All 6 results for speaker:Lord King of Lothbury

Central Bank Digital Currencies (Economic Affairs Committee Report) - Motion to Take Note ( 2 Feb 2023)

Lord King of Lothbury: My Lords, I speak as a member of the Economic Affairs Committee which produced the report that we are debating. I thank the noble Lord, Lord Bridges, for his excellent introduction to the debate. I declare an interest as a consultant to Citigroup. Central banking is not the most exciting of topics. Indeed, at the Bank, my ambition was to make it boring. But add “digital” to any title and...

Queen’s Speech - Debate (2nd Day) (12 May 2021)

Lord King of Lothbury: My Lords, after such a long debate, can there be much to say, especially—in deference to the noble Lord, Lord Cormack—on Zoom? The gracious Speech contains many items of proposed legislation, but their success will depend on one overriding factor—the economy. As we slowly emerge from the pandemic, I believe there is one key challenge: the need to change the structure of our economy and...

Football: European Super League - Private Notice Question (20 Apr 2021)

Lord King of Lothbury: Does the Minister agree that the outpouring of concern about the proposed European Super League shows that the organisation of professional football is not just a matter for private clubs to determine among themselves and that the relationship between clubs and their fans is not the same as that between a supermarket and its customers? Has not the time come to create a regulatory framework...

Budget Statement - Motion to Take Note (12 Mar 2021)

Lord King of Lothbury: My Lords, none of us envies the Chancellor, who faces bigger challenges than those confronted by many of his predecessors. However, Budgets should be judged by their contribution to economic stability, not their political gimmicks. I am concerned about the change to the remit of the Bank of England. Independence of the Bank was accompanied by a clear mandate expressed by the inflation target....

EU-UK Trade and Cooperation Agreement - Motion to Take Note ( 8 Jan 2021)

Lord King of Lothbury: My Lords, for five years, many claims have been made about the economic consequences of Brexit. Unfortunately, I fear that hyperbole has outrun reason. Although none of us can be certain, my own judgment is that the long-run economic effects of Brexit are likely to be small. Just as joining the Common Market did not transform the British economy, nor will leaving the EU significantly change...

Queen’s Speech - Debate (6th Day) ( 4 Jun 2015)

Lord King of Lothbury: My Lords, I am extremely grateful for your Lordships’ patience in allowing me to wait until after the general election before burdening the House with my views, and for the warm welcome that I have received. Parliament is a forbidding place for a central banker—our experience is usually confined to appearances in the other place before the Treasury Committee. I can report that, contrary...

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