argyrotsipi/train-dataset huggingface dataset:
Bankers’ Bonuses and the Banking Industry — House of Commons, 2015-02-25
Topic: Domestic Commerce
Brett Charles Anthony Elphicke (Conservative, Centre-right): The issue is not the extent of regulation, but the format of regulation and the fact that the previous Government took the Bank of England out of the picture. The one organisation that understands the prudential nature of risk management was pushed to one side. That, together with the failure to police risk, was at the heart of what went wrong with our banking system, so I completely reject the hon. Gentleman’s point The Opposition say, "Let’s have a bankers’ bonus tax, so we can raise some money." Yet again, we have heard that the Opposition want to spend it, this time on "a guaranteed paid starter job for young people who have been out of work for over a year" That is what they say today but that is the 12th time over that they have spent it; I hate to correct my hon. Friend the Member for Redcar (Ian Swales), who thought it was only the 10th time and had lost count. That is understandable, because previously the Opposition have spent this on: the youth jobs guarantee; reversing the VAT increase; more capital spending; reversing the child benefit savings; reversing tax credit savings; more money for the regional growth fund; cutting the deficit; turning empty shops into community centres; spending more on public services; building 25,000 new houses; and free child care. Now it is being spent on starter jobs for young people, but perhaps next week it might be spent on houses again—who knows? It just depends on the thing of the moment, does it not? That underlines the ludicrousness of the Opposition’s position: they simply cannot add up and cannot spend their various banking bonus tax ideas in any competent way at all Leaving that aside, the permanent bank levy introduced by this Government is expected to raise £2.9 billion in 2015-16 and then £2.8 billion each year thereafter. That is more than was raised by the one-off bonus tax introduced by the previous Government. I suspect what will happen is that the Labour party will end up with its madcap plans raising less money and the party then being in a quandary as to where to spend it, because it has committed it on multiple occasions. That goes to the heart of the massive contradictions of Labour policy making The one thing I want to touch on is the idea that we should have the European Union decide on the levels of pay, bonuses or indeed anything in this country. Let me gently remind the Opposition of a couple of things. First, we are an independent nation. Secondly, we have an independent currency—we are not part of the eurozone. I do not understand why the Opposition think it is a good idea to have the European Union tell us how to manage our banking system. We are competent enough as a country—goodness knows, we have run our own affairs for the past 1,000 years—to decide how we should organise our banking system, and pay, bonuses and bonus taxes in our banking system, without needing help from the European Union.
Bankers’ Bonuses and the Banking Industry — House of Commons, 2015-02-25
Topic: Domestic Commerce
Brett Charles Anthony Elphicke (Conservative, Centre-right): I hear what the hon. Lady is saying, but we are not in the euro. The only time that we would need some measure of control from the European Union is if we were in the euro. I simply do not accept the argument. Our objection to the European Union trying to tell us how to run our banking system and our bank bonuses is that we do not want to see pay rise and rocket in the banking system, which is what would happen—permanent fixed pay would rise. That is what we are most concerned about and why we have put up such resistance. There is also the principle that we can manage our own affairs in the City of London and in the financial services market, and we do not need any assistance from Brussels. I say shame on the Labour party for thinking that it is better to accept diktat from Brussels than decisions made in this Chamber.
Bankers’ Bonuses and the Banking Industry — House of Commons, 2015-02-25
Topic: Domestic Commerce
Priti Sushil Patel (Conservative, Centre-right): I thank all Members who have contributed to this debate, which has been quite wide-ranging; it even became a debate on the north-east region at one point. I commend my hon. Friends the Members for Hexham (Guy Opperman), for Redcar (Ian Swales), for Dover (Charlie Elphicke) and for Warrington South (David Mowat) for their speeches. I particularly commend my hon. Friend the Member for Hexham, who made a very thoughtful and considered speech about the changes made by the Government through the banking reforms. He also highlighted the role of challenger banks and his own commitment to that through his work locally. He is clearly a champion not just for his constituency and region but for challenger banks, and that is to be commended I think it is fair to say that we all agree that the banking scandals that have emerged in the past years have been disgraceful, and we have shown that consensus during this debate. They have, without a doubt, shaken public trust in a proud British banking history, and revealed pockets of rottenness at the heart of the banking system. The country is understandably angry about the reports of practices, behaviour and conduct that have become legendary in the banking scandals of recent years.
