Results 1–20 of 34 for brexit speaker:Lord Davies of Oldham

Brexit: Single Market - Question (24 Oct 2016)

Lord Davies of Oldham: My Lords, is it not quite clear that when the Brexit Secretary indicated that it was not necessary for the UK to remain a member of the single market, he caused profound uncertainty in business, finance and trade? Is it not clear therefore that unless the Government begin to establish clear principles on which they are acting on Brexit, we will go through a period of enormous uncertainty to...

Brexit: Economic Forecasts - Question (24 Oct 2018)

Lord Davies of Oldham: My Lords, the Minister is answering on a hope and a prayer. In this age of uncertainty, to claim categorically that Brexit will be beneficial to the nation is extraordinary. Will he not accept that economic predictors in the past have been broadly correct? They have been right over the last seven or eight years that the economic growth rate in the United Kingdom would decline to one of the...

Wales: Economic Investment Projects - Question (12 Jul 2016)

Lord Davies of Oldham: My Lords, leading Brexiteers such as Michael Gove and Chris Grayling made it quite clear that Wales, as others, would benefit from the decision to leave the European Community. Can the Minister assure us that, given that Wales benefited from a surplus of £245 million a year from Europe, the Welsh will not be sold short by future decisions of the Government?

Customs Legislation and Amendments: Impact Analysis - Statement ( 8 Oct 2019)

Lord Davies of Oldham: My Lords, I am grateful to the noble Lord for repeating the Statement. We have had a significant debate on Brexit under a number of headings this afternoon, and perhaps this one, the most precise of the lot, is likely to cause the most pessimism. This is HMRC indicating what will be the costs to business, and it has made it quite clear that the costs will be very significant. Large companies...

UK Convergence Programme - Motion to Approve ( 9 Apr 2019)

Lord Davies of Oldham: ...technical one with a very short duration so far as the United Kingdom is concerned when we leave the European Union, but the Minister addressed himself to issues as if this extraordinary word “Brexit” had never been coined and the phenomenon had never existed. Every single question that has come subsequently related somewhere to the impact of Brexit. I hope the Minister will reply to...

Economy: Purchasing Managers’ Index - Question (11 Apr 2019)

Lord Davies of Oldham: ...this Question started on the manufacturing industry, with a reference to the German motor car industry. Is it surprising that Germany is having some problems with its exports, first, in relation to Brexit, and secondly, to standards in the industry, which have caught the Germans out rather badly in recent years? However, four-fifths of the British economy is services, so what is all this...

Green Finance - Question (31 Oct 2018)

Lord Davies of Oldham: ...and Sweden. He has to recognise that there are aspects of government policy, such as fracking and the fact that the Government are reducing their subsidies for green energy—I will not mention Brexit at this stage—that must cause concern among investors and help to produce a rather more depressing picture than the Minister has suggested.

Brexit: Economic Analysis of Various Scenarios - Statement (28 Nov 2018)

Lord Davies of Oldham: ...to the noble Lord for that short series of comments on this important issue. Of course Her Majesty’s Opposition respects the referendum result but no one can offer much respect to the botched Brexit negotiations, in which the Prime Minister neither meets our six points nor her own red lines. Do the Government accept that the choice cannot be between her deal and no deal? Do they not...

Autumn Statement: Economy - Motion to Take Note (29 Nov 2016)

Lord Davies of Oldham: My Lords, this has been an excellent debate, but somewhat mistitled. It is not in the light of the Autumn Statement, but in the shadow of the Autumn Statement and Brexit. That has been the theme of this debate. Even the more optimistic outline that the Minister put before us has been countered by a range of real anxieties expressed widely across the House. Although the Minister did an...

Brexit: Economic Impact - Statement (20 Feb 2019)

Lord Davies of Oldham: ...the Government’s industrial strategy on the point of collapse and our car industry showing the enormous stresses and strains of the way the Government run the economy and their attempt to secure Brexit on appropriate terms, that Ministers can trot out these ridiculously optimistic propositions on how the economy will fare? Is it not the case that all the Government’s proposed options...

