Results 1–20 of 290 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 Blackwell

Address in Reply to Her Majesty's Most Gracious Speech (23 Nov 1999)

Lord Blackwell: My Lords, in making my contribution to the debate I should like to deal with one general point and one specific point. On the general point, despite the glowing picture of this Government's record conjured up by the noble Lord, Lord Davies of Coity, I have to express my disappointment at the failure of the programme, and of the Government to live up to their rhetoric, on enterprise. I shall...

Financial Services and Markets Bill (21 Feb 2000)

Lord Blackwell: My Lords, like my noble friend Lord Stewartby and others who have spoken, I, too, welcome the concept of a single regulator and the benefits that it should bring through simpler and more consistent rules. However, as others have said, the devil of this legislation is in the detail, and much of the detail is not in the Bill itself but in the secondary legislation and rules which will follow...

Greater London Authority (Election Expenses) Order 2000 (22 Feb 2000)

Lord Blackwell: My Lords, we have heard a good deal today about constitutional conventions and a number of authoritative contributions have been made. I take a rather simple view that it is the duty of your Lordships' House to consider as best it can its judgment on those matters which are properly brought before it. At least one very powerful argument has been made for why in the mayoral election, above all...

Electronic Communications Bill (22 Feb 2000)

Lord Blackwell: My Lords, I, too, should declare an interest as an executive of a financial institution which is a member of a number of schemes which issue digital signatures and certificates. I spoke in the debate last autumn on the gracious Address to welcome the promise of the Bill. Like other speakers, I welcome it again this evening. I said at that time that the impact of electronic commerce in...

Financial Services and Markets Bill (20 Mar 2000)

Lord Blackwell: Despite the thoroughly reasonable arguments that have been put forward for the amendments, I would be worried about either reaching the statute book. I say that because the cost of compliance and the cost of providing information and advice on many of these products have been so great as to make it uneconomic to sell them to the consumers who need them. There is no regulation that does not...

Financial Services and Markets Bill (20 Mar 2000)

Lord Blackwell: I am grateful for that question. The wording as it stands suggests to me that the seller has some obligation to understand the particular circumstances of the consumer and to ensure that the product is tailored to that consumer whereas the circumstances I envisage are where the seller may ultimately know nothing about the consumer. He may provide tools that the consumer can use but there is...

Financial Services and Markets Bill (20 Mar 2000)

Lord Blackwell: I should like to lend my support to the amendment proposed by my noble friend Lord Hunt of Wirral. I have some scepticism about the desirability of a panoply of panels with resourcing and functions prescribed in this way. I fear that such panels will just end up creating more delay and bureaucracy without having any consequent impact. I would favour a much looser requirement for the FSA...

Financial Services and Markets Bill (20 Mar 2000)

Lord Blackwell: I am grateful to the Minister for reading the list of practitioner groups that have been set up, and for stopping when he did! However, I was reminded of how consultation was conducted in the past. I am thinking particularly of NEDO, as was, and the wonderful principle--that no one could disagree with--that the Government should consult with industry and with the unions. Then we had little...

Financial Services and Markets Bill (27 Mar 2000)

Lord Blackwell: While I understand the sentiments that lie behind this amendment, I have grave doubts about its practicality. If directors are conducting a business in the interests of their shareholders, the FSA has the right and obligation to put controls around the use of reserves so as to protect policyholders. However, to impose an obligation to consult with-profit policyholders on the use of those...

Bank of England: Intervention in Foreign Exchange Markets (28 Mar 2000)

Lord Blackwell: rose to ask Her Majesty's Government what policy criteria they would apply before directing the Bank of England to intervene in foreign exchange markets, and what are the criteria and the budget provision under which the Bank of England may use its discretionary power to intervene in foreign exchange markets. My Lords, I thank the Minister for taking time to respond to the debate at a time...

The London and Frankfurt Stock Exchanges (24 May 2000)

Lord Blackwell: My Lords, I, too, thank my noble friend Lord Lamont for instigating the debate and for provoking what has so far been a remarkable outbreak of consensus. I shall try to be relatively brief in adding to that consensus. A common view among noble Lords who have spoken is that the outcome of a merger of this kind will be ultimately determined by the markets, and that the markets will prosper only...

Higher Education (14 Jun 2000)

Lord Blackwell: My Lords, given the many distinguished speakers in this debate, I want to focus on three points: two points of principle, which I invite the Government to endorse, and one specific point on business education aimed at the universities themselves. The first point of principle I suggest is that the volume of higher education should be based on maintaining high academic standards and not on some...

Regulation of Investigatory Powers Bill (19 Jun 2000)

Lord Blackwell: I support the spirit of the amendments proposed by my noble friends. As this is the first time that I have intervened on this Bill, I should declare an interest in a number of companies which have interests in this area. Does the Minister accept that the costs referred to are unlikely to be one-time costs incurred at the moment at which the order is imposed? Because of the ongoing nature of...

Restrictions on Authorisations Extending to Scotland (28 Jun 2000)

Lord Blackwell: Like other noble Lords, I listened to the Minister with great interest and appreciated his argument, but despite the welcome movement on plain text, there are still a large number of issues, both of principle and of practicality, on which I am not fully satisfied. The issues of principle are the broadest ones. Although it may seem reasonable to the man sitting in Whitehall for the Government...

Regulation of Investigatory Powers Bill (12 Jul 2000)

Lord Blackwell: My Lords, I too urge the Government to accept the amendments that we are discussing. Rather than repeat the arguments that have already been made this evening and in Committee, I ask the Government to explain how they would envisage the measure working if the committee of experts is not in place. Given the pace of change of technology that a number of speakers mentioned in Committee, it seems...

AS AN AMENDMENT TO COMMONS AMENDMENT No. 180 (18 Jul 2000)

Lord Blackwell: My Lords, I have not taken up the time of the House on this subject until now, partly because it seemed to me that the issues were so clear that they hardly needed lengthy debate. However, I should like to say a few words tonight in support of the amendment of my noble friend Lady Young. Her amendment seems to me to be the clearest possible statement of the primacy of marriage and of its...

Euro Intervention (9 Oct 2000)

Lord Blackwell: asked Her Majesty's Government: What is the value of euro reserves purchased by the Bank of England from both sale of gold reserves and other market intervention since the euro was launched, and what is the loss in sterling value of those reserves at current exchange rates.

Euro Intervention (9 Oct 2000)

Lord Blackwell: My Lords, I thank the Minister for that informative reply. In the light of the Government's recent intervention to support the euro and press speculation over the weekend that the Government may intervene again, does the Minister stand by what he said in this House on 28th March this year when he assured us that the Government had no policy to intervene to create an artificial change in the...

Political Parties, Elections and Referendums Bill (24 Oct 2000)

Lord Blackwell: I am taken by the point made by my noble friend Lord Mackay that it is likely to be difficult to find caps which are both practical and equitable and that it may make more sense to remove caps altogether. I particularly want to take up a point raised by the noble Lord, Lord Lamont, and his amendments. If there are to be caps, I question the relevance of expenditure as regards political...

("References to documents used in legal proceedings (24 Oct 2000)

Lord Blackwell: moved Amendment No. 264A: Page 165, leave out lines 35 and 36 and insert-- ("(b) any organisation whose intention is to affect public support for a registered political party or referendum campaign, where intention to affect support is indicated by the criteria set out below-- (i) whether the organisation gives financial support to registered parties or referendum campaigns, (ii) whether the...


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