Lords discusses level of the pound
18 November 2016
Members of the Lords, including a former director of Barclays Bank and the chairman of the Cobra Beer Partnership, debated the impact on the economy and investment of fluctuations in the level of the pound sterling, in the House of Lords on Thursday 17 November.
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- Lords Library note: Strength of the Pound Sterling: Economy and Investment
This was a balloted debate. They normally take place on a Thursday in the chamber. 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 McIntosh of Pickering (Conservative).
Members taking part included:
- Baroness Kramer (Liberal Democrat), former partner at Infrastructure Capital Partners
- Lord Bilimoria (Crossbench), chairman of the Cobra Beer Partnership Ltd
- Lord Haskel (Labour), member of the Financial Exclusion Committee
- Lord Vinson (Conservative), former director of Barclays Bank
Lord Young of Cookham (Conservative), spokesperson for the Treasury, responded on behalf of the government.
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