Contributions
1,438 recent contributions in Hansard
HANSARDFinancial Services Bill (Ninth sitting)The powers are necessary to prevent not only exploitation that might pose some systemic risks to the financial system, but catastrophic loss to UK investors due to rogue investors…01 Dec 2020HANSARDFinancial Services Bill (Ninth sitting)I praise the Minister for his diplomacy. Having been a Treasury Minister myself, I know that diplomacy is extremely important when he sits in his bivouac. Has he made any…01 Dec 2020HANSARDFinancial Services Bill (Ninth sitting)Just briefly to add to the questions from my right hon. Friend, why on earth is there all this faffing about when we are having total equivalence and companies will want the rules…01 Dec 2020HANSARDFinancial Services Bill (Ninth sitting)I am sorry to press the Minister again, but this area is crucial to ensuring that our financial services industry is properly and appropriately regulated. We will be discussing…01 Dec 2020HANSARD Public HealthIn this pandemic, the Government have always been behind the curve—too slow to take the necessary decisions, too slow into lockdowns and not making the right decisions in a timely…01 Dec 2020HANSARDFinancial Services Bill (Eighth sitting)Obviously, this is a very technical area, to say the least. I just want to ask a couple of questions so that I can get my head round how the FCA will use the power. We have…26 Nov 2020HANSARDFinancial Services Bill (Eighth sitting)Is my right hon. Friend therefore surprised or unsurprised that the Office for Budget Responsibility documents yesterday said that the cost of the end of the transition period…26 Nov 2020HANSARDFinancial Services Bill (Eighth sitting)Given that some of the areas caught by this part of the regulation were previously quite esoteric, but might not be so esoteric in the not-too-distant future—I am thinking of…26 Nov 2020HANSARDFinancial Services Bill (Eighth sitting)Clearly, the potential situation is there now. In evidence, the response—reasonably—was that that has not happened to date, even though there have been close connections between…26 Nov 2020HANSARDFinancial Services Bill (Eighth sitting)My hon. Friend gives an example of exactly the kind of point I was trying to make more generally about ensuring that these regimes are correct. Given that Gibraltar governs…26 Nov 2020HANSARDFinancial Services Bill (Eighth sitting)I suppose I want the Minister to reassure me about the fact that financial markets are rapid and regulation—if there is an equivalence regime, or mini-single market as my right…26 Nov 2020HANSARDFinancial Services Bill (Eighth sitting)I recognise that I missed a lot of exciting things this morning, but I do not think the Minister is really moving on from that, as he now has to do the work to put it into effect.26 Nov 2020HANSARDFinancial Services Bill (Eighth sitting)Will the Economic Secretary share with the Committee the intention behind the extension to 2025? He said that it was to create certainty—I can understand that. Is the intention to…26 Nov 2020HANSARDFinancial Services Bill (Eighth sitting)Does the Economic Secretary think that, given the incredible trouble that the wind-down of LIBOR has caused in the markets—not least because of what is on the face of the Bill and…26 Nov 2020HANSARDFinancial Services Bill (Eighth sitting)Again, I have just a few questions so that I can get in my head precisely what the reason is for putting this in primary legislation. LIBOR clearly had its issues but it was used…26 Nov 2020HANSARDFinancial Services Bill (Eighth sitting)None taken.26 Nov 2020HANSARD Spending Review 2020 and OBR ForecastIn this covid crisis, the Government have presided over an horrific double whammy of one of the largest per capita death rates in the world and the deepest recession in the G7,…25 Nov 2020HANSARDFinancial Services Bill (Fifth sitting)Like the hon. Member for Glasgow Central, I am on the Treasury Committee. We have a very full programme. The hon. Member for Hertford and Stortford also shares the pleasures of…24 Nov 2020HANSARDCovid-19 VaccinesWhat steps the Government are taking to help ensure equitable access to covid-19 vaccines for people living in the global south.24 Nov 2020HANSARDCovid-19 VaccinesIn a pandemic we are only as strong as our weakest link. Is the Minister convinced that, even though we are one of the largest donors, we are doing enough to ensure that…24 Nov 2020