Results 21–40 of 419 for speaker:Viscount Trenchard

Financial Services and Markets Bill - Report (1st Day) (Continued): Amendment 8A ( 6 Jun 2023)

Viscount Trenchard: My Lords, I thank all noble Lords who have taken part in this short debate. The noble Baroness, Lady Bowles of Berkhamsted, talked about the senior managers and certification regime. Does she know that the Japanese banks have given up sending senior directors to London because they cannot get authorised, so they have to promote people who are already in London? All three main megabanks are...

Financial Services and Markets Bill - Report (1st Day) (Continued): Amendment 8A ( 6 Jun 2023)

Viscount Trenchard: My Lords, I am grateful to the noble Lord for giving way, but I want to correct him for criticising me for opposing all international standards. The ones he has chosen to mention are not ones that I objected to specifically. I was just saying that in general international standards are not defined.

Financial Services and Markets Bill - Report (1st Day) (Continued): Amendment 8A ( 6 Jun 2023)

Viscount Trenchard: My Lords, Amendments 8A and 8B were originally tabled by my noble friend Lady Noakes. In moving Amendment 8A, I remind your Lordships of the interesting debate on this matter in Committee on 1 February. I repeat that we are, in many fields, especially financial services, a leader in the formulation of international standards and best practice. The FCA says on its website: “We contribute to...

Financial Services and Markets Bill - Report (1st Day): Amendment 3A ( 6 Jun 2023)

Viscount Trenchard: My Lords, I thank all noble Lords who have taken part in this debate. In particular, I thank my noble friend Lady Lawlor for her support, and I entirely agree with what she said about the need to move back to our former common law-based approach. The noble Baroness, Lady Kramer, suggested that this would mean not just common law but going back to a simple, light-touch regulatory system. I am...

Financial Services and Markets Bill - Report (1st Day): Amendment 3A ( 6 Jun 2023)

Viscount Trenchard: My Lords, Amendment 3A requires the Treasury to report every six months on the progress it is making in its challenging task of revoking, improving or retaining each of the items of retained EU law listed in Schedule 1 to the Bill. This amendment and my other amendment in this group were originally tabled by my noble friend Lady Noakes, who is not in her place today. She is providing support...

Financial Services and Markets Bill - Report (1st Day): Amendment 1 ( 6 Jun 2023)

Viscount Trenchard: My Lords, I declare my interests as a director of two investment companies as stated in the register. I listened with interest to the noble Lord, Lord Sharkey, in bringing forward his Amendment 1 and other amendments. I feel strongly, as he has suggested, that what has been agreed for the REUL Bill should also be acceptable for this Bill. Indeed, one of my later amendments makes the same...

Levelling-up and Regeneration Bill - Committee (13th Day): Amendment 372ZA (18 May 2023)

Viscount Trenchard: My Lords, I thank all noble Lords who have participated in this debate. I am greatly heartened by the universal tone of the speeches and contributions made. I thank my noble friend Lord Lucas for his support. It is most unfortunate that his local chalk stream has the name it does; I do not know how easy it will be for him to change it, but I imagine there is some kind of complicated procedure...

Levelling-up and Regeneration Bill - Committee (13th Day): Amendment 372ZA (18 May 2023)

Viscount Trenchard: If it should be necessary for me to bring back this amendment on Report, I shall be happy to receive the noble Baroness’s support. I am also most encouraged by the support that my noble friend the Minister has given to my amendment. I had heard from my right honourable friend Sir Oliver Heald that he and the Minister visited the Mimram together, which is one case of a chalk stream whose...

Levelling-up and Regeneration Bill - Committee (13th Day): Amendment 372ZA (18 May 2023)

Viscount Trenchard: My Lords, I apologise that I have not participated at Second Reading or earlier in Committee on this landmark Bill, but I am grateful for the opportunity to move my Amendment 372ZA, which seeks to secure greater protection for our wonderful chalk streams, which I believe play a uniquely important part in England’s landscape and natural environment. I thank the noble Baroness, Lady Bakewell...

Cleaner Energy Technologies - Question (14 Mar 2023)

Viscount Trenchard: My Lords, does my noble friend the Minister agree that the only way even to get close to the net-zero targets is to make major changes to the current energy policies to enable a substantial increase in both the number and speed of deployment of nuclear reactors?

