Results 41–60 of 6256 for (in the 'Commons debates' OR in the 'Westminster Hall debates' OR in the 'Lords debates' OR in the 'Northern Ireland Assembly debates') speaker:Lord Darling of Roulanish

Oral Answers to Questions — Prime Minister: Autumn Statement (5 Dec 2012)

Alistair Darling: If I understood the Chancellor correctly, the profile of rising growth that he announced today looks remarkably similar to the profile that he announced in 2010, but which singularly failed to materialise. That, of course, is one reason why he has missed his debt target. Will he tell us why we should have any more confidence in the next set of figures, which show recovery, albeit postponed...

Oral Answers to Questions — Education: West Coast Main Line (29 Oct 2012)

Alistair Darling: Will the Secretary of State tell us whether Mr Laidlaw considered the implications of the decision to make this a 15-year franchise? He will know that when I had his job I reduced the franchises to seven years, because after that time trying to speculate on the state of the economy, and therefore on what fair revenue is, becomes increasingly difficult, if not impossible. The problem is that...

Oral Answers to Questions — Communities and Local Government: LIBOR (FSA Investigation) (2 Jul 2012)

Alistair Darling: The Chancellor referred to my quote in a newspaper yesterday. I should just tell him that I was asked specifically about the investigation of individuals, and I made the point that there are authorities, such as the Serious Fraud Office and the Financial Services Authority, who are supposed to be doing that. On the Chancellor’s broader point, let me say that this inquiry will work only...

Oral Answers to Questions — Communities and Local Government: EU Council (2 Jul 2012)

Alistair Darling: Does the Prime Minister agree that the customary celebrations after last week’s euro summit were, yet again, premature? There is not nearly enough money in the European stability mechanism, as its £500 billion is not enough to deal with Spain, let alone other countries. Equally, the German Chancellor’s opposition to eurobonds means there must be a question mark hanging over...

Business of the House: LIBOR (FSA Investigation) (28 Jun 2012)

Alistair Darling: I am sure that, in his quieter moments, the Chancellor will reflect on the fact that we are kidding ourselves if we think that the UK was the only country where this sort of thing was going on. The American authorities are just as concerned as our authorities. The situation is symptomatic of a culture that prevailed for much of the last decade, when, frankly, anything was allowed to go. Does...

Oral Answers to Questions — Prime Minister: G8 and NATO Summits (23 May 2012)

Alistair Darling: While I welcome the change of rhetoric over the weekend, particularly from the Prime Minister, in recognising that austerity alone will not work—at least, from his point of view, in Europe; he might apply that here, too—will he tell us whether the German position has changed at all? It does not seem to have done so, but until it does, I shall find it hard to believe that the...

Debate on the Address: Jobs and Growth (17 May 2012)

Alistair Darling: The Chancellor seems to be setting out quite a significant shift in the Government’s policy on what should be happening in Europe, in particular urging the German Government to do things in relation to promoting growth that many of us have argued for several months. Interestingly, they are not to apply to this country. Will he confirm that this is a significant shift, and will he add to...

Debate on the Address: Jobs and Growth (17 May 2012)

Alistair Darling: The Chancellor is actually confirming what I thought. It is good that they are saying these things in public, but it does suggest that perhaps there is an opportunity to change direction in Europe. I know we will not agree about what is necessary in this country, but does the Chancellor agree with me that we need to be explicit now that austerity on its own will not work—we need...

Imf (23 Apr 2012)

Alistair Darling: I think it right for us to support the IMF, but is not something very wrong when it is having to pass the hat around because it is becoming increasingly concerned that the policies being pursued by the eurozone—and, within it, some of the most developed and well-off countries in the world—are making it more likely that those countries will have to draw on international help to...

Amendment of the Law (26 Mar 2012)

Alistair Darling: I want to return to the “nascent recovery” in just a moment, but first I should say that I was particularly pleased to hear the Minister refer to a number of successful growth industries including publishing, and in that connection I should draw the House’s attention to the Register of Members’ Financial Interests. Before turning to the question of growth—or,...

