Bank of England Debate

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Department: HM Treasury

Bank of England

Lord Shutt of Greetland Excerpts
Thursday 30th October 2014

(10 years, 1 month ago)

Lords Chamber
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Lord Newby Portrait Lord Newby
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My Lords, whatever one can say about the history of constitutional change in the UK, it has not been characterised by great speed. While there is now considerable urgency in dealing with consequential constitutional change in both Scotland and the rest of the United Kingdom, it will require a commitment by many people across all parties to bring that about—which in the past has been conspicuously lacking.

Lord Shutt of Greetland Portrait Lord Shutt of Greetland (LD)
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My Lords, if there is to be any change, would not the name “Bank of Britain” be more solid, simple and straightforward?

Lord Newby Portrait Lord Newby
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It might be, my Lords, but as I said in my initial Answer, I suspect that there will not be any change.