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Business should be grateful for the House of Lords

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18.12.2025

LONDON, ENGLAND - JULY 17: King Charles III, wearing the Imperial State Crown and the Robe of State, sits alongside Queen Camilla, wearing the George IV State Diadem, as he reads the King's Speech from the The Sovereign's Throne in the House of Lords chamber, during the State Opening of Parliament, at the Houses of Parliament, on July 17, 2024 in London, England. King Charles III delivers the King's Speech setting out the new Labour government's policies and proposed legislation for the coming parliamentary session. (Photo by Henry Nicholls - WPA Pool/Getty Images)

Few would argue for our current constitutional arrangement if it didn’t already exist, but right now the House of Lords is doing an important job challenging the government from the right, says Emma Revell

Standing in the middle of the City of London, you often feel like you’re part of a Britain that’s racing into the future. Pay a visit to the House of Lords, and you’re part of a Britain that’s firmly stuck in the past.

One is fast-paced, sleek and modern, with bustling streets of glass and steel. The other is, at best, a little fusty. Dark wooden rooms, panelling and gilt, an entrance lobby that – with its parade of coat pegs for every peer – resembles a very, very posh version of a primary school changing room. One is go-getting and meritocratic. The other revolves around privilege, much of it quite literally inherited.

And yet, as 2025 turns into 2026, the business world has quite a lot to thank the........

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