Distributed Ledger Technologies

Debate between Lord Howell of Guildford and Lord Ashton of Hyde

Wednesday 18th July 2018 Lords Chamber

[Lord Ashton of Hyde]

The first question is whether we should be creating a single digital identity, and I defer to the Home Office on that. If that decision was made, whether distributed ledger technology is the right technology for it is, I think, a secondary question.

[Lord Howell of Guildford (Con)]

My Lords, blockchain is the technology behind bitcoin and the cryptocurrencies. Will the Government consider stepping in and regulating in this area or is it inherently uncontrollable?

[Lord Ashton of Hyde]

The Cryptoassets Taskforce, which consists of the Treasury, the Bank of England and the Financial Conduct Authority, is considering exactly that question. It expects to deliver a report in late September 2018.

Undersea Cables

Debate between Lord Howell of Guildford and Lord Ashton of Hyde

Thursday 8th March 2018 Lords Chamber

[Lord Ashton of Hyde]

My Lords, I am speechless. The reason why DCMS is answering this Question is that we are responsible for co-ordinating the resilience of the telecoms sector in the UK. Telecoms is one of the UK’s 13 critical sectors and we are in close touch with other departments, particularly the Home Office, which is responsible for GCHQ, and the Ministry of Defence. I am not the only Minister who has answered on this; in December my noble friend Lord Howe answered a similar Question.

[Lord Howell of Guildford (Con)]

My Lords, is it also not worth remembering that we are building up a substantial system of undersea electricity cables as well—interconnectors with other countries, up to about 15 gigawatts, which are a major part of our daily supply of power? This issue therefore becomes doubly or trebly important when it comes to the security of that kind of undersea cable as well.

[Lord Ashton of Hyde]

There are many things on the seabed, not only electricity and fibre-optic cables but pipelines as well. The National Security Council looks at all these threats to our infrastructure, and we advise all the parts of the infrastructure estate regularly and keep an eye on all of it.

Youth Orchestras

Debate between Lord Howell of Guildford and Lord Ashton of Hyde

Thursday 7th December 2017 Lords Chamber

[Lord Ashton of Hyde]

I can confirm that, when we leave the EU, the existing amounts that we spend on British youth orchestras will continue. For example, the total Arts Council investment, which includes music, has been guaranteed until 2020.

[Lord Howell of Guildford (Con)]

My Lords, one answer to the noble Baroness’s concern is the Commonwealth Youth Orchestra, which I think the Government currently support, and I hope they will continue to do so strongly.

[Lord Ashton of Hyde]

I agree with my noble friend.

Brexit: Creative Industries

Debate between Lord Howell of Guildford and Lord Ashton of Hyde

Thursday 27th October 2016 Lords Chamber

[Lord Ashton of Hyde]

When we leave the EU, the Government will have to decide how to support industries in the UK. The difference is that we will be able to decide that for ourselves.

[Lord Howell of Guildford (Con)]

Would my noble friend accept that—aside from the people aspect, which is rightly being raised—while fully applauding the colossal success of our creative industries around the world, they are mostly in the form of services in digital information transmission and exports? This is a services area where, frankly, the single market has not been very encouraging over the last 30 or 40 years when we have been a member. Would he accept that, in fact, the real prizes and best opportunities for the service industries are going to lie increasingly outside the European Union? That is where, as we have already heard in earlier questions, we are going to make a major mark. The single market is fine but not the best deal for our service industries.

[Lord Ashton of Hyde]

I agree that it is very important that we look at other countries outside of the EU, but the EU will remain important to us and we can still continue to trade there. As far as the digital market is concerned, it is obviously easier in some ways to trade with other countries because distance does not matter so much. To that extent, I agree with my noble friend.

Iraqi Troops: Training

Debate between Lord Howell of Guildford and Lord Ashton of Hyde

Thursday 21st April 2016 Lords Chamber

[Lord Ashton of Hyde]

My Lords, the Government’s position is that Britain is stronger within the European Union. That includes our security position as well.

[Lord Howell of Guildford (Con)]

My Lords, if I could get slightly closer to the Question, which is about training troops to fight against Daesh, does the Minister have the latest figures for how many troops we have in Jordan, which in many ways is the other key front against Daesh operations? I know that this is slightly outside the Question but it is very much part of the overall battlefield.

[Lord Ashton of Hyde]

My Lords, I do not have the precise figures to hand, but we have increased our aid to Lebanon and Jordan with exactly that in mind.