Oral Answers to Questions

Debate between Robin Walker and Tom Brake

Thursday 27th April 2017 Commons Chamber

[Mr Walker]

We recognise the importance of regulatory oversight and mutual regulatory understanding as we move towards a comprehensive trade agreement with the European Union. One thing I have learned while doing this job is the huge respect in which UK regulators are held around the whole of Europe. I think we have some of the best financial regulators in the world.

[Tom Brake (Carshalton and Wallington) (LD)]

What assessment has the Minister been able to make of the loss of the European Banking Authority and the impact that it might have on the financial services sector?

[Mr Walker]

The future of European agencies is of course a subject for the negotiations to come, but I have no doubt that the UK will continue to be a global centre both for financial services and for leading the conversation about the regulation of financial services in the years to come.

Oral Answers to Questions

Debate between Robin Walker and Tom Brake

Thursday 9th March 2017 Commons Chamber

[Mr Walker]

As we have said, we have not made the final decisions about repatriation. That is something we will want to discuss with the devolved Administrations, as I think the Welsh Government have suggested. The Treasury has already made important guarantees that cover devolved Administrations as well as Government Departments.

[Tom Brake (Carshalton and Wallington) (LD)]

In devising plans for Brexit and involving the devolved Administrations, Ministers will have drawn on the advice of a large number of UK and foreign consultancy firms such as Accenture. The Press Association and others want to know how much this has cost. Will the Minister confirm the spend to date on the likes of Accenture, PwC, City legal firms and others in supporting the Government on Brexit?

[Mr Walker]

I am sure all that type of information will be disclosed in the usual way when the Department reports its accounts.

Oral Answers to Questions

Debate between Robin Walker and Tom Brake

Thursday 20th October 2016 Commons Chamber

[Mr Walker]

The Government are firmly committed to improving the UK’s air quality and cutting harmful emissions. That is why we have committed more than £2 billion since 2011 to increase the uptake of ultra-low emission vehicles, to support greener transport schemes and to set out a national plan to tackle pollution in our towns and cities.

[Tom Brake (Carshalton and Wallington) (LD)]

I have visited the Institute of Cancer Research. It wants to develop a London cancer hub, which I hope the Government will support, and, if that development happens, it expects to be able to develop two new cancer drugs in five years. One of its concerns is that 30% of its postgraduates come from the European Union. What guarantees can the Minister give that these essential London workers will be able to continue in post, and indeed that the institute will be able to recruit from the EU in the future?

[Mr Walker]

I refer the right hon. Gentleman to my earlier answer to the Chair of the Science and Technology Committee. We want to continue to attract the brightest and the best, and we will certainly make sure—I have already engaged with cancer charities and a wide range of voluntary organisations—that we take concerns into account as we have conversations with the Home Office and other Departments about the UK’s future immigration policy.