Wednesday 23rd March 2022

(2 years, 10 months ago)

Lords Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Sterling of Plaistow Portrait Lord Sterling of Plaistow (Con)
- Hansard - - - Excerpts

My Lords, I apologise that I was not here yesterday: my wife had a very bad fall and fractured her head, so we spent two days in the hospital, but I wanted to be here today. I hope noble Lords will bear with me.

The most important thing for everybody in this House —or any house, individuals or otherwise—is your reputation. I am today wearing the tie of the Peninsular and Oriental Steam Navigation Company, which goes back nearly 200 years. My predecessor served at the Battle of Trafalgar and, as a matter of interest, my noble friend Lord Lamont is a direct descendant of the first chairman, who was in the Shetland Islands.

What I want to say is this—

Earl Howe Portrait Earl Howe (Con)
- Hansard - -

My Lords, I do not want to be ungracious to my noble friend, but if he could reach his question, that would be helpful.

Lord Sterling of Plaistow Portrait Lord Sterling of Plaistow (Con)
- Hansard - - - Excerpts

I will issue a statement separately from this, but I wanted to ask this. People from all over the world are deeply upset and concerned about the reputation of a company that has been one of the greatest companies, and of which I have had the honour to be a part for nearly 40-odd years. I stood down in 2005—