All 18 results for speaker:Lord O'Donnell

European Union (Withdrawal) (No. 6) Bill - Second Reading (5 Sep 2019)

Lord O'Donnell: My Lords, I would like to build on what many of the previous speakers have said, particularly my former boss, the noble Lord, Lord Kerr, who covered many of the areas that I want to speak on, and the noble Baroness, Lady Bull. I completely support what she said on the economic costs of no deal; other institutions have also looked at that, such as the Institute for Fiscal Studies and Trade...

European Union (Withdrawal) Bill - Report (3rd Day) (25 Apr 2018)

Lord O'Donnell: My Lords, briefly, I would like to thank the Minister and his officials for their work on this and for their constructive approach. I am very happy to drop my amendment.

Civil Service Impartiality - Private Notice Question (5 Feb 2018)

Lord O'Donnell: My Lords, I had the pleasure of working with the Minister in his many guises and, if ever there was a Minister who lived by the code he has just talked about, it is the noble Lord. Does he believe that those making allegations without supporting evidence against serving civil servants, who will not respond, are undertaking a form of bullying that, to be honest, actually diminishes those...

European Union (Withdrawal) Bill - Second Reading (2nd Day) (Continued) (31 Jan 2018)

Lord O'Donnell: My Lords, this Bill started life as an oxymoron—let us be honest. The great repeal Bill repeals some EU law but transposes it back into UK legislation, and what we have heard today has made it clear that it is not that great either. As many have already pointed out, it has numerous technical and constitutional defects. As a former head of the Treasury, I salivate at the prospect of raising...

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

Lord O'Donnell: My Lords, I will be very brief. I declare an interest as a visiting professor at LSE and UCL, and my first job was as a lecturer in economics at the University of Glasgow, where I saw at first hand the joys of teaching a diverse group of students. I take all the points that have been made about education and the economy. However, I want to speak as a former Permanent Secretary to the...

European Union (Notification of Withdrawal) Bill - Second Reading (1st Day) (20 Feb 2017)

Lord O'Donnell: My Lords, I should like to refer, first, to my interests in the register, particularly as president of the council of the Institute for Fiscal Studies and as chairman of Frontier Economics. In such a lengthy debate, I want to concentrate on those issues where I believe that I can add something—namely, the economic case and the implications for the Civil Service. The eminent economic...

Medical Innovation Bill [HL] — Report (12 Dec 2014)

Lord O'Donnell: As a strong supporter of this Bill, I back the idea that we must learn from the innovation. To be honest, I worry not about the successes but about the failures not being recorded. Therefore, I am grateful that a register will be set up. However, will it be compulsory? If it is not, that would not meet the requirements.

Medical Innovation Bill [HL] — Report (12 Dec 2014)

Lord O'Donnell: Perhaps I may come back on whether it is relevant for this Bill. As I understand it, the Minister said that the Government were deciding to set up this register and therefore it is not a question of what is in the Bill. We were asking whether the Government can make the register compulsory and how they would do that.

Medical Innovation Bill [HL]: Committee (24 Oct 2014)

Lord O'Donnell: My Lords, like the noble Lord, Lord Giddens, I am not a medic. I rise to speak because I think that this issue creates all sorts of problems and challenges in which my experience in public policy and economics can help. To me, what determines innovation is essentially economic. Economists have studied for a long time precisely how you get innovation in systems. I will not lecture noble Lords...

Coalition Government: Constitution Committee Report — Motion to Take Note (13 May 2014)

Lord O'Donnell: First, I add my congratulations to the noble Baroness, Lady Jay, and her committee on producing an important and timely report. I broadly support the conclusions and I very much hope that Ministers and—picking up on what was just said—the Opposition will implement the suggested changes. I should also note that I agree very strongly with my illustrious predecessor, my noble friend Lord...

The Future of the Civil Service — Motion to Take Note (16 Jan 2014)

Lord O'Donnell: My Lords, I should like to add my thanks to the noble Lord, Lord Hennessy, as the noble Lord, Lord Armstrong, said, in his long journey from the dark side. I also thank both Houses of Parliament for passing the Constitutional Reform and Governance Act, which, I have to say, civil servants advised Ministers to do about 150 years before they finally did it. Pace is something we need to think...

Growth and Infrastructure Bill: Report (3rd Day) (20 Mar 2013)

Lord O'Donnell: My Lords, I support the amendment. On this Budget day, it behoves us all to think about how we stimulate growth. This particular clause would actually be very harmful to growth; I agree in particular with what the noble Lord, Lord Forsyth, and others said. When I was in the Civil Service, the Government set up the Red Tape Challenge initiative. That was really important, and there is a second...

Financial Services Bill: Committee (2nd Day) (3 Jul 2012)

Lord O'Donnell: My Lords, I support the sentiments expressed by the noble Lord, Lord Kerr, and the noble Baroness, Lady Kramer, and believe that we need to handle the very important issues raised by the noble Lords, Lord Eatwell and Lord Myners. There is a way of managing all of this. First, importantly, we have a lot of information already. We want an inquiry to establish the facts, but we need to bear in...

Financial Services Bill: Committee (2nd Day) (3 Jul 2012)

Lord O'Donnell: My Lords, I rise to support Amendment 35A and in particular to speak in favour of the phrase "subject to that". It is important that we understand why this was put there for the MPC. The basic economic principle was that low and stable inflation was the best prerequisite for long-term sustainable growth. Shocks to economies happen, which mean that inflation will move away either above or...

Financial Services Bill: Committee (1st Day) (26 Jun 2012)

Lord O'Donnell: Having sat through large numbers of meetings of the Monetary Policy Committee chaired by Eddie George and Mervyn King, I know that the reality is that the chairman has one vote, although they have a casting vote. That dominates the style of the meetings; they are not so much dominated by the style of the individual who is chairing them. Having sat through all of those, I do not think that the...

Financial Services Bill: Committee (1st Day) (26 Jun 2012)

Lord O'Donnell: I support the noble Lord, Lord Flight, in that and pick up on what the noble Lord, Lord Eatwell, was saying about this issue. I completely agree that the problem is whether the governor concentrates on one area to the exclusion of the other. You risk making things worse if you make the governor chair of one of these committees and not the other. I would say that you cannot have a Governor of...

Financial Services Bill: Committee (1st Day) (26 Jun 2012)

Lord O'Donnell: Perhaps I may respond to the noble Lord's comments about the Monetary Policy Committee and the Treasury person on it, having been that Treasury person at a very large number of MPC meetings. That person is referred to as the Treasury representative. In the early stages of the meetings, they would explain what was going on in fiscal policy to allow fiscal monetary co-ordination to take place....

Financial Services Bill — Second Reading (11 Jun 2012)

Lord O'Donnell: My Lords, as this is my maiden speech, I would like to take the opportunity to thank all the Members of your Lordships' House, and all its officers and staff, for making me so welcome. I have had the privilege to serve and collaborate with many noble Lords on all sides of the House, not least our previous speakers, and I look forward to working with them again. As an ex-Cabinet Secretary and...


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