Industry: International Investment Debate

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Lord Forsyth of Drumlean

Main Page: Lord Forsyth of Drumlean (Conservative - Life peer)

Industry: International Investment

Lord Forsyth of Drumlean Excerpts
Tuesday 2nd June 2015

(9 years, 5 months ago)

Lords Chamber
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Baroness Neville-Rolfe Portrait Baroness Neville-Rolfe
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I note with interest what the noble Lord says, and I agree that all the things he has listed are vital reasons as to why people want to invest in Britain. We have unique labour flexibility, it is easy to set up business here compared with other countries—as I know from having been a business person for 17 years—and we have a good, welcoming tax regime and very good education.

Lord Forsyth of Drumlean Portrait Lord Forsyth of Drumlean (Con)
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My Lords, does my noble friend not accept that it would be a good idea to provide objective information so that we can have a sensible debate in the forthcoming referendum? Should we not be conscious that the scaremongering tactics that were used in the Scottish referendum proved deeply counterproductive, and that those who wish to remain in the European Union would be wise not to spread the myth that Britain cannot survive alone, using its relationships with the Commonwealth and elsewhere to maintain our prosperity and employment?

Baroness Neville-Rolfe Portrait Baroness Neville-Rolfe
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My Lords, my noble friend makes many good points, some of which I agree with. I look forward to further debates on these issues in the coming weeks and months.