(13 years, 8 months ago)
Lords ChamberMy Lords, the noble Baroness raises very important questions. However, the responses to these questions are for the industry to make.
It is about time a Labour speaker was allowed to join in, unless they have changed the rules of the House. First, I will break a lifetime's habit and congratulate the Minister on the excellence of her answers. Is she absolutely certain that there is nothing Her Majesty's Government can do to move back on this matter? It is immensely damaging to the workings of the insurance market, which will be immensely damaging for our country in particular. Can nothing be done to get this reversed?
My Lords, the Government will continue, with other member states, to press to see what can be done, but I am afraid that there is no appeals process under the ruling.