Contributions
1,086 recent contributions in Hansard
HANSARDFinancial Services Bill (Twelfth sitting)I am so sorry to hear that the Minister is still listening to Marley rather than Bob Cratchit about the true spirit of Christmas. This is legislation from the 1800s. It is about…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)Sadly, during the pandemic, none of us has been able to take up any of those offers to explain our concerns to these companies directly, as opposed to on Zoom. It is a simple…03 Dec 2020HANSARDFinancial Services Bill (Eleventh sitting)It is a pleasure to serve under your chairmanship, Mr Davies, as ever, for the last time on this Bill. Let us make it a good one. I will try to keep it lively and maybe capture…03 Dec 2020HANSARDFinancial Services Bill (Eleventh sitting)I am conscious of time, but approximately 1 million households that could ill afford it have lost out on about £1 billion of compensation from Wonga and QuickQuid. Does the…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)I beg to move, That the clause be read a Second time.03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)It is a pleasure to serve under your chairmanship this afternoon, Dr Huq—all of us who have one of those titles but never really use it probably ought to, not least with our bank…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)Absolutely. We know who such companies are targeting, and they are doing so deliberately. I hate to say this, as I do want to win over the Committee, but we might not be their…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)I am sure the shadow Minister is about to tell us about his Instagram account.03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)I beg to move, That the clause be read a Second time. This is the final new clause for the final bit of the Bill, so I am hoping that this time round, given the season, the…03 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)I thank the Minister for what he said. If he is saying that he is prepared to engage on the subject of debt advice—perhaps the debt advisers’ writings for the Committee on this…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)What the Minister has just said suggests he thinks there is a binary choice between debt advisers reviewing and being involved in seeing how the breathing space is working, and…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)Again, I am afraid that the Minister has a slightly tin ear to the reality of what people will be asked to do and what they are trying to do. We cannot have it both ways. It…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)I thank the Minister for what he is saying, and I appreciate that he is setting out that he thinks the amendment is not needed because there will be earlier interventions. Does he…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)I rise to support what my Front-Bench colleague said on new clause 3 and to speak to new clause 14, which seeks to underline the question that she set. Given that this is a good…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)Well, but there are also major banks. If we push too quickly, problem debt will sink any possible financial recovery. We have never learned that lesson as a country. I really wish…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)I beg to move amendment 35, in page 38, line 23, at end insert— ‘( ) After subsection (3) insert— ( ) Where, by virtue of subsection 2, the Secretary of State makes regulations…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)I beg to move amendment 33, in page 38, line 38, after “applies.” insert— ‘(4B) The regulations must include provision for an assessment, before the introduction of any debt…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)I beg to move amendment 34, in clause 32, page 38, line 23, at end insert— “(2A) After subsection (3) insert— (3A) Where, by virtue of subsection 2, the Secretary of State makes…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)It is, as ever, a pleasure to serve under your chairmanship, Mr Davies, and a pleasure to have this debate. I see the Minister is already smiling. I know he has been looking…01 Dec 2020HANSARDFinancial Services Bill (Tenth sitting)I completely agree. Many a time have I had conversations with constituents about how they buy things, and they do not see it as a problem. They have no other option, so they use…01 Dec 2020