Contributions
571 recent contributions in Hansard
HANSARDFinancial Services ReformIt is always a great pleasure to come and give evidence to the hon. Gentleman’s Committee. I reassure him that the Government are upholding the ringfencing regime. We must strike…16 Jul 2025HANSARDFinancial Services ReformI can reassure the right hon. Gentleman that we are not suggesting getting rid of risk warnings. I think that is what he was asking me most directly. One of the investment…16 Jul 2025HANSARDFinancial Services ReformI can reassure my hon. Friend that the concierge service will be working across the country. This is about ensuring that the UK has a single shop window for international firms…16 Jul 2025HANSARDFinancial Services ReformI might not be able to give my hon. Friend the specifics about her region right now, but I will say that my colleague the Pensions Minister, my hon. Friend the Member for Swansea…16 Jul 2025HANSARDFinancial Services ReformWell, what do I say to that? I think there is, with the exception of the hon. Member, cross-party support for the twin peaks financial services regulation that we have. Of course,…16 Jul 2025HANSARDFinancial Services ReformAbsolutely. This is something that the Chancellor and I—and indeed the Business Secretary and the Business Minister—are passionate about, and we are making sure that we deliver on…16 Jul 2025HANSARDFinancial Services ReformI am engaging with Martin Lewis, who is a doughty champion of consumers across the country. I say to the hon. Member that, due to the consumer duty, banks and other providers have…16 Jul 2025HANSARDFinancial Services ReformI gently say to the right hon. Member that we are not talking about going back to 2007—we have come a long way since then. Of course, after the crash, financial services…16 Jul 2025HANSARDFinancial Services ReformI could not agree more with my hon. Friend, who is a fantastic champion of fintech. We already have a thriving fintech sector, which is the second largest in the world—second only…16 Jul 2025HANSARDFinancial Services ReformI could not agree more with my hon. Friend. We want to ensure that the dream of home ownership is expanded across the country, including to his constituency of Harlow. Because of…16 Jul 2025HANSARDFinancial Services ReformI thank the hon. Member for his thoughtful question. We are doing a number of things. First, we are working at pace with the FCA to ensure that targeted support is in place by the…16 Jul 2025HANSARDFinancial Services ReformThat is absolutely right. We were at Lloyds Banking Group yesterday in Leeds, and Lloyds employs thousands of people in Leeds and the wider region. There are some great…16 Jul 2025HANSARDFinancial Services ReformThat is similar to what the hon. Member for East Londonderry (Mr Campbell) asked. There has been lots of different research, but AJ Bell recently found that if people had put £100…16 Jul 2025HANSARDSupporting Economic GrowthHalf of small businesses will not be affected by the employer national insurance increase, as the hon. Member will know. We will also be setting out a small business strategy in…01 Jul 2025HANSARDSupporting Economic GrowthKick-starting economic growth in every region and nation is the No. 1 mission of our Government. As part of our new infrastructure strategy, we have allocated £725 billion to…01 Jul 2025HANSARDSupporting Economic GrowthI welcome what my hon. Friend said. The Government are supporting the rural economy with over £2.7 billion a year for sustainable farming and nature recovery. We are investing…01 Jul 2025HANSARDSupporting Economic GrowthWe pledged to reform the Green Book, and we are doing precisely that, alongside the spending review. We recognise the strategic importance of investment in every part of the…01 Jul 2025HANSARDSupporting Economic GrowthI will ensure that the hon. Member gets a meeting with the relevant Transport Minister, but I hope that he is as excited as I am about the £1 billion that we are investing in the…01 Jul 2025HANSARDSupporting Economic GrowthAs my hon. Friend will know, we launched funding of £15.6 billion for transport for city regions in his constituency. I am pleased that this Government recognise the potential of…01 Jul 2025HANSARDEconomic Growth: Rural AreasThe Ministry of Housing, Communities and Local Government will be coming forward with further details of funding for the 350 most deprived communities across the country,…01 Jul 2025