Results 1–20 of 209 for speaker:Lord Leigh of Hurley

Corporate Insolvency and Governance Act 2020 - Question (29 Jul 2020)

Lord Leigh of Hurley: To ask Her Majesty’s Government what assessment they have made of (1) the operation of the moratorium process set out in the Corporate Insolvency and Governance Act 2020, and (2) whether that process has led to businesses being saved from closure.

Corporate Insolvency and Governance Act 2020 - Question (29 Jul 2020)

Lord Leigh of Hurley: The Minister will not be surprised to hear that I still regard it as a shame that companies with bonds—companies rather than businesses—have sought to be rescued. My research indicates that only one, or maybe two, companies have applied for the moratorium. Does the Minister accept that the monitor will now have to do a lot of unnecessary work to prove it is likely that a company will be...

Corporate Insolvency and Governance Bill - Report (and remaining stages): Amendment 2 (23 Jun 2020)

Lord Leigh of Hurley: My Lords, I take the assurances from the Perspex-covered Dispatch Box that the Minister will monitor the situation. I take this opportunity to apologise: I did not mean that I had not received a letter; I meant that it was not as satisfactory as the noble and learned Lord, Lord Hope, found it. There were insufficient assurances. I also suggest that the noble Lord, Lord Fox, meant bankers and...

Corporate Insolvency and Governance Bill - Report (and remaining stages): Amendment 1 (23 Jun 2020)

Lord Leigh of Hurley: My Lords, there are seven amendments in my name and that of my noble friend Lord Trenchard: Amendments 2, 6, 7, 9, 10, 16 and 17. All seven, however, address pretty much the same point, which is to allow the directors of a company, or its monitors—both those in the UK and those overseas—to enter into a moratorium, extend its life or end it, if they believe that, even if there is no hope...

Written Answers — Ministry of Justice: Coroners (23 Jun 2020)

Lord Leigh of Hurley: To ask Her Majesty's Government how many deceased persons are currently being held by coroners in England awaiting registration of death.

Written Answers — Ministry of Justice: Coroners (23 Jun 2020)

Lord Leigh of Hurley: To ask Her Majesty's Government what is the current average waiting time between the arrival of a person whose death was unexplained with a coroner and issuing a death certificate.

Corporate Insolvency and Governance Bill - Committee (1st Day): Amendment 7 (16 Jun 2020)

Lord Leigh of Hurley: My Lords, I thank the Minister for his remarks and all noble and noble and learned Lords from all sides of the House for a really interesting debate, agreeing on much. I think my noble friend did address the concerns raised. However, I do not feel that he addressed the concerns raised in respect of Amendment 7 at all, so I would be very grateful if, before Friday, he can communicate with me...

Corporate Insolvency and Governance Bill - Committee (1st Day): Amendment 7 (16 Jun 2020)

Lord Leigh of Hurley: My Lords, this amendment is broadly similar to my earlier amendments—I am not quite sure why it is in a different group, to be honest, but so be it. It applies to the circumstances not of an extension but of an appointment of a monitor, and requires the directors to get the proposed monitor to state that it is likely that the moratorium would result in the rescue of the company as a going...

Corporate Insolvency and Governance Bill - Committee (1st Day): Amendment 1 (16 Jun 2020)

Lord Leigh of Hurley: I will speak to Amendments 12, 13, 17, 18, 30 and 31, all of which are mine. Essentially, they make the same point, but I had to table several amendments to the Bill to cover it. The point is to allow an extension of the moratorium where the rescue of the business, as opposed to the company, is likely. I draw the attention of your Lordship’s House to my register of interests, which includes...

Corporate Insolvency and Governance Bill - Second Reading (9 Jun 2020)

Lord Leigh of Hurley: My Lords, I refer to my registered interests. I welcome the Bill, which contains many measures I called for the Government to enact in our Budget debate in this House on 18 March, when it was becoming clear that urgent action was required on insolvency. I thank the Minister and his officials for taking time to meet me and Jon Moulton regarding this Bill, following my interventions on Part 10...

