Draft Financial Services Bill (Joint Committee)

John Bercow Excerpts

Monday 18th July 2011 Commons Chamber

[Thomas Docherty]

I will shortly move on to the thrust of my argument and come to the issue of the complications or otherwise for the Committee. We do not seek to thwart the aspects of pre-legislative scrutiny, but we do object to the Government’s choice of one specific individual to sit on the Committee. As I said, this is one of the most important pieces of legislation we will have before us in this Session, and possibly in this Parliament. One point on which both sides of the House would genuinely agree is that over the past few years there was a failing in the scrutiny and regulation of the financial industry. We can argue about who was more to blame for that and about light-touch regulation, or lighter regulation still—[Interruption.] I hear the chuntering from various sedentary positions and, were I to stray too far into the previous Government’s financial regulation regime, I suspect that you, might pull me up on that Mr Speaker.

This is about probity. Ultimately, this comes down to whether or not somebody—I refer to the Standards and Privileges Committee’s report—who was found to have had a serious lack of judgement, who knowingly and wilfully misled the Fees Office and who took significant sums of money, as the report states, is in fact a fit and proper person to sit on a Committee that will scrutinise the new financial services regime. I do not intend to read out the whole report and will stick very closely to the subject of the—

[Mr Speaker]

Order. The hon. Gentleman will resume his seat. I must emphasise to him and to the House that this is not a debate on the right hon. Member for Yeovil (Mr Laws), and it certainly cannot be a rehashing, reworking or reiteration of the contents of a particular report. This is a debate on the establishment of a Joint Committee. Members are entitled to comment on whether they think the Committee should be established and, if they do not think that it should be or wish to amend its composition, to explain why. A general ad hominem attack on a particular individual is not the purpose of the debate and cannot become its substance. I know that the hon. Gentleman will speedily redirect his remarks in an entirely orderly way.

[Thomas Docherty]

I am grateful, Mr Speaker. Obviously I took some very senior counsel this afternoon from Officers of the House, as you are aware, on how to stay in bounds and perhaps go offside, to use the modern—

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[Mr Speaker]

Order. I say to the hon. Gentleman that, whatever senior counsel he sought and obtained, he can on this occasion make do with mine.

[Thomas Docherty]

I always have great respect for your counsel, Mr Speaker, and obviously do not seek a time when you might perhaps be advising other Parliaments in other parts of the country, or other parts of the world. [Interruption.]

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[Mr Speaker]

Order. The hon. Gentleman must not be led astray into a spontaneous panegyric to his hon. Friends. He must focus very much on the matter in hand, which is the Joint Committee on the draft Financial Services Bill—quite a narrow brief, albeit an important one.

[Thomas Docherty]

Obviously, Mr Speaker, the hon. Member for Cambridge (Dr Huppert) led me down a very tempting path, and I will do my best not to be drawn down it again.

The draft Bill is a phenomenally large document. I am sure that on your evenings off, Mr Speaker, when you are drinking a glass of mulled wine, you will have had a chance to flick through its contents. It is a wide-ranging Bill that seeks, rightly, radically to overhaul our financial services industry. It is therefore right that the individuals from both Houses who are tasked with providing the legislative scrutiny are properly scrutinised themselves, because we are placing a huge amount of trust in their hands. I suspect, Mr Speaker, that if I were to go too far into the issue of trust you would rightly pull me up for it.

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[Thomas Docherty]

rose—

[Mr Speaker]

Order. That is not a matter for debate in this Chamber tonight.

[Thomas Docherty]

I am most grateful, as ever, Mr Speaker, for your counsel. Of course, that is a debate for another time. As the Leader of the House is listening, perhaps we will have a discussion in future about the joint membership of the Committee and both Houses will be required to give their agreement, but that is not the issue before us today.

On no fewer than four occasions over the past seven days, the Government Whips have tried to slip this motion through literally on the nod at the end of the evening. On each occasion, an hon. Gentleman has objected. [Interruption.] It was an hon. Gentleman, as it was me and my hon. Friend the Member for Bassetlaw (John Mann). Unless the hon. Member for Cambridge knows something I do not, I am fairly confident that I can refer to myself and my hon. Friend as gentlemen.

