"My Lords, unless I have badly understood, which is quite possible, Bain & Co came close to purchasing Liverpool Victoria Financial Services—the bid was finally rejected last December. What powers would the regulators have had, with their oversight of Bain & Co’s behaviour in other countries, to intervene in that …..." Baroness Kramer - View Speech
"My Lords, may I take this opportunity to say on behalf of these Benches how much we appreciate the honour and integrity that has just been displayed by the Minister’s resignation? His resignation has not yet been accepted, so he still remains the Minister, but I do not think anybody …..." Baroness Kramer - View Speech
"My Lords, obviously I will not oppose this statutory instrument, but it raises a number of issues which need to be explored, and I shall look forward to the Minister’s response to our concerns. We raised these concerns during the passage of the Financial Services Act 2021, but they have …..." Baroness Kramer - View Speech
"My Lords, any money launderer worth his or her salt is no longer going through the banks. They are basically engaged in Web3 and using decentralised finance, known as DeFi for short. Does the Minister understand that this makes even more critical the kind of register the noble Lord, Lord …..." Baroness Kramer - View Speech
"My Lords, I wonder if I can press the Government, because the Bank of England is looking closely at a central bank digital currency. Many have suggested that this will be the substitute for cash in the future, but its characteristics are quite different, in many ways, from cash. Can …..." Baroness Kramer - View Speech
"My Lords, I start with a sad farewell to the right reverend Prelate the Bishop of Newcastle. I hope that her words today on the importance of investing in our children will be heard by all parties and all sides—not only by those sitting in this debate but by their …..." Baroness Kramer - View Speech
"My Lords, I begin by welcoming the noble Lord, Lord Altrincham, to the House. I think that is a maiden speech that we are all going to remember. We particularly look forward to hearing him speak on Treasury issues but also very much on mental health issues. If one had …..." Baroness Kramer - View Speech
"My Lords, I am the first of the winding speakers. I have listened to many debates in this House, but it is very rare to hear speech after speech of the quality that we have had today. Frankly, it makes it even more galling that the other place dealt with …..." Baroness Kramer - View Speech
"Before the Minister leaves this area of exploration, does he have an answer to my question on whether the Government will pick up the costs of the additional national insurance to be paid by those to whom local government outsources services? I believe it is a yes or no answer...." Baroness Kramer - View Speech
"My Lords, according to the CBI, the obstacle that most frequently holds back business from taking action towards net zero is uncertainty, especially about the Government’s fiscal policy on the environment. Can the Minister assure the House that the Budget on 27 October will provide a clear net-zero fiscal strategy …..." Baroness Kramer - View Speech