(7 years, 9 months ago)
Lords ChamberMy Lords, I have listened carefully to all the contributions on the amendments so far and I feel that I must intervene. I have been deeply troubled in trying to understand why the Government are so set on the idea that no deal is better than a bad deal and that we can contemplate leaving the single market and the customs union with some kind of equanimity. That was brought home to me by the comment of my noble friend Lord Howell about the failure to see what is going on. It brought to mind his eloquent description of how he sees the future of global trade and global business, which is not in manufacturing but in services. But that vision is not shared on other Benches across the House, and nor indeed by me. Indeed, I would argue that it is not shared by the majority of the people in this country. His remarks imply the destruction of our manufacturing sector and of millions of jobs across the country, and I do not believe that that is what the British people voted for.
The implication is not that at all; it is that the patterns and processes of production are now being internationalised on a scale that we have never seen before, so that even different stages in the processes of production are spread through fantastic new value chains right across many nations. Of course production will go on—but it is now very much an international rather than a national affair. That is happening now.
(8 years, 9 months ago)
Lords ChamberMy Lords, the maximum increase that any woman will face as a result of the 2011 Act changes was reduced from two years to 18 months.
My Lords, I see that the International Consortium of British Pensioners estimates the partial uprating—uprating from the present rates received—as £31.5 million. The Minister just gave a figure of £200 million. Can she explain the difference between the two?
The figures that I have been given from outside estimates are that the cost would be around £200 million a year by 2020. It is possible that the noble Lord is citing something for one year only.