Growth and Infrastructure Bill
Wednesday, 6 February 2013
Bills
House of Lords
Moved by
Lord Flight
49C: Clause 27, page 35, line 28, at end insert—
“(12) Sha...
My Lords, I have always been a strong supporter of employees owning shares in the companies that ...
Show all contributions (62)
The noble Lord mentioned John Lewis. We all know that everyone working in John Lewis is a partner...
I am sure the noble Lord is correct. The employees who had shares in the company I built did not ...
My Lords, I will speak only to this amendment. We will have the debate on whether employees shoul...
My Lords, very unusually, I find myself in disagreement with my noble friend Lord Flight. Normall...
My Lords, I feel mounting concern as a result of what I said in Committee about this clause in a ...
My Lords, I will not follow in detail what my noble friend Lord Flight said in his excellent intr...
My Lords, I am sorry to disagree with the noble Lord, Lord Stewartby, but to my mind when you hav...
My Lords, I thank my noble friend Lord Flight for raising this matter, and for his general suppor...
Will my noble friend give way? I apologise for interrupting.
If I may, I am about to address some points that my noble friend made concerning the tax status.<...
Does the Minister accept that the flexibility for employees to negotiate the terms of any restric...
My noble friend is taking rather a negative view. We need to look at the opportunities that the w...
Is my noble friend saying that the scheme will work for restricted stock that is subject to condi...
The discussions will take place before the employee shareholder goes into an agreement. If they a...
I apologise for interrupting again—
My Lords, I remind Members of the rule that on Report no Member should speak to an amendment more...
That is precisely what I am doing. I am seeking clarification on an important point. If someone c...
That takes me back to the question raised by my noble friend Lady Brinton. If there are too many ...
My noble friend Lord Forsyth makes a fair point. If tax is to apply, it is difficult to determine...
Moved by
Lord Pannick
50: Clause 27, leave out Clause 27
Your Lordships now come to whether Clause 27 should stand part of the Bill. As noble Lords have h...
My Lords, I am grateful to the noble Lord, Lord Pannick, for so eloquently outlining the case aga...
My Lords, I opposed this clause at Second Reading and in Committee, and I do so again. I support ...
My Lords, I have put my name in support of this amendment to remove Clause 27 for two main reason...
My Lords, I am delighted to follow my own Bishop, who represents a city in which for a considerab...
My Lords, I will make a couple of quick points on this. I keep hearing this tale about how power ...
The noble Earl made a speech about employment protection being excessive. I am not sure I underst...
Even better. Passing it does not matter then, but at least it would send the right signal and som...
My Lords, I think that it is fair to say that the noble Lord, Lord King of Bridgwater, has some o...
My Lords, I think that this is a positively dreadful clause. Perhaps I should declare three inter...
My Lords, I rise to support the amendment removing Clause 27. Let me make it absolutely clear tha...
It is a privilege to follow such an impassioned speech, as well as the extremely logical speech o...
My Lords, I support the amendment. On this Budget day, it behoves us all to think about how we st...
My Lords, many noble Lords today have explained that this is not the way to get the workplace fle...
My Lords, as I suggested in our debate on the previous amendment, I accept that some improvements...
My Lords, in my eight years in the House I have never witnessed a government policy with less sup...
I cannot see the argument that making shares free from capital gains tax is an act of tax avoidan...
I am sorry that the noble Lord has difficulty in seeing the argument. This is creating a complete...
Excuse me, but I cannot let the noble Lord get away with that. It is the same as any other employ...
My Lords, a new scheme is being introduced by this Bill. It is not an existing scheme. If that we...
My Lords, I have given away twice to the noble Lord. He has had plenty of opportunity to make his...
My Lords, we are on Report. Only points of clarification should be sought, and I ask the House to...
I am happy to give way to the noble Lord because every time he intervenes he maximises the vote i...
The noble Lord clarified my previous point that the scheme was a new scheme that did not create t...
My Lords, who knows to what the funds would have been devoted before the scheme was created? That...
My Lords, I was hoping to precede the noble Lord, Lord Adonis, but he was too far out of his trap...
My Lords, I have already indicated that there are specific rules on Report that need to be respec...
My Lords, we have discussed the employee shareholder clause at length, and some Members of this H...
The guidance notes that we saw were quite explicit that the prospective employee shareholder appl...
It is indeed voluntary, but I would like to clarify that when it comes to a jobseeker seeking a j...
I am having some difficulty following the Minister's argument. He says that the acceptance of the...
It is voluntary in that the individual can decide whether he or she wants to take this particular...
This is a really crucial point in our deliberations. The guidance that the Minister circulated to...
I can only reiterate that employee shareholder status is being treated in the same way, and that ...
My Lords, I thank the Minister for his comprehensive reply. I sympathise with him because I am su...
Moved by
Baroness Hanham
51: Clause 28, page 36, line 19, leave out “6(4)” and insert...
Moved by
Baroness Hanham
53: Clause 31, page 37, line 9, at beginning insert “Section...
Moved by
Baroness Hanham
56: Clause 31, page 37, line 9, leave out “Schedule 2”and in...