"My Lords, I speak as the chair of the International Chamber of Commerce UK. This country has been a magnet for inward investment over the years, yet over the last decade the number of foreign direct investment projects is at its lowest level for many years. I congratulate the Minister …..." Lord Bilimoria - View Speech
"My Lords, I was brought up with the Gurkhas from birth, and my late father, General Bilimoria, was president of the Gurkha Brigade in India. To follow on from the previous question and what the major-general, the noble Lord, Lord Lancaster, said, what specific help are the Government giving to …..." Lord Bilimoria - View Speech
"My Lords, I thank the noble Lord, Lord Leong, for introducing this debate, and I too congratulate him on his well-deserved appointment as a Minister. This Steel Industry (Nationalisation) Bill is a government Bill, and it will provide powers to nationalise any company involved in steel manufacturing where that is …..." Lord Bilimoria - View Speech
"The Statement on 3 March focused primarily on presenting the latest OBR forecasts, rather than announcing new policy measures. It forecast growth of about 1.1%, which is very low. It forecast inflation to fall from 3.4% to 2.3% this year. It forecast unemployment to rise to 5.3%, and net migration—which …..." Lord Bilimoria - View Speech
"What an excellent speech by the noble Lord, Lord St John of Bletso, the 22nd Baron St John of Bletso—a title that has existed for 460 years. I declare my interest: in the nearly 20 years that I have been privileged to be a Member here, my noble friend Lord …..." Lord Bilimoria - View Speech
"My Lords, I am a member of the expert advisory council of the Government’s Help to Grow: Management scheme set up by Rishi Sunak when he was Chancellor, which this Government have happily continued. Some 10,000 businesses have graduated from this, but is the Minister aware that only businesses with …..." Lord Bilimoria - View Speech
"My Lords, will the Minister confirm that funding for PhDs and research in the arts is going to be cut by up to 60%? There has been a huge uproar in the academic world, which believes that this is not right. Of course, science is important; STEM is important, but …..." Lord Bilimoria - View Speech
"My Lords, I received a wonderful birthday present on 26 November: the Budget, with taxes going up by £26.6 billion on top of the £40 billion that we had last year, leading to 38% of GDP, the highest level that we have known. The UK economy growth rate has averaged …..." Lord Bilimoria - View Speech
"My Lords, the Government have spoken about growth as their priority from day one and, to be fair, they are doing a few good things. They have carried on the Help to Grow: Management programme, which was started by the previous Government. Some 10,000 businesses have already gone through the …..." Lord Bilimoria - View Speech