Financial Stability: Private Equity Firms Debate
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Lord Forsyth of Drumlean
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Financial Stability: Private Equity Firms
Lord Forsyth of Drumlean Excerpts(1 year ago)
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Baroness Vere of Norbiton (Con)
The noble Lord mentions a situation I am not aware of, but I will say that all owners of UK companies must abide by the Companies Act and their obligations therein.
Lord Forsyth of Drumlean (Con)
My Lords, has my noble friend been following the speeches and articles written by the noble Lord, Lord King, the former Governor of the Bank of England, in which he suggests that it is so important for the Bank to concentrate on inflation and the price mechanism that it does not make sense to add to those responsibilities a green agenda, which will distract it and draw it into political activity?
Baroness Vere of Norbiton (Con)
I have not been following those interventions from the former governor, the noble Lord, Lord King, but I shall certainly look at them.