Contributions
2,622 recent contributions in Hansard
HANSARDBanking HubsI agree with that in principle, and that is what the FCA set out in its consultation. If the assessment is that a community needs services, it will be beholden upon the designated…11 Dec 2023HANSARDBanking HubsIn many circumstances banking hubs have a private room where community bankers can meet customers to discuss their financial requirements. Cash Access UK, the partnership that…11 Dec 2023HANSARDBanking HubsMy Lords, since January 2022, the financial services sector has opened 23 banking hubs, with another 27 hubs expected by Easter next year. Following government legislation, last…11 Dec 2023HANSARDBanking HubsI recognise what the noble Baroness is saying. The criteria currently used to assess whether a community needs a banking hub are set out in consultation with the financial…11 Dec 2023HANSARDBanking HubsI think what the noble Lord has just set out is exactly what the Government are doing. The FCA consultation goes into an awful lot of detail on the criteria that will need to be…11 Dec 2023HANSARDBanking HubsThat is why the Government decided that it was time to legislate. We felt that the voluntary initiative was not coming along fast enough, and we legislated in the Financial…11 Dec 2023HANSARDPayment and Electronic Money Institution Insolvency (Amendment) Regulations 2023That the Grand Committee do consider the Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023.06 Dec 2023HANSARDPayment and Electronic Money Institution Insolvency (Amendment) Regulations 2023My Lords, these draft regulations will expand the application of the existing insolvency arrangements for electronic money and payment institutions so that they apply to firms in…06 Dec 2023HANSARDPayment and Electronic Money Institution Insolvency (Amendment) Regulations 2023My Lords, I can hear much flapping of papers behind me, so I have no doubt that I will not be able to answer all the questions in full, but I will do my best. I am grateful to the…06 Dec 2023HANSARDAutumn Statement 2023The noble Lord is exactly right. But the counterfactual is what happened before the Autumn Statement. People are, in general, paying less than they would have done previously.…29 Nov 2023HANSARDAutumn Statement 2023Is that genuinely funny or is it just performative? It will not surprise noble Lords to learn that I did not agree with all the points raised, but there have been others that have…29 Nov 2023HANSARDAutumn Statement 2023We are both correct. The noble Lord, Lord Macpherson, asked whether it was the Government’s policy now to favour national insurance reductions over income tax reductions. I think…29 Nov 2023HANSARDAutumn Statement 2023My Lords, I am enormously grateful to all noble Lords for their very valuable and interesting contributions to today’s debate and for their kind words in welcoming me to my new…29 Nov 2023HANSARDAutumn Statement 2023That this House takes note of the Chancellor’s Autumn Statement 2023.29 Nov 2023HANSARDAutumn Statement 2023A medal? I am going to come up with a medal. She is going to get it, because she came up with a plan. Of course, her plan was more taxes—but we knew that was going to happen, so…29 Nov 2023HANSARDAutumn Statement 2023As I said to my noble friend Lady Noakes, I will do my best. It is worth spending some time on my noble friend Lord Harrington’s review. I am enormously grateful for his work.…29 Nov 2023HANSARDAutumn Statement 2023I will go away and see what we can do. I said over 100 because it is now much more than 110. There are a lot of measures, and I will see what I can do to get together some sort of…29 Nov 2023HANSARDAutumn Statement 2023I will probably write to the noble Lord with clarity on that, because I would like to make a little progress. A number of noble Lords tried to pull out one element of the Autumn…29 Nov 2023HANSARDAutumn Statement 2023My Lords, it is a pleasure to open this debate on the measures brought forth by the Chancellor in last week’s Autumn Statement. It was a Statement designed to drive growth across…29 Nov 2023HANSARDAutomated Vehicles Bill [HL]That the bill be committed to a Grand Committee, and that it be an instruction to the Grand Committee that they consider the bill in the following order: Clauses 1 to 37, Schedule…28 Nov 2023