Contributions
1,763 recent contributions in Hansard
HANSARDTopical QuestionsI cannot give the date, but it will be very soon.17 May 2022HANSARDTopical QuestionsAbsolutely I can. I note the observations of some economists yesterday; we will have an obligation on regulators to take account of competitiveness and of where we are in the…17 May 2022HANSARDAccess to Cash StrategyAs I said, the Government’s response will be revealed in the legislation. When I visited the hon. Member’s constituency not so long ago, I saw that the use of hubs—banks working…17 May 2022HANSARDAccess to Cash StrategyThe Government recognise the importance of access to cash in the daily lives of millions of people across the UK. In the Queen’s Speech, the Government announced that we will…17 May 2022HANSARDTackling Economic CrimeThe hon. Lady is absolutely right to highlight Companies House reform as a major area that we are working on. The Government forwarded more than £60 million to start that work,…17 May 2022HANSARDTackling Economic CrimeI thank my hon. Friend for her question. As she will know from the letter that I sent her this morning and from our conversation with industry representatives together a few…17 May 2022HANSARDTackling Economic CrimeI can absolutely reassure the hon. Lady that the Government take the issue very seriously. That is why at previous fiscal events the Chancellor has invested £100 million in a…17 May 2022HANSARDTackling Economic CrimeThis is a criticism that I hear. I am very happy to meet the hon. Gentleman to discuss it further, examine the experience of his constituents and look at what we can do…17 May 2022HANSARDTackling Economic CrimeI thank my hon. Friend for his question. I think he is the House’s foremost observer of banks’ behaviour, but he also knows that this is an extremely complex area of law. The…17 May 2022HANSARDTackling Economic CrimeMoney obtained through corruption or criminality is not welcome in the UK. The Government are taking concerted action to combat that threat by investing £400 million over this…17 May 2022HANSARDCryptocurrency Companies in the UKWe watch these things very carefully. That is why, in January this year, we announced that certain cryptoassets will be brought within the scope of financial promotions…17 May 2022HANSARDCryptocurrency Companies in the UKAt Fintech Week on 4 April, I set out our firm ambition to make Britain a global hub for cryptoasset technology, and I announced a number of actions that will support that. That…17 May 2022HANSARDCryptocurrency Companies in the UKYes, absolutely, and my officials are meeting the Cryptoasset Business Council later this week. We want to take a dynamic approach to industry engagement. Lots of similar…17 May 2022HANSARD Safe Hands Funeral PlansI thank the hon. Member for Rutherglen and Hamilton West (Margaret Ferrier) for securing this important and timely debate on an incredibly emotive subject. I thank colleagues on…12 May 2022HANSARD Safe Hands Funeral PlansThe hon. Gentleman makes his points somewhat speculatively, but expresses some valid specific concerns about the journey that Safe Hands went on. Other investigations cannot take…12 May 2022HANSARDPublic Works Loan Board Lending LimitThe Public Works Loan Board (PWLB) is a HM Treasury lending facility to local government. The PWLB passes on central Government’s lower cost of borrowing to local authorities to…11 May 2022HANSARDMoney Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations 2022I will endeavour to address the points made by the hon. Member for Hampstead and Kilburn, but I will turn first to the two points made by my right hon. Friend the Member for…25 Apr 2022HANSARDMoney Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations 2022I beg to move, That the Committee has considered the Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations 2022 (S.I. 2022, No. 393). It is a…25 Apr 2022HANSARDFinancial Services UpdateI can today inform the House of the disposal of approximately £1.2 billion worth of Government-owned NatWest Group plc—formerly Royal Bank of Scotland, RBS—shares, representing…29 Mar 2022HANSARDMidas Financial Solutions CollapseThe Government work closely with the FCA. As I have said, we are taking very seriously the implications of this case and the relationship between the principal and the appointed…22 Mar 2022