Contributions
1,763 recent contributions in Hansard
HANSARD Financial Services BillI am grateful to the hon. Gentleman for his intervention. The driving principle guiding the Government in bringing forward the Bill is to maintain the highest possible standards;…09 Nov 2020HANSARD Financial Services BillMy hon. Friend has unrivalled expertise and tenacity in bringing these matters before the House. He is right that there is a challenge to examine the relative regimes for…09 Nov 2020HANSARD Financial Services BillMy hon. Friend is absolutely right to give that 20% statistic and to point to the extensive orientation of the Gibraltarian insurance industry towards the UK. Ninety per cent. of…09 Nov 2020HANSARD Financial Services BillIt would not be for me at this point to set out the deductions to be made on individual funds, but I would like to follow up with my hon. Friend formally on that matter, because a…09 Nov 2020HANSARD Financial Services BillThis is a portfolio Bill of 17 measures, some of which I have been wanting to introduce for some while. It is the first step on a journey, and there will, if the authorities allow…09 Nov 2020HANSARD Financial Services BillAs my hon. Friend mentioned to me a few days ago, he is aware that the Ministry of Justice is conducting a consultation on that matter, and that will drive the Government’s…09 Nov 2020HANSARDEquitable Life: CompensationIn 2010, the Government set up a payment scheme to make payments of up to £1.5 billion to eligible policyholders. Since the scheme closed in 2016, the Government’s position on…20 Oct 2020HANSARDPeople on Low Incomes: Covid-19My hon. Friend is right to draw attention to the support that we have put in place, but also to the challenges that remain. In his own constituency, 14,500 have benefited from the…20 Oct 2020HANSARDPeople on Low Incomes: Covid-19The Government have provided significant support to those on low incomes. We have introduced additional support through the welfare system, estimated by the OBR to be worth more…20 Oct 2020HANSARDEquitable Life: CompensationThe Government continue to pay out to annuitants who were in payment from 2010. Indeed, we have a £100 million contingency to ensure that they are properly provided for. The…20 Oct 2020HANSARDFuture Regulatory Framework and Solvency II ReviewsIn the written statement Financial Services Update on 23 June [HCWS309], the Chancellor announced that the Government would commence the next stage of the future regulatory…19 Oct 2020HANSARDCovid-19 Economic Support Packageindicated assent.14 Oct 2020HANSARDCovid-19 Economic Support PackageI very much agree with my hon. Friend. That is something that the Chancellor and I are working on as a live issue, and we will report back to the House in due course. The second…14 Oct 2020HANSARDCovid-19 Economic Support PackageIt is a privilege to close this debate on behalf of the Government. First, I thank hon. and right hon. Members across the House for their insightful and considered contributions.…14 Oct 2020HANSARD Fiscal Support for Events Industry: Covid-19It is a pleasure to serve under your chairmanship, Mr Davies. I congratulate the hon. Member for Midlothian (Owen Thompson) on securing this important debate. It is the second or…13 Oct 2020HANSARDDraft Debt Respite Scheme (Breathing Space Moratorium and Mental health Crisis Moratorium) (England and Wales) Regulations 2020I beg to move, That the Committee has considered the draft Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England And Wales) Regulations…07 Oct 2020HANSARDDraft Debt Respite Scheme (Breathing Space Moratorium and Mental health Crisis Moratorium) (England and Wales) Regulations 2020I thank the right hon. Gentleman for his characteristically constructive approach and for the support of the Labour party throughout the passage of this legislation. There is a…07 Oct 2020HANSARDBilateral Loan to IrelandI would like to update Parliament on the loan to Ireland. In December 2010, the UK agreed to provide a bilateral loan of £3.2 billion as part of a €67.5 billion international…05 Oct 2020HANSARDCounter-terrorist Asset Freezing Regime: January-March 2020Under the Terrorist Asset-Freezing etc. Act 2010 (TAFA 2010), the Treasury is required to prepare a quarterly report regarding its exercise of the powers conferred on it by part 1…24 Sept 2020HANSARDDraft International Monetary Fund (Limit on Lending) Order 2020I beg to move, That the Committee has considered the draft International Monetary Fund (Limit On Lending) Order 2020. It is a pleasure to serve under your chairmanship, Mr Hosie.…22 Sept 2020