Contributions
1,763 recent contributions in Hansard
HANSARDInflation: Living StandardsI welcome the hon. Lady to the Front Bench. I draw her attention to the answer that I just gave concerning the number of interventions that the Government have made, including the…07 Dec 2021HANSARDInflation: Living StandardsI do not agree with my hon. Friend’s characterisation of the causal relationship, but I recognise that the Bank of England continues to be responsible for monetary policy. My hon.…07 Dec 2021HANSARDInflation: Living StandardsThe Government very much recognise the challenge that people are facing, which is why we have introduced a range of interventions, including: the warm home discount; the household…07 Dec 2021HANSARDInflation: Living StandardsThe Government recognise that inflation is rising, and are closely monitoring the situation. The Bank of England is responsible for keeping inflation at its 2% target. As my…07 Dec 2021HANSARDSelf-employed People: Covid-19 Support SchemesThe Government have worked with the Financial Conduct Authority and we will continue to work with it and with credit agencies to ensure that those payment holidays have no impact…07 Dec 2021HANSARDTopical QuestionsAs the hon. Gentleman knows, we have had considerable engagement on this subject. This is a matter for the Financial Conduct Authority, and we have discussed it. Obviously,…07 Dec 2021HANSARDSelf-employed People: Covid-19 Support SchemesPrevious receipt of covid-19 support should not, in and of itself be a barrier to credit provided that the applicant meets the lender eligibility criteria. It remains important…07 Dec 2021HANSARD Dormant Assets Bill [Lords]In short, no; that will not feature on the face of the Bill. However, my hon. Friend is a doughty advocate for that cause, and I am sure he will make a hearty contribution to the…06 Dec 2021HANSARD Dormant Assets Bill [Lords]I thank my hon. Friend for that point—a legitimate point that will be raised in different ways across the country during the consultation, and one on which the Secretary of State…06 Dec 2021HANSARD Dormant Assets Bill [Lords]I thank the hon. Gentleman for his intervention. There will be a consultation; I or the Under-Secretary of State for Digital, Culture, Media and Sport, my hon. Friend the Member…06 Dec 2021HANSARD Dormant Assets Bill [Lords]I beg to move, That the Bill be now read a Second time. Over the past decade, the dormant assets scheme has released more than £800 million to tackle systemic social challenges…06 Dec 2021HANSARDDraft Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021I beg to move, That the Committee has considered the draft Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential…01 Dec 2021HANSARDDraft Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021No, I do not think so. I think the Opposition accepted the Government’s amendment with respect to its provisions on the timescale. That should not withdraw the urgent need to…01 Dec 2021HANSARDDraft Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021I thank the right hon. Gentleman for his points, and congratulate him on his elevation to his new position. I am surprised, given the talent in the Opposition ranks, that he is…01 Dec 2021HANSARDCommunity Debt Advice ServicesI will come on to that in my final remarks. I want to give the hon. Member for Kingston upon Hull West and Hessle a few minutes to speak, but I have a few more paragraphs, if I…01 Dec 2021HANSARDCommunity Debt Advice ServicesI am grateful to the hon. Lady for that point. The significant concern that the outcome of the commissioning exercise will leave a smaller number of providers that are somewhat…01 Dec 2021HANSARDCommunity Debt Advice ServicesI have not personally, but I am happy to look into that. We have to look holistically at the range of new providers and what insights we can gain to improve the services offered.…01 Dec 2021HANSARDCommunity Debt Advice ServicesThank you for the opportunity to respond, Ms Bardell. It is a pleasure to serve under your chairmanship and to speak in the debate on behalf of the Government. I have listened…01 Dec 2021HANSARDFinancial Conduct Authority Mortgage ReviewThe issue of mortgage prisoners is one of my key priorities. I recognise the difficult position these borrowers are in and understand the stress that many experience as a result.…29 Nov 2021HANSARDBlack Friday: Financial ProductsIt is a pleasure to serve under your chairmanship, Mr Robertson. I associate myself with the remarks of a number of Members this afternoon concerning the death of Sir David Amess.…23 Nov 2021