United Kingdom parliament
David Pitt-Watson
Member of the House of Lords · Labour
Transcripts of what David Pitt-Watson said in Parliament, sitting by sitting. Only speeches whose speaker is confirmed are shown.
Sittings appear here a month after they are held.
Latest speeches
House of Lords · House of Lords · 17 September 2026
Oral questions: Welfare budget, fraud and funding defence
“The government's commitment to the defense of this country is absolute. We have the third highest absolute expenditure on defense amongst our allies. We will honor our NATO commitment of 3.5% by 2035 and in direct answer to the Noble…”
Watch from 23:17
House of Lords · House of Lords · 16 September 2026
Third oral question: £110bn government debt interest
“My Lords, this question about the government's interest bill is a really good one. One in ten pounds of government money is now spent paying interest. There are three elements causing this. One is the level overall of borrowing and…”
Watch from 24:10Spending cuts, ‘moron premium’ and index-linked gilts
“I think it's the overall fiscal discipline that is the central question. You mentioned the moron premium. Discipline is really important. I don't know whether all the noble lords understand what the moron premium refers to. It was a slight…”
Watch from 25:53Fiscal rules, QE losses and public sector productivity
“So I have read that document. I'd point out that in 2025-26 our borrowing will be the lowest for six years, and for the first time since 2004 we're projected to borrow less than the OECD average. In terms of…”
Watch from 29:15
House of Lords · House of Lords · 15 September 2026
Financial Services and Markets Bill – Climate and nature duties and division
“My Lords, I will begin by making a short statement on the position regarding legislative consent on the bill. Legislative consent from the Northern Ireland Assembly and the Scottish Parliament is required for clauses 49 and 51, which concern cryptoassets…”
Watch from 2:21:33Financial Services and Markets Bill – Climate and nature duties and division
“My noble Lords, I think there is a wide agreement that finance is absolutely essential for the running of our economy and that we want the British finance industry to be as successful as possible. I think that there would…”
Watch from 2:32:40Financial Services and Markets Bill – Final passage and oversight issues
“The Bill of course is broad. It touches on lots of areas, but it's united by one common theme. I think it's a theme shared by the House that we want to create a clear set of rules which allows…”
Watch from 2:51:22
House of Lords · House of Lords · 14 September 2026
Hospitality VAT PNQ: government support versus £11bn cost
“My Lords, thank you. I'd like to begin just by recognizing and thanking the hospitality businesses for their enormous contribution to jobs, you know, nearly 3 million jobs, growth, communities, the economy, it's nearly 100 billion, I think, contribution to…”
Watch from 1:30:47Hospitality VAT PNQ: government support versus £11bn cost
“So look, I can't comment particularly in the run-up to the budget about changes in taxation. But just if I might correct the noble Lord, the point I think I made in my first question was that there has been…”
Watch from 1:33:17Calls for VAT cut, NICs reform and response on tourist taxes
“I would entirely echo her congratulation to the hospitality industry. And for the questions that she has asked after the budget, I would be more than happy to be able to answer them. But I think most of them are…”
Watch from 1:35:08
House of Lords · House of Lords · 10 September 2026
Fiscal outlook debate: Bond markets, tax levels and ministerial defence
“My Lords, I thank the noble Lord, Lord Bridges, for securing this debate and congratulate him on his opening speech. I also thank all the noble Lords for their contribution today, and it's a pleasure to respond to this debate,…”
Watch from 3:15:30
House of Lords · House of Lords · 9 September 2026
Financial regulators’ proportionality and transparency duties
“My Lords, I'm grateful to the noble Baroness Hayman for these amendments and for the wider debate on sustainable finance and adapting to climate change. These amendments address a number of important issues: climate transition planning, tackling deforestation, how the…”
Watch from 2:01:45Financial regulators’ proportionality and transparency duties
“My lords, thank you for this debate. I hope it does demonstrate that the government has listened carefully to the arguments made by noble lords during committee debates and recognizes the strength of feeling and the logic around addressing clause…”
Watch from 2:37:47Section 166 ‘skilled person’ reviews and House division
“My Lords, this group raises two important but distinct questions: how the prudential framework should treat lending that supports employee ownership cooperatives and mutuals, and when regulators should use skilled person reviews under section 166 of FSMA. The government has…”
Watch from 3:05:22
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Polyfact records and transcribes the sittings and committee hearings of United Kingdom's parliaments. A passage appears here only once its speaker is confirmed, by the official record or by a person; automatic guesses are left out.