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Lords debates financial markets

4 November 2022

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The House of Lords debated the importance of stability in the financial markets and its impact on pensions, mortgages, and the rental market, on Thursday 3 November. 


Lord Sharkey (Liberal Democrat) put forward the debate.

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.    

Members speaking   

Members speaking in the debate included:

  • Lord Best (Crossbench), former Chair of the Affordable Housing Commission
  • Lord Desai (Labour), economist and Professor Emeritus of the London School of Economics
  • Baroness Kramer (Liberal Democrat), Policy Advisory Board member, Social Market Foundation
  • Lord Young of Cookham (Conservative), former Financial Secretary (HM Treasury)

Baroness Penn (Conservative), Parliamentary Secretary, HM Treasury, responded on behalf of the government. 

Get involved   

Watch and read the debate  

Find out more about the issues discussed: catch up on Parliament TV or read the Lords Hansard transcript.

Explore background information  

Find out more about the issues the debate covers in the House of Lords Library briefing.  

Learn more about how the House of Lords checks and challenges government.

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