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Speech in Commons Chamber - Tue 11 Feb 2020
Oral Answers to Questions

"Three years ago, at my first shadow Treasury questions from this Dispatch Box, I asked the Government about their plan to continue market access for financial services to EU countries after Brexit. Since that time, the Government’s ambitions have faded from the wide-ranging access-all-areas free trade deal that we were …..."
Jonathan Reynolds - View Speech

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Speech in Westminster Hall - Tue 04 Feb 2020
Lloyds, HBOS and the Cranston Review

"I am grateful, Mr Hollobone, for giving me the chance to respond to this debate. I thank the hon. Member for Thirsk and Malton (Kevin Hollinrake) for securing this debate and the all-party parliamentary group on fair business banking for all its efforts to secure justice for victims of banking …..."
Jonathan Reynolds - View Speech

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Speech in Westminster Hall - Tue 04 Feb 2020
Lloyds, HBOS and the Cranston Review

"I am grateful to the hon. Gentleman for his intervention. We must look at the issue that he raises. In some ways, we have already addressed some of the things that the Australians had not yet got round to, as the scope was different, but that must be part of …..."
Jonathan Reynolds - View Speech

View all Jonathan Reynolds (LAB - Stalybridge and Hyde) contributions to the debate on: Lloyds, HBOS and the Cranston Review
Speech in General Committees - Mon 03 Feb 2020
Draft Public Bodies (Abolition of Public Works Loan Commissioners) Order 2019

"It is always a pleasure to see you in the Chair, Mr Sharma, and it is nice to see the Minister in his place once again.

As the Minister has outlined, the draft order will make a change to the governance arrangements of the Public Works Loan Board. Abolishing the …..."
Jonathan Reynolds - View Speech

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Speech in Commons Chamber - Mon 03 Feb 2020
Netflix: Tax Affairs

"I am very impressed with the case that my right hon. Friend is making. Like her, I have had conversations with companies that claim that intellectual property means there has to be adjustments in national tax rates, but if, as she is saying, the sales in this country are registered …..."
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Written Question
Financial Services: EU Law
Wednesday 29th January 2020

Asked by: Jonathan Reynolds (Labour (Co-op) - Stalybridge and Hyde)

Question to the HM Treasury:

What plans the Government has to comply with provisions of the Markets in Financial Institutions Directive on broker dealers after the UK leaves the EU.

Answered by John Glen

We will leave the EU on 31 January with the same regulatory rulebook, including Markets in Financial Instruments Directive (MiFID) II regulations on broker dealers, as the EU27. We have brought MiFID II regulations into UK law. Firms will be expected to comply with these UK regulations after the Implementation Period.

The UK is committed to building a strong and mutually beneficial future relationship on Financial Services with the EU after we leave.

Written Question
Financial Services: Trade Agreements
Friday 24th January 2020

Asked by: Jonathan Reynolds (Labour (Co-op) - Stalybridge and Hyde)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether it is the Government's policy that the UK EU trade deal will include the financial services sector.

Answered by John Glen

Yes. The UK has always been clear that we are seeking a broad and stable future relationship with the EU in financial services.
Speech in Westminster Hall - Wed 22 Jan 2020
National Productivity

"It is a pleasure to see you in the Chair, Mr Paisley. I thank my hon. Friend the Member for Barnsley Central (Dan Jarvis) for securing the debate. He made an excellent contribution, as did the hon. Member for Strangford (Jim Shannon) and my hon. Friends the Members for Islwyn …..."
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Speech in Westminster Hall - Wed 22 Jan 2020
National Productivity

"I could not agree more. I am delighted to hear about new jobs being created in Manchester, but not that people are struggling to get to them.

My point about the state of infrastructure, and not just the short or medium-term performance of the franchise operators, is that, not that …..."
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Speech in Westminster Hall - Wed 22 Jan 2020
National Productivity

"In an interview with the Financial Times at the weekend, the Chancellor very ambitiously said he intends to double the trend rate of economic growth that we have seen since the Conservative party returned to power. What kind of improvement in productivity would the Minister like to see, and what …..."
Jonathan Reynolds - View Speech

View all Jonathan Reynolds (LAB - Stalybridge and Hyde) contributions to the debate on: National Productivity