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Speech in Commons Chamber - Mon 30 Sep 2019
No-deal Brexit: Short Positions against the Pound

"As deputy general secretary of the old Transport and General Workers Union and then Unite, I led the battle against the Kraft takeover of Cadbury. A successful and profitable British icon was taken over by a debt-laden American multinational because the hedge funds bought 31% of the shares and sold …..."
Jack Dromey - View Speech

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Speech in Commons Chamber - Wed 19 Jun 2019
Breathing Space Scheme

"Debt ruins lives. Debt harms health. Debt damages relationship. Debt holds back children. In extreme circumstances, debt kills. When the Financial Guidance and Claims Act 2018—it established the Money and Pensions Service—was being taken through the House, the Government made a commitment to move on a breathing space scheme. Today’s …..."
Jack Dromey - View Speech

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Speech in Westminster Hall - Wed 10 Apr 2019
British Steel Pension Scheme: Transfers

"It is a pleasure to serve under your chairmanship, Mr Howarth. First, I congratulate my hon. Friend the Member for Blaenau Gwent (Nick Smith) on securing the debate. I praise my hon. Friend the Member for Aberavon (Stephen Kinnock), who has played a major role in the drive for justice …..."
Jack Dromey - View Speech

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Speech in Westminster Hall - Wed 10 Apr 2019
British Steel Pension Scheme: Transfers

"My hon. Friend makes a powerful point. In the debate over the last 12 or 18 months, we have called that the progressive default option. There is no question but that it has enormous merits and it would be helpful if the Minister were to comment on it in his …..."
Jack Dromey - View Speech

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Speech in Westminster Hall - Wed 10 Apr 2019
British Steel Pension Scheme: Transfers

"That is helpful, but in the case of British Steel, I think it would send absolutely the right message to the workers concerned if the Minister said today that a sense of urgency is needed on the part of the FCA and the South Wales police about investigating potential criminal …..."
Jack Dromey - View Speech

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Speech in Commons Chamber - Tue 24 Jul 2018
Public Sector Pay

"Past announcements on school budgets have unravelled within days, so is the Chief Secretary guaranteeing that every single penny to fund the teachers’ pay increase will come out of central budgets, with not one single penny falling on school budgets? Does the Chief Secretary accept that this does not change …..."
Jack Dromey - View Speech

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Speech in Commons Chamber - Tue 24 Apr 2018
Financial Guidance and Claims Bill [Lords]

"I wish to address the issues of pensions cold calling in new clause 9, wider cold calling in amendments 8 and 9, and the duty of care in new clause 6.

Let me start by saying what this Bill is about. In Committee, we heard the story of the Port …..."

Jack Dromey - View Speech

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Speech in Commons Chamber - Tue 24 Apr 2018
Financial Guidance and Claims Bill [Lords]

"My hon. Friend is absolutely right. When a reputable company such as Jet2 makes the point that the consequence of this practice might be price increases and a reluctance among some hoteliers to enter into agreements, it is clear that innocent holidaymakers will pay the price.

It is not just …..."

Jack Dromey - View Speech

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Speech in Commons Chamber - Tue 24 Apr 2018
Financial Guidance and Claims Bill [Lords]

"My hon. Friend is absolutely right. There are legal consequences for those who make unlawful claims, but there are also business consequences, which in this case knock on to the legal profession and its work. Looking at it from every angle, this is a menace that we need to bring …..."
Jack Dromey - View Speech

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Speech in Commons Chamber - Tue 24 Apr 2018
Financial Guidance and Claims Bill [Lords]

"In the spirit of being able to get on to the next group, we welcome the ban on pension cold calling. We have sought to extend that ban to all cold calling. If the Minister is prepared to have discussions at the next stages, and before the Bill concludes its …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Financial Guidance and Claims Bill [Lords]