Speeches by Grady.

“Just stepping back on the motor finance saga, we have already had extensive litigation, including on various common law principles. We now have a judicial review, which could, of course, go to the Court of Appeal or even the Supreme Court on a point of law. This is taking a long time. Consumers are not getting money to…”

“If I paraphrased your answer, would it be broadly as follows: the FCA cannot force financial institutions to provide basic core financial products to people, but the Government would do well to consider some sort of mandating or social tariff, if you like, for core financial products, or some solution along those lines…”

“Some of these things, such as a bank account or contents insurance for a flat, are basic financial products that everyone needs to participate in society, just like electricity, gas and food, in a way. The consumer duty means you cannot mandate anyone to provide products to customers, in particular if a product is unaf…”

“My constituency has very high levels of poverty. If a firm excludes certain consumers because they are higher risk or less profitable, does that engage with consumer duty?”

“I should declare that I have a relative who works for a large mutual. I suspect that the timetable you have set out does not take into account the fact that the judicial review could then go to the Court of Appeal if it is a point of law, and then the Supreme Court, so this could take even longer. Does this not emphasi…”

“I welcome the Foreign Secretary’s statement. Though I appreciate that the ban on trade with illegal settlements may be complicated, it is our moral duty to overcome those complications. Conflict creates very serious issues for some of the poorest countries in the world, which cannot withstand the energy and food crisis…”

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“I welcome the Foreign Secretary’s statement. Though I appreciate that the ban on trade with illegal settlements may be complicated, it is our moral duty to overcome those complications. Conflict creates very serious issues for some of the poorest countries in the world, which cannot withstand the energy and food crisis…”

“I fear you may be about to take a question out of Dame Meg’s hand, but could that power compel financial institutions to provide contents insurance to people?”

“Ms Barber, that is a very good point. I am aware of that. The point might be that one might look at similar powers in future for what one considers to be essential products, such as contents insurance or something on those lines.”

“Would you agree with that? Have I got the point?”

“And you. They are demonstrably British and Scottish. They want to stay here, but they cannot get finance, because, to get finance, you need to show you have some customers and a prospect of having customers in the future. That is the basis on which people invest. People focus on things such as the National Wealth Fund,…”

“Can I just pick up on that? One of the things I used to do in a previous life was advising on the National Security and Investment Act. The basic idea behind it is that we need to keep IP and brains in the UK. I have in my seat Strathclyde University, which is a brilliant technological university, and Glasgow’s just ac…”

“A student loan will more often than not be one of the first big financial decisions that a young person makes, and one of the biggest financial decisions they make in their lifetime. The loans are exempt from the Consumer Credit Act and financial services regulations, so people do not benefit from any kind of consumer …”

“I want to pick up where Mr Glen left off. Mr Walters, a lot of your members work in engineering—in the energy industry and so on. Those are fields of great innovation. We would not have said 30 years ago that we could run much of the UK on renewable energy—people would have thought we were crackers. Do you think there …”

“Gently, it is just a little frustrating because the difference is this: if the Government offered a positive change to students, they would accept it. It is the protection against the negative changes that is a concern, but I will draw it to a close.”

“Sir Philip, the Committee has heard a lot of evidence that the terms and conditions of the loan were not made clear to the students, that students did not understand them and that talks to students did not explain that payments ratchet up as pay goes up. An FAQ document that we have seen says a student loan is not like…”

“Coming back to the statutory responsibility, quite a few years ago, in my previous life, I spent a lot of time advising on the contract for difference regime, which is the mechanism to incentivise renewable generators to build big offshore wind farms. One of the key things from industry was that this must be a contract…”

“The Finance Minister of Israel, Smotrich, has alleged that an arrest warrant has been issued for him. He has said that this alleged arrest warrant is “a declaration of war”, and that his first move will be to demolish the village of Khan al-Ahmar. Does my hon. Friend condemn any attempt to put pressure on the Internati…”

“I welcome my right hon. Friend’s statement, which is great news for the cafés and restaurants in my constituency, of which there are many, and for the very many showmen and women who run Scotland’s and Britain’s great fairs. I note that the Conservative party objects to all this, but it is the Conservative party that l…”