Feet. Carriages of justice our carriages of justice in our nations history. And i am determined victims get determined that the victims get the justice and redress that they deserve. Today, were introducing legislation to quash convictions resulting from this scandal. The department for scandal. The department for business and trade will be responsible for the new redress scheme, and were widening access to the optional £75,000 payment. Hundreds of innocent subpostmasters have fought long and hard for justice. Subpostmasters have fought long and hard forjustice. With subpostmasters have fought long and hard for justice. With this bill, we will deliver it. Bill, we will deliver it. Meetings with ministerial colleagues and others. In colleagues and others. In addition to my duties in this house. I addition to my duties in this house. I shall have further such meetings later today. Khalife mr speaker , despite khalife mr speaker, despite serious opposition from the archbishop of canterbu
Odd system, it is odd because it rewards them for keeping their money outside the uk, which we think is the opposite of what we should do. What has changed with that . What has changed with that . What has changed is that any weird concept of domicile has been abolished, there will be a simple definition based on how many years you have been resident in the uk, which is sensible, and a complete exemption from tax on the foreign assets of someone who has recently arrived in the uk, which is simpler, and i think federer. It will only last forfour years. For a last for four years. For a professional person arriving to the uk from abroad gives the four years in which they can sort their Foreign Affairs and learn to live in the uk, but it is much less useful for the very wealthy. We have got jake here who has written and, as a young person, soon to on slightly above average income, what are the longer term effects of the budget, will i be better off . I will come to the longer term peace in
The economy becomes more and e here e po special control as far as i understand that banks could somehow balance their reserves and their reserves and if suddenly i change their mind and want to withdraw that deposit, the bank must have the necessary amount of funds. Definitely another way to even create money is to issue by a loan bank in order to issue a loan , technically the bank does not need money to come to it on a specific day. To another bank and , for example, to pay salaries to employees, and this includes money brought in by individuals brought by other companies in the form of their deposits, what happens if the bank does not properly form these reserves and makes a mistake and issues them loans are more than he actually has working capital in his accounts , and when his borrower thinks that he has, for example , borrowed a hundred thousand dollars, he comes to the bank. You give me 100,000, but the bank does not actually have this physical money, i only have records on hi
Will be an opportunityortunityor general publicl publ comment cos meeting afterg af closed sessiod therell be anll be anll be anlo comment on each discussion or action item policy agenda. Each comment is limited to two minutes. Please note that city policies along with federal, state and local law, prohibit discriminatory or harassing conduct against City Employees and others during Public Meetings and will not be tolerated. Moreover, Public Comment is permitted only on matters within the jurisdiction of this meeting body joining us president s of fine yes. Please call the first item. Thank you. I dont number three is closed session. Three a conference with Legal Counsel pending litigation. Right . And we will. We will need a roll call vote to invoke the Attorney Client privilege and enter into closed session for a conference with counsel. Okay, so, um. At this time, well be moving into closed session with Legal Counsel pending litigation before moving into closed session. We will take
General Public Comment at this meeting and there will be a opportunity to comment on each discussion or action item on the agenda. Each comment is limited to two minutes. Public comment will be taken both in person and remotely by call in. For each item the board will take Public Comment first for those in person and from people attendeding the meeting remotely. Comments are opportunities to speak during the Public Comment period are available via phone by calling 4156550001 access code, 26638831727 then and again. When connected you hear the meeting discussions, but will be muted and in listening mode only. When your item of interest comes up, press star 3 to be added a the speaker line. Call from a quite location, speak clearly and slowly and turn down your tv radio or computer. City policy along with federal, state and local law prohibits discriminatory conduct and will not be tolerated. Public comment is permitted on matters within the jurisdiction of the meeting body and thank you