Business of the House

Stephen Hammond Excerpts

Thursday 20th October 2016 Commons Chamber

[Mr Lidington]

As I have said, there will be a debate on Concentrix in Opposition time next week. On the constituency case, if the hon. Gentleman wants to get the details to me later today, I will send them straight to the Financial Secretary.

[Stephen Hammond (Wimbledon) (Con)]

The UK financial services sector employs 2 million people and is our largest exporter and our largest generator of tax revenue. Will the Leader of the House find time for a debate in this Chamber on the industry’s importance to the UK economy and, indeed, to the Government’s framework for transitional arrangements, so that we can thrive post-Brexit?

[Mr Lidington]

This may be something my hon. Friend is able to raise in the forthcoming debate on industrial strategy, but I am happy to join him in recognising the importance of the sector to the UK economy. I am sure that there will be opportunities, whether under business arising through the Department for Exiting the European Union or through the Department for Business, Energy and Industrial Strategy, to reinforce the importance of the message he has given the House.