"I thank the Minister for giving way. He made the point about treating customers fairly. I understand that he is making a broader point but I noticed that he was nodding a few minutes ago when I spoke about the potential damage to somebody trying to get a mortgage, having …..." Lord Watson of Invergowrie - View Speech
"My Lords, I am pleased to associate my name with all five amendments in this group, but I also want to speak to some extent about the FCA note which appeared at about 9 o’clock yesterday evening—typically late in the day, not just literally, as regards the progress of this …..." Lord Watson of Invergowrie - View Speech
"Perhaps the noble Lord could clarify something. He made it absolutely clear that the FCA note represents government policy. It therefore seems strange that that policy is allowed to be as—shall I say?—ambiguously worded as the FCA note is. It is of concern that it is left that way. Will …..." Lord Watson of Invergowrie - View Speech
"My Lords, I, too, congratulate the noble Lord, Lord Shipley, on initiating this important debate. I am absolutely clear that membership of the EU is very much in the best interests of the UK—in economic and social terms, and in terms of the influence that the country can bring to …..." Lord Watson of Invergowrie - View Speech
"My Lords, I support my noble friend Lord McFall and his colleagues on Amendment 98. I am also in favour of the two amendments tabled by the noble Lord, Lord Phillips of Sudbury. My noble friend drew on his experience as a member of the banking commission when he talked …..." Lord Watson of Invergowrie - View Speech
"My Lords, I am proud to have my name associated with that of my noble friends Lord Brennan and Lord McFall in this group of amendments.
I certainly agree with much of what was said by the noble Lord, Lord Lawson, not least when he said that we have covered …..." Lord Watson of Invergowrie - View Speech
"My Lords, despite the upbeat opening speech of the noble Lord, Lord Deighton, the Government have thus far ducked the radical banking reform required, which the cross-party Parliamentary Commission on Banking Standards called for over the course of five detailed and compelling reports. Perhaps that should not surprise too many, …..." Lord Watson of Invergowrie - View Speech
"My Lords, I, too, congratulate my noble friend Lord Foulkes, who is my friend, on achieving this important debate. It is a matter of some regret that only one Back-Bench Member from the coalition parties felt that they had anything useful to say on the subject. Perhaps that tells its …..." Lord Watson of Invergowrie - View Speech
"My Lords, my noble friend Lord Desai mentioned the 1975 referendum on what was then the EEC. I voted no, against continued membership. Like many in the Labour Party, I was concerned at the restrictions that it might place on a future Labour Government introducing socialist policies, not least in …..." Lord Watson of Invergowrie - View Speech
"My Lords, when introducing the Budget, the Chancellor told us that it was about reforming the nation's economy so that we have enduring growth and jobs for the future and about doing what the Government could to help families with the cost of living and the high price of oil. …..." Lord Watson of Invergowrie - View Speech