House of Lords lashes out at Labour for ‘eliminating’ its oversight of financial watchdogs Regulation An influential group of peers have hit out at the government for ditching the Lords’ oversight of financial watchdogs as part of legislation passed in the King’s Speech. Writing in her capacity as chair of the Lords’ Financial Services Regulation Committee, Baroness Noakes said the government had “eliminated” an “integral” part of the regulatory system. [...]
Let’s create new hereditary peers and put them to work – just not in the Lords Opinion The government was right to abolish hereditary peers, but it would be a mistake to lose the custodians of the memories of great Britons of the past, says Bartek Staniszewski In the 70s, during a debate in the House of Lords, one of the peers quoted a Lord Chief Justice from the reign of King [...]