Wednesday 23rd March 2022

(2 years, 1 month ago)

Lords Chamber
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Lord Sterling of Plaistow Portrait Lord Sterling of Plaistow (Con)
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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)
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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)
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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—