Proceeding contribution from Vincent Cable (Liberal Democrat) in the House of Commons on Friday, 27 April 2007. It occurred during Debate on bill on Building Societies (Funding) and Mutual Societies (Transfers) Bill.
Building Societies (Funding) and Mutual Societies (Transfers) Bill
I was not in any sense trying to criticise the Bill, which I support as a sponsor, because it is not prescriptive. Indeed, it builds in the flexibilities that the hon. Gentleman described. I was simply trying to address the building societies over his head, as it were, and suggest that a rush into wholesale markets to expand mortgage lending may not be wise.
Secondary information
- Type
- Proceeding contribution
- Reference
- 459 c1151
- Session
- 2006-07
- Chamber / Committee
- House of Commons chamber
- Subjects
- Credit unions Building societies Insolvency Insurance Friendly societies Mortgages Mergers Mutual societies
- Legislation
- Building Societies (Funding) and Mutual Societies (Transfers) Bill 2006-07
- Financial Mutuals Arrangements Bill 2006-07
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- Timestamp
- 2023-12-15 11:21:40 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_393004
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