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Category: Speeches

  • March 19, 2012

    The Thames Tunnel

    Mr. Mark Field (Cities of London and Westminster) (Con): I am one of 144 Members of Parliament in the Thames Water area directly affected by the issue of the Thames tunnel, and I hope that both the Minister and Gavin Shuker will forgive me if I restrict my comments to the area that is close to my heart.
  • March 14, 2012

    Financial assistance for major works

    Mark made the following contributions to a debate on the construction of the Thames Tideway Tunnel, a new sewer project for London. Mr. Mark Field (Cities of London and Westminster) (Con): I appreciate that the right hon. Gentleman’s debate is not entirely abstract, but on amendment 5 how would the Government be able to judge financial assistance on the basis of that debt to equity ratio? Presumably, assistance will come in different tranches, so any group company’s activity might at various times fall on either side of any category that the right hon. Gentleman has in mind, and any assistance might be for a specific project in different tranches. Does he not feel that his amendment...
  • March 12, 2012

    Backbench Business Committee

    Mr. Mark Field (Cities of London and Westminster) (Con): This has been a passionate debate and I agreed with much of what my hon. Friend Mr Bone and Natascha Engel had to say. Perhaps they gave their case a little less credit by resorting to elements of hyperbole—indeed, there were hints of hysteria coming from Pete Wishart —but I agree fundamentally with what they said. This Executive, like every other Executive and—this is even sadder to see—shadow Executive, have an unhealthy tendency to meddle in matters that are best left to
  • February 27, 2012

    Olympics and Paralympics (Funding)

    Mark made the following contributions to a debate about the funding of the Olympics. Mr Mark Field (Cities of London and Westminster) (Con): One of the concerns, if not of many Members of the House, then of many people outside it, is that very little attention seems to have been paid at the beginning to how much this would all cost. Various figures were bandied around at that juncture, and £2.5 billion was suggested as the cost of the overall package. I accept that it is good that we have the games and that there is unity across....
  • February 9, 2012


    Mark Field (Cities of London & Westminster, Conservative) All too often, clubs in appalling financial difficulty grasp at the nearest straw like a drowning man. There may be only one individual who can save the club, but they may not pass the fit-and-proper-person test in a meaningful way. However, if the choice is that person or the club going bust, one understands why the former choice is made, albeit one that leads to other difficulties further down the line. ...
  • February 7, 2012

    Banking (Responsibility & Reform)

    Mark Field (Cities of London and Westminster, Conservative) We all appreciate that this banking crisis has gone on considerably longer than we envisaged. In 2008, we probably all thought that we would have divested ourselves of our huge stake in RBS and Lloyds Banking Group by now. I therefore fully support the idea of a structure for bonuses that would come into play only when we have divested ourselves of our stake in those two banks. However, I get the impression...
  • February 7, 2012

    Intellectual Property

    Mark Field (Cities of London and Westminster, Conservative) I congratulate Pete Wishart on securing this important debate. As Members will gather, these issues are close to his heart and, given his interests, perhaps his wallet. As for a parody of MP4, however, I fear that the world is not ready quite yet for a remake of “This is Spinal Tap”, but perhaps the hon. Gentleman has other ideas.
  • February 6, 2012

    Financial Services Bill

    Mark Field (Cities of London and Westminster, Conservative) To be frank, I still regard too much of this legislation as deficient, and I shall touch on some specific concerns, but it would be remiss not to give the Treasury significant credit for some of the work it has done. The extensive and broadly constructive pre-legislative consultation by the Joint Committee is a positive step. The outstanding and ongoing contribution
  • February 1, 2012

    Benefit Cap

    Mark made the following contributions to a debate on the benefit cap.Mr. Mark Field (Cities of London and Westminster) (Con): I agree with where the Minister is coming from, but he should not doubt the sincerity of many London Members, particularly those of us who represent inner-London seats. We have deep concerns that some of our local residents will have to move. They will not be made homeless—I agree with him that we should not exaggerate—but they will have to move to other parts of London or the UK....
  • February 1, 2012

    UK Relations with the EU & the Coalition in 2012

    Mark made the following speech at a breakfast meeting on UK relations with the EU and the Coalition in 2012: Now one-twelfth of the ‘New’ Year is already behind us, but the Eurozone saga continues unabated. I have frequently observed that it is a victory for politics over economics, but it also reflects a victory for sheer human nature. Too often when we are confronted with painful choices, we as humans default into denial. Perhaps politicians across our continent are not such a bizarre breed or law unto themselves as we all thought!