Speeches by Coghlan.

“Do you think that part of it may be the administrative burden, and that people just do not want administrative hassle?”

“We are very tight on time. Mr Davies and Mr Bhatia, do you have any comments on that?”

“We are seeing in the latest monetary policy report that the household saving rate is increasing, potentially due to precautionary saving. The Bank of England’s credit conditions survey said that unsecured household borrowing is rising. What is driving those increases? Are you seeing any noticeable trends in defaults or…”

“Ms Allen, I see you are nodding. We are tight on time, but are you seeing similar trends?”

“Ms Crosbie, how are you seeing wider economic developments, such as global trade uncertainty and US tariffs, affecting your business customers?”

“The Bank of England noted in its monetary policy report that household saving rates are increasing, possibly due to precautionary saving. What trends are you seeing in relation to this? The credit conditions survey is also saying that unsecured household borrowing is rising. What do you believe is driving that increase…”

“Yes. Is it precautionary? Are you seeing that yourself or not?”

“Do you think that part of it may be the administrative burden, and that people just do not want administrative hassle?”

“Ms Crosbie, how are you seeing wider economic developments, such as global trade uncertainty and US tariffs, affecting your business customers?”

“We are seeing in the latest monetary policy report that the household saving rate is increasing, potentially due to precautionary saving. The Bank of England’s credit conditions survey said that unsecured household borrowing is rising. What is driving those increases? Are you seeing any noticeable trends in defaults or…”

“The Bank of England noted in its monetary policy report that household saving rates are increasing, possibly due to precautionary saving. What trends are you seeing in relation to this? The credit conditions survey is also saying that unsecured household borrowing is rising. What do you believe is driving that increase…”

“I thank my hon. Friend. As he knows, in my maiden speech eight months ago I pledged that Fiona Laskaris would succeed in changing the law that had prevented her from saving her autistic son, Christopher, from murder. Fiona is here today. Despite pleading for years, she was never able to obtain a mental capacity assessm…”

“Eight months ago, in my maiden speech to Parliament, I said that Fiona Laskaris would succeed in changing the law that prevented her from saving her autistic son, Christopher, from murder. I am here today to honour that commitment. We are on the cusp of changing the law. We have got this far thanks to the National Auti…”

“Should we expect generative AI to be a major step change on that?”

“We have also received evidence that fintech firms are quicker to adopt compared to traditional firms because they are more agile, they have fewer legacy systems, and they have a culture of innovation. In your experience would you agree with that?”

“Presumably it is the point where you can probably no longer be competitive in the insurance sector unless you use AI?”

“Mr Otudeko, there is a very high percentage of firms using AI in the insurance sector—apparently 95% according to the Bank of England. What makes the insurance sector so well placed to adopt it?”

“Are you expecting any particular breakthroughs or I presume it is quite hard to forecast?”

“Do you know how long those productivity gains are likely to take to materialise?”

“In financial services?”