Emma Reynolds

Emma Reynolds

Labour — Wycombe

Speaking in the House of Commons on 24 April 2025

Debate

Bank Resolution (Recapitalisation) Bill [Lords]

Contribution

We have not come to that yet; my hon. Friend can intervene on Third Reading. [Laughter.] Taking what I was saying into account, although the Government appreciate the point raised by the sector and by the shadow Minister, we do not believe it is necessary to hardwire in legislation a requirement to update the code of practice on this matter. I understand, however, that the mutual sector feels strongly about this issue, and my officials and I will continue to engage with the sector on it. I commend to the House our position on the new clauses and amendments, which is to resist them.

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