Brexit: Positions on the Pound Debate
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Lord Lea of Crondall
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Brexit: Positions on the Pound
Lord Lea of Crondall Excerpts(4 years, 7 months ago)
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Lord Callanan
No, I do not agree with the comments of the noble Lord, Lord Macpherson, and it is frankly sad that a person of his reputation is indulging in these ridiculous conspiracy theories. As Forbes business magazine put it, this is yet another “tin-foil-hat conspiracy theory”.
Lord Lea of Crondall (Lab)
Is it the Government’s policy to avoid the pound falling below parity with the euro?
Lord Callanan
The Government supports a floating pound and it would be wrong of me to comment on what the appropriate level should be—it is for the market, at the end of the day.