(2 weeks ago)
Lords ChamberMy Lords, I support in the strongest possible terms my noble friend’s Amendment 67A. After the backstop issue, this is the most important issue in the Bill. For the fans of some teams, the ability to play in Europe and their clubs’ fortunes there are more important than what happens with the national side. We are being asked to consider something so fundamental that we cannot do it with this proposed legislation unless the Government publish the letter and any subsequent conversations that they have had with UEFA. Otherwise, we cannot really take into account the full ramifications of what the Bill may do.
The noble Lord, Lord Addington, summed it up best when he said that it was the risk of the breakaway league that caused the Bill to come into consideration in the first place. I humbly request that the Minister shares with the Committee everything that UEFA has said in relation to the Bill.
My Lords, earlier there was a tetchy mood in which it was suggested that some of the contributions were simply time-wasting—and the word “filibustering” was used. When I was listening to the noble Lord, Lord Moynihan, I could see eyes rolling and people thinking that he was reading out an endless list and just time-wasting. But I think he did the Committee a great service by doing that, because he reminded us of the enormity of the powers that the Bill is affording a regulator. The noble Lord, Lord Pannick, who is not in his place, earlier made the point that it is just a regulator and that it is independent, and said, “What is your problem with this? We can trust them—they won’t do anything malign”. But this House and Parliament are telling that independent regulator what powers it has and determining what political interventions it can made. At least some of us have been concerned less about the financial situation but about the creeping politicisation of the number of powers that have been given precisely because it will not be a light-touch independent regulator, as I am sure the Government want it to be. That list was therefore very important.
It is our responsibility to make sure, first, that no unintended consequences come from the Bill and, secondly, that the Government are absolutely transparent about every single thing, including letters from UEFA. They should tell us what they fear and what the risks are. People keep talking about grown-ups in the room in politics. If we are going to be grown-ups, we want to know straightforwardly what the Bill risks. The idea that the only opposition to the Bill is from people who are ideologically opposed to regulation per se is malign. It is not true. Some people may be—but it is because of football that we need to know these things, and that is all.
(1 year, 5 months ago)
Lords ChamberMy Lords, I rise to speak to Amendment 184 in my name—
My Lords, the guidance in the Companion states that Peers who were not present for the opening of this debate last week should not speak in the debate today, so I will have to ask the noble Baroness to reserve her remarks on this occasion.
(1 year, 9 months ago)
Grand CommitteeMy noble friend makes an excellent point. I will certainly feed that back to the department in terms of the review.
To conclude, the Government already have the means to act on this issue and have made a clear commitment to do so if necessary. We are clear that we first need public consultation and an evidence base before determining the right course of action on this matter. I therefore request that the noble Baroness withdraws her amendment.
I thank the noble Lord, Lord Jackson, and the Minister for that response. I will not keep noble Lords long. What the noble Lord, Lord Jackson, said about self-censorship was important. I mention that because I am worried that the Government are underestimating the climate that financial services providers are embroiled in relating to ESG and EDI. This is a warning shot that we recognised around PayPal, but I did not confine it to PayPal. It is just one example. There are sadly lots of recent examples, with organisations such as GoFundMe refusing to accept certain people because of their views and so on. I know that is not strictly within the remit of this Bill, but I know that the Government understand that there are tensions here. I do not want them to be too narrow and technocratic in the way they approach it by saying “Oh, there are only three examples, so what is there to worry about?” We have seen this internationally. I note that the Chinese social credit system lurks around this debate as something we want to be careful of. Big tech financial companies do not have regard for free speech as their terms and conditions will often cut against what is required in equality legislation here. That was the point I was making.
I hope that this short debate will be taken note of in that consultation. I also hope the Government do not feel that they can just deal with it simply through the consultation but will keep a close eye on what could be a dangerous and nasty situation of financially powerful organisations having an impact on individuals, frightening them into thinking that if they say the wrong thing they will not get banking. That is not the sort of society that we would like to end up with. I beg leave to withdraw the amendment.