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Proceeding contribution from Andrew Pelling (Independent (affiliation)) in the House of Commons on Wednesday, 17 December 2008. It occurred during Debate on bill on Banking Bill.


Banking Bill

I think that I will take this opportunity to desist, Madam Deputy Speaker, because colleagues look keen to move on to the next business of the House. In conclusion, good work has been done in the Bill to provide the basis of speedy intervention in any future banking crisis. However, I hope that the Government will consider the introduction of the means to set up a bad bank—a solution that could deal with the crises that are upcoming in the next two months. Question put and agreed to. Bill accordingly read the Third time and passed.


Secondary information

Type
Proceeding contribution
Reference
485 c1132 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Compensation Codes of practice Assets Bank services Banks Credit agreements Building societies Bank of England Capital Financial institutions Insolvency Government assistance Financial Services Authority Private sector Nationalisation Henry VIII clauses Financial Services Compensation Scheme
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk