"My Lords, I have listened to the debate this afternoon with great pleasure, and I must say with growing agreement with what was said—until I heard the contribution of the noble Lord, Lord Faulks, who said that sentencing should be a matter for the Government of the day. That is …..." Lord Davies of Stamford - View Speech
"My Lords, I want to refer to the case of my mother-in-law, a person of whom I was extremely fond, but I must make it quite clear that she was not a campaigner for law reform in this area. Indeed, she was not a campaigner at all; by instinct she …..." Lord Davies of Stamford - View Speech
"My Lords, it is a great pleasure to follow the noble Earl. We sit together on the same Sub-Committee, and I endorse everything he said about financial regulation.
It has been a most extraordinary debate. We have had three very original, very lucid, very remarkable speeches from a personal point …..." Lord Davies of Stamford - View Speech
"My noble friend asked rhetorically whether there was any reason to suppose that, if we came out of the EU, our level of support to our agricultural sector as a separate country would be any less than it currently is within the EU. I put it to him that there …..." Lord Davies of Stamford - View Speech
"My Lords, I should like to comment briefly on two contributions this evening that should not be left unanswered or uncommented on. One was a contribution from the noble Lord, Lord Higgins, which I shall come to in a moment. The other was the recent remarks of the noble Lord, …..." Lord Davies of Stamford - View Speech
"My point is that if we had a free-for-all, it would start off at £75,000, which is roughly the equivalent of €100,000—that is why we have that figure. Some member state might well then be tempted to say “We will offer €150,000”, then somebody else would come back and say, …..." Lord Davies of Stamford - View Speech
"There could be economic advantages in doing that; equally, there are other advantages in having tax competition. I am rather in favour of the latter, as tax competition produces downward pressure on the level of taxes. A free-for-all in retail deposit insurance produces upward pressure on the guarantee and therefore …..." Lord Davies of Stamford - View Speech
"I come now to my second point, which relates to what was said by the noble Lord, Lord Wigley. A citizen of this country is entitled to think that the politicians who he or she pays for will do an honest job in a case like this, by not merely …..." Lord Davies of Stamford - View Speech
"The whole point is that the individual campaigns will not have access to the material which the Government will have produced. It is essential that the public have access to that; if they cannot have access to it through the campaigns, the campaigns themselves will not know what material the …..." Lord Davies of Stamford - View Speech