My Lords, it is a pleasure to follow the noble Baroness, Lady Scott, who chaired the proceedings of the committee with considerable skill and good temper, as we were all searching for data which does not exist and may never exist, I suspect, given the Government’s priority list. She gave us a good l…
Order. We have quite a tight time limit, and everybody wants to hear from my noble friend and for her to be able to respond, so if my noble friend could finish—
My Lords, it is a great pleasure for me on behalf of these Benches, this side of the House, to congratulate the noble Baroness, Lady Gill, on her admirable maiden speech. She referred to feeling a little intimidated coming here and to the experience and depth of knowledge in this House, but from her…
LordsOral Questions20 November 20252 contributions
My Lords, I am grateful for this opportunity to revisit one of the darker corners of the financial services sector and to see what has altered since noble Lords last debated the issue in 2022. The excellent Library brief defines private equity as “a managed fund”, aiming to secure “a controlling sha…
My Lords, I will speak on the role of private equity within the modern pensions landscape and, in particular, the implications of the Government’s Mansion House reforms for the Local Government Pension Scheme and long-term investment in the United Kingdom. The reforms announced in 2024 mark an impor…
My Lords, I oppose Amendment 147. The compromise formula that my noble friend Lord Barber has just talked about was a very practical solution to a tricky problem in the period when the noble Lord, Lord Burns, and his committee did such good work. However, I take issue with his claim that it was some…
My Lords, I am grateful to my noble friend Lord Hendy for directing our attention to collective bargaining, its historic importance in our national life and its relevance today.
Many in this Chamber today might know that the hero of establishing that collective bargaining system, which has been tal…
I was just sitting here looking at the noble Lord, a member of Mrs Thatcher’s Cabinet, with another one over there, the noble Lord, Lord Deben. When they passed a major piece of legislation, were there were any cases where you went to Mrs Thatcher and said, “Can we have an independent assessment of …
I was around when the noble Lord, Lord Burns, was chairing his committee and I was involved on the fringes of some of the work that was done. From the unions’ side, we appreciated very much what he did and the work the committee did with his colleagues. Getting that kind of arrangement was a get out…
I look forward to that degree of clarity in Conservative Party funding. We could all be enlightened by the explanation that I believe is about to come. We are talking about an amount of—
My Lords, it is commonplace for individuals who express personal views that clash with the ethos of a particular company or institution to run into some trouble. Gary Lineker is the latest and most topical example, for displaying material that is considered to be antisemitic. My first experience, ag…
Oh, he has already done it—very good.
Let us be real about this. A lot of situations call for tact and diplomacy, and for us to be careful about the way we express difficult thing. A lot of people do not do that; they say what they like, thinking it is totally justified, and they get into difficult…