"My Lords, it is a pleasure to close this Second Reading debate. I am grateful to all noble Lords for their expertise, their contributions and questions, particularly at this late hour.
The Bill before your Lordships’ House legislates for reforms announced in the Budget last November. It was a Budget …..." Lord Livermore - View Speech
"My Lords, it is a pleasure to open this Second Reading debate on the Bill. It legislates for reforms announced in the Budget in November. That was a Budget to build a stronger, more secure economy that had at its heart three deliberate pro-growth choices. First, by choosing to maintain …..." Lord Livermore - View Speech
"I agree with the first thing the noble Baroness said, on the importance of the sector and jobs; I did not agree with anything else she said. She said that we have a lack of understanding: I just wonder what she would have done. We spent £4.3 billion in the …..." Lord Livermore - View Speech
"I say, with the greatest respect to the noble Lord, that I am being lectured by Conservatives on stability and investment when we had 14 years of instability and chronic underinvestment. We saw underinvestment in the public sector and the lowest rates of private sector investment in the entire G7 …..." Lord Livermore - View Speech
"I am grateful to my noble friend for that question, which obviously comes from a position of deep expertise in this matter. I am more than happy to look at all the issues he raises and take them back to my Treasury colleagues to discuss them further...." Lord Livermore - View Speech
"I may not have read all the Liberal Democrat policy documents as thoroughly as perhaps I should have. I cannot commit the review to considering specific things right now, but I am more than happy to take those thoughts back to the Treasury...." Lord Livermore - View Speech
"I am very grateful to the noble Baronesses, Lady Neville-Rolfe and Lady Kramer, for their comments and questions, and for their cautious welcome of what we have announced.
The noble Baroness, Lady Neville-Rolfe, ignored what we announced in the Budget: the £4.3 billion of support for those experiencing increases in …..." Lord Livermore - View Speech
"I very much agree with everything that my noble friend said. Among the long litany of the previous Government’s failures, their failure on growth was one of their most significant. We saw Brexit and the Liz Truss mini-Budget, and we know what business thought of that. We saw business investment …..." Lord Livermore - View Speech
"I am sure the noble Baroness would like to look forwards and not backwards, but I am not sure the country shares that view. The country remembers the past 14 years and the damage that party opposite did to the economy, the public services and the fabric of our nation. …..." Lord Livermore - View Speech