Foreign Ownership of UK Assets

Debate between Earl of Courtown and Viscount Hanworth

Thursday 19th November 2015 Lords Chamber

[Viscount Hanworth]

My Lords, this has been an interesting debate in which we have heard a diversity of opinions. I wish to thank all speakers for their various contributions. I must also thank the Minister for his judicious summary. On Tuesday, he was kind enough to tell me of the nature of his brief, which informed him that there were no problems whatsoever with inward financial investment. In return, I promised not to take him to account for being so seriously misinformed.

[The Earl of Courtown]

My Lords, the noble Viscount has mentioned something that was said outside this Chamber. I feel that that is a little unfair.

[Viscount Hanworth]

I believe that the Minister also said the same thing in the Chamber. Be that as it may, I thank him for his response.

The Minister who bears responsibility for these matters at present is the noble Lord, Lord O’Neill. I trust that this debate will be brought to his attention.