Debates between Lord Flight and Earl of Courtown during the 2017-2019 Parliament

Tue 3rd Sep 2019

Sterling

Debate between Lord Flight and Earl of Courtown
Tuesday 3rd September 2019

(5 years, 3 months ago)

Lords Chamber
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Earl of Courtown Portrait The Earl of Courtown
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My Lords, I do not believe in uttering fiction from the Dispatch Box. I do not accept the noble Lord’s comment, but I will take it back to the department and ask for clarification on that figure.

Lord Flight Portrait Lord Flight (Con)
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My Lords, are the Government aware of the extent to which increased regulation is causing a fall in productivity, particularly in the financial services sector? The numbers of people working in regulation are not producing anything positive and the effect is estimated to be as much as 10% over the last decade.