"What is the right hon. Gentleman’s view on an expanding, ever more complex set of measures obscuring good supervision and prudential management of the financial services sector? To what extent would he welcome any efforts—whether cross-party or by the Government—to simplify regulatory standards while also ensuring that they continue to …..." Bim Afolami - View Speech
"I am reminded of something that Lyndon Johnson, who is a bit of a political hero of mine, said at some point in the 1960s when he was talking about speeches on economics and finance. I hope I do not test your indulgence too much, Mr Deputy Speaker, because he …..." Bim Afolami - View Speech
"I welcome the Chancellor’s statement, which foreshadows a huge increase in powers for the Financial Conduct Authority and a huge increase in the amount of legislation and regulations that will come through this House. What thought has the Chancellor given to establishing a specialist financial services Select Committee of this …..." Bim Afolami - View Speech
"It is a pleasure to speak in this debate and to follow many other hon. Members. We have talked a little bit about black history—that is appropriate, as it is, indeed, Black History Month—and I would like to echo some of the things that have been said so far. We …..." Bim Afolami - View Speech
"I thank the Minister for her intervention. It is interesting because I have three boys—they are mixed race boys—and my wife told me something recently. I do not know whether I am meant to announce this in the Chamber, but why not? [Interruption.] Yes, I should be careful. She remarked …..." Bim Afolami - View Speech
"No, no. My broader point is that it is very important that we do not allow the teaching and interpretation of our necessarily complex and diverse, yet brilliant and great British history to become very ideologically divisive. I would therefore reject comments from those who say that somehow we need …..." Bim Afolami - View Speech
"I will continue. What we actually need to do is to look forward, understand our past, understand where we have failed and understand that we have made progress, but accept that there is much further to go.
"I was trying to be so nice to the hon. Lady. I do not know why she is carping from a sedentary position, but I will continue. Two words have come up quite a lot in the debate. I would like to address them, and I address them as a …..." Bim Afolami - View Speech
"Okay; let’s address this. The hon. Lady shouts from a sedentary position, “That’s what they teach at Eton.” First, I am not sure that they did, but regardless of that point, yes, I went to Eton College. It is a good school. I am proud of being able to go …..." Bim Afolami - View Speech
"Thank you, Mr Deputy Speaker. I like the hon. Lady as well. What she says has a huge amount of truth. Of course there is a difference between people of different backgrounds, and it is in that diversity that we find strength as a country. I accept that I have …..." Bim Afolami - View Speech