"Dental practices are at high risk of spreading coronavirus, yet there was nothing for them in the financial package on Tuesday, which means they have to stay open, with an increased risk of spreading coronavirus. Will the Government give assurances that they will cover fixed-price dental costs so that dentists …..." Bambos Charalambous - View Speech
"Uncharacteristically, I congratulate the Chancellor on his Budget: a Budget that admits the immoral failure of Tory austerity. The Tories’ decade of cuts has been savage, and, while I acknowledge that the Budget is a step in the right direction, it will not undo the damage done to our communities …..." Bambos Charalambous - View Speech
"10. What recent discussions he has had with the Secretary of State for Housing, Communities and Local Government on the adequacy of allocations of funding for local authorities. ..." Bambos Charalambous - View Speech
"For over 10 years, Enfield has been significantly underfunded, which has had a huge impact on the provision of local services. The proposed settlement goes nowhere near addressing the shortfall. Will the Minister meet me and the Enfield Borough Over 50s Forum to discuss Enfield’s needs?..." Bambos Charalambous - View Speech
"T3. My borough of Enfield has seven times more households living in temporary accommodation than the national average, with 18% of people in Enfield classed as being low paid. I have no doubt that the two figures are related so how can the Chancellor defend the Government’s record on in-work …..." Bambos Charalambous - View Speech
"T3. Schools in my constituency face severe budget pressures running into millions. By 2021, some schools will not be able to afford any teaching assistants, learning support assistants, office staff or site staff. Does the Chancellor realise the perilous state of schools’ finances, and will he announce adequate funding for …..." Bambos Charalambous - View Speech
"It is a pleasure to follow the hon. Member for Aberdeen North (Kirsty Blackman).
Not everyone appreciates the role that securitisation of loans and debts played in the financial crash of 2008, but it was a substantial role, with devastating consequences. To give some context, in the years prior to …..." Bambos Charalambous - View Speech
"It was both. It was the sub-prime lending and it was also the packaging of these products into securitisation with other, better products that were then triple A rated...." Bambos Charalambous - View Speech
"If done properly, there is benefit in securitisation, but it was not done properly in the United States, and therefore we need to take extra precautions now to ensure that it is done properly...." Bambos Charalambous - View Speech
"But if credit rating companies do not give the correct ratings, as happened in the United States, it all falls apart. I am happy to carry on the conversation with the hon. Gentleman in Strangers’ afterwards.
There was a big investment in mortgage-backed securities, with many financial institutions choosing to …..." Bambos Charalambous - View Speech