Judith Cummins MP: speeches

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Speeches

25 Apr 2025 · Devolution (Immigration) (Scotland) Bill · Hansard source
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Order. I remind the hon. Gentleman that this debate is about devolving immigration to Scotland.
25 Apr 2025 · Devolution (Immigration) (Scotland) Bill · Hansard source
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That is not a point of order. The Bill has a broad scope, so it does allow for some broadness in the debate.
25 Apr 2025 · Devolution (Immigration) (Scotland) Bill · Hansard source
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Order. I am grateful for that intervention, because I remind Members to please keep in scope of the Bill.
25 Apr 2025 · Devolution (Immigration) (Scotland) Bill · Hansard source
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Order. I remind all Members that the Bill is about why Scotland should have devolved powers over immigration.
25 Apr 2025 · Devolution (Immigration) (Scotland) Bill · Hansard source
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I call the shadow Secretary of State.
25 Apr 2025 · Devolution (Immigration) (Scotland) Bill · Hansard source
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Order. Can I remind the hon. Gentleman to do less you-ing, please?
25 Apr 2025 · Devolution (Immigration) (Scotland) Bill · Hansard source
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Order. I remind the hon. Gentleman, before I call the hon. Member for Arbroath and Broughty Ferry (Stephen Gethins) to continue, that interventions should be on the Member who is speaking.
25 Apr 2025 · Devolution (Immigration) (Scotland) Bill · Hansard source
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Order. May I remind hon. Members that this is a debate about why Scotland should have devolved powers over immigration?
25 Apr 2025 · Devolution (Immigration) (Scotland) Bill · Hansard source
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Order. Before I call Richard Quigley, may I just remind Members that good temper and moderation are the hallmark of this Parliament?
25 Apr 2025 · Devolution (Immigration) (Scotland) Bill · Hansard source
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Order. May I remind the hon. Gentleman that the Bill is an immigration Bill? While I did say that the scope is quite wide, will he please try to stick to immigration?
24 Apr 2025 · Bank Resolution (Recapitalisation) Bill [Lords] · Hansard source
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With this it will be convenient to discuss the following: Amendment 1, in clause 1, page 1, line 20, at end insert— “(2A) The Bank of England must not require the scheme manager to make a recapitalisation payment if it has directed the financial institution to maintain an end-state Minimum Requirement for Own Funds and Eligible Liabilities (MREL) exceeding minimum capital requirements.” This amendment seeks to prohibit the use of FSCS funds to recapitalise large financial institutions, defined as those which have reached end-state MREL. Amendment 3, page 1, line 22, at end insert— “(3A) No application to the scheme manager for recapitalisation payments may be considered by the Bank of England for a financial institution which has been directed to maintain an end-state Minimum Requirement for Own Funds and Eligible Liabilities (MREL) exceeding minimum capital requirements, unless permission has been given, through regulations, by the Chancellor of the Exchequer. (3B) Regulations made by the Chancellor of the Exchequer, subject to subsection (4), shall be made through Statutory Instrument under the negative procedure.” This amendment would ensure financial institutions that maintain an end-state Minimum Requirement for Own Funds and Eligible Liabilities exceeding minimum capital requirements are excluded from the provisions of the Bill, unless permission has been given through regulations. Amendment 4, page 2, line 3, at end insert— “(5A) As a further objective to the special resolution objectives in section 4 of the Banking Act 2009, when discharging its functions in respect of the exercise of recapitalisation payments under this section, the Bank of England must observe the competitiveness and growth objective. (5B) The competitiveness and growth objective is facilitating, subject to aligning with relevant international standards— (a) the international competitiveness of the economy of the United Kingdom, and (b) its growth in the medium to long term.” This amendment would place a further objective on the Bank of England to consider the competitiveness and growth of the market before directing the recapitalisation of failing small banks through a levy on the banking sector. Amendment 2, in clause 5, page 4, line 14, at end insert— “(2B) The code must include guidance to the Bank of England on the exercise of its functions in relation to building societies to ensure that, in circumstances where the use of a recapitalisation power may result in demutualisation, due consideration is given to the impact of such demutualisation on members and on the mutuals sector. (2C) In preparing the guidance required under subsection (2B), the Treasury shall consider the feasibility of selecting a purchaser from the mutuals sector as a means of avoiding demutualisation, provided such a purchaser meets the resolution objectives.” This amendment seeks to ensure that, where possible, the selection of a purchaser from the mutuals sector is considered to avoid demutualisation, provided this aligns with the Bank's resolution objectives.
24 Apr 2025 · Bank Resolution (Recapitalisation) Bill [Lords] · Hansard source
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Order. May I just remind the hon. Gentleman that we are discussing what is in scope, rather than what is not in scope and has not been selected?
24 Apr 2025 · Business of the House · Hansard source
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Order. I want to get as many people in as possible, so please keep questions short.
24 Apr 2025 · Business of the House · Hansard source
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For the final question, I call Chris Vince.
24 Apr 2025 · Business of the House · Hansard source
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Order. We have around 15 to 20 minutes left for these questions, so please help each other out.
24 Apr 2025 · Business of the House · Hansard source
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Members will see that there is a lot of interest in business questions today—about 80 wish to speak. I therefore ask any Members who have a long question to rewrite it. It should be no longer than two or three sentences.
24 Apr 2025 · Business of the House · Hansard source
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We need very short questions.
24 Apr 2025 · Business of the House · Hansard source
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I call the Chair of the Backbench Business Committee.
24 Apr 2025 · London Sudan Conference · Hansard source
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I call the Liberal Democrat spokesperson.
24 Apr 2025 · London Sudan Conference · Hansard source
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I call the shadow Foreign Secretary.
23 Apr 2025 · Hospitals · Hansard source
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Order. I must now announce an immediate five-minute time limit for Back-Bench speakers, with the exception of the Chair of the Select Committee.
23 Apr 2025 · Hospitals · Hansard source
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Order. There is an immediate three-minute time limit.
23 Apr 2025 · Hospitals · Hansard source
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With an immediate four-minute time limit, I call Emily Darlington.
23 Apr 2025 · Hospitals · Hansard source
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I call the Chair of the Health and Social Care Committee.
23 Apr 2025 · Hospitals · Hansard source
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I call the shadow Minister.

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