Contributions
1,763 recent contributions in Hansard
HANSARDTopical QuestionsI thank my right hon. Friend for his question. Throughout the crisis, as he has acknowledged, the Government have spent over £280 billion. He referred to the self-employment…01 Dec 2020HANSARDTopical QuestionsThe covid-19 winter plan, published on 23 November, sets out the Government’s plans for the coming months, and our objective is to find new and more effective ways of managing the…01 Dec 2020HANSARDSupport for Businesses: Covid-19The temporary reduced rate of VAT was introduced on 15 July to support the cash flow and viability of more than 150,000 businesses and protect 2.4 million jobs in the hospitality…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)Clause 32 builds on existing legislation, and will allow us to implement a statutory debt repayment plan that will help people who are in problem debt. The Government want to…01 Dec 2020HANSARDSupport for Businesses: Covid-19The Government recognise the extreme disruption that the pandemic has caused to business, employment and the nation’s economy, and our goal remains to protect people’s jobs and…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)I recognise that these are complex matters. There will sometimes be a need to pay fees over a much longer period, and that option exists. The consultation on how the regulations…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)indicated assent.01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)We are considering several amendments and I turn first to new clause 12. Its effect is to require a report to be published by 28 February 2021 on the impact of covid-19 on the…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)The Government are committed to supporting people of all income levels to save, including those on low incomes, through the pioneering Help to Save scheme. To be clear, the scheme…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)The changes are almost identical to those made through EMIR refit in the EU. The UK played a pivotal role in the design of the EMIR refit and previously voted in favour of this…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)I am happy to give that reassurance. I would just say that since this scheme has been operating, the Government have been working hard to understand better ways of promoting it,…01 Dec 2020HANSARDBounce Back Loan SchemeThere have been a range of estimates due to the considerable challenges in verifying data. What I would say is that our priority has been to protect as many businesses and jobs…01 Dec 2020HANSARDBounce Back Loan SchemeThe right hon. Gentleman rightly praises the work of small businesses up and down the country, and I echo his sentiments. He asks about the provision we have made for the future…01 Dec 2020HANSARDBounce Back Loan SchemeThe Government cannot force lenders to open to new bank customers for bounce back loans, but we have repeatedly encouraged lenders to open when it is operationally possible for…01 Dec 2020HANSARDBounce Back Loan SchemeAs of 15 November, the bounce back loan scheme has supported nearly 1.4 million businesses with facilities totalling over £42 billion. This includes the extra amounts received…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)Absolutely. I am just trying to demonstrate my willingness to engage with creative ideas about it. Obviously, our comms strategy has not yet been defined because of the gap…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)The clause will insert new paragraph 13A into schedule 2 of the Savings (Government Contributions) Act 2017. The clause gives the Treasury a power to make regulations that provide…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)Understandably, this topic brings out some very deeply held beliefs about the sort of society that we live in and the inequalities and challenges we face. I very much respect the…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)Amendment 30 seeks to require that information about the environmental, social and governance standards of PRIIPs products be included in the key information document, the KID.…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)May I express my regret at the right hon. Gentleman’s decision? I acknowledge that this country is going on a journey, and it is very important that we make progress with regard…01 Dec 2020