Proceeding contribution from Lord Newby (Liberal Democrat) in the House of Lords on Wednesday, 14 January 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Banking Bill.
Banking Bill
Without wishing to cast myself in the role of the representative of public anger, I very much hope that the clause indeed allows directors who, for example, had very significant bonuses attached to their contracts of employment not to receive them if they have driven the bank for which they were directors into the ground and it has been forced into public ownership.
Secondary information
- Type
- Proceeding contribution
- Reference
- 706 c1264
- Session
- 2008-09
- Chamber / Committee
- House of Lords chamber
- Subjects
- Contracts Codes of practice Accountability Directors Assets Bank services Banks Competition Delegated legislation Bank of England Employment Liability EU law Financial institutions Insolvency Private sector Protection Pay Public appointments Property transfer Public sector Parliamentary scrutiny Staff Nationalisation Shares Taxation Shareholders Treasury
- Legislation
- Banking Bill 2007-08 to 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2024-01-26 18:49:39 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_519028
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_519028
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_519028