Brexit: Bank of England Report - Private Notice Question (29 Nov 2018)

Lord Davies of Oldham: ...and to be in a position to offer warnings to the Government. The basis of the warnings is the preparedness of British industry and commerce to adjust to the catastrophic position of a no-deal Brexit and to the Government’s proposed position. Is it not clear that the Minister needs to convey to his colleagues that there is enormous anxiety about the lack of preparation for the development...

Spring Statement - Motion to Take Note (20 Mar 2019)

Lord Davies of Oldham: ...services long experienced by the British people, who are now complaining stridently about it. Of course, as my noble friend Lord Hain pointed out, the Chancellor’s reasoning is that the Brexit shadow is still as dark as ever over the British economy. That makes economic forecasting exceptionally difficult—a position readily acknowledged by the OBR, which based its forecasts on an...

Finance (No. 3) Bill - Second Reading (and remaining stages) ( 7 Feb 2019)

Lord Davies of Oldham: My Lords, this has been an excellent debate, although the participation numbers are a long way below the usual ones. That is a reflection of the exhaustion which Brexit has brought on noble Lords as we have discussed whether we can see the future of the economy with any accuracy at all in the context of that issue. I think a number of noble Lords are holding their weapons ready for the point...

UK Convergence Programme - Motion to Approve (24 Apr 2017)

Lord Davies of Oldham: ...the economy as a whole. But the issue of convergence certainly did not rank particularly highly in that agenda and the Government, I imagine, can therefore begin their approach to the question of Brexit untrammelled with any regrets that no British Government will have to face up to this issue in the future. The Government are making much at this stage of economic growth over the last year...

Economy: Spring Statement - Motion to Take Note (15 Mar 2018)

Lord Davies of Oldham: ...develop. I have no doubt that the Minister will meet many of the challenges presented by this debate and that he will do his very best to give a response to all the issues raised. I have left out Brexit; I am not at all sure that we can at this stage address to the Government the challenge on the position of Brexit in circumstances where so much is so totally uncertain. We all know the...

Finance (No. 2) Bill - Second Reading (and remaining stages) ( 8 Mar 2018)

Lord Davies of Oldham: ..., of course, derives from their exiguous majority which is dependent on another small party. That underpins so many of the Government’s actions. It certainly underpins their whole approach to Brexit, and that is why we fear that the negotiations will not produce the effective Brexit that we all want. The Government are in hock partly to the fact that they do not have a majority in the...

Finance Bill - Second Reading (and remaining stages) (13 Sep 2016)

Lord Davies of Oldham: ...friends largely regarded the issues of the Finance Bill as passé and not part of the crucial issues of the debate about our economy at the present time. Of course, we have moved into the fog of Brexit. We are grateful to the noble Lord, Lord Kerr, who sought clarification on some of the issues, the first of which is an indication of the timescale for when certain aspects will need to be...

Financial Services (Miscellaneous) (Amendment) (EU Exit) (No. 3) Regulations 2019 - Motion to Approve ( 1 Oct 2019)

Lord Davies of Oldham: ...consolidating the position of the City of London, we take this step to end it all. The Minister has probably not come totally armed with the facts of where we are with regard to the whole debate on Brexit, but now and again, prior to his accession to his position, he will have heard a few comments on where we are all at with regard to Brexit. It is the case that most noble Lords in this...

Economy: Budget Statement - Motion to Take Note (13 Nov 2018)

Lord Davies of Oldham: ...common to so many other local authorities—is not remediable by a small, one-off addition from the Chancellor. It may be an earnest of intent—that if things go well with other matters, such as Brexit, local authorities may be promised greater resources—but at present everybody is aware that there is a crisis, to whose resolution this Budget makes a very limited contribution indeed....

Northern England: Opportunity and Productivity - Motion to Take Note (12 Jan 2017)

Lord Davies of Oldham: ...this most interesting debate, and on an introduction that has been a stimulus to all contributors. Two developments dominate the whole issue of the north at the present time. One is obviously Brexit, on which this Government are inspiring little confidence that they have a structure of priorities in place for the negotiations. Several noble Lords in the debate and the IPPR report itself...


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