"What is happening to this and the spending review as well as the much-talked-about Green Book review as well as the promised paper on devolution? Surely the ongoing consequences of this crisis suggest an even greater need for true levelling up rather than excuses and repeated delays...." Lord O'Neill of Gatley - View Speech
"My Lords, I would like to thank and congratulate the Chancellor and his advisers in the Treasury for speed and agility of their economic policy response. I recall that in his response to our debate on 18 March, the Minister described my proposal for a version of a people’s QE …..." Lord O'Neill of Gatley - View Speech
"My Lords, I welcomed the broad spirit and nature of the Chancellor’s Budget, much of which was, of course, designed before the realities of Covid-19. It was focused on a policy to significantly boost investment spending, so-called levelling up and giving proper attention to the northern powerhouse, all of which …..." Lord O'Neill of Gatley - View Speech
"My Lords, my frank answer is that I do not know, but the longer that we delay an imaginative and forceful response, the risk of what the noble Lord has just described will rise. The whole reason why I am suggesting such a very unconventional and dramatic policy approach now …..." Lord O'Neill of Gatley - View Speech
"I apologise—I am not sure of the appropriate convention. We do not have weeks to have this debate; we need to act now...." Lord O'Neill of Gatley - View Speech
"My Lords, it is a pleasure as well as an honour briefly to speak in this debate. I congratulate the noble Lord, Lord Howell, on securing it and join others in commending the tremendous work that he has conducted in his committee. I can only hope that his example is …..." Lord O'Neill of Gatley - View Speech
"To echo the words and spirit of the noble Lords, Lord Howell and Lord Grocott, it is exceptionally important that the UK be on the front foot at the G20, with thought and serious attention. As a final thought in the spirit of the interesting comments of the noble Lord, …..." Lord O'Neill of Gatley - View Speech
"My Lords, I want to start by flattering the noble and learned Lord, Lord Hope, for his very wise words early in this debate, which have given me a little more belief in my own hunches. As suboptimal as the Government’s deal is, it might be the least suboptimal of …..." Lord O'Neill of Gatley - View Speech
"My Lords, I, too, congratulate the right reverend Prelate the Bishop of Lincoln on his excellent maiden speech. By complete coincidence, I attended a wedding last Friday at which at least half of those present came from that proud county, so I can vouch that they appear to be a …..." Lord O'Neill of Gatley - View Speech
"My Lords, despite a lot of obvious things that—understandably—worry many people around the world, in fact the world economy has strengthened quite notably in 2017. Based on many of the indicators that I have followed for a very long time, the world economy is ending 2017 on a cyclically rather …..." Lord O'Neill of Gatley - View Speech