Results 181–200 of 571 for speaker:Lord Sharkey

Financial Guidance and Claims Bill [HL] - Committee (1st Day) (19 Jul 2017)

Lord Sharkey: Is it not the case that, if you can give only debt advice, that advice will be defective if you cannot take into account the pension liabilities and pension assets?

Written Answers — Foreign and Commonwealth Office: Occupational Pensions: Tax Allowances (11 Jul 2017)

Lord Sharkey: To ask Her Majesty’s Government how much public funding was involved, and on what terms, in the purchase by Greybull Capital of Tata Steel’s Long Products Europe business.

Financial Guidance and Claims Bill [HL] - Second Reading (5 Jul 2017)

Lord Sharkey: My Lords, this Bill contains some welcome and timely provisions. It also contains some surprising gaps and some rather vague and ambiguous drafting. We on these Benches support the idea of a single financial guidance body to replace the three existing bodies: the Money Advice Service, the Pensions Advisory Service and Pension Wise. There is a clear need to improve the provision of debt...

Queen’s Speech - Debate (2nd Day) (Continued) (22 Jun 2017)

Lord Sharkey: My Lords, I declare an interest as a co-chair of the APPG for the Turkish Republic of Northern Cyprus. I follow other noble Lords in welcoming the noble Lord, Lord Ahmad, to his new post. In six days’ time, negotiations resume in Geneva on the reunification of Cyprus. Many observers and participants see this as the final chance for a settlement. There have been 40 years of discussions and...

Criminal Finances Bill - Report (and remaining stages) (25 Apr 2017)

Lord Sharkey: I am very grateful for the Minister’s response. She will not be surprised or, I hope, offended when I say that I am still not entirely convinced by some aspects of the situation. However, I acknowledge that the issues raised are very complex and that there is certainly a need for further in-depth discussions. I very much welcome the Minister’s proposal to facilitate a meeting for further...

Criminal Finances Bill - Report (and remaining stages) (25 Apr 2017)

Lord Sharkey: My Lords, I should start by thanking the Minister and her officials for being so generous with their time over the last couple of days. I am extremely grateful for her courtesy and patience. I also want to acknowledge that this is not the ideal timing for debating an issue that has so many complex aspects. We had all expected to have more time to do this. Amendment 13, which stands in my name...

Tax Havens - Question (6 Apr 2017)

Lord Sharkey: To ask Her Majesty’s Government what steps they are taking to curb the use of tax havens.

Tax Havens - Question (6 Apr 2017)

Lord Sharkey: I thank the noble Lord for that Answer. Last week, Oxfam’s report revealed that last year five UK banks made £9 billion in profit in tax havens, which was 67% of their global profits. Half a billion pounds of this profit was made in UK-linked tax havens, where the banks paid just 7% in tax. What estimate have the Government made of the loss to the Exchequer of profit shifting by UK-based...

Medical Research - Question for Short Debate (28 Mar 2017)

Lord Sharkey: To ask Her Majesty’s Government what plans they have to help maintain the United Kingdom’s position in medical research.

Medical Research - Question for Short Debate (28 Mar 2017)

Lord Sharkey: My Lords, I declare an interest as chair of the Association of Medical Research Charities, whose members spend more than £1.4 billion a year on medical research. The UK is a world leader in medical research. We have discovered and developed 25 of the top 100 prescription medicines globally. We produce around 20% of the world’s most cited academic publications in the life sciences. The UK...

Criminal Finances Bill - Committee (1st Day) (28 Mar 2017)

Lord Sharkey: Does the Minister accept that there is a big difference between having the powers to do something in addition and having an automatic system of withholding, which makes it directly in the interests of the firms to take the action that they are supposed to take, rather than have the FCA make an assessment later and come back to discuss whether it ought to impose an additional penalty? One is...

Criminal Finances Bill - Committee (1st Day) (28 Mar 2017)

Lord Sharkey: My Lords, Amendment 108 seeks to help the FCA to ensure meaningful compliance and right behaviour in the banking sector, which has not been entirely a stranger to money laundering. Work done by the New City Agenda think tank, of which I am a director, has shown some progress in changing the culture within banks—but has also shown that there is still a need for much more change. Last week's...

Criminal Finances Bill - Committee (1st Day) (28 Mar 2017)

Lord Sharkey: My Lords, I will speak to Amendments 10, 13, 20 and 22 to 25 in this group, all of which are probing amendments. Amendment 10 modifies subsection (4) of the newly inserted Section 362B of the Proceeds of Crime Act 2002. The subsection sets out one of the three conditions that must be satisfied before an unexplained wealth order may be made: “The High Court must be satisfied that … the...

Criminal Finances Bill - Committee (1st Day) (28 Mar 2017)

Lord Sharkey: If it were absolutely clear that you cannot obtain an unexplained wealth order without satisfying that condition, I would be happy, but I am not entirely sure that it is, and I would welcome the Minister’s confirmation that the noble Lord is correct. Amendments 22 to 25 will allow the Minister to point out—if other noble Lords do not do so beforehand—where I have entirely missed the...

Higher Education and Research Bill - Report (4th Day) (15 Mar 2017)

Lord Sharkey: My Lords, I will speak to Amendments 177A and 178A. Amendment 177A in my name and that of my noble friend Lord Willis of Knaresborough returns to the subject of the ability of research councils to enter into funding partnerships. We discussed this extensively in Committee. We had two key questions. The first was, under UKRI, would there be any additional requirements above those already...

Higher Education and Research Bill - Report (4th Day) (15 Mar 2017)

Lord Sharkey: My Lords, I declare an interest as chair of the Association of Medical Research Charities. Government Amendments 159 and 164 mirror amendments that we put down in Committee. As the Minister said, they rectify the omission of the desirability of experience of the charitable sector in those appointed to UKRI. The charity sector plays a vital role in UK research. Medical charities alone spend...

Higher Education and Research Bill - Report (3rd Day) (13 Mar 2017)

Lord Sharkey: My Lords, I thank all noble Lords who have spoken in this brief debate. I am astonished by some of the Government’s response. The Minister said that this scheme will be open for applications before the end of the Parliament, but this Parliament ends in 2020. On the whole, the Government’s response takes insufficient account of the worries caused in the Muslim community by the uncertainty...


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