All 1 Nick Thomas-Symonds contributions to the Bank of England and Financial Services Act 2016

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Tue 19th Apr 2016
Bank of England and Financial Services Bill [Lords]
Commons Chamber

3rd reading: House of Commons & Report stage: House of Commons

Bank of England and Financial Services Bill [Lords] Debate

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Department: HM Treasury

Bank of England and Financial Services Bill [Lords]

Nick Thomas-Symonds Excerpts
3rd reading: House of Commons & Report stage: House of Commons
Tuesday 19th April 2016

(8 years, 8 months ago)

Commons Chamber
Read Full debate Bank of England and Financial Services Act 2016 Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Consideration of Bill Amendments as at 19 April 2016 - (19 Apr 2016)
Jonathan Edwards Portrait Jonathan Edwards
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I am delighted that we have reached this group as I feared that our consideration on Report would be concluded prematurely. I therefore have only a very short speech, but luckily this is rather a straightforward and uncomplicated matter. If I had known that I would have far more time than I assumed—a rare privilege in this place—I would have prepared a far lengthier speech, quoting extensively from the masterpiece “A History of Wales” by the late, great John Davies, or John Bwlchllan as he was known to his friends, and from “When was Wales?” by the great historian who was a member of the Labour party and of Plaid Cymru, Gwyn Alf Williams, who retired to Drefach Felindre in my constituency.

I am delighted that my amendments 4 and 5 are being supported by the Labour Front-Bench team. When I was eating my cornflakes in the hotel this morning, it was a nice surprise to receive an email from David Williamson, the Western Mail correspondent, citing a press notice by the shadow Secretary of State for Wales saying that she supported my proposal. Perhaps this is the start of a beautiful new relationship, although I fear that I might be doing my best to scupper those sorts of endeavours after the election. I aim to press amendment 4 to a Division, with your permission, Mr Deputy Speaker.

I have spoken on this issue before in the Chamber, but I will reiterate a few points that I made on Second Reading. The amendment deals with the historical anomaly that prohibits Wales from producing its own distinctive banknotes. Both Scotland and Northern Ireland are allowed to do so, and so to celebrate their respective national figures and landmarks.

Nick Thomas-Symonds Portrait Nick Thomas-Symonds (Torfaen) (Lab)
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The hon. Gentleman talks about our historical position, so does he support my view that my predecessor but one in what was then the constituency of Pontypool, Leo Abse, made probably the greatest contribution in the 20th century as a Back Bencher to changing people’s lives, and therefore would be a fine candidate to go on such banknotes?

Jonathan Edwards Portrait Jonathan Edwards
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I thank the hon. Gentleman for that intervention. When I realised that I would be able to make this speech, I feared that there would be a lot of interventions along those lines. I will be citing some notable names during my speech, but that is not a matter for politicians to determine.