Lords debates UK economy

Budget red briefcase
15 March 2017

Members of the Lords, including a fellow of the Institute of Directors and the chairman of the advisory board of the Official Monetary and Financial Institutions Forum, debated the economy in the light of the Budget statement, in the House of Lords on Tuesday 14 March.

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 Baroness Neville-Rolfe (Conservative), commercial secretary in HM Treasury, who responded on behalf of the government.

Members taking part included:

  • Baroness Altmann (Conservative), governor of the London School of Economics and former minister of state in the Department for Work and Pensions
  • Lord Flight (Conservative), director of Metrobank Plc  
  • Lord Bilimoria (Crossbench), fellow of the Institute of Directors
  • Lord Macpherson of Earl's Court (Crossbench), director of the Scottish American Investment Company plc
  • Lord Desai (Labour), chairman of the advisory board of the Official Monetary and Financial Institutions Forum
  • Lord Livermore (Labour), former special advisor to HM Treasury
  • Baroness Kramer (Liberal Democrat), former vice-president of Citibank/Citicorp USA
  • Lord Wrigglesworth (Liberal Democrat), former deputy chairman of the Regional Growth Fund Advisory Board.

Further information

Image: PA

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