Financial Services and Markets Bill

Debate between Lord Grayling and Richard Fuller

2nd reading
Wednesday 7th September 2022 Commons Chamber

[Richard Fuller]

The hon. Lady is right to point to the importance of the objectives that are set for the regulators in financial services, but surely she will accept that the most fundamental principle for each of them should be the stability of financial services in the United Kingdom, and we pay regard to that in the Bill. We have added, as she pointed out, some focus on global competition and on achieving growth across the United Kingdom. Those are the fundamental demands that the British people have of the financial services sector. However, it is important that we have regard to the issues that the hon. Lady has mentioned, and I am sure we will discuss them, and the priority that should be attached to them, in more detail in Committee.

[Chris Grayling (Epsom and Ewell) (Con)]

May I pursue the point about environmental issues? I take my hon. Friend’s point about the need to secure the stability of the sector—that is not in dispute—but one of the things we have not done in this country is to take steps to place a duty on financial institutions not to invest in businesses that support deforestation around the world. Our combat against deforestation has run through a range of policies that the Government have pursued, and it should be continued. I will be asking my hon. Friend, as we go through this process—ahead of, possibly, tabling amendments on Report—to consider placing such a duty on the financial services sector, so that before it invests internationally, it at least asks the question “Will this lead to deforestation?”

[Richard Fuller]

I am grateful to my right hon. Friend for that addition to the debate. It is clear that there is interest in the House in debating the priority that is given to these particular issues, and I look forward to hearing the contributions of my right hon. Friend—and those of Opposition Members—in Committee, to establish whether we have got these matters right.

Bus Services Bill [Lords]

Debate between Lord Grayling and Richard Fuller

2nd reading: House of Commons
Wednesday 1st March 2017 Commons Chamber

[Lilian Greenwood]

rose—

[Richard Fuller (Bedford) (Con)]

rose—

[Chris Grayling]

I will give way one last time to both sides of the House, but then finish.

[Chris Grayling]

That is the point of difference between us. We do not want to go back to the situation in which every Labour council is trying to set up its own bus company. We think that will absorb public sector capital that could be more wisely used elsewhere, take up essential time that should be devoted to other services and not deliver a good deal for passengers.

[Richard Fuller]

I do not want my right hon. Friend to look backwards; I want him to look forwards in this Bill, particularly with respect to the provisions on accessibility, which are most welcome. Could he ask his excellent ministerial colleague, the Under-Secretary of State for Transport, my hon. Friend the Member for Harrogate and Knaresborough (Andrew Jones), who will be winding up the debate later—I know that my right hon. Friend is wrapping up his contribution now—to respond on the issue of the sense of timing for when the regulations will require operators to provide the bus services? If that could be clarified to a certain extent today, it would be very helpful.

[Chris Grayling]

The simple answer is that once the Bill is passed, we shall seek to move ahead as quickly as possible. It cannot be done overnight. We cannot simply wave a wand and bring in new systems immediately. As the Opposition Front-Bench spokesman rightly said, shortly.

The Bill seeks to do one thing; our goal is to do one thing; my Department’s work is all about one thing—to improve services for passengers. The Bill offers a balanced set of tools for local authorities and operators to use to make bus services even better than they are today. The Bill as originally drafted—I stress that proviso—provides an opportunity to make a real difference to passengers in all parts of the country. Through franchising and enhanced partnerships, this Bill provides councils with new ways to co-operate with bus operators to improve journeys for passengers. Open data provisions will allow passengers to plan their journeys better, while on-board information will help all passengers to get where they need to be and will reinforce the message of accessibility that is so important to all Members. Together, all these measures will put passengers at the heart of improvements to bus services. That is the simple and only goal of this Bill, which I commend to the House.

Business of the House

Debate between Lord Grayling and Richard Fuller

Thursday 26th November 2015 Commons Chamber

[Chris Grayling]

It is clearly a very sad anniversary for the families of all those who lost their lives and for those who were injured and affected. We send our heartfelt sympathies to them before a very difficult weekend.

The report has now been published and left a lot of questions unanswered about the circumstances that led to the crash. I will make sure that the Aviation Minister, my hon. Friend the Member for Scarborough and Whitby (Mr Goodwill), is aware of the hon. Lady’s comments. Transport Ministers will be in the House on Thursday week, so she can make that point to them again.

[Richard Fuller (Bedford) (Con)]

On Sunday the Jaskomal Foundation, based in Bedford, is holding a drive for people of Asian origin to join the bone marrow donation register. The Anthony Nolan Trust has shown that the likelihood of a match falls from 60% for the overall population to 20% for people of African or Asian origin. May I take the Leader of the House’s best wishes to the Jaskomal Foundation for its efforts, and may we have a statement from the Secretary of State for Health about how we can improve the ratio?

