Speech in Lords Chamber - Wed 25 May 2016 Queen’s Speech
"My Lords, I add my congratulations to the right reverend Prelate on her warm and human maiden speech.
I welcome in the Queen’s Speech the digital technology and pensions Bills and I hope that they will underpin what is needed in the two key areas that I will say a …..." Lord Flight - View Speech
"My Lords, it is appropriate that the noble Lord, Lord Harrison, should raise the issue of the current account deficit. Many people seem to have forgotten about it. Over the past 15 years it has amounted to some £700 billion and it has been financed by selling the family silver. …..." Lord Flight - View Speech
"My Lords, it seems a long time since the second Budget was announced. This second Finance Bill has had rather limited media coverage. I agree wholeheartedly with the comments of my noble friend Lord Cavendish about the need for infrastructure investment and about the success, going back into our history, …..." Lord Flight - View Speech
"My Lords, I regret that I do not have time to make my intended comments on the wider economy as I wish to focus on the importance of entrepreneurship and the problems now presented by the new EU state aid rules for the provision of risk equity finance for SMEs. …..." Lord Flight - View Speech
"My Lords, I will focus, separately, on the unusual period of 2007 to 2015 and the general long-term structural weakness in UK productivity growth. The UK economy did not get back to its 2007 level until the beginning of 2015, but with some 6% more people employed, remarkably. In a …..." Lord Flight - View Speech
"Does the Minister agree with Alistair Darling that the Government subsidising wages tends to depress wages and leads to overemployment, and thus poor productivity growth?..." Lord Flight - View Speech
"My Lords, voters in this country understand that the Government have done a pretty good job in bringing the economy back after the worst depression since the Second World War. I will only make the point that, first, it was that much worse here than in most of the European …..." Lord Flight - View Speech
"My Lords, I thank the Minister for listening to the various concerns in this territory and for the government amendments. I am aware that the insolvency industry is comfortable with the legislation as it now stands. It understandably has the view that it hopes creditor meetings will not disappear as …..." Lord Flight - View Speech
"Excuse me. I apologise for my extremely embarrassing mobile phone. Is the Treasury monitoring the extent of entrepreneurial activity and success in this country? Never in my lifetime have I known such an explosion of entrepreneurship, particularly among all the new technologies, where other government measures are helping. This is …..." Lord Flight - View Speech