MP Expense Claim
Stephen Hammond (Conservative - Wimbledon)

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MP Expense Claim
Stephen Hammond (Conservative - Wimbledon)

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Division Vote (Commons)
24 May 2024 - Tribunal and Inquiries - View Vote Context
Stephen Hammond (Con) voted Aye - in line with the party majority and in line with the House
One of 131 Conservative Aye votes vs 0 Conservative No votes
Vote Tally: Ayes - 135 Noes - 10

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Speech in Commons Chamber - Fri 24 May 2024
Valedictory Debate

"Madam Deputy Speaker, thank you so much for allowing me the honour of speaking this afternoon. I start by thanking you, and your fellow Deputy Speaker, for all your service to this House. May I also thank Mr Speaker for the kindness that he has shown me over so many …..."
Stephen Hammond - View Speech

View all Stephen Hammond (Con - Wimbledon) contributions to the debate on: Valedictory Debate

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Speech in Commons Chamber - Fri 24 May 2024
Valedictory Debate

"May I gently advise the deputy Chief Whip of that when he is thinking about future Government appointments? Jay Crush, Miles Jordan and Louise Stevens have also worked with me and put in extraordinary efforts.

As ever, my biggest thanks, like those of so many here, are to my family: …..."
Stephen Hammond - View Speech

View all Stephen Hammond (Con - Wimbledon) contributions to the debate on: Valedictory Debate

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Speech in Commons Chamber - Fri 24 May 2024
Valedictory Debate

"Yes, our productivity went down...."
Stephen Hammond - View Speech

View all Stephen Hammond (Con - Wimbledon) contributions to the debate on: Valedictory Debate

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Written Question

Financial Conduct Authority

Friday 24th May 2024

Asked by: Stephen Hammond (Conservative - Wimbledon)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of the Financial Conduct Authority's (FCA) proposals to publicly announce the names of firms and/or individuals at the commencement of enforcement investigations on the (a) commercial value of firms, (b) career prospects of individuals who are named and (c) overall competitiveness of the UK’s (i) financial and related professional services industries and (ii) wider economy; and if he will make an assessment of the compatibility of that proposal with the FCA’s secondary objective to consider international competitiveness and economic growth.

Answered by Bim Afolami

I recognise that many in the financial services sector have concerns about the Financial Conduct Authority’s (FCA) proposed changes to its approach to enforcement.

This is why the Chancellor and I have been clear that we believe the FCA should reconsider its proposals, in light of responses to its consultation, and considering its new growth and competitiveness objective. The competitiveness of the UK’s world-leading financial services sector is one of the Government’s top priorities.

The legislative framework provides for the FCA to be operationally independent from the government. The independence of the FCA is vital to its role. The Government respects this operational independence, but takes holding it to account very seriously.

The specific concerns you have raised are a matter for the FCA, as the operationally independent regulator. The FCA will respond to the Honourable Member by letter on this matter, and a copy of the letter will be placed in the Library of the House of Commons.

The purpose of any consultation is to allow the regulators to test their proposals and understand their potential impact. It is therefore appropriate to suggest that the FCA reconsider its proposals in light of the feedback received. The Government will continue to engage closely with stakeholders, and with the FCA as they consider next steps.

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Division Vote (Commons)
21 May 2024 - Digital Markets, Competition and Consumers Bill - View Vote Context
Stephen Hammond (Con) voted No - in line with the party majority and in line with the House
One of 259 Conservative No votes vs 0 Conservative Aye votes
Vote Tally: Ayes - 217 Noes - 268

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Division Vote (Commons)
21 May 2024 - High Speed Rail (Crewe - Manchester) Bill (Instruction) (No. 3) - View Vote Context
Stephen Hammond (Con) voted Aye - in line with the party majority and in line with the House
One of 222 Conservative Aye votes vs 5 Conservative No votes
Vote Tally: Ayes - 323 Noes - 7

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Division Vote (Commons)
15 May 2024 - Criminal Justice Bill - View Vote Context
Stephen Hammond (Con) voted No - in line with the party majority and in line with the House
One of 272 Conservative No votes vs 0 Conservative Aye votes
Vote Tally: Ayes - 167 Noes - 275

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