Canlyniadau 121–140 o 616 ar gyfer speaker:Lord Sikka

HMRC: Tax Returns - Question (10 Ion 2024)

Lord Sikka: My Lords, it is very interesting that the Minister here is defending an IT system installed by Fujitsu, after what we heard about the scandal at the Post Office. Coming back to the broader issue, as a result of fiscal drag there are more people filing self-assessment tax returns. Can the Minister tell us how many more people have been employed to handle the telephone queries? I have tried and...

Data Protection and Digital Information Bill - Second Reading (19 Rha 2023)

Lord Sikka: I would like some clarification. The Minister in the other place said: “I agree, to the extent that levels of fraud in state pensions being currently nearly zero, the power is not needed in that case. However, the Government wish to retain an option should the position change in the future”.—[Official Report, Commons, 29/11/23; col. 912.] Can the noble Viscount explain why the...

Data Protection and Digital Information Bill - Second Reading (19 Rha 2023)

Lord Sikka: My Lords, I join others in welcoming the noble Lord, Lord de Clifford, to this House. I look forward to hearing him in future debates. This Bill is a large Bill, written in an utterly arcane language which normal people will struggle to understand and follow. Hopefully, the Government will try to write Bills in a better way, otherwise it is hard for people to understand the laws and follow...

Conduct of Employment Agencies and Employment Businesses (Amendment) Regulations 2022 - Question (19 Rha 2023)

Lord Sikka: My Lords, could the Minister inform the House, either now or in a Written Statement, of the cost of developing, processing, enacting and defending this unlawful legislation? Can he also promise to refer this legislation and the court case to the newly appointed Minister of State without portfolio as an example of how the Government waste public money?

Homelessness - Question (18 Rha 2023)

Lord Sikka: My Lords, more than 300,000 people, including 140,000 children, are homeless in England, one of the wealthiest countries on this planet. Can the Minister tell the House why the Government’s policies continue to fail to reduce the number of homeless people in England?

Financial Stability: Private Equity Firms - Question (13 Rha 2023)

Lord Sikka: My Lords, private equity is part of the £131 trillion shadow banking system, which is largely unregulated even though it is much bigger than the regulated retail banking sector. Recently, IOSCO has said that the high leverage of private equity poses a threat to the world economy, so it is hard to see why the Minister is dismissing that. I ask the Minister to do two things: first, apply the...

National Insurance Contributions (Reduction in Rates) Bill - Second Reading (12 Rha 2023)

Lord Sikka: My Lords, I apologise for intervening, but just to back up the Liberal Democrats, it is not just Brexit. As the Minister will know, since 2010, between £450 billion and £1,500 billion of taxes have not been collected due to avoidance, evasion, fraud and error. If only a fraction of that had been collected, the Minister can imagine how the whole country would have been transformed. If the...

National Insurance Contributions (Reduction in Rates) Bill - Second Reading (12 Rha 2023)

Lord Sikka: I thank the Minister for giving way. I hear what she says, but people who have what the Minister calls unearned income—some people may call it “rentier income”, which is perhaps a clearer expression—can still use the National Health Service. If there was an accident, an ambulance would arrive, even though they had not paid any national insurance. If the need arises, they can still get...

National Insurance Contributions (Reduction in Rates) Bill - Second Reading (12 Rha 2023)

Lord Sikka: As the Minister knows, the taxes levied on dividends and capital gains are lower than the taxes on wages. If she wants her point to stand, can she explain why capital gains and dividends are taxed at a lower rate than wages? What is the justification for that?

National Insurance Contributions (Reduction in Rates) Bill - Second Reading (12 Rha 2023)

Lord Sikka: My Lords, in the era of never-ending real wage cuts, high inflation, high taxes, high interest rates and the cost of living crisis, any help for hard-pressed households is welcome, but that cannot hide the Government’s sleight of hand. Let us remember that last year the Government were prepared to increase the national insurance contribution rate for employees from 12% to 13.25%. They did...

Code of Practice on Reasonable Steps to be taken by a Trade Union (Minimum Service Levels) - Motion to Approve: Amendment to the Motion ( 6 Rha 2023)

Lord Sikka: My Lords, it is a pleasure to follow my noble friend Lord Hendy. I will ask the Minister to clarify a few things. My noble friend already quoted some of paragraph 33 of the Code of Practice, which requires the picket supervisors or other trade union officials “to use reasonable endeavours to ensure that picketers avoid … trying to persuade members who are identified on the work notice not...

Business of the House - Motion on Standing Orders ( 6 Rha 2023)

Lord Sikka: My Lords, I am not sure whether this is the appropriate place to ask some questions about the way we do business in this House, but I will try. The brief background to my point is this: ever since BHS’s demise in 2016, the Government have promised legislation that has not materialised. Then, on 19 July 2023, the Government published a draft statutory instrument, the Companies (Strategic...

Autumn Statement 2023 - Motion to Take Note (29 Tach 2023)

Lord Sikka: Can the Minister tell the House how much of QE is included in the public debt now? Why is it the case that, when the left hand of government transacts with the right, the Treasury with the central bank, it somehow creates debt?

Autumn Statement 2023 - Motion to Take Note (29 Tach 2023)

Lord Sikka: My Lords, the Budget is further evidence of the Government’s war on low and middle-income families. The 2p reduction in national insurance delivers zero benefit to 19 million adults whose annual income is less than £12,570. The two-child benefit cap continues and removes around £3,000 a year from some of the poorest families. Wages continue to be taxed at a much higher rate than capital...

General Elections: Party-political Spending - Question (29 Tach 2023)

Lord Sikka: My Lords, general election spending is funded by big corporations and the rich. They do not actually donate money; they invest—they expect a return. In the interests of transparency, would the Minister consider introducing a law to require political parties to state what returns they have promised and to whom?

Climate Change: Aims for COP 28 - Question (28 Tach 2023)

Lord Sikka: My Lords, the richest 1% are responsible for more carbon emissions than the poorest 66% combined. We all know that a well-established principle is that the polluter must pay. The Government now have a choice. They can levy wealth taxes on the ultra-rich, to reduce their capacity to pollute, or let the climate crisis deepen. Which of these options will the Government exercise, given that they...

NHS: General Medical Practitioners - Question (20 Tach 2023)

Lord Sikka: My Lords—

NHS: General Medical Practitioners - Question (20 Tach 2023)

Lord Sikka: My Lords, England has 7.8 GPs per 10,000 of population, compared with the OECD average of 10.8. That is a gap of 16,700 GPs. Can the Minister explain how England has fallen so far behind other OECD countries and what the human consequences of this are?

Authorised Push Payment Fraud Performance Report - Question (14 Tach 2023)

Lord Sikka: My Lords, only 59% of the stolen money has been returned to customers, according to the PSR report. Can the Minister explain what pressures there are on bank directors to, as it were, take care of the customers’ interest? The regulators seem to be incredibly complacent that over 40% of the money still has not been returned. Is it not really a case of restructuring the FCA and the PSR, to...

King’s Speech - Debate (4th Day) (13 Tach 2023)

Lord Sikka: My Lords, a sustainable economy requires high investment and good disposable income for the masses. The Government have failed on both counts. The OECD’s data shows that, despite low inflation, corporation tax and interest rates since 2010, the UK is almost the lowest investor in productive assets; it is ranked 35th out of 38 OECD countries. There are two major reasons for this, and...


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