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Proceeding contribution from Lord McFall of Alcluith (Labour) in the House of Commons on Wednesday, 12 March 2008. It occurred during Budget debate on AMENDMENT OF THE LAW.


AMENDMENT OF THE LAW

I know where my hon. Friend is coming from, but the FSA and others have a legitimate point. As I say, people should be aware that others who know about their criminality may turn against them, because we are making no progress at all on the issue. Something needs to be done, and the Government need to consider the issue urgently. I encourage them to ensure that the powers available to other prosecutors are extended to the FSA, and to make progress with the work of considering in which cases a plea-bargaining, or plea-discussion, framework would be of benefit to all prosecutors, including the FSA. As I have said, I welcome the Budget. I welcome the stability, as the next 12 months or so will be difficult for all of us, because we live in a globalised world. We do not need any fancy initiatives; we need to hunker down to get through the next 12 months. I am delighted, in an economic sense, that the Government are doing that while paying due regard to social obligations such as the need to tackle child poverty and the problems that people are experiencing with fuel. I welcome the Government’s initiatives, and I look forward to the Chancellor and his colleagues appearing before the Treasury Committee in the next seven days or so.


Secondary information

Type
Proceeding contribution
Reference
473 c312 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Budgets Borrowing Economic situation Public sector Taxation Tax yields Budget March 2008
Link
View this Proceeding contribution on www.publications.parliament.uk