Building Safety

Debate between Stephen Hammond and Michael Gove

Monday 10th January 2022 Commons Chamber

[Michael Gove]

I rely on the right hon. Gentleman’s description of the building, but we will talk to Barratt or whoever is the ultimate owner in order to ensure that they live up to their responsibilities, and there are steps that we can take. We will outline what they are when we bring forward appropriate amendments. We will make sure that we test those amendments with him and others to ensure that they meet the need that he has correctly identified. There is still a little bit of legal work to be done to ensure that the amendments are as robust as possible.

[Stephen Hammond (Wimbledon) (Con)]

I warmly welcome my right hon. Friend’s statement and the work that the Minister has done as well. I hope it will bring resolution to people in blocks of flats in Plough Lane in the centre of Wimbledon and in Chorus properties. Can my right hon. Friend confirm that he will expect and, if necessary, require lenders to base their lending decisions in future on the new risk mechanism, because clearly distress has been caused by people being trapped in their houses?

[Michael Gove]

My hon. Friend is absolutely spot on and that is what we will seek to do.

EU Exit: End of Transition Period

Debate between Stephen Hammond and Michael Gove

Wednesday 23rd September 2020 Commons Chamber

[Michael Gove]

I have not met anyone in that position. The truth is, of course, that we left on 31 January. Increasingly, I find lots of people in Scotland who, the more they look at the position of the Scottish National party and the Scottish Government, are becoming yes-to-no voters—that is the growing trend.

[Stephen Hammond (Wimbledon) (Con)]

I welcome my right hon. Friend’s statement. He will know that there are two important industries in the UK that begin with the letter F: one contributes £1.4 billion to the UK economy; the other contributes £132 billion and employs more than a million people. In his July statement, my right hon. Friend committed the UK to upholding international norms so that there is a free flow of capital and efficient markets. Is he convinced that he can still deliver those international norms so that there is delegation? Is he convinced that there will be equivalence for UK financial services in July 2021?

[Michael Gove]

I am confident of that. One thing about equivalence is that it is what is called an autonomous process in the EU. To be very fair to the EU, since the Prime Minister drew attention to the slow progress of some of those autonomous processes, it has meant an acceleration, so I am confident, yes.

European Union: Future Relationship

Debate between Stephen Hammond and Michael Gove

Thursday 27th February 2020 Commons Chamber

[Michael Gove]

We are respecting the referendum result. In 2014, the people of Scotland voted to remain in the United Kingdom. This is a settled decision that, sadly, the Scottish Government seek to unpick to the detriment of all. After Scotland voted to be in the United Kingdom, the United Kingdom, whole and entire, voted to leave the European Union, and we are working to ensure that that democratic decision works in the interests of all.

[Stephen Hammond (Wimbledon) (Con)]

I welcome my right hon. Friend’s statement. The UK’s economy is primarily service based, and while I hear that taking back our borders means a separate treaty for fishing, which many people in coastal communities will welcome, many of my constituents are in financial services and probably represent more people than are employed by fishing in the entire UK. We have talked about taking back control of our money, so why not have a separate treaty for financial services? If not—I have heard his comments on equivalence—will he set out the Government’s position on equivalence when it comes to the derivation period?

[Michael Gove]

As my hon. Friend makes clear, financial services matter not just in Wimbledon, but across the United Kingdom, which is why, as stated in the document published today, we wish to conclude an agreement that will make provision for financial stability, market integrity and investor and consumer protection for financial services. We also want to secure mutual recognition of professional qualifications to ensure that everyone in our service sector can continue to have access to opportunities in every market in which they currently work.