Results 101–120 of 1100 for (in the 'Commons debates' OR in the 'Westminster Hall debates' OR in the 'Lords debates' OR in the 'Northern Ireland Assembly debates') speaker:Kevin Hollinrake

Social Distancing: 2 Metre Rule (15 Jun 2020)

Kevin Hollinrake: The Minister is absolutely right that the evidence is changing daily and that we have a menu of options to deal with the transmission of covid. Increasingly, face coverings look effective. Would it not be worth relaxing some measures, such as the 2 metre rule, which make the pubs and restaurants in Thirsk and Malton and every other constituency financially unviable, and tightening up in other...

Planning Process: Probity (11 Jun 2020)

Kevin Hollinrake: Will my right hon. Friend set out his plans to increase the supply of affordable homes to rent and to purchase through the excellent first homes programme that he has brought forward, particularly for key workers, the heroes of the covid crisis? Will he consider directly commissioning the construction of those homes on surplus public sector land?

Horizon: Sub-Postmaster Convictions (10 Jun 2020)

Kevin Hollinrake: I fear the cover-up could continue. The Post Office has decided to bring in Herbert Smith Freehills to oversee historic cases. This is the practice that contributed to the cover-up of a fraud at Lloyds HBOS over seven years and oversaw the establishment and operation of the Lloyds bank customer review, which was described by the Financial Conduct Authority’s review of that scheme as...

Public Order (8 Jun 2020)

Kevin Hollinrake: I was going to say how good it is to hear this House so united—in the main, it is united in its support for peaceful protest, particularly one that is tackling prejudice and unfairness, and also in its support for the police. Does my right hon. Friend agree that the best way to support the police is to deter future violent crime by making sure that everybody who is guilty of things such as...

Public Order (8 Jun 2020)

Kevin Hollinrake: I was going to say how good it is to hear this House so united—in the main, it is united in its support for peaceful protest, particularly one that is tackling prejudice and unfairness, and also in its support for the police. Does my right hon. Friend agree that the best way to support the police is to deter future violent crime by making sure that everybody who is guilty of things such as...

Public Order (8 Jun 2020)

Kevin Hollinrake: I was going to say how good it is to hear this House so united—in the main, it is united in its support for peaceful protest, particularly one that is tackling prejudice and unfairness, and also in its support for the police. Does my right hon. Friend agree that the best way to support the police is to deter future violent crime by making sure that everybody who is guilty of things such as...

Corporate Insolvency and Governance Bill: Moratoriums in Great Britain (3 Jun 2020)

Kevin Hollinrake: Matters are progressing quickly and it is important to bring forward these measures now, but they do not directly tackle the issues relating to conflict of interest. The Department’s proposal to look for a single regulator could well do that. Will the Minister be prepared to meet me to discuss those measures to see when they might be brought forward in future legislation?

Corporate Insolvency and Governance Bill (3 Jun 2020)

Kevin Hollinrake: It is a pleasure to speak after my hon. Friend the Member for Strangford (Jim Shannon); we have spoken in many debates on business issues before and he is a huge champion of business. It was also a pleasure to listen to the maiden speech of my new colleague, my hon. Friend the Member for Heywood and Middleton (Chris Clarkson). It is great to have another Conservative northern Member of...

Corporate Insolvency and Governance Bill (3 Jun 2020)

Kevin Hollinrake: Thank you, Madam Deputy Speaker. I will try to move on quickly. A lot of this information is supplied by the then business owners. Deloitte actually perjured itself in court on many of these issues. All this arises because of the conflict of interest. Deloitte should have sued the bank, but that simply does not happen. This stuff happens because of the unholy alliance of vested financial...

Corporate Insolvency and Governance Bill (3 Jun 2020)

Kevin Hollinrake: My hon. Friend is making an important point. Is he aware that some banks have a blanket restriction on lending money to football clubs and are applying that restriction to CBILS as well, so even though the Government support is not supposed to have a sector-based restriction, this is being applied to football clubs?

Corporate Insolvency and Governance Bill (3 Jun 2020)

Kevin Hollinrake: I think it is a bit harsh to say that the schemes are not working at all. About £30 billion has been lent under both those schemes—about £9 billion under the CBILS and £21 billion under bounce-back loans. The CBILS issue seems to be that, although the forward-looking viability test has been removed, banks are still assessing whether businesses can afford to make the loan repayments over...

Corporate Insolvency and Governance Bill (3 Jun 2020)

Kevin Hollinrake: I agree with my hon. Friend and support his point. I think the provision to which he is referring is proposed new section A6(1)(e) in the Insolvency Act 1986, which contains the wording: “in the…monitor’s view, it is likely that a moratorium for the company would result in the rescue of the company as a going concern.” Simply changing “would” to “could” would resolve the issues.

Corporate Insolvency and Governance Bill (3 Jun 2020)

Kevin Hollinrake: That is a very important point. I think the legislation is covered under clause 95 of the Finance Bill, which makes HMRC a preferred creditor once again. The real concern is not just that lenders will be less willing to lend on that basis—that is a concern because you go above lenders with a floating charge—but that HMRC may be less willing to show forbearance to businesses that are...

Corporate Insolvency and Governance Bill (3 Jun 2020)

Kevin Hollinrake: The right hon. Gentleman touched on his amendment that would ring-fence 30% of assets for unsecured creditors; is he not concerned that if we did that, people who are willing to extend finance to businesses on a secured basis may be less willing to lend?

Corporate Insolvency and Governance Bill (3 Jun 2020)

Kevin Hollinrake: Because of the success of bounce-back loans—it is a much easier process to get a bounce-back loan than a CBILS loan—lots of businesses that need more than £50,000 have gone for a bounce-back loan as an interim step, but are restricted from taking a CBILS loan, as they can only have one or the other. Would my right hon. Friend consider allowing businesses to apply for a CBILS loan for a...

Corporate Insolvency and Governance Bill (3 Jun 2020)

Kevin Hollinrake: I speak as a co-chair of the all-party group on fair business banking, has dealt with a lot of problems in how banks treat SMEs, facilitated by insolvency practitioners. To eliminate those conflicts of interest, the Secretary of State’s Department has committed to bringing forward measures to provide that the conduct of insolvency practitioners is overseen by a single regulator, rather than...

Corporate Insolvency and Governance Bill (3 Jun 2020)

Kevin Hollinrake: In respect of commercial loans, currently the banks, when showing forbearance, are providing capital repayment holidays but only on the capital element of the repayment. In respect of residential mortgages and loans, they are giving complete repayment holidays. The monthly capital repayment is a small element of the overall payment. The banks could be much more helpful to landlords by giving...

Covid-19: Aviation (3 Jun 2020)

Kevin Hollinrake: I understand the public concern that has given rise to the policy on quarantining, but would it be worth publishing the economic and public health impacts of that policy, with and without air bridges, to properly inform the public debate?

Transport: English Regional Transport Infrastructure (18 May 2020)

Kevin Hollinrake: What steps he is taking to increase spending on transport infrastructure in the English regions.

Transport: English Regional Transport Infrastructure (18 May 2020)

Kevin Hollinrake: Some of us do not have those hair problems, Mr Speaker. Will the Minister confirm his commitment to investment right across the north—not just the big projects, such as northern powerhouse rail, from the east coast through the west coast, but the smaller but no less important projects, such as the dualling of the A64 in my constituency?


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