Bank of England and Financial Services Bill [Lords]

Does the hon. Lady agree that one of the real problems in the culture of banking, which we all wa...

The hon. Gentleman is right to highlight the importance of auditors. Others in this place will co...

Following on from my hon. Friend’s intervention, does the Minister not agree that one of the fund...

The hon. Gentleman is absolutely correct that the Bill focuses specifically on the role of the Na...

I welcome the fact that the NAO will be looking at the Bank, but it will need extra resources to ...

The hon. Gentleman rightly points out the importance of the NAO’s having the right resources. I h...

I am slightly concerned that the Bill moves us towards a system of less tension and a cosier rela...

The hon. Gentleman is right to highlight the importance of the Bank’s operational independence, w...

Following the point made by my hon. Friend the Member for Huddersfield (Mr Sheerman), it would be...

The hon. Gentleman is right to recognise that the NAO is completely independent of the Treasury. ...

I very much welcome the move to turn the PRA into the PRC on a par with the MPC and the FPC. Does...

The hon. Gentleman is right to highlight the fact that the FCA is set up completely differently. ...

Does the Minister agree that the senior managers regime will cut through the accountability far m...

My hon. Friend, who was a distinguished member of the Parliamentary Commission on Banking Standar...

Can the Minister explain what has happened in the two and a half years since the 2013 Act was pas...

As the hon. Gentleman knows, the measures in the 2013 Act are due to come into force on 7 March t...

Will the Minister give way on that point?

I will give way to the Chair of the Select Committee on that point.

It surprised a number of members of the Committee when both the Prudential Regulation Authority a...

I appreciate my right hon. Friend’s contribution, because he has been examining the issue for lon...

The Minister has used the words “guidance” and “advice” almost interchangeably in her last few se...

The hon. Gentleman is absolutely right to highlight that semantic distinction. His constituents a...

I beg to move an amendment, to leave out from “That” to the end of the Question and add

“th...

Is it not the case that Labour rescued the banks in 2008 and that now the Conservatives are selli...

I thank my hon. Friend for her intervention, and she is correct. It shows what disregard the Chan...

The hon. Gentleman was not here then, so he can form a dispassionate view. What has he learnt abo...

I thank the right hon. Gentleman for his intervention. At the time, Conservative Members were cal...

My hon. Friend is making an excellent speech and I strongly agree with it. Was it not astonishing...

I thank my hon. Friend, who has extensive experience in these matters, for that. Troublingly, the...

At the conclusion of her speech, the Minister indicated that by voting against the Second Reading...

I thank the hon. Gentleman for putting that necessary point so powerfully. People outside this pl...

rose—

I do wish to make some progress. [Hon. Members: “Give way!”] I will give way.

I thank the hon. Gentleman for giving way. Further to that point, the measures that he seems to o...

It may be that others can explain to the Minister the real purpose of a reasoned amendment in the...

The presumption of responsibility has not gone. The senior managers regime absolutely includes th...

I thank the hon. Gentleman, who is experienced in these matters, for his intervention, but every ...

My hon. Friend is making an interesting argument in a powerful speech. Does he agree that the Cha...

Of course it is correct that the Chancellor meets senior bankers, but what concerns me and many p...

Following comments made to the media by Robert Jenkins, a member of the Bank’s Financial Policy C...

My hon. Friend hits upon an important point. The role of a City Minister, a shadow City Minister ...

The hon. Gentleman is being generous with his time. I am sorry to be a pedant, but in 2005 there ...

I appreciate the hon. Gentleman’s pedantry. With respect, he makes a point that does not bear too...

Order. Before I call the Chairman of the Select Committee, may I remind Members that there are 12...

I fear that I may disappoint you slightly in that regard, Madam Deputy Speaker, but I will do my ...

Order. Let us see whether the SNP spokesperson can give us a better definition of what constitute...

I will try to do so, Madam Deputy Speaker.

It is always a great pleasure to follow the righ...

Does the hon. Gentleman accept that one piece of evidence about why the reverse burden of proof w...

I am trying to avoid pointing the finger and drawing inferences. What I will do, in agreeing with...

And no resource.

Absolutely.

As the right hon. Member for Chichester pointed out, time after time when there...

The hon. Gentleman is making an extraordinarily intelligent speech, but he has just hit on the ke...

I respect the logic of the hon. Gentleman’s argument. Sadly, we will never get a chance to see th...

I will be neither as discursive nor as time-consuming as my right hon. Friend the Member for Chic...

Is the right hon. Gentleman essentially saying that, from his knowledge, the Treasury was blackma...

I am not suggesting that for one minute, but we need to make legislation that is effective and en...

I shall stick to your request that we keep to 10 minutes, Madam Deputy Speaker, not least because...

Is the hon. Gentleman able to answer my earlier point? If we have ever-more rigorous regulation a...

I have said many times in the past and repeat it briefly now that there should be a differential ...

rose—

I shall end now; there is plenty of opportunity to join the debate.

We have heard about Goo...

I, too, will be brief, as I wish to catch the eye of the occupant of the Chair during the next de...

It is vital that we tackle the debt advice and lending industries. We have a fantastic “buddy” in...

Regardless of the amount by which personal lending increases, what is important is the availabili...

Diolch, Madam Deputy Speaker.

I want to concentrate on four main themes: the issuing of Wel...

Does the hon. Gentleman accept that the downside of having our own banknotes in Northern Ireland ...

I am always grateful for interventions from my great friend, who speaks with a huge knowledge of ...

I am pleased to speak in support of this important Bill, which delivers a new settlement for the ...

Is there anything in the Bill that the hon. Gentleman does not like?

I am sure that the hon. Gentleman will agree that the proposals support the Governor’s “one missi...

I am pleased to be able to contribute to this debate and to follow the hon. Member for Havant (Mr...

It is a bit rich for the Opposition to be talking about this as if it were some sort of a party p...

One disadvantage of being called late in the debate is that I always find myself completely rewri...

It is a pleasure to speak in this Second Reading debate.

I was reminded this weekend in my ...

Thank you, Madam Deputy Speaker. I shall try to compensate for some of the earlier speeches that ...

It is a pleasure to follow a fellow black country MP—my almost near neighbour, the hon. Member fo...

Would my hon. Friend also welcome something for which some of us have been campaigning for the la...

I agree with my right hon. Friend. Many of his constituents in Leicester, and mine in Wolverhampt...

With the leave of the House, Mr Deputy Speaker, I would like to speak for a second time.

I ...

rose—

Does the hon. Lady agree with that policy?

Surely the hon. Lady knows that it is the current Chancellor who has printed, as she puts it, £17...

I do worry about the hon. Lady sometimes, because she is again criticising the decisions of the i...

It is David Blanchflower!

Danny is what he seems to like to go by. He said in a recent article for the New Statesman: