Speeches by Rigby.

“I am grateful to the right hon. Member for his question, as I always am. We are doing an awful lot to support R&D in this country, including through many of the measures announced at the Budget. That includes putting an additional £7 billion into specific areas within the industrial strategy.”

“As has been covered by my colleagues, we are putting in a £4 billion support package and continuing to engage with the hospitality sector. I should also add that we are easing licensing to help venues offer pavement drinks and one-off events too.”

“As someone who enjoys both rugby and gin, sometimes at the same time, I pay tribute to my hon. Friend’s support for the businesses in his constituency. To support spirits producers, the Government have put in place a range of measures. As for small producer relief, I know that the Exchequer Secretary to the Treasury is…”

“I am afraid that I must disagree with the hon. Lady when she says that 350 is a meaningless number, but of course we understand the importance of in-person banking for rural communities. The location of banking hubs is determined independently by Link, and the criteria are a matter for the FCA, but I regularly meet MPs…”

“At the Budget, we introduced the UK listing relief, which incentivises companies to list in the UK. The UK raised more equity capital in 2024 than was raised in the next three European exchanges combined. I look forward to seeing the brilliant entrepreneurs in my hon. Friend’s constituency benefit from these deep pools…”

“The Government of course recognise that innovation is key to our long-term economic growth and to higher productivity, and indeed to living standards. That is exactly why we are investing more in R&D, and we have made other incentives available too.”

“I thank the hon. Member for his question. We very much understand the importance of in-person banking, including in beautiful, rural communities such as those that he represents. That is exactly why we are committed to rolling out 350 banking hubs right across the UK by the end of this Parliament. Over 240 hubs have be…”

“The point in relation to oil and gas is exactly the same as that for defence. There is no conflict between what we are doing here and investment in those areas. If anything, it will be helpful across the board. Fiduciary duty was the final point raised, so I will leave it there. Question put and agreed to. DRAFT FINANC…”

“I welcome the consensus on the draft regulations. Four principal points were raised in relation to the draft order. The first was on the international position, and the recommendations we are putting in place in this draft order are in line with the IOSCO and OECD recommendations. The EU framework has been legislated f…”

“We remain open to the prospect of regulatory alignment with other regimes. We want to get this done first, but the hon. Gentleman raises an important point. As I say, the Government have acted quickly to deliver progress. As hon. Members will know, a consultation was issued by the previous Government; this Government h…”

“It is a pleasure to serve under your chairmanship, Mrs Harris. I turn first to the environmental, social and governance ratings order, which I note the Secondary Legislation Scrutiny Committee flagged as an instrument of interest in its 41st report. The draft order will bring the provision of ESG ratings within the reg…”

“I beg to move, That the Committee has considered the draft Financial Services and Markets Act 2023 (Prudential Regulation of Credit Institutions) (Consequential Amendments) Regulations 2025.”

“Thank you for raising the issue. I have received a number of letters and have spoken to a number of our colleagues about exactly this issue. I know how many people are affected and the demographics of who is affected. I have raised this matter with officials at the Treasury. Ultimately, it is a matter for the FCA to de…”

“We engage continuously with building societies as you would expect on a range of issues and we have in relation to ISAs. As I said, that is a continuous programme of engagement by virtue of the importance of building societies.”

“We do, yes. It is really important to think about the base we are starting from here. One of the reasons why we want to build up that retail investment culture is that at the moment the UK has the lowest level of retail investment in the G7, so people are missing out on the ability to make their money work harder for t…”

“There are, as you know, very different bits within that. There are credit unions, but there are all sorts of other types of different co-ops.”

“You will appreciate that the overarching ambition is from the manifesto pledge, but this is not solely our area. We are in close contact with the Department for Business and Trade in relation to a range of aspects within that. One of the things that we are discussing with DBT at the moment is exactly how we quantify th…”

“I am.”

“I’m sorry, Chair. I am hesitating, because I don’t want to mis-speak.”

“They were certainly part of the strategy.”