Financial Services Bill

Baroness Henig Excerpts

Report stage
Wednesday 24th March 2021 Lords Chamber

We very much welcome the inclusion of government Amendments 43, 47 and 49 in this Bill. While this was the right thing to do, I do not doubt that the Minister had to do some persuading with his Treasury colleagues and we thank him for that. These amendments represent another step in creating a cross-departmental approach to tackling climate change and, in due course, meeting our net-zero targets. I look forward to the Minister’s response to our amendments today and to hearing the specific reassurances we seek in order to move forward more fully with a credible package of actions to deliver our climate change obligations.

[The Deputy Speaker (Baroness Henig) (Lab)]

I understand we now have the noble Lord, Lord Holmes of Richmond, back to finish his speech, so I call him at this point.

[Lord Holmes of Richmond (Con) [V]]

My Lords, I shall not detain the House for long at this stage. I fear I got cut off just as I was extolling the virtues of how new technologies could help in this endeavour. I support the amendments in the name of my noble friend the Minister and look forward to his explanation of them.

--- Later in debate ---

[The Deputy Speaker (Baroness Henig) (Lab)]

My Lords, there being an equality of votes, in accordance with Standing Order 55, I declare the amendment disagreed to.

Amendment 3 disagreed.

[The Deputy Speaker (Baroness Henig) (Lab)]

We now come to the group beginning with Amendment 4. Anyone wishing to press this or anything else in this group to a Division must make that clear in debate.

Amendment 4

Moved by