Bankers’ Bonuses and the Banking Industry — House of Commons, 2015-02-25
Topic: Other
John Simon Bercow (Conservative, Centre-right): I am grateful to the hon. Gentleman for his point of order and for his characteristic courtesy in giving me advance notice of its likely content. I understand his frustration. He has placed the facts on the record and I am informed that the Hansard record has also now been corrected. He correctly pointed out that he has received a comprehensive explanation, which he understands—also correctly—has been copied to me. That explanation, very properly, is comprehensive, and occupies a page and a half of A4. The House will be relieved to know that I do not intend to read it out, but suffice it to say that I believe confidence can be placed in it. Officials of this place put great importance on recording and publishing Divisions accurately, and I am informed that they will redouble their efforts to minimise such errors. The hon. Gentleman has properly drawn attention to this matter. He is also a reasonable man and I hope that he will accept that explanation. We will leave it there for now.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
John Simon Bercow (Conservative, Centre-right): I inform the House that I have selected the amendment in the name of the Prime Minister. A manuscript amendment to the Opposition motion on paid directorships and consultancies and hon. Members has been tabled by the hon. Member for Leyton and Wanstead (John Cryer) to add at the end of the motion the words, "or be paid trade union officials." As I have said, I have already selected the amendment in the name of the Prime Minister. Under Standing Order No. 31, when a Minister moves an amendment on an Opposition day, the question before the House is that the original words stand part of the question. It is on that motion that debate proceeds and, at the end, the House is invited to vote on it. If the Opposition motion is agreed to by the House, it becomes a resolution of the House. If the Opposition motion is disagreed to by the House, the Standing Order obliges the Chair to put forthwith the question on the amendment moved by a Minister. If that is agreed to, the Chair will declare the main question, as amended, to be agreed to The situation is, therefore, that once a Minister has moved an amendment to an Opposition motion on an Opposition day, it is not possible for a second amendment, whether manuscript or not, to the Opposition motion to be put to the House. Assuming that the Leader of the House will move his amendment, I cannot therefore select the manuscript amendment.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
John Simon Bercow (Conservative, Centre-right): I can confirm that if the Leader of the House were to decide not to move his amendment, it would be open to me to decide whether to select the manuscript amendment. That is indeed the factual position. We should now proceed with the debate.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
Philip Andrew Davies (Conservative, Centre-right): I just wondered on what basis the Leader of the Opposition thought he was an authority on being a world-leading constituency MP. He happens to be my mum’s MP and the MP for the area in which I was born and brought up. It happens to be the consensus of opinion there that he does not really care about Doncaster. He is hardly ever there. In fact, he is known locally as Ed Moribund. Why should those of us who work hard in our constituencies week in, week out take any lessons from the Leader of the Opposition on what it takes to be an effective constituency MP?
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
Gregory Barker (Conservative, Centre-right): On that point, I do not think anybody in this House is condoning the breach of rules that exist for a very clear purpose. However, if we are talking about being good parliamentarians and representing our constituents, how much time over the last week, or in any week this month, have the hon. Lady and her shadow Cabinet colleagues spent away from this place, neither in their constituency nor performing their parliamentary duties, but instead campaigning on behalf of the Labour party in the country? How much time are they spending doing that, rather than pursuing their parliamentary duties?