On each of those occasions, a number of brief back-channel discussions took place between various members of the Treasury Bench—I will not name them, even if they are here—about what was going on. They are fully aware of what this has been about. It was entirely a matter for those on the Treasury Bench. If they did not wish to have this debate tonight, they could have approached us to see whether there was substance to our objection, but they chose not to do so. Indeed, one member of the Treasury Bench thought that we were objecting to our own Members.

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[Thomas Docherty]

I think that you will correct me, Mr Speaker, if in my youthful naivety I have misunderstood the system. The Committee of Selection considers names, and those are put forward to the House for its approval. I think—again, you will correct me, Mr Speaker, if I am not fully aware of the procedure as a naive new Member—that the House had an opportunity to vote on that.

[Mr Speaker]

Order. I simply say to the hon. Gentleman that I do not think the House requires a disquisition on his career trajectory, which resulted in his ultimate elevation to membership of the Procedure Committee. I am sure it is a matter of very great interest, but it can be kept for the long winter evenings.

[Thomas Docherty]

Perhaps over a glass of mulled wine, Mr Speaker. I was simply answering the question asked by the hon. Member for Portsmouth South, but my point is that my appointment was subject to a vote of the whole House, and it was approved. [Interruption.] I suspect that with my career trajectory going downwards, as hon. Members suggest, that would not necessarily happen again.

My hon. Friend the Member for Bassetlaw is entirely right to say that we need to modernise the procedure. It is unfortunate that Members are being detained, and I do not wish to detain the House any longer—[Hon. Members: “Hear, hear!”] I have never had so much support from the Government parties. All I would say is that it is entirely regrettable that, although the Government Whips may say otherwise, they were intransigent in not being prepared to have even a single formal conversation with Opposition Members to see whether a solution could be found. It is regrettable that Members are being kept from their mulled wine, so with that I will sit down with no further ado.

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[John Mann]

I shall give way in a minute.

There is an important point about who should be a Back Bencher and who should remain a Back Bencher, because within the House, some will always be fated to be Back Benchers, often at the behest of their party leader. In power, party leaders love to exercise the power to choose who will be in ministerial positions or sit on Committees and the rest. However, on occasion there is perhaps a democratic requirement that some people should choose to be Back Benchers, or be chosen to be Back Benchers, for the length of a Parliament. It can be quite cathartic, as a politician, to spend one’s time—

[Mr Speaker]

Order. This is not the occasion for the hon. Gentleman either to dilate or to rhapsodise about the merits of Back-Bench life. Anybody would think that he was seeking to imitate his hon. Friend the Member for Newport West (Paul Flynn), and to pen a book entitled, “How to be a Backbencher”. He is welcome to do that, but if he wishes to do so, he must do so outside the Chamber.

[John Mann]

I thank you, Mr Speaker, for redirecting me following my aberration after that intervention.

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The House proceeded to a Division.

[Mr Speaker]

I ask the Serjeant at Arms to investigate the delay in the No Lobby.

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[Simon Hughes (Bermondsey and Old Southwark) (LD)]

On a point of order, Mr Speaker. Is it usual or in order for Front-Bench Members to both shout and object on matters that are Back-Bench objections? I gather that the right hon. Member for Warley (Mr Spellar) and others may have objected in order to force the last vote, but it is my understanding that that is not the normal convention.

[Mr Speaker]

The issue is whether there is an objection. There are matters that some people, including the right hon. Gentleman, might deem unusual, and that may be so in terms of party combat, but that does not necessarily have an implication for the conduct of proceedings in Parliament or for the judgment of the Chair. That said, the right hon. Gentleman has put his point squarely on the record.

[Sir Peter Bottomley (Worthing West) (Con)]

Further to that point of order, Mr Speaker. Going one stage further as one of those Members who have, perhaps, been around for longer than we ought to have been, am I right in saying that there is a convention that votes follow voices, but that is not invariably the case?

[Mr Speaker]

It is not, but I strongly deprecate the suggestion that the hon. Gentleman has been around for longer than he ought to have been. [Interruption.] I am not wishing his untimely end, notwithstanding the sedentary dissent of the Patronage Secretary.

