"My Lords, the Government have U-turned on some of their insensitive Reaganomics, giving tax cuts and perks to the wealthy during a cost of living crisis for the wider population, but a harsh right-wing agenda is an integral part of the Tory Brexit plan. It may not have headlined beyond …..." Baroness Bowles of Berkhamsted - View Speech
"My Lords, I thank the Minister for introducing this regulation, which is consequential on the changes to powers laid out in the recent Financial Services Act—which we debated for many days earlier this year. As the Minister said, the matters covered today include the leverage ratio and the application of …..." Baroness Bowles of Berkhamsted - View Speech
"My Lords, I have tabled three similar amendments in this group, with increasing levels of requirements. Although they were drafted before we had the letters from the regulators, the correspondence from the Minister and today’s letter from the Economic Secretary, the amendments still have currency. Along with other amendments in …..." Baroness Bowles of Berkhamsted - View Speech
"My Lords, we have had a long and interesting debate, showing unanimous appetite for scrutiny by Parliament, recognising at least from Parliament’s side that there are changes happening now and that therefore this enhanced scrutiny also has to happen now. As the noble Baroness, Lady Noakes, has said—echoed by my …..." Baroness Bowles of Berkhamsted - View Speech
"My Lords, the Chancellor has put in place more support for the economy. Unfortunately, it still contains unfairness, especially to the self-employed, such as freelance musicians, which mars what are otherwise generous provisions. It is hard to see generosity going everywhere else, knowing that you will share in the payback. …..." Baroness Bowles of Berkhamsted - View Speech
"I want only to point out to the Minister that I believe she said in her reply that the “failure to prevent” offences were targeting financial services firms. That is not the case. They were targeting use of financial services. The difference is quite important because it is much more …..." Baroness Bowles of Berkhamsted - View Speech
"My Lords, I remind the Committee of my interests as in the register. I have two amendments in this group, one on facilitation of financial crime, which is also signed by the noble Lords, Lord Hodgson of Astley Abbotts and Lord Rooker, and my noble friend Lord Thomas of Gresford, …..." Baroness Bowles of Berkhamsted - View Speech
"My Lords, I declare my interests as set out in the register.
I have been in this House for five years, wondering what happens about our most important industry. Diligently commenting on unamendable statutory instruments, or having yet another debate about regulators’ failure, does not really cut it for parliamentary …..." Baroness Bowles of Berkhamsted - View Speech
"A congressional commission has given President Biden a 15-point list of priorities for reducing the probability of, and addressing recovery from, cyberattacks. Will the Government be referencing that plan as part of assessing UK preparedness, and discussing measures similarly with Parliament?..." Baroness Bowles of Berkhamsted - View Speech