Contributions
464 recent contributions in Hansard
HANSARD Bank Profits: Windfall TaxI congratulate the hon. Member for Leeds East (Richard Burgon) on securing this debate. He is an assiduous attender in the House, he cares a lot about these issues and I respect…06 Dec 2023HANSARD Bank Profits: Windfall TaxThis is a rolling programme. We are trying to speed it up and in due course there will, of course, be changes and updates to it. It is equally important that banks make an…06 Dec 2023HANSARDDraft Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) (No. 2) Order 2023
Draft Financial Services and Markets Act 2023 (Benchmarks and Capital Requirements) (Amendment) Regulations 2023
Draft Financial Services and Markets Act 2023 (Consequential Amendments) Regulations 2023I beg to move, That the Committee has considered the draft Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) (No. 2) Order 2023.05 Dec 2023HANSARDDraft Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) (No. 2) Order 2023
Draft Financial Services and Markets Act 2023 (Benchmarks and Capital Requirements) (Amendment) Regulations 2023
Draft Financial Services and Markets Act 2023 (Consequential Amendments) Regulations 2023In addition to being snappily names, each of these three statutory instruments makes updates to financial services regulation to ensure that it remains effective. Let me first…05 Dec 2023HANSARDDraft Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) (No. 2) Order 2023
Draft Financial Services and Markets Act 2023 (Benchmarks and Capital Requirements) (Amendment) Regulations 2023
Draft Financial Services and Markets Act 2023 (Consequential Amendments) Regulations 2023I thank the hon. Lady for her questions and for her support. In essence, what we are doing here is completely separate to what is going on in Basel 3.1, which is due to be…05 Dec 2023HANSARDDraft Resolution of Central Counterparties (Modified Application of Corporate Law and Consequential Amendments) Regulations 2023
Draft Financial Services and Markets Act 2023 (Resolution of Central Counterparties: Partial Property Transfers and Safeguarding of Protected Arrangements) Regulations 2023
Draft Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023I beg to move, That the Committee has considered the draft Resolution of Central Counterparties (Modified Application of Corporate Law and Consequential Amendments) Regulations…28 Nov 2023HANSARDDraft Resolution of Central Counterparties (Modified Application of Corporate Law and Consequential Amendments) Regulations 2023
Draft Financial Services and Markets Act 2023 (Resolution of Central Counterparties: Partial Property Transfers and Safeguarding of Protected Arrangements) Regulations 2023
Draft Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023I will lay out three sets of draft regulations. First, I will address the two statutory instruments that relate to the expanded resolution regime for central counterparties,…28 Nov 2023HANSARDDraft Resolution of Central Counterparties (Modified Application of Corporate Law and Consequential Amendments) Regulations 2023
Draft Financial Services and Markets Act 2023 (Resolution of Central Counterparties: Partial Property Transfers and Safeguarding of Protected Arrangements) Regulations 2023
Draft Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023I thank all hon. Members for their consideration of the regulations. To address the points made by the hon. Member for Ealing North, in relation to accountability and…28 Nov 2023HANSARD Autumn Statement ResolutionsDon’t miss him; he’s still here. Make no mistake, Madam Deputy Speaker: this is an autumn statement for growth—one that supports entrepreneurs, cuts business tax, rewards work and…22 Nov 2023HANSARD Autumn Statement ResolutionsI am delighted to bring today’s debate on the measures in the autumn statement to a close, and also to pay tribute to my shadow, my good friend the hon. Member for Hampstead and…22 Nov 2023HANSARD Autumn Statement ResolutionsI will not. Members may wonder how we are able to cut taxes and bring our debt down at the same time in a fiscally responsible way. We are able to do it because we back British…22 Nov 2023HANSARDContingent Liability Notification: Mortgage Guarantee SchemeAt this year’s autumn statement, the Chancellor announced that the mortgage guarantee scheme will be extended by an additional 18 months to continue to support homebuyers and…22 Nov 2023HANSARD Autumn Statement ResolutionsOf course I understand that distinction, but that does not take away from the fact that if we are borrowing, it has to be paid for. Unless the Labour party can show how it is…22 Nov 2023HANSARD Autumn Statement ResolutionsThe measures here are designed to grow the economy, to make us more prosperous, to make businesses invest more and to cut taxes for working people, so I am confident that that…22 Nov 2023HANSARDMortgage SupportAs the hon. Member knows, the reason why we are in this position is that there is a global phenomenon. We are doing what we can. We are working closely with the Bank of England…14 Nov 2023HANSARDDefence Sector InvestmentThe Secretary of State for Defence and my predecessor, my hon. Friend the Member for Arundel and South Downs (Andrew Griffith), recently set out that the values within ESG…14 Nov 2023HANSARDDefence Sector InvestmentI thank the hon. Member for his question, which is incredibly important. As he knows, this Government are absolutely committed to ensuring that jobs in the defence sector, within…14 Nov 2023HANSARDMortgage SupportI thank the shadow Minister for his kind words, at least in relation to me. It is important to recognise that in the eurozone, the United States and the UK there have been broadly…14 Nov 2023HANSARDMortgage SupportThe path to lower mortgage rates, as everybody in this House knows, is through lower inflation, which is why the Prime Minister and the Chancellor made halving inflation one of…14 Nov 2023HANSARDMortgage Interest RatesAs the hon. Member has already heard from the Chancellor, the economy is still growing. The latest labour market data shows that incomes are going up at a higher rate than…14 Nov 2023