"My Lords, my question concerns the Bank of England’s control over money supply. At what point, when the public are adopting cryptocurrencies, does the Bank lose control of the money supply? What calculation has the Treasury done, or has the Treasury done in conjunction with the Bank of England, to …..." Lord Fox - View Speech
"My Lords, on the point made by the noble Baroness, Lady Bennett, about not being obtuse, it is compulsory to be obtuse on this subject.
I again welcome the Minister to the Dispatch Box, with him having made a very accomplished maiden speech on the previous occasion which I boldly …..." Lord Fox - View Speech
"I am sorry—I can at least intervene at this point. The point that the Minister has made on a couple of occasions is not exactly right. The report that the International Agreements Committee put forward says that the idea that the way in which our democratic process is organised somehow …..." Lord Fox - View Speech
"We could extend the same question to the situation with Korea, where my understanding is that the current continuity agreement is being rolled over again prior to the negotiation of a new deal. Were a new Korea deal to be negotiated, the question would be the same as the one …..." Lord Fox - View Speech
"My Lords, I am somewhat confused by the dissonance between the Minister and the aforementioned noble Lord, Lord Livermore. When I questioned the noble Lord, Lord Livermore, on the same subject, he said that the Treasury was working on appropriate contract models. The Minister seems much more reticent about the …..." Lord Fox - View Speech
"My Lords, in 1964 the then Labour Government sought to separate the Treasury into two pieces: one to look after the short-term fiscal tax-raising element and one to look at economic development. The same tension exists today. Can the Minister tell your Lordships how the Treasury is balancing them? At …..." Lord Fox - View Speech
"My Lords, pick the bones out of that, if you wish. There is quite a lot to respond to there, to which I will not completely respond, but I think it characterises that this is an unusual ping-pong. Usually, most of it is cut and dried, and it is down …..." Lord Fox - View Speech
"My Lords, I am going to advance a different argument from that which we have just heard from the noble Lord, Lord Leigh. It is rather more philosophical and was touched on by the noble Lord, Lord Burns. He mentioned “inertia”, and inertia sells.
"My Lords, I think I am right in welcoming the Minister, noble Lord, Lord Collins, to the Bill. I too missed all of Report and so I thank my noble friends Lord Goddard, Lord Palmer and Lady Kramer for picking up the pieces. The Minister and I find ourselves at …..." Lord Fox - View Speech