"My Lords, I agree that the committee has done a very good job in answering the questions that it was given. The report is thorough and persuasive, and I thank the noble Baroness, Lady Taylor, and her committee for their work. She and I worked together on the Lord Speaker’s …..." Lord Burns - View Speech
"My Lords, the noble Lord, Lord Bridges, has outlined the challenges facing fiscal policy very well. I was a member of the Economic Affairs Committee that he chaired so ably, and he has summarised the conclusions of the report of that committee two years ago. Since then, the OBR too …..." Lord Burns - View Speech
"My Lords, I would also like to thank the noble Lord, Lord Liddle, for outlining the conclusions of the committee’s report so well, and thank the noble Lord, Lord Wood of Anfield, for chairing the committee during this investigation. He has now gone on to greater things and I hope …..." Lord Burns - View Speech
"My Lords, this Bill is another example, I am afraid, of my past catching up with me. It is 27 years ago that I was asked to chair a Joint Select Committee of both Houses to scrutinise the draft Financial Services and Markets Bill that was introduced back then. The …..." Lord Burns - View Speech
"My Lords, most of us agree that economic growth is critical. I am very pleased to see that it is on the board, as it is one of the best topics that we are discussing in this response to the gracious Speech. Growth widens the choices that are available for …..." Lord Burns - View Speech
"My Lords, I will speak to Motion D1. In recent years, there has been an extraordinary and significant interest in what has become known as choice architecture. This was popularised by the book Nudge and by one of its authors, Richard Thaler, who received the Nobel Prize for Economics in …..." Lord Burns - View Speech
"My Lords, I have listened closely to the Minister and I have had several conversations with the Front-Bench team. I remain very disappointed with the determination to go back towards the 1945 arrangements. I fear that, unless we can make further progress and improve how this Bill works in practice, …..." Lord Burns - View Speech
"Leave out from “disagreed;” to end and insert “do disagree with the Commons in their Amendments 72J and 72K in lieu of Lords Amendments 72D to 72H; and do propose Amendments 72L to 72N and 72P to 72R in lieu of Commons Amendments 72J and 72K—..." Lord Burns - View Speech
"My Lords, from my perspective, the Budget has been received about as well as could have been expected in the circumstances. It also seems to have satisfied the bond markets and the Government’s own Back-Benchers, which is no small feat. It has been clear for months that the background was …..." Lord Burns - View Speech
"Leave out from “disagreed” to end and insert “do disagree with the Commons in their Amendment 72C in lieu of Lords Amendments 61 and 72; and do propose Amendments 72D to 72H in lieu—..." Lord Burns - View Speech