Oral Answers to Questions

Debate between Glyn Davies and Mark Hoban

Monday 11th March 2013 Commons Chamber

[Glyn Davies (Montgomeryshire) (Con)]

T7. Last week we discussed in the House the treatment of women across the world. To deliver equality and fairness of treatment in the United Kingdom, we must ensure equal access to work and remuneration. Does my hon. Friend agree that it is important to make a continuing assessment of the number of women in work?

[Mr Hoban]

My hon. Friend will celebrate, as I did on international women’s day, the fact that there are record numbers of women in work and that the number of women unemployed has fallen by 29,000 over the past year. We need to do more to get women in work, and universal credit will help, but it is important also to celebrate the flexibility of the labour market, which enables more and more people to work part time to meet their responsibilities.

Oral Answers to Questions

Debate between Glyn Davies and Mark Hoban

Tuesday 21st June 2011 Commons Chamber

[Glyn Davies (Montgomeryshire) (Con)]

19. What steps he is taking to reform the regulation of banks and financial institutions.

[The Financial Secretary to the Treasury (Mr Mark Hoban)]

Last Thursday we published “A new approach to financial regulation: the blueprint for reform”, which sets out the Government’s proposals to reform financial regulation in the UK.

[Glyn Davies]

With a permanent annual levy worth £2.5 billion, tough rules on bonuses, a new deal on lending and regulatory responsibility returned to the Bank of England and handed to a new Financial Conduct Authority, is not the coalition making good progress in creating a sustainable banking system?

[Mr Hoban]

My hon. Friend is absolutely right that we have made significant progress over the past year in getting the financial regulatory system back in good shape. Of course, the Opposition should remember that it was the shadow Chancellor who spent his time in office trumpeting the value of light-touch regulation across the world.