Found: Lord Burns: Many observers commented that the previous five-year rule was easy to game; indeed, we

Found: It was chaired by Lord Burns at the time.

Found: Q5 Lord Burns: One of the problems we have with this—we have taken some evidence on it—is, of course

Found: Q8 Lord Burns: You have mentioned that one of the issues in the choice between PSND and PSND ex-Bank

Found: I regularly attended debates, with Lord Cormack, Lord Burns and others speaking.

Found: The Chair: That is a nice segue into Lord Burns. Q4 Lord Burns: Good afternoon, Chancellor.

Found: 2024 4.15 pm Watch the meeting Members present: Lord Bridges of Headley (The Chair); Lord Blackwell; Lord

Found: The Chair: I am going to bring in Lord Burns, another gentleman who knows his onions.

Found: 2024 3 pm Watch the meeting Members present: Lord Bridges of Headley (The Chair); Lord Blackwell; Lord

Found: Q187 Lord Burns: I should point out that many years ago Stephen and I worked together in the Treasury

Found: Q157 Lord Burns: It has come up several times that interest rates are a key variable in this debt-sustainability

Found: Lord Burns will ask about other aspects of this. Q4 Lord Burns: Good afternoon, Governor.

Found: 2024 3 pm Watch the meeting Members present: Lord Bridges of Headley (The Chair); Lord Blackwell; Lord

Found: Committee are: Lord Agnew of Oulton Lord Gilbert Baroness Bowles of Berkhamsted Lord Hollick (Chair) Lord

Found: 2024 3 pm Watch the meeting Members present: Lord Bridges of Headley (The Chair); Lord Blackwell; Lord

Found: Lord Burns: I am a Cross Bench Peer.

Found: Q95 Lord Burns: I would like to press a bit further this whole question of the independence of regulators

Found: Q72 Lord Burns: I will press a bit further on this question of the independence of the CMA.

Found: Wednesday 29 November 2023 10.30 am Watch the meeting: Members present: Lord Hollick (The Chair); Lord

Found: goes quite some way to addressing that issue, just as the work that the Welsh Government asked Lord

Found: The main benefit—and the reason that Lord Burns was so keen on it—was that it would allow you to get

Found: Q55 Lord Burns: Can I press just a little further on this issue of the independence of regulators?

Found: Members present: Lord Hollick (The Chair); Lord Agnew of Oulton; Baroness Bowles of Berkhamsted; Lord

Found: Members present: Lord Hollick (The Chair); Lord Agnew of Oulton; Baroness Bowles of Berkhamsted; Lord

Found: Members present: Lord Hollick (The Chair); Lord Agnew of Oulton; Baroness Bowles of Berkhamsted; Lord

Found: his submission to the Lord Speaker’s 2017 Committee on the size of the House of Lords, chaired by Lord

Found: The Lord Speaker’s committee on the size of the House, chaired by Lord Burns and reporting in 2017

Found: Members present: Lord Hollick (The Chair); Lord Agnew of Oulton; Baroness Bowles of Berkhamsted; Lord

Found: Members present: Lord Hollick (The Chair); Lord Agnew of Oulton; Baroness Bowles of Berkhamsted; Lord

Found: Members present: Lord Hollick (The Chair); Lord Agnew of Oulton; Baroness Bowles of Berkhamsted; Lord

Found: Members present: Lord Hollick (The Chair); Lord Agnew of Oulton; Baroness Bowles of Berkhamsted; Lord

Found: An excellent suggestion which has been already been put to Lord Burns during an oral evidence session

Found: We had the reports by Lord Hendy and Lord Burns on the M4 alternatives.

Found: Lord Turnbull Lord Macpherson of Earl’s Court Lord Wilson of Dinton Lord Kerslake Lord

Found: : Lord Agnew of Oulton Lord Hollick (Chair) Baroness Bowles of Berkhamsted Baroness McGregor-Smith Lord

Found: Q76 Lord Burns: Minister, does the plan for water go far enough in reducing water use?

Found: Government Tuesday 4 July 2023 4.05 pm Watch the meeting Members present: Lord Hollick (The Chair); Lord

Found: Government Tuesday 4 July 2023 4.05 pm Watch the meeting Members present: Lord Hollick (The Chair); Lord

Found: Q31 Lord Burns: You will have seen that many of our discussions have been dominated by the problem

Found: Q31 Lord Burns: You will have seen that many of our discussions have been dominated by the problem

Found: Instead, the WG set up the South East Wales Transport Commission, chaired by Lord Burns (a former

Found: : Baroness Taylor of Bolton (The Chair); Lord Agnew of Oulton; Baroness Bowles of Berkhamsted; Lord

Found: : Baroness Taylor of Bolton (The Chair); Lord Agnew of Oulton; Baroness Bowles of Berkhamsted; Lord

Found: Lord Burns asked the witnesses whether the Office for Students engaged ‘any better with students

Found: Q143 Lord Burns: Good morning.

Found: Q125 Lord Burns: I would like to ask about the designated quality board.

Found: were also present (Standing Order No. 137A): Lord Agnew of Oulton , Baroness Bowles of Berkhamsted , Lord

Found: Q120 Lord Burns: Good morning.

Found: Lord Burns: We have had quite a lot of people saying that they are not really approaching it in that

Found: evidence: The Office for Students Tuesday 25 April 2023 11.30 am Watch the meeting Members present: Lord

Found: evidence: The Office for Students Tuesday 25 April 2023 10.30 am Watch the meeting Members present: Lord

Found: Lord Burns: Are the minutes of your meetings published?

Found: Burns; Viscount Chandos; Lord Cromwell; Lord Gilbert of Panteg.

Found: : Baroness Taylor of Bolton (The Chair); Lord Agnew of Oulton; Baroness Bowles of Berkhamsted; Lord

Found: : Baroness Taylor of Bolton (The Chair); Lord Agnew of Oulton; Baroness Bowles of Berkhamsted; Lord

Found: That was Terry Burns, now Lord Burns.

Found: Lord Burns: It is effectively saying that we have more capital.

Found: Q298 Lord Burns: You say that hindsight is a wonderful thing and that 22 exceptional events could not

Found: Lord Burns: It is effectively saying that we have more capital.

Found: are: Lord Agnew of Oulton Lord Gilbert of Panteg Baroness Bowles of Berkhamsted Lord Hollick (Chair) Lord

Found: Burns; Viscount Chandos; Lord Clement-Jones; Lord Cromwell; Lord Leong; Baroness McGregor-Smith;

Found: Watch the meeting Members present: Baroness Taylor of Bolton (The Chair); Lord Agnew of Oulton; Lord

Found: Q26 Lord Burns: I turn to some of the financial risks involved in what we have been discussing this

Found: Lord Burns: You have said that it is overdetailed, and I can see why you say that, but it also seems

Found: Exchange plc Chair, HCB Holdings Ltd Member, Special Advisory Committee, Valloop Limited Lord

Found: A Commission was set up, chaired by Lord Burns, to investigate alternative measures to reduce congestion

Found: A Commission was set up, chaired by Lord Burns, to investigate alternative measures to reduce congestion

Found: Lord Burns: How far is this issue about the trade-off between bills and investment a matter for Ofwat

Found: I know that Lord Burns met directly with Sir Peter Hendy about the review, and we were very pleased

Found: Burns; Lord Cromwell; Baroness Donaghy; Baroness McGregor-Smith; Lord Reay; Lord Sharkey.

Found: Lord Burns: What was the result of that stress test of the rise of 100 basis points, and what did

Found: the meetingMembers present: Lord Hollick (The Chair); Lord Blackwell; Baroness Bowles of Berkhamsted; Lord

Found: meetingMembers present: Lord Hollick (The Chair); Lord Agnew of Oulton; Baroness Bowles of Berkhamsted; Lord

Found: Lord Burns: I would like to get a better feel of the relationship between you and Ofwat when it comes

Found: Lord Terry Burns. 2 This was a four-year appointment with a three day per week time commitment. 3 Lord

Found: Q4 Lord Burns: You have explained something about the drivers of increasing compliance costs.

Found: agreed to provide some examples of what a departmental Outcome Delivery Plan entails in response to Lord

Found: Baroness Noakes: Thank you, Minister.11 Q8 Lord Burns: I declare a continuing role as an adviser to

Found: Lord Burns gave evidence to the Hendy review, making the very powerful case that Sir Peter Hendy was

Found: of the Select Committee on Economic Affairs are: Baroness Bowles of Berkhamsted Baroness Kingsmill Lord

Found: Burns; Viscount Chandos; Baroness Kingsmill; Lord Livingston of Parkhead; Lord Monks; Lord Skidelsky

Found: Q4 Lord Burns: I declare an interest as a trustee of two arts organisations that have used the job

Found: Lord Burns: Governor, could I press you a little on the issue of the remit?

After initial reluctance from the Budget Responsibility Committee's Chairman, Lord Burns, to provide it, Treasury Committee staff have now reviewed the e-mail exchange between the Treasury and the OBR in the 'pre-release access period' leading up to the publication of the OBR's December 2014 Economic and Fiscal Outlook.

