(7 months ago)
Lords ChamberI thank the noble Lord for that. That is exactly the intention of the independent investigator.
I turn to the amendment on Post Office governance. Amendment 19 is in the name of the noble Lord, Lord Holmes of Richmond, and I thank him again for his engagement on the Bill. Post Office governance is a priority for the Government. However, it is not the subject of this Bill, which has a clear scope to quash the wrongful convictions of the postmasters affected by the Horizon scandal. Therefore, we do not see the Bill as the place to address governance issues. Furthermore, we do not support a review of the kind suggested by this amendment, due to other work that is progressing. Phases 5 and 6 of the Post Office Horizon IT inquiry are looking at past governance issues and could make recommendations for specific changes that the Government will consider carefully and respond to in due course.
Nigel Railton has been appointed as interim chair of the Post Office, and will be invited to give Ministers his views on the future direction of the Post Office, which could include proposals for change that the Government will consider. We of course keep governance models under review, but we do not support another review of governance issues while the activities I have outlined are under way. I hope the noble Lord will be happy to withdraw his amendment.
In conclusion, I thank the Committee for its attention to the Bill. I commend to the Committee the government amendments in my name.
My Lords, if Amendment 2 is agreed, I cannot call Amendment 3.
My Lords, if Amendment 4 is agreed to, I cannot call Amendment 5.
(1 year, 6 months ago)
Lords ChamberTo ask His Majesty’s Government what is their industrial strategy.
In the name of my noble friend Lord Allen, and with his permission, I beg leave to ask the Question standing in his name on the Order Paper
The Government have set out an ambitious plan for growth and prosperity. Delivering economic growth in key sectors is a priority and the Chancellor has identified five growth sectors for the UK: digital technology; green industries; life sciences; advanced manufacturing; and creative industries. The Government have announced a £500 million per annum package of support for 20,000 research and development-intensive businesses and £650 million to support the UK’s life sciences sector.
I thank the Minister, but we are still little the wiser about a strategy. The Prime Minister removed the words “industrial strategy” from the business department. As Chancellor, he scrapped the Government’s industrial strategy and the independent Industrial Strategy Council. Instead, we now get announcements, as now—soundbites instead of sound economics. Can the Minister say precisely when the Government will produce a much-needed comprehensive and co-ordinated industrial strategy? That will help business, industry and investors plan for the long term and, we hope, get some growth and progress back into the economy.
My Lords, I think noble Lords will agree that this is a time for specialisation rather than a single, overarching, broad strategy. By targeting specifics, such as the five key growth sectors, we can be more effective and, in this age, more agile to respond to change.