Lords debates the Budget statement
15 March 2021
The House of Lords debated the economy in light of the Budget statement, on Friday 12 March.
Speakers included a former Chancellor of the Exchequer, a former General Secretary of the Trades Union Congress (TUC) and the President of the Confederation of British Industry.
Lord Agnew of Oulton (Conservative), Treasury Minister, put forward the debate and responded on behalf of the government.
There were 120 members with wide-ranging experience across business, government and academia who took part. Speakers included:
- Lord Bilimoria (Crossbench), president of the Confederation of British Industry.
- Baroness Kramer (Liberal Democrat), former vice president of Citibank
- Lord Lamont of Lerwick (Conservative), former Chancellor of the Exchequer
- Lord Monks (Labour), former General Secretary of the TUC
This was a general debate. During debates, members put their experience to good use to discuss current issues and draw the government's attention to concerns.
Five members made their maiden speech, the first speech by a new member in the Lords:
- Lord Bellingham (Conservative)
- Lord Benyon (Conservative)
- Lord Cruddas (Conservative)
- Baroness Foster of Oxton (Conservative)
- Lord Khan of Burnley (Labour)
- Business, industry and consumers
- Communities and families
- Economy and finance
- Parliament, government and politics
- Social security and pensions