Contributions
1,280 recent contributions in Hansard
HANSARDGrowth Plan: Mortgage Interest RatesI am glad that the hon. Lady’s constituents, among many others, will benefit both from our mortgage interest support and from there being almost double the number of mortgage…05 Sept 2023HANSARD Local Bank Branch ClosuresI will take one final intervention, but hon. Members would learn more if they allowed me to make some progress.05 Sept 2023HANSARDGrowth Plan: Mortgage Interest RatesOver the course of 2022, high inflation from Putin’s illegal invasion of Ukraine saw interest rates increase across most western economies. The path to lower rates is through low…05 Sept 2023HANSARD Local Bank Branch ClosuresI do not know whether the hon. Gentleman is deliberately failing to understand, but the protection of access to cash and the ability to deposit cash—that is important if we want…05 Sept 2023HANSARD Local Bank Branch ClosuresThe hon. Gentleman is working his way towards one of the potential answers. Colleagues have mentioned the banking hubs. When a bank seeks to close a branch, the FCA process…05 Sept 2023HANSARD Local Bank Branch ClosuresI will take an intervention. We are on the Adjournment and should be mindful of time.05 Sept 2023HANSARD Local Bank Branch ClosuresThis Government take responsibility, and I was just about to explain how, for the first time, we have taken the statutory right to protect the use of cash. That has been on the…05 Sept 2023HANSARD Local Bank Branch ClosuresIn the interest of time I will stick to the topic, but I am delighted that the hon. Member is here in person, as indeed are you, Mr Deputy Speaker. Change is not comfortable, but…05 Sept 2023HANSARD Local Bank Branch ClosuresI thank the contributors on both sides of the House, including my hon. Friends the Members for Dewsbury (Mark Eastwood) and for Broxtowe (Darren Henry), and of course the hon.…05 Sept 2023HANSARDGrowth Plan: Mortgage Interest RatesI welcome the hon. Gentleman to his position. He has had a feisty morning reading his Walworth Road brief. Let me offer him the opportunity to correct the record, because Labour…05 Sept 2023HANSARDTopical QuestionsYes, I agree with my hon. Friend on this matter. It is one reason why we have beefed up the role of the financial regulators review commissioner, and we will also be requiring the…05 Sept 2023HANSARDTopical QuestionsThe FCA has significant sanctions in respect of the closure of ATMs that would leave communities without the right of free access to cash. On the closure of bank branches, we are…05 Sept 2023HANSARDTopical QuestionsThe right hon. Member makes a significant contribution to the debate about the nation’s pension funds. Our objective to increase investment—to drive increased returns for pension…05 Sept 2023HANSARDTopical QuestionsMy hon. Friend, the Chair of the Treasury Committee, makes a really important point about what is called the advice gap. Treasury officials, the FCA and I are consulting on that,…05 Sept 2023HANSARDTopical QuestionsWith millions of British jobs dependent on financial services, including an estimated 20,000 jobs in Brighton and Hove, I hope the hon. Lady will join me in celebrating a…05 Sept 2023HANSARDTopical QuestionsDuring the summer, we announced that we have given directions to the Financial Conduct Authority in respect of access to cash: it should be no more than 1 mile in an urban area,…05 Sept 2023HANSARDTopical QuestionsYes, I will be very happy to meet the hon. Gentleman. What happened with Safe Hands is a scandal, and that is why we have enlarged the regulatory perimeter to bring those who seek…05 Sept 2023HANSARDPension Schemes: UK Investment IncentivesI am not familiar with the issue that the hon. Lady speaks about. I would be very happy to meet her to understand it in more detail.05 Sept 2023HANSARDPension Schemes: UK Investment IncentivesMy hon. Friend makes an important point. With the right precautions, it is right that we look at that to incentivise employers to deliver the highest returns for pension savers.05 Sept 2023HANSARDPension Schemes: UK Investment IncentivesAt Mansion House, the Government presented a series of pension reforms that will increase returns for savers and enable the financial sector to unlock capital for some of the UK’s…05 Sept 2023