Results 1–20 of 8290 for speaker:Bill Cash

London Stock Exchange (21 Feb 2017)

Bill Cash: I am glad that the Government will consider the matter carefully, and that it is clear from this debate that everyone accepts the need to examine the issue rigorously, as so many have urged on me since I introduced the proposals. We look forward to that further examination, which may well be on the Floor of the House. I do not have time to go into all the details of the essential questions...

London Stock Exchange (21 Feb 2017)

Bill Cash: Will the hon. Gentleman give way?

London Stock Exchange (21 Feb 2017)

Bill Cash: I beg to move, That this House has considered the future of the London Stock Exchange. It is a pleasure to serve under you, Mr Hollobone. I have brought this matter for debate because the proposed merger between Deutsche Börse and the London Stock Exchange raises issues of national interest and, in my opinion, it is a slam dunk that the merger is not in the national interest. The London...

London Stock Exchange (21 Feb 2017)

Bill Cash: There is severe detriment to our national interest in allowing a merger of that kind when the London Stock Exchange and its group are the jewel in the crown of the City of London. Any merger raises matters of national interest such as, first, financial stability and UK taxpayer liability. The merger would create a new financial market infrastructure group controlling, inter alia, about 90% of...

London Stock Exchange (21 Feb 2017)

Bill Cash: As I have said, the withdrawal Bill is quite clear. We will leave. That means that we will be insulated from the catastrophe that could occur if the eurozone collapsed. I could enlarge that point, but I will not for the time being. There is another statutory requirement to ensure the principle of the desirability of sustainable growth in the UK’s economy in the medium or long term....

London Stock Exchange (21 Feb 2017)

Bill Cash: I was against the merger before Brexit, and I have become even more so since. I emphatically repeat my view that it is against the national interest, and I will not in any way resile from that point. This deal would operate against the UK’s national interest in several ways. For example, the driver behind the merger is to consolidate as much market activity across the whole value chain...

European Union (Notification of Withdrawal) Bill: Conduct of negotiations (8 Feb 2017)

Bill Cash: I congratulate my right hon. Friend on his great speech, but I want to ask him one question that goes to the merits of the new clause. It says that the Prime Minister “shall give an undertaking”, which is clearly a mandatory requirement under statute, and which itself calls for judicial review if somebody decides to do that. However, in all my time in this place, I have never...

European Union (Notification of Withdrawal) Bill: Parliamentary approval for agreements with the Union (7 Feb 2017)

Bill Cash: That is politics, as the right hon. Gentleman knows only too well, because he has a similar experience in his position with regard to Scotland. The bottom line is that we are faced with a simple decision, which is going to be decided in a vote later today, I imagine—it might be in part tomorrow as well, and then there will be Third Reading. I hope that all these attempts to, in my...

European Union (Notification of Withdrawal) Bill: Parliamentary approval for agreements with the Union (7 Feb 2017)

Bill Cash: I am sure that it is in order. The problem is whether we vote for it, and there are extremely good reasons for not doing so. New clause 1 and the other amendments have been tabled by honourable people—hon. Members on both sides of the House, and some right hon. Members—but they know perfectly well what they are doing. They are trying to delay, to obstruct and to prevent the Bill...

European Union (Notification of Withdrawal) Bill: Parliamentary approval for agreements with the Union (7 Feb 2017)

Bill Cash: I hope the Committee will allow me to mention that today, 7 February, is 25 years to the day since the signing of that fateful Maastricht treaty. I see that my right hon. and learned Friend the Member for Rushcliffe (Mr Clarke) is looking at me with a wry smile on his face. I do not doubt for a minute that he will recall that he once said—I hope I am not mistaken—that he had not...

European Union (Notification of Withdrawal) Bill: Parliamentary approval for agreements with the Union (7 Feb 2017)

Bill Cash: I am so glad that my hon. Friend has made that point. The difference between what I was doing in those days and what is happening now is that we were arguing against the Government’s policy of implementing European government, which is what the Maastricht treaty was about—incidentally, the electorate made clear in the referendum that they now accept that. Moreover, we were arguing...

European Union (Notification of Withdrawal) Bill: Parliamentary approval for agreements with the Union (7 Feb 2017)

Bill Cash: I can only say that, in our democratic system, six Members to one in the House of Commons, and indeed the House of Lords, voted in favour of a referendum, by means of a sovereign Act of Parliament, to give the people a say in the hon. Gentleman’s constituency as well as mine next door to it—not to mention in Stoke-on-Trent Central, where quite an interesting test will take place...

European Union (Notification of Withdrawal) Bill: Parliamentary approval for agreements with the Union (7 Feb 2017)

Bill Cash: The right hon. Gentleman is pursuing this matter relentlessly. Will he explain why he is doing so? I suggest that it is because he knows that the answer to the question he is putting depends on whether the European Court of Justice gets its hands on this matter. That is what it is about, as I am sure he will accept.

Informal European Council: Joint Ministerial Committee (EU Negotiations) (6 Feb 2017)

Bill Cash: Will the hon. Lady give way?

Informal European Council: Parliamentary oversight of negotiations (6 Feb 2017)

Bill Cash: The main point I was making, and I stand by it, is that new clause 3 imposes a legal obligation, enforceable by judicial review, on the Prime Minister effectively—and not just effectively, but actually and legally—to break the confidentiality imposed by, for example, limité documents. As I have said, I do not always subscribe to such degrees of confidentiality, but that is a...

Informal European Council: Parliamentary oversight of negotiations (6 Feb 2017)

Bill Cash: My right hon. Friend the Member for West Dorset (Sir Oliver Letwin), who was in the Chamber a short time ago, made an important point about this new clause. When imposing legal requirements and duties on anybody—let alone the Prime Minister—one has be sure that those requirements are capable of being realised. My right hon. Friend the Member for Forest of Dean (Mr Harper) and...

Informal European Council: Parliamentary oversight of negotiations (6 Feb 2017)

Bill Cash: I have enormous sympathy with that. In point of fact, the Secretary of State for Brexit gave evidence in the House of Lords, where, as I understand it, he made it abundantly clear that any document that would be made available to the European Parliament and its committees would, indeed, be made available to this House. To that extent, I agree with the hon. Member for Eltham (Clive Efford),...

Informal European Council: Parliamentary oversight of negotiations (6 Feb 2017)

Bill Cash: Well, they certainly would not. That is really the purpose of the limité restriction. Although I have reservations about the restriction in certain cases, I can think of a number of instances in which it is absolutely vital that the documents remain confidential. If there were any breach of that confidentiality —there would have to be an undertaking by the Prime Minister that she...


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