Results 21–40 of 600 for speaker:Shaun Bailey OR speaker:Shaun Bailey

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?

Carer’s Leave Bill (21 Oct 2022)

Shaun Bailey: It is a pleasure to follow the hon. Member for North East Fife (Wendy Chamberlain), and I commend her for bringing in this important and timely Bill. She articulated so clearly the reasons why we need the Bill and its rationale, and I will not repeat the points she made because I could not clear that bar, but I want to chime in with support for the aims behind it. The hon. Lady touched on...

Protection from Redundancy (Pregnancy and Family Leave) Bill (21 Oct 2022)

Shaun Bailey: I welcome my hon. Friend to his new position. When it comes to Ministers who should be in position, he is 1,000% one of them and I am so glad to see him in his place on the Front Bench. He has just pointed out that the statistics in other areas are not great: can he give a commitment that the Government are 100% determined to ensure that we get those stats up? The fact that in the legal...

Protection from Redundancy (Pregnancy and Family Leave) Bill (21 Oct 2022)

Shaun Bailey: My hon. Friend is absolutely right. It is also about ensuring empowered women leadership. In a previous life she was the leader of Westminster City Council—if I may say so, probably the best leader we ever had. In this era of political comebacks, who knows? Perhaps another comeback is on the cards. We have to empower women leaders to encourage others. Given her experience as a woman in...

Protection from Redundancy (Pregnancy and Family Leave) Bill (21 Oct 2022)

Shaun Bailey: My hon. Friend is being incredibly generous in giving way, and it is always great to hear about personal experience. She represents the City of London as part of her constituency and we talked earlier in the debate about encouraging the brightest and the best, and those who have the right skillset. Does she agree that the Bill would ensure that the brightest and best—such as my hon. Friend,...

Protection from Redundancy (Pregnancy and Family Leave) Bill (21 Oct 2022)

Shaun Bailey: My hon. Friend has just mentioned the birth rate and the wider picture. I know that, since her days on the council, she has been passionate about building a strong sense of community in Westminster, but people in this area generally have careers and are not growing families. Many of them cannot have children, given the demographic. That will surely have an impact on communities, and the sense...

Protection from Redundancy (Pregnancy and Family Leave) Bill (21 Oct 2022)

Shaun Bailey: Looking at other models and the broader matrix my hon. Friend talks about, does she also believe that the legislative framework we are trying to bring in needs to be an evolving one? The likelihood is that we will need secondary legislation or even further primary legislation, but as part of that we must ensure that the framework continues to evolve and adapt as the workplace landscape changes.

Protection from Redundancy (Pregnancy and Family Leave) Bill (21 Oct 2022)

Shaun Bailey: It is a pleasure to follow the powerful speech by the hon. Member for Hampstead and Kilburn (Tulip Siddiq), who gave examples of lived experiences. The experience she highlighted of her children’s godmother is horrendous. These experiences are brushed under the carpet, and that is disgraceful. I hope that, through the Bill, we will ensure that that does not happen again, because it cannot....

Protection from Redundancy (Pregnancy and Family Leave) Bill (21 Oct 2022)

Shaun Bailey: My hon. Friend is absolutely right: it is a disgrace. I think about my own experiences. Before I entered this place, I was a lawyer; that is what I trained to do. I was fortunate to work in some great firms and meet some fantastic, intelligent people. I know that people sometimes typecast lawyers as all sorts and do not trust us, but the people I worked with were fantastic, intelligent,...


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