Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
General Press Cycle
The Access to Banking Services (Protections) Act 1992 will receive Labour's support when it goes to division. But it confirms what I've already said: that this Chancellor is too concerned with tinkering with the failures of the past than fixing Britain in the present or preparing it for the future. The British people do not deserve to be treated like guinea pigs in a technocratic experiment, but deserve to have someone who will fight for their jobs, incomes and livelihoods from day one.

Even the Chancellor has admitted mutuals can deliver efficiency for their communities instead of for shareholders. Yet this government oversaw decline in so many communities when they ripped out mutuals and building societies and replaced them with multinational banks who work instead for shareholders who are often more interested in profit than in Britain, its values or its communities. The Chancellor's bill is a start, but with a focus on reinvigorating mutuals and building societies, he can nip this issue in the bud so that Britain can move forwards and deliver for people, communities and businesses.
Deputy Leader of the Labour Party
Shadow Chancellor
Labour MP for Liverpool West Derby

Issue champion (The Hillsborough Disaster)
Party Favourite 
Parliamentary Star
Reply
Tinkering with the free market is always a risky business and one, I believe, the government should be extremely averse to. In the Access to Banking Services Act, the government is seeking to tinker with the banking sector's agility when it comes to meeting the multiple demands of a high-stakes sector. This is tremendously worrisome, given the degree to which our national economy is dependent on a thriving financial industry. The question we must ask ourselves is not how to make it more difficult for banks to adapt to a changing demography, but how to make it easier for them to keep struggling branches open. I hope, therefore, that this bill is a stop-gap measure to prevent irreversible decay to local, rural communities while the government works to put in place a full, permanent programme to assist struggling branches to maintain their community presence.
G.B. Rutledge
Member of Parliament for Hampshire East
Conservative and Unionist Party
No Turning Back Group
President of the Selsdon Group
Reply
Moments ago I announced to the House that the Government will be taking action to introduce a number of once native species back into the United Kingdom. The reintroduction of the lynx, the sturgeon, and the white tailed eagle will provide massive ecological and economic benefit to Britain. Most importantly, their reintroduction will make meaningful progress towards the Government's goal of restoring our national pride as a country steeped in natural beauty and diverse wildlife.
Reply
*After having been on a little press tour with Griff, pulling pints, wearing hard hats and safety equipment and all the like.*

It was a pleasure visiting businesses big and small, of all different sectors, across the country in the prior weeks and listening to their concerns both with the business and economic situation at home and where they felt there had been a disconnect between Labour as a party and business.

For too long, we’ve been told we have to play tug of war with Labour and workers on one side and the Tories and businesses on the other: that businesses and workers only have competing interests and one of them must win out. For too long, that’s led to workers losing out and having worse pay and conditions as a result. But this combative narrative does no good for businesses or for our economy either.

But we know a collaborative approach can grow the economy for our public services, strengthen wages and create more jobs. It’s a positive cycle, but we have to be clear it requires us to all work together and chip in.

I look forward to elaborating Labour’s policy offer for businesses, where we’ve listened, where we’ve changed, and how we intend to maintain a strong dialogue in the coming days.
Deputy Leader of the Labour Party
Shadow Chancellor
Labour MP for Liverpool West Derby

Issue champion (The Hillsborough Disaster)
Party Favourite 
Parliamentary Star
Reply
I hereby announce the creation of the cross-party Ruth Murphy Appreciation Group of which I'm the inaugural chairman. We invited Dan, but he was unable to join us.
G.B. Rutledge
Member of Parliament for Hampshire East
Conservative and Unionist Party
No Turning Back Group
President of the Selsdon Group
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)