Financial Services (Banking Reform) Bill

This group deals with some of the recommendations of the first report of the Parliamentary Commis...

The parliamentary commission requested the Government to consider giving their response—and tabli...

I pay tribute to the hon. Gentleman for the long hours he has devoted to the work of that commiss...

The press release that was—

On a point of order, Mr Speaker. I rise to seek your guidance, because the Minister is making, in...

The Minister may wish to reply, because it is important to be clear about the context in which th...

I thought that I had explained the context at the beginning, which was that the amendment tabled ...

May I seek some guidance from the Chair? I was about to ask a question pertinent to the discussio...

The hon. Gentleman is absolutely right; he has been a model of restraint, on which we congratulat...

My question relates to the issues covered by my right hon. Friend the Member for Wolverhampton So...

Of course, and today and tomorrow we will go into some further detail on that point. Let me menti...

This is a very interesting situation. The Minister talks about the 13-day deadline and said that ...

The hon. Gentleman is perfectly aware that the standard response time for a Command Paper respond...

I join my right hon. Friend in commending his officials for their amazingly speedy response. The ...

My hon. Friend, who was a distinguished member of the Public Bill Committee, is absolutely right....

The new structure that the Minister is outlining looks good on paper, but the key to its success ...

The hon. Gentleman makes a good point. He will know from our proceedings during the passage of th...

Does the Minister agree that higher banking standards and the PRA’s new role were enthusiasticall...

My hon. Friend’s ingenious intervention allows me to pay tribute to the excellent event he hosted...

If the Government are so enthusiastic about the concept of regional banking, will the Minister ex...

You voted against it.

Perhaps the hon. Gentleman did not hear me first time round. I am tempted to repeat myself, but i...

The right way to approach this is to make it possible for regional banks to enter the market acro...

Does the Minister recall that in April last year, the Labour party, taking its lead from the hon....

Order. The notion of somebody sitting not in a sedentary position is a challenging one, but I am ...

It is certainly true that the hon. Member for Nottingham East is seated, and it is also true that...

I thank the right hon. Gentleman for being so generous in giving way. I want to take him back to ...

It delights me to hear the hon. Gentleman refer to today’s publication; it confirms what I though...

Does the Minister understand the disappointment of those, including me, who believe that the prop...

I do not agree with that. We will come on to talk about what the commission referred to as the el...

The Minister is being generous in giving way. I would like to take him back to the intervention b...

No. The right hon. Gentleman has not got it quite right. We are absolutely enthusiastic about cre...

I am grateful to my right hon. Friend for his clear explanation of how the ring fence will work. ...

My hon. Friend makes a good point. The use of state aid is often a response in the context of dif...

The parliamentary commission consulted widely and there was considerable concern about the weakne...

I will be even more secure when I have persuaded the hon. Gentleman, as I hope to do. He, being a...

I very much agree with the case that my right hon. Friend is making. Is there not a danger with a...

My hon. Friend has some experience of these matters. I think that the debates about structure are...

The reality is that we are seeking to balance conflicting issues. One respects the Government’s v...

The hon. Gentleman gets to the nub of the matter, because of course any attempt to evade the ring...

I want to compare the Minister’s six-year timetable with the one that the hon. Member for Chiches...

As I have said, I shall hear from my hon. Friend. I do not think there is any difference of inten...

It is characteristic of the Minister, with his emollient tones, sometimes to give the impression ...

This is uncharacteristically ungenerous of the hon. Gentleman, as in Committee he tabled a whole ...

The right hon. Gentleman is right. Of course I thank them, but it is my sympathy for them that no...

I think the hon. Gentleman is labouring under a misapprehension. The amendments in this group are...

Well, pardon me for daring to suggest that the Government have got this totally upside down and t...

Given that on Second Reading I suggested that much of the real deliberation would take place in t...

It probably will, particularly if there is a change of Administration, but we will come to that i...

Some very eminent members of the commission are in the House of Lords, and I have absolutely no d...

My hon. Friend is 100% correct, and we have made our point; I now want to move on to issues of su...

Following the logic of what the hon. Gentleman is saying, does he not agree that a better way of ...

We have tabled an amendment, which I shall discuss shortly, suggesting a clear back-stop power fo...

Given what the hon. Gentleman has just said, are not the titles of the proposed new section in hi...

It is true that we want to give ring-fencing a chance. That seems to be the broad consensus among...

Two things come to mind. First, there should be a sense of due process, which I think is present ...

Most of the debate we have had in the short time available has pressed for firm action to be take...

I thank the hon. Gentleman for the tone he is using on giving ring-fencing a chance and full sepa...

Those issues were covered pretty substantially by the commission in its first and second reports,...

I shall say a little more than I usually say in the House because these arrangements are quite ce...

I agree with the hon. Gentleman that it is an offence to Parliament to read about the Government’...

I strongly agree with the hon. Gentleman and I have already made both those points, which he just...

My hon. Friend talks about the idea of incentives to find holes in the ring fence. Surely it is i...

I am not going to delay the House by disagreeing for too long. It is rare that I disagree with my...

I think my hon. Friend makes my point for me. The medical profession is a profession and relies o...

There is a heap of regulation surrounding the wielding of those scalpels. The common feature of t...

Will my hon. Friend give way?

I will just this last time, but I have a lot that I want to say today, which is unusual for me.