Speeches by Glen.

“Do you think it was sufficiently bad news to justify the way it was presented on 4 November?”

“She did not talk about headroom, did she?”

“Professor Miles, was the scene-setter that the Chancellor held in No. 11, and the wide understanding that that meant income tax was going up, a reasonable response to the final measures of £4.2 billion that you had handed over four or five days before?”

“I did not support Brexit. Brexit happened. We made a decision as a country, and I do not want to relitigate that. I commend the hon. Member for what he does to promote the discussion about measures to drive forward productivity. I think the Government could learn from some of his observations this afternoon, because un…”

“It is a pleasure to follow the hon. Member for Brent West (Barry Gardiner), who I know holds his views with great sincerity, although I do not agree with many of them. Before I get into the substance of the Budget measures, I want to address the process leading up to the Budget. People might say that this is a subject …”

“On the process failure of the premature publication of the document, I think there is consensus across the House that it is damaging to the reputations of the UK, the OBR and the Treasury. I welcome the fact that the report says there are issues for the Cabinet Office, the Treasury and the OBR in respect of how documen…”

“Maybe five seconds?”

“The Office for Budget Responsibility suggests that £6 billion of costs associated with special educational needs and disabilities provision has not been catered for in the Budget. Given that, it suggests that there will be an effective 4.9% cut in mainstream school spending per pupil. That is a massive concern for coll…”

“I warmly welcome the innovation around the UK town of culture. My 10 seconds of fame as the Under Secretary of State for the Department for Culture, Media and Sport was in December 2017, when I went to Hull, the train broke down and I announced on “The One Show” that Coventry would be the UK city of culture. On behalf …”

“I thank the Minister for his response. I think there has been a lot of common ground across the Chamber this afternoon, but in some areas we have not quite bottomed out what the Government’s view is about empowered pension fundholders electing to discern what amount of their pension should be invested in UK equities. W…”

“I was not paid during that time.”

“The hon. Gentleman makes a reasonable point. In a moment, I will speak about what needs to change and where we need to get to. Returning to my argument, the Pension Schemes Bill, which will have its Report stage next week, has made some welcome progress—I have to acknowledge that to the Minister. It has received signif…”

“Perhaps unsurprisingly, my right hon. Friend anticipates an argument that I am going to move on to about the wider culture of awareness of where investments are happening in our pensions, how important that is, and how we need to be cognisant of the gap that exists.”

“I beg to move, That this House has considered pension investment in UK equities. It is a pleasure to serve under your chairship, Mr Stringer. I think all hon. Members would agree that UK pension funds are hugely important, primarily to the millions of future pensioners, but also to the many scale-up businesses that are…”

“Following the decision to cancel the A303 improvements at Stonehenge, the focus in Wiltshire is on what else can be done, particularly around Salisbury, to remove some of the enormous congestion that exists that clearly impacts on economic growth. I was grateful for the engagement with National Highways last night on t…”

“Have we achieved that in the UK at the moment?”

“Professor Yüksel Ripley, what do you have to say about this? Could you bring some perspectives on international law and regulatory regimes that we could draw lessons from?”

“I hear what you are saying. That is the sort of classic answer that responsible people say, which is that we need stability, certainty and alignment with other jurisdictions so people feel confident to invest. What is specifically missing at the moment? What exists at the moment? It seems like a lot is being cooked up …”

“Mr Pond, could I ask you about the FCA’s interventions in this space so far? If we look at what it has done since 2020, there is AML for crypto exchanges; it has banned the sale of crypto derivatives to retail consumers; and it has brought crypto into the financial promotions regime. We discussed some of those in the l…”

“You seem to be, if I may say, imposing your own personal moral judgment about different qualities of investment. Surely that should be for fund managers and individual actors.”