Andrea Leadsom is MP for South Northamptonshire.Follow Andrea on Twitter. The state of the economy means many people are nervous about the future. This is especially true of young adults. Not only could they be saddled with the huge public debt they did nothing to create, but also job prospects are tough, particularly for those […]
Andrea Leadsom is MP for South Northamptonshire. Earlier this week I attended the launch of Virgin Money, which has bought Northern Rock from the taxpayer. Its current accounts will go live next year and it targets doubling the number of current account customers within 5 years. This is a thoroughly welcome development. High street banking […]
Andrea Leadsom is MP for South Northamptonshire. Contrary to much of last week's media, the prime minister did not return from the latest EU summit in shame. As sensible Labour MPs like Kate Hoey made clear, there is nothing shameful about standing up for important British interests. And there is no doubt that, while it […]
Andrea Leadsom is the Member of Parliament for South Northamptonshire and a member of the Treasury Select Committee. Ahead of the crucial European Council meetings, I agree with the Prime Minister's statements that the primary needs are to reach agreement to restore stability in the Eurozone and to defend and promote the UK’s national interest. […]
Andrea Leadsom is MP for South Northamptonshire. Elected yesterday as joint Chairman of the new All-Party Parliamentary Group for European Reform she reviews yesterday's first meeting and its focus on repatriating social policies.Follow Andrea on Twitter. At a time of existential crisis in the Eurozone, it may seem harsh to some that a new All […]
Andrea Leadsom is MP for South Northamptonshire and a member of the Treasury Select Committee. Follow Andrea on Twitter. The Eurozone crisis seems to be reaching the beginning of the end phase….for too long we’ve limped on with this pretence from European leaders that Greece can somehow survive intact. The reality is that Greece is […]
Andrea Leadsom is MP for South Northamptonshire and a member of the Treasury Select Committee. What would we do without cheques? The first one was written on 16th February 1659 and they remain a vital method of payment with well over a billion transactions last year. Yet the Payments Council, originally set up in part […]
Andrea Leadsom is MP for South Northamptonshire, a financial services expert and a member of the Treasury Select Committee provides three suggestions to answer the above question… 1. UK Financial Investments Ltd (UKFI) owns 41% of Lloyds Banking Group, 84% of Royal Bank of Scotland Group and the whole of Northern Rock and Bradford and […]
Andrea Leadsom is MP for South Northamptonshire and a member of the Treasury Select Committee and replies here to the argument made earlier in the week here by Transport Minister Theresa Villiers. At a feisty debate in Parliament last week there was universal agreement about the need to improve Britain’s transport infrastructure! But that’s where […]
Andrea Leadsom is MP for South Northamptonshire, a member of the Treasury Select Committee and author of Boost Bank Competition which is published today by the Centre for Policy Studies and available to download as a pdf here. A radical upsurge in new business starts and SME expansion is key to turning around Britain’s economic […]
Andrea Leadsom is MP for South Northamptonshire and a member of the Treasury Select Committee. I’m a fan of Mervyn King, and in particular I agree with his view that the banks haven’t changed their ways at all, leaving the world vulnerable to another financial crisis. But, his recent comments about the banks raise a […]
Andrea Leadsom is MP for South Northamptonshire and opened a three-hour Commons debate about onshore wind farms and their impact on Britain’s landscape earlier in the month. The debate about onshore wind farms goes to the very heart of the battle between ‘localism’ and the ‘national interest’. It is true that there are genuine issues […]
Andrea Leadsom is MP for South Northamptonshire and a member of the Treasury Select Committee. Refreshingly, there was an enlightened and interesting discussion last week when the Treasury Select Committee took evidence from two prominent women Chief Executives of UK banks. First from Jayne-Anne Gadhia the Chief Executive of Virgin Money and second from Ana […]
Andrea Leadsom is MP for South Northamptonshire and a member of the Treasury Select Committee. For roughly ten years you have been able to take your telephone number with you when you change phone provider – imagine if you could take your bank account number with you if you decide to change your banker? Oftel, […]
Andrea Leadsom is MP for South Northamptonshire. Follow Andrea on Twitter. Last week the Fresh Start Project published the second chapter of its green paper on EU Reform. This one is on financial services. The project, led by me – together with Chris Heaton Harris MP and George Eustice MP – was set up to […]