Corporate Governance

Debate between Viscount Hanworth and Lord Henley

Monday 29th April 2019 Lords Chamber

[Lord Henley]

My Lords, I do agree with my noble friend. I think that she will agree that we have done a great deal on corporate governance ever since we published the Green Paper in 2016, and there is the work done by the FRC and others right up to publishing and bringing into operation the new code in January of this year.

[Viscount Hanworth (Lab)]

My Lords, our failure in corporate governance has enabled the City of London to consign many of our utilities and industries to foreign ownership. Are the Government doing anything to staunch this haemorrhage?

[Lord Henley]

My Lords, I did not say that there has been a failure in corporate governance, rather that it is right that the Government should be doing what they have been doing; hence the work of the FRC on the corporate governance code and the work instituted by the Government when we published our Green Paper back in 2016, for example.

--- Later in debate ---

[Viscount Hanworth]

I wonder if the noble Lord could answer my question more directly.

[Lord Henley]

My Lords, I believe that I have answered his question.

Nuclear Energy

Debate between Viscount Hanworth and Lord Henley

Monday 10th December 2018 Lords Chamber

[Viscount Hanworth (Lab)]

My Lords, I beg leave to ask the Question standing in my name on the Order Paper and declare that I have recently been in China on a trip organised jointly by the Nuclear Industry Association and the China General Nuclear Power Corporation to inspect the HPR1000 nuclear reactor at Shenzhen.

[The Parliamentary Under-Secretary of State, Department for Business, Energy and Industrial Strategy (Lord Henley) (Con)]

My Lords, the Government believe that nuclear power has an important role to play in our future low-carbon energy mix. This is clear from our commitment to Hinkley Point C, the first new nuclear power station in a generation, as well as from the launch of the nuclear sector deal in June, which outlines a new framework designed to encourage industry to bring viable small-reactor propositions to the marketplace.

[Viscount Hanworth]

I must thank the Minister for that Answer but, notwithstanding his assertion, the Government’s support for the nuclear industry has been half-hearted at best. They have missed the opportunity to establish a joint Anglo-French nationalised nuclear industry in conjunction with EDF, which would have had a global reach in the area of decarbonisation. Moreover, the Government have failed to give sufficient support to Rolls-Royce in its project to create a small modular nuclear reactor that might have had excellent export opportunities. The project has been held in abeyance for far too long. Are the Government content to allow our nuclear facilities to be constructed and owned preponderantly by overseas suppliers?

[Lord Henley]

My Lords, I think that is a bit rich from the noble Viscount who speaks, I presume, for a party that was in office for 13 years and did absolutely nothing to produce new nuclear power stations. We have produced a new nuclear power station and we have produced a nuclear sector deal that looks to enhance the sector and aims to support the 87,000 jobs in the sector and increase that number to some 100,000 jobs, and aims to see a 30% reduction in the cost of new-build projects and so on—I could go on. We are committed to the nuclear sector and will continue to be so.

Universities: Non-EU Students

Debate between Viscount Hanworth and Lord Henley

Monday 6th February 2012 Lords Chamber

[Viscount Hanworth]

To ask Her Majesty’s Government what assessment they have made of the impact of the UK Border Agency’s activities on the ability of non-European Union students to study at United Kingdom universities.

[The Minister of State, Home Office (Lord Henley)]

My Lords, the latest figures published by UCAS show an increase of 13 per cent in the number of university applications from students resident outside the European Union. Our original impact assessment forecasts no impact on universities.

[Viscount Hanworth]

I thank the Minister for his reply. Does he not recognise that the measures designed to combat bogus institutions are also having a severe effect on reputable institutions in the higher education sector? Would he not agree that, if the Government wish to reduce the headline figure of net immigration, it is inappropriate to include non-EU students in these figures? Under normal circumstances, without the impediments created by the Government, their numbers would be expected to follow a steeply upward trend, which would be highly profitable for the UK.

[Lord Henley]

My Lords, I thought that was exactly what I just said in announcing a 13 per cent increase in those applying for universities. That strikes me as a very good thing indeed. It is quite right that we should stamp down on what the noble Viscount refers to as “bogus institutions”—I use his words, but I have previously used them myself. It is not fair on individuals coming to this country to come to an institution that is not providing them with proper education, and is being used merely as a vehicle to get around the immigration rules. What we have done is quite right. We are getting a grip on net migration figures but we are also seeing a growth in the number of genuine students coming to genuine universities.

Thames Tunnel

Debate between Viscount Hanworth and Lord Henley

Monday 18th July 2011 Lords Chamber

[Lord Henley]

My Lords, that is exactly what Thames Water is proposing in the plans. That is why it wants to consult on them and why it will have to go through the planning process in due course. At the end of that planning process we hope that it will be able to produce the right tunnel, in the right place, that will produce the right benefits.

[Viscount Hanworth]

In the 1960s when we were digging the Victoria line tunnel I remember that we caused minimal disruption around London and that the spoil was carried away directly. Can the Minister tell us why this cannot happen in the case of the Thames Tunnel when there is an easy way of carrying the spoil away—by the river?

[Lord Henley]

Again, it is a matter for the planning process and planning authorities to propose what conditions they think appropriate to impose on Thames Water. Since it is proposed at the moment that the tunnel should follow the river down, I would have thought it might be possible to have a lot of the access points close to the river. It should therefore be possible. However, it is not a matter for Government but for the planning process to consider using the river, rather than roads, for disposal of that spoil.