Covid-19: Public Wealth Investment Fund - Question (9 Jun 2020)

Lord Leigh of Hurley: My Lords, I refer to my register of interests. There is no question that we need some sort of public wealth investment bank to replace CBILS—perhaps using the old model that 3i had. However, the BBB is not the answer. It does not have the mechanics, the experience or the expertise to make the direct investments in SMEs that are badly needed. Would my noble friend meet me and other...

Covid-19: Business - Statement (13 May 2020)

Lord Leigh of Hurley: My Lords, when I saw that there was to be a Statement on business, I hoped it would include further guidance on the financing of business. While I congratulate the Government on their immediate and world-beating assistance to companies through debt, it is not the long-term answer. Does the Minister agree that the next step in helping businesses will be to help them repay the debt and that, to...

Charitable and Voluntary Sector - Motion to Take Note (30 Apr 2020)

Lord Leigh of Hurley: My Lords, I too congratulate the noble Lord, Lord Addington, on this important debate. As my register of interests discloses, I am a donor and trustee of a number of charities and I was asked by David Cameron to join a task force from which the Fundraising Regulator, chaired by the noble Lord, Lord Harris, was formed. The charity sector statistics are staggering, as the very helpful NCVO...

Covid-19: British Business Bank - Question (30 Apr 2020)

Lord Leigh of Hurley: My Lords, I too have spoken to a large number of businesses that are trying to get CBILS loans. The reality is that they are just not able to get them; they are being turned down. Will the Government consider two suggestions: first, that the government guarantee is for the first 80% of the loan, not pro-rata but for the initial amount; and, secondly, that the current restrictions on EIS and...

Garden Centres - Question (29 Apr 2020)

Lord Leigh of Hurley: My Lords—

Budget Statement - Motion to Take Note (18 Mar 2020)

Lord Leigh of Hurley: My Lords, I welcome my noble friend to his new role. I was one of those who called out in private discussions with previous Chancellors and in public for this House to have a Treasury Minister, and it is appropriate that the Treasury has a direct line to the wealth of experience and expertise in this House, as this debate shows. This Budget and subsequent statements needed to be about two...

Israel and Palestine: United States’ Proposals for Peace - Motion to Take Note (27 Feb 2020)

Lord Leigh of Hurley: My Lords, it is always an honour to follow the noble Lord, Lord Singh of Wimbledon. I congratulate the noble Baroness, Lady Tonge, on securing this debate. I refer your Lordships to my non-financial interests, as disclosed in the register. The noble Baroness certainly has an interest in the Jewish state; I notice that she has asked some 197 parliamentary Written Questions of the Government on...

Terrorist Offenders (Restriction of Early Release) Bill - Second Reading (and remaining stages): Amendment to the Motion (24 Feb 2020)

Lord Leigh of Hurley: My Lords, it is always an honour to follow the noble Lord, Lord Pannick. I welcome this Bill, which honours a promise made by the Justice Secretary on 3 February. The situation is very serious. Terror attacks are unlike any other criminality and require specific legislation, possibly with new offences and punishments—which, I gather, may be forthcoming, as the noble Lord, Lord Pannick,...

European Union (Withdrawal Agreement) Bill - Second Reading (13 Jan 2020)

Lord Leigh of Hurley: My Lords, I welcome this Bill. Having spoken on a number of other Bills that dealt with our departure from the EU, particularly those relating to our leaving with no deal—at one time a real possibility—I congratulate our Prime Minister on this result. Of course, we are only here because so many people in this House and the other place were so opposed to Mrs May’s deal that it has been...

Queen’s Speech - Debate (4th Day) (9 Jan 2020)

Lord Leigh of Hurley: My Lords, back to the economy. We have been fortunate to date that the UK economy has outperformed expectations. Employment remains at a record high and unemployment, at 3.8%, is at a record low. Perhaps unsurprisingly, though, economic growth has been steady rather than spectacular, albeit better than many other countries in the EU and beyond. Given the Brexit backdrop, steady was okay but...


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