"My Lords, I thank the Minister for the Statement. I do not know whether he has read it lately, but I have here an excellent document, The Coalition: Our Programme for Government, in which Nick Clegg and David Cameron promised,
“radical plans to reform our broken banking system”.
"My Lords, like the noble Lord, Lord Eatwell, I was rather struck by the word “intergenerational” in the draft charter for budget responsibility. The Treasury’s objectives for fiscal policy are to,
“ensure sustainable public finances that support confidence in the economy”,
"My Lords, I listened at considerable length to the Minister reading out his brief in response to the amendments but I wondered whether, by any chance, he could do me the courtesy of answering my question, which I thought was fairly simple and clear. Why are we having just the …..." Lord Oakeshott of Seagrove Bay - View Speech
"I am glad that we are starting to get the matter addressed, but this is Committee stage and it is no good, if I may say so, taking a Civil Service attitude of, “We’ll think about anything that comes in”. This is Committee stage. I have made a proposal and …..." Lord Oakeshott of Seagrove Bay - View Speech
"I rise briefly strongly to support the amendment. The noble Lord, Lord Sassoon, might be pleased to know that I had the pleasure of serving under the noble Lord, Lord Peston, for several years on the Economic Affairs Committee and sub-committee and he was as peppery then as he is …..." Lord Oakeshott of Seagrove Bay - View Speech
"It is not just under this Government that that has been happening; it is a problem with the Treasury generally, although it has been happening particularly under this Government. If the Treasury made a bit more effort to answer Questions honestly and fully the first time, we would not need …..." Lord Oakeshott of Seagrove Bay - View Speech
"My Lords, I am sure that I misheard the Minister, but he seemed to imply that it was inevitable that mortgage lending is so low at this stage of the cycle. There is nothing inevitable about it. The fact is that the banks are not lending as they should and …..." Lord Oakeshott of Seagrove Bay - View Speech
"Well, my Lords, that was the noble Lord, Lord Peston, at his peppery professorial best. I welcome what he said about Trident. I hope he will be paying tribute to the Liberal Democrats in Government. We are not meant to brag about this too much but I am still going …..." Lord Oakeshott of Seagrove Bay - View Speech
"My Lords, non-dom tax status is an enormous open invitation to tax avoidance, as we know only too well from our battles to deal with non-doms in this House. Is the Minister aware of the Liberal Democrat tax manifesto pledge to make non-doms pay their full British tax after seven …..." Lord Oakeshott of Seagrove Bay - View Speech