(8 years ago)
Lords ChamberGiven the commercial sensitivity of the sale process, I am sure the noble Baroness will understand that I cannot comment on the identity of any bidders. They have been required to sign confidentiality agreements, as is appropriate. As I have said, there will be an announcement once a deal is signed, and the Government will provide a full report to Parliament on the sale, proceeds and so on when the sale is completed.
Will my noble friend allow me to congratulate the noble Lord, Lord Teverson, who, unlike the vast majority of his colleagues, asked his supplementary without a note in his hand?
I agree with my noble friend that this is an excellent example of good practice.
(8 years, 1 month ago)
Lords ChamberHelicopters are some way from the sharing economy, which is the subject of this Question. We are looking at the procurement rules on the sharing economy and in other areas to make sure that we get the best deal for Britain. We will be looking at all the issues regarding the industrial strategy. Coming from the West Country, I look forward to talking to the noble Lord further on the subject of Yeovil.
My Lords, reverting to the subject of wave power, I opened my account in your Lordships’ House 40 years ago on the subject of marine power. Will my noble friend concentrate rather more on tidal power than wave power, because I do not think any manufacturer has yet produced a machine that could withstand the forces of waves—but tidal power is another story altogether?
My noble friend is right: some innovative demonstration work is going on in Scotland and we are awaiting a report from Mr Hendry on a possible tidal lagoon in Swansea—and elsewhere.
My Lords, there are several questions which I look forward to discussing with the noble Lord, but fraudulent and scam activities are a crime and should be constantly reported to Action Fraud. I have a feeling that consumer representatives and the Government are very much on the same side here, and I look forward to taking on these issues.
My Lords, who pays for the plethora of calls, which I am sure we have all had, regarding PPI mis-sold insurance?
My Lords, I am not sure who pays for them but by registering to the Telephone Preference Service it is possible to get oneself off the list, in relation to both mobile and home phones. Which? has done great work in this area and is about to do a marketing campaign to bring this to the consumer’s attention. Consumers have to be involved as well as regulators to draw attention to the fact that they are being targeted. I get calls as well.