Results 1–20 of 600 for speaker:Shaun Bailey OR speaker:Shaun Bailey

Upcoming Business – Commons: Main Chamber (3 Mar 2023)

Firearms Bill: Second Reading – Shaun Bailey. Private Members' Bills; 9:30 am

Finance Bill (28 Nov 2022)

Shaun Bailey: I could say so much about what we are debating today that I do not know if I can contain myself. I am fortunate that procedurally there is no time limit for Finance Bills, so I could speak for hours about the Government’s proposals, but I will be as circumspect as possible. We have heard some fantastic contributions, including from my hon. Friend the Member for Eastleigh (Paul Holmes); I...

Finance Bill (28 Nov 2022)

Shaun Bailey: I could say so much about what we are debating today that I do not know if I can contain myself. I am fortunate that procedurally there is no time limit for Finance Bills, so I could speak for hours about the Government’s proposals, but I will be as circumspect as possible. We have heard some fantastic contributions, including from my hon. Friend the Member for Eastleigh (Paul Holmes); I...

Points of Order (28 Nov 2022)

Shaun Bailey: Further to that point of order, Madam Deputy Speaker. The hon. Lady has just turned around and said, “Do you want to tell me to sit down out there?” To me, that sounds quite threatening. Is that in line with the code of conduct of Members of this House?

Points of Order (28 Nov 2022)

Shaun Bailey: Further to that point of order, Madam Deputy Speaker. The hon. Lady has just turned around and said, “Do you want to tell me to sit down out there?” To me, that sounds quite threatening. Is that in line with the code of conduct of Members of this House?

Energy (oil and gas) profits levy (22 Nov 2022)

Shaun Bailey: My hon. Friend is making a very passionate speech. On the living wage, the Labour party will not commit to not raising taxes on low-end workers. How much would Labour’s tax bombshell take from those on the living wage? Clearly, we have got one incoming; we can see it over there. What is her estimate, if Labour does raise taxes on people at the lower end of the tax spectrum?

Energy (oil and gas) profits levy (22 Nov 2022)

Shaun Bailey: In my hon. Friend’s assessment, because we cannot get that assurance —I hope the right hon. Member for Wolverhampton South East (Mr McFadden) is listening—what does he estimate Labour’s tax bombshell to be for our constituents in the west midlands, because it sounds as if there is definitely one incoming?

Public Bill Committee: Financial Services and Markets Bill: New Clause 16 - Regulators’ immunity from civil damages action (3 Nov 2022)

Shaun Bailey: I fear I will probably repeat what my hon. Friends have just articulated so clearly. I agree that the principle of the new clause, as articulated by the hon. Member for West Dunbartonshire, is interesting. As my hon. Friend the Member for Hastings and Rye pointed out, many have been calling for such action for some time. Clearly, the running theme of these contributions, which was expertly...

Public Bill Committee: Financial Services and Markets Bill: New Clause 9 - Updated Green Finance Strategy (3 Nov 2022)

Shaun Bailey: The Minister’s comments about the green finance index are positive and I know his commitment to that agenda. He said we will do more. Will he reassure me that the benefits will be spread regionally and that he will ensure that the investment goes into areas that can turbocharge that agenda? I made this point earlier, but will he reassure me that he is committed to exploring the idea of...

Public Bill Committee: Financial Services and Markets Bill: New Clause 7 - FCA duty to report on mutual and co-operative business models (3 Nov 2022)

Shaun Bailey: My hon. Friend the Minister will know that, in addition to that, the FCA regularly engages with mutuals and co-operatives. In March, a chief executive officer letter was circulated around building societies to remind them of their duties towards customers. That is in addition to the statutory provisions. Perhaps the Minister could briefly comment on the additional engagement the FCA has with...

