The Finance Bill 2011 - Economic Affairs Committee Contents


The members of the Sub-Committee which conducted the inquiry were:

Lord Bilimoria

Lord Griffiths of Fforestfach

Lord Hollick

Baroness Kramer

Lord McFall of Alcluith

Lord MacGregor of Pulham Market (Chairman)

Lord Maples

Lord Moonie

Baroness Noakes

Lord Shipley

Lord Wakeham

Dr Trevor Evans CBE JP and Mr Tony Orhnial CB, retired senior officials of HM Revenue and Customs and HM Treasury, were appointed as Specialist Advisers to the inquiry.

Declaration of Interests

Members of the Finance Bill Sub-Committee declared the following interests as relevant to the inquiry:


In addition to that which is declared in my Register of Interests, including being Chairman of the Cobra Beer Partnership Limited, President of the UK India Business Council, and non executive director and senior independent director of the Booker Group PLC, I also qualified in 1986 as a chartered accountant with what is today Ernst & Young and am an alumnus of Ernst & Young. Through my companies I also work/have worked with several accounting and law firms including: KPMG, Price Waterhouse Coopers, Grant Thornton, PSJ Alexander and Company; law firms include Clyde and Co, Olfwang, Weil, Gotshal & Manges, and Clifford Chance. The banks that I deal with on a personal and corporate basis are, HSBC, Barclays, Coutts, and ICICI. Brokers include Investec and JP Morgan Cazenove and I also hold quoted and unquoted investments. I am also a patron/ trustee/commissioner of various charitable organisations as listed in my Register of Interests.


Director, Diageo plc

Director, Honeywell Inc

Director, BMG Rights Management

Partner, G.P. Bullhound

Partner, Strand Film Partners


Chairman, Foresight Solar VCT (venture capital trust investing mainly in solar power generation)

Non-executive Director, Agatha Christie Ltd (owner of literary copyrights)

Non-executive Director, Value Retail plc (owner of shopping malls in the UK & other EU countries)


Director (Chairman, Audit Committee), NBNK Investments plc (banking). Complete list of interests are declared in the Register

NOAKES, Baroness

Director of and shareholder in companies, all listed in the Register of Members' Interests


Membership of Newcastle City Council and the Board of One North East in relation to taxation policy on public bodies

Membership of the Board of several charities including the Theatre Royal Newcastle and the Princes Trust N.E. in relation to taxation policy on charitable bodies.


Client of Marcfarlanes (as declared on 27 April 2011).

A full list of Members' interests can be found in the Register of Lords' Interests:

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