Written Answers — The Senior Deputy Speaker: House of Lords: Security (14 Feb 2023)

Viscount Trenchard: To ask the Senior Deputy Speaker, further to the Written Answer by Lord Gardiner of Kimble on 1 February (HL5048), what account was taken by the external experts of the proportionality of the costs of the works at Peers' Entrance against the background that further related security works will be undertaken within the next three years.

Written Answers — The Senior Deputy Speaker: House of Lords: Security (14 Feb 2023)

Viscount Trenchard: To ask the Senior Deputy Speaker, further to the Written Answer by Lord Gardiner of Kimble on 1 February (HL5048), what account was taken of the further security works to be undertaken within the next three years when assessing the proportionality of the cost of the works at Peers' Entrance.

Written Answers — The Senior Deputy Speaker: House of Lords: Security ( 1 Feb 2023)

Viscount Trenchard: To ask the Senior Deputy Speaker what assessment has been made of the proportionality of the cost of replacing the revolving door at Peers' Entrance, given the plans for further related security works within the next three years.

Financial Services and Markets Bill - Second Reading (10 Jan 2023)

Viscount Trenchard: My Lords, it is a pleasure to follow my noble friend Lord Northbrook. I thank my noble friend Lady Penn for her impressive introduction of this Bill and declare my interest as set out in the register as a director of two investment companies. I welcome the Bill. I wish to place on record my strong objection to the imposition of a five-minute so-called advisory speaking time at Second Reading....

Clean Energy: Investment - Question (14 Dec 2022)

Viscount Trenchard: My Lords, I declare my interests as set out in the register. I ask the Minister to confirm that he agrees that clean energy includes nuclear energy, and that the failure of wind and solar power to make any real contribution in current extremely cold conditions strengthens the case to accelerate plans to bring forward commercial schemes to deploy SMR technologies, including Japan’s...

Economy: The Growth Plan 2022 - Motion to Take Note (Continued) (10 Oct 2022)

Viscount Trenchard: My Lords, it is a pleasure to follow the noble Baroness, Lady Sheehan, although I regret to say that I find it difficult to agree with anything she said. I congratulate my noble friend Lady Neville-Rolfe on her well-deserved reappointment to government. At difficult times such as those we face today, it is encouraging that your Lordships’ House has her experience and wisdom at the centre of...

Her Late Majesty Queen Elizabeth II - Tributes (Continued) (10 Sep 2022)

Viscount Trenchard: My Lords, it is a great pleasure to be able to follow the impressive and interesting tribute by the noble Lord, Lord Kennedy of Southwark. Indeed, after hearing so many excellent tributes by so many noble Lords, it is difficult to find something new or interesting to say which has not already been said. I had hesitated to put my name down to make a tribute, but then I thought it was actually...

Energy Bill [HL] - Committee (2nd Day): Amendment 50 ( 7 Sep 2022)

Viscount Trenchard: My Lords, I strongly support Amendment 225, which seeks to introduce a requirement to construct gas storage facilities to hold 25% of forecast consumption by 2025. I understand that past Governments have not believed that the country has any particular need for gas storage facilities, given that we have extracted large amounts of gas from the North Sea. I am sceptical that we will find it...

Ukraine Update - Statement ( 5 Sep 2022)

Viscount Trenchard: My Lords, first, I thank the Minister for repeating the Statement. Secondly, I was delighted by the supportive stance taken by the noble Lords, Lord Coaker and Lord Newby. I think it is right that in his final day of office the Prime Minister should be acknowledged for his robust support and swift response to Russia’s illegal invasion of Ukraine and his leadership of the western world in...

Energy Bill [HL] - Committee (1st Day): Amendment 1 ( 5 Sep 2022)

Viscount Trenchard: My Lords, I must declare my interest as a member of the advisory board of Penultimate Power UK Ltd. By the Government’s own admission, the Bill introduces 26 separate measures, based roughly on three pillars, which aim to give the Bill a modicum of coherence. Many of the amendments in this group, however, seem also to be intended to serve as a kind of preamble to the Bill, which, as my...


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