"I thank the noble Lords for their statements today, and I entirely agree that our thoughts are with the workers and the families of those affected by the closure.
While this Government inherited a precarious economic position from the previous Administration, it is imperative that we continue to move forward …..." Baroness Lloyd of Effra - View Speech
"My noble friend makes some very important points about the importance of swift and collaborative action, partnership with all those who can assist in supporting the workers in this situation and looking at their individual needs and the economic opportunities that are available today, and training them for the future.
"We are co-ordinating the scale-up of industries that will shape the future of the North Sea, going as far as wider offshore wind, carbon capture and storage and hydrogen. The Government have committed over £9.4 billion in investment to carbon capture, with a total of £22 billion for hydrogen and …..." Baroness Lloyd of Effra - View Speech
"I do not agree with that commentary on our approach to the economy. In fact, I want to take some time to talk about the positive signs in the UK economy. The UK was the fastest-growing G7 economy over the first half of the year, with cumulative GDP growth at …..." Baroness Lloyd of Effra - View Speech
"It is indeed very important that we continue to create jobs in highly productive, well-paid sectors, and that we provide the skills and training to a broad base of young and older people to take advantage of that. Whether that is through large, single-site companies or through the plethora of …..." Baroness Lloyd of Effra - View Speech
"The steel industry is incredibly important to the Government. As noble Lords know, the Government have taken action in respect of British Steel, and, as I outlined earlier, in respect of energy costs for the industry. My department has been engaging in discussions with EU counterparts on this to ensure …..." Baroness Lloyd of Effra - View Speech
"Yes, I am quite happy to write as a follow-up. I think I said £250 billion, and I originally meant to say 45,000 jobs. I apologise; that was my error—but I can follow up on that point...." Baroness Lloyd of Effra - View Speech
"Thank you very much. These draft regulations will be made under powers provided by the Product Security and Telecommunications Infrastructure Act 2022, also known as PSTI. The world-leading PSTI regulatory regime came into force on 29 April 2024. It better protects consumers, businesses and the wider economy from the harms …..." Baroness Lloyd of Effra - View Speech
"I thank both noble Lords for the fact that we find ourselves in agreement on the fundamental principle underlying this SI: common cybersecurity standards that facilitate trade are a good step forward for the UK and for global cybersecurity.