"My Lords, my noble and learned friend Lord Mackay is absolutely right, as is the noble Lord, Lord Rooker—the two things go together. When I was Chancellor some years back, I reduced tax rates substantially, eliminated a whole range of allowances and indeed abolished some stupid taxes altogether, and the …..." Lord Lawson of Blaby - View Speech
"My Lords, while it is certainly very desirable that more houses are built in this country, does my noble friend not agree that the real problem is still the unmet need to streamline and speed up the planning process? Would it not be a good idea if all sides of …..." Lord Lawson of Blaby - View Speech
"My Lords, is it not simply the case that the 0.5% policy rate was a crisis rate, set because of the economic crisis in which this country was plunged, and the fact that we are now likely gradually to come to more normal rates of interest is a tribute to …..." Lord Lawson of Blaby - View Speech
"My Lords, while the operational independence of the Bank of England on monetary policy is of the first importance, would my noble friend consider saying gently to the governors that their authority would be greater and the effectiveness of monetary policy enhanced if they were to talk rather less about …..." Lord Lawson of Blaby - View Speech
"My Lords, does my noble friend agree that it is far more important to focus on making the poor richer than on making the rich poorer?..." Lord Lawson of Blaby - View Speech
"My Lords, once again, I am extremely grateful to my noble friend Lord Deighton and his colleagues in the Treasury for agreeing to bring forward this amendment. As he pointed out, it is in response to a recommendation of the Parliamentary Commission on Banking Standards. Hitherto the Treasury has been …..." Lord Lawson of Blaby - View Speech
"I am most grateful, but will my noble friend agree to look further into this and, if there is a constraint, to write to me?..." Lord Lawson of Blaby - View Speech
"My Lords, it is incumbent on us to respond to the very kind words of my noble friend Lord Deighton. As he said, the Bill has been completely transformed. I have been a Member of this House for a very long time now but I cannot recall a Bill—let alone …..." Lord Lawson of Blaby - View Speech
"My Lords, I thank my noble friend Lord Deighton for putting forward this amendment. As he said, it is something which the banking commission, of which I had the honour to be a member, has been calling for. It is extremely welcome and it is very good that he has …..." Lord Lawson of Blaby - View Speech
"My Lords, once again I would like to thank the Government and, in particular, my noble friend Lord Deighton, for moving this amendment. It is in response to a strong recommendation that was encapsulated in a specific report on this subject among the five reports from the Parliamentary Commission on …..." Lord Lawson of Blaby - View Speech