Premium Bonds

Debate between Lord Dubs and Baroness Neville-Rolfe

Thursday 23rd March 2017 Lords Chamber

[Baroness Neville-Rolfe]

My Lords, that is for a debate, not a Question. I am not a fan of hypothecation. The Government raise premium bonds to fund government expenditure, as I have explained, and obviously there is nothing to stop anybody giving their tax-free winnings to charity as they see fit. We do not have any plans to introduce a direct transfer to charities, which would require stakeholder consultation and a systems change. The product is a good part of the portfolio of savings products that we have and, as I said, it is very popular.

[Lord Dubs (Lab)]

My Lords, would not more people buy premium bonds if there were not such a miserably low rate of interest?

[Baroness Neville-Rolfe]

We try to make sure that premium bonds are a reasonable deal in the market for savings. The noble Lord will probably know that we delayed reducing the rates on premium bonds until quite recently. They continue to be popular, and it makes sense to look at them in the round, aiming for a balance for savers and taxpayers, as well as stability in the sector, obviously, in which they have a role as part of NS&I’s work.

Aircraft: Laser Pointers

Debate between Lord Dubs and Baroness Neville-Rolfe

Tuesday 8th March 2016 Lords Chamber

[Lord Dubs (Lab)]

My Lords, I beg leave to ask the Question standing in my name on the Order Paper. In doing so, I acknowledge the comments that have been made to me by many noble friends—that it might have been better if all four Questions today had been about International Women’s Day.

[The Parliamentary Under-Secretary of State, Department for Business, Innovation and Skills and Department for Culture, Media and Sport (Baroness Neville-Rolfe) (Con)]

The Government are urgently drawing together a plan to tackle the issues relating to the noble Lord’s Question to ensure the safety of both consumers and aircraft, including consideration of legislative options. However, people have recently been sentenced to prison terms under existing legislation for the misuse of lasers in connection with aircraft.

[Lord Dubs]

My Lords, can the Minister tell us what it is about these lasers that makes them a legitimate and legal item to be available for sale? Does she not agree that anything so dangerous that it could bring down an aircraft should not be available for sale and capable of entering the hands of either idiots or people with malice—that is, terrorists?

[Baroness Neville-Rolfe]

I agree with the noble Lord. There are of course many legitimate uses for laser products in the professional field—for example, in research and construction—and indeed in consumer products, but our primary concern, as I think is the noble Lord’s, is laser pointers, where we agree that the need for powerful lasers is questionable. We will take that into account in looking at legislative options.

BBC Charter Review

Debate between Lord Dubs and Baroness Neville-Rolfe

Thursday 16th July 2015 Lords Chamber

[Baroness Neville-Rolfe]

This point will, I am sure, be closely scrutinised by the review process. It is at the heart of the issue. The BBC is large, and that brings responsibility. There is evidence on the positive side and there is evidence on the other side. Some of it will come from the commercial operators; that is entirely right. When considering industry policy and competition policy in our country we try to look not only at—in this case—the BBC, but at how that affects the whole infrastructure, the talent and the way things feed in. This seems an entirely appropriate question for the review to consider. However, I note the noble Baroness’s concern and I thank her for the question.

[Lord Dubs (Lab)]

My Lords, there is a perception that some recent decisions about the BBC, such as the one about licences for the over-75s, did not come from DCMS but from the Treasury. Can we have an assurance that there will be a proper basis for moving forward with the BBC without pressure from the Treasury, with saving money being the dominant factor?

[Baroness Neville-Rolfe]

The Government will conduct the review and will come to their conclusions in an entirely proper way. Funding and matters of value for money are important issues. As I was saying earlier, there is some advantage in having an understanding of the financial envelope in which the charter review can be looked at. There are some positives for the BBC. I have talked to their executives about some of the positives that have come out of the deal that has been done: the change to broadband funding, the CPI—which was mentioned earlier—and this vital point about taking account of changes in new technology and finding a way of bringing in the catch-up market which, as we know from our children, is set to mushroom very rapidly.