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Lord Howard of Rising (Con)

Speaking in the House of Lords on 14 October 2024

Debate

Crown Estate Bill [HL]

Contribution

My Lords, I thank the Minister for accepting the principle that there should be a limit on lending; 25% is probably more than I would have liked to go for, but nevertheless I am grateful that the principle has been accepted. That would probably be better in statute than in a memorandum of understanding, but perhaps I could reflect on that. Really, the Minister has taken the wind out of the sails of my Amendment 9, so I beg leave to withdraw it.

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