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Proceeding contribution from Lord Howard of Rising (Conservative) in the House of Lords on Monday, 2 February 2009. It occurred during Debate on bill on Banking Bill.

Banking Bill

My Lords, I thank the Minister for his remarks. However, his endeavours have not been very successful as I am not reassured. He mentioned the FSA, but the FSA is not responsible for competition; as far as I know, that is the Office of Fair Trading. If competition issues were considered equally, they were overwritten in the case of Lloyds and HBOS. That overriding and the potential of a very large bank to ride roughshod over other people are addressed by this amendment. With the best will in the world, the Minister, despite his strong effort, has not been convincing. I accept that we shall not go further with this today, so I beg leave to withdraw the amendment. Amendment 4 withdrawn.

Secondary information

Type
Proceeding contribution
Reference
707 c494 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Compensation Codes of practice Consumers Accountability Directors Assets Bank services Banks Competition Delegated legislation Advisory services Building societies Bank of England Finance Human rights EU law Financial institutions Insolvency Government assistance Financial Services Authority Private sector Protection Pay Public appointments Pensions Public interest Property transfer Mergers Parliamentary scrutiny Pension funds Pension rights Nationalisation Regulation Shares Valuation Taxation Shareholders Treasury UK Financial Investments Financial Services Compensation Scheme Northern Rock Bradford and Bingley Hampton, Philip
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk