Contributions
571 recent contributions in Hansard
HANSARDSavingI could not agree with one of my predecessors more. The right hon. Gentleman is absolutely correct. It is a great scheme and now that we are expanding it, we will take that…04 Mar 2025HANSARDSavingWe are committed to promoting savings and investment, as I said in an earlier answer. One measure we are looking at is the Financial Conduct Authority’s review of the advice…04 Mar 2025HANSARDSavingI think that premium bonds do provide excitement, not least in my parents’ household, where they are very popular. They are already well promoted and popular, and we have seen…04 Mar 2025HANSARDSavingThe Government are committed to supporting people to save and invest, and we want to build a better investment culture. Currently, 85% of people with savings income do not pay tax…04 Mar 2025HANSARDTopical QuestionsI am happy to meet the hon. Lady and look at the case she mentions, because I need to get more detail.04 Mar 2025HANSARDTopical QuestionsHarlow is home to one of the UK’s largest supercomputers. We are taking forward the AI action plan and we also have the tech adoption review, which will look at how we can unlock…04 Mar 2025HANSARDTopical QuestionsMy hon. Friend is a fantastic campaigner for the breweries in his constituency. We want the drinks sector to go from strength to strength. We are reviewing the responses to the…04 Mar 2025HANSARDSavingCash savings provide a vital source of savings for a rainy day, and we recognise that. Equally, we want to build a better investment culture in our society, so that it is not just…04 Mar 2025HANSARDContingencies Fund Advance: National Savings and InvestmentsHM Treasury has agreed additional resource DEL and capital DEL funding of £88,414,000 for National Savings and Investments (NS&I) as part of spending review 2025 phase 1 during…13 Feb 2025HANSARDBank of England and Treasury: Financial RelationshipI can announce today the conclusion of a Bank of England and HM Treasury five-yearly review of the Bank’s capital framework parameters, as set out in section 2B of the Bank and HM…13 Feb 2025HANSARDBank Resolution (Recapitalisation) Bill [ Lords ] (First sitting)I thought that was what the shadow Minister was saying, but it is good to get some clarification. I think I am not the only one who was a little confused. As I said in my opening…11 Feb 2025HANSARDBank Resolution (Recapitalisation) Bill [ Lords ] (First sitting)I think we will get on to the amendment on growth and competitiveness i n the next stage of line-by-line consideration of the Bill. Question put, That the amendment be made.11 Feb 2025HANSARDBank Resolution (Recapitalisation) Bill [ Lords ] (First sitting)Growth and competitiveness—11 Feb 2025HANSARDBank Resolution (Recapitalisation) Bill [ Lords ] (First sitting)As we have already discussed in considering Government amendment 1, as well as amendments 3 and 4, clauses 1 and 4 introduce the recapitalisation payment mechanism that is the…11 Feb 2025HANSARDBank Resolution (Recapitalisation) Bill [ Lords ] (First sitting)Clauses 2, 3 and 5 relate to the reporting and accountability requirements on the Bank of England when it uses the recapitalisation mechanism. The Government added these clauses…11 Feb 2025HANSARDBank Resolution (Recapitalisation) Bill [ Lords ] (First sitting)I will briefly speak to clauses 6, 7 and 8, which cover the more technical aspects of the Bill. Clause 6 makes amendments to the Financial Services and Markets Act 2000. It…11 Feb 2025HANSARDBank Resolution (Recapitalisation) Bill [ Lords ] (First sitting)I commend the Bill to the Committee.11 Feb 2025HANSARDBank Resolution (Recapitalisation) Bill [ Lords ] (First sitting)May I also take the opportunity to thank the officials of the House and you, Ms Jardine, as well as the Treasury officials who have worked so hard on the Bill? We still have some…11 Feb 2025HANSARDBank Resolution (Recapitalisation) Bill [ Lords ] (First sitting)Coming on to the amendment, I am a little bit confused by the shadow Minister, because he rightly says—I agree with him about this—that it would not have been possible to use a…11 Feb 2025HANSARDBank Resolution (Recapitalisation) Bill [ Lords ] (First sitting)It is a pleasure to serve under your chairmanship for the first time, but I am sure not the last, Ms Jardine. Government amendment 1 ensures that the Bank of England will have the…11 Feb 2025