Speech in Commons Chamber - Wed 02 Jul 2014 Finance Bill
"I always find terms like “shortly” confusing. Is “shortly” in the next few weeks, in the next the few months or before the next general election? Perhaps, while not giving an exact date, my hon. Friend might hone it down a little finer than the very broad term “shortly.”..." James Duddridge - View Speech
"I find this issue rather exciting, although clearly the House does not, given how empty the Chamber is. The pension changes that the Government are bringing forward are absolutely essential and, I think, will transform the marketplace in the long term. However, I am concerned that the hon. Member for …..." James Duddridge - View Speech
"I think that the default position will be that an annuity is purchased, rather than a lump sum being withdrawn. I think the hon. Gentleman is saying that that is the more cautious route, but I am concerned that it is not the right route for some people. Taking out …..." James Duddridge - View Speech
"The Minister, as ever, will provide clarity, and I will ensure that he has plenty of time to do so.
We need to look at these changes in the round and consider other changes being made, particularly the individual savings account legislation that is going through. In the longer term, …..." James Duddridge - View Speech
"The annuities market was not working effectively in a number of ways, but, in relation to the lump sum, it did not work for a lot of our constituents if they rationally expected a very low life expectancy. If they had been diagnosed with a particular illness, the question of …..." James Duddridge - View Speech
"I agree that we should not put all the eggs in one basket, but we certainly should not put none in the internet basket. It is a very useful provision and, as public and domestic access to broadband improves throughout the islands, I think that use of the internet will …..." James Duddridge - View Speech
"I do not believe they are contradictory, because some people want to hand over that level of responsibility.
I know that other Members want to speak. I wanted to make a number of other points, but I will sit down and leave it at that in order to give the …..." James Duddridge - View Speech
"I sense from the mood of the House that the Opposition are thinking of opposing new clause 7. If they are, will my hon. Friend make it clear how many hard-working savers will be hit by not receiving this benefit?..." James Duddridge - View Speech
"I assure the hon. Lady that I do not do anything frantically. I have been searching. I think that it was on Google, but I am not very good at using this little hand-held box. HR magazine says, “Osborne’s shares for rights scheme could help SMEs”. I do not know …..." James Duddridge - View Speech