Contributions
1,763 recent contributions in Hansard
HANSARDHome OwnershipMy hon. Friend is absolutely right. Since the scheme has been up and running—as he says, it has been a matter of only a few weeks—we have seen the provision of 95% mortgages…22 Jun 2021HANSARDAccess to CashThe Government recognise that cash is crucial to the daily lives of millions of individuals and businesses across the UK, and we have committed to legislate to protect access to…22 Jun 2021HANSARDAccess to CashI can commit that we will look very carefully at the evidence on the best possible interventions to make. I am pleased that, as of March 2020, 98% of the population could access…22 Jun 2021HANSARDAccess to CashI congratulate the hon. Lady on her recent elevation. I take her points on board, but this is a complex area. There will need to be a range of interventions from industry, working…22 Jun 2021HANSARDTopical QuestionsIt is absolutely clear that there are significant lessons for the FCA to learn from the Gloster review, and I have regular conversations, including just last week, with the new…22 Jun 2021HANSARDTopical QuestionsMy hon. Friend rightly recognises the value of the TIGRR report, which we received last week, and we will be looking very carefully at those recommendations. In addition, my right…22 Jun 2021HANSARD UK’s Financial Services IndustryI congratulate my hon. Friend the Member for Hitchin and Harpenden (Bim Afolami) on securing this debate, and I thank him for the many insightful and constructive contributions he…21 Jun 2021HANSARDUnited Kingdom Debt Management Office: Business PlanThe United Kingdom Debt Management Office (DMO) has today published its business plan for the financial year 2021-22. Copies have been deposited in the Libraries of both Houses…15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)No, Ms Ghani.15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)No, I do not, thank you.15 Jun 2021HANSARDCompensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (Second sitting)Out of courtesy, I am very happy to respond to my colleagues. The right hon. Member for Wolverhampton South East asked why the 80% figure was not 100%. As I have tried to explain…15 Jun 2021HANSARDCompensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (Second sitting)London Capital & Finance was an FCA-authorised firm that primarily offered an unregulated investment product, commonly known as mini-bonds, to retail consumers. It entered…15 Jun 2021HANSARDCompensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (Second sitting)I will obviously now move to consideration of amendment 2. I am grateful to the right hon. Member for Wolverhampton South East, who is an experienced and distinguished former…15 Jun 2021HANSARDCompensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (Second sitting)As the right hon. Gentleman set out, Dame Elizabeth’s report showed enormous failure in the way that the FCA discharged its responsibility for a regulated firm carrying out…15 Jun 2021HANSARDCompensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (Second sitting)I am grateful to the hon. Gentleman for his intervention because it takes me to the question of what the Government are doing to improve the efficacy of the financial promotions…15 Jun 2021HANSARDCompensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (Second sitting)It is a pleasure to serve under your chairmanship, Ms Ghani, and I thank all Committee members for their consideration of this important legislation. As I set out on Second…15 Jun 2021HANSARDCompensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (Second sitting)I am very happy to respond at length in my remarks at the end. The distinction we make is that LCF is the only FCA-authorised firm that was on-lending. That is the distinction;…15 Jun 2021HANSARDDraft Payment and Electronic Money Institution Insolvency Regulations 2021I beg to move, That the Committee has considered the draft Payment and Electronic Money Institution Insolvency Regulations 2021. A copy of the regulations was laid before the…09 Jun 2021HANSARDDraft Payment and Electronic Money Institution Insolvency Regulations 2021I thank the right hon. Gentleman for his characteristically forensic but clear questions, and I am happy to try to respond. He raised a number of reasonable points about the…09 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) BillI thank the hon. Gentleman, as ever, for his representations. He has been a determined campaigner for that sector during my tenure. I have regular conversations, at least every…08 Jun 2021