Sport: Corruption

Debate between Earl of Courtown and Lord Brooke of Alverthorpe

Tuesday 29th November 2016 Lords Chamber

[The Earl of Courtown]

My Lords, transparency and openness in all these sporting bodies is of paramount importance. This is why, at the G20 summit, we looked at setting up the Anti-Corruption Coordination Centre, and why we are looking at the Criminal Finances Bill and establishing a joint financial analysis centre. The Government are investing in expertise in data and intelligence. The point is that these sporting bodies, many funded in part by public money, have to show their transparency, openness and correct behaviour.

[Lord Brooke of Alverthorpe (Lab)]

My Lords, this is a googly: is the Minister prepared to have a look at the full report by Transparency International, which he will find supports the Private Member’s Bill that I put before the House on lobbying transparency to avoid corruption within lobbying of government? Is he prepared to try to persuade the Minister in question to take a similarly positive approach to clearing up the mess there as he is doing on this subject?

[The Earl of Courtown]

My Lords, I have been in the Chamber part of the time as the noble Lord’s Bill passes through your Lordships’ House. I will of course pass on his concerns to the Minister.

Companies: Remuneration

Debate between Earl of Courtown and Lord Brooke of Alverthorpe

Wednesday 23rd March 2016 Lords Chamber

[Lord Brooke of Alverthorpe]

To ask Her Majesty’s Government whether they have plans to legislate to introduce secret ballots for all employees to ratify decisions made at a company’s annual general meeting on the remuneration of that company’s directors and its five most highly paid employees.

[The Earl of Courtown (Con)]

My Lords, the Government have no such plans. The remuneration of company directors is primarily a matter for the company and its shareholders. Comprehensive reforms to the reporting and governance of directors’ pay in 2013 have boosted transparency for shareholders and given them a binding vote on companies’ remuneration policies. All company directors must have regard to the interests of employees in discharging their legal duty to promote the success of the company.

[Lord Brooke of Alverthorpe (Lab)]

My Lords, my question starts, “Does the noble Baroness know?”. However, does the noble Earl know that the UK now has very high income inequality compared with most other developed countries? Further, does he know that, even with the coming living wage increases planned over the next few years, it is possible that the wage gap will still be the same by 2020 as it is now and as it was in 2010? Is it not time, after a decade of stagnation, that we had some thoughts about how we can try to bring about a narrowing of that gap? Will the Minister please go back—or at least give an indication that he will go back—and come forward with some ideas about how we will narrow it?

[The Earl of Courtown]

I thank the noble Lord for his question. He raised a number of points, including the national living wage, which is about to come into force. We must also remember that the national minimum wage has had one of the biggest increases in its history. We take into account all the matters that he raised. He referred also to employee engagement and how important that is in the workplace.

Aviation: Sustainable Fuel

Debate between Earl of Courtown and Lord Brooke of Alverthorpe

Tuesday 22nd March 2016 Lords Chamber

[The Earl of Courtown]

My Lords, the noble Baroness is right in so far as we have to look globally at the whole issue, including what is happening in the European Union. As the noble Baroness will no doubt be aware, we have been working with the International Civil Aviation Organization. In February, we reached agreement with other states in the ICAO on a global CO₂ standard for aircraft, which is all part of the same picture. All new aeroplane designs applying for certification from 2020 will have to be compliant with the CO₂ emissions standard. Designs already in production will also need to comply from 2023.

[Lord Brooke of Alverthorpe (Lab)]

My Lords, when will the consultation be concluded and when will the Government implement it?

[The Earl of Courtown]

My Lords, as I said earlier, the consultation will start later this year. I do not have any information on when it will conclude but I have read out the areas that we shall be looking at. Of course, I will write to the noble Lord if there is any more information that I can give him.