Contributions
3,765 recent contributions in Hansard
HANSARDFuture of Financial ServicesWhat we are announcing today will ensure that the UK remains the most open, competitive, technology-leaning and dynamic place to do financial services anywhere in the world. It is…09 Nov 2020HANSARDFuture of Financial ServicesMy hon. Friend has focused on that issue for as long as I have been in this House—and rightly so. He will know that we passed the Sanctions and Anti-Money Laundering Act 2018 the…09 Nov 2020HANSARDFuture of Financial ServicesI pay tribute to my hon. Friend’s campaigning on this important issue. She asks the right question to make sure the money is going where we want it to go. I can give her the…09 Nov 2020HANSARDEconomy UpdateI am pleased to tell the hon. Lady that the business grants schemes that were outlined—up to £3,000 a month for closed businesses and 70% of that for open businesses—have been…05 Nov 2020HANSARDEconomy UpdateMy hon. Friend is a fantastic champion for the engineering sector, which he cares deeply about and has spoken to me about previously. He is right: it is important that we train…05 Nov 2020HANSARDEconomy UpdateMy right hon. Friend will know that I replied to him and his Committee with the answers to his question. There does not exist a specific prediction or forecast, which I think is…05 Nov 2020HANSARDEconomy UpdateI can confirm that all our job schemes work on a UK-wide basis, treating everyone equally wherever they live, and that will continue always to be the case. I am also pleased to…05 Nov 2020HANSARDEconomy UpdateMy hon. Friend puts it incredibly well. This is a crisis that has engulfed our entire United Kingdom, and we will get through it together as one United Kingdom. This Government…05 Nov 2020HANSARDEconomy UpdateTravel agents’ businesses, coming under the retail category, will benefit from business grants in England, and that money has been Barnetted to Scotland, so the Scottish…05 Nov 2020HANSARDEconomy UpdateI can give my hon. Friend that assurance. Those are three-month grants for the self-employed. The system will open in November so that grants can be paid in December, in time for…05 Nov 2020HANSARDEconomy UpdateMy hon. Friend is absolutely right. At the heart of our approach throughout this crisis has been the protection of people’s livelihoods. We have strived at every turn to make sure…05 Nov 2020HANSARDEconomy UpdateAs I have said before, this is a United Kingdom approach. We have universal schemes that benefit people equally wherever they live. On top of that, for those things that are…05 Nov 2020HANSARDEconomy UpdateMy hon. Friend is right that, in aggregate, the sum is more than £1 billion for the country, with Barnett funding for the devolved Administrations. That can be used at the…05 Nov 2020HANSARDEconomy UpdateI thank the hon. Lady for her questions. The claim that our action was too late is, in the words of the Government’s own medical advisers, a misapprehension, because there is no…05 Nov 2020HANSARDEconomy UpdateOn Monday, the Prime Minister set out the action we need to take between now and the start of December to control the spread of coronavirus. In response, we are providing…05 Nov 2020HANSARDEconomy UpdateIt is simply not the case that the wage support schemes we have put in place differentiate between people on the basis of where they live. All the schemes, whether the furlough…05 Nov 2020HANSARDEconomy UpdateMy hon. Friend is absolutely right, and she will of course know this well from her own experience. We welcome the independent scrutiny of institutions such as the IMF—they are…05 Nov 2020HANSARDEconomy UpdateMy hon. Friend is absolutely right. It is important for monetary and fiscal policy to be co-ordinated well, as he says, and I am glad that we are achieving that. It is also good…05 Nov 2020HANSARDEconomy UpdateWe have provided that certainty through to the end of the spring, at the same time as saying that we will review the scheme in January to ensure that it is operating well and at…05 Nov 2020HANSARDEconomy UpdateMy hon. Friend is absolutely right. It is young people who are most impacted economically by the crisis we are experiencing, and she is absolutely right that they should be at the…05 Nov 2020