Contributions
464 recent contributions in Hansard
HANSARD Access to Banking: DevonI thank my hon. Friend for her point and I should not have left her out when talking about the committed Members of Parliament who work on this area. I pay tribute to her for the…24 Apr 2024HANSARDDraft Financial Services and Markets Act 2000 (Disapplication or Modification of Financial Regulator Rules in Individual Cases) Regulations 2024In terms of where I agree with the hon. Lady, I did not just read about this in the Financial Times last year; I have met mid-tier banks, and I understand their challenges. Their…15 Apr 2024HANSARDDraft Financial Services and Markets Act 2000 (Disapplication or Modification of Financial Regulator Rules in Individual Cases) Regulations 2024I thank my hon. Friend for that point, and I will respond to him in two ways. First, this is typically about looking prospectively forward, so it is not envisaged that this power…15 Apr 2024HANSARDDraft Financial Services and Markets Act 2000 (Disapplication or Modification of Financial Regulator Rules in Individual Cases) Regulations 2024I beg to move, That the Committee has considered the draft Financial Services and Markets Act 2000 (Disapplication or Modification of Financial Regulator Rules in Individual…15 Apr 2024HANSARDDraft Financial Services and Markets Act 2000 (Disapplication or Modification of Financial Regulator Rules in Individual Cases) Regulations 2024I thank the hon. Lady for her points. In essence, the regulations give the PRA much more flexibility around the entire rulebook to apply to any specific firm. If the question is…15 Apr 2024HANSARDTopical QuestionsI am happy to meet the hon. Member to discuss the precise circumstances of his constituent’s case. In general terms, it is a priority for us to ensure that people get access to…19 Mar 2024HANSARDTopical QuestionsI thank my hon. Friend for her question. First, it is important to note her consistent championing of this issue for her constituents, for which she deserves huge commendation. To…19 Mar 2024HANSARDSafe Hands PlansI recognise that this has been a very challenging time for Safe Hands customers. The hon. Member will be aware that the FCA, as the independent regulator of the funeral plan…19 Mar 2024HANSARDSafe Hands PlansI share the hon. Member’s anger at how Safe Hands customers have been treated. The business is under criminal investigation by the Serious Fraud Office and its administrators are…19 Mar 2024HANSARDTopical QuestionsMy right hon. Friend is another good example of a Member who is an excellent champion for her constituents, on this issue and so many others. As for her specific point, it is…19 Mar 2024HANSARDBudget ResolutionsShe is cutting and pasting. I cannot see her, but if she needs ideas and is happy to come in, there is always the option—and she has done it before—to cut and paste from someone…12 Mar 2024HANSARDBudget ResolutionsI thank the hon. Gentleman for that point. If he looks in the Red Book, he will see that the forecast for the next spending review period is that real-terms spending on public…12 Mar 2024HANSARDBudget ResolutionsNo, I will not give way. I wish to make some progress. My hon. Friends the Members for St Ives (Derek Thomas), for Broxtowe (Darren Henry), and for North West Norfolk (James Wild)…12 Mar 2024HANSARDBudget ResolutionsThis is great fun, Mr Deputy Speaker. I say to the shadow Chief Secretary that we have been very clear about this. We have cut national insurance by a third in the last two fiscal…12 Mar 2024HANSARDAuthorised Push Payment FraudThe Government take the issue of fraud very seriously and are dedicated to protecting the public from this devastating crime. According to UK Finance, in the first half of 2023…12 Mar 2024HANSARDBudget ResolutionsIt is not our plan to resurrect anything from the mini-Budget. We have our plan and we set it out in our Budget. As the son of a doctor and a pharmacist, as many of us are on the…12 Mar 2024HANSARDBudget ResolutionsIt is a pleasure to close these three days of debate on the Government’s spring Budget. Before I get on to more contentious points, I will start on some common ground. We all know…12 Mar 2024HANSARDBudget ResolutionsI will make some progress, and then I will give way. From upgrading computer systems to using artificial intelligence to automate tasks, we will upgrade the NHS’s technology for…12 Mar 2024HANSARDDraft Bank of England Levy (Amount of Levy Payable) Regulations 2024I thank my hon. Friend for that question. It is my understanding that there is not an appeal process, but the reason for that is that there is an agreed formula for when it…20 Feb 2024HANSARDDraft Bank of England Levy (Amount of Levy Payable) Regulations 2024I shall do my best to answer the hon. Lady’s questions in the Committee. On her first question, there is no current plan to introduce non-bank financial institutions as part of…20 Feb 2024