Contributions
1,280 recent contributions in Hansard
HANSARDFinancial Services and Markets Bill (First sitting)Q What is the competitive set you look at? Can you give us examples of jurisdictions that we are in competition with? Charlotte Clark: It is the United States, Bermuda, and…19 Oct 2022HANSARDFinancial Services and Markets Bill (First sitting)Q Thank you, Chris. I think we would all agree that payment systems are an increasingly important feature of our financial system. To be fair to them, I am trying to ask all the…19 Oct 2022HANSARDFinancial Services and Markets Bill (First sitting)Q We have a few minutes left. One perception is that this is about the City of London. Your members, I assume, hail from all parts of the UK, creating employment and wealth in…19 Oct 2022HANSARDFinancial Services and Markets Bill (First sitting)Q I have one supplementary. Thank you both for those answers. It was put to me this morning that the UK capital markets raised just 1% of all global equity issuance last year. I…19 Oct 2022HANSARDFinancial Services and Markets Bill (First sitting)Q Emma, the same question to you. Emma Reynolds: Thank you, Minister. I reiterate that the UK is one of the world’s leading international financial centres. I agree with David…19 Oct 2022HANSARDFinancial Services and Markets Bill (First sitting)Q What is your members’ view on the competitiveness duty in the Bill? David Postings: They welcome it. I think it is really important. It gives us balance and the opportunity to…19 Oct 2022HANSARDFinancial Services and Markets Bill (First sitting)Q Good morning. We will alternate questions; I will try to be brief and give you a broad opening question for the benefit of the Committee. Representing practitioners in the…19 Oct 2022HANSARDFinancial Services and Markets Bill (First sitting)Q Does anyone want to more directly address my question on competitiveness and opportunity? Sheldon Mills: I will be brief, in the interests of time. Clearly, the Bill represents…19 Oct 2022HANSARDContingencies Fund Advance: Asset Purchase FacilityThe Bank of England’s Monetary Policy Committee implements its quantitative easing (QE) programme through a subsidiary entity known as the Asset Purchase Facility (APF). HM…19 Oct 2022HANSARDEconomic Responsibility and a Plan for GrowthI am going to finish as quickly as I can. I have already said that difficult decisions will have to be made. Those decisions will never be made at the expense of the most…19 Oct 2022HANSARDEconomic Responsibility and a Plan for GrowthThe hon. Gentleman is generous with his comments. In fairness, it is not the Government’s position that it is all the fault of the global economy, which is why the Prime Minister…19 Oct 2022HANSARDEconomic Responsibility and a Plan for GrowthMy hon. Friend is absolutely right. I was aware of that, and inflation is 11% in Germany and 17% in the Netherlands. I hope that the hon. Member for Leeds West is listening,…19 Oct 2022HANSARDEconomic Responsibility and a Plan for GrowthYes.19 Oct 2022HANSARDEconomic Responsibility and a Plan for GrowthI was citing external forecasts, rather than making forecasts of where energy prices in an unprecedented moment of global volatility will be six months hence. Maybe the hon.…19 Oct 2022HANSARDEconomic Responsibility and a Plan for GrowthAs I said a moment ago, we have just eight sitting days now until the statement. Part of my role is to stay in very close touch with our highly valued banking community, and to…19 Oct 2022HANSARDEconomic Responsibility and a Plan for GrowthI will make a little progress and then give way. As the Chancellor said, at this point all measures remain on the table. My hon. Friend the Member for Salisbury (John Glen) will…19 Oct 2022HANSARDEconomic Responsibility and a Plan for GrowthI thank my hon. Friend, and pay tribute to my right hon. Friend the Member for Richmond (Yorks) (Rishi Sunak) for all that he did to put the economy in a strong position, and to…19 Oct 2022HANSARDEconomic Responsibility and a Plan for GrowthNo, I am going to make some progress. I have talked about the measures that we are taking to support growth, and about the tough decisions that the Chancellor spoke about in the…19 Oct 2022HANSARDEconomic Responsibility and a Plan for GrowthI think we all have constituents who are rightly worried in these times of global turbulence and increasing interest rates in every part of the world. The hon. Lady will forgive…19 Oct 2022HANSARDEconomic Responsibility and a Plan for GrowthI will give way one more time, and then, if Members will forgive me, I will make some progress.19 Oct 2022