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
Andrew Theakstone Percy (Conservative, Centre-right): I have some sympathy with the motion, but why does it not cover somebody who earns £15,000 outside this place lecturing, while someone earning a lesser amount through a directorship is covered? It seems a little confusing to some of us.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
Conor Burns (Conservative, Centre-right): Will the hon. Lady confirm that it is the principle rather than the time that is important? She has spoken, as have others in recent days, about the time commitment for people who do things beyond their primary duties as elected Members of Parliament. Members of both Front-Bench teams, of course, spend an incredible amount of time on matters beyond their core responsibilities as constituency Members. Surely it is just the principle of earning outside that she is worried about.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Domestic Commerce
James Gerald Douglas Howarth (Conservative, Centre-right): Is the hon. Lady telling the House that there are two classes of outside interest: professionals, such as some of our colleagues who are doctors or dentists, who need to maintain their skills; and another set who are directors or consultants, who have nothing to offer the House and do not have skills that need to be maintained? If someone is in business and they need to maintain contact with industry it would be unlawful for them to carry on that business, thereby depriving the House of people with experience and preventing them from keeping their skills current.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
John Simon Bercow (Conservative, Centre-right): It is the responsibility of each individual Member to declare as appropriate. The obligation is no different in this debate from it would be in any other debate, and I assume that all hon. and right hon. Members are fully conscious of their responsibilities in this matter.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
William Hague (Conservative, Centre-right): I am coming to the details of the motion in a moment. Clearly, right hon. and hon. Members make their own judgments about that, on both sides of the House, and find it entirely possible to do the work of a Member of Parliament.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Domestic Commerce
William Hague (Conservative, Centre-right): Let me just develop this point. There are four very revealing points about the Opposition motion that I want to challenge. It is not a motion to ban second jobs—that would not be its effect—and it is not entirely clear what it would ban and what it would not ban. As one of my hon. Friends said, would it ban someone from being a partner of a professional firm? The motion does not mention that. Are lawyers, accountants and management consultants therefore in a different category, according to the Opposition? There is some discussion now taking place on the Opposition Front Bench about whether it would ban a partner of a professional firm, but there is no clarity here. The motion just asked us to make a decision. It is helpful when making a decision to know what is being put to the House. Does it ban someone from owning their own business? Are they banned from owning their own business if they are a director of that business, but not if they are not a director of that business? Have the Opposition thought that out? Does it mean—and this is an important question—that someone who sets up their own business, succeeds with it, creates jobs and contributes to the British economy is then to be barred from the House of Commons because they are a director of that business? That would be the effect. There are three-quarters of a million more businesses in this country after the past four years, and more of the people who created those businesses need to come into the House of Commons and not be discouraged from doing so. One suspects that, after a short examination, this motion shows as much understanding of business as the shadow Chancellor does on a bad night on "Newsnight".
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
William Hague (Conservative, Centre-right): Members will have different views about that. The views of the right hon. Member for Greenwich and Woolwich (Mr Raynsford) were given a few years ago when these matters were discussed. He was a Minister at the time. He said: "My interests do not adversely affect my ability to discharge my public responsibilities. On the contrary, I believe they help me to be a more effective MP precisely because they sustain my practical experience in the relevant fields." Members are entitled to hold that view, just as they are entitled to hold the view expressed by my hon. Friend.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
Conor Burns (Conservative, Centre-right): May I use this intervention to do what I probably should have done when I intervened on the hon. Member for Wallasey (Ms Eagle), which is to draw the House’s attention to my declarations in the register? My right hon. Friend has written a couple of very successful and enjoyable books while serving in this House. Does he feel that he was not serving his constituents during that period? He probably spent less of his spare time with his wife when he was writing those books, but continued to serve his constituents very well.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
John Simon Bercow (Conservative, Centre-right): Order. Sit down. The right hon. Gentleman is an experienced ex-Minister, and that was a very poor attempt at a point of order—it did not even begin to get into the category of a point of order. [Interruption.] Order. The right hon. Gentleman should not be wittering irrelevantly from a sedentary position. I have ruled on the matter, and I have done with clarity and accuracy. Those hon. Members can accept it, and that is the end of it.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
Anthony Brian Baldry (Conservative, Centre-right): Further to that point of order, Mr Speaker. I think that we all want to get this right. Very often in debate all that it has been necessary to say is, "I draw the House’s attention to my entry in the Register of Members’ Financial Interests." Just to be absolutely clear, I think that what you have said means that we will all have to recite into the record exactly what is in our entry in the register. If that is what you would like us to do when called to speak, I for one am happy to do it. It will take a little time, but I am very willing to do it in the interests of transparency.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
