Oral Answers to Questions

Debate between John Glen and Lord Cryer

Tuesday 20th June 2023 Commons Chamber

[John Glen]

Those points demonstrate how serious and extensive the Government’s actions are, but I recognise that sometimes unfortunate situations arise and I am happy to look at that case and take it back to the Office of Financial Sanctions Implementation.

[John Cryer (Leyton and Wanstead) (Lab)]

To pursue the issue of proxies raised by my hon. Friend the Member for Luton South (Rachel Hopkins), am I right in thinking that the Minister said a few minutes ago that he was prepared to examine the possibility of taking action against proxies and those persons of interest who use proxies?

[John Glen]

What I would say is that the Government are committed to an ever-tighter grip on illicit finance and those individuals close to Putin who make a material contribution to his regime. Obviously, I will not commit on the Floor of the House to individual extensions to what we have already done, but I have set out the range of sanctions regimes that exist across multiple Departments of Government and I am happy to receive representations on whatever case the hon. Member wishes to bring to me.

Oral Answers to Questions

Debate between John Glen and Lord Cryer

Tuesday 5th March 2019 Commons Chamber

[John Cryer (Leyton and Wanstead) (Lab)]

Personal debt is now higher than it has ever been in British history. Household debt is now also higher than it has ever been and has increased by nearly £1,000 in the past year alone. How sustainable is that?

[John Glen]

That is why the Government are concerned that the establishment of a single financial guidance body should happen quickly this year. Some £56 million is spent on debt advice to 530,000 people. This is an area I take very seriously, and I will be going to the credit union conference on Saturday to outline some more policy initiatives.

Oral Answers to Questions

Debate between John Glen and Lord Cryer

Tuesday 22nd May 2018 Commons Chamber

[The Economic Secretary to the Treasury (John Glen)]

Lenders are not restricted from extending mortgages beyond the age of 75, as long as the consumer can demonstrate affordability. Several lenders are currently looking into this issue. There is considerable merit in interest-only retirement mortgages.

[John Cryer (Leyton and Wanstead) (Lab)]

What action are the Government taking to tackle payroll and umbrella companies, some of which—not all—are used to perpetuate bogus self-employment and undermine terms and conditions?