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house of lords

  • Criminal investigation launched into Mandelson’s Downing Street ‘leaks’

    Politics

    A criminal investigation has been launched into Peter Mandelson, according to reports. The news comes after the scandal-hit politician decided to step down from the House of Lords following fresh pressure on the Labour veteran after the latest bombshell drop of the Epstein files. The Lord Speaker said on Tuesday afternoon Mandelson would exit the [...]

    Peter Mandelson speaking at a business conference podium with audience in background, discussing economic strategies.
  • Ministers urged to extend ‘nightmare’ deadline for paying inheritance tax

    Personal Finance

    The UK government has set an unrealistic deadline for inheritance tax payments on unused pensions, a House of Lords committee has warned. The House of Lords economic affairs committee urged the government to extend the deadline for pension fund personal representatives, who are typically estate executors, from six months to 12 months. The committee argued [...]

    Lords have warned the IHT deadline is to tight
  • Peers warn ‘passive’ Treasury not aware of private credit risks

    Regulation

    The Treasury is being too passive about the risks posed to the economy by the rapid growth of private credit in the UK, according to an influential group of peers who accused ministers of “handing out the donkey work” of overseeing the sector to regulators. In fresh report examining the systemic risk posed by private [...]

    The House of Lords tabled several amendments to the government's workers' rights overhaul (Photo by ALBERTO PEZZALI/POOL/AFP via Getty Images)
  • ‘Day-one’ rights abandoned: Lawyers warn six-month rule marks significant change for businesses

    November 28, 2025

    The government has caved at the final hurdle after weeks of the House of Lords ping-ponging the Employment Rights Bill over the controversial ‘day one’ rights. The House of Lords has been fighting back against several key points in the Bill, especially the day-one rights. The highly contested Bill was a significant part of Labour’s [...]

  • Backlogs and political attacks risk erosion of rule of law, Lords claim

    November 20, 2025

    The rule of law in the UK is being weakened, and everyone must take steps to protect it against further erosion, says a damming House of Lords report. The ‘Rule of law: holding the line between anarchy and tyranny’ report, published on Thursday, identified three areas contributing to the decline: social/cultural erosion, institutional failings in [...]

  • Lloyds boss ‘concerned’ with motor finance impact on UK investability 

    November 5, 2025

    The boss of Lloyds Banking Group told has lawmakers there was a “deeply important” investability issue in the financial watchdog’s proposed motor finance redress scheme. Charlie Nunn said, in a session with the House of Lords Financial Services Regulation Committee on Wednesday, he was “concerned” about investability and sentiment towards the UK following the regulator’s redress. “Having a [...]

  • Exclusive: Tory peer Lord Garnier joins Pillsbury amid London expansion

    November 4, 2025

    Tory peer Lord Edward Garnier is joining US law firm Pillsbury as senior counsel, as it continues its expansion into the City, City AM can reveal. Lord Garnier KC, currently a member of the House of Lords, served as Solicitor General under David Cameron. He was MP for Harborough from 1992 to 2017. The barrister, [...]

  • Labour faces setback as Lords boots back workers’ rights Bill

    October 29, 2025

    The Employment Rights Bill failed to clear the final hurdle, as the House of Lords ping-ponged it back to MPs for further debate over disputed points, including the controversial granting of ‘day one’ rights. The highly contested Bill, which was a significant part of Labour’s manifesto, will see a major overhaul in the UK’s employment [...]

  • Smuggling gangs likely to capitalise on tobacco bill, experts say

    October 27, 2025

    As the Lords debate Labour’s tobacco and vapes Bill, experts have warned it could hand a major victory to the same organised criminal gangs behind illegal smuggling. Labour’s proposed Bill, which started the committee stage at the House of Lords on Monday, would create a generational ban on tobacco sales and implement stricter regulations on [...]

  • Investment minister Jason Stockwood: I don’t want to be political

    October 22, 2025

    Jason Stockwood insists he hadn’t been angling for a plumb ministerial job before the call from Keir Starmer asking for him to be investment minister came six weeks ago. The serial entrepreneur – and Grimsby Town Football Club co-owner – had, instead, been “moaning” about the paucity of politicians with genuine business experience, when the [...]

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