Baroness Lloyd of Effra

I thank the noble Lord for his series of questions on this matter. To come back to its core, the statutory instrument has a strictly limited purpose to ensure that the same invest…

My Lords, this instrument makes consequential amendments to the Investigatory Powers Act 2016 following Parliament’s decision in the Employment Rights Act 2025 to create the Fair…

That the Grand Committee do consider the Employment Rights Act 2025 (Investigatory Powers) (Consequential Amendments) Regulations 2026.

That the draft Regulations laid before the House on 13 January be approved. Considered in Grand Committee on 2 March.

I could not agree more with the noble Lord’s first point: my noble friend has given us a good opportunity to talk about this important institution. The new mission set by the Brit…

The Government’s statement of strategic priorities had as its first objective to support our most promising businesses in the industrial strategy priority sectors, and the digital…

As I said, we are helping businesses navigate the way—for example, through the business growth service, which enables businesses to access all the types of finance and support tha…

My noble friend is right to mention consistency with the industrial strategy. It was only in October last year that the Government gave the British Business Bank a new mandate, in…

I may have to come back on those precise questions. The British Business Bank produces annual reports and has recently published an impact report which addresses some of the quest…

As was said earlier, we are monitoring the situation very carefully. It is unclear at present what exactly the long-term impact on energy prices and energy security will be. We ar…

The British Business Bank’s new strategic mandate explicitly talks about supporting businesses in the industrial strategy priority sectors, which, as noble Lords will know, includ…

My noble friend is right to ask about mandate and risk appetite. This is the direction that the British Business Bank is taking, guided by its new strategic mandate. It is increas…