Results 21–40 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

EU: Police and Criminal Justice Measures — Motion to Agree (23 Jul 2013)

Lord Blackwell: Can my noble friend give me one more assurance? Can he confirm that, once the British Government have concluded their negotiations and we know what the conditions will be for opting back in to, for example, the European arrest warrant, Parliament will then have an opportunity for a final say on whether or not it agrees with those opt-ins?

EU: Police and Criminal Justice Measures — Motion to Agree (23 Jul 2013)

Lord Blackwell: My Lords, the change in wording of the government Motion poses me with a dilemma. Although I wholeheartedly support the decision to exercise the opt-out, I have to say that I am not in any position today to want to commit to endorsing opting back in to 35 measures and, in particular, these 35 measures. Various Members opposite have suggested that the Government were seeking to pander to, as...

EU: Police and Criminal Justice Measures — Motion to Agree (23 Jul 2013)

Lord Blackwell: The noble Lord might like to note that the phrase is in the summary at the front. I will explain why I, for one, think that that is a totally incorrect conclusion. There is a strong reason for opting out of all these measures. Maybe there are reasons for opting back in to some of them, but there is a strong reason for starting with the presumption that we should opt out. The mistake that the...

EU: Police and Criminal Justice Measures — Motion to Agree (23 Jul 2013)

Lord Blackwell: No, my Lords, I would not agree, because it comes under the jurisdiction of the European Union. A measure of co-operation would be if such a thing were agreed under the European Council, which is what I would certainly advocate. We are talking not about co-operation but about legislation from a European body, and opting in to any of these measures is a one-way, irreversible transfer of the...

EU: Police and Criminal Justice Measures — Motion to Agree (23 Jul 2013)

Lord Blackwell: There is no reason why the UK cannot co-operate with other countries to do exactly that. It does not need the European Union to legislate for that. I am going to make progress because otherwise we will be here all night. The fact is that, once we have opted in, the normal EU legislative processes take over. That means that any one of these measures, however nice or gentle they may appear now,...

Sterling: Exchange Rate — Question (25 Jun 2013)

Lord Blackwell: My Lords, does my noble friend accept that, according to macroeconomic theory, one of the drivers of a trade deficit is a government deficit, because any public borrowing tends to be offset by savings from overseas savers? Would not those noble Lords who are concerned about the trade deficit, rather than trying to manipulate the exchange rate, be better off supporting the Government’s...

Enterprise and Regulatory Reform Bill: Report (4th Day) (Continued) (11 Mar 2013)

Lord Blackwell: My Lords, I have listened very carefully to the speeches of the noble Lords, Lord Mitchell and Lord Lea of Crondall. While they made some interesting points, I did not find that either of them had any compelling rationale for this particular amendment. We have all agreed that the remuneration policy for those at the top of companies has to be transparent and has to be voted on and agreed by...

Enterprise and Regulatory Reform Bill: Report (4th Day) (Continued) (11 Mar 2013)

Lord Blackwell: That is precisely my point. I would have thought that the company that successfully employs lots of people at all skill levels, including those on the minimum wage or at a low-skill level, is helping society and helping us all to prosper together. Another example is a company in a consultancy that employs only PhDs. The ratio between the top and the bottom in that company may be relatively...

Enterprise and Regulatory Reform Bill: Report (4th Day) (Continued) (11 Mar 2013)

Lord Blackwell: My Lords, I am sure that all of us who are directors of public companies agree with the spirit of the Bill: that directors have an obligation to carry shareholders with them and to win their support for policies on remuneration as on other matters. However, the noble Lord's particular point about having a special resolution to approve remuneration policy I found very difficult to follow. I am...

Financial Services Bill — Report (2nd Day) (Continued) (12 Nov 2012)

Lord Blackwell: My Lords, I am grateful to the noble Lords who have spoken to my amendment and to my noble friend the Minister for his response, in particular for his statement that he and the Government are sympathetic to its aims. It is a very difficult issue. As he and I recognise, full advice based on a full fact find is a very expensive process. Only a small proportion of the population with significant...

