Members of the Lords, including a former Chancellor of the Exchequer and a former president of the Trades Union Congress (TUC), debated the economy in light of the Budget Statement, in the House of Lords on Monday 4 December.
This was a general debate. During debates, members are able to put their experience to good use, discussing current issues and drawing the government's attention to concerns.
The debate was proposed by Lord Bates (Conservative), minister of state in the Department for International Development, who also responded on behalf of the government.
Members taking part included:
- Lord Bilimoria (Crossbench), fellow, Institute of Directors
- Lord Darling of Roulanish (Labour), former Chancellor of the Exchequer
- Baroness Donaghy (Labour), former president, TUC
- Baroness Neville-Rolfe (Conservative), governor, London Business School
- Lord O'Neill of Gatley (Crossbench), former commercial secretary, HM Treasury
- Lord Shipley (Liberal Democrat), former chair, Prince's Trust NE
- Lord Taverne (Liberal Democrat), former first director, Institute for Fiscal Studies
- Lord Wakeham (Conservative), former member of the Finance Bill Sub-Committee