I want to write to Bim Afolami

All 12 results for brexit speaker:Bim Afolami

Speaker’s Statement: The National Health Service (23 Oct 2019)

Bim Afolami: ...that he believes that the European Union should negotiate trade deals on behalf of this country and that being in a customs union with the European Union is therefore his preferred outcome, if Brexit were to happen at all, which I accept is against his party’s policy?

Speaker’s Statement: Britain's Place in the World (15 Oct 2019)

Bim Afolami: ...Labour Members, who say that they want an election, that Parliament is not working and that we do not have a majority and yet they refuse to vote for an election. They say that they want to deliver Brexit, yet they will not vote for any agreement. They also say they are opposed to no deal, but they will not vote for a deal that would prevent that from happening. Then we have the Liberal...

Speaker’s Statement: Britain's Place in the World (15 Oct 2019)

Bim Afolami: ...Britain; no other country has those three circles. Lord Waldegrave, despite the fact that he is open about the fact he voted remain, as I did, at the referendum, says that one of the reasons that Brexit occurred is that the third circle—the European circle—was based around an untruth. That untruth, which was told to the British people for generations, was that they should not worry...

UK as a Financial Services Hub — [Graham Stringer in the Chair] (6 Feb 2019)

Bim Afolami: ...if not outright illegality—the British financial services sector is a national asset and a public good. It is our most successful sector and export. I will try my hardest not to get trapped in a Brexit rabbit hole during the debate, but I will make this point: in post-Brexit Britain, we will have to adapt our financial services sector to ensure that in the next 20 years, the UK remains...

UK as a Financial Services Hub — [Graham Stringer in the Chair] (6 Feb 2019)

Bim Afolami: ...Register of Members’ Financial Interests—22% of the self-employed work in financial services, and 40% of those freelancers had at least one project based in the EU in the past 12 months. A good Brexit deal really matters to them, and those statistics show the ancillary losses that a poor deal for financial services will bring. Numerous challenges and changes are on the horizon, which...

UK as a Financial Services Hub — [Graham Stringer in the Chair] (6 Feb 2019)

Bim Afolami: ...and the like, we should not turn away graduates, who will often be the brains of new businesses. We should help as many of them as possible to stay here; I agree with my hon. Friend on that point. Brexit obviously dominates Parliament and Whitehall at the moment. We are in fast-moving times, so I will offer no predictions, largely because by the time anyone sees this debate, they would be...

UK as a Financial Services Hub — [Graham Stringer in the Chair] (6 Feb 2019)

Bim Afolami: ..., at least. Perhaps the Minister can enlighten us about that. Those rather technical points matter, because they show that the equivalence regime—the regime that we are going to rely on under the Brexit deal—is being considerably narrowed. In my judgment, that may make it harder for UK-based firms to sell services directly into the EU in future than it is for, say, Japanese and...

Leaving the EU: European Union (Withdrawal) Act (14 Jan 2019)

Bim Afolami: ...to do the contrary would be against WTO rules. What would that do to manufacturing in various parts of the economy and to agriculture, which would be suffering from the consumer shock of a no-deal Brexit? There are other areas not covered by WTO rules. I am sure that we could work those out over time, but they would need to be negotiated with the European Union, and how easy would the...

Agriculture Bill (10 Oct 2018)

Bim Afolami: ...a great deal in the debate so far about the way in which we farm and manage our land. That, as well as ensuring that our farmers can compete, is the thrust of the Bill. We often hear about hard Brexit, soft Brexit, Chequers, “chuck Chequers” and a no-deal Brexit, but the Bill gives us a green Brexit. That is a fundamental move that constitutes a real, positive change of direction. Not...

Finance Bill: Deemed domicile: review of protection of overseas trusts (31 Oct 2017)

Bim Afolami: ...(Vicky Ford), who suggested entirely accurately that the timing of such a review may cause disruption. It may be a significant disincentive and difficult from a business perspective because of the Brexit negotiations and the situation at that time. It is also important for us, whatever party we represent, to recognise that this Government are making the case for a sustainable fiscal policy...

Exiting the European Union and Global Trade (6 Jul 2017)

Bim Afolami: ...as a corporate lawyer in the City for Freshfields Bruckhaus Deringer and for Simpson Thacher & Bartlett, and as a senior executive at HSBC. I will specifically address financial services post Brexit. I echo my hon. Friend the Member for Bromley and Chislehurst (Robert Neill) on how much of an asset financial services are to our country. I will not repeat the statistics he outlined, but...

Debate on the Address: Health, Social Care and Security (28 Jun 2017)

Bim Afolami: ...House, and it starts with fairer funding for every school. In many areas, yes, that will mean more resources. I enter this House at a time when we face serious challenges as a nation—not just Brexit or, indeed, health and social care but the challenge of creating the most dynamic, productive and technologically advanced economy in the world. Education is central to that challenge because...

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