Speeches by Garnier.

“May I first say a hearty congratulations to the Minister on bringing through her first Bill in the new Government? She was parachuted into the job rather recently, but she has done a magnificent job, and it has been a pleasure to engage with her. We share the aim of working in the interests of the wider economy, and we…”

“With the leave of the House, I wish to address one or two of the points made in the debate. The hon. Member for Hendon (David Pinto-Duschinsky) is an incredibly valuable contributor to the debate because of his experience back in the days of the 2008 financial crisis. If I remember correctly, that was largely a result …”

“I beg to move, That the clause be read a Second time.”

“I think the Minister has covered most of my questions, but I will review and we can perhaps have a conversation later.”

“It is a pleasure to serve under your leadership, Mrs Hobhouse, and I congratulate you on your first Westminster Hall debate as a member of the Panel of Chairs—you have handled it masterfully. I also congratulate the hon. Member for Buckingham and Bletchley (Callum Anderson) on securing this debate. He previously worked…”

“There is a great deal of speculation about the future of the cash individual savings account. As we know, it is an important savings mechanism for many savers across the country, all of whom will be dismayed at the loss of a significant cash savings opportunity. Just as importantly, cutting cash ISAs will deprive build…”

“I associate myself with the Minister’s words about what is going on in Myanmar and Thailand. In my former role as the Prime Minister’s envoy to Thailand and Myanmar, I had the opportunity to see the extraordinary work that British businesses do in both countries. I fully understand that the British mission in Thailand …”

“It is working for us.”

“I thank the Chair of the Treasury Committee for her wise words about the risks that shareholders take when they invest. Has she considered the alternative? At the moment, we are talking about privatisation versus nationalisation, but the alternative is mutualisation, where a water company’s customers would own and cont…”

“In my new role as the chair of the British Shooting Sports Council, I take a keen interest in cadet target rifle shooting. The Minister will be aware that the Ministry of Defence is proposing to withdraw from service the 7.62 cadet target rifle from 2026, and the .22 rifle just two years later. Aside from depriving cad…”

“14. What steps his Department is taking to help prepare cadets for potential careers in the armed forces.”

“The City of London has been a leader of innovation in the world of finance and savings for a few hundred years now, and it has been successful because it has always seized opportunities and innovation when presented. In that spirit, we are pleased that the Chancellor in her Mansion House speech embraced the concept of …”

“Yes.”

“It is a great pleasure to serve under your chairmanship for the first time, Ms Jardine. I also thank the Minister, because we have had a fantastic time of agreement so far—but not on this particular point. I will speak to Government amendment 1 and amendment 3 from the hon. Member for Wokingham. Government amendment 1 …”

“I will be brief, because I do not want to take up too much of the Committee’s time. I reiterate that accountability is an incredibly important part of the Bill; accountability of the Bank of England and the Treasury to Parliament is absolutely crucial. Having had the experience of spending my first five years in Parlia…”

“To be absolutely clear, the Minister and I are absolutely as one on that particular point: to have a negative resolution SI, or indeed any SI, would hold up progress and create a lot of hassle. The substantive part of the amendment, which is the MREL bit, prevents us from being able to support the amendment, so we will…”

“You will be delighted, Ms Jardine, as I am sure the whole Committee will be, to hear that my contribution will be even shorter than the last one. The Minister rightly says that we are considering a lot of procedural-type amendments to do with the delivery of the Bill. I thank the Government for listening to industry ov…”

“I thank everybody for their work. It is a great pleasure to see so many new Members of Parliament and former hedge fund managers; it is terrific. On so many occasions, I have joked about being a former investment banker and hedge fund manager, and now that I am a politician, I have the hat trick of the three most unpop…”

“It is a great pleasure to serve under your leadership, Mr Turner, as it is to respond to the debate called for by the hon. Member for Kensington and Bayswater (Joe Powell). This will be one of those debates where there is ferocious agreement in all parts of the House. Before I get into the substance of my speech, it is…”

“I hope my right hon. Friend will not mind if I do not, because I am conscious that we have very little time. It remains a concern that major financial centres such as the British Virgin Islands, Bermuda and the Cayman Islands remain resistant to these measures. Will the Exchequer Secretary provide an update on what pre…”