Amendment of the Law (26 Mar 2012)

Alistair Darling: Inevitably, there is some forestalling and there will be an awful lot more of it this year when people realise that they will pay a lesser tax rate next year. The hon. Lady makes a point, but perhaps not the one she intended. The real problem we face as a country is the lack of future growth. I am concerned about that, because our borrowing levels are still high. The Chancellor is still...

Business of the House: Rail Reform (8 Mar 2012)

Alistair Darling: Does the right hon. Lady accept that in this industry successive Secretaries of State have found that announcing efficiencies is much easier than actually achieving them? If we do not achieve them, fares will go up or investment will suffer. Does she accept that it is absolutely essential to continue the investment that started 10 years ago, which included upgrading the west cost main...

Oral Answers to Questions — Defence: Banking Commission Report (19 Dec 2011)

Alistair Darling: I welcome the Vickers report and I am glad to hear that it is being implemented, but will the Chancellor be careful about overselling this? This would not have stopped the failure of Northern Rock or HBOS, and the idea that a future Government might decline to step in and rescue an investment bank if it failed is simply not credible. Look what happened to Lehmans when the Americans tried...

Chancellor of the Exchequer: The Economy (6 Dec 2011)

Alistair Darling: I hope that the hon. Member for Skipton and Ripon (Julian Smith) will forgive me for not following him, given the short time I have available. The real problem we face in this country, in Europe and, to a large extent, in America too, is the lack of growth. The Chancellor opened his remarks by saying that the previous Government had been too optimistic about some of their forecasts. He...

Chancellor of the Exchequer: The Economy (6 Dec 2011)

Alistair Darling: I am, and I shall come on to that in a minute, but I want to make a further point. If the OBR comes out with another downward revision of its figures at the time of the Budget next March, does it mean that we are going to embark on yet another round of reducing expenditure? It this not the same sort of argument that we had in the 1930s? The prevailing orthodoxy did not work then, and it will...

Chancellor of the Exchequer: The Economy (6 Dec 2011)

Alistair Darling: As it happens, there is a passage in my book about the trend rate of growth. I believe that economists find it terribly difficult to work out what the right trend rate of growth is. On the point raised in the Select Committee this morning, I am surprised that the OBR has said that the productive capacity of the economy has been so reduced, partly because of lack of productivity. Part of the...

Chancellor of the Exchequer: The Economy (6 Dec 2011)

Alistair Darling: I would love to, but if think that if I do it counts against me, so I shall carry on speaking for a minute and 22 seconds, if I may. I know we will be represented in the Council at the end of this week. This is a debate that we cannot afford to stay out of. No one is advocating that we should join the euro, and it is simply not going to happen in anything like the foreseeable future, but what...

Oral Answers to Questions — Home Department: G20 (7 Nov 2011)

Alistair Darling: Understandably, the Prime Minister is putting a brave face on what happened last week. On any viewing, the G20 failed to reach its aims on growth, on the imbalances or on the eurozone crisis, which is as bad now as it was a few days ago. I see that there were reports that the G20 is planning to meet again, perhaps as early as in the remaining part of this year or at the beginning of next...

Oral Answers to Questions — Prime Minister: Engagements (2 Nov 2011)

Alistair Darling: When the Prime Minister goes to the G20 meeting over the next couple of days, will he try to persuade his colleagues of the urgency of coming up with some detail on the eurozone settlement reached last week? It is not at all clear how on earth Greece will get out of its difficulties, even if the referendum passes. European banks will need shoring up well before next summer, and as for the new...

Business, Innovation and Skills: Eurozone Crisis (27 Oct 2011)

Alistair Darling: Does the Chancellor agree that one reason why the bank recapitalisation worked three years ago was that we were able to provide precisely the sort of detail required to reassure markets that we were taking the necessary action? When can we expect to hear, for example, exactly how much Greek debt is to be written down, and which banks in continental Europe will require additional funds from...


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