Proceeding contribution from Gerald Howarth (Conservative) in the House of Commons on Tuesday, 14 October 2008. It occurred during Debate on bill on Banking Bill.
Banking Bill
Are not the Government coming at the dilemma from a position that they have already declared? Their policy on social exclusion led them to put pressure on the banks and building societies to lend to people across the country who were not credit-worthy, and to lend them more than they could afford. The Government have form on this issue. Does the hon. Gentleman agree that they will have to prove to us that they are not going to use their position on the boards of banks to pressurise them into pursuing the folly that has led us to the position that we are in?
Secondary information
- Type
- Proceeding contribution
- Reference
- 480 c719
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Compensation Consumers Accountability Bank services Banks Building societies Bank of England Bank notes Finance Financial institutions Insolvency Government assistance Economic situation Equitable Life Assurance Society Protection Mergers Nationalisation Lloyds TSB Monetary Policy Committee Scotland Regulation HBOS Financial Services Compensation Scheme National Loans Fund Northern Rock Financial Services Commission Bradford and Bingley
- Legislation
- Banking Bill 2007-08 to 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 01:49:54 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_499486
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