(1 year, 9 months ago)
Lords ChamberI thank the noble Lord for his question and his suggestion. We will of course be engaging with the EU throughout, and we are under no illusions as to the importance of maintaining our adequacy arrangements with the EU.
My Lords, I welcome the noble Viscount to his new position. He says that the new Bill should be an opportunity to develop data regulations to put Britain at the forefront of the data revolution. However, instead of setting out a clear regime for the sector, it further complicates what is an overcomplex legislative area. I urge the noble Viscount to work with the Labour Party to ensure that this Bill is what the country needs, rather than just a series of patchwork amendments and more sweeping powers.
I thank the noble Lord for his kind words of welcome. I am absolutely willing to work with the Labour Party. I do not believe there is an ideological divide in approach, but more a pragmatic question of how we get this done. I observe that the overall economic impact of the Bill will contribute £4.7 billion of growth over the next 10 years; it is important to bear that in mind. When we discuss the Bill further, the noble Lord may come to feel that the characterisation of it as patchwork or disorganised is not entirely fair, but I look forward to working with him.