Financial Services Bill — Report (2nd Day) (Continued) (12 Nov 2012)

Lord Blackwell: My Lords, in moving Amendment 25F I should ask the House to take note of my interests as set out in the register. The purpose of this amendment is to make it explicit that the FCA is able and, indeed, required to balance the absolute objective of consumer protection against the desirability of ensuring that the costs and risks of regulation do not result in customer detriment by discouraging...

Financial Services Bill — Report (2nd Day) (12 Nov 2012)

Lord Blackwell: My Lords, it is difficult to disagree with the objective of appropriate codes of conduct in this industry but I am left wondering what the amendment adds to the state of current regulations. As the noble Baroness will know, there is a regime of approved persons in the industry and to be an approved person, and to hold any position of responsibility in financial services, you are required to...

Financial Services Bill — Report (1st Day) (6 Nov 2012)

Lord Blackwell: My Lords, despite the cogent words of the noble Lord, Lord Myners, I share the confusion on this side of the House about what these amendments are intended to do. Everyone agrees that it is vital that there should be strong oversight of the governor and the executives of the Bank by the non-executive directors and that we have proper accountability and scrutiny. But what is proposed here is a...

Financial Services Bill: Committee (8th Day) (17 Oct 2012)

Lord Blackwell: Before the noble Lord responds, clearly one area where the FCA has particular responsibilities are competition issues relating to the industry. Can my noble friend put on the record that, if a competition issue is raised in a crisis management situation, there will be an explicit expectation that the FCA would be involved it that?

Financial Services Bill: Committee (2nd Day) (3 Jul 2012)

Lord Blackwell: My Lords, I apologise to the House that I was unable to contribute to the Second Reading debate. The fact that all these amendments recognise the interlinking of financial stability policy and the wider economic objectives is a major step forward. However, the amendment proposed by the noble Lord, Lord Eatwell, is mistaken in its wording. It is a fallacy to believe that monetary policy and...

Economy: Deficit Reduction — Question (15 Dec 2011)

Lord Blackwell: My Lords, does my noble friend accept that the primary reason for our current deficit is the fact that public expenditure as a percentage of GDP grew from less than 40 per cent to close to 50 per cent in the first 10 years of this century? Will he confirm that the Government's primary focus is therefore to get public expenditure back down below 40 per cent, where it can be supported by an...

International Monetary Fund — Question (24 Nov 2011)

Lord Blackwell: My Lords, does my noble friend agree that it is undesirable for the IMF or indeed any other agency to fund the debts of any particular country unless that country has a sustainable plan to restore its international competitiveness?

European Union Bill: Commons Amendments and Reasons (13 Jul 2011)

Lord Blackwell: My Lords, the noble Lord, Lord Liddle, called his amendment sensible. We should be clear that it is a wrecking amendment. It requires the Government to assert that a proposal is of major constitutional and economic significance. The noble Lord himself said that no Government voluntarily submit to a referendum. No proposal would come into the scope of this Bill unless the Government had...

Education Bill — Second Reading (Continued) (14 Jun 2011)

Lord Blackwell: My Lords, like other noble Lords, I welcome the Bill, especially the focus on helping with discipline, the greater freedoms for academies and the emphasis on measuring ourselves against international standards. However, I want to focus on one area which is ignored in the Bill and has been neglected in government legislation so far, and I should like to explore whether it could be added to the...

NHS: Future Forum — Statement (14 Jun 2011)

Lord Blackwell: My Lords, I add my congratulations to my noble friend on his Statement which has certainly reassured me that the principles in the White Paper have been maintained. Can he elaborate a little more on the development of competition and choice to which he referred? The Statement says that Monitor's core duty will be to protect and promote the interests of patients, not to promote competition as...


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