Panama Papers

Debate between Baroness Stowell of Beeston and Lord Howarth of Newport
Monday 11th April 2016

(8 years, 7 months ago)

Lords Chamber
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Lord Howarth of Newport Portrait Lord Howarth of Newport (Lab)
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My Lords, on the question of international corruption, will the Government now abolish the tier 1 visa system, established in its present form by the coalition? It is effectively an arrangement for selling passports to wealthy foreigners with such due diligence as is performed carried out by banks, which the National Crime Agency tells us are laundering billions of dollars every year. For a loan to the Government of as little as £2 million invested in gilts, a so-called international investor can acquire the right to reside in Britain. Is the noble Baroness aware that this is a charter for money laundering while, in the words of the Migration Advisory Committee, bringing “absolutely no gain” to Britain in terms of the kind of international investment that we ought to be seeking? The largest number of tier 1 visas have been granted to wealthy individuals from Russia and China, many of whom have used their money to force up the price of homes in London, with the cascade of misery that follows from that. Will Russia and China be attending the anti-corruption summit in May?

Baroness Stowell of Beeston Portrait Baroness Stowell of Beeston
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I am not able to provide a full guest list of those who are going to be at the anti-corruption summit in May. On the noble Lord’s question about tier 1 visas, that is a matter that I will have to follow up with him in writing: it is not one that I have information on right now. I can say to him that part of the action that this Government have been taking over the past few years and will continue to take is about tackling money laundering. What we are trying to do here is tackle crimes. We want to eradicate corruption. We want to go after the criminals and do everything that we can. If there are avenues open to us that we have not yet pursued, we will be pursuing them with great vigour because that is what we want to achieve. All I can do is reassure the noble Lord that a lot has been done, but clearly there is more. If there is more that we can do, we will not be shy in coming forward with further steps.

European Union: United Kingdom Renegotiation

Debate between Baroness Stowell of Beeston and Lord Howarth of Newport
Thursday 4th February 2016

(8 years, 9 months ago)

Lords Chamber
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Baroness Stowell of Beeston Portrait Baroness Stowell of Beeston
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I always try to operate at a higher level.

Lord Howarth of Newport Portrait Lord Howarth of Newport (Lab)
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My Lords, is it not clear that the European Union is incapable of dealing with the greatest challenges which face it— monetary policy and migration—and that it is in decline relative to the global economy? Is it not also evident that supranational political institutions that disregard national sentiment do not endure and that the European Union fails to command the loyalty of its constituent peoples and can therefore be expected to disintegrate, just as did the Austro-Hungarian Empire, the Soviet Union and Yugoslavia? Should not British policy accord with the march of history?

Baroness Stowell of Beeston Portrait Baroness Stowell of Beeston
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That was an interesting lesson in history, but at the moment we are concentrating on trying to get a better deal for the British people as regards their current membership of Europe, which I will focus my remarks on today.

English Votes on English Laws

Debate between Baroness Stowell of Beeston and Lord Howarth of Newport
Thursday 2nd July 2015

(9 years, 4 months ago)

Lords Chamber
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Lord Howarth of Newport Portrait Lord Howarth of Newport (Lab)
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My Lords, the noble Baroness has offered no justification at all for the Government introducing major constitutional change by way of using their majority in the House of Commons to alter the Standing Orders of that House and that House alone—thereby sidelining this House, for which she should speak—and in the process annexing vast power for a majority of Conservative Members of Parliament in the southern part of England to impose their preferences on urban and northern communities where they have no representation. How is that fair?

On the matter of the duty laid upon the Speaker to certify that such measures would apply exclusively to England or England and Wales, as the noble and learned Lord, Lord Wallace of Tankerness, advised us, that will not be a straightforward matter. He cited the question of tuition fees, but the Statement envisages that there would be a veto, to be exercised by English MPs only, on decisions about the distribution of resources within England, or rates and thresholds of income tax within England. But let us suppose that there were lower rates of income tax in Newcastle than in Glasgow, or that a Government wished to stuff the northern powerhouse with gold: that would have a very important bearing on the fortunes of the Scottish economy. The Speaker would be asked to make not simply a judgment of fact or a technical judgment but a political judgment, and that would not be fair.

Finally, the Leader of the House of Commons says, rather grandly and rather absurdly, “Today, we are answering the West Lothian question”. Does that mean that the noble Baroness can give us an assurance that this Government will have no truck with proposals for an elected second Chamber or a federal second Chamber?

Baroness Stowell of Beeston Portrait Baroness Stowell of Beeston
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I hope that the House will forgive me if I do not answer all the questions that the noble Lord has asked; I think that he extended them beyond the number that we would normally have time for. He suggested that I had somehow played a part in annexing powers. I cannot stress enough to the noble Lord and to the House that the way in which we operate, how we do our business and the powers that we have are not affected by the changes happening in the other place. We will continue to be able to do precisely what we do now. The change is taking place in the Commons. When we seek to amend a Bill and it applies specifically and only to England, clearly it is right that the English MPs have a voice. However, as I have said, the House of Commons as a whole will retain its voting rights.