[Chris Grayling]

I am sure my hon. Friend can send the good wishes of all parties for that immensely important work. I would add that when people in this country express any concern about its cosmopolitan nature, one reply that I give them is that some of the strongest elements of community are found in the minority and migrant communities. People in those communities do a really strong and important job for our society, and we should pay tribute to them for their work.

Business of the House

Debate between Lord Grayling and Richard Fuller

Thursday 10th September 2015 Commons Chamber

[Chris Grayling]

The House will have heard the hon. Gentleman’s comments, and I hope that Members will accede to his request. I am sorry that we had the confusion at the start of the week, but decisions about business are not normally taken before the end of Monday. I gather that he is looking to move the date of his meetings so that they coincide with the allocation of business for the following week. We will work with him carefully to ensure that we make the best use of the time that he and his Committee have at their disposal.

[Richard Fuller (Bedford) (Con)]

May we find time to recognise the accomplishments of Paula Radcliffe—not only her multiple accomplishments in athletics, but the inspiration that her dedication to her sport has provided to generations of athletes, and her courage in standing up against the current trend of media innuendo, leading to presumptions of guilt? Her inspiration and courage are why I, as the Member for Bedford, am proud that we have a stadium in our town that proudly carries her name.

[Chris Grayling]

My hon. Friend’s comments say it all. Paula Radcliffe was and is one of our great athletes. I share his concern about the fact that in this and other areas we as a society believe that media innuendo is a sign of guilt. That is a step in the wrong direction and one that we should reverse.

Business of the House

Debate between Lord Grayling and Richard Fuller

Thursday 18th June 2015 Commons Chamber

[Chris Grayling]

We will wait to receive the report along with everybody else. It is an independent report, and independent reports are submitted to Government when they are submitted to Government. As soon as we are able to give further information about it we will, but we are waiting in the same way that the hon. Gentleman is.

[Richard Fuller (Bedford) (Con)]

Further to the answer that my right hon. Friend gave last week to the question by my hon. Friend the Member for Harrow East (Bob Blackman) about legislation on caste discrimination, does my right hon. Friend agree that the issue is not so much whether discrimination legislation is unwanted as whether it is necessary? If we are to have a statement by the Minister for Women and Equalities, will she acknowledge in it the meetings that she has had with those affected by caste discrimination in this country and the representations that she has had from them?

[Chris Grayling]

These are of course sensitive issues. We are a society in which every individual should be treated equally and fairly, and the law should apply to all parts of our society in the same way. There will of course be opportunities to address Ministers the week after next, when we will have Women and Equalities questions and Communities and Local Government questions. Both colleagues who have raised the issue in the past week and a half should feel free to raise it with Ministers again on those occasions.

Oral Answers to Questions

Debate between Lord Grayling and Richard Fuller

Tuesday 19th March 2013 Commons Chamber

[Chris Grayling]

In April we will launch a justice data lab, which will allow all kinds of organisations involved in the issue to access data on reoffending so that they can be clear about the effectiveness of their work. We will do everything that we can to help them identify that impact in a way that encourages them in the role that they intend to play.

[Richard Fuller (Bedford) (Con)]

17. One consequence of payment by results is that it creates working capital problems for many charitable and voluntary organisations. Social impact finance is one solution to bridging that working capital gap. What conversations has the Secretary of State had with Big Society Capital and others about promoting social impact finance in that area?

[Chris Grayling]

I have met personally with representatives of Big Society Capital and other organisations in the social finance sector. I believe that this is an enormous opportunity for the sector, and I want it to be involved in the work that we are doing. Combining the skills of the voluntary sector with the social finance sector could play a powerful part in what we are trying to achieve.

Oral Answers to Questions

Debate between Lord Grayling and Richard Fuller

Monday 23rd April 2012 Commons Chamber

[Chris Grayling]

It is under different leadership in Northern Ireland, but let us be absolutely clear that someone who is undergoing treatment for cancer and is having chemotherapy and radiotherapy would, in almost all cases, be in a support group and be receiving long-term care. I do not know enough about the circumstances of the hon. Gentleman’s constituent to be exactly certain where she is in the course of her treatment, but one of the changes that we made on coming to office was to improve support for cancer patients, not to reduce it.

[Richard Fuller (Bedford) (Con)]

A constituent visited me during the weekend to express her concerns about her husband who is blind and who has been informed that he will lose ESA in five months. He is taking a course to enable himself to get back into work, but it will take longer than five months to complete. What additional support may be provided to people in his situation to enable them to get back into work?