John Simon Bercow (Conservative, Centre-right): I am extremely grateful to the right hon. Gentleman for his point of order. The answer is very straightforward, and it is twofold: first, of course individual Members must take responsibility for what they say in this House when they rise to their feet; and secondly, very simply, the interest in question has to be sufficiently clear to be informative to the House in the context of the debate. It is a very straightforward point and I have now made it twice. I hope that it is clear to all right hon. and hon. Members.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
Jacob William Rees-Mogg (Conservative, Centre-right): Further to that point of order, Mr Speaker. It might be helpful to ask you about my understanding that it is not customary to explain points of one’s interests in interventions or supplementary questions; that is normally reserved for main speeches, the idea being that it advances the debate.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
John Simon Bercow (Conservative, Centre-right): The short answer is that the declaration should be made where it does not impede the progress of debate, and it should certainly not impair the decorum of the debate. [Interruption.] Order. Members can study the matter, which is treated of in some detail in "Erskine May". The House would be the first to complain, and rightly so, if I were to read out what is in "Erskine May". I do not do that. I do not need to do that. Members should apprise themselves of what is said in "Erskine May" on the matter and judge their actions accordingly, which I know the hon. Gentleman, in particular, is extremely adept at doing. I suggest that others could usefully follow his example.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
John Simon Bercow (Conservative, Centre-right): I am grateful to the hon. Gentleman. [Interruption.] Order. I hope that the House will understand that I cannot be expected to offer Members a tutorial on the matter. People would think it very odd if the Speaker were inclined to do so. [Interruption.] Order. If Members are uncertain and want my advice from the Chair—I do not think that the Leader of the House is in need of my advice on the matter—I say that it is probably better for them to err on the side of caution, and to reveal more rather than less is a very safe course of action. I think that treats of the gravamen of the point of order raised by the right hon. Member for Banbury (Sir Tony Baldry). I have sought to help the House, but I think that I can best help it now by enabling the Leader of the House to continue with his oration.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
Conor Burns (Conservative, Centre-right): Having known you for more than 20 years, I would not wish to find myself in the position of having to rise to my feet to apologise to you and to the House, so let me say that my entry in the register shows that I work nine hours a month for a construction and civil engineering company that I worked for prior to coming to this House. For the avoidance of doubt, that company does something that Opposition Front Benchers are doing now: digging holes.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Mixed Topics
William Hague (Conservative, Centre-right): I am discussing the motion and what it means or does not mean. It is difficult to speculate about what would happen or not happen in the future if we pass a motion, the meaning of which is not clear. In any case, the burden of the motion is one with which we disagree. It was not a joke about books. I was making, through a bit of humour, admittedly, a serious point: the Opposition do not know how they would apply a cap to somebody who writes a book, including a member of the shadow Cabinet, or to a farm One of my hon. Friends mentioned a farm. A distinguished Labour Prime Minister, Lord Callaghan, owned a farm. How is someone with a farm meant to restrict their income to a fixed percentage of their salary? Would Lord Callaghan have had to resign from the House every time there was a good harvest and then try to return to it when the crops failed?
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
William Hague (Conservative, Centre-right): The right hon. Gentleman is trying to make a distinction between different circumstances, as another Member did earlier, but that distinction is not made in the Opposition motion, and the debate is on the motion. That suggests that if he disagrees to some extent with the Opposition’s policy—
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
Anthony Brian Baldry (Conservative, Centre-right): On a point of order, Mr Speaker. It will take me five minutes to read out my entry in the Register of Members’ Financial Interests. [Laughter.] It is not fair: I must be given at least five minutes to make my speech.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
John Simon Bercow (Conservative, Centre-right): I did not say, nobody said and "Erskine May" does not state that a Member has to read out a list. I know that the right hon. Gentleman is trying to be helpful, not least to himself, but I did not say that; I said that an interest needs to be made clear to the House We need a time limit because I want to try to accommodate colleagues, the first of whom to contribute is Sir Alan Duncan.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Immigration
Alan James Carter Duncan (Conservative, Centre-right): I will come back to the hon. Lady. The original purpose of paying people was to ensure that nobody could not afford to come here. That concept has been inverted, so that the salary is the cap on what people can earn. That will stop people wanting to come here who could and should earn more because of what they know and what they might achieve This is an ultra-partisan motion. It is designed—let us be absolutely clear—to drive out of this House of Commons as many people on the Government side as possible, because people on the Opposition side think that we earn more and could be directors, and because fewer people on their side do such things. That is the fundamental purpose of the motion. It is partisan and designed to catch a headline for campaigning purposes I will give way one more time, and then say what should happen.
Members’ Paid Directorships and Consultancies — House of Commons, 2015-02-25
Topic: Other
Alan James Carter Duncan (Conservative, Centre-right): May I say to the hon. Gentleman, since this is an example of the low-level sparring from which we suffer, that the reason I did not declare an interest is that I have not got any?