Speeches by Coghlan.

“Are cases of alleged market abuse involving high-profile individuals or politicians especially difficult for the FCA to deal with?”

“Should the FCA have played a larger role, given its statutory role? As the Chair said, were you surprised that the Bank of England appeared in the Treasury’s leak inquiry report but not the FCA?”

“Mr Rathi, to what extent, if at all, has the FCA been involved in the separate investigations into Peter Mandelson and Andrew Mountbatten-Windsor?”

“The green firms that innovate the most, and young firms, have been shown to be particularly credit constrained. Will the Minister meet me to discuss what measures the Government are taking to increase credit supply, raise research and development, and increase economic growth?”

“My rural constituency is lucky enough to be only 21 miles from London, but the train from Dorking travels at 21 mph, which, according to my arithmetic, means that it takes one hour to get there. Some 1,900 people have signed a petition calling for a faster train, and the director of South Western Railway is interested.…”

“I welcome President Trump’s statement that he is apparently now in talks with Iran. Sadly and predictably, Iran seems to have achieved escalation dominance by closing the strait of Hormuz, so what plans is the UK making for a post-conflict region in which Iran retains the upper hand because it can dictate global energy…”

“I just had a quick question. Are any of the panel members a member of a political party?”

“A constituent of mine, who aspires to be a GP, like the hon. Member, left university £44,000 in debt. She is actually paying more in interest than on her loan repayments. Does the hon. Member agree that the system deters graduates from following the very careers that we so desperately need them to follow in this countr…”

“We have touched on the principles of this already: the Institute for Fiscal Studies has advocated a fiscal traffic light system to get away from having a single-point indicator on the five-year horizon. What are the panel’s views on that?”

“Mr Jessop, on your point about the five-year time horizon, is there a related issue that policies the Government can do to improve productivity generally have a longer than five-year pay-off?”

“I will briefly challenge you on the point that we are close to the cliff edge, because during the austerity years, a lot was influenced by Reinhart and Rogoff saying, “When debt hits 100% of GDP,” blah blah blah, which has been discredited now due to a forecasting error. We have the second-lowest debt in the G7. It is …”

“Are you saying we are not close to the cliff edge?”

“Given the fate of the Russian Black sea fleet from maritime drones and that of ground forces from first-person view drones, does the Minister agree that there is unlikely to be a military solution to reopen the confined waters of Hormuz, and that we therefore need to find a diplomatic solution as quickly as possible?”

“Chancellor, first, thank you for what you have done for special educational needs. Moving on to defence, if we send ground troops to Ukraine in the event of a ceasefire, like all reservist soldiers, I will be at risk of serving. British soldiers were killed in Afghanistan, in part because previous Governments failed to…”

“We heard yesterday from economists that, in fact, if you strip out the risk-free rate, UK gilt yields are actually in line with the G7 average, and the UK actually has the second lowest debt-to-GDP ratio in the G7 right now. So what is holding you back from increasing defence to 3% of GDP now, given that it fits entire…”

“Has the UK accepted the invitation from Prime Minister Carney to participate in the charter negotiations for the Defence, Security and Resilience Bank? If not, what is holding you back?”

“You couldn’t look at other examples where sovereigns have guaranteed different forms of debt? I am just thinking, for example, of Greece and Germany during the eurozone crisis, for example, and the impact on the gilt yields paid for by the sovereign.”

“The UK is, of course, the third highest defence spender in NATO, but our defence capability and output would suggest the opposite. Where has the MOD got this wrong?”

“Mr Josephs, you rightly highlighted the fiscal position and borrowing concerns. If the Government’s portion of borrowing related to defence spending was guaranteed through common issuance with allies, would you expect that would improve, or have a positive impact on, the fiscal position given the common guarantee on th…”

“He didn’t do it himself.”