Public Bill Committee: Financial Services and Markets Bill: New Clause 9 - Updated Green Finance Strategy (3 Nov 2022)

Shaun Bailey: It is a pleasure to speak with you in the Chair, Mr Sharma. I will keep my comments brief. I had not intended to speak on the new clause, but the hon. Lady made a really important point about access to green finance, particularly for SMEs. The Black Country chamber of commerce, which does fantastic work with SMEs, has raised this issue with me. If businesses want to access green finance,...

Public Bill Committee: Financial Services and Markets Bill: Clause 47 - Cash access services (1 Nov 2022)

Shaun Bailey: It is a pleasure to see you in the Chair, Mr Sharma—

Public Bill Committee: Financial Services and Markets Bill: Clause 47 - Cash access services (1 Nov 2022)

Shaun Bailey: Thank you, Mr Sharma. I do not want to add too much to what the hon. Member for West Dunbartonshire has said. He has articulated well the reasons why the original clause and his amendments are vital to our communities. The stark reality is that cash is still an important part of our local economic infrastructure, and more so for my communities, where we have seen two bank closures in the last...

Public Bill Committee: Financial Services and Markets Bill: Clause 13 - Testing of FMI technologies or practices (25 Oct 2022)

Shaun Bailey: The provisions in clauses 13 to 17 are incredibly welcome, because we are dealing with a financial services landscape that is constantly innovating and changing. I should declare that prior to becoming a Member of Parliament, I worked for the legal team at a major big seven bank and saw these developments as part of my role there. The provisions are very important because they will ensure...

Public Bill Committee: Financial Services and Markets Bill: Clause 8 - Designated Activities (25 Oct 2022)

Shaun Bailey: I, too, support the intentions behind the amendment from the hon. Member for Glenrothes, which were very well articulated by the hon. Member for Wallasey. We often see these people swanning around the place with their ill-gotten gains, while many of our constituents have been on the receiving end of a scam. Even when there has been some form of regulatory investigation, some people do not...

Public Bill Committee: Financial Services and Markets Bill: Clause 3 - Power to make further transitional amendments (25 Oct 2022)

Shaun Bailey: I shall be brief. Broadly speaking, I support the three clauses and particularly clause three on the qualifications it puts on how the Treasury will utilise those powers. I do not know the inner machinations of the Treasury. I know there are people in this room, particularly the hon. Member for Wallasey, who probably know it better than me, but the practical reality needs to be an important...

Public Bill Committee: Financial Services and Markets Bill: Clause 1 - Revocation of retained EU law relating to financial services and markets (25 Oct 2022)

Shaun Bailey: It is a pleasure to see you in the Chair, Dame Maria. We often cross paths in these Committees and it is great to see you once again in the Chair. I will speak briefly about amendment 44, following the comments of the hon. Members for Wallasey and for Glenrothes. The Government need to be nimble in how they lay regulations, particularly in this transitional period. Clause 1 provides the...

Public Bill Committee: Financial Services and Markets Bill: Clause 1 - Revocation of retained EU law relating to financial services and markets (25 Oct 2022)

Shaun Bailey: Perhaps I should have finished my comments, which would have led to the point that the hon. Gentleman has made. There is a need for speed and also a need to make things right. I think that is the point that he and the hon. Member for Wallasey were making, particularly as it is so vital that we get it right. I agree with the hon. Lady that there is a place for scrutiny. Drafting errors are a...

Public Bill Committee: Financial Services and Markets Bill: Clause 1 - Revocation of retained EU law relating to financial services and markets (25 Oct 2022)

Shaun Bailey: I thank the hon. Lady again for the work that she has done. I will round up my comments by saying that I think it is right that in clause 1 the Minister has the ability to do what he needs to do, but I do ask him to consider what Members have said about the safeguards to ensure that there is the right framework, particularly around drafting amendments and suchlike, so that we get this right....

BBC Licence Fee Non-Payment (Decriminalisation for over 75s) Bill (21 Oct 2022)

Shaun Bailey: At a time when our courts are under increased pressure, a prosecution over a TV licence is surely not a priority. Does it not make a farce of itself?


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