The correspondence shows that, during this period, a number of non-factual requests for changes to the OBR's Economic and Fiscal Outlook were made by Treasury officials. Some were taken on board by the OBR. While these changes made no material difference to the content of the publication, they raise concerns about the terms of engagement between the OBR and Government officials. These should now be clarified.

Question to the Department for Transport:

To ask the Secretary of State for Transport, what recent progress he has made on the provision of relief lines to allow additional capacity on the South Wales mainline in South Wales.

Answered by Huw Merriman

The government is investing in an enhancement of the Relief Lines between the Severn Tunnel and Cardiff. The proposed increase in line speed and capacity would improve the performance of existing passenger and freight trains and enable the operation of additional local services as set out in the recommendations of Lord Burns’ South East Wales Transport Commission. The Full Business Case for this scheme is on target to be delivered by the end of the year.

Question to the Department for Transport:

To ask the Secretary of State for Transport, if he will work with the Welsh Government on a multimodal review of the North Wales transport corridor to develop improvements of (a) the North Wales Main Line, (b) connectivity with HS2, (c) electrification), (d) the A55, (e) the M53, (f) the M56, and (g) travel to and from the island of Ireland.

Answered by Richard Holden

Lord Hendy of Richmond Hill’s independent Union Connectivity Review recognised the importance of transport connectivity right across our United Kingdom recommended that a multimodal review of the North Wales transport corridor be undertaken.

It is the UK Government’s clear view that we should work towards improving transport via all modes in order to ensure that opportunity is available to all in every part of our United Kingdom. This includes via road, which in addition to private car and motorcycle, also carry the overwhelming majority of freight and over three-quarters of public transport users, especially from lower-income and elderly groups by bus and younger people via long-distance coach travel.

Following the Union Connectivity Review, the Welsh Government subsequently announced the establishment of the North Wales Transport Commission, led by Lord Burns, to assess the transport system in North Wales.

We will consider any recommendations that Commission makes and to the Union Connectivity Review in due course but it’s clear from the UK Government’s recent announced investment in Holyhead in Ynys Mon that the UK Government understand the value and importance of the North Wales Traffic Corridor across all modes of transport.

Question to the Wales Office:

To ask the Secretary of State for Wales, whether he has had recent discussions with the Secretary of State for Transport on (a) upgrades to the South Wales relief line and (b) the rail-related recommendations in the report by Lord Burns entitled South East Wales Transport Commission: final recommendations, published on 26 November 2020.

Answered by David T C Davies

I have regular discussions with the Transport Secretary on a range of transport issues, including infrastructure in Wales.

We have recently announced a further £2.7 million study with Welsh Government, funded by the UK Government, to develop options for new stations and services on the South Wales Main Line.

The study follows Lord Hendy’s recommendations from his review of transport connectivity across the UK, which put forward the need to relieve congestion on the M4. A series of options will be considered as part of this study, among which is the development of five brand new stations between Cardiff and Severn Tunnel.

Found: time of the 1999 a ct, argued for a 15-year term -limit, in preference to a retirement age of 80. 48 Lord

Found: upgrades to the South Wales relief line and (b) the rail -related recommendations in the report by Lord

Found: time of the 1999 a ct, argued for a 15-year term -limit, in preference to a retirement age of 80. 48 Lord

Found: The Commission is chaired by Lord Burns; its other members are the Rt Hon Jack Straw, the Rt Hon Lord

Found: The Commission’s Chairman, Lord Burns, also published a message.

Found: Lord Burns asked what account was taken of the potential fiscal costs when decisions on QE were made

The report recommends that the Government immediately spends £8 billion to restore social care to acceptable standards and then introduces free personal care over a period of 5 years.

The Committee finds that the UK Statistics Authority is at risk of being in breach of its statutory duties on the publication of statistics, by refusing to correct an error that it openly admits exists in the Retail Prices Index (RPI).

The Government will struggle to take control of immigration post-Brexit unless major improvements are made to the quality of migration data upon which it currently relies, the Economic Affairs Committee says today in its report into Brexit and the Labour Market

The system of post-school education in England is not a system. It is unbalanced in favour of full time university degrees, and as a result offers poor value for money to individuals, taxpayers and the economy. It requires immediate reform.

The Economic Affairs Committee holds an evidence session investigating blockchain technology and its potential uses to Government.

The Economic Affairs Committee in its report "The Price of Power: Reforming the Electricity Market" has stated that constant intervention by successive governments in the electricity sector has led to an opaque, complicated, and uncompetitive market that fails to deliver low cost and secure electricity.

The House of Lords Economic Affairs Committee throughout the year takes occasional one off evidence sessions on a range of topics.

