Financial Services and Markets Bill

Debate between Tulip Siddiq and Nigel Evans

Report stage
Wednesday 7th December 2022 Commons Chamber

[Mr Deputy Speaker (Mr Nigel Evans)]

I am getting no indication that the Minister wants to comment on that, but the fact is that the Speaker has said time and again that he deprecates statements that should be made to the House first being made elsewhere, and I am sure the Minister will take that on board.

I call the shadow Minister.

[Tulip Siddiq (Hampstead and Kilburn) (Lab)]

The Opposition support the Bill, particularly the new secondary objectives for regulators on international competitiveness and long-term growth. It is a welcome first step in supporting the City to take advantage of opportunities outside the EU, such as creating a welcoming environment for new financial technologies and incentivising financial services to increase investments in domestic industries through reform of solvency II.

We were delighted when, after much pressure from the Labour party, the Minister decided to drop his dangerous policy of the intervention power. Despite repeated warnings from the Bank of England, business and the Labour party that he should not be putting the UK’s international competitiveness at risk by threatening our system of regulatory independence, the current Minister pushed on and told me it was a good thing. In my eyeline, I can see the hon. Member for North East Bedfordshire (Richard Fuller), who, when he was the Economic Secretary to the Treasury, said to me on Second Reading that it was right for Ministers to be able to intervene in such a way.

Nationality and Borders Bill

Debate between Tulip Siddiq and Nigel Evans

Report stage
Tuesday 7th December 2021 Commons Chamber

[Mr Deputy Speaker (Mr Nigel Evans)]

Order. I am afraid that we have run out of time. The allotted time allows two interventions, and we have had those, so I am afraid that that is it.

[Tulip Siddiq (Hampstead and Kilburn) (Lab)]

I am grateful for the opportunity to speak in the debate. I have just welcomed Little Amal to Parliament Square. Little Amal is the 3.5-metre puppet which has travelled 8,000 km across the world to raise the plight of refugees and support them. However, I did not rise to speak about refugees. I want to speak about clause 9, which has been mentioned several times during the debate.

I know that these powers to strip people of their citizenship are not new powers. I do not need a lecture about what has happened in the past, and which Government introduced it. What worries me is that the legislation that is being introduced now is making the powers more draconian. Since 2019, we have seen the Government justify the deprivation of citizenship of people who do not possess dual nationality, who were born in this country, and who have not set foot in the country to which they are being returned. The Secretary of State simply referred to “reasonable grounds to believe” that an individual would be eligible for foreign citizenship; that was not even confirmed.

--- Later in debate ---

[Tulip Siddiq]

I thank my hon. Friend for her intervention. I was born and raised in this country. I do not even need to mention the colour of my skin. I am here representing people who are genuinely worried about the powers in the Bill and how their lives will be impacted as we move forward. I would just say, without taking up too much time, that people in this House should consider that the powers we have in this House will have a severe impact on people who are non-white, are law-abiding British citizens, make up the fabric of our community, do everything right and now feel that they are being penalised.

[Mr Deputy Speaker (Mr Nigel Evans)]

I know that emotions are running high on both sides, but Members on both sides should try to take the heat out of this. I have heard shouting on both sides and it is really not helping the debate.

Black History Month

Debate between Tulip Siddiq and Nigel Evans

Tuesday 20th October 2020 Commons Chamber

[Tulip Siddiq]

I will say this gently, because I like the hon. Member. I have a lot of time for him, and he has been making a gentle argument. Is there not a difference between young Asian girls and young black boys who have our backgrounds and our parental role models—I say “our” because I had a middle-class, privileged background as well—and the young black men and young Asian women growing up in the council estate in Kilburn in my constituency, who are constantly stopped and searched? Is racism not about intersectionality? We came from different backgrounds and had different advantages, and it is just not the same for everyone.

I am very open about the privilege and opportunities that I had growing up, which is why I want to make life better for those who have not had those opportunities. There is a big difference between being a middle-class Asian woman and being working-class, growing up in poverty and facing double discrimination. Intersectionality is what I am trying to bring to the argument, because I feel like the hon. Member is completely missing the point. My point about Eton is—

[Mr Deputy Speaker (Mr Nigel Evans)]

Order. Interventions should be short. I did remind the House about the length of speeches, and we are in danger of a time limit being imposed if we are not careful.