Contributions
1,153 recent contributions in Hansard
HANSARDCovid-19 UpdateI thank the Secretary of State, the NHS and everyone responsible for the booster programme that is helping to protect us as we enter the winter months, but is not one of the…26 Nov 2021HANSARDBlack Friday: Financial ProductsIt is a pleasure to serve under your chairmanship, Mr Robertson, and I begin by endorsing the remarks you made at the beginning of the debate. I attended the funeral mass this…23 Nov 2021HANSARDMoney Laundering and Terrorist Financing (Amendment) (No. 3) (High-Risk Countries) Regulations 2021It is a pleasure to have your chairing our proceedings, Ms Elliott. I thank the Minister for her explanation. We debate these money laundering regulations quite regularly—as FATF…22 Nov 2021HANSARDMoney Laundering and Terrorist Financing (Amendment) (No. 3) (High-Risk Countries) Regulations 2021The Minister’s closing statement, in a sense, sums up the problem. Yes, this list does keep us in line with the FATF list; nobody is disputing that. My point is that that is not…22 Nov 2021HANSARD Critical Benchmarks (References and Administrators’ Liability) Bill [Lords]I am grateful to the Minister and have a few questions for him, all of which relate to clause 1. The methodology for calculating synthetic LIBOR is the five-year average picked by…18 Nov 2021HANSARD Critical Benchmarks (References and Administrators’ Liability) Bill [Lords]In layman’s terms, does that mean that a fall-back provision trumps synthetic LIBOR? That is what I am trying to get at. If there is a fall-back provision—some alternative already…18 Nov 2021HANSARD Critical Benchmarks (References and Administrators’ Liability) Bill [Lords]The programme motion we approved a short time ago allocated up to six hours for this process. As I look around the Chamber, Madam Deputy Speaker, I feel that span of time may…18 Nov 2021HANSARD Critical Benchmarks (References and Administrators’ Liability) Bill [Lords]No, it does not mean that. It means just over one-tenth of 1%, as there are 100 basis points in 1%. Twelve basis points, or just over a tenth of 1%, might not sound like a huge…18 Nov 2021HANSARDCovid-19 UpdateWhen the Secretary of State was appointed, he talked about tackling the “disease of disparity” and the inequalities in healthcare that had been exposed by the covid pandemic.…15 Nov 2021HANSARDSMEs: Access to FinanceThere is a potential tension here between competition and safety. The rules were brought in to insulate the taxpayer, but, at the same time, the Bank of England, the Treasury and…09 Nov 2021HANSARDSMEs: Access to FinanceThank you for your chairmanship, Mr Pritchard. I am grateful to the hon. Member for Darlington (Peter Gibson) for proposing the debate and to the hon. Member for Thirsk and Malton…09 Nov 2021HANSARDSupport for BusinessI wish the Chancellor and my hon. Friend the Member for Ealing, Southall (Mr Sharma) a very happy Diwali. As well as all the tax rises on income and business that the Chancellor…02 Nov 2021HANSARDIncome Tax (Charge)It is a pleasure to respond to today’s debate on behalf of the Opposition. Although the Secretary of State for Business, Energy and Industrial Strategy is not in his place, I…28 Oct 2021HANSARDIncome Tax (Charge)That is precisely the point I am making. The long-term growth trend makes a huge difference to the Government’s choices and their power to fund public services. In the face of…28 Oct 2021HANSARDIncome Tax (Charge)If the hon. Member reads the OBR report, he will find that it says very clearly that the effect of the pandemic is smaller in the long run than the effect of the low growth over…28 Oct 2021HANSARDSupporting Small BusinessI am happy to talk about our proposals and the hint we got on what the eventual outcome might be. We tabled this proposal because we want to support Britain’s businesses as they…19 Oct 2021HANSARDSupporting Small BusinessIt is a pleasure to respond to this debate, and I thank all hon. and right hon. Members for the contributions they have made. I may not be able to mention them all. My hon. Friend…19 Oct 2021HANSARDSupporting Small BusinessI will not. And the Conservative party willingly gave that up by putting ideology in its place. When the Prime Minister said “f*** business”, some of us thought it was a quip. We…19 Oct 2021HANSARDSupporting Small BusinessI cannot; I have to watch the clock. We put forward a plan both for the short term and the long term, but this is not just about business rates, is it? This is about the broader…19 Oct 2021HANSARDCompensation (London Capital & Finance plc and Fraud Compensation Fund) BillThe right hon. Member raises a very fair point. If we pluck a sum of money out of the air, it could be a lot of money to one person and perhaps less to somebody else, depending on…22 Sept 2021