(4 years, 9 months ago)
Grand CommitteeI understand that the noble Lord is for ever on his feet on a wide range of issues. I am probably putting the cart before the horse. If we go to the cart, I will come on to aspects of the management of the governance relating to these loans.
The noble Lords, Lord Shipley and Lord Tunnicliffe, and my noble friend Lord Deben referred to property investments being made by local authorities. Decisions on borrowing and spending capital are devolved to local authorities. They pick capital projects in line with local priorities and choose how to pay for those projects, including whether to borrow. Where local authorities borrow, they must have regard to the prudential framework—as set out by CIPFA and MHCLG, or the respective devolved Administration—to ensure that they borrow prudently.
If I may say so, the phrase “to ensure that their borrowing is prudent” covers a multitude of sins. My issue is not that local authorities should not be able to borrow or to make their own decisions, but if they make a number of decisions that mean that there is a change in the way in which the Public Works Loan Board is being used, does my noble friend not think that that issue should be raised in Parliament, not just left to the local authorities?
My Lords, the important fact that the noble Baroness mentions is that the advertising campaign concerning leaving the EU on 31 October is to ensure that the country as a whole, and business in particular, is aware that this is our plan.
Does my noble friend agree that Britain is—or has been—looked at by the rest of the world as an exemplar not only for good government but for perfect electoral practice? As we cannot manage the good government now, could we please get the electoral practice right?
My noble friend raises a couple of points. This is why I will reiterate what we announced in July—our Defending Democracy campaign—which will bring everything together in all departments to seek various areas of security and safety on the internet.
My Lords, could we not turn things round the other way and say that we are not going to grant licences unless there is a very clear argument that a particular licence is acceptable, rather than what we are doing at the moment, which seems to be that, unless you can find a very good example or reason not to, you grant the licence? Saudi Arabia is not a country we should be granting licences to, and it is time we said that.
My Lords, my noble friend makes a point regarding the granting of licences and how we should go about doing so in the future. As I have already said, we are considering the judgment that was laid down. We are not granting any new licences to Saudi Arabia or its coalition partners for items that could be used in the conflict in Yemen. We will be considering all these matters over the next few weeks.
(9 years ago)
Lords ChamberWill my noble friend make quite sure that whatever arrangements are made, they protect and support the remarkable new ocean reserve which is around the Chagos Islands? This is a proud part of Britain’s dealings in this area.
My Lords, the noble Lord, Lord Deben, refers to the marine protected area. He is quite right that this is one of the most important areas of biodiversity in that sort of environment on the planet.