[John Mann]

As I was saying, equality is a fundamental issue in respect of Treasury matters. The make-up of this Committee reinforces and exemplifies an historical bias on equality that is a significant bar to effective decision making cross-party and over many generations. One only needs to look at the fact that Chancellors of the Exchequer have been male throughout the centuries. Therefore, in the modern era when all parties rightly, and with increasing success, are bringing women forward into Parliament, this Committee’s membership demonstrates an old-fashionedness and backdatedness that this House should not endorse tonight.

This gets to the nub of the gentleman’s club and the way in which decisions are being made and have been made. I suspect that no such discussions on equality took place as the names were put forward, and that, in fact, the different parties put forward their names in accordance with the usual time-honoured, historical tradition, and nobody then took an overview. I suspect that the bias against Scotland, Wales and Northern Ireland came about in exactly the same way.

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[Mr Bernard Jenkin (Harwich and North Essex) (Con)]

On a point of order, Mr Speaker. May I put it to you that the question of the allocation of powers to the other place is completely outside the scope of the motion?

[Mr Speaker]

I thank the hon. Gentleman for his point of order. I was listening intently and I was about to say, which I shall now do, that we are concerning ourselves in this debate with the establishment, composition and remit of the draft Financial Services Bill Joint Committee, upon which subject the hon. Member for Bassetlaw (John Mann) is tabling and, I think, speaking to an amendment relating to a narrow part of the matter—namely, a particular member of the Committee. A wider dilation about possible future transfers of power, which might haunt the hon. Gentleman, are not subject matter for this evening’s debate, to which I know he will now return.

[John Mann]

Thank you, Mr Speaker, for your advice. I seek your clarification on one important matter. It was my intention, as demonstrated by my previous remarks, to confine myself to one contribution, looking at the substantive motion as well as the amendment. I may be in error in so doing and may require a second speech. It was my intention to restrict myself to a single speech, and I seek your guidance in relation to that.

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[Mr Speaker]

The hon. Gentleman should proceed with his speech according to his own lights. It is not the normal practice of the Chair to conduct a running commentary on the speech of any hon. Member or to advise an hon. Member in advance of when he might inadvertently be about to slip beyond order. The hon. Gentleman can protect himself.

[John Mann]

Thank you, Mr Speaker, for that helpful guidance.

The final point that I wish to make in relation to the amendment is that the randomness of selection of an individual member to remove can have many motives and be for many reasons. This important proposal by the Government is fundamentally flawed in its make-up, as I have outlined, being English only and male only, with the Committee meeting as a priority during the summer and being a Joint Committee with the House of Lords.

The weakness of the usual channels, inspired by Government and the Government’s timetabling, has meant that we have not been able to have this debate without amendment. I therefore urge that in future when such matters are before the House, they should not be tabled to be nodded through at 10 pm with no debate or require objections from individual Members or groups of Members in order to stop that process, requiring an amendment to allow a debate both on the amendment and on the issues underlying the make-up of the Committee and the flawed and biased decision of Government in that regard. That is the Government’s responsibility. We as a House have a responsibility to hold the Government to account and to ensure that they do not get away with such sloppiness in their programming of legislation that they put legislation—

[Kelvin Hopkins]

I am rather disappointed that my hon. Friend seems to be coming to the end of his speech, which I am enjoying so much. Does he agree that there are far too many tight programme motions in the Chamber and that we should have more thorough debates to make sure that every point can be thoroughly discussed, as my hon. Friend is doing?

[Mr Speaker]

Order. That is a most interesting intervention, but sadly it has absolutely nothing to do with the establishment, composition or remit of the Joint Committee on the Draft Financial Services Bill.

[John Mann]

I shall therefore humbly ignore my hon. Friend’s intervention and conclude my remarks. As guardians of our democracy, albeit within the confines of the gentlemen’s club and the usual channels, and despite the weaknesses imposed upon us by the lack of modernisation, it is our responsibility and duty to expose flawed proposals, such as how the Government have unnaturally put together this unrepresentative and biased group without allowing us a debate that is timetabled in a proper and normal way. It is the Government’s responsibility to get that right, and I implore them to do so in future to save us having to object repeatedly at 10 o’clock at night to the flawed logic and bad politics that they have had to use—we all appreciate that it is a difficult time for the coalition—in order to try to hold these two ramshackle coalition partners together.