"My Lords, this debate picks up from the Oral Question earlier on the IMF, which warned that the global economy is losing momentum as a result of the Iran war, with the UK expected to be the hardest hit of the G7 economies. The Government need to rethink in the …..." Baroness Kramer - View Speech
"My Lords, the Government keep looking in the rearview mirror. The IMF report and today’s inflation numbers are telling us that forecasts made in January essentially now go into the bin, and what we need are policies to deal with uncertainty and provide resilience. The new BICS provides energy-intensive industries …..." Baroness Kramer - View Speech
"My Lords, the definition of a statutory instrument is very technical, and I frankly have nothing to add to it. The capital requirements SI, in that it provides the temporary flexibility to see how other jurisdictions will behave, seems understandable and we on these Benches oppose neither. However, I have …..." Baroness Kramer - View Speech
"My Lords, I am going to press the Minister to take a stronger position on this issue, which was £1 billion of criminal financial manipulation by HBOS Lloyds. The FCA spectacularly failed to investigate, initiating a report only under strenuous insistence from Vince Cable. It then misrepresented, to this House …..." Baroness Kramer - View Speech
"My Lords, if this war with Iran continues, and especially if the Strait of Hormuz remains closed as we approach autumn, the global economy will be in serious trouble and the crisis will impact severely—directly on energy prices and, more broadly, on the cost of living. There was far too …..." Baroness Kramer - View Speech
"My Lords, I, too, support these four amendments and, had it been permitted at ping-pong, I would have added my name.
I am going to be very brief. We are all aware, through freedom of information applications, that the OBR forecasts of the impact of this Bill present us with …..." Baroness Kramer - View Speech
"My Lords, thousands of new trains and carriages are coming into service on the national, regional and underground networks between 2025 and 2030. The Minister referenced the rolling stock strategy, but how many of these trains will exceed the minimum legislative compliance for accessibility, and how many will have a …..." Baroness Kramer - View Speech
"My Lords, despite these volatile times, the Debt Management Office, on behalf of the Treasury, still seems determined to issue £20.4 billion in index-linked gilts this year. The cost of servicing the UK’s national debt is already far more vulnerable to rises in interest rates than comparable countries, thanks to …..." Baroness Kramer - View Speech
"My Lords, I join the tributes to the noble Lord, Lord St John of Bletso. We do not often get to speak in the same debate, so I am delighted that he could not speak in the space debate and has joined us today. His speech was both gracious and …..." Baroness Kramer - View Speech
"My Lords, this was a very short Bill but, frankly, I do not know how it got through the House of Commons and came to this House without clarity on the fundamental issue of whether we were talking about a cap that was per employee or per employment. I thank …..." Baroness Kramer - View Speech