Bim Afolami is a former MP for Hitchin and Harpenden.
Cyn Ceidwadwyr MP am Hitchin and Harpenden
Aeth i mewn i'r Tŷ'r Cyffredin ar 9 Mehefin 2017 — Etholiad cyffredinol
Gadawodd y Tŷ'r Cyffredin ar 30 Mai 2024 — Wedi'i ddiddymu ar gyfer etholiad
I recognise that many in the financial services sector have concerns about the Financial Conduct Authority’s (FCA) proposed changes to its approach to enforcement. This is why the Chancellor and I have been clear that we believe the FCA should reconsider its proposals, in light of responses to its consultation, and considering its new growth and competitiveness objective. The...
In recognition that cash continues to be used by millions of people across the UK, including those in vulnerable circumstances, the government legislated through the Financial Services and Markets Act 2023 to establish a new legislative framework to protect access to cash. This establishes the Financial Conduct Authority (FCA) as the lead regulator for access to cash and provides it with...
HM Treasury considers the issue of compensation for former Northern Rock shareholders to be settled. Both the Upper Tribunal in 2011 and the Court of Appeal in 2013 upheld the independent valuation of Northern Rock shares at nil value immediately prior to public ownership, and that no compensation was therefore due. HM Treasury does not intend to revisit this issue.
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