• The Economic Case for HS2 - Call for Evidence

The inquiry was the first the Committee have undertaken under the new Chairmanship of Lord Hollick. The scope of the inquiry was limited to the economic case for the development of HS2. It did not cover aspects of planning or the impact of the Hybrid Bill on individuals with property on the proposed HS2 route.

The House of Lords Economic Affairs Committee throughout the year takes occasional one off evidence sessions on a range of topics.

The House of Lords Economic Affairs Committee throughout the year takes occasional one off evidence sessions on a range of topics.

The House of Lords Economic Affairs Committee throughout the year takes occasional one off evidence sessions on a range of topics.

The House of Lords Economic Affairs Committee throughout the year takes occasional one off evidence sessions on a range of topics.

The Economic Affairs Committee in its report "Building more homes" has strongly recommended that the Government must lift its target by 50% and build 300,000 homes each year to tackle the housing crisis. It also suggests that Local authorities and housing associations must be freed to build substantial numbers of homes for rent and for sale.

In the report, the Committee regret that MPs did not have the opportunity to scrutinise the fiscal framework before the Scotland Bill passed through the House of Commons and say that it should not move to Committee stage in the House of Lords, the first stage where amendments can be made to the Bill, until the framework is agreed by the UK and Scottish Government and published.

Audit is dominated globally by the Big Four. The narrow field of choice raises concerns about competition and the quality of audited accounts, and about possible conflict of interest between audit and consulting arms. Questions have also arisen whether auditors could have mitigated the banking crisis of 2008 by alerting investors to the riskiness of the assets held by banks.

• Call for Evidence
• Further information and correspondence

On Tuesday 11 October the Chairmen and CEOs of major banks gave evidence to the Lords Economic Affairs Committee in the first of two evidence sessions into the Independent Commission on Banking report.

The evidence session can be viewed using the link below:
Ev.1 Tuesday 11 October

On Tuesday 18 October at 3.30pm, the Committee will hear from Sir John Vickers, Chairman of the Independent Commission on Banking.

The evidence session can be viewed using the link below:
Ev.2 Tuesday 18 October

The Committee's report was published on Thursday 1 December at 9am.

Final Report of the Independent Commission on Banking

The Call for Evidence was issued on 1 May 2012. The deadline for submissions was 1 October 2012.

• Call for evidence
• Inquiry timeline

• Call for evidence

Recent high profile cases involving multinational firms have raised the profile of the level of tax paid by large corporations and it has been suggested that for large firms corporation tax is becoming now a voluntary arrangement.

• Is there a good rationale for the existing system of taxing corporate profits? Who bears the burden of corporation tax?
• What proportion of total tax receipts should come from corporation tax?
• How vulnerable are UK corporation tax revenues to recession or tax avoidance?
• How does corporation tax affect decisions by firms on where to locate, how much to invest and where to declare profits?
• Should the taxation of SME’s be reformed? Do schemes such as Enterprise Investment Scheme leverage extra investment in the UK and do they represent good value for money?
• Is there a need to reform the basis of the international allocation of multinational profits between countries? Should this be based on existing conventions as suggested by the OECD or is there a need for more fundamental reform?
• Is there a meaningful distinction between ‘harmful’ and ‘fair’ tax competition?
• How successful is HMRC in dealing with large international business?
• Has the use of aggressive tax avoidance schemes increased or decreased over the last decade?
• Should the promoters of aggressive tax avoidance schemes be named and shamed?
• Is there a need for greater transparency by multinational companies in declaring tax paid in different countries?

• Call for Evidence

The Committee will consider the possible impact of shale gas and oil on the UK economy following evidence from the United States that suggests that shale gas can be extracted using current technology and make a substantial impact on the national economy and in the areas where production is centred.

Questions

The Committee are seeking evidence on:

• How much scope is there for shale gas and oil to be used in the UK? Over what timeframe?
• How will the costs, including those on the environment, of accessing the UK’s shale gas and oil compare to those of other energy sources?
• What is the potential impact of shale gas and oil on the local economies in areas where development is possible?
• What forms of electricity generation is shale gas likely to displace and by how much?
• What impact will shale gas and oil have on household energy bills?
• What effect will the use of shale gas and oil have on carbon emissions compared to other combinations of energy sources?
• Will shale gas and oil increase UK energy security?
• What lessons can be learnt from the US experience of shale gas and oil?

No description available

No description available

UK public sector net debt, often referred to as ‘national debt’, currently stands at just under 100 per cent of GDP.

Found: Following a n investigation carried out by Lord Burns, the tribunal required to con sider allegations

Found: The consultation misrepresents the findings of Lord Burns and Lord Bonomy, suggesting a two dog limit