors can power a city the size of Sheffield. Why not do it now in order to have cleaner energy and to be...

Inflation - Question (23 May 2022)

Lord Bilimoria: My Lords, in my role as president of the CBI, I remember asking the Chancellor in February 2021 whether he was worried about inflation. Since then, we have had galloping inflation, and businesses and consumers are suffering hugely as the noble Lord, Lord Howarth, said. Are the Government concerned that we are now entering stagflation, and should not they be doing all they can to incentivise...

Catapults (Science and Technology Committee Report) - Motion to Take Note (19 May 2022)

Lord Bilimoria: My Lords, just to refresh the history, the catapults were proposed in a 2010 review called The Current and Future Role of Technology and Innovation Centres in the UK by Dr Hermann Hauser, commissioned by the then Secretary of State for Business. I worked with Dr Hauser at the University of Cambridge, where I chaired the advisory board of its Judge Business School for five years until 2020....

Food Price Inflation - Commons Urgent Question (19 May 2022)

Lord Bilimoria: My Lords, yesterday, the CBI, of which I am president, had Ambassador Vadym Prystaiko at our annual dinner. He spoke movingly and explained that, at the moment, it would take five years to get the grain out of Ukraine using rail and road, unless the ports are unblocked. What can the Government do to lead the way in international efforts to unblock Odessa port so that the grain can get out?...

Queen’s Speech - Debate (4th Day) (16 May 2022)

Lord Bilimoria: My Lords, the gracious Speech in Her Majesty’s Platinum Jubilee year starts with the Government’s priority being to grow and strengthen the economy and help ease the cost of living crisis for families. It talks about supporting the Bank of England to return inflation to its target by establishing an infrastructure bank. I am proud to have worked with the British Business Bank and I pay...

Trade with the European Union - Question (21 Mar 2022)

Lord Bilimoria: My Lords, the Department for International Trade did a fantastic job in rolling over the 66 bilateral trade agreements the EU had with other countries. It is now starting to make them bespoke to our country. Does the Minister agree that, with the TCA with the EU, we have the opportunity to build on the agreement we have now? There is a “but”: when does the Minister think we will resolve...

Beyond Brexit: Policing, Law Enforcement and Security (EUC Report) - Motion to Take Note (11 Mar 2022)

Lord Bilimoria: My Lords, the security of the country always has been and always must be the number one priority of any Government, so I welcome the European Union Committee report, Beyond Brexit: Policing, Law Enforcement and Security. Clearly, the trade and co-operation agreement that we negotiated with the European Union is very basic. It is almost the extreme opposite of the recently concluded Australia...

Finance (No. 2) Bill - Second Reading (and remaining stages) (Continued) (22 Feb 2022)

Lord Bilimoria: I thank the noble Baroness for giving way and appreciate her efforts to answer many of the questions I raised in my speech. I would be grateful if I could have a written response to the ones she was not able to answer. In particular, I specifically asked about the £2 billion that the Government say they spent on testing in January. They are withdrawing lateral flow testing from 1 April,...

Finance (No. 2) Bill - Second Reading (and remaining stages) (22 Feb 2022)

Lord Bilimoria: My Lords, in May last year, I chaired the B7 before the G7 in my role as president of the CBI. One of our speakers was Gita Gopinath, chief economist of the IMF. She said that an economy like the UK would have a V-shaped recovery because of our £400 billion of spend to save businesses, jobs and the economy—which is one of the highest in the world per capita, and for which businesses are...

Living with Covid-19 - Statement (22 Feb 2022)

Lord Bilimoria: My Lords, last summer and winter the CBI, of which I am president, said that there must be a three-pronged attack. The first prong was vaccines, and hats off to the Government for an excellent vaccine programme. The second was providing free lateral flow devices to businesses and citizens, and the Government have been the best in the world at doing this so far; no other country has done it...

Windfall Tax: Oil, Gas and Energy Companies - Question (22 Feb 2022)

Lord Bilimoria: My Lords, like the noble Lord, Lord Naseby, and as president of the CBI, we feel that a windfall tax is not efficient, as it puts investments at risk for companies that are key to our transition to net zero. Does the Government agree? Secondly, do they agree that this is absolutely the wrong time for our tax burden to be at its highest level for 70 years? Businesses have suffered so much...


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