House of Lords (Hereditary Peers) Bill Debate

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Department: Leader of the House
Viscount Thurso Portrait Viscount Thurso (LD)
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My Lords, agreeing with the noble Lords, Lord Taylor and Lord Davies, that we are here for judgment, not experience, I would ask the noble Lord, Lord Blencathra: what has he got against the hospitality industry, which is not on his list? I speak as the president of the Institute of Hospitality.

Earl of Leicester Portrait The Earl of Leicester (Con)
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My Lords, I have some sympathy with the thrust of my noble friend Lord Blencathra’s amendment. Indeed, a number of the professions that he has suggested would, ironically, replace the gifted amateurs—those we may be about to lose—the hereditary Peers.

I scribbled down, in the past few minutes, the number of hereditary Peers with valuable experience in finance, banking and investment, foreign exchange, accountancy and insurance. On top of that, we have engineers, vets and property managers, as well as those representing the agriculture and forestry industry, transportation and logistics, the law, human resources and public relations. Indeed, we even have an ex-diplomat. Of those 90 hereditary Peers, I am pretty certain that 89 have come from the private sector, and nearly all have valuable experience of wealth creation. I will stop there, but I must ask what we are being replaced by.