Speeches by Baldwin.

“Postmasters who were hit by the Horizon scandal will be concerned to hear Sir Alan Bates describe the compensation process as a “quasi-kangaroo court”. Can the Minister reassure postmasters about the redress that they are due, and reassure taxpayers about the redress that he is seeking from Fujitsu?”

“I thank the Foreign Secretary for the tone of his statement and the tributes he paid to not only his predecessors, but the officials and diplomats who have been involved in the negotiations for many years. I do not think I heard an answer to the question asked by the shadow Foreign Secretary, which was: can a British c…”

“My constituents in Tenbury Wells are seeking funding for a flood defence scheme. They will have listened very closely to the Chancellor’s remarks today to hear her mention flood defence capital spending, yet it was not mentioned in her speech. Can she confirm that the capital that will be allocated in the spending revi…”

“This is a question for Mr Alder. The FCA’s own research shows that the number of people who own a cryptocurrency has more than tripled since 2021, from 2.2 million to over 7 million. How do you see the FCA’s work going in taking on regulation of cryptocurrency?”

“Can we have a date for when you will be regulating crypto at the FCA?”

“What about the listing decision?”

“But there is a road map, so does it have an end date?”

“I am asking about the listing, because you used to be at the London stock exchange.”

“If I may, Chair, I have a question on this week’s disappointing news about Wise and Alphawave listing elsewhere. Obviously, the FCA made a change to your listing rules last year, but that does not seem to have worked. Is it the general anti-wealth mantra that the Government seem to have that is causing people to list t…”

“It is not an FCA problem—is that what you are saying to the Committee?”

“I would like to address the elephant in the room. Clearly, Mr Rathi, you are one of the outstanding public civil servants of your generation, and you have a good 20-year career ahead of you. It is well known in the public domain that you went for the Cabinet Secretary job. The worst thing that could happen in terms of …”

“May I talk about one more operational thing? You announced yesterday that Nvidia is working with you on artificial intelligence. That is in the sandbox, I assume.”

“I have had feedback from probably some of the same people who have spoken to the Chair, and they have talked about their concerns. They are putting their most precious thing—their intellectual property—into the sandbox, and they don’t feel that it is necessarily safe or secure there, or even impervious to cyber-attack.…”

“I am a big fan of the sandbox. I just wanted to share that feedback.”

“You turned down something like 85% of applicants because they were not meeting anti-money laundering criteria.”

“The truth is that the Chancellor made a chilling political choice last July and has now had to make a screeching U-turn following pressure from people across the House and outside this Chamber. Will the Minister take this opportunity to send an apology to all the low-income pensioners in West Worcestershire and elsewhe…”

“The hon. Gentleman is making a powerful speech. When the last bank in town closes in communities such as Tenbury Wells and Pershore, it is a cumbersome process for them to qualify for a banking hub. He mentioned the role of the regulator. Does he agree that when the last bank in town closes, a banking hub ought to be p…”

“I wholeheartedly endorse that. It is the principle; we do not know what Executive we will hand this power to in future. The current Executive is asking for the power, but we are a democracy, and the Executive can change at every single election. It would be wrong for Parliament to give away its powers in the way that i…”

“I agree. We all know the types of people being let of prison by this Government. It is a total scandal that suddenly a person can be imprisoned for perhaps inadvertently having products in stock that have not followed a dynamic alignment process that has not been very visible to Parliament. That is why I hope that the …”

“May I say what an interesting debate this has been? I have a huge amount of sympathy for the case that has been put for new clause 1, which was made in a very coherent way. I also have great sympathy for the hon. Member for Walthamstow (Ms Creasy) and her proposed new clause 15. I will explain how our amendments would …”